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Home My WebLink About20141304 Ver 1_Draft Acceptance Letter_20150108Strickland, Bev From: Montalvo, Sheri A Sent: Thursday, January 08, 2015 11:58 AM To: Strickland, Bev Subject: FW: Draft Acceptance Letter Attachments: SFMB 017 McMullan Partners Draft Acceptance Letter.pdf This one too0 From: Coburn, Chad Sent: Thursday, January 08, 2015 11:56 AM To: Montalvo, Sheri A Subject: FW: Draft Acceptance Letter Chad Coburn, Senior Environmental Specialist NC Division of Water Resources Water Quality Regional Operations Section Wilmington Regional Office 127 Cardinal Drive Extension Wilmington, NC 28405 -3845 Phone: 910 - 796 -7379 email: chad.coburn @ncdenr.gov E -mail correspondence to and from this address may be subject to the North Carolina Public Records Law and may be disclosed to third parties. From: Dana A. Lutheran [mailto:dlutheranCa)se. i.us] Sent: Thursday, January 08, 2015 11:25 AM To: 'Dahl, Kyle J SAW; Coburn, Chad Subject: FW: Draft Acceptance Letter 50utkern Environmental (,Irou P, Inc:. 53 1 5 �30ut`7 COIICge K0a3d, Suite E_ Wilmington, NC 28-112 rkone: j 10. 152.271 1 Mokile: j 10.228.18-11 dIutkeran @se.e;i.us 1 From: Paula Buis rmailto:pbuis(d)ladane.coml Sent: Friday, January 02, 2015 1:19 PM To: dlutheran(a)seai.us Subject: Draft Acceptance Letter Dana, Attached is a draft of the Stone Farm Acceptance Letter that I will issue in final form upon receipt of the 10% deposit. Once the credits are fully paid, we will complete the Mitigation Bank Transfer Form. Let me know if you have any questions. Thanks, Paula SPAMFilter / Hosting Courtesy of ECXSystems, LLC - http: / /www.ecxsystems.com STONE FARM REGIONAL MITIGATION BANK CREDIT REQUEST ACCEPTANCE Date: January 2, 2015 McMullan Partners, LLC 870 Old Camden Rd Marietta, GA 30068 Project Name: Swamp Park Expiration of Acceptance: July 2,m 2015 SFMB Number: SFMB 017 Dear ■ Stone Farm Mitigation Bank, LLC 11 Causeway Drive Ocean Isle Beach, NC 28469 The purpose of this letter is to notify you that the Stone Farm Regional Mitigation Bank (Bank) is willing to accept payment for impacts associated with the above referenced project. Please note that this decision does not assure that the payment will be approved by the permit issuing agencies as mitigation for project impacts. It is the responsibility of the applicant to contact these agencies to determine if payment to the Bank will be approved. It is also the responsibility of the applicant to determine the appropriate credit ratios that will be required for the corresponding wetland and /or stream impacts. You must also comply with all other state, federal or local government permits, regulations or authorizations associated with the proposed activity. This acceptance is valid for six (6) months from the date of this letter and is not transferable. If we have not received payment for the accepted credits of the issued 404 Permit /401 Certification /CAMA permit within this time frame, this acceptance will expire. Predicated on the total payment due to the Bank, as set forth herein, a ten (10) percent non - refundable deposit is due at the time of acceptance by the Bank. It is the applicant's responsibility to send copies of their permits to the Bank. Once the Bank receives a copy of the permit(s), an invoice will be issued based on the information identified below. Payment must be made prior to conducting the authorized work. It is the applicant's responsibility to ensure that the credit types and amounts identified below are consistent with the compensatory mitigation requirements of the permit(s) issued. The Bank and /or its agents are not responsible for determining the applicant's mitigation requirements. Based on the information supplied by the applicant, the impacts that may require compensatory mitigation are summarized in the following table: Note that the impact and credit totals above were provided by the applicant. It is the applicant's responsibility to provide accurate information (including the requested mitigation credits). The Bank and /or its agents are not responsible for determining the required credit amounts. The Bank's decision to accept credits is based upon the information provided by the applicant. The Bank is not liable for any credit shortage should the applicant's required mitigation credits exceed the amount specified in the above table. CLI Location Stream (ft.) Wetlands ac. Nonri arian Riparian Impact 03040207 .10 Credits .20 Note that the impact and credit totals above were provided by the applicant. It is the applicant's responsibility to provide accurate information (including the requested mitigation credits). The Bank and /or its agents are not responsible for determining the required credit amounts. The Bank's decision to accept credits is based upon the information provided by the applicant. The Bank is not liable for any credit shortage should the applicant's required mitigation credits exceed the amount specified in the above table. Based upon the type and amounts of credits requested above, the following payment must be provided to the Bank prior to issuance of credits: Credit Type Unit Per Unit Credit Fee Sub -Total Stream 0 $381.00 $0.00 Nonriparian Wetland 0 $50,313.00 $0.00 Riparian Wetland 0.2 $69,736.00 $13,947.20 Total Payment Due $13,947.20 Non - refundable Deposit $1,394.72 Balance Due Upon Invoice $12,552.48 Upon receipt of full payment, the Bank will take responsibility for providing the compensatory mitigation. If the regulatory agencies require mitigation credits greater than indicated above, and should the applicant want the Bank to provide such credits, it is the applicant's responsibility to submit an additional credit request form to the Bank. If you have any questions or need additional information, please contact Paula Buis at 910 - 579 -7300 or pbuis @ladane.com. Sincerely, Paula Buis Stone Farm Mitigation Bank, LLC cc: NCDWQ- Raleigh USACE NCDWQ -Local Agent