20170887 Ver 1_Year 1 Monitoring Credit Release SAW-2016-02365_20200225

\I� DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
69 DARLINGTON AVENUE
- WILMINGTON, NORTH CAROLINA 28403-1343
REPLY TO February 25, 2020
ATTENTION OF:
Regulatory Division/1200A
Action ID No. SAW-2016-02365
Re: Year 1 Monitoring Credit Release associated with the Cane Creek Umbrella
Mitigation Bank, Bethel Branch Mitigation Site
Mr. Jeff Keaton
Wildlands Engineering, Inc.
312 W Millbrook Road, Suite 225
Raleigh, North Carolina 27609
Dear Mr. Keaton:
This correspondence is in reference to the Cane Creek Umbrella Mitigation Site,
Bethel Branch Mitigation Site, located within the South Fork Cane Creek watershed of the
Cape Fear River Catalog Unit (03030002). The site is located at 277 R E Wright Road,
near Snow Camp, in Chatham County, North Carolina. The purpose of this letter is to
confirm the release of stream and wetland restoration and enhancement credits
associated with the Year 1 Monitoring activities for this project.
Pursuant to the Mitigation Banking Instrument (UMBI) entitled, Agreement to Establish
the Cane Creek Umbrella Mitigation Bank in the Cape Fear River Basin within the state of
North Carolina, approved February 1, 2018; the site -specific Bethel Branch Mitigation
Site Final Mitigation Plan (Plan), dated October 2018 and approved November 8, 2018;
and the Monitoring Year 1 Report — Bethel Branch Mitigation Site dated December 2019,
10 percent of the mitigation site's total 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 520.2 stream mitigation units
(SMUs) and 0.314 wetland mitigation units (WMUs) are now available for sale. To date,
2080.8 SMUs and 1.256 WMUs (40 percent of the total restoration and enhancement
credits) have been released for sale.
Please be aware that the Long Term Maintenance and Monitoring Performance Bond
is valid through October 1, 2026. 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,
LASTINGER.JAM
ES.C.136364240
0
Digitally signed by
LASTINGER.JAMES.C.136364
2400
Date: 2020.02.25 12:31:28
-05'00'
for Jean B. Gibby
Chief, Raleigh Regulatory Field Office
Regulatory Division
Electronic Copies Furnished:
NCIRT Distribution List