20141149 Ver 9_Credit Release Task 5_20210305

ROY COOPER
Governor
MICHAEL S. REGAN
Secretary
S. DANI£L SMITH
Director
George Howard
NORTH CAROLINA
Environmental Quality
March 5, 2021
Restoration Systems, LLC
1101 Haynes Street, Suite 211
Raleigh, NC 27604
(via electronic mail: georgekrestorationsystems.com )
DWR Project #: 2014-1149v9
Alamance County
Re: RS Haw River Subwatershed — Phase 1 Neuse Buffer & Nutrient Offset Umbrella
Mitigation Banking Instrument (UMBI)
Benton Branch Bank Parcel Credit Release — Task 5
Dear Mr. Howard:
On November 23, 2020, the Division of Water Resources (DWR) received a Year 3 Monitoring
Report for the subject site from Restoration Systems, LLC (RS). Overall, site conditions appear to
look satisfactory. Per the Interagency Review Team, RS is expected to implement supplemental
planting efforts in 2021 and submit confirmation that trees have been planted prior to the submittal of
the Year 4 monitoring period. No encroachment within the easement boundaries was observed.
DWR received a continuation certificate and a rider for the performance bond (#22BSBHT4273) in
the amount of $60,000 issued to RS from Hartford Fire Insurance Company, to cover monitoring and
maintenance at the subject site. The term of this bond applies beginning March 3, 2021 and ending
with the approval of the Year 4 Monitoring Report by DWR. Future credit releases will be
dependent on both the renewal of this performance bond and the annual monitoring reports.
In accordance with the UMBI and BPDP, signed on October 25, 2017 and approved on January 22,
2018 respectively, the following Project Milestones have been met and the corresponding credits
shall be released:
Task/Milestones
5) Monitoring Report 93: Approved by the DWR
Credit
10%
RS has satisfied the above requirements for the above -referenced tract. Therefore, 10% of your
Jordan Lake riparian buffer Restoration credits (0.10 x 455,056.93 ft2 = 45,505.69 ft) and 10% of
your Jordan Lake riparian buffer Enhancement and Preservation credits (0.10 x 225,763.44 ft2 =
22,576.34 ft2) are now released.
N11H fH (:A�i(1!.INA �
D E Q 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
0­O'torenwm­talQ"I 919,707.9000

Benton Branch Site
Restoration Systems
March 5, 2021
Additionally, 10% of your generated nitrogen (N) offset credits (0.10 x 179.95 =17.10 lb-N) and
10% of your generated phosphorus (P) credits (0.10 x 11.5 = 1.15 lb-P) are now released.
Generated credits are credits that have not been applied to the appropriate delivery factor.
The delivery factors applied to this bank due to its location in the 14-digit HUC 03030002050050 are
25% for nitrogen and 8% for phosphorous. Therefore, the total amounts of delivered nutrient offset
credits for this site are 44.99 lb-N and 0.92 lb-P. By copy of this correspondence, 10% of your
delivered nitrogen offset credits (0.10 x 44.99 lb-N = 4.50 lb-N) and 10% of your delivered
phosphorus credits (0.10 x 0.92 = 0.09 lb-P) are now available for sale.
Please note that only the delivered nutrient offset credits can be sold from this bank and used
for impacts in the Haw River Arm of Jordan Lake within the Cape Fear River Basin.
Additionally, riparian buffer credits can only be used to offset impacts located in the Haw
River Sub Watershed of Jordan Lake according to 15A NCAC 02B .0295, which became
effective on November 1, 2015.
Please feel free to call [phone] if you have any questions regarding this correspondence.
cc:File Copy (Katie Merritt)
Tiffam Bylow — RS (via electronic Mail)
Sincerely,
EDocJu�Siigneddby_-
A43C72700BD543E...
Katie Merritt
401 & Buffer Permitting Branch
Page 2 of 2