Loading...
HomeMy WebLinkAbout20081235 Ver 1_Mitigation Plans_20121025EXECUTIVE SUMMARY On behalf of Weyerhaeuser NR Company, Inc. (Sponsor), Land Management Group, Inc. (LMG) is submitting the following comprehensive Mitigation Plan for the proposed Brice Creek Wetland Mitigation Bank, located in Craven County, North Carolina. The proposed Bank will provide up to 636 acres of non - riparian wetland restoration and enhancement within the headwaters of the Lower Neuse River. The tract has been managed for silvicultural production since the 1970's and contains an expansive drainage network that has significantly altered and /or removed the characteristic wetland hydrology. The resultant condition has been the historic conversion of a diverse assemblage of forested wetland communities to an intensively managed monoculture pine plantation. Restoration efforts will include the re- establishment of characteristic wetland hydrology via the installation of ditch plugs throughout the existing drainage network and the planting of characteristic wetland vegetation. By doing so, both hardwood flat and non - riverine swamp forest wetland communities will be restored and enhanced. Anticipated functions and values resulting from the restoration project include increased nutrient retention /transformation, sediment retention, floodwater storage /flood abatement, and groundwater recharge. Given the scale of the restoration effort, the project will provide considerable habitat benefits on a watershed level. The project offers a unique opportunity to provide additional habitat connectivity between the protected Nation Forest lands of the Catfish Lake South Wilderness Area (an approximated 8,530 -acre preserve to the west) and the Sheep Ridge Wilderness Area (and approximate 9,297 -acre preserve to the south). Detailed site investigations (including topographic survey, soil profile descriptions, and hydrologic analyses) have been completed on the site. The following Mitigation Plan provides information related to existing site conditions, watershed characteristics, proposed restoration activities, monitoring criteria, and long -term site management and protection. Specific information related to bank operation (including credit generation, ledger management, and financial assurances) is included within the Mitigation Banking Instrument (MBI) (submitted in conjunction with the Mitigation Plan). Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 1 Mitigation Plan — August 2012 I. INTRODUCTION A. Protect Overview The proposed mitigation bank site (approximately 645 acres) consists predominantly of former headwater wetlands that drain to Great Branch (a first -order tributary of the Trent River), Tucker Creek (a first -order tributary of the Neuse River), and the East Prong (a first -order tributary of the Trent River). Non - riparian wetlands have been historically ditched and managed on the tract for silvicultural production. A network of drainage ditches on the tract serves to lower groundwater tables and intercept surface water. Flow is diverted into the East Prong that drains to Brice Creek and subsequently into the Trent and Neuse Rivers. Based upon detailed site investigations, approximately 636 acres of non - riparian wetlands can be restored and enhanced on the site. The site consists entirely of hydric soils characteristic of broad interstream flats of the outer Coastal Plain. Representative mapped soil units include Bayboro mucky loam, Pantego fine sandy loam, Rains fine sandy loam, and Leaf silt loam. These series are poorly drained to very poorly drained soils characteristic of non - riparian wetlands. Open ditching on approximate 330 -ft spacing for timber management has effectively lowered water table levels throughout a majority of the site, effectively removing wetland hydrology. This is supported by observed field indicators, groundwater monitoring data, and DrainMod studies. In addition, a jurisdictional determination (JD) provided confirmation of the extent of drainage and resultant non - jurisdictional areas. Soil and geomorphological conditions of the tract indicate that the entire site formerly consisted of non - riparian wet hardwood flats and swamp forest communities. Based upon the proposed restoration effort, the bank site will result in 554.5 non - riparian wetland credits (restoration equivalent credits). Supply of these credits to Section 404/401 applicants will be deemed as suitable mitigation to offset authorized wetland impacts in the identified Geographic Service Area (GSA) (refer to Section VI). B. Site Location The tract is located south of Highway 70 (between New Bern and Havelock) and just east of Catfish Lake Road in Craven County, NC. It is bordered on the south by East Prong, a first -order tributary of the Trent River. Refer to the enclosed site location map (Figure 1), USGS topographic quadrangle (Figure 2), LIDAR 2 foot contour data (Figure 3), and the Craven County Soil Survey map (Figure 4) for additional site information. A 1998 infra -red aerial photograph of the site (Figure 5) is also enclosed for reference. Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 2 Mitigation Plan — August 2012 WATERSHED CHARACTERIZATION The project site is located in the Lower Neuse River Basin (USGS 8 -digit hydrologic unit 03020204, NCDWQ Subbasin 03- 04 -10). This watershed has experienced moderate growth since the 1970's — particularly within the more urbanized areas of Havelock and New Bern. Within the subbasin, land use consists predominantly of agriculture and forestry. Residential and commercial development is concentrated near New Bern and Havelock, including the Highway 70 corridor between the two cities. Runoff remains the principal cause for non -point source pollution (NC DENR 2006). While large -scale agricultural and silvicultural operations are common, there are also large areas of protected lands (e.g. Croatan National Forest and Light Ground Pocosin). Average population density for Craven County increased 6% from 2000 to 2008 and is currently estimated at 97,000 people (U.S. Census Bureau 2009). The surface water body classifications for Brice Creek and the Neuse River are C NSW and SC NSW, respectively. Class SC waters are defined as tidal saltwater bodies protected for secondary recreation, fishing, and aquatic life including propogation, survival, and wildlife. Class C waters are defined as non -tidal freshwater bodies protected for secondary recreation, fishing, and aquatic life. Nutrient Sensitive Waters (NSW) are subject to growths of microscopic or macroscopic vegetation requiring limitations on nutrient inputs (NC DWQ 2000). Best management practices (BMPs), including riparian buffer setbacks, are implemented within NSW basins to help offset or minimize nutrient loading to susceptible waters. Prior to the initiation of silvicultural management activities, the proposed restoration site consisted of mineral headwater wetland flats, typically found in interstream divide landscapes throughout the outer Coastal Plain. This type of wetland supports a number of functions /values including, but not limited to the following: groundwater recharge; flood water storage and attenuation; filtration and storage of nutrients, sediments, and /or toxic substances; and refuge /feeding habitat for resident and migratory fauna. At the present time, these functions have been compromised through the extensive conversion practices associated with the silvicultural management of the site (ditching, bedding, clear- cutting, etc.). The Neuse River and its tributaries, in particular, have exhibited significant water quality impairments associated with low dissolved oxygen (DO), high total nitrogen (TN), and high total phosphorus (TP). High nutrient concentrations originate from non -point source loading associated with intensive agricultural and silvicultural practices common throughout the watershed. These impairments are likely exacerbated by channelization of local streams and ditching of headwater wetlands, resulting in diminished nutrient uptake and nutrient/sediment Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 3 Mitigation Plan — August 2012 loading to down - gradient waters. Furthermore, hypoxic /anoxic conditions and toxic algal blooms have contributed to various fish kills reported in the Neuse River over the past two decades. III. MITIGATION GOALS The objective of the Brice Creek project is to provide high - quality compensatory mitigation for authorized impacts within the approved service area. Prior to the anthropogenic disturbance this area likely supported an intact wet hardwood flat ecosystem. Published research has documented a diverse assemblage of fauna associated with this ecosystem, including over 67 species of birds, 20 mammals, and 12 amphibians. Some of these species, such as the dusky salamander (Desmognathus auriculatus) are found exclusively within this habitat. Note that current research also suggests that less than 20,000 acres of this community type remain in the Coastal Plain of North Carolina. This decline is attributed to the high value of the timber resources and the favorable response to drainage during the conversion to farmland or silviculture (Schafale, 2008). Given the size and location of the proposed project, it is anticipated that several key wetland functions will be restored following project implementation. Wetland systems located in the headwaters of a given watershed play an integral role in maintaining downstream water quality and provide food web support. These functions are accomplished through the attenuation of flood waters; production of organic material, and retention /sequestration of pollutants and sediment. The project will also provide significant refuge habitat and connectivity to the surrounding national forest for migratory bird species and large mammals. The proposed project will serve as a general use wetland mitigation bank serving the approved service area. The purpose of the bank is to compensate for those wetland losses authorized by applicable federal and state regulatory programs via the restoration and enhancement of approximately 636 acres of wetlands. IV. SITE DESCRIPTION A. Community Types The Brice Creek site is located within the Middle Atlantic Coastal Plain ( Ecoregion 63) as defined by Griffith et al. (2002) "Ecoregions of North Carolina" (refer to Appendix A). This ecoregion encompasses the area defined as the `Carolina Flatwoods' — a subregion occurring along nearly level, poorly drained areas in the outer Coastal Plain including the Lower Neuse River Basin and the White Oak River Basin. Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 4 Mitigation Plan — August 2012 Existing vegetation throughout a majority of the tract is comprised of managed loblolly pine. The natural hardwood - dominated canopy was likely removed during the initiation of silvicultural management activities in the early 1970's. As a result of these activities, a monoculture stand of loblolly pine has been cultivated. Based upon the North Carolina Wetland Assessment Method (NC WAM), the mitigation site consists of two wetland community types: (1) Non - Riverine Hardwood Flat; and (2) Non - Riverine Swamp Forest. While the hardwood - dominated canopy has been removed, a majority of the tract retains the characteristic mineral soils, topography, and drainage patterns consistent with wet hardwood communities found in an interstream divide landscape position. The hardwood flat community has been targeted for restoration throughout the sections containing primarily mineral soils. The remaining acreage (that generally consists of soils with higher organic matter in the soil surface) has been targeted for non - riverine swamp forest restoration. In an undisturbed condition, the swamp forest community tends to be dominated by swamp tupelo and bald cypress and is common throughout the outer Coastal Plain (Shafale and Weakley, 1990). B. Vegetation The predominant land use of the tract and surrounding area is silvicultural production. This assemblage is dominated by loblolly pine (Pinus taeda) currently in different stages of stand management. Understory vegetation is comprised of wax myrtle (Morella cerifera), red bay (Persea palustris), and American ti -ti (Cyrilla racemiflora). Drained wetland areas (suitable for restoration) exhibit a mix of species indicative of changes in hydrology. Older stands contain isolated individuals of remnant wetland canopy species (such as tulip poplar (Liroidendron tulipifera) and swamp chestnut oak (Quercus michauxii). However, subcanopy species and herbaceous vegetation is indicative of drier conditions resulting from site drainage. These species include water oak (Quercus nigra), yellow jasmine (Gelsimium sempervirens), horse sugar (Symplocos tinctoria), bracken fern (Pteridium aquilinum), and dog fennel (Eupatorium capillifolium). Few trees characteristic of the hardwood - dominated wet hardwood flat system that likely existed prior to the initiation of silvicultural management in the early 1970's exist within the proposed restoration areas. Nearly all the former wetland habitat on the tract has been drained and managed for timber production. At the time of site investigations, the southwestern portion of the site had been recently clear -cut, while significant acreage remained planted with loblolly pine in various stages of growth. Remaining wetland areas, found along the perimeter of the parcel, exhibit greater densities of bay species including red bay, sweet bay (Magnolia virginiana), and loblolly bay (Gordonia lasianthus). Netted chain fern (Woodwardia areolata) and cinnamon fern (Osmunda cinnamomea) are common herbaceous species of these areas. Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 5 Mitigation Plan — August 2012 C. Soil Characteristics The tract (located within the headwaters of Brice Creek and Tucker Creek) exhibits nearly level to gently sloping topography. The site and surrounding area is grouped in the Pantego - Bayboro- Rains -Leaf general soil unit. This assemblage is characterized by nearly level, very poorly drained soils that have silt and muck surfaces and are subject to rare to frequent flooding. The predominant wetland soil units occurring on the tract are the Pantego fine sandy loam and Bayboro mucky loam soil series. These soils occur on broad flats and /or depressions and are very poorly drained (refer to Figure 4). Each of these soil units is characterized by low chroma (black or dark brown), often mucky surfaces. The Pantego series has a black fine sandy loam surface layer to approximately 15" and is underlain by a dark gray sandy clay loam. The Bayboro series consists of organic muck to approximately 13" with grayish brown loam to approximately 17" and underlain by grayish brown clay loam and grey clay. Other wetland soil units on the tract include Rains fine sandy loam and Leaf silt loam. These are poorly to very poorly drained soils occurring in low flats and in depressions of uplands. Detailed soil evaluations were performed by a licensed soil scientist from LMG in July 2009. The investigations included soil profile descriptions, identification of physical water, and identification of soil morphologic indicators of site drainage. Borings were conducted in representative areas across the tract and within each of the mapped soil units. Results from these borings suggest that the overall extent of Bayboro soils is greater than shown in the NRCS Soil Survey. Bayboro soils were classified in areas mapped as Pantego, Rains, and Leaf (see attached boring logs in Appendix B). D. Hydrology /Hydraulic Characteristics The tract is located within a non - riverine, headwater area that has been historically managed for timber production. In an undisturbed condition, the hardwood flat wetlands tend to be seasonally saturated to seasonally inundated, while the swamp forest community is typically seasonally to semi - permanently inundated. An intensive drainage network (of varying ditch size) effectively drains most of the former non - riparian wetlands occurring on the property. Drained hydric soils (i.e. low- chroma, friable soils exhibiting a relatively high percentage of uncoated sand grains) are clearly evident along either side of existing ditches on the tract. Subsidence around old- growth trees and oxidation of surficial organics are also indications of long -term drainage. Several hydrologic tools were utilized to identify the effective lateral drainage effect of ditches occurring on the property. Site evaluations (including collection of data points, hydrologic well monitoring, and un -lined boreholes) over an extended period of review (approximately two years) in addition to drainage analysis (e.g. scope and effect calculations and DrainMod) have provided a body of evidence from which to Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 6 Mitigation Plan — August 2012 determine an appropriate lateral drainage effect. Collectively, the data indicate a 300 -ft effective lateral drainage distance for the collector ditches occurring on the property. Due to the reduction in available freeboard, the lateral ditches have an estimated lateral effect of 125 ft. Beyond these distances, drainage appears to be restricted. The compilation of data was used to obtain a jurisdictional determination (JD) on the property. The JD (issued on December 6, 2010) confirmed the extent of jurisdictional wetlands as presented in the wetland delineation map in Appendix C. Appendix C also provides a copy of the JD and the findings of the detailed drainage analysis. E. Threatened and Endangered Species A review of the North Carolina Natural Heritage Program database was conducted to identify rare species known to occur within the project area. The Brice Creek property is located within the Havelock USGS topographic quadrangles. The Heritage database documented three rare animal species having identified occurrences within a one square -mile area of the project site. The bald eagle (Haliaeetus leucocephalus; federally protected under the Bald and Golden Eagle Protection Act) has been sited in the vicinity of the project area with documented active nests south of the site within the Croatan National Forest. The glossy crayfish snake (Regina rigida; state - listed as Significantly Rare) has documented occurrences within the Croatan National Forest. The black- throated green warbler (Dendroica wens waynei) has also been documented in the vicinity of tract. An intact wet hardwood forest ecosystem in the vicinity of the bank site has also been documented by the Natural Heritage Program. This system is dominated by an assemblage of mature oaks and includes several large tulip poplar (Liriodendron tulipifera). LMG staff has conducted evaluations of mapped, relatively undisturbed wet hardwood communities located adjacent to the site. These areas appear to provide suitable reference wetland habitat for monitoring of the bank site. Since all documented occurrences of these species have been in undisturbed forested areas associated with the Croatan National Forest and outside of the project area, it is anticipated that the wetland restoration efforts will not have any adverse effects on threatened and endangered species. Rather, the project will likely serve only to expand habitat suitable for refuge, feeding, and /or migration. F. Cultural Resources The project will not have an effect on any structures /properties eligible or listed on the National Register of Historic Places. Based upon a review of maps at the North Carolina Office of Archives and History, there Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 7 Mitigation Plan — August 2012 are no known significant archaeological resources on the restoration site. The project area is of relatively low landscape position with numerous drainage canals. As such, the Historic Preservation Office has determined the area to be of low probability in terms of significant archeological resources. V. RESTORATION PLAN A. Non - Riparian Wetland Restoration Existing conditions throughout the site provide an opportunity for restoration and enhancement of non - riparian wetlands. Based upon the collective body of information gathered (including DrainMod studies and observed field indicators), a majority of the site (473 acres) is considered suitable for restoration. Smaller portions of the tract in which hydrology has been influenced - but not to an extent to remove wetland hydrology - have been targeted for wetland enhancement. Cumulatively, these areas total 163 acres (Figure 6). The remaining nine (9) acres of the site consists of an existing powerline /utility easement. This area will be excluded from any bank operations. Figure 7 provides information on the existing drainage network throughout the project area. Vegetation Restoration: As part of Weyerhaeuser's timber harvest schedule, much of the tract has been recently clear -cut. Prior to planting of target wetland seedlings, all areas will be drum - chopped and a chemical treatment will be performed to limit future competition from volunteers. Based upon landscape position and soil type, two vegetative communities have been targeted for restoration: (1) wet hardwood forest and (2) swamp forest (Figure 9). The wet hardwood forest will be reestablished in the higher landscape positions, associated with the Pantego and Leaf soil series. The species assemblage for this community will include swamp chestnut oak (Quercus michauxii), tulip poplar (Liriodendron tulipifera), willow oak (Quercus phellos), and black gum (Nyssa sylvatica). The swamp forest community will be reestablished in those areas consisting of mucky mineral soils or organic soils. The species assemblage for this community will include water tupelo (Nyssa biflora), Atlantic white cedar (Chamaecyparis thyoides) and bald cypress (Taxodium distichum). Tree seedlings will be planted on approximate 9 -ft to 10 -ft spacings (equivalent to a density of 435 stems /acre to 538 stems /acre). It is anticipated that other characteristic shrub species (e.g. inkberry, fetterbush, American titi) will continue to readily volunteer into the restored wetland areas. See Table 1 for specific planting information. Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 8 Mitigation Plan — August 2012 Table 1. Planting Plan for Brice Creek Wetland Restoration. Swamp Forest 232 ac. Non - Riparian Wetland Common Name Scientific Name % Composition # Planted Swamp Tupelo Nyssa biflora 20 23,200 Bald Cypress Taxodium distichum 20 23,200 Atlantic White Cedar Chamaecyparis thyoides 15 17,400 Green Ash Fraxinus pennsylvanica 15 17,400 Tulip Poplar Liriodendron tulipifera 15 17,400 Pond Pine Pinus serotina 15 17,400 TOTAL 116,000 Wet Hardwood Forest 404 ac. Non - Riparian Wetland Common Name Scientific Name % Composition # Planted Swamp Chestnut Oak Quercus michauxii 20 40,400 Willow Oak Quercus phellos 20 40,400 Tulip Poplar Liriodendron tulipifera 20 40,400 Cherrybark Oak Quercus falcata 10 20,200 Black Gum Nyssa sylvatica 10 20,200 Ironwood Carpinus carolinium 10 20,200 American Elm Ulnus americana 10 20,200 TOTAL 202,000 GRAND TOTAL 318,000 Note that planting is tentatively scheduled for early 2013. To promote the highest likelihood of success for the seedlings, the planting will be performed prior to the hydrologic restoration of the site. Based upon a January- February 2013 planting schedule, all earthwork will be completed by the end of the first full growing season (i.e. by November 30, 2013). Hydrologic Restoration. The proposed mitigation bank includes the restoration of up to 473 acres of non- riparian wetland habitat via the backfilling and /or plugging of ditches. In addition, removal of a portion of the roadbeds will allow for surface water to sheetflow along its natural gradient. A recent topographic study of the project area determined the existing invert elevations of each ditch and canal within the project area. This study also collected ground surface elevations throughout the tract and within adjacent parcels to determine this risk of hydrologic trespass. Based on this information, on -site drainage is directed towards Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 9 Mitigation Plan — August 2012 Great Branch in the northern section and Brice Creek in the southern section. A total of fifty -eight (58) ditches have been identified and surveyed throughout the project area. All these ditches originate on site and convey water to collector canals that eventually drain either to the south and west or to the north. There are no perimeter ditches associated with the Bank site. In order to restore the natural hydrologic conditions throughout the site, an earthen plug will be installed near the outlet of each of these ditches (near the intersection with the main drainage canal). All plugs will be fifty (50) feet in length and will be constructed using fine material (e.g. clay loam to clay) to restrict flow. Larger, reinforced plugs (50 to 100 ft in length) will be installed in the collector canals. These plugs will be reinforced with filter fabric and riprap on both the up- gradient and down - gradient ends. Final elevations of the plugs will be set to allow for the reestablishment of characteristic wetland hydrology throughout the site during normal rainfall conditions. However, plugs within collector canals will have final elevations that will allow for emergency flows to exit the site in order minimize hydrologic trespass. Existing soil roads will be removed and disked. Source material for ditch and canal plugs will be principally derived from the existing road network. Material will be consolidated to effectively impede drainage. As a Based upon site - specific survey and the proposed consolidation of material near the outlet of each lateral ditch, portions of the roadside ditches will remain as open water habitat. Based upon estimated cut -fill volumes, approximately 60% of the existing roadside canals will be backfilled with the remaining portions consisting of open -water pools that will provide niche habitat for herpetofauna. Note that a small all- terrain vehicle (ATV) path (approximately 8- to 10 -ft wide) will be maintained for monitoring purposes. See Figure 8 for more information regarding the proposed grading activities. Prior to placing fill material in any of the existing ditches, a Nationwide Permit (NWP) #27 application will be prepared and submitted to NC Division of Water Quality and US Army Corps of Engineers. The NWP will authorize the placement of backfill and plugs within those ditches identified as jurisdictional Relatively Permanent Waters (RPWs). As total land disturbance will exceed one acre, a sediment and erosion control plan will also be filed with NC Division of Land Quality. The erosion control plan will include provisions for installation of check dams and silt fencing to prevent sedimentation of down - gradient waters during construction. Site - specific grading (including installation of the ditch plugs) will be initiated subsequent to receipt of applicable state and federal authorizations. As indicated above, earthwork will be completed during the latter part of the 2013 growing season to allow for the establishment of seedlings prior to hydrologic restoration of the site. Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 10 Mitigation Plan — August 2012 B. Non - Riparian Wetland Enhancement Wetland enhancement is targeted for approximately 163 acres of the project site (Figure 6). Enhancement areas consist of existing jurisdictional wetlands that have been affected by site drainage improvements. Since the entire site has been historically affected by block drainage (resulting drainage influences from three directions), enhancement is proposed within all the remaining jurisdictional wetlands. In an un- drained condition (pre- disturbance), these wetlands are seasonally saturated to seasonally inundated (for hardwood flats) and seasonally to semi - permanently inundated (for swamp forest). Uncharacteristically drier conditions are evidenced through the prevalence of facultative or drier volunteer species (such as horse - sugar, devils walking stick, and bracken fern). Lack of primary indicators of hydrology is also evidence of drainage influences. While these areas may meet jurisdictional criteria, they no longer exhibit characteristic hydroperiods of hardwood flat or swamp forest wetlands that would under normal (i.e. undisturbed) conditions be seasonally saturated to the surface and /or flooded. In addition, wetland enhancement will involve the re- establishment of characteristic wetland vegetation. These areas will be planted at the same density as the restoration areas. As a result, the former mono - culture loblolly pine stand will be restored to the target community types. VI. BANK OPERATION A. Bank Credit Determination and Use Use of credits from the Bank to offset wetland and stream impacts authorized by federal permits or state water quality certifications must be in compliance with the Clean Water Act, Section 404 (b)(1) guidelines and other applicable federal and state legislation, regulations, and policies. Prior to release of bank credits, the following requirements will be met: (1) approval of the final mitigation plan and execution of the instrument; (2) recordation of the conservation easement; and (3) establishment of appropriate financial assurances. Mitigation bank credits will be calculated using the following standard: Mitigation Type Ratio (1) Wetland Restoration 1:1 (2) Wetland Enhancement 2:1 Given the identified ratios for wetland restoration and enhancement, it is estimated that 554.5 non - riparian wetland credits will be derived from the establishment of the Brice Creek Wetland Mitigation Bank. Credit Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 11 Mitigation Plan — August 2012 types and amounts are specified within Table 2. Debiting and accounting procedures for the bank credits will be specified within the banking instrument to be executed by the Sponsor and IRT representatives. B. Bank Sponsor The Bank Sponsor, Weyerhaeuser NR Company, owns fee simple title to the bank property. Therefore, the Sponsor has control of all ditches affecting groundwater hydrology of the site. Since the restoration is premised on re- establishment of groundwater hydrology via removal of ditches, all water rights necessary for sustainability of the bank are secured through the fee simple ownership. Table 2. Credit Types and Amounts Mitigation Type Acreage Credits Non-Riparian Wetland Restoration 473 473 Non - Riparian Wetland Enhancement 163 81.5 Powerline Easement 9 N/A GRAND TOTAL 645 554.5 C. Bank Implementation and Schedule The Sponsor has submitted a banking instrument for review and approval by the IRT. The instrument provides detailed information regarding bank operation. Prior to execution of the banking instrument, the Sponsor will secure appropriate financial assurances (in the form of performance bonds, letter of credit, or similar instrument acceptable to the IRT) sufficient to assure completion of all mitigation work, required monitoring and reporting, and any remedial actions necessary for site success. Once the final mitigation plan is approved and the accompanying instrument executed by members of the IRT, the Sponsor will record a conservation easement for the bank site. Site work will be initiated with planting of the site during January and February of 2013. Implementation of earthwork will be initiated subsequent to receipt of applicable state and federal authorizations. Construction will be completed by the end of the first growing season (i.e. by November 30, 2013). Upon completion of construction, a survey of the project site will be conducted and an "as- built" report will be submitted (anticipated December 2013). Based upon this schedule of events, the first year of vegetation monitoring will be conducted in September 2013 and continue until 2019. Hydrologic monitoring will begin upon completion of earthwork and will continue through 2019. Tentative construction and planting dates are subject to change pending the timing of the final approval of the Mitigation Plan and execution of the banking instrument. Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 12 Mitigation Plan — August 2012 D. Geographic Service Area The Brice Creek Mitigation Bank site is located within the Middle Atlantic Coastal Plain ( Ecoregion 63) as defined by Griffith et al. (2002) "Ecoregions of North Carolina" (refer to Appendix A). This ecoregion encompasses the areas defined as the `Carolina Flatwoods' and `Nonriverine Swamps and Peatlands'. These areas commonly occur along nearly level, poorly drained areas in the outer Coastal Plain including the Lower Neuse River (Hydrologic Unit Code 03020204) and the Bogue -Core Sounds Unit (Hydrologic Unit Code 03020106). The Geographic Service Area (GSA) is the designated area wherein a bank can be reasonably be expected to provide appropriate compensation for impacts to similar wetland and /or other stream or aquatic functions. The site is located in an interstream divide between the Lower Neuse River and the Bogue -Core Sounds watershed — but is located within the Lower Neuse River Basin. As a result, the primary GSA will be the Lower Neuse HUC Unit (03020204) (refer to Figure 10). However, use of the Brice Creek Wetland Mitigation Bank for compensatory mitigation in adjacent HUCs will be permissible on a case -by -case determination. In particular, use of the Bank to offset wetland impacts occurring in the adjoining Bogue- Core Sounds HUC (03020106) may be appropriate in light of the following considerations: (1) the Bank site is located in close proximity to the adjoining HUC; (2) the Bogue -Core Sounds HUC is a coastal watershed unit lacking distinct boundaries and with portions of it draining to the Pamlico Sound (the same receiving waterbody as that of the Lower Neuse River); and (3) the adjoining HUC consists of similarly- situated wetland types providing the same water quality and habitat functions (thus use of Brice Creek Mitigation Bank would provide for the functional replacement of wetlands that are permitted to be impacted). The restored wetlands of the Bank site will provide for the re- establishment of functions typical for non - riparian wetlands of the Coastal Plain of North Carolina. These functions include: (1) nutrient removal /transformation; (2) surface water storage /floodflow attenuation; (3) sediment/pollutant capture and retention; (4) groundwater discharge and recharge; and (5) wildlife habitat. Use of the Brice Creek Wetland Mitigation Bank will provide for suitable replacement of functions of non - riparian wetland types commonly occurring throughout the GSA. Based upon the documented presence of similarly occurring wetland habitats outside of the designated GSA, the use of the Brice Creek Wetland Mitigation Bank for compensatory mitigation of impacts occurring beyond the defined limits of the GSA may be considered and approved provided it is deemed preferable to other mitigation alternatives identified during Section 404/401 permitting. Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 13 Mitigation Plan — August 2012 VII. POST- CONSTRUCTION MONITORING AND MANAGEMENT A. Non - Riparian Wetland Restoration Success Criteria Upon agency concurrence of the final wetland mitigation plan, mitigation site activities will be initiated. Staff environmental scientists will be present during project construction to ensure that the work is consistent with the proposed design. An `As- Built' survey will be prepared to document site conditions immediately post - construction. The `As- Built' survey will depict the location of permanent vegetation plots and installed hydrologic monitoring devices. The mitigation site will be monitored annually for a period of up to seven (7) years (or until such time deemed successful) whichever is longer, to document site development over time. Note that during the development of the banking instrument, the Sponsor will coordinate with the IRT for the final, accepted terms and duration of post- construction performance monitoring. The site will be evaluated based upon performance criteria related to vegetative density and wetland hydrology. The proposed primary success criteria for the mitigation bank are: (1) Demonstrated density of planted species to meet or exceed 210 trees per acre at the end of 7 years (post planting)'. (2) The hydrologic criterion is premised on the specific community type to be restored. (a) For the non - riverine wet hardwood forest community (mineral soils), the hydrologic criterion will be the establishment of a static water table at, or within, 12" of the soil surface for 6% of the growing season2 (equivalent to 18 days based upon a growing season from February 1 through November 30) during periods of normal rainfall. (b) For the non - riverine swamp forest community (organic soils), the hydrologic criterion will be the establishment of a static water table at, or within, 12" of the soil surface for 10% of the growing season2 (equivalent to 30 days based upon a growing season from February 1 through November 30) during periods of normal rainfall. Vegetation Monitoring: The vegetation monitoring protocol is based upon accepted methods used for other large -scale mitigation bank sites of North Carolina. Specifically, 2% of the wetland restoration area will be monitored via the establishment of permanent 0.10 -acre plots. This area includes areas currently managed 1 Preferred volunteer species can be counted toward the success criteria upon evaluation of site - specific conditions and concurrence by IRT members. 2 Growing season length based upon recent guidance from the USACE Wilmington District Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 14 Mitigation Plan — August 2012 for silvicultural resources, construction corridors, and removal of existing road beds. Given the proposed acreage, a total of ninety -four (94) plots will be established. GPS coordinates for the centers of each sampling plot will be recorded and included with the `as- built' survey and subsequent annual monitoring reports. During monitoring, surviving planted individuals and volunteer individuals will be enumerated within each plot. Height information will also be collected for each plot; however, there will be no specific success criterion related to stem heights. Vegetation monitoring will run throughout the length of the hydrologic monitoring for a minimum duration of seven years. Hydrology Monitoring: Shallow groundwater hydrology will be monitored via twenty -four (24) automated wells (RDS, Inc. WM -20s) located within the restoration areas. Wells will be installed in accordance with installation methods outlined in the Wetlands Regulatory Assistance Program (WRAP) Technical Note 00 -02 (Sprecher, 2000). Water levels will be recorded once daily. Data will be downloaded from the wells every three months (i.e. once quarterly). Data from well downloads will be compiled and graphically displayed to demonstrate hydroperiods of monitored areas. Three (3) soil temperature probes will be installed at the site to provide ancillary information on the start and end dates of the growing season. Based upon recent guidance from the Wilmington District COE, the 300 -day growing season (beginning February 1 and ending November 30 of each year) will be used for the purpose of evaluating groundwater hydrology data. Reference Sites: Hydrologic monitoring will also be conducted within the reference areas located within the Croatan National Forest (adjacent to the bank site). A total of six (6) wells will be installed prior to the initiation of construction activities. Water table data downloaded from these wells will be used to establish baseline conditions in the event of abnormal precipitation conditions within the monitoring period. Data will also be included in the AMR to allow for additional comparative analysis. B. Non - Riparian Wetland Enhancement Success Criteria A total of 163 acres of wet hardwood habitat has been targeted for wetland enhancement. These areas are located directly adjacent to those targeted for restoration in forested sections of the tract. Enhancement will be achieved via re- establishment of the characteristic groundwater hydrology. Natural hydroperiods have been compromised by the presence of forestry and roadside ditches in the vicinity of these forested blocks. Upon completion of the identified earthwork (e.g. removal of roadbeds and plugging of outlet ditches), these areas will exhibit hydroperiods more characteristic of relatively undisturbed non - riverine hardwood flat and non - riverine swamp forest wetlands. As a result, the hydrologic success criterion for these areas will be identical to the hardwood flat and swamp forest wetland restoration portion of the project: Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 15 Mitigation Plan — August 2012 (a) For the non - riverine wet hardwood forest community (mineral soils), the hydrologic criterion will be the establishment of a static water table at, or within, 12" of the soil surface for 6% of the growing season3 (equivalent to 18 days based upon a growing season from February 1 through November 30) during periods of normal rainfall. (b) For the non - riverine swamp forest community (organic soils), the hydrologic criterion will be the establishment of a static water table at, or within, 12" of the soil surface for 10% of the growing season3 (equivalent to 30 days based upon a growing season from February 1 through November 30) during periods of normal rainfall. In order to document the hydrologic enhancement, twelve (12) shallow automated wells (RDS, Inc. WM -20s) will be installed within the 163 -acre enhancement area. These wells will be installed in accordance with installation methods outlined in the Wetlands Regulatory Assistance Program (WRAP) Technical Note 00 -02 (Sprecher, 2000). Water levels will be recorded once daily. Data will be downloaded from the wells every three months (i.e. once quarterly). Data from well downloads will be compiled and graphically displayed to demonstrate hydroperiods of monitored areas. VIII. SITE MANAGEMENT A. Adaptive Management The Brice Creek Mitigation Bank is planned and designed to be self- sustaining over time, but some active management or maintenance may be necessary to ensure the long term sustainability of the mitigation efforts. The adaptive management approach involves analysis of monitoring results to identify potential problems occurring on the site and the identification and implementation of measures to rectify those problems. Remedial actions may include, but are not limited to, mechanized earth work (e.g. adjustment to the invert elevations of earthen plugs) or supplemental planting in the event areas do not meet vegetative success criteria. Prior to initiating any remedial actions the proposed measures will be submitted to the USACE for review and approval. Performance and functioning of the mitigation site may be affected by various causative factors, both natural and anthropogenic. Natural hazards may include invasive species and /or excessive herbivory. Human errors may include design flaws, construction deviation, and /or inadequate planting coverage. To minimize these potential problems, the following strategies may be employed: 3 Growing season length based upon recent guidance from the USACE Wilmington District. Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 16 Mitigation Plan — August 2012 1. If herbivory appears to be jeopardizing the survivorship of planted species, discussions with appropriate agencies will be initiated to determine an appropriate course of action. 2. Beavers will be trapped from the tract if significant damage appears to be caused by beaver activity. 3. Construction errors will be identified as early as possible via the as -built report. If it appears as those potential errors jeopardize the integrity of the project, appropriate remedial action will be identified and submitted to the USACE for concurrence prior to implementation. 4. Planting errors in spacing density or coverage will be minimized by careful coordination with planting crews. An account of planted stems will be provided with the as -built report. 5. If monitoring indicated a potential design flaw, remediation options will be reviewed. 6. In the event groundwater monitoring wells are damaged by bears, barb -wire fencing and /or other acceptable deterrents may be used to protect wells from further damage. B. Long -Term Management Land use and property boundaries along with the proposed mitigation plan were designed to minimize long term management conflicts. As a result, the potential for hydrologic and boundary conflicts have been minimized. The Sponsor has identified the North Carolina Coastal Land Trust (a 501 (c)3 entity) as the grantee of the conservation easement deed and long -term steward of the site. The recorded conservation easement deed will ensure the protection of the project in perpetuity. IX. CONCLUSION Detailed site investigations of the Brice Creek Mitigation Bank site indicate that significant acreage of former wetland habitat has either been degraded or removed entirely via historical silvicultural practices (i.e. drainage and conversion to loblolly pine stands). Based on these investigations a total of 636 acres are suitable for restoration and enhancement of wetlands (comprised of non - riverine wet hardwood flats and non - riverine swamp forest wetlands). Restoration efforts throughout the 636 -acre area will provide tangible benefits to water quality and habitat in a rapidly urbanizing watershed. Additional benefits will also be realized through increases in flood water retention and groundwater recharge rates. By providing wetland restoration credits prior to authorized impacts, overall disturbance and loss of function within the watershed are minimized. Furthermore, the proposed hardwood forest plantings will provide improved habitat for resident and migratory fauna. The site is particularly well- suited for Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 17 Mitigation Plan — August 2012 restoration due to the level of prior disturbance and its proximity to protected federal lands (i.e. Croatan National Forest). Preservation of the Brice Creek Mitigation Bank site will provide for significant habitat connectivity with these adjacent protected lands. Overall, the project has the potential to generate ecological benefits on both a local watershed and regional level. Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 18 Mitigation Plan — August 2012 X. SOURCES OF INFORMATION North Carolina Division of Water Quality. 2006. Classifications and Water Quality Standards Applicable to Surface Water and Wetlands of North Carolina. Raleigh, NC. North Carolina Wetland Functional Assessment Team (WFAT). 2010. N.C. Wetland Assessment Method (NC WAM) User Manual, Version 4.1 (October 2010). 127 pp. Schafale, M.P. 2008. Nonriverine Wet Hardwood Forests in North Carolina: Status and Trends. NC Natural Heritage Program. Raleigh, N.C. 15 pp. Schafale, M.P. and A.S. Weakely. 1990. Classification of the Natural Communities of North Carolina. Third Approximation. N.C. Natural Heritage Program , Raleigh, N.C. Sprecher, S. W. (2000). "Installing Monitoring Wells /Piezometers in Wetlands," ERDC TN- WRAP- 00 -02, U.S. Army Research and Development Center, Vicksburg, MS. US Census Bureau. 2009. http: / /www.census.gov/ compendia /statab /cats/population.htm1. Accessed on October 15, 2009. Brice Creek Wetland Mitigation Bank (Craven County, North Carolina) 19 Mitigation Plan — August 2012 O I.� --- — FA 12 ud Flanner Beach e 4e Ver "I y > �l 9 S' nes MgGN p(I-0 / RD SITE Gro FR 60 7.. 70 f �v RIDGE , on 'NESS M CG 1 CHaATAN GL N W E S SITE *Boundaries are approximate and are SCALE 1" = 1 Mile not meant to be absolute. Map Source: North Carolina Atlas & Gazetteer. Pg 78. 2006 Brice Creek Wetland Mitigation Bank Figure 1 Craven County, NC LMG LAND MANAGEMENT GROUP INC. Vicinity icinity Map 01 -07 -098 fnnvlronmen[al Consultants �J X71 I '•�,� . Y 4�f { _ -._ —�57' 3 A r- ��4, _ .} ,aYxx - s" N W E S *Boundaries are approximate and are --' SITE SCALE 1" = 3,000' not meant to be absolute. Map Source: Catfish Lake (1994) and Havelock (1994) Quadrangle 7.5 minute (topographic) Brice Creek Wetland Mitigation Bank Craven County, NC 01 -07 -098 LMG LAND MANAGEMENT GROUP. - fnnOronmental Consultants Figure 2 USGS Topgraphic Map Ir_ - ,aYxx - s" N W E S *Boundaries are approximate and are --' SITE SCALE 1" = 3,000' not meant to be absolute. Map Source: Catfish Lake (1994) and Havelock (1994) Quadrangle 7.5 minute (topographic) Brice Creek Wetland Mitigation Bank Craven County, NC 01 -07 -098 LMG LAND MANAGEMENT GROUP. - fnnOronmental Consultants Figure 2 USGS Topgraphic Map *Boundaries are approximate ano are not meant to be absolute. Map Source: Catfish Lake (1994) and Havelock (1994) Quadrangle 7.5 minute (topographic) Brice Creek Wetland Mitigation Bank Craven County, NC 01 -07 -098 LMG LAND MANAGEMENT GROUP. - fnnOronmental Consultants N W E S SCALE 1" = 1,200' Figure 3 LIDAR Data Soils Ba CrB CT GoA La Le Ly MM NoB On Pa Ra To Bayboro mucky loam Craven silt loam, 1 to 4 percent slopes Croatan muck Goldsboro loamy fine sand, 0 to 2 percent slopes Leaf silt loam Lenoir silt loam Lynchburg fine sandy loam Masontown mucky fine sandy loam and Muckalee sandy loam, frequently flooded Norfolk loamy fine sand, 2 to 6 percent slopes Onslow loamy sand Pantego loam Rains fine sandy loam Torhunta fine sandy loam *Boundaries are approximate and are not meant to be absolute. Brice Creek Wetland Mitigation Bank Craven County, NC 01 -07 -098 LMG LAND MANAGEMENT GROUP INC. Environmental Consultants 1 �1 SCALE 1" = 2,000' Map Source: NRCS Soil Survey. Figure 4 USDA -NRCS Soils Map *Boundaries are approximate ano are not meant to be absolute. Map Source: 1998 NAPP aerial photography Brice Creek Wetland Mitigation Bank Craven County, NC 01 -07 -098 rE LMG LAND MANAGEMENT GROUP. - fnnOronmental Consultants .1 1� SCALE 1" = 2,000' Figure 5 Aerial Photograph r ' LEGEND r r , PROJECT BOUNDARY - 645 AC. EXISTING DITCH NETWORK ® RESTORATION - 473 AC. ENHANCEMENT - 163 AC. "- ;.�Y POWERLINE EASEMENT - 9 AC. -\ f s- � -r t J/j tJ�lJ; I r, t � I,4 t l 'l,. ` �• ,'l �r f t: .I 0, THIS MAP IS BASED ON ORIGIANL Q�v��PP DRAWINGS AND /OR SURVEY INFORMATION FROM: Bell and Phillips Surveying, PLLC. 604E Cedar Point Blvd. Cedar Point, N.C. (252)393 -6101. NOTE: This Is Not An Engineered, Survey, or Architectural Drawing. /'+ Project: Date: Revision Date: LMG Brice Creek Mitigation Bank September 2009 3/2/2012 LAND MANAGEMENT GROUP— applicant. Scale: Job Number: 0 200 400 800 1,600 a ^vr, ^ ^me ^r�rco ^ :m, ^ ^r, Applicant: 1" =800' WEYCO 01 -07 098 Post Office Box 2522 Title: Drawn By: Wilmington, North Carolina 28402 Restoration Plan CBM Figure Telephone:910- 452 -0001 LAWETLANDS\2007 WETLANDS FILES\01-07-098 --- Craven35Mitigation,McLendon\ACAD\Fig6-Craven35-restorationplan-rev.dwg LEGEND PROJECT BOUNDARY EXISTING DITCH NETW01 EXISTING GROUND ELEF MONITORING WELL LOCA; 1 600 THIS MAP IS BASED ON ORIGIANL DRAWINGS AND /OR SURVEY INFORMATION FROM: Bell and Phillips Surveying, PLLC. 604E Cedar Point Blvd. Cedar Point, N.C. (252)393 -6101. DOTE: This Is Not An Engineered, Survey, or Architectural Drawing. LEGEND �- 0 PROJECT BOUNDARY - 645 AC. of- EXISTING DITCH NETWORK DITCH PLUGS RUN OF GREAT BRAN 50' -100' REINFORCED DITCH PLUGS ® ROAD REMOVAL /DITCH BACKFILL 0 268 SO • LY -229 +24.9 L +216 +22.5 +22.1 ° 299+ tD'_26.5t-8 +01 -25.7 27.9 27.2 Roads de,\\ 26.3 272 + Ditch 2R6+ q +29.6 I +29.8 +20.1 0123.5 Tic -22.5+ 111-24. o 1 -212 DI-22.9 tt - ?4+27J 01 -24.5 27.4 t2 +27.8 V-24.7 R ' +27.1 \sf\9 + tt -232 24.9 28.2 `loa. ++ '{28,dno � +27.4 -25.18 +2R8 ? j +20.6 24a +2p 1 p- K CKIN A 0 -250 +27.5 IX -may. D1 -22 3�' +2R8 DI -24. 27.1 A'- 251 0!° +293 IX IX -25J +2R.1 � +27.5 Roadsid + J +29.1 -25.0 27.J Ditch 28.4 29.1 4.2 oadside Ditch w 2s 212 a -a4. r a -zsa crmz4. tt -25.6 29.1 cv -25 -26.4 28.6 28.5 G.- 2J' -T3.1 +29.2 +29.I 7 Le =25.2 29. Roadside 28 2"+ a -257 Ditch 1 -24.1 J 29.0 ° 01-275 DI 27 ° 01 -27. tt-z7 tt -27a r ° ra-v.7 z�Y y .7 29.0 z� / i.7 01 -27.7 \ 29.3 +JR4 +JR1 +JR2 KICKIN MACHINE RB. (PRIVATE LOGGING ^• 26.4 '. 16.0 2&1 a5.0 _ 25.0 X29.8 _. 259 __ 254 • -28.0 1 Ta.7 -. u.r - •�° m ',. _T4.2 "., 229 29. 29. 6-26.1 .2 2- R adsid -as.8 DI-24.6 itch 29.5 29.7 tt 22.t z1s D1-26.9 a as.7 Dr-zz9 25.9 13 27.8 + 27.5 29.0 29.1 DI-25, DI-25, 24.9 � -aa.s i zzs 24.2 Dr -221 DI-24.1 D,.24.5 07-25.0 M-�5 5 O1 -27.1 DI-2 &4 Of -27.0 X25.9 «t RD,) C1^ -* -rev 2 7WQ_ DI-26._1 +JR11 +29.5 } 0I -26.7 +20.0 4+® 0 o fur. DI-26.8 -26.2 -25.8 '-25,2 =25.2 0f -28.2 IN-25.3 LY -28.7 30.4 30.0 01 =28.4 01 -276 Df -27.5 0 +3Q2 0 200400 Soo 1,600 Existing ground elevation 6' Impervious Plug 4' 1.00 Typical Cross - Section 50' Plug NTS 0.50 0.25 Existing ground elevation Filter fabric on top of plug, (topped with -0.50' of rip rap). 7' Impervious Plug �- 5.00 -I 1.00 Typical Cross - Section 50' -100' Reinforced Plug NTS Cut and fill grades will vary across length of roads. 38 38 36 36 34 Existing Grad 34 32 32 30 30 28 28 26 26 24 24 0 +00 0 +25 0 +50 0 +75 1 +00 1 +25 Proposed Grade Typical Cross Section Road Grading (hatch) and Roadside Ditch Fill (cross hatch) NTS NOTES: Material taken from dirt roads will be used to backfill roadside ditches. Ditches will be filled to the maximum extent practicable with available road material. Former roads will continue to provide ATV / 4 wheeler access. This is not an engineered, survey, or architectural drawing. Project: Date: Revision Date: LMG Brice Creek Mitigation Bank 4/6/2012 4/16/2012 LArmAIAN413EME T131'MIT Applicant Scale: Job Number: try „�rroe "�rr, ",wmn.: WEYCO 1" -800' 01 -07 -098 Post Office Box 2522 Title: Drawn By: Wilmington, North Carolina 28402 Grading Plan LES FlgUre 8 Telephone: 910 -452 -0001 F O m D n v C1 y `n o � D y W 17 � 3 y INN 3 I I T � t y���� � � n A m o y o d � J � o 3 Z 0 Z 2 p O D 0 0 0 0 0 0 0 y .3•Z1 D 0 0 0 0 0 0 O A D o o n r �1 v si m m tj 3 �� � ti ;;wwww� y tit, O O 0 0 0 0 0 0 O ry a C � O O O O O O ry Q b bo GO b J ' o b y y o 'y Q 3 (O AO 0 a 0 3 t Q O D D t7 �1 W W t7 Q U1 Q CDW Q Q ZE W O O I� Z N 0 s� m tlr g Z e s Aa) ng Z °001nNi c° D a CD CD c• a 00 v d � CD m '• '� 2 m 0 j o m o m D � n s m v vi v rd eo o too n`.4 3 3 II O :. O No C. ms A W m N - OZ ID fNT W � N fA gym >>> TI Z W fO�' c way OOo Zp _ o c w p N w_ -° Z T N o p p Z �Q p, �n�� x::171 iw Q !•YA W co 00 p O m D n v C1 y o o � G7 �� � y W 17 � 3 y 3 °' 3 ° � 3 T � y� y���� � � n A m o y o d � � o 3 Z 0 Z 2 p O D 0 0 0 0 0 0 0 0 .3•Z1 D 0 0 0 0 0 0 0 A o o n r v si m m 3 �� � " o 0000000 ;;wwww� O O 0 0 0 0 0 0 O ry a C � O O O O O O ry Q °. WAYNE II PITT 03020104 L i intl - 03020202 BEAUFORT 03020105 LENOIR Dav or CRAVEN - 17 C; ty 70 Nk� 03030007 JONES Q3030001 DUPLIN 01NSLOW PENDER ;.Af, 7pida a HYDE PAMLICO Dcr F,l ti w 911,11 A irp oi :11 tpnflGc CARTERET SITE I IDD i:hefrry Poi nt Mca,& H LJCK 03020106 + Appendix A. Ecoregion Map Ecoregions of North Carolina 84' 83° 82° 81° 8o° 79° 78° 77° 76°�}� L 66 s 45 ^ 65 _ 63 A'7i�1 69 Lake 63e s 63d 6 m vos �� caDO a �3b 63e 36° � - f 4 Winst 45f 6M ARta SOUND 63 � � _ 36° -- / b - - -- -� - 66 66i 66 t L Mo � let l "ei � uarew<. � x�nae� � 63e � 66i ,/ 45b 45c _ 66 s evr 66 -- eenvil �- 45e - L -- b 163e R _ 5 m - g I A6 c ou C o S rnmcr 6 g66d — Cha tt -_ 63g 35° 6 \�6d > 65c,�'� -�.' _ 6� 66 _1 Lake i Fayet� 1 e %� 35° �� `•. Green a e I V 45 � � 65 ' ./ -- 66 .�� - -- - - - - -- 1 — — �D 3 63h - _ s SITE 651 45 65p �3n a A T L A N T I C 4 �� I _ - - 65 `� A\� wit ' gton C C E A N i 63 34° _ 1L �- / —\ ens _> / -� 34° � umbia 63 LONG BAY Beach 84° 83° 82° 81° so° 79° 78° 77° 76° 45 Piedmont 65 Southeastern Plains Ecoregions denote areas of general similarity in ecosystems and in D 45a Southern Inner Piedmont 0 65c Sand Hills the type, quality, and quantity of environmental resources. They are designed to serve as a spatial framework for the research, D 45b Southern Outer Piedmont M 651 Atlantic Southern Loam Plains Level III ecoregion assessment, management, and monitoring of ecosystems and D 45c Carolina Slate Belt 65m Rolling Coastal Plain Level IV ecoregion ecosystem components. The approach used to compile this map is D 45e Northern Inner Piedmont M 65p Southeastern Floodplains and Low Terraces County boundary based on the premise that ecological regions can be identified 0 45f Northern Outer Piedmont 66 Blue Ridge - - - -- State boundary through the analysis of the patterns of biotic and abiotic 0 45g Triassic Basins 0 66c New River Plateau phenomena that reflect differences in ecosystem quality and 0 45i Kings Mountain integrity. These phenomena include geology, physiography, D 66d Southern Crystalline Ridges and Mountains vegetation, climate, soils, land use, wildlife, and hydrology. The 63 Middle Atlantic Coastal Plain D 66e Southern Sedimentary Ridges relative importance of each characteristic varies from one D 63b Chesapeake - Pamlico Lowlands and Tidal Marshes 0 66g Southern Metasedimentary Mountains ecological region to another regardless of the hierarchical level. 63c Nonriverine Swamps and Peatlands 66i High Mountains o s o o m; The Ecoregions of North Carolina map was compiled at a scale of 15 D 63d Virginian Barrier Islands and Coastal Marshes 66j Broad Basins 1:250,000. Compilation of this map is part of a collaborative 30 20 to o 60 project primarily between the US EPA, USDA -NRCS, NC DENR, D 63e Mid - Atlantic Flatwoods 66k Amphibolite Mountains Aloe s Equal Area Proje fi as well as with other state and federal agencies. Comments and on 63g Carolinian Barrier Islands and Coastal Marshes 661 Eastern Blue Ridge Foothills suggestions regarding this map should be addressed to Glenn D 63h Carolina Flatwoods 66m Sauratown Mountains Griffith, USDA -NRCS, 200 SW 35th Street, Corvallis, OR 97333, 63n Mid - Atlantic Floodplains and Low Terraces (541) 754 -4465, email: griffith.glenn @epa.gov, or to James Omernik, U.S. EPA - NHEERL, 200 SW 35th Street, Corvallis, OR97333, (541)754 -4458, email: omernik.james @epa.gov. Appendix B. Soil Boring Logs Craven 3 5 Wetland Mitigation Study Detailed Soil Profile Descriptions July 10, 2009 Boring 1 0 -1% A — 0 -7" Sandy Loam, granular, friable slightly sticky non plastic, 10YR 3/1. Btg — 7 -35" Clay, weak coarse subangular blocky, friable very sticky very plastic, IOYR 5/1 with IOYR 5/8 mottles. BCg — 35 -41" Sandy Clay, Massive parting to weak coarse subangular blocky, friable moderately sticky moderately plastic, 10YR 7/2 with 10YR 5/8 mottles. Cg — 41 -48" Sandy Loam, massive friable slightly sticky non plastic, 10YR 7/1 with IOYR 5/6 mottles. Physical Water: 30" Vegetation: Clear Cut Soil Series: Drained Bayboro Series NRCS Map Unit: Pantego Boring 2 0 -1% A — 0 -17" Loam, granular, friable slightly sticky non plastic, IOYR 3/1. Btg — 17 -44" Clay Loam, weak coarse subangular blocky, friable moderately sticky moderately plastic, IOYR 5/1 with IOYR 5/6 mottles. BCg — 44 -48" Clay Loam, Massive parting to weak coarse subangular blocky, moderately sticky moderately plastic, 10YR 7/2 with 10YR 5/6 mottles. Physical Water: 16" Vegetation: Clear Cut Soil Series: Drained Bayboro Series NRCS Map Unit: Leaf Boring 3 0 -1% A — 0 -10" Sandy Loam, granular, friable slightly sticky non plastic, IOYR 3/1. BtgI — 10 -31" Clay, weak coarse subangular blocky, friable very sticky very plastic, 10YR 4/1 with 10YR 5/6 mottles. Btg2 — 31 -48" Clay Loam, weak coarse subangular blocky, moderately sticky moderately plastic, IOYR 7/2 with IOYR 5/8 and 6/5G mottles. Physical Water: 20" Vegetation: Clear Cut Soil Series: Drained Bayboro Series NRCS Map Unit: Bayboro Boring 4 0 -1% A — 0 -9" Sandy Loam, granular, friable slightly sticky non plastic, 10YR 3/1. BtgI — 9 -24" Clay, weak coarse subangular blocky, friable very sticky very plastic, IOYR 5/1. Btg2 — 24 -32" Clay Loam, weak coarse subangular blocky, moderately sticky moderately plastic, 10YR 7/2 with 10YR 5/6 mottles. BCg — 32 -48" Clay Loam, Massive parting to weak coarse subangular blocky, moderately sticky moderately plastic, IOYR 7/2 with IOYR 5/8 and 6/5G mottles. Physical Water: NA Vegetation: Loblolly Pine Stand Soil Series: Drained Bayboro Series NRCS Map Unit: Bayboro Boring 5 0 -1% A — 0 -5" Loamy Sand, granular friable non sticky non plastic, 10YR 3/1. AB — 5 -18" Sandy Loam, granular, friable slightly sticky non plastic, 10YR 4/2. Btgl — 18 -25" Sandy Clay Loam, weak coarse subangular blocky friable slightly sticky slightly plastic, IOYR 5/1 with IOYR 5/6 mottles. Btg2 — 25 -48" Clay Loam, weak coarse subangular blocky friable moderately sticky slightly plastic, 10YR 6/1 with 10YR 5/8 mottles. Physical Water: 15" Vegetation: Clear Cut Soil Series: Drained Rains NRCS Map Unit: Rains Boring 6 0 -1% AB — 0 -16" Sandy Loam granular, friable slightly sticky non plastic, 10YR 3/1 BtgI — 16 -31" Sandy Clay Loam, weak coarse subangular blocky friable slightly sticky slightly plastic, IOYR 5/2. Btg2 — 31 -48" Clay Loam, weak coarse subangular blocky friable moderately sticky slightly plastic, IOYR 6/2. Physical Water: 30" Vegetation: Clear Cut Soil Series: Drained Rains NRCS Map Unit: Rains Boring 7 0 -1% A — 0 -12" Sandy loam, granular, friable slightly sticky non plastic, IOYR 3/1. BtgI — 12 -30" Clay, weak coarse subangular blocky firm, very sticky very plastic, 10YR 5/1 with 10YR 5/6 mottles. Btg2 - 30 -48" Clay, weak coarse subangular blocky firm, very sticky very plastic, IOYR 6/1 with IOYR 5/8 and 6/5G mottles. Physical Water: 32" Vegetation: Clear Cut Soil Series: Drained Bayboro NRCS Map Unit: Pantego Boring 8 0 -1% A — 0 -15" Sandy loam, granular, friable slightly sticky non plastic, 10YR 3/1. BtgI — 15 -35" Clay, weak coarse subangular blocky firm, very sticky very plastic, 10YR 5/1 with 7.5YR 5/8 mottles. Btg2 — 35 -48" Sandy Clay Loam with pockets of Sandy Loam along ped faces, weak coarse subangular blocky friable slightly sticky slightly plastic, IOYR 7/1 with IOYR 5/8 and 7.5YR 5/8 mottles. Physical Water: 34" Vegetation: Clear Cut Soil Series: Drained Bayboro NRCS Map Unit: Pantego Boring 9 0 -1% A — 0 -11" Sandy loam, granular, friable slightly sticky non plastic, 10YR 3/1. BtgI — 11 -25" Clay, weak coarse subangular blocky firm, very sticky very plastic, IOYR 5/1 with 10YR 5/6 mottles. Btg2 — 25 -48" Sandy Clay, weak coarse subangular blocky, friable moderately sticky moderately plastic, 6/1 with IOYR 5/8 mottles. Physical Water: 26" Vegetation: Clear Cut Soil Series: Drained Bayboro NRCS Map Unit: Bayboro Boring 10 0 -1% A — 0 -6" Loamy Sand, granular friable non sticky non plastic, 10YR 3/1. Eg — 6 -12" Loamy Sand, granular, friable non sticky non plastic, 10YR 6/2 with 10YR 5/6 mottles. Btgl — 12 -19" Sandy Clay Loam, weak medium subangular blocky friable slightly sticky slightly plastic, 10YR 6/2 with 10YR 5/8 mottles. Btg2 — 19 -35" Clay Loam, weak coarse subangular blocky friable moderately sticky moderately plastic, 10YR 7/1 with 10YR 5/8 mottles. BCg — Sandy Clay Loam, Massive parting to weak coarse subangular blocky friable moderately sticky slightly plastic, IOYR 7/1 with IOYR 5/6 mottles. Physical Water: 25" Vegetation: Clear Cut Soil Series: Raines NRCS Map Unit: Leaf N Soil Boring Locations Brice Creek Wetland Mitigation Bank Craven County ^�LMG 1,200 L Y A 00 LAND MANAGEMENT GROUP. - L Environmental Consultants ft Appendix C. Wetland Delineation and Jurisdictional Determination Brice Creek Wetland Mitigation Bank Craven County, NC Wetland Delineation — Summary of Findings I. Introduction The following is a summary of findings for site investigations conducted on the proposed Brice Creek Wetland Mitigation Bank site (aka Craven 35) owned by Weyerhaeuser Company. The site is located south of US Highway 70 in Craven County, NC. It is bordered to the south and west by a tributary of Brice Creek. Please refer to the Mitigation Plan September 2010 for more detailed site information. In April 2009, Land Management Group, Inc. (LMG) received an Evaluation Letter from your office authorizing the preparation of the Banking Instrument and Mitigation Plan for the proposed project. On July 8th, 2009, additional information pertaining to the limits of jurisdictional wetlands was requested by your office. LMG has conducted site evaluations over the course of 3 years and over varying antecedent rainfall conditions. The following is a summary of the body of information that have been used to determine the limits of jurisdictional wetlands. Supporting maps, data points, hydrographs, and DrainMod results are incorporated for reference. Based on the information provided below and subsequent site review by the USACE, the limits of jurisdictional wetlands and waters have been confirmed for the bank site. II. Site Conditions A. General Tract Information Refer to the Restoration Plan for the enclosed site location map (Figure 1), USGS topographic quadrangle (Figure 2), LIDAR 2 foot contour data (Figure 3), and the Craven County Soil Survey map (Figure 4) for general site information. A 1998 infra -red aerial photograph of the site (Figure 5) is also enclosed for reference. The proposed mitigation bank site (approximately 645 acres) consists predominantly of former headwater wetlands that drain to Great Branch (a first -order tributary of the Trent River), Tucker Creek (a first -order tributary of the Neuse River), and the East Prong (a first -order tributary of the Trent River). Non - riparian wetlands have been historically ditched and managed on the tract for silvicultural production. Flow is diverted into the East Prong that drains to Brice Creek and subsequently into the Trent and Neuse Rivers. The site consists entirely of hydric soils characteristic of broad interstream flats of the outer Coastal Plain. Representative mapped soil units include Bayboro mucky loam, Pantego fine sandy loam, Rains fine sandy loam, and Leaf silt loam. These series are poorly drained to very poorly drained soils characteristic of non - riparian wetlands of nearly level, broad interstream areas. Elevations of the tract range between 24 and 30 ft above Mean Sea Level (MSL). The site has been converted to a monoculture loblolly pine plantation. As such, the dominant canopy species is loblolly pine (Pinus taeda) (currently in different stages of stand management). Understory vegetation is comprised of wax myrtle (Morella cerifera), red bay (Persea palustris), and saplings of sweet gum (Liquidambar sytraciflua) and red maple (Acer rubrum). Areas influenced by site drainage consist of non- characteristic species indicative of drier conditions. These include black cherry (Prunus serotina), water oak (Quercus nigra), yellow jasmine (Gelsimium sempervirens), horse sugar (Symplocos tinctoria), bracken fern (Pteridium aquilinum), and dog fennel (Eupatorium capillifolium). B. Ditch Network Open ditching on approximate 330 -ft spacing for timber management has significantly influenced site hydrology. The installation of ditches was initiated some time before 1974 (ditches are visible on the 1974 aerial of the county soil survey). Staff from Weyerhaeuser Timberlands Section reports that ditching of the Craven 35 tract began in the late 1960's or early 1970's. Please refer to Figure 2 and Figure 3 depicting the extent of the drainage network in 1974 and 1981, respectively. The drainage network (see Figure 7 of Restoration Plan) serves to lower groundwater tables and intercept surface water. The established 330 -ft pattern drainage is typically used by timber companies to effectively lower groundwater and increase the site index for loblolly pine. LMG staff collected detailed information for each of the lateral ditches and collector canals located on the site. The ditch evaluation included an assessment of the ditch geometry, observed water depth within the ditch /canal, and observed indicators of Ordinary High Water Mark (OHWM). While ditch depths and widths vary across the site, the smallest ditches (3 -ft deep by 4 -ft wide) occur on the northern portion of the tract. Generally, the lateral ditches throughout much of the property are 4- to 5 -ft deep and 6- to 8 -ft wide. Of the 52 lateral ditches evaluated, 50 have indicators of OHWM and are thus considered relatively permanent waters (jurisdictional RPW). OHWM indicators included deposition, shelving, impression on banks, and change in plant community. The roadside collector canals vary in size. In general, these features are 5- to 8 -ft deep and 10- to 14 -ft wide. The collector canals exhibited indicators of OHWM and are thus considered to be jurisdictional RPWs. With the exception of one ditch (located south of the power line easement and west of `Kickin Machine Road'), water within the laterals was less than 6 inches during the evaluation (July 10, 2009). Note that antecedent rainfall conditions for the site evaluation were above normal using both the rolling 30 -day sum and the 90 -day weighted sum methods (see below). Water depths within the collector canals ranged between 10 and 18 inches during the same site visit. Refer to the attached map (Figure 1) depicting the location of the jurisdictional RPW's and the non jurisdictional ditches on the site. C. Data Points As indicated, LMG has had the opportunity to evaluate the site over a range of antecedent rainfall conditions. The basis for the delineation is premised on observed field indicators as documented on the attached Wetland Determination Data Forms (Atlantic and Gulf Coastal Plain Regions). These data points were collected in fifteen locations across the site on January 8, May 6, and July 10 (2009). Refer to Figure 1 for a map of the data point locations. In accordance with ERDC /EL TR- 08 -30, rainfall of the three -month period prior to the site visits was evaluated and compared to the 30 -year long -term climatic data to determine if the 90 -day antecedent period was normal, wet, or dry. Precipitation in the 90 -day periods prior to January 1, May 6, and July 10 was normal, dry, and wet, respectively. All data point locations exhibited conditions satisfying the hydrophytic vegetation criterion (i.e. dominance test > 50 %). However, it should be noted that the vegetative composition tended to be dominated by FAC species (with few characteristic FACW species occurring on the property). As indicated above, the site consists entirely of hydric soils. The hydric soil criterion was met at all data point locations through the presence of a depleted matrix (F3) and /or depleted horizon below a dark surface (A11). Please refer to attached data forms (Attachment A). Many of the data point locations did not exhibit indicators of wetland hydrology even during normal precipitation and during the time of year typically considered to be wetter (i.e. January). Generally, observations of the site suggest that areas located greater than 150 ft from a lateral drainage ditch tended to exhibit wetter conditions (i.e. water table within 12 inches of the soil surface). This is particularly evident in the northern portion of the tract (located north of the power line easement). Drainage in this area appears to be more restrictive and water tables were typically higher over repeated site visits. Conversely, the area south of the power line easement near the turn of `Kickin Machine Road' consists of slightly better drained soils. In this location, both observed water tables and recorded groundwater levels (via RDS WM -40 monitoring wells) indicate drier conditions. III. Groundwater Monitoring Thirty -two (32) groundwater monitoring wells were installed on -site in February 2007. Wells were installed in various areas of the tract to determine groundwater levels across the site (refer to Figure 1). Many of the wells were installed within the interior portions of blocks to provide an indication of the extent of the drainage influence exerted by ditches located on either side of the forestry block. Over 2 '/2 years of data has since been collected on the site. The longer duration of the well monitoring has allowed for an evaluation of shallow groundwater hydrology over a range of precipitation conditions. For the purpose of the data analysis, the threshold for wetland hydrology is 12 consecutive days (equivalent to 5% of the growing season) of flooding, ponding, or water table within 12 inches of the soil surface during normal or abnormally dry conditions. The growing season as identified by both WETS 30 -year long -term climatic data and SCS data for Craven County (NC) is 240 days (March 18 to November 15). Analysis of well data over a range of conditions (particularly during normal and above normal rainfall periods) can provide valuable supporting documentation of shallow groundwater response in an area influenced by site drainage (i.e. ditches). The hydrologic graphs (on attached CD) depict continuous groundwater levels over the course of the 2 '/2 year monitoring period. As illustrated on the attached graphs, wells 4 1, 2, 3, 5, 6, 8, 9, 10, 11, 12, 13, 14, 15, 16, 19, 20, 21, 26, 31, and 32 remain within the upper 12 inches of the soil surface for periods greater than 12 days during normal rainfall conditions. Wells 4 4, 7, 17, 18, 22, 23, 24, 25, 27, 28, 29, and 30 exhibit more rapid discharge and do not exhibit wetland hydrology. This information is provided as supporting documentation of conditions of the site and is not intended to be relied upon solely for the jurisdictional determination. IV. DrainMod A. Summary of Initial Submittal with Bank Prospectus Hydrologic monitoring of the property was initiated in February 2007 (see above). Preliminary DramMod results for four (4) wells (in locations representing each of the major soil units within the project area) were submitted with the original bank prospectus. Wells were generally sited within the middle of each forestry block (mid -point between two lateral drainage ditches). Each of the DramMod model runs was configured using a three month (March — May) dataset. Antecedent (30 -day running totals) rainfall totals during this period were variable, with periods of normal, wet, and dry conditions. Calibrations were then used to model water table levels over a 30 -year period (1959- 1989). In each of these years, DrainMod calculated the number of consecutive days where water tables were within 12 inches of the soil surface between April 6h and October 28th. The wetland hydrology criterion was met when levels remained within 12 inches of the soil surface for a period of fourteen (14) consecutive days during this period. Each of the wells failed to meet this criterion for a sufficient number of years to be considered jurisdictional wetlands. As these wells were spaced between 120 ft to 380 ft from a lateral ditch, a lateral drainage effect of 150 ft was proposed for each of the ditches on the property. Note that the same 150 -ft offset was applied to the larger collector canals (5- to 8 -ft deep). B. Additional Modeling Several of the initial calibrations were re- evaluated in August 2009 using additional data from the ongoing study. The calibration period was extended from 6 months, utilizing data from November 2007 to April 2008. This extended calibration period is considered sufficient to more accurately model the existing hydrology of the site (Skaggs, pers. comm.). The extended data set also provides a normal range of values, with approximately 75% of the period falling within the published WETS table ranges. The normal rainfall period also extended into the early growing season which is typically viewed as the critical assessment point for wetland hydrology assessment. The updated calibrations were then used to model water table levels over a 40 -year period (1950- 1990). In each of these years, DrainMod calculated the number of consecutive days where water tables were within 12 inches of the soil surface between April 6th and October 28th. Results from the updated calibration showed an increase in the number of years meeting the wetland hydrology criterion (from that previously identified in the bank prospectus). For example, model results for Well 5 met the criteria for 37 of the 40 years (92 %) compared to 9 of the 30 years (30 %) in the initial assessment. Results from the updated DramMod study do not support the uniform 150 -ft offset that was applied to the site design presented in the bank prospectus. The predicted lateral drainage influence for the lateral ditches is likely to be less. However, a larger offset for the collector canals is appropriate. This trend is illustrated by comparing results for Well 25 and Well 31. These wells were located in Bayboro soils at similar distances from lateral drainage ditches (175 ft and 190 ft respectively) of similar depth. Well 25 met the wetland hydrology criteria in 7 out of 40 years, while Well 31 met the criteria in 27 out of 40 years. This difference is attributed to the additional drainage effect exerted by the collector canal on Well 25 (located approximately 250 ft to the south of the canal). In contrast, the nearest collector canal to Well 31 is located 350 ft to the east. Specific configuration data and model results for Well 5, 25, and 31 are provided as Attachment B to this report. V. Summary: Collectively, the information gathered from various resources (including NRCS documents and personal communications, historical aerial imagery, on -site field evaluations, well data, and DrainMod analysis) indicate that the subject property has been subject to long -term drainage impacts associated with timber management practices initiated in the early 1970s and regularly maintained through 2008. The historical excavation of lateral ditches and collector canals has effectively removed wetland hydrology in the adjoining areas. This is evidenced by the lack of primary indicators of hydrology occurring in these areas as well as drainage analysis using DramMod computer modeling (accounting for long -term climatic conditions). The wetland hydrology tools utilized indicate an effective lateral drainage distance range of 100 ft to 150 ft for the interior lateral ditches and 250 ft to 300 ft for the larger collector canals. Utilizing this information and field indicators, LMG has identified a wetland boundary that reflects these findings and is in accordance with the criteria set forth in the 1987 Corps of Engineers Wetland Delineation Manual and 2008 Atlantic and Gulf Coast Regional Supplement. The proposed limits of existing wetlands are depicted in Figure 1. In addition, LMG staff met with Raleigh Bland and William Wescott of the USACE Washington (NC) Regulatory Field Office on 4/6/2010 in order to review the limits of existing wetlands as depicted in Figure 1. Based upon precipitation graphs created from WETS tables, the site was shown to be in a period of "normal rainfall" during this site visit. An evaluation of field indicators across the tract during this site review supported the findings provided by LMG. The collector canals and lateral ditches were also evaluated for OHWM indicators. Out of the 52 lateral ditches on -site, only 2 were considered to be non jurisdictional ditches. The remaining 50 laterals exhibited at least one OHWM indicator and were claimed as jurisdictional RPW's. This site meeting verified that the offsets from the laterals and collector canals remained consistent with the field indicator and modeling based results submitted by LMG. 11 LEGEND PROJECT BOUNDARY — 645 AC. a NON— JURISDICTIONAL DITCH r= RELATIVELY PERMANENT WATERS UPLANDS ( -470 ac.) ° ® WETLANDS ( -166 ac.) f13 f12 =EXISTING POWERLINE EASEMENT ( -6 ac.) M 32 Wy3 -_ - EXISTING DIRT ROAD MONITORING WELL LOCATION (2007 -2009 STUDY) W/3 30 \ • DATA POINT LOCATION , 4 El • DP,f2 t X78 27 ° 1 DPf 1 2 2 ® • MW 26 ° W8 f Elp M 22 M X25 D111 ° • MW, f2 ° 2D pis oP 8 W7 DPPr MW 3 D 5 f1 0 19I � 18 1 16 15 1 THIS MAP IS BASED ON ORIGIANL DRAWINGS AND /OR SURVEY INFORMATION FROM: _..Rt Bell and Phillips Surveying, PLLC. p{� 604E Cedar Point Blvd. Cedar Point, N.C. (252)393 -6101. LAND MANAGEMENT IS NOT RESPONSIBLE FOR LOCATING, OR THE LOCATION OF, UTILITIES. ANY Cam, UTILITIES SHOWN ON THIS PLAN HAVE BEEN PROVIDED BY THIRD PARTIES AND ARE FOR GENERAL LAND MANAGEMENT IS NOT CJ`p� REFERENCE PURPOSES ONLY. IT IS THE RESPONSIBILITY OF THE OWNER/APPLICANT AND /OR RESPONSIBLE FOR THE ACCURACY CONTRACTOR TO CONTACT A PROFESSIONAL UTILITY LOCATING COMPANY. OF SAID INFORMATION Project: Date: Revision Date: Brice Creek Mitigation Bank September 2009 May 2010 Applicant: Scale: Job Number: WEYCO 1 —800' 01 -07 -098 1,600 Post Office Box 2522 Wilmington, North Carolina 28402 TitIe:PWe l OEd Meeting Drawn By: Figure 1. Telephone: 910-452-0001 L : \WLILHIVllJ \GUU/ WtILHI LKJ FiLLJ \U1- U / -Ul)d - -- Lraven35Mitigation, McLendon \HLHU \Croven35 -HUL ,I LL1L4U4map 2U1U.dwg La La La "\ 1 La Pa i i\ Pa Le \1 Ra P-a Pa Ra Ra �iib Go! G ■.e � JV� t Mi N W E S *Boundaries are approximate and are SITE not meant to be absolute. SCALE 1 - - 2000 Brice Creek Wetland Mitigation Bank Figure 2 Craven County, NC LMG (] A 74 01 -07 -098 LAND MANAGEMENT GROUP- 1974 Aerial Photograph co, 5uira "`5 w/ Existing Ditch Network July 2009 *Boundaries are approximate ana are not meant to be absolute. Map Source: 1981 Aerial Photography, Craven County NRCS office. .1 R��M SCALE 1" = 1500' Brice Creek Wetland Mitigation Bank Figure 3 Craven County, NC LMG ra 1981 Aerial Photograph 01 -07 -098 LAND MANAGEMENT GROUP— g p Environmental Consultants w/ Existing Ditch Network July 2009 U.S. ARMY CORPS OF ENGINEERS WILMINGTON DISTRICT Action Id. 200802310 County: Craven U.S.G.S. Quad: Catfish Lake NOTIFICATION OF JURISDICTIONAL DETERMINATION Property Owner /Agent: Weyerhaeuser Compan Address: C/O Sandy McLendon 1785 Weyerhaeuser Road Vanceboro, North Carolina 28586 Telephone No.: 910 - 452 -0001 (Agent) Property description: Size (acres) 645 acres Nearest Waterway US Highway 70 USGS HUC 03020204 Location description 6425 E US 70 Hwy. Indicate Which of the Followiniz Apply: A. Preliminary Determination Nearest Town New Bern River Basin Neuse Coordinates N 34.945192 W 76.968006 _ Based on preliminary information, there may be wetlands on the above described property. We strongly suggest you have this property inspected to determine the extent of Department of the Army (DA) jurisdiction. To be considered final, a jurisdictional determination must be verified by the Corps. This preliminary determination is not an appealable action under the Regulatory Program Administrative Appeal Process ( Reference 33 CFR Part 331). B. Approved Determination There are Navigable Waters of the United States within the above described property subject to the permit requirements of Section 10 of the Rivers and Harbors Act and Section 404 of the Clean Water Act. Unless there is a change in the law or our published regulations, this determination may be relied upon for a period not to exceed five years from the date of this notification. X There are waters of the U.S. including wetlands on the above described property subject to the permit requirements of Section 404 of the Clean Water Act (CWA)(33 USC § 1344). Unless there is a change in the law or our published regulations, this determination may be relied upon for a period not to exceed five years from the date of this notification. We strongly suggest you have the wetlands on your property delineated. Due to the size of your property and/or our present workload, the Corps may not be able to accomplish this wetland delineation in a timely manner. For a more timely delineation, you may wish to obtain a consultant. To be considered final, any delineation must be verified by the Corps. X The waters of the U.S. including wetland on your property have been delineated and the delineation has been verified by the Corps. We strongly suggest you have this delineation surveyed. Upon completion, this survey should be reviewed and verified by the Corps. Once verified, this survey will provide an accurate depiction of all areas subject to CWA jurisdiction on your property which, provided there is no change in the law or our published regulations, may be relied upon for a period not to exceed five years. The wetlands have been delineated and surveyed and are accurately depicted on the plat signed by the Corps Regulatory Official identified below on . Unless there is a change in the law or our published regulations, this determination may be relied upon for a period not to exceed five years from the date of this notification. There are no waters of the U.S., to include wetlands, present on the above described property which are subject to the permit requirements of Section 404 of the Clean Water Act (33 USC 1344). Unless there is a change in the law or our published regulations, this determination may be relied upon for a period not to exceed five years from the date of this notification. X The property is located in one of the 20 Coastal Counties subject to regulation under the Coastal Area Management Act (CAMA). You should contact the Division of Coastal Management in Morehead City, NC, at (252) 808 -2808 to determine their requirements. Page 1 of 2 Action ID: Placement of dredged or fill material within waters of the US and /or wetlands without a Department of the Army permit may constitute a violation of Section 301 of the Clean Water Act (33 USC § 1311). If you have any questions regarding this determination and /or the Corps regulatory program, please contact William Wescott at 910 - 251 -4629. C. Basis For Determination The wetlands on this property meet all three wetland criteria as described in the Atlantic and Gulf Coastal Plain Regional Supplement and are part of a broad continuum of wetlands associated with the Neuse River. D. Remarks E. Attention USDA Program Participants This delineation /determination has been conducted to identify the limits of Corps' Clean Water Act jurisdiction for the particular site identified in this request. The delineation/determination may not be valid for the wetland conservation provisions of the Food Security Act of 1985. If you or your tenant are USDA Program participants, or anticipate participation in USDA programs, you should request a certified wetland determination from the local office of the Natural Resources Conservation Service, prior to starting work. F. Appeals Information (This information applies only to approved jurisdictional determinations as indicated in B. above) This correspondence constitutes an approved jurisdictional determination for the above described site. If you object to this determination, you may request an administrative appeal under Corps regulations at 33 CFR part 331. Enclosed you will find a Notification of Appeal Process (NAP) fact sheet and request for appeal (RFA) form. If you request to appeal this determination you must submit a completed RFA form to the following address: District Engineer, Wilmington Regulatory Division Attn:William Wescott, Project Manager, Washington Regulatory Field Office 2407 West Fifth Street Washington, North Carolina 27889 In order for an RFA to be accepted by the Corps, the Corps must determine that it is complete, that it meets the criteria for appeal under 33 CFR part 331.5, and that it has been received by the District Office within 60 days of the date of the NAP. Should you decide to submit an RFA form, it must be received at the above address by 2/4/11. * *It is not necessary to submit an RFA form to the District Office if you do not object to the determination in this correspondence. Corps Regulatory Official: Date 12/06/2010 Expiration Date 12/06/2015 The Wilmington District is committed to providing the highest level of support to the public. To help us ensure we continue to do so, please complete the Customer Satisfaction Survey located at our website at http: / /re u� latory.usacesLirvey.com./ to complete the survey online. Copy furnished: Christian Preziosi /Land Management Group Page 2 of 2 (Version August 2012) AGREEMENT TO ESTABLISH THE BRICE CREEK WETLAND MITIGATION BANK IN CRAVEN COUNTY, NORTH CAROLINA (USACE Action ID No. SAW- 2008 - 02310) This Mitigation Banking Instrument (MBI) is made and entered into on the day of , 2012, by the Weyerhaeuser NR Company hereinafter Sponsor, and the U. S. Army Corps of Engineers (Corps), and each of the following agencies, upon its execution of this MBI, the Environmental Protection Agency (EPA), the U.S. Fish and Wildlife Service (FWS), the National Marine Fisheries Service (NMFS), the North Carolina Wildlife Resources Commission (NCWRC), the North Carolina Division of Coastal Management (NCDCM), and the North Carolina Division of Water Quality (NCDWQ). The Corps, together with the State and Federal agencies that execute this MBI, are hereinafter collectively referred to as the Interagency Review Team (IRT). WHEREAS the purpose of this agreement is to establish a mitigation bank (Bank) providing compensatory mitigation for unavoidable wetland impacts separately authorized by Section 404 Clean Water Act permits and /or Section 10 of the Rivers and Harbors Act permits in appropriate circumstances; WHEREAS the Sponsor is the record owner of that certain parcel of land containing approximately 636 acres located in Craven County, North Carolina, described in the Brice Creek Wetland Mitigation Bank - Mitigation Plan (August 2012 Mitigation Plan — Appendix A), and as shown on the attached survey (Appendix B); WHEREAS the agencies comprising the IRT agree that the site, totaling 636 acres (Appendix B) is a suitable mitigation bank site, and that implementation of the Mitigation Plan is likely to result in net gains in wetland and /or stream functions at the Bank site, and have therefore approved the Mitigation Plan; THEREFORE, it is mutually agreed among the parties to this agreement that the following provisions are adopted and will be implemented upon signature of this MBI. Section L• General Provisions A. The Sponsor is responsible for assuring the success of the restoration, enhancement, and preservation activities at the Bank site, and for the overall operation and management of the Bank. The Sponsor assumes the legal responsibility for providing the compensatory mitigation once a permittee secures credits from the Sponsor and the District Engineer (DE) receives documentation that confirms the Sponsor has accepted responsibility for providing the required compensatory mitigation. (Version August 2012) B. The goal of the Bank is to restore, enhance, and preserve non - riparian wetlands and their functions to compensate in appropriate circumstances for unavoidable wetland and stream impacts authorized by Section 404 of the Clean Water Act permits and or Section 10 of the Rivers and Harbors Act permits in circumstances deemed appropriate by the Corps after consultation, through the permit review process, with members of the IRT. C. Use of credits from the Bank to offset wetland impacts authorized by Clean Water Act permits must be in compliance with the Clean Water Act and implementing regulations, including but not limited to the 404(b)(1) Guidelines, the National Environmental Policy Act, and all other applicable Federal and State legislation, rules and regulations. This agreement has been drafted in accordance with the regulations for Compensatory Mitigation for Losses of Aquatic Resources effective June 9, 2008 (33 CFR Parts 325 and 332) ( "Mitigation Rule "). D. The IRT shall be chaired by the DE of the U. S. Army Corps of Engineers, Wilmington District. The IRT shall review documentation for the establishment of mitigation banks. The IRT will also advise the DE in assessing monitoring reports, recommending remedial measures, approving credit releases, and approving modifications to this instrument. The IRT's role and responsibilities are more fully set forth in Sections 332.8 of the Mitigation Rule. The IRT will work to reach consensus on its actions. E. The DE, after consultation with the appropriate Federal and State review agencies through the permit review process, shall make final decisions concerning the amount and type of compensatory mitigation to be required for unavoidable, permitted wetland impacts, and whether or not the use of credits from the Bank is appropriate to offset those impacts. In the case of permit applications and compensatory mitigation required solely under the Section 401 Water Quality Certification rules of North Carolina, the N.C. Division of Water Quality (NCDWQ) will determine the amount of credits that can be withdrawn from the Bank. F. The parties to this agreement understand that a watershed approach to establish compensatory mitigation must be used to the extent appropriate and practicable. Where practicable, in -kind compensatory mitigation is preferred. Section 11: Geographic Service Area The Geographic Service Area (GSA) is the designated area within which the bank is authorized to provide compensatory mitigation required by DA permits. The GSA for this Bank shall include the Lower Neuse River Basin, Hydrologic Unit 03020204. The service area is based on the location and scope of the project which will generate tangible water quality and habitat benefits within the Lower Neuse River through the cessation of silvicultural land use activities and the restoration of headwater wetland ecosystems. Based upon information provided by the Sponsor in the Mitigation Plan, the Bank may also provide compensatory mitigation for projects occurring within adjoining HUCs (particularly Hydrologic Unit 03020106, Bogue -Core Sounds Unit). Use of the Bank site to compensate for impacts beyond the GSA may be considered by the Corps or the permitting agency on a case -by -case basis. ON (Version August 2012) Section III: Mitigation Plan Any Mitigation Plan submitted pursuant to this agreement must contain the information listed in 332.4(c)(2) through (14) of the Compensatory Mitigation Rule. A. The Bank site is a currently managed for silvicultural production. A more detailed description of the baseline conditions on the site is contained in the Mitigation Plan. B. The Sponsor will perform work described in Section V of the Mitigation Plan, including restoration of 473 acres (ac.) non - riparian wetlands. A total of 163 ac. of non - riparian wetland enhancement will also be included in the Bank. The work associated with the Bank will include backfilling of existing ditches, removal of existing soil roads, and planting of native hardwood seedlings. The purpose of this work, and the objective of the Bank, is to restore and enhance the wetlands associated with the headwaters of several tributaries of the Lower Neuse River. Development of the Bank will reduce nutrient inputs, stormwater discharge, and flow velocities in a watershed that is experiencing rapid development. C. The Sponsors shall monitor the Bank Site as described in Section VII of the Mitigation Plan, until such time as the IRT determines that the success criteria described in Section VII of the Mitigation Plan have been met. D. The members of the IRT will be allowed reasonable access to the Property for the purposes of inspection of the Property and compliance monitoring of the Mitigation Plan. Section IV: Reporting A. The Sponsor shall submit to the DE, for distribution to each member of the IRT, an annual report describing the current condition of the Bank and the condition of the Bank in relation to the success criteria in the Mitigation Plan. The Sponsor shall provide to the DE any monitoring reports described in Section VII of the Mitigation Plan. B. The Sponsor shall provide ledger reports documenting credit transactions as described in Section VIII of this MBI. C. Each time an approved credit transaction occurs, the Sponsor must notify the DE within 30 days of the transaction. Section V: Remedial Action A. The DE shall review the monitoring reports, and may, at any time, after consultation with the Sponsor and the IRT, direct the Sponsor to take remedial action at the Bank site. Remedial (Version August 2012) action required by the DE shall be designed to achieve the success criteria specified in the Mitigation Plan. All remedial actions required under this section shall include a work schedule and monitoring criteria that will take into account physical and climactic conditions. B. The Sponsor shall implement any remedial measures required pursuant to the above. C. In the event the Sponsor determines that remedial action may be necessary to achieve the required success criteria, it shall provide notice of such proposed remedial action to all members of the IRT. No remedial actions shall be taken without the concurrence of the DE, in consultation with the IRT. Section VI: Use of Mitigation Credits Description of Wetland Community Types: A. Wetland community types found in a mitigation bank will be described in accordance with the procedures found in the NC Wetland Assessment Method (NC WAM, USACE, 2007). It is expected that impacts to the NC WAM types listed below will be compensated by the Mitigation Types as listed in order to qualify as "In- Kind" mitigation. Exceptions to the use of "In- Kind" mitigation may be allowed at the discretion of the permitting agencies on a case -by -case basis. Table 2. Wetland Commu ity Types Mitigation Type NCWAM Type CAMA Coastal Wetland Salt/Brackish Marsh* Riparian ( Riverine) Riverine Swamp Forest/Non -Tidal Freshwater Marsh, Tidal Freshwater Marsh Riparian (Non - Riverine) Bottomland Hardwood Forest, Headwater Wetland, Flood - Plain Pool, Mountain Bog* Non - Riparian Non - Riverine Swamp Forest, Seep, Small Basin Wetland, Pocosins, Estuarine Woody, Pine Flat, Pine Savannah, Hardwood Flat *Note that these wetland types only occur in select HUCs of North Carolina. B. It is anticipated by the parties that in most cases in which the DE, after consultation with the IRT, has determined that mitigation credits from the Bank may be used to offset wetland impacts authorized by Section 404 permits and /or Section 10 permits, that the Restoration Equivalents, as enumerated above, constitute credits that are considered to be equal to restoration credits for the purposes of compensatory mitigation. Therefore, the use of Restoration credits or Restoration Equivalents credits, or any combination thereof, is acceptable to the DE for any permit requirement so long as the required amount of credits are debited for a given mitigation requirements. It is also understood that in order to satisfy mitigation requirements imposed by the NC Division of Water Quality, restoration impact amounts must be at a minimum of 1:1 such that for every one acre of impact, at least one acre of mitigation must be in the form of (Version August 2012) restoration. Additionally, decisions regarding stream mitigation will be made consistent with current policy and guidance and will be made on a case by case basis. Wetland and stream compensation ratios are determined by the DE on a case -by -case basis based on considerations of functions of the wetlands and /or streams impacted, the severity of the wetland and /or stream impacts, the relative age of the mitigation site, whether the compensatory mitigation is in -kind, and the physical proximity of the wetland and /or stream impacts to the Bank site. Table 3. Mitigation Types and Quantities acres Mitigation Type Acreage Credits Non - Riparian Wetland Restoration 473 473 Non - Riparian Wetland Enhancement 163 81.5 (re) TOTAL 636 554.5 re= restoration - equivalent credit C. Notwithstanding the above, all decisions concerning the appropriateness of using credits from the Bank to offset impacts to waters and wetlands, as well as all decisions concerning the amount and type of such credits to be used to offset wetland and water impacts authorized by Department of the Army permits, shall be made by the DE, pursuant to Section 404 of the Clean Water Act and implementing regulations and guidance, after notice of any proposed use of the Bank to the members of the IRT, and consultation with the members of the IRT concerning such use. Notice to and consultation with the members of the IRT shall be through the permit review process. Section VII: Credit Release Schedule All credit releases must be approved by the DE, in consultation with the IRT, based on a determination that required success criteria have been achieved. A. Credit Release Schedule for Forested Wetlands: If deemed appropriate by the IRT, fifteen percent (15 %) of the Bank's total restoration credits shall be available for sale immediately upon completion of all of the following: 1. Execution of this MBI by the Sponsor, the DE, and other agencies eligible for membership in the IRT who choose to execute this agreement; 2. Approval of the final Mitigation Plan; 3. Mitigation bank site has been secured; 4. Delivery of the financial assurance described in Section IX of this MBI; and 5. Recordation of the long -term protection mechanism described in Section X of this MBI, as well as a title opinion covering the property acceptable to the DE. The Sponsor must complete the initial physical and biological improvements to the Bank site pursuant to the Mitigation Plan no later than the first full growing season following initial debiting of the Bank. Subject to the Sponsor's continued satisfactory completion of all required (Version August 2012) success criteria and monitoring, additional restoration mitigation credits will be available for sale by the Sponsor on the following schedule: 1. 15 % upon completion of all initial physical and biological improvements made pursuant to the Mitigation Plan (total 30 %); 2. 10% after first year, if interim success measures are met (total 40 %); 3. 10% after second year, if interim success measures are met (total 50 %); 4. 10% after third year, if interim success measures are met (total 60 %); 5. 10% after fourth year, if interim success measures are met (total 70 %); 6. 10% after fifth year, if Success Criteria are met (total 80 %); 7. 10% after sixth year, if vegetative Success Criteria are met (90 %); and 8. 10% after seventh year, if vegetative Success Criteria are met (100 %). Provided that all Success Criteria are met, the IRT may allow the Sponsor to discontinue hydrologic monitoring after the fifth year. The Sponsor will be required to monitor vegetation for an additional two years after the fifth year for a total of seven years. Table 4. Credit Release Schedule for Wetlands Percentage of Wetland Cumulative Task Projected Credits Released (% Credits Credits Completion Date Released cumulative) Released 1.0 Signing of the MBI; 11/1/12 15 (15) 83.2 83.2 Recordation of Conservation Easement Deed; Delivery of Financial Assurances 2.0 Completion of Physical and 11/2013 15 (30) 83.1 166.3 Biological Improvements 3.0 Year 1: Fulfill Success 1/2015 10 (40) 55.5 221.8 Criteria 4.0 Year 2: Fulfill Success 1/2016 10 (50) 55.4 277.2 Criteria 5.0 Year 3: Fulfill Success 1/2017 10 (60) 55.5 332.7 Criteria 6.0 Year 4: Fulfill Success 1/2018 10 (70) 55.4 388.1 Criteria 7.0 Year 5: Fulfill Success 1/2019 10 (80) 55.5 443.6 Criteria 8.0 Year 6: Fulfill Success 1/2020 10 (90) 55.4 499 Criteria 9.0 Year 7: Fulfill Success 1/2021 10 (100) 55.5 554.5 Criteria TOTAL 100% 554.5 (Version August 2012) Section VIII: Accounting Procedures A. The Sponsor shall develop accounting procedures acceptable to the IRT for maintaining accurate records of debits made from the Bank. Such procedures shall include the generation of a ledger by the Sponsor showing credits used at the time they are debited from the Bank. All ledger reports shall identify credits debited and remaining by type of credit and shall include for each reported debit the Corps ORM ID number for the permit for which the credits were utilized and the permitted impacts for each resource type. Each time an approved credit transaction occurs, the Sponsor must notify the DE within 30 days of the transaction. B. The Sponsor shall prepare an annual ledger report, on each anniversary of the date of execution of this agreement, showing all credits used, any changes in credit availability (e.g., additional credits released, credit sales suspended), and the beginning and ending balance of credits remaining. The Sponsor shall submit the annual report to the DE, for distribution to each member of the IRT, until such time as all of the credits have been utilized, or this agreement is otherwise terminated. Section IX: Financial Assurances A. The Sponsor shall provide financial assurances in a form acceptable to the IRT sufficient to assure completion of all mitigation work, required reporting and monitoring, and any remedial work required pursuant to this MBI. These financial assurances are provided in the form of two performance bonds. A construction bond, in the sum of $154,000, represents 30% of the projected construction, planting, and contingency costs associated with the activities described in the Mitigation Plan. The monitoring bond, in the sum of $25,830, represents 10% of the projected monitoring costs for the seven (7) year schedule described in the Mitigation Plan. B. Financial assurances shall be payable at the direction of the DE to his designee or to a standby trust. Financial assurances structured to provide funds to the Corps of Engineers in the event of default by the Bank Sponsor are not acceptable. C. A financial assurance must be in the form that ensures that the DE receives notification at least 120 days in advance of any termination or revocation. Section X: Long -Term Protection A. The North Carolina Coastal Land Trust (Land Trust), a registered 501(c)3 entity, will serve as the holder of the conservation easement (CE) for the Bank. The Land Trust will maintain the CE in perpetuity and provide for the long -term stewardship of the land through annual monitoring activities. Title to the land will reside with the current owners, Weyerhaeuser Company. Refer to the attached conservation easement plats for the tract (Appendix B). The CE shall be perpetual, preserve all natural areas, and prohibit all use of the property inconsistent with its use as mitigation property, including any activity that would materially alter the biological integrity or functional and educational value of wetlands or streams within the Bank site, (Version August 2012) consistent with the Mitigation Plan. The purpose of the CE will be to assure that future use of the Bank site will result in the restoration, protection, maintenance and enhancement of wetland functions described in the Mitigation Plan. B. The Sponsor shall deliver a title opinion acceptable to the DE covering the mitigation property. The property shall be free and clear of any encumbrances that would conflict with its use as mitigation, including, but not limited to, any liens that have priority over the recorded preservation mechanism. C. Subsequent to the recording of the CE, the Sponsor may convey the Bank Site property in fee. The terms and conditions of this conveyance shall not conflict with the intent and provisions of the CE nor shall such conveyance enlarge or modify the uses specified in the CE. The CE must contain a provision requiring 60 day advance notification to the DE before any action is taken to void or modify the CE, including transfer of title to, or establishment of any other legal claims over, the project site. Section XI: Long -term Management A. The Land Trust (as identified above) will be responsible for the long -term stewardship of the conservation easement. The primary objective of the long -term stewardship is to ensure that the easement terms are enforced and that the site remains in its natural state. B. An endowment will be provided to the Land Trust by the Sponsor to assist with the long -term stewardship expenses of the Bank site. Section XIL• Default and Closure A. It is agreed to establish and /or maintain the Bank site until (i) credits have been exhausted or banking activity is voluntarily terminated with written notice by the Sponsor provided to the DE and other members of the IRT; and (ii) it has been determined and agreed upon by the DE and IRT that the debited Bank site has satisfied all the conditions herein and in the Mitigation Plan. If the DE determines that the Bank site is not meeting performance standards or complying with the terms of the instrument, appropriate action will be taken. Such actions may include, but are not limited to, suspending credit sales, adaptive management, decreasing available credits, utilizing financial assurances, and terminating the instrument. B. Any delay or failure of Bank Sponsor shall not constitute a default hereunder if and to the extent that such delay or failure is primarily caused by any act, event or conditions beyond the Sponsor's reasonable control and significantly adversely affects its ability to perform its obligations hereunder including: (i) acts of God, lightning, earthquake, fire, landslide, or interference by third parties; (ii) condemnation or other taking by any governmental body; (iii) change in applicable law, regulation, rule, ordinance or permit condition, or the interpretation or enforcement thereof, (iv) any order, judgment, action or determination of any federal, state or (Version August 2012) local court, administrative agency or government body; or (v) the suspension or interruption of any permit, license, consent, authorization or approval. If the performance of the Bank Sponsor is affected by any such event, Bank Sponsor shall give written notice thereof to the IRT as soon as is reasonably practicable. If such event occurs before the final availability of all credits for sale, the Sponsor shall take remedial action to restore the property to its condition prior to such event, in a manner sufficient to provide adequate mitigation to cover credits that were sold prior to such delay or failure to compensate for impacts to waters, including wetlands, authorized by Department of the Army permits. Such remedial action shall be taken by the Sponsor only to the extent necessary and appropriate, as determined by the IRT. C. At the end of the monitoring period, upon satisfaction of the performance standards, the Sponsor may submit a request to close out the Bank site to the DE. The DE, in consultation with the IRT, shall use best efforts to review and comment on the request within 60 days of such submittal. If the DE determines the Sponsor has achieved the performance standards in accordance with the mitigation plan and all obligations under this MBI, the DE shall issue a close out letter to the Sponsor. Section XI11: Miscellaneous A. Any agency participant may terminate its participation in the IRT with notice in writing to all other parties to this agreement. Termination shall be effective seven (7) days from placing written notices in the United States mail. Member withdrawal shall not affect any prior sale of credits and all remaining parties shall continue to implement and enforce the terms of this MBI. B. Modification of this MBI shall be in accordance with the procedures set forth in 332.8 of the mitigation rule. C. No third party shall be deemed a beneficiary hereof and no one except the signatories hereof, their successors and assigns, shall be entitled to seek enforcement hereof. D. This MBI constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior agreements or undertakings. E. In the event any one or more of the provisions contained in this MBI are held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceablility will not affect any other provisions hereof, and this MBI shall be construed as if such invalid, illegal or unenforceable provision had not been contained herein. F. This MBI shall be governed by and construed in accordance with the laws of North Carolina and the United States as appropriate. G. This MBI may be executed by the parties in any combination, in one or more counterparts, all of which together shall constitute but one and the same instrument. (Version August 2012) H. The terms and conditions of this MBI shall be binding upon, and inure to the benefit of the parties hereto and their respective successors. I. All notices and required reports shall be sent by regular mail to each of the parties at their respective addresses, provided below. Sponsor: Mr. Doug Hughes Weyerhaeuser NR Company 211 Armstrong Road Columbia, MS 39429 Corps: Mr. Raleigh Bland U.S. Army Corps of Engineers Regulatory Division 2407 West Fifth Street Washington, NC 27889 EPA: Ms. Jennifer Derby Wetlands Section - Region IV Water Management Division U.S. Environmental Protection Agency 61 Forsyth Street, SW Atlanta, Georgia 30303 FWS: Mr. Pete Benjamin U.S. Fish and Wildlife Service Fish and Wildlife Enhancement Post Office Box 33726 Raleigh, North Carolina 27636 -3726 NMFS: Mr. Ron Sechler National Marine Fisheries, NOAA Habitat Conservation Division Pivers Island Beaufort, North Carolina 28516 NCWRC: Mr. Travis Wilson North Carolina Wildlife Resources Commission 10 (Version August 2012) 127 Cardinal Drive Extension Wilmington, NC 28405 NCDCM: Mr. Steve Sollod North Carolina Division of Coastal Management 127 Cardinal Drive Extension Wilmington, NC 28405 NCDWQ: Ms. Cyndi Karoly NC Division of Water Quality North Carolina Department of Environment and Natural Resources Post Office Box 29535 Raleigh, NC 27626 -0535 11 (Version August 2012) IN WITNESS WHEREOF, the parties hereto have executed this Agreement entitled "Agreement To Establish The Brice Creek Wetland Mitigation Bank in Craven County, North Carolina ": Sponsor: IM U.S. Army Corps of Engineers: Date: By: Date: 12 (Version August 2012) IN WITNESS WHEREOF, the parties hereto have executed this Agreement entitled "Agreement To Establish The Brice Creek Wetland Mitigation Bank in Craven County, North Carolina ": U.S. Environmental Protection Agency: By: Date: U.S. Fish and Wildlife Service: By: Date: National Marine Fisheries Service: By: Date: N.C. Division of Water Quality: By: Date: N.C. Wildlife Resources Commission: By: Date: N.C. Division of Coastal Management: By: Date: 13 (Version August 2012) List of Appendices Appendix A: Brice Creek Wetland Mitigation Bank - Final Mitigation Plan (August 2012) Appendix B: Conservation Easement Plat Appendix C: Map — Geographic Service Area Appendix D: Construction and Maintenance/Monitoring Costs Appendix E: Performance Bonds Appendix F: Conservation Easement Deed 14 MBI. APPENDIX A - MITIGATION PLAN (COVER ONLY) (PLAN SUBMITTED SEPARATELY) BRICE CREEK WETLAND MITIGATION BANK Craven County, North Carolina MITIGATION PLAN Sponsor. Weyerhaeuser NR Company Prepared For: U.S. Army Corps of Engineers Wilmington District and Inter - Agency Review Team (IRT) Prepared By: LMG LAND MANAGEMENT GROUP wc. Environmental Consultonts 3805 Wrightsville Avenue, Suite 15 Wilmington, NC 28403 www.lmgroup.net August 2012 BRICE CREEK WETLAND MITIGATION BANK MITIGATION BANKING INSTRUMENT APPENDIX B. CONSERVATION EASEMENT PLAT 1 Lo 1 o\ o v �Z z Pi O Lo O C� I O rhc� rh 2 :30 �o� off` s 2 =� rr, z� Cn 0 C� 0 2 r p O O I-�I-- H ^H l 1 ::0I z rr rn I of mp �I I�I�Cn a of i �Cn Ln CD \I I I o o � j Lo 2 LO I QD LOI I °I I � o 0 r� V1 P °�� r S Kj r N 282229 "E rrrrrrrrrrrrrrr N A(.. N N N N Q)� oDo\IOCn - (4N)—(Z r � r o\IOG1 r r r r faC�N" r r r o c [ten rn 222222222222222222222222 a �ti NOOoN Cn\ NOo00 OCo 0v 00N 00(A( -Tl CN �.CNNN NN) CNN) G1CNCnOCnC) C14 O4 ---:- ;Z6- -: Nj,.,.CN(S -•�: p N V N"4 CID C)CID (3) N Co Co (3) Co U1 CN CO N X00 1 Z. r� cn cn cn ,: cn o cn cn a � -Z -Z IS N� Ni IS Q c a o -r: -- N-pO(3)NO\ICNNQu0004Q)C)44 (3)(3)p)(3)( -q � �O 4 0o Cn C.. N) cr) \J cr) 4 Cn -A 4 -A C r Cn \ cr) cr) r) Cn ° oc��coNoco:aa cn:Nc0N 10 CID \cornco\c�C�,.4�ocr crv�orn E v Q ; ( N(Z) N) co cocncncncoc Ncr)NN) c-) rn 'At, 66� 'aa •are (00 1�mo r�V x° �\ ooro 0 a rnn o= My _ / / I �� °�Cn __� \ iiY / 2 U 4 O � _ - - -- - -- i i i N (14 to C3 Cb ' 2�z rri�Zc�� Fri ° Z I I °a i dnl�d \'\ \\ I '� o - o ri c m � r- L) -0 -11 Ld O 30 Lo Cb Cb Cn C r \ \ \ \ \ OG�O.�p / S NO /v l^lll m NT 1 /� c S 28 °28'44 "W 3078.21' — TT — N�� 2 �n� °� UNITED STATES GOVERNMENT CROATAN NATIONAL FOREST .r co o -- Q Boundary Survey and Conservation Easement for: +oo Cb Q o PROPERTY OFF U.S. HWY. 70 (1) Q) Z'� ? Cb WNR Company TOWNSHIP #6 �' �� I �o Brl c e Creek Wetland Ml tlga tl on Bank � o CRAVEN COUNTY, N. C. � C n� 2 A Portion on of Craven 35 CO o 0 0 � � Z rTj y y� X02 0) 00 o Bell & Phillips Surveying, RI,1, C 0 604E Cedar Point Blvd. Cedar Point, N.C. (250393 -6101 ° ti License No.: P -0391 Email: alanbellC eastnc. twcbc. com '� 2 s� 4 011 C9 a �ti _ / / I �� °�Cn __� \ iiY / 2 U 4 O � _ - - -- - -- i i i N (14 to C3 Cb ' 2�z rri�Zc�� Fri ° Z I I °a i dnl�d \'\ \\ I '� o - o ri c m � r- L) -0 -11 Ld O 30 Lo Cb Cb Cn C r \ \ \ \ \ OG�O.�p / S NO /v l^lll m NT 1 /� c S 28 °28'44 "W 3078.21' — TT — N�� 2 �n� °� UNITED STATES GOVERNMENT CROATAN NATIONAL FOREST .r co o -- Q Boundary Survey and Conservation Easement for: +oo Cb Q o PROPERTY OFF U.S. HWY. 70 (1) Q) Z'� ? Cb WNR Company TOWNSHIP #6 �' �� I �o Brl c e Creek Wetland Ml tlga tl on Bank � o CRAVEN COUNTY, N. C. � C n� 2 A Portion on of Craven 35 CO o 0 0 � � Z rTj y y� X02 0) 00 o Bell & Phillips Surveying, RI,1, C 0 604E Cedar Point Blvd. Cedar Point, N.C. (250393 -6101 ° ti License No.: P -0391 Email: alanbellC eastnc. twcbc. com '� BRICE CREEK WETLAND MITIGATION BANK MITIGATION BANKING INSTRUMENT APPENDIX C. GEOGRAPHIC SERVICE AREA MAP WAYNE II PITT 03020104 L i intl - 03020202 BEAUFORT 03020105 LENOIR Dav or CRAVEN - 17 C; ty 70 Nk� 03030007 JONES Q3030001 DUPLIN 01NSLOW PENDER ;.Af, 7pida a HYDE PAMLICO Dcr F,l ti w 911,11 A irp oi :11 tpnflGc CARTERET SITE I IDD i:hefrry Poi nt Mca,& H LJCK 03020106 + BRICE CREEK WETLAND MITIGATION BANK MITIGATION BANKING INSTRUMENT APPENDIX D. CONSTRUCTION AND MONITORING COSTS Brice Creek Construction Cost Acres Site Prep Mechanical 602 $ 80.00 $ 48,160.00 1 Chop Site Prep Mechanical 602 $ 60.00 $ 36,120.00 3 Rip Site Prep Chemical 602 $ 55.00 $ 33,110.00 5 Chemical application and chemical Planting 602 $ 72.52 $ 43,657.04 7 Planting 518 Trees /ac at $0.14 /tree Seedlings 602 $ 103.60 $ 62,367.20 $200/1000 tree, planting 518 trees per acre Hydrology Restoration (Road Removal, Ditch Plugs) $ 210,000.00 Removal of road and ditch plugs Invasive Control 37 $ 65.00 $ 2,405.00 Hack and Squirt within hardwood areas and upland buffer Release 602 $ 50.00 $ 30,100.00 Brush and Competition control $ 465,919.24 (Contingency (10 %) BOND REQUIREMENT Brice Creek Monitoring Cost BOND REQUIREMENT $25,830.00 $512,511.16 $153,753.35 94 permanent vegetation plots and 42 shallow groundwater wells Year Set up Monitoring Plots 1 $ 39,000 Annual Monitoring 2 $ 36,800 Annual Monitoring 3 $ 36,000 Annual Monitoring 4 $ 36,000 Annual Monitoring 5 $ 36,500 Annual Monitoring 6 $ 37,000 Annual Monitoring 7 $ 37,000 $ 258,300 BOND REQUIREMENT $25,830.00 $512,511.16 $153,753.35 94 permanent vegetation plots and 42 shallow groundwater wells BRICE CREEK WETLAND MITIGATION BANK MITIGATION BANKING INSTRUMENT APPENDIX D. PERFORMANCE BONDS STATE OF NORTH CAROLINA MITIGATION BANK PERFORMANCE BOND TO DEMONSTRATE CONSTRUCTION AND IMPLEMENTATION FINANCIAL ASSURANCE Date bond executed: Period of coverage: Effective date: Principal: Weyerhaeuser NR Company 211 Armstrong Road, Columbia, MS 30429 Legal Name and Business Address of Mitigation Banker Type of Organization: Individual Joint Venture Partnership X Corporation State of Incorporation: Washington Surety(ies): Name(s) and Business Address(es) Scope of coverage: Construction and implementation of the Brice Creek Wetland Mitigation Bank in accordance with the approved Mitigation Plan and Mitigation Banking Instrument (MBI) and pursuant to the requirements of Nationwide Permit 27 and the requirements of General Water Quality Certification Number 3689. Total penal sum of bond: $154,000.00 Surety's bond number: Know All Persons By These Presents, that we, the Principal and Surety(ies) hereto are firmly bound to the USACE in the above penal sum for the payment of which we bind ourselves, our heirs, executors, administrators, successors, and assigns jointly and severally; provided that, where the Sureties are corporations acting as co- sureties, we, the Sureties, bind ourselves in such sum "jointly and severally" only for the purpose of allowing a joint action or actions against any or all of us, and for all other purposes each Surety binds itself, jointly and severally with the Principal, for the payment of such sum only as is set forth opposite the name of such Surety, but if no limit of liability is indicated, the limit of liability shall be full amount of the penal sum. WHEREAS, said Principal is required, to have an approved MBI in order to construct, implement and manage the Mitigation Bank identified above, and WHEREAS, said Principal is required to provide financial assurance for construction and implementation of the Mitigation Bank in accordance with the 2008 Federal Mitigation Rule (33 CFR 332) and as conditioned within the approved MBI, and WHEREAS, said Principal shall identify a designee acceptable to the USACE for receiving assurance monies should a claim be filed as a result of Principal defaulting on its mitigation obligations; NOW, THEREFORE, the conditions of the obligation are such that if the Principal shall faithfully construct and implement the Brice Creek Wetland Mitigation Bank, for which this bond guarantees construction and implementation, in accordance with the approved MBI and the plans approved by such instrument, as such instrument and plans may be amended, pursuant to all applicable laws, statutes, rules, and regulations, as such laws, statutes, rules, and regulations may be amended, Or, if the Principal shall provide alternate financial assurance in accordance with 33 CFR 332 and obtain the written approval of the USACE of such assurance, within 90 days after the date notice of cancellation is received by both the Principal and the USACE from the Surety(ies), then this obligation shall be null and void, otherwise it is to remain in full force and effect. Such obligation does not apply to any of the following: (a) Any obligation of Weyerhaeuser NR Company under a workers' compensation, disability benefits, or unemployment compensation law or other similar law; (b) Bodily injury to an employee of Weyerhaeuser NR Company arising from, and in the course of, employment by Weyerhaeuser NR Company; (c) Bodily injury or property damage arising from the ownership, maintenance, use, or entrustment to others of any aircraft, motor vehicle, or watercraft; (d) Property damage to any property owned, rented, loaned to, in the care, custody, or control of, or occupied by Weyerhaeuser NR Company that is not the direct result of a construction of implementation activity for the Brice Creek Wetland Mitigation Form No. 62- 342.900(1) amended June 2012 2 Bank as stipulated in the approved MBI and required pursuant to USACE NWP 27 and NCDENR General Water Quality Certification Number 3689: (e) Bodily injury or property damage for which Weyerhaeuser NR Company s obligated to pay damages by reason of the assumption of liability in a contract or agreement. The Surety(ies) shall become liable on this bond obligation only when the Principal has failed to fulfill the conditions described above. Upon notification by the USACE that the Principal has been found in violation of the requirements of the MBI by failing to perform the required construction and implementation activities for the Brice Creek Wetland Mitigation Bank for which this bond guarantees performance, the Surety(ies) shall, within 60 days of receiving such notice, either perform such construction and implementation in accordance with the MBI and other permit requirements and pursuant to the approved Mitigation Plan or issue partial or all the penal sum (up to $154,000) guaranteed for the Brice Creek Wetland Mitigation Bank to Wildlife Mississippi (WM), a nonprofit corporation, charitable organization exempt under Section 501(c)(3) of the Internal Revenue Code of 1986, and approved Designee for completion of the mitigation obligations to the extent that said funding from the bond is sufficient to achieve these purposes. WM shall not be required to use any of its funding resources to meet these obligations. The bond funds will be used by the Designee for the express purpose of completing the mitigation work per the terms and conditions of the approved MBI and the approved Mitigation Plan (including contingency measures as may be deemed necessary). In addition, work will be compliant with the corresponding USACE NWP 27 and NCDENR General Water Quality Certification No. 3689 issued for the project unless as modified and approved by the USACE and NCDENR, respectively. The Surety(ies) hereby waive(s) notification of amendments to the Brice Creek Wetland Mitigation Bank plans, permits, applicable laws, statutes, rules, and regulations and agree(s) that no such amendment shall in any way alleviate its (their) obligation on this bond. The liability of the Surety(ies) shall not be discharged by any payment or succession of payments hereunder, unless and until such payment or payments shall amount in the aggregate to the penal sum shown on the face of the bond, but in no event shall the obligation of the Surety(ies) hereunder exceed the amount of said penal sum. The Principal may terminate this bond by sending written notice to the Surety(ies); provided, however, that no such notice shall become effective until the Surety(ies) receive(s) written authorization for termination of the bond by USACE. Principal and Surety(ies) hereby may adjust the penal sum of the bond yearly so that it guarantees increased or decreased construction and implementation cost provided that no decrease in the penal sum takes place without the written permission of USACE. Form No. 62- 342.900(1) amended June 2012 3 IN WITNESS WHEREOF, the Principal and Surety(ies) have executed this Performance Bond and have affixed their seals on the date set forth above. Designee joins in this Performance Bond for the express purpose of acknowledging and approving its terms and conditions. The persons whose signatures appear below hereby certify that they are authorized to execute this surety bond on behalf of the Principal, Designee, and Surety(ies). PRINCIPAL: WEYERHAEUSER NR COMPANY By: (Name & Title) [Corporate Seal] DESIGNEE: WILDLIFE MISSISSIPPI By: (Name & Title) [Corporate Seal] Form No. 62- 342.900(1) amended June 2012 4 CORPORATE SURETY(IES) For each co- surety provide the following Name and Address State of Incorporation Liability Limit: $154,000.00 Signature Type Name and Title [Corporate Seal] MITIGATION MONITORING/MAINTENANCE PERFORMANCE BOND Date bond executed: Effective date: Principal: Weyerhaeuser NR Company 211 Armstrong Road, Columbia, MS 39429 Type of Organization: Individual Joint Venture Partnership X Corporation State of Incorporation: Washington Surety(ies): Scope of Coverage: Post - Construction Monitoring (Task 3 through Task 9 of the Mitigation Banking Instrument ( "MBI ")) for the Brice Creek Wetland Mitigation Bank property in Craven County, North Carolina ( "Mitigation Project ") Total penal sum of bond: $25,830.00 Surety's Bond Number: KNOW ALL PERSONS BY THESE PRESENTS, That we, the Principal and Surety(ies) hereto are firmly bound to the United States Army Corps of Engineers ( "USACE ") in the above penal sum for the payment of which we bind ourselves, our heirs, executors, administrators, successors, and assigns jointly and severally; provided that, where the Sureties are corporations acting as co- sureties, we, the Sureties, bind ourselves in such sum "jointly and severally" only for the purpose of allowing a joint action or actions against any or all of us, and for all other purposes Surety binds itself, jointly and severally with the Principal, for the payment of such sum only as is set forth opposite the name of such Surety, but if no limit of liability is indicated, the limit of liability shall be full amount of the penal sum. WHEREAS, said Principal is required to provide financial assurance for post - construction monitoring of the Mitigation Bank in accordance with the approved MBI and as further described in the scope of coverage above, and WHEREAS, said Principal shall identify a designee acceptable to the USACE for receipt of assurance monies should a claim be filed by the USACE in the event the Principal does not fulfill its monitoring obligations; NOW, THEREFORE, the conditions of the obligation are such that if the Principal shall faithfully perform completion of Task 3 through Task 9 as identified in the approved NMI and as further described in the scope of coverage herein, for which this bond guarantees completion, in accordance with the NMI as such may be amended, pursuant to all applicable laws, statutes, rules, and regulations, as such laws, statutes, rules and regulations may be amended; Or, if the Principal shall provide alternate financial assurance and obtain the USACE written approval of such assurance within 90 days after the date notice of cancellation is received by both the Principal and the USACE from the Surety(ies), then this obligation shall be null and void, otherwise it is to remain in full force and effect. Such obligation does not apply to any of the following: (a) Any obligation of Weyerhaeuser NR Company under a workers' compensation, disability benefits, or employment compensation law or other similar law; (b) Bodily injury to an employee of Weyerhaeuser NR Company arising from, and in the course of, employment by Weyerhaeuser NR Company; (c) Bodily injury or property damage arising from the ownership, maintenance, use of, or entrustment to others of any aircraft, motor vehicle, or watercraft; (d) Property damage to any property owned, rented, loan to, in the care, custody, or control of, occupied by Weyerhaeuser NR Company that is not the direct result of a construction or implementation activity for the MBI. (e) Bodily injury or property damage for which Weyerhaeuser NR Company is obligated to pay damages by reason of the assumption of liability in a contract or agreement other than a contract or agreement entered into to meet the requirements of the MBI. The Surety(ies) shall become liable on this bond obligation only when the Principal has failed to fulfill the conditions described above. Upon notification by the USACE that the Principal has been found in violation of the requirements of MBI for failing to perform post - construction monitoring activities for the Brice Creek Wetland Mitigation Bank for which this bond guarantees performance, the Surety(ies) shall within sixty (60) days of receiving such notice either perform completion in accordance with the MBI and the approved Mitigation Plan or issue partial or all of the penal sum (up to $24,750) guaranteed for monitoring of the Brice Creek Wetland Mitigation Bank to Wildlife Mississippi (WM), a nonprofit corporation, a charitable organization exempt under Section 4 501(c)(3) of the Internal Revenue Code of 1986„ and approved Designee, for completion of the monitoring obligations as identified in the approved MBI and accompanying Mitigation Plan but only to the extent that said funding from the bond is sufficient to achieve these purposes. WM shall not be required to use any of its funding resources to meet these obligations. The Surety(ies) herby waive(s) notification of amendments to the MBI permits, applicable laws, statutes, rules and regulation and agrees that no such amendment shall in any way alleviate its (their) obligation on this bond. The Liability of the Surety(ies) shall not be discharge by any payment or succession of payments hereunder, unless and until such payment or payments shall amount in the aggregate to the penal sum of the bond, but in no event shall the obligation of the Surety(ies) hereunder exceed the amount of said penal sum. The Principal may terminate this bond by sending written notice to the Surety(ies); provided, however, that no such notice shall become effective until the Surety(ies) receive(s) written authorization for termination of the bond by the USACE. Principal and Surety(ies) hereby may agree to adjust the penal sum of the bond yearly so that it guarantees increased or decreased completion costs provided that no decrease in the penal sum takes place without the written permission of the USACE. THE REST OF THIS PAGE INTENTIONALLY LEFT BLANK. 3 IN WITNESS WHEREOF, the Principal and Surety(ies) have executed this Performance Bond and have affixed their seals on the date set forth above. Designee joins in this Performance Bond for the express purpose of acknowledging and approving its terms and conditions. The persons whose signatures appear below hereby certify that they are authorized to execute this surety bond on behalf of the Principal, Designee, and Surety(ies). PRINCIPAL: WEYERHAEUSER NR COMPANY IM [Name and Title] [Corporate Seal] DESIGNEE: WILDLIFE MISSISSIPPI 0 [Name and Title] [Corporate Seal] M CORPORATE SURETY(IES) For each co- surety provide the following Name and Address State of Incorporation Liability Limit: $24,7$0 Signature Type Name and Title [Corporate Seal] BRICE CREEK WETLAND MITIGATION BANK MITIGATION BANKING INSTRUMENT APPENDIX F. CONSERVATION EASEMENT DEED Prepared by and Return to: North Carolina Coastal Land Trust 131 Racine Drive, Suite 202 Wilmington, NC 28403 STATE OF NORTH CAROLINA COUNTY OF CRAVEN PIN: 6- 207 -036 BRICE'S CREEK WETLAND MITIGATION BANK PERMANENT CONSERVATION EASEMENT CRAVEN 35 TRACT This CONSERVATION EASEMENT ( "Conservation Easement ") is made this day of 2012, by and between WEYERHAEUSER NR COMPANY, having a mailing address of 1785 Weyerhaeuser Road, Vanceboro, NC 28586 ( "Grantor"), and NORTH CAROLINA COASTAL LAND TRUST, a North Carolina non - profit corporation, having a mailing address of 131 Racine Drive, Suite 202, Wilmington, NC 28403 ( "Grantee ") and approved by the UNITED STATES ARMY CORPS OF ENGINEERS ( "Third Party "). The designation Grantor and Grantee as used herein shall include said parties, their heirs, successors and assigns, and shall include singular, plural, masculine, feminine or neuter as required by context. RECITALS A. Grantor owns in fee simple 636.27 acres, more or less, of property situated in Township 6, Craven County, North Carolina, as shown on that certain survey entitled `Boundary Survey and Conservation Easement for WNR Company, Brice Creek Wetland Mitigation Bank, a Portion of Craven 35" and dated September 4, 2012" prepared by Bell and Phillips Surveying, PLLC, and recorded in Plat Cabinet , Slide , Craven County Public Registry (hereinafter referred to as the "Property "). Grantor wishes to convey to Grantee a Conservation Easement over the Property. The property which will be subject to this Conservation Easement is more particularly described in Exhibit A attached hereto and made a part hereof and are hereinafter referred to as the "Property ". B. The Property possesses significant value as relatively natural habitat of fish, wildlife I and waterfowl and also possesses significant open space and natural values (hereinafter collectively referred to as the "Conservation Values ") of great importance to Grantor, Grantee, the residents of Craven County and the State of North Carolina. The primary purposes of this Conservation Easement are to protect and restore the headwater wetlands of Brice's Creek and to protect and maintain the wildlife habitat and other natural and open space values of the Property. The conservation of the Property will improve and maintain water quality of Brice's Creek. C. Grantee is a non - profit organization established for the purpose of promoting the preservation of ecologically valuable lands, natural and wildlife habitat, and lands with significant natural and open space values in the coastal plain of North Carolina for charitable, scientific, educational, historic and aesthetic purposes. D. Grantor desires to convey to Grantee a conservation easement placing certain limitations and affirmative obligations on the Property for the protection of wetlands, environmental and other values, and in order that the Property shall remain substantially in its natural condition forever. The purpose of this Conservation Easement is to maintain wetland and /or riparian resources and other natural values of the Property, and prevent the use or development of the Property for any purpose or in any manner that would conflict with the maintenance of the Property in its natural condition. The preservation of the Property is required by a Mitigation Banking Instrument ( "MBI ") entitled "Agreement to Establish the Brice Creek Wetland Mitigation Bank in Craven County, North Carolina USACE Action ID No. SAW- 2008 - 02310 ". The Mitigation Bank is intended to be used to compensate for unavoidable wetland impacts authorized by Section 404 Clean Water Act permits and /or Section 10 of the Rivers and Harbors Act permits. E. The wetlands, natural, open space and other characteristics of the Property, and its current use and state of improvement, are specifically described in the baseline documentation report for the Property entitled, "Baseline Documentation Report Brice's Creek — Weyerhaeuser Property" (hereinafter referred to as "Report" or "Baseline Documentation Report"), dated , 2012, and prepared by Grantee, which is the appropriate basis for monitoring compliance with the objectives of preserving the Conservation Values of the Property in its present state. The Report is not intended to preclude the use of other evidence (e.g. surveys, appraisals) to establish the present condition of the Property if there is a controversy over its use. NOW, THEREFORE, in consideration of the mutual covenants, terms, conditions, and restrictions contained herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Grantor hereby unconditionally and irrevocably grants and conveys in perpetuity a Conservation Easement on the Property to Grantee, its successors and permitted assigns, and Grantee hereby accepts this grant of a Conservation Easement of the nature and character and to the extent hereinafter set forth in, over the Property, together with the right to preserve and protect the Conservation Values thereof as described in the Recitals herein. Grantor herein declares that the Property shall be held, transferred, sold, conveyed, used and occupied subject always to the covenants, conditions, restrictions and easements hereinafter set forth, which covenants, conditions, restrictions and easements shall constitute restrictive covenants and shall be deemed to run with and burden the Property in perpetuity. To achieve these purposes, the following conditions and restrictions are set forth and the parties hereby agree as follows: ON ARTICLE L PURPOSE AND DURATION OF EASEMENT A. Purpose. The purpose of this Conservation Easement is to assure that the Property will be retained forever predominantly in its natural and open space condition for conservation purposes and it shall be so held, maintained, and used therefor. It is the further purpose of this Conservation Easement to prevent any use of the Property that will significantly impair or interfere with the preservation of said Conservation Values. Grantor intends that this Conservation Easement will restrict the use of the Property to such activities as are consistent with the Conservation Values of the Property as described in the Recitals herein. The parties hereto recognize and agree that the retained rights of Grantor described herein are consistent with such Conservation Values and purposes. B. Duration. This Conservation Easement shall be perpetual. It is an easement in gross, runs with the land, and is enforceable by Grantee against Grantor, Grantor's successors, assigns, lessees, agents, and licensees. ARTICLE IL PROHIBITED AND RESTRICTED ACTIVITIES AND RESERVED RIGHTS Subject to the Grantor's reserved rights set forth herein, the Property shall be maintained in its natural and open condition and shall be restricted from any development or use that would impair or interfere with the Conservation Values of the Property. Any activity on or use of the Property inconsistent with the purposes of this Conservation Easement is prohibited; provided, however, that all rights reserved by Grantor hereunder are considered to be consistent with the conservation purposes of this Conservation Easement and require no prior notification to or approval by Grantee unless expressly provided hereunder. Notwithstanding the foregoing, the Grantor and Grantee have no right to agree to any activity that would result in the termination of this Conservation Easement. Grantee makes no representation that the Property is suitable for any of the reserved activities and uses, or that the exercise of any reserved rights is or shall be permitted under any local, state or federal law or regulation. Without limiting the generality of the foregoing, the following activities and uses on the Property are expressly prohibited, restricted, allowed, permitted or reserved to the Grantor, as specified herein: A. Industrial and Commercial Use. Industrial or commercial uses of the Property and any right of passage, access, ingress, egress and regress to, from and across the Property for such purposes is prohibited except, however, that the following limited commercial uses of the Property and any right of passage, access, ingress, egress and regress to, from and across the Property shall be allowed so long as they are conducted in a manner consistent with the Conservation Values of this Conservation Easement: (1) Leasing and licensing of hiking, nature study, nature and environmental education tours, scientific research, and similar passive or "eco- tourist" type, commercial or recreational activities and uses of the Property; and (2) Hunting, fishing and other recreational uses as described in Article II, Section I below and the commercial leasing of the Property for hunting and fishing. 3 All such permitted activities shall be conducted in a manner consistent with and shall maintain the Conservation Values of the Property. B. Forestry. Management of timber by Grantor is allowed to the extent necessary to post and fence the Property, to facilitate the achievement of the restoration work established in the Mitigation Plan, or to protect the natural environment in areas where the forest is damaged, or has the potential to be damaged, by natural forces such as hurricane, flood, storm, fire, insects or infectious organisms. Such timber and debris clearing must be carried out in a manner that will not adversely affect the natural condition of the Property, and shall be subject to approval by the Grantee and Third Party. C. Natural Resource Restoration and Wildlife Habitat Enhancement Activities. Notwithstanding any terms contained within this Conservation Easement, Grantor may use the Property for wildlife habitat and natural community restoration and /or environmental education, research, management and enhancement purposes and may engage or contract others to engage in any activity designed to repair, restore, or otherwise enhance the natural resources found or once present on the Property, so long as such uses do not significantly diminish or impair the Conservation Values. D. Improvements, New Construction and Access Thereto. Grantor may not construct buildings and other improvements on the Property. No satellite, cell, radio or other telecommunications tower may be placed or constructed on the Property. Grantor or its successors and assigns may: (1) Construct fences and hunt stands on the Property; (2) Maintain and repair the existing soil roads and paths without the prior written consent of Grantee. Roads and paths on the Property shall be limited to permeable materials and shall be no wider than 8 feet. Paths for ingress and egress are intended for passive recreational, monitoring, and /or educational purposes only. New roads may not be constructed without the prior written approval of Grantee and Third Party. E. Signage. Display to the public of billboards, signs or advertisements is prohibited on or over the Property, except the posting of no trespassing signs, for sale signs, a sign designating the name of the Property or any hunting use of the Property, signs identifying the Conservation Values of the Property and /or identifying the Grantor as owner of the Property and /or Grantee as holder of the Conservation Easement or timber management signs. F. Dump. Dumping of nonbiodegradable substances such as chemicals and other hazardous substances, trash, garbage, waste, abandoned vehicles, appliances, machinery, tanks, or other nonbiodegradable material on the Property is prohibited. Disposal of storm debris, dead leaves, vegetative matter generated on or from the Property by depositing and burning said material in appropriate areas is allowed. Grantor and Grantee recognize that illegal dumping of refuse by third parties can occur and Grantor shall remove such material within a reasonable time through specific collection or routine clean -ups. The temporary storage of trash in receptacles for periodic off -site disposal is permitted. Land application of domestic septic effluent and /or municipal, commercial or industrial sewage sludge or liquid generated from such sources is prohibited. 4 G. Mineral Use, Excavation, Dredging. No surface mining is permitted. There shall be no commercial filling, excavation, dredging, mining or drilling; and there shall be no removal of topsoil, sand, gravel, rock, peat, minerals or other materials, and no change in the topography of the land in any manner on the Property except (a) for the purpose of combating erosion or flooding on the Property; (b) as incidental to the repair and maintenance of existing soil roads on the Property; and (c) to restore natural topography or drainage patterns. Notwithstanding the foregoing, no activity expressly permitted shall significantly impair or interfere with the Conservation Values of the Property as set forth in the Recitals hereinabove. H. Recreation. Grantor reserves the right to engage in any and all outdoor recreational activities, such as hunting and fishing, including the leasing or licensing of same to private individuals, groups or the general public and the construction of temporary or permanent deer stands, provided all such activities must be consistent with the continuing of natural conditions of the Property. I. Conveyance and Subdivision. The Property shall not be divided, partitioned, or subdivided, or conveyed except in its current configuration as a single parcel. J. Development Rights. No development rights encumbered or extinguished by this Conservation Easement shall be transferred to any other lands pursuant to a transferable development rights scheme or cluster development arrangement or otherwise. K. Quiet Enjoyment. Grantor, in accordance with its property rights, reserves to itself, its successors, and assigns, all rights accruing from its ownership of the Property, including (i) the right to engage in or permit or invite others to engage in all uses of the Property as exist on the date of this Conservation Easement that are not expressly prohibited or restricted herein and do not significantly impair or interfere with the Conservation Values of the Property as set forth in the Recitals hereinabove; and (ii) the right to sell, give, transfer or otherwise convey the Property. Without limiting the generality of the foregoing, Grantor expressly reserves for itself, its successors and assigns, invitees and licensees the right of quiet enjoyment of the Property. L. Water Quality and Drainage Pattern. There shall be no diking, draining, dredging, channeling, filling, leveling, pumping, impounding or related activities, or altering or tampering with water control structures or devices, or disruption or alteration of the restored, enhanced, or created drainage patterns, or impairing the flow or of waters or wetlands within the Property. In addition, diverting or causing or permitting the diversion of surface or underground water into, within, or out of the Property by any means; removal of wetlands; and polluting or discharging into waters, springs, seeps or wetlands is prohibited. Notwithstanding the above, both Grantor and Grantee have the right, at their respective expense, to undertake such activities consistent with the restoration of the property that are designed to maintain the natural drainage patterns, hydrology, natural plant habitat or wetland values. M. Landscape Management. Landscape alteration by the Grantor in accordance with the restoration construction activities as specified in the Detailed Mitigation Plan and approved in the NMI is allowed, provided that such alteration is consistent with restoring and /or preserving the natural condition of the Property. N. Other Reserved Rights. Grantor reserves the right to engage in all acts or uses not prohibited by the Restrictions, and which are not inconsistent with the conservation purposes of this 5 grant, the preservation of the Property substantially in its natural condition, and the protection of its environmental systems, including, but not limited to, the right to quiet enjoyment of the Property, the rights of ingress and egress, and the right to sell, transfer, gift or otherwise convey the Property, provided such sale, transfer or gift conveyance is subject to the terms of, and shall specifically reference, this Conservation Easement, and the right to use the Property as part of a wetland mitigation bank as approved in the NMI from which wetland mitigation credits are produced and conveyed to other parties. ARTICLE III. ENFORCEMENT AND REMEDIES A. Notification and Enforcement. To accomplish the objectives of this Conservation Easement, the parties are allowed to prevent any activity on or use of the Property that is inconsistent with the purposes of this Conservation Easement and to require the restoration of such areas or features of the Property that may be damaged by such activity or use. Upon any breach of the terms of this Conservation Easement by either party (the `Breaching Party ") that comes to the attention of the other party ( "Non- Breaching Party "), the Non - Breaching Party shall notify the Breaching Party in writing of such breach and whether it considers such breach to be material. The Breaching Party shall have ninety (90) days after receipt of such notice to correct the conditions constituting such breach. If a breach alleged to be a material breach by the other party remains uncured after ninety (90) days, the Non - Breaching Party may: (1) Enter and inspect the Property for the purpose of determining whether there is a breach of this Conservation Easement; and /or to (2) Institute and maintain any suits or proceedings to prevent any impairment of the Property by acts which may be unlawful or in violation of this Conservation Easement, to otherwise preserve or protect its interest in the Conservation Easement, and to seek and recover damages from any appropriate person or entity, and /or to enjoin any breach or enforce any covenant by temporary, and /or permanent injunction, either prohibitive or mandatory; and /or to (3) Require that the Property be restored promptly to the condition required by this Conservation Easement. Notwithstanding the foregoing, Grantee reserves the immediate right, without notice, to seek a temporary restraining order, injunctive or other appropriate relief if the breach of the term of this Conservation Easement is or would irreversibly or otherwise materially impair the benefits to be derived from this Conservation Easement. The Grantor and Grantee acknowledge that under such circumstances damage to the Grantee would be irreparable and remedies at law will be inadequate. Notwithstanding anything herein to the contrary, Grantor shall not have any liability for damage to the Property resulting from, or duty to restore any portion of the Property damaged by, any acts in violation of the terms of this Conservation Easement unless such acts are committed by or at the direction of Grantor. The Non - Breaching Party's remedies shall be cumulative and shall be in addition to any other rights and remedies available to the Non - Breaching Party at law or equity. Notwithstanding the foregoing provisions, if the Non - Breaching Party, in its sole, but reasonable, discretion, determines that circumstances require immediate action to prevent or mitigate significant damage to the Conservation rr Values of the Property, the Non - Breaching Party may pursue its remedies without prior notice to the Breaching Party, but shall exercise reasonable efforts to promptly notify the Breaching Party. B. Inspection. The Grantee, its employees, agents and its successors and assigns, and Third Party shall have the right, with prior notice to Grantor, to enter the Property at reasonable times and in reasonable numbers of persons for the purpose of inspecting and monitoring the Property to determine whether Grantor or its assigns are complying with the terms, conditions and restrictions of this Conservation Easement. Grantee accepts all liability without limitation arising out of its use of the Property, including but not limited to Grantee's employees, consultants, or invitees while on the Property, except harm caused by Grantor's gross negligence. C. Acts Beyond the Grantor's Control. Nothing contained in this Conservation Easement shall be construed to entitle the Grantee to bring any action against Grantor nor constitute a breach by Grantor, for any injury to, change in, or any condition or use of the Property caused by third parties, resulting from causes beyond the Grantor's control, including, without limitation, fire, flood, storm, and earth movement, or from any prudent action taken in good faith by Grantor under emergency conditions to prevent, abate, or mitigate significant injury to life, damage to property or harm to the Property resulting from such causes. Grantor shall be under no duty to repair any damage resulting from any such acts or causes. D. Costs of Enforcement. All costs incurred by the Non - Breaching Party in enforcing the terms of this Conservation Easement against the Breaching Party, including, without limitation, costs of suits, attorney's fees and any costs of restoration necessitated by the Breaching Party's acts or omissions in violation of the terms of this Conservation Easement, shall be borne exclusively by the Breaching Party to the extent that the Breaching Party is judicially determined to have failed to comply with the terms of this Conservation Easement. E. No Waiver. Enforcement of this Conservation Easement shall be at the discretion of the parties and any forbearance by a party to exercise its rights hereunder in the event of any breach of any term set forth herein shall not be deemed or construed to be a waiver by such party of such term or of any subsequent breach of the same or of any other term of this Conservation Easement or of such party's rights hereunder. No delay or omission by a party in the exercise of any right or remedy shall impair such right or remedy or be construed as a waiver thereof. ARTICLE IV. THIRD -PARTY RIGHTS Grantor and Grantee agree that third -party rights of enforcement shall be held by Third Party and that these rights are in addition to, and do not limit, the rights of the parties to the Mitigation Banking Instrument. ARTICLE V. NO PUBLIC ACCESS The granting of this Conservation Easement does not convey to the public the right to enter the Property for any purpose whatsoever and the public shall have no such right of access with or without the permission of Grantee unless Grantor by written consent conveys such access to the public. Grantor reserves the right to exclude the public from the Property and reserves all rights of a land owner under North Carolina law to deal with persons on the Property without Grantor's written consent. However, this Conservation Easement does not restrict any public right to view the Property 7 from adjacent publicly accessible areas. Grantor may erect "no trespassing" signs and enforce trespass laws with respect to the Property. Grantee has no right to permit any party to enter the Property except as provided in Article III, Section B hereof. Notwithstanding the foregoing, if Grantor conveys access to the Property to the public, such uses by the public shall be subject to the terms of this Conservation Easement. ARTICLE VI. EXHIBIT, DOCUMENTATION AND TITLE A. Legal Description. Exhibit A to this Conservation Easement contains the legal description of the Property that is subject to this Conservation Easement, which Exhibit A is attached hereto and made a part hereof. B. Easement or Baseline Documentation Report. The parties acknowledge that the Baseline Documentation Report, prepared by the Grantee, a copy of which is on file at the offices of the Grantee, accurately establishes the uses, Conservation Values and condition of the Property as of the date hereof. Grantee acknowledges and agrees that (i) the Grantor's uses and the Conservation Values of the Property and (ii) the condition of the Property as of the date hereof comply with the terms and conditions of this Conservation Easement. C. Title. The Grantor covenants and represents that the Grantor is the sole owner of and is seized of the Property in fee simple and has good right to give, grant and convey this Conservation Easement; that the Property is free and clear of any and all encumbrances, except for the exceptions listed in Exhibit B attached hereto and incorporated herein by reference, easements, implied easements, easements arising by legal implication, leases of record, and prescriptive rights of third parties (collectively, "Permitted Exceptions "); and Grantor covenants that the Grantee shall have the use of and enjoy all of the benefits derived from and arising out of this Conservation Easement. ARTICLE VII. MISCELLANEOUS A. Subsequent Transfers. Grantor, its successors and assigns, shall notify Grantee and Third Party in writing of the name(s) and address(es) of any party to whom the Property, or any part thereof or interest therein, is to be transferred and such other documentation as Grantor's professional advisors shall deem reasonably necessary at or prior to the time said transfer is consummated. Grantor, for itself and its successors and assigns, agrees to incorporate by reference the terms of this Conservation Easement in any deed, lease or other legal instrument by which it transfers or divests itself of any interest, including leasehold interests, in all or a portion of the Property. Failure of Grantor to comply with this Paragraph shall not impair the validity of this Conservation Easement as to successor owners or limit its enforceability in any way, nor shall Grantor's failure to comply with this Paragraph constitute a default under this Conservation Easement. Grantor agrees that the Conservation Easement is assignable by Grantee in whole, but not in part, upon Grantor's prior written consent, which shall not be unreasonably withheld, conditioned or delayed, and Grantee agrees to notify Grantor in writing of any assignment made by Grantee upon such assignment occurring and shall provide Grantor together with such notice the following: a copy of the proposed assignment; the name, address, telephone number and principal contact of the assignee; and documentation which verifies that the assignee is a "qualified organization" within the meaning of Section 170(h)(3) of the Code and such other documentation as Grantor's professional advisors shall deem reasonably necessary. 8 B. Conservation Purpose. (1) Grantee, for itself, its successors and assigns, agrees that this Conservation Easement shall be held exclusively for conservation purposes, as defined in Sections 170(h)(4)(A) and 203 1 (c)(8)(B) of the Internal Revenue Code. (2) Grantor and Grantee agree that the donation of this Conservation Easement gives rise to a property right, immediately vested in Grantee, with a fair market value equal to the proportionate value that the Conservation Easement bears to the value of the Property as a whole as determined by an appraisal prepared by an MAI certified appraiser, which appraisal shall be based on the hypothetical condition that the highest and best use of the Property as a whole is commercial forestland and shall establish a value of the Property as if it were commercial forestland. Grantor and Grantee agree that such value of the Conservation Easement shall exclude any value attributable to Grantor's wetland mitigation credits and hereby assign a proportionate value of fifty percent (50 %) to the Conservation Easement interest. That proportionate value of the Grantee's property rights shall remain constant. If a change in conditions occurs which makes impossible or impractical any continued protection of the Property for conservation purposes, the restrictions contained herein may only be extinguished by judicial proceeding. Upon such proceeding, the Grantee, upon a subsequent sale, exchange or involuntary conversion of the Property, shall be entitled to a portion of the proceeds at least equal to that proportionate value of the Conservation Easement. The Grantee shall use its share of the proceeds in a manner consistent with the conservation purposes set forth in the Recitals herein. (3) If all or any part of the Property is taken under the power of eminent domain by public, corporate, or other authority, or otherwise acquired by such authority through a purchase in lieu of a taking, Grantor and Grantee shall join in appropriate proceedings at the time of such taking to recover the full value of their respective interests in the Property subject to the taking and all incidental or direct damages resulting from the taking, unless applicable law provides that Grantor is entitled to the full proceeds from the taking, sale or conversion without regard to the terms of this Conservation Easement. All expenses reasonably incurred by the parties to this Conservation Easement in connection with such taking shall be paid out of the recovered proceeds. The respective rights of the Grantor and Grantee set forth in this subsection shall be in addition to, and not in limitation of, any rights they may have at law. (4) The parties hereto recognize and agree that the benefits of this Conservation Easement are in gross and assignable as provided herein; provided however, that the Grantee hereby covenants and agrees that in the event it transfers or assigns this Conservation Easement, the organization receiving the interest will be a qualified organization as that term is defined in Section 170(h)(3) of the Internal Revenue Code of 1986 (or any successor section) and the regulations promulgated thereunder, which is organized or operated primarily for one of the conservation purposes specified in Section 170 (h)(4)(A) of the Internal Revenue Code, and Grantee further covenants and agrees that the terms of the transfer or assignment will be such that the transferee or assignee shall be bound by the terms of this Conservation Easement. C. Construction of Terms. This Conservation Easement shall be construed to promote the purposes of the North Carolina enabling statute set forth in N.C.G.S. Section 121 -34, which authorizes D: the creation of conservation easements for purposes including those set forth in the Recitals herein, and the conservation purposes of this Conservation Easement, including such purposes as are defined in Sections 170(h)(4)(A) and 203 1 (c)(8)(B) of the Internal Revenue Code. D. Entire Agreement. This instrument sets forth the entire agreement of the parties with respect to the Conservation Easement and supersedes all prior discussions, negotiations, understandings or agreements relating to the Conservation Easement. E. Recording. Grantee shall record this instrument and any amendment hereto in the official land records of Craven County, North Carolina, and may re- record it at any time as may be required to preserve its rights under this Conservation Easement. F. Hazardous Waste. To the best of Grantor's knowledge, Grantor represents that no hazardous substance or toxic waste under any applicable rule and regulations exists on the Property nor has any been generated, treated, stored, used, disposed of, or deposited in or on the Property, and that there are not now any underground storage tanks located on the Property. Grantor, its successors and assigns shall indemnify, defend, reimburse and hold harmless Grantee, its successors and assigns, from and against any and all environmental damages arising from the presence of Hazardous Materials upon, about or beneath the Property or migrating to or from the Property and arising out of Grantor's, its successors' or assigns' violation of any environmental requirements pertaining to the Property and any activities now or hereafter conducted thereon by Grantor, its successors and assigns. G. Notices and Consent. Unless otherwise provided herein, all notices or other communications which may be or are required to be given or made by any party to the other under this Conservation Easement shall be in writing and shall be deemed to have been properly given and received on the date deposited in the United States mail, registered or certified, return receipt requested, addressed to the parties as set out below or to such other address(es) as either party may establish by written notice to the other delivered in accordance herewith. To Grantor: Ms. Alissa Cale, Weyerhaeuser NR Company 1785 Weyerhaeuser Road Vanceboro, NC 28586 Telephone: (252) 791 -3215 To Grantee: North Carolina Coastal Land Trust 131 Racine Drive, Suite 202 Wilmington, NC 28403 Telephone: (910)790 -4524 Facsimile: (910)790 -0392 To Third Party: Mr. Raleigh Bland U.S. Army Corps of Engineers Regulatory Division 2407 West Fifth Street Washington, NC 27889 10 In any case where the terms of this Conservation Easement require the consent of any party, such consent shall be requested by written notice. Such consent shall be deemed to have been given unless, within forty -five (45) days after receipt of notice, a written notice of disapproval and the reason therefore has been mailed to the party requesting consent. H. Amendments. If circumstances arise under which an amendment to or modification of this Conservation Easement would be appropriate, Grantor and Grantee are free to jointly amend this Conservation Easement with permission of Third Party to meet changing conditions, provided that no amendment will be allowed that is inconsistent with the purposes of this Conservation Easement; affects the perpetual duration of this Conservation Easement; and any amendment must be in writing and signed and acknowledged by Grantor and Grantee, or their respective successors and assigns. Such amendment(s) shall be effective upon recording in the office of public land records of Craven County, North Carolina. I. Present Condition of the Property. The natural characteristics of the Property and its current use and state of improvement are described in the Baseline Documentation Report referenced above prepared by Grantee and acknowledged by the Grantor and Grantee to be complete and accurate as of the date hereof. Both Grantor and Grantee have copies of this Report. It will be used by the parties to assure that any future changes in the use of the Property will be consistent with the terms of this Conservation Easement. However, this Report is not intended to preclude the use of other evidence to establish the present condition of the Property if there is any dispute with respect to its use. J. Applicable Law and Interpretation. This Conservation Easement shall be construed under the laws of the State of North Carolina, and any ambiguities herein shall be resolved so as to give maximum effect to the conservation purposes sought to be protected herein. K. Binding Effect. The covenants agreed to and the terms, conditions, restrictions and purposes imposed in this Conservation Easement shall be binding upon Grantor, Grantor's successors and assigns and shall continue as a servitude running in perpetuity with the Property. L. Invalidity. The invalidity of any provision (or portion thereof) of this Conservation Easement shall not be deemed to impair or affect in any manner the validity or enforceability or effect of the remaining provisions (or portions thereof) of this Conservation Easement, and in such event, all of the other provisions of this Conservation Easement shall continue in full force and effect as if such invalid provision had never been included herein and the application of such provision to persons or circumstances other than those as to which it is found to be invalid, shall not be affected thereby. M. Captions. The captions herein are only for convenience and reference and do not define, limit or describe the scope of this Conservation Easement, or the intent of any provision hereof. N. Interpretation. Whenever appropriate the singular may be read as plural, and plural may be read as singular, and the masculine gender may be read as the feminine or neuter gender. O. Taxes and Assessments. The Grantor shall pay any real estate taxes, ad valorem, deferred land -use or roll -back taxes and all other tax assessments of whatever kind and nature assessed or levied against the Property. 11 P. No Extinguishment by Merger. The Grantor and Grantee agree that the terms of this Conservation Easement shall survive any merger of the fee and easement interests in the Property. Q. Mediation. If a dispute arises between the parties concerning the consistency of any proposed use or activity with the purpose or terms of this Conservation Easement that they cannot resolve through unassisted consultation between themselves, and Grantor agrees not to proceed with, or shall discontinue, the use or activity pending resolution of the dispute, either party may refer the dispute to mediation by request made in writing upon the other. Within ten (10) days of the receipt of such a request, the parties shall select a single trained and impartial mediator. If the parties are unable to agree on the selection of a single mediator, then the parties within fifteen (15) days of the receipt of the initial request shall jointly apply to a proper court for the appointment of a trained and impartial mediator. Mediation shall then proceed in accordance with the following guidelines: (1) Purpose. The purpose of the mediation is to (i) promote discussion between the parties; (ii) assist the parties to develop and exchange pertinent information concerning the issues in dispute; and (iii) assist the parties to develop proposals that enable them to arrive at a mutually acceptable resolution of the controversy. The mediation is not intended to result in any express or de facto modification or amendment of the terms, conditions or restrictions of this Conservation Easement. (2) Participation. The mediator may meet with the parties and their counsel jointly or ex parte. The parties agree that they will participate in the mediation process in good faith and expeditiously, attending all sessions scheduled by the mediator. Representatives of both parties with settlement authority will attend mediation sessions as requested by the mediator. (3) Confidentiality. All information presented to the mediator shall be deemed confidential and shall be disclosed by the mediator only with the consent of the parties or their respective counsel. The mediator shall not be subject to subpoena by any party. No statements made or documents prepared for mediation sessions shall be disclosed in any subsequent proceeding or construed as an admission of a party. (4) Time Period. Neither party shall be obligated to continue the mediation process beyond a period of ninety (90) days from the date of receipt of the initial request or if the mediator concludes that there is no reasonable likelihood that continuing mediation will result in a mutually agreeable resolution of the dispute. (5) Costs. The cost of the mediator shall be borne equally by the Grantor and Grantee; the parties shall bear their own expenses, including attorney's fees, individually. R. Indemnity. Grantee, and its successors and assigns, agrees to the fullest extent permitted by law, to defend, protect, indemnify and hold harmless Grantor from and against all claims, actions, liabilities, damages, fines, penalties, costs and expenses suffered as a direct or indirect result of any violation of any federal, state, or local environmental law by Grantee after the date hereof related to hazardous substance, waste or other regulated material in, on or under the Property. S. Subsequent Liens and Transfers. No provisions of this Conservation Easement shall be construed as impairing the ability of Grantor to use the Property for collateral for borrowing purposes, 12 provided that any mortgage or lien arising therefrom shall be subordinated to this Conservation Easement. The Property owner shall not convey the Property or any interest therein, and shall not incur, assume, or suffer to exist any lien upon or with respect to the Property without disclosing to the prospective buyer the Conservation Easement and the obligations of the Property owner and limitations on use of the Property. T. Transfer of Conservation Easement. Subject to the Grantor's reasonable written consent, of the proposed transferee, which consent shall not be unreasonably withheld, conditioned or delayed, the Grantee shall have the right to transfer this Conservation Easement to any public agency or private nonprofit organization that, at the time of transfer, is a qualified organization under §170(h) of the U.S. Internal Revenue Code, as amended and under NCGS 121 -34 et seq., provided the agency or organization expressly agrees to assume the responsibility imposed on the Grantee by this Conservation Easement. As a condition of such transfer, Grantee shall require that the conservation purposes advanced hereunder shall continue to be carried out. The transfer or assignment shall be made in a writing signed by the parties and the transferee or assignee, and recorded in the Craven County Registry. If the Grantee ever ceases to exist or no longer qualifies under §170(h) of the U.S. Internal Revenue Code, or applicable law, a court with jurisdiction shall transfer this Conservation Easement to another qualified organization having similar purposes that agrees to assume the responsibility imposed by this Conservation Easement. Any expenses relative to such transfer shall be at Grantee's expense. TO HAVE AND TO HOLD a Conservation Easement on the Property unto Grantee, its successors and assigns, forever. And the Grantor covenants with the Grantee that Grantor is seized of the Property in fee simple, has the right to convey this Conservation Easement to the Grantee, that title is marketable and free and clear of all encumbrances, and that the Grantor will warrant and defend the title against the lawful claims of all persons whomsoever except for the Permitted Exceptions and any other exceptions set forth in this Conservation Easement. IN WITNESS WHEREOF, Grantor has caused this instrument to be executed in its name by authority duly given and Grantee has caused this instrument to be executed in its name by authority of its Board of Directors, the day and year first above written. SIGNATURES ON FOLLOWING PAGE 13 [Corporate Seal] NORTH CAROLINA COUNTY :• GRANTOR: WEYERHAEUSER NR COMPANY Printed Name Title I, , Notary Public in and for the County and State aforesaid, certify that personally came before me this day and acknowledged that s /he is of Weyerhaeuser, and being authorized to do so, executed the forgoing on behalf of the corporation. Witness my hand and official seal or stamp this day of , 2012. NOTARY PUBLIC Print Name: My commission expires: 14 (Notary Seal) GRANTEE: [Corporate Seal] NORTH CAROLINA COASTAL LAND TRUST NORTH CAROLINA NEW HANOVER COUNTY Printed Name Title I, , Notary Public in and for the County and State aforesaid, certify that personally came before me this day and acknowledged that he is President of North Carolina Coastal Land Trust, and being authorized to do so, executed the forgoing on behalf of the corporation. Witness my hand and official seal or stamp this day of 2012. NOTARY PUBLIC Print Name: My commission expires: 15 (Notary Seal) EXHIBIT A TO CONSERVATION EASEMENT LEGAL DESCRIPTION OF THE PROPERTY SUBJECT TO THE CONSERVATION EASEMENT BEING all of those certain tracts shown and delineated as " " on that certain map entitled " , dated 2012, recorded in Map or Plat Book , Page , Craven County Registry, reference to which is hereby made for a more perfect description of the aforesaid 16 EXHIBIT B TO CONSERVATION EASEMENT EXCEPTIONS 1. Craven County ad valorem taxes for the year 2011, and all subsequent years, which shall remain the responsibility of the Grantor, its, successors and assigns; and 2. All general service and utility easements of record in the Craven County Registry; 3. Such matters disclosed on that survey entitled in part, prepared by , Professional Land Surveyor, dated and recorded in Plat Cabinet , Slide Craven County Public Registry. 4. Title to that portion of the land lying below the high water mark of Brice's Creek. 5. Laws of the State of North Carolina or any other governmental agency relating to wetlands and /or waterfront property. 6. Riparian rights of others in and to creeks, ditches, canals, marshes and other water courses on the land, including, but not limited to, Brice's Creek. AND ADDITIONAL EXCEPTIONS TO BE DETERMINED AFTER TITLE WORK RECEIVED. 17