20191261 Ver 2_Credit Release_Task 5_20220329

March 29, 2022
Norton Webster DWR ID# 2019-1261 v2
Eco Terra Partners, LLC Pitt County
(via electronic mail: [e-mail])
Re:Kittrell Hill Buffer Mitigation & Nutrient Offset Mitigation Banking Instrument (MBI)
Kittrell Hill Bank Parcel Credit Release Task 5
Dear Mr. Griffith:
On November 29, 2021, the Division of Water Resources (DWR) received a Year 2Monitoring
Report from Eco Terra Partners, LLC (Eco Terra) for the Kittrell Hill site. Overall, site conditions
appear to look good and vegetation data results show stem densities higher than the required 260
stems/acre throughout the site. Additionally, no concerns with invasive species or major
encroachment within the easement boundary were noted.
DWR received a continuation certificate for performance bond (#54229659) in the amount of
$80,000issued to Eco Terra from United Fire & Casualty Company to cover monitoring and
maintenance at the subject site. The term of this bond isthru August 27, 2022. Future credit releases
will be dependent on both the renewal of this performance bond and theannual monitoring reports.
In accordance with the MBI, signed on March 26, 2020, the following Project Milestones have been
met and the corresponding credits shall be released:
Task/MilestonesCredit
5) Monitoring Report #2Approved by the DWR & financial assurance renewed10%

By copy of this correspondence, DWR confirms that you have satisfied the above requirements for
the above-referenced tract and 10%of your Nitrogen nutrient offset credits
(0.10x 21,147.061 lb-N = 2,114.706lb-N) and 10%of your Neuse buffer Restoration credits (0.10x
2
2
363,817 ft= 36,381.70ft) are now available for sale.
North Carolina Department of Environmental Quality Division of Water Resources
512 North Salisbury Street 1611 Mail Service Center Raleigh, North Carolina 27699-1611
919.707.9000

Kittrell Hill Site!
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March 29, 2022
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Please note that nutrient offset credits generated at this site must be used for impacts in HUC
03020203 of the Neuse River Basin pursuant to 15A NCAC 02B .0703, which became effective
on April 1, 2020. Additionally, the riparian buffer credits must be used for impacts in the
Neuse River Basin in accordance with guidelines in the Consolidated Buffer Mitigation Rule,
15A NCAC 02B .0295, which became effective on November 1, 2015.

Please contact me at [phone] if you have any questions regarding this correspondence.

Sincerely,

Katie Merritt
401 & Buffer Permitting Branch
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