R-2828 Bank letters_Hannah Bridge_Hannah Bridge Task 3 Release 121819

DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
69 DARLINGTON AVENUE
WILMINGTON, NORTH CAROLINA 28403-1343
REPLY TO
ATTENTION OF:
December 19, 2019
Regulatory Division/1200A
Action ID No. SAW-2015-01799
Re: Year 1 Monitoring Credit Release associated with Neu -Con Umbrella Mitigation
Bank, Hannah Bridge Stream and Wetland Mitigation Site
Mr. Brad Breslow
EBX-Neuse, LLC
302 Jefferson Street, Suite 110
Raleigh, North Carolina 27605
Dear Mr. Breslow:
This correspondence is in reference to the Neu -Con Umbrella Mitigation Bank,
Hannah Bridge Stream and Wetland Mitigation Site located in eastern North Carolina.
Specifically, the site is located along Green Pasture Road, near Four Oaks, Johnston
County, North Carolina, within the Hannah Creek watershed of the Upper Neuse
Cataloging Unit (03020201). The purpose of this letter is to confirm the Year 1 Monitoring
credit release for this mitigation site.
Pursuant to the Mitigation Banking Instrument (UMBI) entitled, Neu -Con Umbrella
Wetland Mitigation and Stream Restoration Bank, approved April 2, 2001, and amended
April 10, 2009; the site -specific Hannah Bridge Stream and Wetland Final Mitigation Plan
dated March 2018 (with supplemental information received May 2018) and approved
June 27, 2018; and the Hannah Bridge Stream and Wetland Mitigation Site Year 1
Monitoring Report dated December 2019, 10 percent of the mitigation site's total stream
and wetland restoration and enhancement credits shall be available for sale provided the
Year 1 Monitoring Report demonstrates interim performance standards are being met.
By copy of this correspondence, we confirm that you have satisfied the above
requirements for the Year 1 Monitoring credit release, and 446.6 stream mitigation units
(SMUs) and 1.0 wetland mitigation units (WMUs) are now available for sale. To date,
1963.4 SMUs and 4.73 WMUs (40 percent of the total restoration and enhancement
credits and 100 percent of the total preservation credits) have been released for sale.

Please be aware that the Long Term Maintenance and Monitoring Performance Bond
will expire on September 17, 2020. Failure to submit financial assurance prior to the
expiration date may lead to a suspension in credit sales.
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.Dailey(a�_usace.army.mil or telephone (919) 554-
4884, Extension 22.
Sincerely,
GI B BY.J EA N. B Digitally signed by
G IBBY.JEAN.B.1229783633
.1229783633 Date: 2019.12.1 9 11:21:25 -05'00'
Jean B. Gibby
Chief, Raleigh Field Office
Electronic Copies Furnished:
NCIRT Distribution List