HomeMy WebLinkAbout20141149 Ver 7_Credit Release Task 5_20200526
May 26, 2020
DWR Project #: 2014-1149v7
George Howard Alamance County
Restoration Systems, LLC
1101 Haynes Street, Suite 211
Raleigh, NC 27604
(via electronic mail: george@restorationsystems.com )
Re: RS Haw River Subwatershed – Phase 1 Neuse Buffer & Nutrient Offset Umbrella
Mitigation Banking Instrument (UMBI)
Orphan Creek Bank Parcel Credit Release – Task 5
Dear Mr. Howard:
On March 17, 2020, the Division of Water Resources (DWR) received a Year 2 Monitoring Report
for the subject site from Restoration Systems, LLC (RS). Overall, site conditions appear to look
good and vegetation data results show stem densities higher than the required 260 stems/acre
throughout most of the site. Additionally, no encroachment within the easement boundaries
was noted in the report. Three transects and the corresponding vegetation data was to be
including in the Year 2 Monitoring Report but were missing. RS acknowledged the error and
will submit transect data with the Year 3 monitoring report.
DWR received a continuation certificate for performance bond (#22BSBHY3328) in the amount of
$100,000 issued to RS from Hartford Fire Insurance Company, to cover monitoring and maintenance
at the subject site. The term of this bond applies from March 18, 2020 and ends with the approval of
the Year 3 Monitoring Report by DWR. Future credit releases will be dependent on both the renewal
of this performance bond and the annual monitoring reports.
In accordance with the UMBI and BPDP, signed on October 25, 2017 and approved on January 22,
2018 respectively, the following Project Milestones have been met and the corresponding credits
shall be released:
Task/Milestones Credit
5) Monitoring Report #2: Approved by the DWR 10%
TOTAL: 10%
Orphan Creek Site
Restoration Systems
May 26, 2020
Page 2 of 2
RS has satisfied the above requirements for the above-referenced tract. Therefore, 10% of your
Jordan Lake riparian buffer Restoration credits (0.10 x 196,725.78 ft2 = 19,672.58 ft2) and 10% of
your Jordan Lake riparian buffer Enhancement credits (0.10 x 37,843.45 ft2 = 3,784.35 ft2) are now
released.
Additionally, 10% of your generated nitrogen (N) offset credits (0.10 x 494.86 = 49.49 lb-N) and
10% of your generated phosphorus (P) credits (0.10 x 31.64 = 3.16 lb-P) are now released.
Generated credits are credits that have not been applied to the appropriate delivery factor .
The delivery factors applied to this bank due to its location in the 14-digit HUC 03030002050050 are
74% for nitrogen and 66% for phosphorous. Therefore, the total amounts of delivered nutrient offset
credits for this site are 366.20 lb-N and 20.88 lb-P. By copy of this correspondence, 10% of your
delivered nitrogen offset credits (0.10 x 366.20 lb-N = 36.62 lb-N) and 10% of your delivered
phosphorus credits (0.10 x 20.88 = 2.09 lb-P) are now available for sale.
Please note that only the delivered nutrient offset credits can be sold from this bank and used
for impacts in the Haw River Arm of Jordan Lake within the Cape Fear River Basin.
Additionally, riparian buffer credits can only be used to offset impacts located in the Haw
River Sub Watershed of Jordan Lake according to 15A NCAC 02B .0295, which became
effective on November 1, 2015.
Please feel free to call Katie Merritt at (919) 707-3637 if you have any questions regarding this
correspondence.
Sincerely,
Katie Merritt
401 & Buffer Permitting Branch
cc:File Copy (Katie Merritt)
Tiffani Bylow – RS (via electronic Mail)