Credit Release Task 2 - LRW.docx

ROY COOPER
Governor
ELIZABETH S. BISER
Secretary
RICHARb E. ROGERS, JR.
Director
NORTH CAROLINA
Environmental Quality
February 24, 2023
John Hutton DWR Project #: 2020-194lv2
Wildlands Holdings III, LLC Wayne County
(via electronic mail: [e-mail] )
Re: Wildlands Neuse Umbrella Mitigation Banking Instrument (UMBI)
Little River Weaver Bank Parcel Credit Release — Task 2
Dear Mr. Hutton:
On January 30, 2023, the Division of Water Resources (DWR) received documentation from
Wildlands Holdings III, LLC (Wildlands) that the Little River Weaver site had been planted and
constructed in its entirety and monitoring plots had been installed. On February 22, 2023, staff with
DWR, with assistance from staff with Wildlands, inspected the site and confirmed that the subject
site had been adequately planted and that all monitoring plots were installed. Additionally, the
conservation easement boundary for the site was adequately marked. Wildlands did not seed the
riparian restoration areas; however, as noted in the approved Bank Parcel Development Package, "if
herbaceous vegetation does not appear to grow naturally, Wildlands will note the areas of deficiency
and seed them in Spring of 2023 ".
DWR received a performance bond (#107612652) issued to Wildlands from Travelers Casualty and
Surety Company of America, in the amount of $150,000, to cover performance obligations for the
construction of the subject site. The term of this bond will remain in effect until DWR has provided
a written approval of the As -Built Report.
In accordance with the UMBI, signed on June 10, 2022, the following Project Milestones have been
met and the corresponding credits shall be released:
Task/Milestones Credit
2) All mitigation activities including riparian earthwork, planting and 20%
installation of monitoring devices completed, easement boundaries
adequately marked, and all applicable permits obtained, site visit
performed by DWR
TOTAL: 20%
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

Little River Weaver Site
Wildlands
February 24, 2023
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 and are now
available to sell:
• 20% of the Neuse buffer Restoration credits (020 x 314,652 ft2 = 62,930.400 ft2)
• 20% of the Neuse buffer Preservation credits (020 x 1,436.436 ft2 = 287.287 ft2)
• 20% of the Nitrogen nutrient offset credits (020 x 58,069.583 lb-N = 11,613.917 lb-N)
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, 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 feel free to call me at [phone] if you have any questions regarding this
correspondence.
Sincerely,
DocuSigneddby_--
A43C72700BD543E...
Katie Merritt
401 & Buffer Permitting Branch
cc:File Copy (Katie Merritt)
Camden Brunick (Wildlands) — via electronic mail
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