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HomeMy WebLinkAboutCredit Release Task 7 SassarixaSwmpII.docxROY COOPER Governor ELIZABETH S. BISER Secretary RICHAM E. ROGERS, JR. Director NORTH CAROLINA Environmental Quality December 15, 2022 Wildlands Holdings III, LLC DWR Project #: 2019-0661 Attn: Shawn Wilkerson Johnston County (via electronic mail: swilkersongwildlandseng.com ) Re: Sassarixa Swamp II Nutrient Offset & Buffer Mitigation Banking Instrument 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 III, LLC (Wildlands) that the conservation easement for the Sassarixa Swamp 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 May 4, 2020 the following Project Milestones have been met and the corresponding credits shall be released: Task/Milestones 7) Item B (1) of Section X in the MBI has been completed and approved by DWR (conservation easement assignment) Credits Nitrogen 'Riparian Coastal HW Credits Buffer Buffer Credits Credits 5% 5% 5% 'Credit release percentages exclude the areas adjacent to Coastal HW Stream Mitigation By copy of this correspondence, DWR confirms that you have satisfied the above requirements for the above -referenced site and the following credits are being released: • 5% of the Nitrogen nutrient offset credits (0.05 x 33,512.002 lbs-N = 1,675.600 lbs-N) • 5% of the Neuse riparian buffer enhancement credits (0.05 x 34,287.615 ft2=1,714.381 ft2) • 5% of the Neuse riparian buffer restoration credits excluding Coastal HW Stream Restoration (0.05 x 283,752 ft2 = 14,187.600 ft2) • 5% of the Neuse riparian buffer restoration credits associated with Coastal HW Stream Restoration (0.10 x 62,329.743 ft2 = 3,116.487 ft2) are now available to sell. (these credits need to be recorded on the buffer enhancement credit ledger & are not transferrable to nutrient offsets) 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 Sassarixa Swamp 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 Neuse River Basin excluding the Falls Lake Watershed pursuant to 15A NCAC 02B .0703. 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 feel free to call Katie Merritt at (919) 707-3637 if you have any questions regarding this correspondence. Sincerely, DocuSigned by: u C VS A43C72700BD543E... Katie Merritt 401 & Buffer Permitting Branch cc:File Copy (Katie Merritt) Camden Brunick (Wildlands) — sent via electronic mail: cbrunickgwildlandseng com Page 2 of 2