20060447 Ver 3_Mitigation Receipt_20200917

Wildlands Holdings II, LLC · Wildlands Engineering, Inc · 1430 South Mint Street, Suite 104, Charlotte, NC 28203

Mitigation Credit Transfer Certificate

September 17, 2020

Olde Towne WEH, LP
56 Hunter Street
Apex, NC 27502
Attn: Mr. Eric Rifkin

RE: Bank Name: Neuse 01 Umbrella Mitigation Banking Instrument (UMBI)
Bank Site: Buck Swamp Nutrient Offset & Riparian Buffer Bank
Bank Sponsor: Wildlands Holdings II, LLC
DWR Project #: 2012-0144
Riparian Buffer Credits Purchased: 11,363 sq. ft.
Neuse 03020201 River Basin
Project name: Olde Towne Mixed-use Development
Applicable Local Government/Municipality Jurisdiction: NCDWR

Dear Mr. Rifkin,

You have elected to fulfill your permitted riparian buffer offset mitigation requirements for the above-
mentioned project by paying into the WEI – Neuse 01 Umbrella Mitigation Banking Instrument (UMBI)
– Buck Swamp Nutrient Offset & Riparian Buffer Bank sponsored by Wildlands Holdings II, LLC, wholly
owned by Wildlands Engineering, Inc. (“The Bank”).

The applicant has received an authorization certificate for riparian buffer impacts and is required to
mitigate as part of the Consolidated Mitigation Rules 15A NCAC 02B .0295. Payment into a private
mitigation bank is acceptable per this rule. NCDWR specified and verified the amount of the riparian
buffer offset necessary for approval of the permit as 11,363 sq. ft. of Buffer Mitigation credits.

Wildlands Holdings II, LLC has receipt of a copy of the 401 Water Quality Certification Authorization
Certificate from the NC Department of Environmental Quality approving the Riparian Buffer mitigation
purchase from the Bank. The Bank has received full payment for mitigation for the above referenced
project.

You must also comply with any other state, federal or local government permits or authorization
associated with this activity including SL 2009-337, and Act to Promote Compensatory Mitigation Banks.
This payment into the Bank is not transferable.

If you have any questions regarding the purchase of these credits, please contact me at [phone]
x124 or [e-mail].

Wildlands Holdings II, LLC · Wildlands Engineering, Inc · 1430 South Mint Street, Suite 104, Charlotte, NC 28203
Sincerely,

Ashley N. Yarsinske
Wildlands Engineering, Inc.
Marketing & Credit Sales
[e-mail]
O: [phone] ext. 124
M: [phone]

Cc: Ms. Katie Merritt, NC Division of Water Resources (bi-annually)
Ms. Jennifer Burdette, Sr. Environmental Consultant, Water Resources, McAdams

9/17/2020Wildlands Holdings III, LLCRobert W. Bugg
USAGE Wilmington District
Compensatory Mitigation Responsibility Transfer Form, Page 2
Conditions for Transfer of Compensatory Mitigation Credit:
• Once this document has been signed by the Mitigation Sponsor and the USACE is in receipt of the signed form,
the Permittee is no longer responsible for providing the mitigation identified in this form, though the Permittee
remains responsible for any other mitigation requirements stated in the permit conditions.
• Construction within jurisdictional areas authorized by the permit identified on page one of this form can begin
only after the USACE is in receipt of a copy of this document signed by the Sponsor, confirming that the Sponsor
has accepted responsibility for providing the mitigation requirements listed herein. For authorized impacts
conducted by the North Carolina Department of Transportation (NCDOT), construction within jurisdictional
areas may proceed upon permit issuance; however, a copy of this form signed by the Sponsor must be provided
to the USACE within 30 days of permit issuance. NCDOT remains fully responsible for the mitigation until the
USACE has received this form, confirming that the Sponsor has accepted responsibility for providing the
mitigation requirements listed herein.
• Signed copies of this document must be retained by the Permittee, Mitigation Sponsor, and in the USACE
administrative records for both the permit and the Bank/1LF Instrument. It is the Permittee's responsibility to
ensure that the USACE Project Manager (address below) is provided with a signed copy of this form.
If changes are proposed to the type, amount, or location of mitigation after this form has been signed and
returned to the USACE, the Sponsor must obtain case -by -case approval from the USAGE Project Manager
and/or North Carolina Interagency Review Team (NCIRT). If approved, higher mitigation ratios may be applied,
as per current District guidance and a new version of this form must be completed and included in the USACE
administrative records for both the permit and the Bank/ILF instrument.
Comments/Additional Conditions: This mitigation responsibility transfer form is for the phase one mitigation
payment for the Olde Towne mixed -use development, in accordance with special condition 18 of the standard
permit, and the phased mitigation table below:
Phase Number
Impact Areas
Mitigation Required
Mitigation Payment
Deadline
1
H and 1
0.137 acre of
October 26, 2020
wetland credit
or prior to impacts
taking place,
whichever occurs
first
2
A, B, C, D, E
531 If of stream and
December 31, 2027
0.67 acre of
or prior to impacts
wetland credits
taking place,
whichever occurs
first
Page 2 of 3
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-.//regulatory.usacesurvey.com/ to complete the survey online.

U.S. ARMY CORPS OF ENGINEERS
Wilmington District
This form is not valid unless signed below by the USACE Project Manager and by the Mitigation Sponsor on Page
1 Once signed, the Sponsor should provide copies of this form along with an updated bank ledger to: 1)
the Permittee, 2) the USACE Project Manager at the address below, and 3) the Wilmington District Mitigation
Office, Attn: Todd Tugwell, 3331 Heritage Trade Drive, Suite 105, Wake Forest, NC 27587 (email:
[e-mail]. Questions regarding this form or any of the permit conditions may be directed to
the USACE Project Manager below,
USACE Project Manager: James Lastinger
USACE Field Office: Raleigh Regulatory Field Office
US Army Corps of Engineers
3331 Heritage Trade Drive, Suite 105
Wake Forest, NC 27587
Email: [e-mail]
USACE Project Manager Signature
September 14.2024 _
Date of Signature
Current Wilmington District mitigation guidance, including information on mitigation ratios, functional assessments,
and mitigation bank location and availability, and credit classifications (including stream temperature and wetland
groupings) is available at htti3.Hdbits.usace.army.mil.
Page 3 of 3
Form Updated 14 September 2017