Credit Release Task 7 CatfishPondII.docx

ROY COOPER
Governor
ELIZABETH S. BISER
Secretary
RICHARb E. ROGERS, JR.
Director
NORTH CAROLINA
Environmental Quality
December 15, 2022
Shawn Wilkerson DWR Project #: 2018-0196v2
Wildlands Holdings V, LLC Durham County
(via electronic mail: swilkerson&wildlandseng.com )
Re: Catfish Pond II Mitigation Banking Instrument (MBI)
Catfish Pond II Bank Parcel Credit Release — Task 7
Dear Mr. Wilkerson:
On November 16, 2022, the Division of Water Resources (DWR) received notification and
supporting documentation from Wildlands Holdings V, LLC (Wildlands) that the conservation
easement for the Catfish Pond II site has been successfully assigned to Unique Places to Save (UPS).
UPS is a 501(c)(3) non-profit corporation and has been approved by DWR as a long-term steward for
this mitigation bank.
In accordance with the MBI, signed on September 14, 2020, the following Project Milestones have
been met and the corresponding credits shall be released:
Task/Milestones Credit
7) Item B (1) of Section X in the MBI has been completed and approved by DWR 5%
(conservation easement assignment)
By copy of this correspondence, DWR confirms that you have satisfied the above requirements for
the above -referenced tract and therefore the following credits are being released:
• 5% of the Neuse buffer Restoration credits (0.05 x 342,834 ft2 = 17,141.700 ft2) are available
to sell.
• 5% of the Neuse buffer Enhancement via Cattle Exclusion credits
(0.05 x 52,041.411 ft2 = 2,602.071 ft2) are now available to sell.
• 5% of the Nitrogen nutrient offset credits (0.05 x 43,287.706 lb-N = 2,164.385 lb-N) are now
available to sell.
• 5% of the Phosphorus nutrient offset credits (0.05 x 2,788.063 lb-P = 139.403 lb-P) are now
available to sell.
North Carolina Department of Environmental Quality I Division of Water Resources
512 North Salisbury Street 1 1611 Mail Service Center I Raleigh, North Carolina 27699-1611
NOR1H CAROL Na 919.707.9000

Catfish Pond II Site
Wildlands
December 15, 2022
Please note that nutrient offset credits generated at this site must be used for impacts in HUC
03020201 of the Upper and Lower Falls Watersheds within 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 authorized impacts in the Neuse River Basin according to
guidelines in the Consolidated Buffer Mitigation Rule, 15A NCAC 02B .0295, which became
effective on November 1, 2015.
Please feel free to call me at [phone] if you have any questions regarding this
correspondence.
Sincerely,
DocuSignedy��by, ��y
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Katie Merritt
401 & Buffer Permitting Branch
cc:File Copy (Katie Merritt)
Camden Brunick (Wildlands) — sent via electronic mail: cbrunickgwildlandseng com
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