20160979 Ver 1_Mitigation Evaluation_20210524

\ �I� DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
69 DARLINGTON AVENUE
- WILMINGTON, NORTH CAROLINA 28403-1343
REPLY TO May 24, 2021
ATTENTION OF:
Regulatory Division
Action ID No. SAW-2016-01985
Re: Year 1 Monitoring Report Credit Release associated with Neu -Con Umbrella
Mitigation Bank, Poplar Creek Mitigation Site
Ms. Jamey McEachran
EBX-Neuse I, LLC
1360 Glenwood Avenue, Suite 100
Raleigh, North Carolina 27612
Dear Ms. McEachran:
This correspondence is in reference to the Neu -Con Umbrella Mitigation Bank, Poplar
Creek Mitigation Site, located between 538-848 Lee Youngblood Loop, Smithfield,
Johnston County, North Carolina; within the Poplar Creek watershed in the Upper Neuse
Cataloging Unit (03020201). The purpose of this letter is to confirm Year 1 monitoring
credit release and adaptive management plan for this mitigation site.
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 Poplar Creek Final Mitigation Plan dated November 2018
and approved February 11, 2019; the Poplar Creek Year 1 Monitoring Report dated
October 2020; and the Poplar Creek Adaptive Management Plan (implementation) dated
March 2021, 10 percent of the mitigation site's total restoration and enhancement stream
credit shall be available for sale provided the Year 1 monitoring report demonstrates the
interim performance standards are being met.
By copy of this correspondence, we confirm that you have satisfied the above
requirements for the Year 1 monitoring credit release; and 392.6 stream mitigation units
(SMU's) are now available for sale. To date, 1570.6 SMUs (40 percent of the total
restoration and enhancement credits) have been released for sale.
Please be aware that the Long -Term Maintenance and Monitoring Performance Bond
will expire on May 8, 2022. 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

From:
Davis. Erin B
To:
Baker, Caroline D
Subject:
FW: [External] SAW-2016-01985 / EBX-Neuse I, LLC / Neu -Con UMBI / Poplar Creek / Year 1 Monitoring Credit
Release
Date:
Monday, November 1, 2021 11:11:18 AM
Attachments:
SAW-2016-01985 Poplar Creek Year 1 Monitoring and AMP Credit Release.pdf
Laserfiche Upload: Email & Attachment
DWR#: 20160979 v.l
Doc Type: Mitigation Evaluation
-----Original Message -----
From: Dailey, Samantha J CIV USARMY CESAW (USA) [mailto:Samantha.J.Dailey�a&usace.army.mil]
Sent: Monday, May 24, 2021 10:28 AM
To: Jamey Mceachran <[e-mail]>; Bradley Breslow <[e-mail]>; Ryan Medric
<[e-mail]>
Cc: Tugwell, Todd J CIV USARMY CESAW (US)<[e-mail]>; Kim Browning
<[e-mail]>; Haywood, Casey M CIV (USA)
<[e-mail]>; Davis, Erin B <[e-mail]>; Wilson, Travis W.
<[e-mail]>; Bowers, Todd <[e-mail]>; Merritt, Katie
<[e-mail]>
Subject: [External] SAW-2016-01985 / EBX-Neuse I, LLC / Neu -Con UMBI / Poplar Creek / Year 1 Monitoring
Credit Release
CAUTION: External email. Do not click links or open attachments unless you verify. Send all suspicious email as
an attachment to Report Spam.<mailto:report.spam&nc.gov>
Good morning,
Attached is the Year 1 Monitoring credit release letter for:
SAW-2016-01973 / EBX Neuse I, LLC / Neu -Con UMBI / Poplar Creek Mitigation Site / Smithfield, Johnston
County
Please let me know if you have any questions.
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]