R-2828 Bank letters_Selma Mill_Selma Mill BF Credit Release 121819

DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
69 DARLINGTON AVENUE
WILMINGTON, NORTH CAROLINA 28403-1343
December 18, 2019
REPLY TO
ATTENTION OF:
Regulatory Division/1200A
Action ID No. SAW-2015-00710
Re: 10 Percent Bankfull Credit Release associated with Neu -Con Umbrella Mitigation
Bank, Selma Mill Stream Mitigation Site
Mr. Brad Breslow
Resource Environmental Solutions, 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, Selma
Mill Stream Mitigation Site. The site includes unnamed tributaries that flow to the Neuse
River in the Upper Neuse Cataloging Unit (03020201) and is located north of the
intersection of W. Chestnut Street and NC Highway 96, north of Selma, in Johnston
County, North Carolina. The purpose of this letter is to confirm you have achieved two (2)
separate bankfull events in two (2) separate monitoring years for this mitigation site.
Pursuant to the Umbrella Mitigation Banking Instrument (UMBI) entitled, Neu -Con
Umbrella Wetland Mitigation and Stream Restoration Bank, approved April 2, 2001, and
amended on April 10, 2009; the site -specific Selma Mill Final Mitigation Plan dated
August 2016 and approved October 2016; and as demonstrated in the Selma Mill Stream
Mitigation Site Year 2 Monitoring Report dated October 2019, 10 percent of the mitigation
site's total stream credits shall be available for sale provided the success criteria for
bankfull events have been met. In accordance with the approved mitigation plan and
Year 2 Monitoring Report, 15 bankfull events were observed during Year 1 Monitoring,
and 17 bankfull events were observed during Year 2 Monitoring.
By copy of this correspondence, we confirm that you have satisfied the above
requirements for the bankfull credit release, and 730.5 stream mitigation units (SMUs)
are now available for sale. To date, 4383 SMUs (60 percent of the total stream
restoration and enhancement credits) have been released for sale.

Please be aware that the Long Term Maintenance and Monitoring Performance Bond
will expire on October 5, 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.DaileyCc usace.army.mil or telephone (919) 554-
4884, Extension 22
Sincerely,
GIBBYJEAN. Digitally signed by
G I B BY.J EA N.B.122978
B.122978363 3633
Date: 2019.12.18
3 15:33:29-05'00'
Jean B. Gibby
Chief, Raleigh Field Office
Electronic Copies Furnished:
NCIRT Distribution List