Credit Release Task8 -Bethel.docx

ROY COOPER
Governor
ELIZABETH S. BISER
Secretary
RICHARb E. ROGERS, JR.
Director
Shawn Wilkerson
Wildlands Holdings IV, LLC
1430 South Mint Street, Suite 104
Charlotte, NC 28203
NORTH CAROLINA
Environmental Quality
February 23, 2023
(via electronic mail: swilkersongwildlandseng com
DWR Project #: 2017-0887v2
Chatham County
Re: Cane Creek Umbrella Mitigation Banking Instrument (UMBI)
Bethel Branch Buffer Mitigation Bank
Credit Release Task 8
Dear Mr. Wilkerson,
On September 26, 2022, the Division of Water Resources (DWR) received a Year 4 Monitoring
Report from Wildlands Holdings IV, LLC (Wildlands), for the Bethel Branch site. Overall, site
conditions appear to look good and no encroachment within the conservation easement areas was
observed.
DWR received a bond rider and continuation certificate for the performance bond (#107063173) in
the amount of $20,000 issued to Wildlands from Travelers Casualty and Surety Company of
America, to cover monitoring and maintenance at the subject site. The term of this bond ends with
DWR approval of the Year 5 Monitoring Report. Future credit releases will be dependent on both
the renewal of this performance bond and the annual monitoring reports.
In accordance with the UMBI (DWR ID# 2016-0225v2), signed on March 6, 2018, the following
Project Milestones have fully been met and the corresponding credits shall be released:
Task/Milestones Credit
8) Monitoring Report #4: Approved by the DWR & financial assurance renewed 5%
By copy of this correspondence, DWR confirms that you have fully satisfied the above requirements
for the Bethel Branch site. Therefore, 5% of your Jordan Lake riparian buffer credits (0.05 x
266,899.40 ft2 = 13,344.97 ft2) are now released.
Please note that the riparian buffer credits can only be used to offset impacts located in the
Haw River Sub Watershed of Jordan Lake according to 15A NCAC 02B .0295, which became
effective on November 1, 2015.
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

Bethel Branch Site
Wildlands
February 23, 2023
Please feel free to call Katie Merritt at [phone] if you have any questions regarding this
correspondence.
Sincerely,
DocuSigned by:
A43C72700BD543E...
Katie Merritt
401 & Buffer Permitting Branch
cc:File Copy (Katie Merritt)
Camden Brunick — Wildlands (via electronic mail)
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