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HomeMy WebLinkAbout20100162 Ver 1_Minor Variance_20100301._ t Beverly Eaves Perdue Governor ATA WNE R North Carolina Department of Environment and Natural Resources Division of Water Quality Coleen H. Sullins Director 2.o10 -6 !6 Z EXPRESS MAR 0 1 2010 SIC DIES Dee reeman Secretary Variance Request Form - for Minor Variances Protection and Maintenance of Riparian Areas Rules NOTE. This form maybe photocopied for use as an original. Please identify which Riparian Area (Buffer) Protection Rule applies. VNeuse River Basin: Nutrient Sensitive Waters Management Strategy Protection and Maintenance of Riparian Areas Rule (15A NCAC 02B .0233) o Tar-Pamlico River Basin: Nutrient Sensitive Waters Management Strategy Protection and Maintenance of Riparian Areas Rule (15A NCAC 0213.0259) o Catawba River Basin: Protection and Maintenance of Existing Riparian Buffers (15A NCAC 02B.0243) Part 1: General Information (Please include attachments if the room provided is insufficient.) 1. Applicant's name (the corporation, individual, eta. who owns the property): 2. Print Owner/Signing Official (person legally responsible for the property and its compliance) Name: X407- Czxvd 14 ? A,, E>, f vcu,'--? Title: cxuw ?/? Street address: ioi moN cAAH avCA.0 City, State, Zip: A teP - .NC- 2NS5-44 Telephone: i 7-f ;A --4, 71-3-9 7A Fax: ` 3. Contact person who can answer questions about the proposed project: Name: Ja An-zw u? Telephone: x? } w, t -Zo2'L Fax: (may } (? j$ 767 Email: We,- 14 yak&L? 4. Project Name (Subdivision, facility, or establishment name - consistent with project name on plans, specifications, letters, operation and maintenance agreements, etc.): Version 4: July 2009 1 I Z STo.-C-Rc'_ ? CVq;vs AI) L. L 5. Project Location: Street address: __ t iz S ; v,,.6w u Cr fLc _e City, State, Zip: aw 11 Fla-ti Al c Z.g S-6 2 ,R-A V& Latitude/longitude, 6. Date property was purchased: 1 f Z Zoo°? 7. Is your project in one of the oastal Counties covered under the Coastal Area Management Act (CAMA) . YE O r 7a. If you answered yes to question 1, in which AEC do you fall (30 ft or 75 ft) ? 3 0 , 7b. What is the total percent of impervious cover that you have proposed within the AEC? Q (Fill in the blank). 8. Directions to site from nearest major intersection (Also, attach an 8 Yx 11 copy of the USGS topographic map indicating the location of the site): .jEc A77,44, .Q O/2FG/o.V'" 9. Stream to be impacted by the proposed activity: Stream name (for unnamed streams label as "UT" to the nearest named stream): 9A(C_ES 4- Stream classification [as identified within the Schedule of Classifications 15A NCAC 213.0315 (Neuse) or.0316 (Tar-Pamlico)]: 10. Which of the following permits/approvals will be required or have been received already for this project? Required: Received: Date received: Permit Type: CAMA Major CAMA Minor 401 Certification/404 Permit On-site Wastewater Permit NPDES Permit (including stormwater) Non-discharge Permit Water Supply Watershed Variance Others (specify) Part 2: Proposed Activity (Please include attachments if the room provided is insufficient) 1. Description/purpose of proposed activity [Also, please attach a map of sufficient detail (such as a plat map or site plan)-to accurately delineate the boundaries of the land to be utilized in carrying out the activity, the location and dimension of any disturbance in the riparian buffers associated with the activity, and the exteht of riparian buffers on the land. Include the area of buffer impact in W.]: '7 i 5 F Variance Request Form, page 2 Version 4: July 2009 2. State reasons why this plan for the proposed activity cannot be practically accomplished, reduced or reconfigured to better minimize or eliminate disturbance to the riparian buffers: 5-rg,c.71,z /5 ALRE?G> Lyi?JOGL?%G 4e-eo t- /n,4,06 /nI CV,-,4 C-7Z q 2-oC471I11671 ZUNI 2 .?UfLFi/2 ST2t>GT/ilLG jnl?NGsED ??FL?.'L /3y 75-sF• 3. Description of any best management practices to be used to control impacts associated with the proposed activity (i.e., control of runoff from impervious surfaces to provide diffuse flow, re-planting vegetation or enhancement of existing vegetation, etc.): EX/Si/N6 ?LAG;?, luTi2?/l5 ?fliu J l-C>/41d/?SFbG Y DiSG?/Ai:{aES ?v/ZL ±? ?i,2EGTC J Gr?iS/!'E Gs= T.vL= $?`?ER Ati LA.vo5cr9Pi,v G 4-'1•-z 4. Please provide an explanation of the following: (1) The practical difficulties or hardships that would result from the strict application of this- Rule. ?/U le- (2) How these difficulties or hardships result from conditions that are unique to the property involved 1--eS L, tYj 7& /A el (3) If economic hardship is the major consideration, then include a specific explanation of the economic hardships and the proportion of the hardship to the entire value of the project. .O?51rv ion of Ti/E ??c?.2 G?'ANC? L G ??v ? .? E6i?T >(/?i?r? ?i rw'C. ®G ii?F -?9E ?fS Gdf-GG- /Q.5 12E5r1c-E l/A?vE, Part 3: Deed Restrictions By your signature in Part 5 of this application, you certify that all structural stormwater best management practices required by this variance shall be located in recorded stormwater easements, that the easements will run with the land, that the easements cannot be changed or deleted without concurrence from the State, and that the easements will be recorded prior to the sale of any lot. Part 4: Agent Authorization If you wish to designate submittal authority to another individual or firm so that they may provide information on your behalf, please complete this section: Designated agent (individual or firm): ?Ji4rx.? ?/Li,?I/ti Mailing address: /6!o paw ""611?r/ GT- City, State, Zip: Nfw 6C44U /JC OO-! eO Z. Telephone: Z.SZ -&71- ZL 2Z u; ,%e Variance Request Form, page 3 Version 4: July 2009 Fax: •ZS Z -&-3e-:3-o-7--5- Email: ?ek?betn6u I??r/? ? - C-0 Part 5: Applicant's Certification I, (print or type name of person listed in Part I, Item 2), certify that the information included on this permit application form is correct, that the project will be constructed in conformance with the approved plans and that the deed restrictions in accordance with Part 5 of this form will be recorded with all required permit conditions. Signature: Date: Title: Variance Request Form, page 4 Version 4: July 2009 Driving Directions from Washington, North Carolina to 112 Stonewall Cir New Bern, North Carolina Page 1 of 2 J MAPOUE'ST Sorry! When printing directly from the browser your directions or map may not print correctly. For best results, try clicking the Printer-Friendly button. Starting Location Ending Location Washington, NC 112 Stonewall Cir New Bern, NC 28562-8997 Total Travel Estimate: 54 minutes / 44.02 miles Fuel Cost: Calculate MAPQYEST 11 903 Grime s.land e ., o Wintervitle t Start out going NORTHEAST on N MARKET ST toward US-264/NC- 92M R BILL ROBERSON JR HWYIE 5TH ST. Turn LEFT onto US-264/NC-92/W R 2 BILL ROBERSON JR HWY/W 5TH ST. 0 Sayboro rn 0.0 mi 0.4 mi http://www.mapquest.com/maps?lc=Washington&ls=NC&Iy=US&11=35.546398&lg=-77.052498.._ 2/24/2010 , Driving Directions from Washington, North Carolina to 112 Stonewall Cir New Bern, North Carolina Page 2 of 2 sc t . 3 Turn LEFT onto US-17/N BRIDGE 16.4 mi ST. Continue to follow US-17 S. Turn yt7 `? BYP SLIGHT LEFT onto US-17 3.5 mi Turn SLIGHT LEFT onto US-17 °1T 5. S/NC-43 S. Continue to follow US- 15.8 mi 17S. fir si 6' Merge onto S-70 E toward 5.0 mi HA VELOCK 1+ 7. Turn RIGHT onto W THURMAN RD. 0.2 mi 8 Turn RIGHT to stay on W 0 8 mi . THURMAN RD. . 9. Turn LEFT onto OLD AIRPORT RD. 1.6 mi + 10 Turn RIGHT onto STONEWALL 2 mi 0 1 . CIR. . cl; 11 112 STONEWALL CIR is on the . RIGHT. 40 112 Stonewall CirEdit New Bern, NC 28562-8997 Total Travel Estimate. 54 minutes / 44.02 miles Fuel Cost: Calculate All rights reserved. Use subject to License/Copyright Directions and maps are informational only. We make no warranties on the accuracy of their content, road conditions or route usability or expeditiousness. You assume all risk of use. MapQuest and its suppliers shall not be liable to you for any loss or delay resulting from your use of MapQuest. Your use of MapQuest means you agree to our Terms of Use http://www.mapquest.com/maps?lc=Washington&Is=NC&ly=US&11=35.546398&lg=-77.052498.._ 2/24/2010 1 co i ca I id I its h `?i' LO ,^ I V1 Cl) I 10 rl- 11 r Q ? o co _ H Cl) Ll1 o Z -It Q MIF f NINU 9/9 8/z «s-<9 u? co I I F z . ? x cq z ? _I w I v o ?? I a I co A „ Oi- 9 , I w co I ? I k-, ------ I I z ? I '` I ? ?/H w I CI I <t l A T 9 to I o co I i C4 9/9 9/z i S. J ?j ?j ry L Thurma a 4cox pd. Evans ill 111o Sj' EVANS MILL RD. ,."NSTON LANE * - A NS Iql W U I 1 ? "Nk\ n VICINITY MAP (NOT TO SCALE) V- I ? I I\ ? a Leo 0 W { D O Z 01 W 0 01 q I rn Kln_ EIP = EXISTING IRON PIN ul3 O = WATER METER N ® = WATER SHUTOFF VALVE o Q = SEWER PUMP ?T = TELEPHONE PEDESTAL © = TV PEDESTAL "' 17 a = POWER TRANSFORMER A MBL = MINIMUM BUILDING LINE S?\OE 53' P PG G LINE LENGTH BEARING L303 63.60' N70°22'54"W L304 35.17' N72°54'05"W L305 38.53' N87°56'38"W L306 46.83' N63°15'01"W L307 48.42' N82°24'53"W L308 50.10' N39°57'15"W L309 36.11' N46°31'38'E L310 106.30' S65°44'39"E L311 80.17' N19°53'35"E L312 44.68' N15°09'05"W L313 36.47' N78°02'00"W L314 78.48' N14°21'24"W L315 37.55' N68°14'21"E L316 32.60' S36°00'57"E L317 39.02' S00°35'16T L318 22.07' S22°32'16"E L319 161.47' S72°38'29"E L320 16.43' N88°56'46"E d?f w A-t6 +2 Fl ..v F2vw\ b'+ ?rP O Aw-qti Fes-, OoG IVI V- .0 4b A ?C9fs G' m I l o ` \ s ??J'co \ l20 V- > IC ? \ \ 70, r Vi ` V NSF 1 (309 m 404 Wetlands \ \ V V- V V- 0' s V V- V- W p/ ` \ e29 V, Y- ; o I V- 404 Wetlands 2S \ V- °? . V- < \ \ I p ' (D V- \ \ 01 1 \? W 145,983 SQ.FT. \ r I - \ o a' 1, 3.351 ACRES V- ` \ v a? 1 I m` e c?Ow `l/ E 112 3 V- \ CT) ¢ 0.13, Z ; 53.8' I V- V/ I r y 43 . Tie Qr BL \ V- 15' M m Tie 26.86' tal J7 '"• - -EIP .`'off - _ - 646.69' (TotaU- _ - - - S21°I2'12'W- io' unr:sy EG3¢A?C,It 3 Ell I I I 162.47' 33.51' EIP V- V 450.71' V- N v O O O r a a n \ - / O1 Q Z r o m r m ? ' \ , y? c 6, C CD Q I o I \8? 1 ?I I 100' 0' 100' 200' \a```r H e s w otee®e CA,Qp4 ® ? e ® SEAL ® m L- R33 ,, %?fce "?'(9?,? vex ffiA r'tlra;r;;?e``?? LICENSE NO. L-3733 NOTES: THIS ENTIRE PROPERTY IS LOCATED IN A FLOOD HAZARD AREA PER FIRM MAP 3720548600J, DATED JULY 2, 2004. THE RATIO OF PRECISION AS CALCULATED IS 1:10,000. THE AREA WAS OBTAINED BY COORDINATE METHOD. FOR REFERENCE SEE DB 2784 PG 189, ALSO SEE PLAT CABINET G SLIDE 53A, CRAVEN COUNTY REGISTRY. Tax ID No.: 7-104-1-007 SCALE: V = 100' TERRY K. WHEELER, PE, PLS Po BOX 15422 NEW BERN, NC 28561 (252)636-5233 SURVEY FOR V- V- V- MARK E. COWEY AND WIFE ANGELA E. COWEY 112 STONEWALL CIRCLE LOT 7 EVANS MILL SUBDIVISION TOWNSHIP NO. 7 CRAVEN CO, NC January 16, 2010 Workflow No. 781902 mm n IN111111'"Mil 1 1 QD111111 Fs Roe oordeA: 02/21/200258 189 tT09?5pC10 PM Fe• Amt: =100.00 Pape i of 8 Excise Tax: Sao.0o Craven, WC Sherri R. Richard Register of Deeds w2784Pe189 .. _ . -----_E__X SS MAR 01 2010 NC DENR NORTH CAROLINA GENERAL WA REANTY DEED Excise Tm $ 80.00 . Pmvel Identifier No. 7-104-1007 Verified by Y On the day of Y _ MasUBox to: Steven K. Bell. Attorne 7 at T ow r) r [AL This imahvment was p gxmbd by: Steven K. Bell, Attorney at Law, P.C., 506 Pollock Street,, New Bern, NC 28562 Brief description for the Index: LT 7, EVANS MILL TWS DEED mule this 21 st day of jUUpr 20 a by and betwam Sean D. Creamer and wiles Robin S. Creamer . 216 Stoney Branch Rd. New Bern, NC 28562 GRANTEE Mark Elliot Cowey and wife, Angela E. Cowey 101 Monterey Circle New Bern, NC 28562 The des*oauonGunnar and Grantee u usexl<i don include said putim. then hear, succea mm, end assigns, sad shall hwju aiggubtr. OKA or neuter us required by con?kt. WrIMS , that the CGantor, fors vabiable co on pud by the Graauc the receipt ofwbich is h wleby uknu led{, has Preteub does pram. bargain. no and convey unto the fbdmtee is fee simple, all d teeetaim lot or intheCityof New Bern Number Seven Towoehil% Craven pftCd afLndsitoated rrnre paaticsilatly dumbed as follows: CMztY. North Cuolioa and See (??. ?x??;1d? A Tito PAY h"Mbove described was acquired by Otanft by mauMM recorded in Book 1906 page 218 A map showing the above d=- =bed pmpgty is =carded in Plat Bock G Pikp 53A-D NC Bar Association Form No. L-3 ®1976, Revised ®1977, 2002 Prmwd by AgrCOM=t with the NC Bu Association- 1981 SOW= Corporation, 333 'E, Six I;Odm Rd., leigb, NC 27609 1,d 968E-869-292 dnoug eoueunsuI Ramoo STLVLN K. BELL 1-.C. BOX. 1355 N&V BERN, NC 28563 Wd81:9 0102 EZ 404 Exhibit A CarolinaAll that certain lot or parcel of land lying and being situate in Number Seven (7) Township, Craven County, North , and being more particularly described as follows: TO HAVE AND TO HOLD the s1brasid lot orpmWel of land and all privileges and appurtmaaca thrrm belangiagto the OranhW in fee shRie. And 1heOr"M covemantit with the GMMIM that OMOW is seindef thep usisea in fee sittrple, ha the ziillhtlo convey the same in fmWnV* that d& ma*Mbk and ii= and clay afali bM¢es, and that (hansor WM warrant sad defend the tithe agtuotst the fawfitl claicss of all parsons whomsoever, other than the fo 1629, Page 484, Craven County Registry. Restrictive covenants recorded in Book IN Wii'bIM WHEREOF, the Gmator has duly oxecaW the first above written. (BE&Y Name) BY Tide: Tide: SY? Title: SEAL) (3EAL) Creamer NObaY? of the Canty and 3tsLe afarosaid,, that S?D. C?mmer and w'f in S. WrOwa ft an wared wbwwkdpd the One Meoudon of the fore h qod tiolin8 inshurnant far the stamp a• seal this 21st 'day January 20 0'l PmP thetrms used' W htmd and off}) MY Commission G l ?ice (?J -"- Notary Publtc A? Z? StW* of North Carolina _ Cooagr of i ? Z7 P030MUDY bOft me this acme mdwzip"NoftyPub 4i11gVEA day and aclmowledged drat be is the of corpotafioal{i®ted) y y'Puma l a North Carobs or that by mislhaft ,heu? imitedparEuetahip{str17oe1hivt?h64koppbabiejaod deed. Witness my hand and NobuW 6101-P or sal, this day ? ?? ios4vmeat is i6tname on its behaifu its actand 20 MY Comdsaice.Eapiter State ofNm& Carohn _ (may of N Pubtic I, the tmdeaigned Notay Pabtic ofthe County and state a6ptessK certify to venoms my hand artd Notarial staarp or 902, this day of -20-. My Catunise m Eapues. (011111111011111 IWO 10: 000001818269 Type: CRP iW oettiHedto be eoancis, l]os' iostnn eK2 78 4 P0190 on the first page horse" ,e date aedtime andiQtheBoolcaodPageshov,.a By: county NC Bar lister of Deeds Prinld by ISMOM"t With, the NC Bar Association -1981 Soffto Carper, 333 E. Six Forks Rd., Raleigh, NC 2709 2-d 91386-8C9-292 dnouq aoueinsu Remo o o Wd8i:9 nrnP as aaj Exh ibit A All that certain lot or parcel of land lying and being situate in Number Seven (7) Township, Craven County, North Carolina, and being more particularly described as follows: Being all of Lot No. Seven (7) as the same is shown on that map of record in the Office of the Register of Deeds of Craven County in Plat Cabinet G, Slides 53-A, 53-8, 53-C and 53-D . The map herein referred to was prepared by David L. Jones, Jr., Registered Land Surveyor, dated May 8, 1998, and identified by the following legend: "A SURVEY OF EVANS MILL SUBDIVISION FOR WEYERHAEUSER REAL ESTATE COMPANY". Further reference is made to said map fir a more complete and accurate description of this property. The aforesaid property is conveyed subject to those easements of record and utility rights-of-way The property heretofore described is conveyed subject to those Protective Covenants of record In Book 1629, Page 484 and to the mineral reservation recorded in Book 1547, Page 991, Craven County Registry. Image ID: 0000018182e0 Typo; CRP Pape S of 3 2784 Pa191 (COWEY, CREAMER.PFD109C0wo208.PURM t*d 968E-BE9-292 dnoug aoueunsui R8m03 WdE2:9 nTn2 R2 aaa EXPRESS AFFIDAVIT OF CREDIT SALE MAR O 1 2010 NC ®ENR TO: NORTH CAROLINA DEPARTMENT OF WATER QUALITY, and CITY OF NEW BERN The undersigned, EBX Neuse I, LLC the Sponsor of the EBX Neuse Riparian Buffer Umbrella Mitigation Bank (DWQ Number 08-1473), hereby certifies the following: 1. Elliot Cowey has deposited monies with the Sponsor sufficient to acquire 112.5 Buffer Credits (square feet) from the Bank for use on its Lot 7, Evans Mill project, City of New Bern, in HUC 03020204 of the Neuse River Watershed. 2. The Elliot Cowey project requires a total of 112.5 Buffer Credits as mitigation. Of this amount 112.5 Buffer Credits are being provided by the Bank. 3. The Sponsor has deducted 112.5 Buffer Credits from the Bank's credit ledger for HUC 03020204 of the Neuse River Watershed. A copy of the Bank's Credit ledger reflecting the above transaction is attached to this Affidavit. EBX Neuse I, By: / - fel 0 Gc1- (Trtle) Date: 7 - ?5 - /(f? b'd ET66628616 ualsgaM uo4uoN d6S:aT OT Sa qaj Environ.m- I Banc & Exchange Canital • Exaedence • Expertise February 25, 2010 ATTN: Jason Arthur Subject: Receipt of Sales Agreement Jason, Attached is your sales agreement. This is for you only. Also attached are a Sales Affidavit and Credit Ledger. Only the Sales Affidavit and attached Credit ledger is what you need for approval. Please let me know if you require any additional information. Sincerely, Martin W. Hovis Project Manager 10055 Red Run Boulevard Suds 130 Owings Mills, MD 21117 p 410.356.5159 p 888.781.7075 f 410.356.5822 909 Capa604 Drive Suite 3100 Raleigh, NC 27606 p 919.829.9909 f 919.829.9913 604 Greene Strad suite 100 Camden, SC 29020 p 803.427.7877 1410.356.5822 www.ebmm.com T'd E16662B6T6 ua%sgaM uo4joN a9g:21 OT Ga qaj Feb 25 10'0137P Jason Arthur 1 252.638-W'fb P•z SELLER: ZBX 1 . RIPARIAN BUFFER UM ML IGTIG?AMN BANK BUFFER CREDIT PURCHASE AGRESMEM PURCHASER. PURCHASER'S PROJECT NAIL: PURCHASER'S PROJECT LOCATION: PROJECT INDENT0ICATION NUMBER: CREDITS PURCHASED: PURCHASE DATE: EBX Nam-I, LLC Ettiot Cowey Lot 7, Evans Mill City of New Barn eta 112.5 Square Feet of Buffer in HUC 03020204 Meuse River Waters ed February 25, 2010 AGREEMENT 1. _ - Setter is the Bade Sponsor of the FBX Naas R*w ion Hiner Umbrella Mk a dm Bank (tbe "Runic" 1. As do Bank Spomor. Sdkc is au&mimd by the North Card us Depsetsaeot of Water Qty M IyW+QP ID ad z0kdaa bnBer mkWdi n cr 0WO and mstriam r+edu edw tmedits to pwcbn rs who are required, as a conditioa to obtaining approvals granted by the NC DWQ, to mi Vft dw envirom?eat 21 impact afpmlebs that d y mdaUke. 2. ftchm and Sale of Cn s, lttrdmu lee ft agtm m parrl ov 1125 Soft Cndhs (`SCre& t") from ScHer, and Serer hereby agrees m =0 the Cm&s to Pwcbawr_ 3. tease Prue The purdtsse price ofibe Cmdits is 63.56 per Credit For a total prior ofS40D.00. 4. Sit an the Sale of Criodie. Ilm posdow price of On Crodits shad be paid by Audueer ID ScRer at dosing, by cm SW dude or w *c uansft, against ddivay by Setter a NC DWQ of an Affidavit of Credit Pmcbm in & £orm aoeepmbk to the NC DWQ_ Cla ft of die sale of the Cnedita shat! occur writhm dwW drys of the Purchow Date or SeNWs abligmam to sdl the Creft ID the PW chaser sball a wmatintty tt rudaaae (provided,, Lo•Ymw, sscb tbi tty oar period may be m acaded by the mumal written agmematt aft e Pun homer and Setter). S. _ .ltcr?oltntxmsy?timmctiasAg#?eanyc?ntataal?t?nuawril6mtLitty days of do Purchase Date by written notice to Setter if NC DWQ or my ad w rdavant gawsa m agency data scat mquitn do ]p, A toe ofm W Cmd'its as a condition to immin my of the pecmita at approvak neoesmry for the Project. Pwd w area to notify Seller prmtpdy if Pmchmw becomm tt - ate blot Pbmbum will not be mobed to 1 16sae Sc Csodits under this Agroemeat so that Seller cat afar the Credds to other poetics. 2-d 6166628616 uazsgaM uojuoN d6S:21 OT S2 qaj Feb 25 10 0137p Jason Arthur 6. MismUa- aeons. 1-252-638-3076 p.3 (a) ' Fmae, is tic event of a my Ekipdm between Scdw and Aurdmw arising ant of this Agrecams, the p mvaefiogpatty shall be mulled to an atvatd of ils rmsooabio costs and e9eoses nwmff d is siwfi ftWon. mdmdtttg court axft mad remmoble anameye foes. (b) Nom- All mcd= ttmdw this Agrammt awn be in writing amd must be Pa fly dehverod or seat by commercial or over* ft c ouner or by and to the notice address set forth below (or such other address notice ofvA" bas been given im aeeocdanoe with this odmction)- (c) FAdm Atm mmt_ bbd3firaeaos. That we so adw: agteemeaos or undastardiogs, wrr?en at sat, between the parties rrzrdceg the =dim mater of thk AgmemeaL Ilis Agroemeat may act be modified or a m ded except by a ?vrit0en douroaeat examdod by bath parties. (d) Hdkw party easy *mW this Ag matimat or any of its right bereu mW, but no assammed shall mlim the asugm" party of as obligamm hereunder m&= the other ley expressly dorcto is VxitiB- (e) G021M*2 The vAft, imxptvsdm and 1 11- smoe of this Agneemeru shall be Smemed by and commaued in aooordsmoe with the taws of the Stitt of North Car Hma, without regard to its cordict of laws principles. (f) QmUMM IU Aymmu at my Lt: cocuted m cotmkq m ts. A a mamtpnrt signrmue page tided by fa: or ether docaunk means shall be effective as an or g saL SELLER ®X Neese-1, LLC, LLC By: PURCHASER: Edict Cowry r -14 Tide: et`? E ?•:a....t? Nlartia lfavis 909 Capabity Drive, Suite 130 Raleigh NC 27+606 Elliot coo" 112 Stonemll Circle New Ban NC 28562 6'd 6166629616 ua-4sgaM uo,4uoN d6S=21 01 Sz qaj o_ N O_ N a CM W W 0 T W W J W w? W n r N r O O O O N ls s ? G V R' rI N Z I 0 a S'd EI666286I6 ualsgaM uo,4uoN d00:10 OT SZ qaj EBX NEUSE RIPARIAN BUFFER UMBRELL MITIGATION BANK BUFFER CREDIT PURCHASE AGREEMENT SELLER: PURCHASER: PURCHASER'S PROJECT NAME: PURCHASER'S PROJECT LOCATION: PROJECT INDENTIFICATION NUMBER: CREDITS PURCHASED: PURCHASE DATE: EBX Neuse-I, LLC Elliot Cowey Lot 7, Evans Mill City of New Bern n/a 112.5 Square Feet of Buffer in HUC 03020204 Neuse River Watershed February 25, 2010 AGREEMENT Authorization to Sell Credits: Seller is the Bank Sponsor of the EBX Neuse Riparian Buffer Umbrella Mitigation Bank (the "Bank"). As the Bank Sponsor, Seller is authorized by the North Carolina. Department of Water Quality (`SIC DWQ') to sell riparian buffer mitigation credits and nutrient reduction credits to purchasers who are required, as a condition to obtaining approvals granted by the NC DWQ, to mitigate the environmental impact of projects that they undertake. 2. Purchase and Sale of Credits. Purchaser hereby agrees to purchase 112.5 Buffer Credits ("Credits") from Seller, and Seller hereby agrees to sell the Credits to Purchaser. 3. Purchase Price. The purchase price of the Credits is $3.56 per Credit for a total price of $400.00. 4. Closing on the Sale of Credits. The purchase price of the Credits shall be paid by Purchaser to Seller at closing, by certified check or wire transfer, against delivery by Seller to NC DWQ of an Affidavit of Credit Purchase in a form acceptable to the NC DWQ. Closing of the sale of the Credits shall occur within thirty days of the Purchase Date or Seller's obligation to sell the Credits to the Purchaser shall automatically terminate (provided, however, such thirty day period may be extended by the mutual written agreement of the Purchaser and Seller). 5. Purchaser's Right to Terminate. Purchaser may terminate this Agreement at any time within thirty days of the Purchase Date by written notice to Seller if NC DWQ or any other relevant government agency does not require the purchase of any Credits as a condition to issuing any of the permits or approvals necessary for the Project. Purchaser agrees to notify Seller promptly if Purchaser becomes aware that Purchaser will not be required to purchase the Credits under this Agreement so that Seller can offer the Credits to other parties. 6. Miscellaneous. (a) Attomeys' Fem etc. In the event of any litigation between Seller and Purchaser arising out of this Agreement, the prevailing party shall be entitled to an award of its reasonable costs and expenses incurred in such litigation, including court costs and reasonable attorneys' fees. (b) Notices. All notices under this Agreement must be in writing and must be personally delivered or sent by commercial or overnight courier or by mail to the notice address set forth below (or such other address notice of which has been given in accordance with this subsection). (c) Entire Agreement: Modifications. There are no other agreements or understandings, written or oral, between the parties regarding the subject matter of this Agreement. This Agreement may not be modified or amended except by a written document executed by both parties. (d) Assignment. Either party may assign this Agreement or any of its rights hereunder, but no assignment shall relieve the assigning party of its obligations hereunder unless the other party expressly agrees thereto in writing. (e) Governing Law. The validity, interpretation and performance of this Agreement shall be governed by and construed in accordance with the laws of the State of North Carolina, without regard to its conflict of laws principles. (fl Counterparts. This Agreement may be executed in counterparts. A counterpart signature page transmitted by fax or other electronic means shall be effective as an original. SELLER: PURCHASER: EBX Neuse-I, LLC, LLC Elliot Cowey By: By: Q ?C Yh U _ Nam :_Afgt C? V:n" C.. Title: Title: Address: Address: Martin Hovis Elliot Cowey 909 Capability Drive, Suite 130 112 Stonewall Circle Raleigh NC 27606 New Bern NC 28562 SAMPLE AGENT AUTHORIZATION FORM PROPERTY LEGAL DESCRIPTION: LOT NO. 7 PLAN NO. 157V.4A6 I?I,zL EXPIRESS MAR O 1 2010 PARCEL ID: 7-10q- I -va ]YC IDENR STREET ADDRESS: ?- S r o NG wAu C, "'t'E P E 0 A PC, 2S S!o 2 Please print: Property Owner: Property Owner: The undersigned, registered property owners of the above noted property, do hereby authorize , ASo;-, -A,2-r4L- , of IASoi.+ AP-r4u2 ?dn,STlZaJC ?,yn 1,?, (Contractor / Agent) (Name of consulting firm) to act on my behalf and take all actions necessary for the processing, issuance and acceptance of this permit or certification and any and all standard and special conditions attached. Property Owner's Address (if different than property above): l dl M ori'7en-A-4 01"1-E Al ",- A Ew-rj N 78 ?? Telephone: ZSZ 4,-75'- 3,128 We hereby certify the above information submitted in this application is true and accurate to the best of our knowledge. - awl c W4 aw & Auth ized Signature 0 - Date: 1P2;-P ago t Authori Signature Date: '2 1ZS\,?