20080229 Ver 1_USACE & EBX email - no prorated release_20150420

DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
69 DARLINGTON AVENUE
WILMINGTON, NORTH CAROLINA 28403 -1343
PEPLY TO ON OF April 17, 2015
Regulatory Division/1200A
Action ID SAW- 2005 - 21199, Forrest Creek Mitigation Bank
Mr Norton Webster
Environmental Banc & Exchange
900 Capability Drive, Suite 3100
Raleigh, North Carolina 27606
Dear Mr Webster
2- ,o b wl `1
APR 202015
DENR • 6'JATER RESOURCES
TRANSPORTATION PERMITTING UNIT
This correspondence is in reference to the expansion of your Forrest Creek
Mitigation Bank, known as the UT2 addendum. The Forrest Creek UT2 addendum site is
located adjacent to the existing Forrest Creek Mitigation Bank, which is approximately
seven miles northeast of Hillsborough and six miles northeast of Durham in northeastern
Orange County, North Carolina. The purpose of this letter is to confirm the Year 4
release of credits from the UT2 addendum expansion area as allowed under the 2008
Mitigation Rule, Part 332 8(g)(2), "Streamlined Review Process"
Pursuant to the Mitigation Banking Instrument (MBI) entitled, "Forrest Creek
Mitigation Bank ", dated February 2007, and the Mitigation Bank Addendum dated
September 1, 2011, ten percent (10 %) of the Bank's total enhancement credits from the
expansion shall be available for sale after Year 4, upon documentation of meeting success
criteria The Monitoring Year 4 Report dated October 35, 2014, was received on April
13, 2015, and details a successful fourth year for this portion of the bank This monitoring
report triggers an additional ten percent (10 %) release of credit, or 93 0 credits
Therefore, the total credits released today are 93 0 stream credits
By this correspondence, we confirm that you have satisfied the above requirements
and 93 0 additional credits are now available for sale from the complete total of 930
Stream Mitigation Units This will result in a cumulative total of 790 5 credits released
from the UT2 portion of Forrest Creek Mitigation Bank

Thank you for your time and cooperation If you have any questions, please do not
hesitate to contact me at (919) 554 -4884, Ext 23.
Sincerely,
Digitally signed by
WILLIAMSANDREW E 1244561655
DN c =US o =U 5 Government ou =OoD
ouyPKl ou =USA,
cn= WILLIAMS ANDREW E1244561655
Date 2015 04 17 15 59 10 0400
For
Jean B Gibby
Chief, Raleigh Regulatory
Field Office
Copies Furnished-
Ms Virginia Baker
NCDENR- Division of Water Resources
Wetland/401 Unit
1617 Mail Service Center
Raleigh, North Carolina 27699 -1617
Mr. Peter Benjamin
United States Fish and Wildlife Service
Post Office Box 33726
Raleigh, North Carolina 27636 -3726
Ms Shari Bryant
Post Office Box 129
Sedalia, North Carolina 27342
Mr. Todd Bowers
USEP A Region 4
Sam Nunn Atlanta Federal Center l
61 Forsyth Street, S W
Mail Code 9T25
Atlanta, GA 30303 -8960
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