20081473 Ver 4_Bank Parcel Closure Letter - ABI_20210304

ROY COOPER
Governor
MICHAEL S. REGAN
Secretary
S. DANI£L SMITH
Director
Brad Breslow
NORTH CAROLINA
Environmental Quality
March 4, 2021
DWQ Project #: 2008-1473v4
EBX Neuse 1, LLC Wayne County
302 Jefferson Street, Suite 110
Raleigh, NC 27605
Re: EBX Neuse Riparian Buffer Umbrella Mitigation Bank Instrument (UMBI)
Arrington Bridge Phase I Bank Parcel Closure
Dear Mr. Breslow:
On October 29, 2019, the Division of Water Resources (DWR) released 100% of the remaining
nutrient offset and riparian buffer mitigation credits for the Arrington Bridge Phase I mitigation
bank. The conservation easement for this site was recorded between EBX Neuse 1, LLC (EBX)
as the Grantor and the North Carolina Wildlife Habitat Foundation, Inc (NCWHF) as the
Grantee. Ms. Merritt performed an audit of all credit sales associated with this bank and
concluded that all sales were compliant as documented in correspondence dated March 4, 2021.
DWR determines Bank Parcel Closure when all the following have been achieved by the Bank:
1. Transfer or assign the conservation easement and all its interests, in perpetuity, to
a land trust or stewardship program
2. All five years of monitoring completed and all monitoring reports submitted and
approved by DWR
3. All credits have been released and debited and updated ledgers showing a zero
credit balance have been submitted and approved by DWR.
As of the date of this letter, the Arrington Bridge Phase I Mitigation Bank Parcel is closed.
Please feel free to call Katie Merritt at [phone] if you have any questions regarding this
correspondence.
North Carolina Department of Environmental Quality I Division of Water Resources
512 North Salisbury Street 1 1617 Mail Service Center I Raleigh, North Carolina 27699-1617
N11H fH (:Ai(1!.INA �
0­O'torenwm—talQ"I 919,707.9000

Arrington Bridge Phase I Site
Bank Parcel Closure
March 4, 2021
Sincerely,
E�DocJu�Siigned by:
`.
A43C72700BD543E...
Katie Merritt
401 & Buffer Permitting Branch
File Copy (Katie Merritt)
Gregory Erwin — North Carolina Wildlife Habitat Foundation (Gregory(2erwinoil.com)
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