Perry Hill II Ledgers - 11/4/20

Sale/
Release Date Purchaser or % Credit Release Project Name Gov't Requiring
Pounds of
Nitrogen Sq. Ft.Pounds of
Nitrogen Sq. Ft.Pounds of
Nitrogen Sq. Ft.
11/4/2020 6,212.616 119,058.200 6,212.616 119,058.200 NCDWR
2/4/2021 Starlight Homes North Carolina Glenn Road Residential D2000054 PARTIAL 919.890 17,628.717 5,292.726 101,429.484 City of Durham
2/4/2021 Starlight Homes North Carolina Glenn Road Residential D2000054 (assigned to Durham) PARTIAL 45.990 881.350 5,246.736 100,548.134 City of Durham
9/13/2021 Task 2 Credit Release (20%) 6,212.616 119,058.200 11,459.352 219,606.334 NCDWR
10/12/2021 Hillsborough Dealership Property II, LLC Hillsborough CDJ+R (SW2020-02) 551.680 10,572.362 10,907.672 209,033.972 Town of Hillsborough
10/21/2021 Medline Industries, Inc.Project Tomorrow – Medline Distribution Center PARTIAL 2,233.270 42,798.252 8,674.402 166,235.719 Town of Mebane
10/27/2021 Task 3 Credit Release (10%) 2,978.458 57,078.990 11,652.860 223,314.710 NCDWR
11/8/2021 M/I Homes of Raleigh, LLC Sherron Road Townhomes D2000116 204.680 3,922.475 11,448.180 219,392.235 City of Durham
11/8/2021 M/I Homes of Raleigh, LLC Sherron Road Townhomes D2000116 (assigned to Durham) 10.230 196.047 11,437.950 219,196.188 City of Durham
11/19/2021 KB Home Raleigh-Durham, Inc.Olive Branch West D1900363 456.570 8,749.680 10,981.380 210,446.507 City of Durham
11/19/2021 KB Home Raleigh-Durham, Inc.Olive Branch West D1900363 (assigned to Durham) 22.830 437.513 10,958.550 210,008.995 City of Durham
4/19/2022 Croasdaile Farm Three, LLC Bronze Leaf Subdivision (D2100081) PARTIAL 512.050 9,812.895 10,446.500 200,196.099 City of Durham
4/19/2022 Croasdaile Farm Three, LLC Bronze Leaf Subdivision (D2100081) (assigned to Durham) PARTIAL 25.600 490.597 10,420.900 199,705.502 City of Durham
7/5/2022 Task 4 Credit Release (5%) - partial 1,431.827 27,439.447 11,852.727 227,144.949 NCDWR
8/4/2022 Cimland, LLC Chandler Run (D2100313) PARTIAL 250.000 4,790.985 11,602.727 222,353.964 City of Durham
8/26/2022 Crutchfield Media LLC Crutchfield Street Mixed Use Building (D2100201) 7.280 139.513 11,595.447 222,214.451 City of Durham
8/26/2022 Crutchfield Media LLC Crutchfield Street Mixed Use Building (D2100201) (assigned to Durham) 0.360 6.899 11,595.087 222,207.552 City of Durham
9/13/2022 Sadat Automotive Inc.Sadat Automotive (1842-47-2468) 110.040 2,108.800 11,485.047 220,098.752 Franklin County
8/24/2023 Clayton Properties Group, Inc.Fowler Tract Ph. 1 (D2100317) PARTIAL 2,386.000 45,725.161 9,099.047 174,373.591 City of Durham
8/24/2023 Clayton Properties Group, Inc.Fowler Tract Ph. 1 (D2100317) (assigned to Durham) PARTIAL 119.290 2,286.066 8,979.757 172,087.524 City of Durham
11/20/2023 Task 4 (5% final), 5, & 7 Credit Release (20%) 6,122.006 117,321.756 15,101.763 289,409.280 NCDWR
12/4/2023 Greenpointe, LLC Lowery Estates Subdivision 150.800 2,889.922 14,950.963 286,519.358 Wake County
12/12/2023 Arcaterra Land, LLC Pleasant Union Subdivision 818.240 15,680.702 14,132.723 270,838.656 Wake County
12/14/2023 Task 6 Credit Release (10%) 3,061.003 58,660.878 17,193.726 329,499.533 NCDWR
12/28/2023 TOR Griffin, LLC Griffin Place North (PARTIAL) 1,480.710 28,376.238 15,713.016 301,123.296 City of Durham
12/28/2023 TOR Griffin, LLC Griffin Place North (PARTIAL) (assigned to Durham) 74.040 1,418.898 15,638.976 299,704.398 City of Durham
1/12/2024 Durham Public Schools SW-2314 Glenn Elementary School (PARTIAL) 1,361.510 26,091.896 14,277.466 273,612.502 Durham County
1/30/2024 Beazer Homes Shoccoree Residential - Phase II (D2200242) PARTIAL 1,433.030 27,462.501 12,844.436 246,150.001 City of Durham
1/30/2024 Beazer Homes Shoccoree Residential - Phase II (D2200242) PARTIAL (assigned to Durham) 71.650 1,373.096 12,772.786 244,776.905 City of Durham
12/27/2024 Task 8 Credit Release (5%) 1,521.860 29,164.834 14,294.646 273,941.738 NCDWR
1/24/2025 Arrowrock IV Long Mill, LLC US-1 NORTH COMMERCE CENTER- PHASE 3 (PARTIAL) 2,914.500 55,853.303 11,380.146 218,088.435 Franklin County
Totals 27,540.386 527,782.305 16,160.240 309,693.870 11,380.146 218,088.435
Task 1 Credit Release (20%)
Credits Released/Available to
Bank
Credits Debited/Sold From
Bank Nutrient Credit Balance
Perry Hill II Mitigation Banking Instrument (MBI): Perry Hill II Bank Parcel
HUC 03020201 - Neuse River Falls Basin
Nitrogen Credit Ledger
Date Last Updated: 3-3-2025
DWR Project #: 2019-0157v3
Total Credit Released to Date: 27,540.386
Sale/
Release Date Purchaser or % Credit Release Project Name Gov't Requiring
Pounds of
Phosphorus Sq. Ft.Pounds of
Phosphorus Sq. Ft.Pounds of
Phosphorus Sq. Ft.
11/4/2020 400.140 119,058.052 400.140 119,058.052 NCDWR
2/4/2021 Starlight Homes North Carolina Glenn Road Residential (D2000054) PARTIAL 400.140 119,058.052 - - City of Durham
9/13/2021 Task 2 Credit Release (20%) 400.140 119,058.052 400.140 119,058.052 NCDWR
10/12/2021 Hillsborough Dealership Property II, LLC Hillsborough CDJ+R (SW2020-02) 79.070 23,526.566 321.070 95,531.486 Town of Hillsborough
10/21/2021 Medline Industries, Inc.Project Tomorrow – Medline Distribution Center PARTIAL 321.070 95,531.486 - - Town of Mebane
10/27/2021 Task 3 Credit Release (10%) 191.835 57,078.776 191.835 57,078.776 NCDWR
11/8/2021 M/I Homes of Raleigh, LLC Sherron Road Townhomes D2000116 67.650 20,128.648 124.185 36,950.128 City of Durham
11/8/2021 M/I Homes of Raleigh, LLC Sherron Road Townhomes D2000116 (assigned to Durham) 3.380 1,005.689 120.805 35,944.439 City of Durham
11/19/2021 KB Home Raleigh-Durham, Inc.Olive Branch West D1900363 50.730 15,094.254 70.075 20,850.185 City of Durham
11/19/2021 KB Home Raleigh-Durham, Inc.Olive Branch West D1900363 (assigned to Durham) 2.540 755.754 67.535 20,094.431 City of Durham
12/7/2021 Bull City North, LLC Hebron Village D2000286 PARTIAL 67.540 20,095.918 (0.005) (1.488)City of Durham
7/5/2022 Task 4 Credit Release (5%) - partial 92.223 27,440.123 92.218 27,438.635 NCDWR
8/4/2022 Cimland, LLC Chandler Run (D2100313) PARTIAL 63.660 18,941.459 28.558 8,497.176 City of Durham
8/26/2022 Crutchfield Media LLC Crutchfield Street Mixed Use Building (D2100201) 4.160 1,237.771 24.398 7,259.405 City of Durham
8/26/2022 Crutchfield Media LLC Crutchfield Street Mixed Use Building (D2100201) (assigned to Durham) 0.210 62.484 24.188 7,196.921 City of Durham
09/02/22 Arlene Pointe LLC Arlene Pointe (D2000294) PARTIAL 1.810 538.549 22.378 6,658.372 City of Durham
9/13/2022 Sadat Automotive Inc.Sadat Automotive (1842-47-2468) 22.370 6,655.992 0.008 2.380 Franklin County
11/20/23 Task 4 (5% final), 5, & 7 Credit Release (20%) 394.305 117,321.90 394.313 117,324.280 NCDWR
12/04/23 Greenpoint, LLC Lowery Estates Subdivision 65.600 19,518.689 328.713 97,805.591 Wake County
12/12/2023 Arcaterra Land, LLC Pleasant Union Subdivision 171.340 50,980.673 157.373 46,824.918 Wake County
12/13/23 Joseph Odell 805 Ivanhoe Drive (BLDR-015210-2023) (N-0103-23) 6.000 1,785.246 151.373 45,039.672 City of Raleigh
12/14/23 Task 6 Credit Release (10%) 197.152 58,660.80 348.525 103,700.474 NCDWR
12/28/23 TOR Griffin, LLC Griffin Place North (PARTIAL) 29.520 8,783.410 319.005 94,917.064 City of Durham
12/28/23 TOR Griffin, LLC Griffin Place North (PARTIAL) (assigned to Durham) 1.480 440.361 317.525 94,476.703 City of Durham
01/12/24 Durham Public Schools SW-2314 Glenn Elementary School (PARTIAL) 197.000 58,615.575 120.525 35,861.128 Durham County
01/30/24 Beazer Homes Shoccoree Residential - Phase II (D2200242) PARTIAL 107.090 31,863.665 13.435 3,997.463 City of Durham
01/30/24 Beazer Homes Shoccoree Residential - Phase II (D2200242) PARTIAL (assigned to Durham) 13.430 3,995.975 0.005 1.488 City of Durham
12/27/2024 Task 8 Credit Release (5%) 98.018 29,164.37 98.023 29,165.860 NCDWR
1/24/2025 Arrowrock IV Long Mill, LLC US-1 NORTH COMMERCE CENTER- PHASE 3 (PARTIAL) 45.000 13,389.345 53.023 15,776.516 Franklin County
1/24/2025 Welcome Venture Park, LLC Welcome Venture Park Building C (Phase II) (D2400053) PARTIAL 52.900 15,739.918 0.123 36.598 City of Durham
Totals 1,773.813 527,782.076 1,773.690 527,745.48 0.123 36.598
Task 1 Credit Release (20%)

Credits Released/Available to Bank Credits Debited/Sold From Bank Nutrient Credit Balance
Perry Hill II Mitigation Banking Instrument (MBI): Perry Hill II Bank Parcel
HUC 03020201 - Neuse River Falls Basin
Phosphorus Credit Ledger
Date Last Updated: 3-3-2025
DWR Project #: 2019-0157v3
Total Credit Released to Date: 1,773.813 LBs
Sale/
Release Date Purchaser or % Credit Release Project Name Gov't Requiring Notes
Square Feet Acres Square Feet Acres Square Feet Acres
11/4/2020 Task 1 Credit Release (20%)5,258.600 0.121 - 5,258.600 0.121 NCDWR
9/13/2021 Task 2 Credit Release (20%)5,258.600 0.121 10,517.200 0.241 NCDWR
10/27/2021 Task 3 Credit Release (10%)5,974.800 0.137 16,492.000 0.379 NCDWR
3/11/2022 Triangle Town Center Holding, LLC The Pointe at Town Center (DWR # 20200504 v2) PARTIAL 5,069.760 0.116 11,422.240 0.262 NCDWR
5/19/2022 Village Capital Corporation Trails at Twin Lakes (DWR # 20210075 v2) PARTIAL 11,422.240 0.262 - - NCDWR
Please note that buffer credits for this
project are also shown on our Buffer
Enhancement ledger
7/5/2022 Tast 4 Credit Release (5%) - partial 1,595.300 0.037 1,595.300 0.037 NCDWR
6/6/2023 NCDEQ Division of Mitigation Services DMS Buffer Purchase (IFB# 16-404907756)1,595.300 0.037 - - NCDWR
11/20/2023 Task 4 (5% final), 5, & 7 Credit Release 6,577.200 0.151 6,577.200 0.151 NCDWR
12/14/2023 Welcome Venture Park, LLC Northern Durham Parkway Phase 2 (DWR#20211489 ver 3)6,577.200 0.151 - - NCDWR
Please note that buffer credits for this
project are also shown on our Buffer
Enhancement ledger
12/14/2023 Task 6 Credit Release (10%)3,288.200 0.075 3,288.200 0.075 NCDWR
2/26/2024 Alvaro Del Carpio 3014 Elk Ridge Road Screened Porch and Deck (DWR #20231654)66.000 0.002 3,222.200 0.074 NCDWR
11/5/2024 Catfish Real Estate, LLC Middle Creek Commons/Publix – Road Crossings (JC #23-032)
(PARTIAL)3,222.200 0.074 - - Johnston County
Please note that buffer credits for this
project are also shown on our Buffer
Enhancement ledger
12/27/2024 Task 8 Credit Release (5%)1,641.100 0.038 1,641.100 0.038 NCDWR
Totals 29,593.800 0.679 27,952.700 0.642 1,641.100 0.038

Credits
Released/Available to
Bank
Credits Debited/Sold
From Bank Buffer Credit Balance
Perry Hill II Mitigation Banking Instrument (MBI): Perry Hill II Bank Parcel
HUC 03020201 - Neuse River Falls Basin
Buffer Restoration Credit Ledger
Date Last Updated: 3-3-2025
DWR Project #: 2019-0157v3
Total Credit Released to Date: 29,593.800 sq. ft.
Sale/
Release Date Purchaser or % Credit Release Project Name Gov't Requiring Notes
Square Feet Acres Square Feet Acres Square Feet Acres
11/4/2020 Task 1 Credit Release (20%)2,279.261 0.052 - 2,279.261 0.052 NCDWR
9/13/2021 Task 2 Credit Release (20%)2,279.261 0.052 4,558.522 0.105 NCDWR
10/27/2021 Task 3 Credit Release (10%)1,250.696 0.029 5,809.218 0.133 NCDWR
5/19/2022 Village Capital Corporation Trails at Twin Lakes (DWR # 20210075 v2) PARTIAL 5,809.210 0.133 0.008 0.000 NCDWR
Please note that buffer credits for
this project are also shown on our
Buffer Restoration ledger
7/5/2022 Tast 4 Credit Release (5%) - partial 546.624 0.013 546.632 0.013 NCDWR
6/6/2023 NCDEQ Division of Mitigation Services DMS Buffer Purchase (IFB# 16-404907756)546.632 0.013 - - NCDWR
11/20/2023 Task 4 (5% final), 5, & 7 Credit Release 2,310.124 0.053 2,310.124 0.053
12/14/2023 Welcome Venture Park, LLC Northern Durham Parkway Phase 2 (DWR#20211489
ver 3)2,309.600 0.053 0.524 0.000 NCDWR
Please note that buffer credits for
this project are also shown on our
Buffer Restoration ledger
12/14/2023 Task 6 Credit Release (10%)1,155.062 0.027 1,155.586 0.027 NCDWR
11/5/2024 Catfish Real Estate, LLC Middle Creek Commons/Publix – Road Crossings (JC
#23-032) (PARTIAL)1,155.300 0.027 0.286 0.000 Johnston County
Please note that buffer credits for
this project are also shown on our
Buffer Restoration ledger
12/27/2024 Task 8 Credit Release (5%)574.530 0.013 574.816 0.013 NCDWR
Totals 10,395.558 0.239 9,820.742 0.225 574.816 0.013

Credits
Released/Available to
Bank
Credits Debited/Sold
From Bank Buffer Credit Balance
Perry Hill II Mitigation Banking Instrument (MBI)
Perry Hill II Bank Parcel
HUC 03020201 - Neuse River Falls Basin
Buffer Enhancement Credit Ledger
Date Last Updated: 3-3-2025
DWR Project #: 2019-0157v3
Total Credit Released to Date: 10,395.558 sq. ft.