R-2828 Bank letters_Selma Mill_Selma Mill Task 4 Credit Release 121219

DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
69 DARLINGTON AVENUE
WILMINGTON, NORTH CAROLINA 28403-1343
December 11, 2019
REPLY TO
ATTENTION OF:
Regulatory Division
Action ID No. SAW-2015-00710
Re: Year 2 Monitoring 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 the Year 2 Monitoring credit release 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 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 Year 2 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 2 Monitoring credit release, and 730.5 stream mitigation units (SMUs) are now available
for sale. To date, 3652.5 SMUs (50 percent of the total stream restoration and enhancement
credits) have been released for sale.
Please be aware that the existing Long Term Maintenance and Monitoring Performance Bond
will expire on October 5, 2020. Failure to submit a new bond or an extension/renewal signed by
the surety prior to October 5, 2020, will result in the suspension of 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(c,usace.army.mil or telephone [phone], Extension 22
Sincerely,
GIBBY.JEAN.B Digitally signedGIBBYJEAN.B.1229783633
.1229783633 0500 019.12.11 12:27:15
Jean B. Gibby
Chief, Raleigh Regulatory Field Office
Electronic Copies Furnished:
NCIRT Distribution List