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HomeMy WebLinkAbout20080511 Ver 2_Credit Release 1_20120719MU North Carolina Department of Environment and Natural Resources Division of Water Quality Beverly Eaves Perdue Charles Wakild, P E Dee Freeman Governor Director Secretary November 26, 2012 Mr. Bobby Ham Greene Environmental Services, LLC 90 Ham Produce Road Snow Hill, NC 28580 DWQ Project #: 2008- 0511v2 Craven County Re: Neuse River Riparian Buffer and Nutrient Offset Umbrella Mitigation Banking Instrument (UMBI) La Grange Bank Credit Release #1 Dear Mr. Ham: On July 19, 2012, the Division of Water Quality (DWQ) approved a Bank Parcel Development Package (BPDP) for the LaGrange Bank Parcel. On September 14, 2012, DWQ received a conservation easement for the subject site. On November 19, 2012, the DWQ also received a Irrevocable Stand -by Letter of Credit # SB93770 to cover performance and construction measures on the subject site. According to the UMBI signed on October 3, 2008, the following Project Milestones have been met, and the corresponding credits shall be released Task/Milestones Credit 1) Approval of BPDP, Conservation Easement Recorded and financial 20% assurance posted By copy of this correspondence, DWQ confirms that you have satisfied the above requirements for the above - referenced tract and 20% of your Neuse riparian buffer credits (0.2 x 37,939.7 ft' = 7,587.94 ft') are now available for sale. Also, 20% of your nitrogen nutrient offset credits (0.2 x 5,728.01 lb-N = 1,145.601b -N) are now available for sale. Please note that nutrient offset credits generated at this site must be used for impacts in HUC 03020202 of the Neuse River Basin and that riparian buffer credits must be used for impacts in the Neuse River Basin according to guidelines in 15A NCAC 02B .0242. Please use the attached Credit Ledger Template to track and report credit availability for the LaGrange Bank: As always, please copy DWQ on all correspondence related to credit sales. Wetlands, Buffers, Stormwater Compliance & Permitting Unit 1650 Mail Service Center, Raleigh, North Carolina 27699 -1650 Location Archdale Bldg , 512 N Salisbury St, Raleigh, NC 27604 Phone 919.807 -63001 FAX 919 -807 -6494 Internet http //portal ncdenr org/weblwq /swp/ws /webscape An Equal Opportunity 1 Affirmative Action Employer NorthCarolina Naturallb, Greene Environmental Services, LLC Page 2 of 2 November 26, 2012 Please feel free to call Katie Merritt at (919) 807 -6371 if you have any questions regarding this correspondence. Sincerely, OQjAj Karen Higgins, Supervisor Wetlands, Buffers, Stormwater, Compliance and Permitting Unit cc: File Copy (Katie Merritt) - Mr. Jeff Becker - Greene Environmental Services, LLC, 1004 Glencastle Way, Raleigh, NC 27606