R-2828 Bank letters_Grantham Branch_Second Credit Release_Grantham Branch Mitigation Bank_2017-00549

DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
69 DARLINGTON AVENUE
WILMINGTON, NORTH CAROLINA 28403-1343
July 3, 2018
REPLY TO
ATTENTION OF:
Regulatory Division/1200A
Action ID No. SAW-2017-00549
Re: Second Credit Release (As -Built Implementation) associated with Grantham Branch
Mitigation Site
Mr. John Hutton
Wildlands Engineering, Inc.
312 West Millbrook Road, Suite 225
Raleigh, North Carolina 27604
Dear Mr. Hutton:
This correspondence is in reference to the Grantham Branch Mitigation Site, part of the Falling
Creek Umbrella Mitigation Bank. The 94-acre site is adjacent to Falling Creek in the Upper Neuse
Cataloging Unit (03020201) and located south of the intersection of Grantham School Road and
U.S. Highway 13 South, in Wayne County, North Carolina. The purpose of this letter is to confirm
the second release of credits (As -Built Implementation) for this mitigation site.
Pursuant to the Umbrella Mitigation Banking Instrument (UMBI) entitled, Agreement to
Establish the Falling Creek Umbrella Mitigation Bank in Neuse River Basin Within the State of
North Carolina, approved February 28, 2017; the site -specific Grantham Branch Final Mitigation
Plan, dated December 2017; and the Baseline Monitoring Document and As -Built Baseline
Document for the Grantham Branch Mitigation Site, dated June 2018, fifteen percent (15%) of the
mitigation site's total stream and wetland restoration and enhancement credits shall be available
for sale immediately upon completion of all of the following:
a. Successful completion of all stream restoration and enhancement activities (As -Built
Construction) as described in the Plan, dated December 2017;
b. Successful completion of all planting activities as described in the Plan, dated
December 2017; and
c. Successful completion of easement fencing suitable for livestock exclusion as outlined
in the Plan, dated December 2017.

Please note that you must submit the financial assurance for monitoring in the form of a bond,
letter of credit, or casualty insurance by August 2, 2018. Failure to comply may lead to a
suspension in credit sales.
By copy of this correspondence, we confirm that you have satisfied the above requirements for
the second release of credits (As -Built Implementation) for all parcels within the bank. As such,
412.35 stream mitigation units (SMUs) and 0.59 wetland mitigation units (WMUs), constituting
15% of the mitigation bank site's total stream and wetland credits are now available for sale. To
date, 30 percent (824.7 SMUs and 1.18 WMUs) of the total stream and wetland restoration and
enhancement credits (2749 SMUs, 3.905 WMUs), and 100% of the total stream and wetland
preservation credits (498 SMUs and 6.13 WMUs) have been released. Our records indicate that
zero (0) stream and wetland credits associated with this mitigation site have been debited as of
July 3, 2018. Therefore, the current total amount of credits available for sale is 1322.7 SMUs and
7.31 WMUs.
Thank you for your interest in restoring and protecting waters of the United States. If you have
questions regarding this letter, please contact Samantha Dailey, Raleigh Regulatory Field Office at
Samantha.J.Daileygusace.army.mil or telephone [phone], Extension 22
Sincerely,
WICKER.HENRY.M.J Digitally signed by
WICKERAENRY.MJR.1229818267
DN: c=US, o=U.S. Government, ou=DoD, ou=PKI,
R.1229818267 Date: 20180 05C1320:16R0400R.1229818267
Henry Wicker
Deputy Chief, Regulatory Division
Electronic Copies Furnished:
NCIRT Distribution List