HomeMy WebLinkAbout20150636 Ver 1_DWR Year 3 comments_20200113Strickland, Bev
From: Merritt, Katie
Sent: Monday, January 13, 2020 11:09 AM
To: mherrmann@watershedinvestmentsnc.net
Subject: RE: [External] FW: Watershed Investments I Continuation Certificate [-Restricted-]
Hey Mike,
I just finished the monitoring report on Friday, and I do have some concerns regarding the health of the trees recorded
in the monitoring report, despite the vigor rating. This is Year 3, and upon my review of the report, >25% of the stems
are smaller this year when comparing the data from 2018. There is nothing in the report that indicates a problem was
observed, but I presume there is an explanation? Some stems were >15cm less than last year. Also observed, is that
>70% of the stems recorded are <3 feet tall for this Year. Of the stems that are actually greater than 3', they are only
Sycamore, Green Ash and 1 Oak. The pictures provided in the report show lots of weeds and very few trees, and the
easement boundary doesn't look well marked in PP 1 and PP2.
As a result, I am very concerned that this site is not on trajectory to meeting performance by year 5 considering the
height of the trees is alarmingly small. By Year 3, a majority of your planted stems should be well over 3', and in
comparison to most bank site's Year 3 monitoring data, yours is underperforming. Upon allowing a bond reduction,
DWR will need to see the site in late Spring 2020 to determine how representative the plot data is of the entire site as a
whole. It will be at this site visit, that DWR will assess the vegetation condition and determine if a remediation plan will
be required.
Therefore, DWR will not be authorizing a bond reduction at this time. You will need to secure a continuation certificate
for the bond amount currently in place at $44,000. Additionally, only a 5% credit release will be issued upon securing
the continuation certificate. When I have visited the site in Spring 2020, 1 will determine if the remaining 5% credit
release is warranted at that time.
Thank you,
Katie
From: mherrmann@watershedinvestmentsnc.net [mailto:mherrmann@watershedinvestmentsnc.net]
Sent: Saturday, January 11, 2020 12:15 PM
To: Merritt, Katie <katie.merritt@ncdenr.gov>
Subject: [External] FW: Watershed Investments I Continuation Certificate [-Restricted-]
External email. Do not click links or open attachments unless you verify. Send all suspicious email as an attachment to
report.spam@nc.gov
Hi Katie —Attached is a scanned copy of the bonding document for Neville Farms. Combined with the previously
provided monitoring report, will this suffice for the Task 6 credit release for the Neville site?
-Mike
From: McElligott, Julie<JMcElligott@mcgriffinsurance.com>
Sent: Friday, January 10, 2020 4:32 PM
To: Mike Herrmann <mherrmann@watershedinvestmentsnc.net>
Subject: Watershed Investments I Continuation Certificate [-Restricted-]
Data Classification: [-Restricted-]
Hi Mike,
Attached is the Continuation Certificate for the 2020— 2021 term of your monitoring bond. Note the bond amount as
changed to $34,500. Please confirm all is well and I will ship the original to you.
Thanks!
Julie
Julie McElligott
Surety Specialist I Construction Practice Group
McGriff Insurance Services, a subsidiary of 88&T Insurance Holdings
p: (919) 281-4556 1 e: jmcelligott@mcgriffinsurance.com
www.mcgriffinsurance.com
From: Lexmark
Sent: January 10, 2020 4:23 PM
To: McElligott, Julie
Subject:
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