20160980 Ver 1_Year 2 Monitoring Credit Release_20201119

Strickland, Bev
From: Dailey, Samantha J CIV USARMY CESAW (USA) <[e-mail]>
Sent: Monday, October 26, 2020 3:06 PM
To: Tugwell, Todd J CIV USARMY CESAW (US); Kim Browning; Haywood, Casey M CIV
(USA); Davis, Erin B; Wilson, Travis W.; Bowers, Todd
Subject: [External] SAW-2016-01989 / EBX-Neuse I, LLC / Neu -Con UMBI / Meadow Spring
Mitigation Site Year 2 Monitoring Report
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Good afternoon,
The below referenced Year 2 Monitoring Report review has been requested by EBX-Neuse I, LLC. Per Section
332.8(o)(9) of the 2008 Mitigation Rule, this review follows the streamlined review process, which requires an
IRT review period of 15 calendar days from this email notification. Please provide any comments by 5 PM on
the 15-day comment deadline shown below. When providing comments please indicate if your concerns are
great enough that you intend to request a site visit prior to the Year 2 credit release. Comments provided after
the 15-day comment deadline (shown below) may not be considered.
At the conclusion of this comment period, a copy of all comments will be provided to EBX-Neuse I, LLC and the
NCIRT along with District Engineer's intent to approve or disapprove this Year 2 Monitoring Report credit
release.
Sponsor:
EBX-Neuse I, LLC
Name:
Neu -Con UMBI / Meadow Spring Mitigation Site
USACE ID:
SAW-2016-01989
River Basin: Neuse
HUC: 03020201
County: Johnston
CREDIT RELEASE:
10-percent of the total stream and wetland restoration and enhancement credits: 544 stream mitigation
units, and 1.44 wetland mitigation units
15-Day Comment Start Date: October 26, 2020 15-Day Comment Deadline: November 10, 2020 45-Day Credit
Release Approval Deadline: December 10, 2020
*NOTE: If a site visit is request by the IRT, comments are due 15 days after the site visit is complete. At this
time an IRT site visit is not scheduled.
Link to Meadow Spring Year 2 Monitoring Report can be found on RIBITS, under the Year 2 Monitoring Report:
1

https:Hurldefense.com/v3/_https://ribits.ops.usace.army.mil/ords/f?p=107:278:15616787353421::NO::P278
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Please select the arrow beside Year 2 Monitoring Report to view and/or download the documents.
Best Regards,
Sam
Samantha Dailey
Regulatory Project Manager
U.S. Army Corps of Engineers
Regulatory Division
3331 Heritage Trade Drive, Suite 105
Wake Forest, NC 27587
[phone], Ext. 22
[e-mail]

\I� DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
69 DARLINGTON AVENUE
- WILMINGTON, NORTH CAROLINA 28403-1343
REPLY TO November 19, 2020
ATTENTION OF:
Regulatory Division
Action ID No. SAW-2016-01989
Re: Year 2 Monitoring Credit Release associated with the Neu -Con Umbrella Mitigation
Bank, Meadow Spring Mitigation Site
Mr. Brad Breslow
EBX-Neuse I, LLC
3600 Glenwood Avenue, Suite 100
Raleigh, North Carolina 27612
Dear Mr. Breslow:
This correspondence is in reference to the Neu -Con Umbrella Mitigation Bank,
Meadow Spring Mitigation Site, located at 2082 Wilson's Mills Road, in Smithfield,
Johnston County, North Carolina, within the Upper Neuse Cataloging Unit (03020201).
The purpose of this letter is to confirm the release of stream and wetland restoration and
enhancement credits associated with the Year 2 Monitoring activities for this project.
Pursuant to the Mitigation Banking Instrument (UMBI) entitled, Neu -Con Umbrella
Wetland Mitigation and Stream Restoration Bank, approved April 2, 2001 and amended
April 10, 2009; the site -specific Meadow Spring Final Mitigation Plan (Plan) dated
September 2018 and approved October 24, 2018; and the Meadow Spring Mitigation Site
Year 2 Monitoring Report dated October 2020, 10 percent of the mitigation site's total
restoration and enhancement credits shall be available for sale provided the Year 2
Monitoring Report demonstrates interim performance standards are being met.
By copy of this correspondence, we confirm that you have satisfied the above
requirements for the Year 2 Monitoring credit release, and 544 stream mitigation units
(SMUs) and 1.44 wetland mitigation units (WMUs) are now available for sale. To date,
2803 SMUs and 7.2 WMUs (50 percent of the total restoration and enhancement credits
and 100 percent of the total preservation credits) have been released for sale.
Please be aware that the Long -Term Maintenance and Monitoring Performance Bond
will expire on October 17, 2021. Failure to submit financial assurance prior to the
expiration date may lead to a suspension in credit sales.

Thank you for your interest in restoring and protecting waters of the United States. If
you have questions regarding this letter, please contact Samantha Dailey, Raleigh
Regulatory Field Office at Samantha. J.Dailey(a usace.army. miI or telephone (919) 554-
4884, Extension 22.
Sincerely,
Todd Tugwell
Mitigation Project Manager
Regulatory Division
Electronic Copies Furnished:
NCIRT Distribution List