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HomeMy WebLinkAbout20180181 Ver 3_Credit Release_Task 5_20230411ROY COOPER Governor ELIZABETH S. BISER Secretary RICHARD E. ROGERS, JR. Director NORTH CAROLINA Environmental Quality April 11, 2023 DWR Project #: 2018-01810 Tommy Cousins Wayne County Water & Land Solutions, LLC (via electronic mail: toMMkwaterlandsolutions.com ) Re: Scarborough Mitigation Banking Instrument (MBI) Scarborough Bank Parcel Credit Release — Task 5 Dear Mr. Cousins: On November 4, 2022, the Division of Water Resources (DWR) received a Year 2 Monitoring Report from Water & Land Solutions, LLC (WLS) for the Scarborough site. Overall, site conditions appear to look good with the vegetation exceeding performance criterion and no encroachment within the conservation easement areas was observed. Lastly, according to information provided in the report, "all coastal headwater reaches are meeting the requirements for coastal headwater channel formation ". DWR received a continuation certificate and rider for performance bond (#SUR2003575) issued to WLS from Frankenmuth Mutual Insurance Company, in the amount of $60,000, to cover monitoring and maintenance at the subject site. The term of this bond ends with the approval of the Year 3 Monitoring Report by the DWR. Future credit releases will be dependent on both the renewal of this performance bond and the annual monitoring reports. In accordance with the MBI, signed on November 18, 2019, the following Project Milestones have been met and the corresponding credits shall be released: Task/Milestones 5) Monitoring Report #2 Approved by the DWR & financial assurance renewed Credits Nitrogen Riparian Credits Buffer Credits 10% 10% By copy of this correspondence, DWR confirms that you have satisfied the above requirements for the above -referenced tract and 10% of your Nitrogen nutrient offset credits (0.10 x 35,390.92 lb-N = 3,539.09 lb-N) are now available for sale and 10% of your Neuse riparian buffer restoration credits (0.10 x 694,782 ft2 = 69,478.20 ft2) 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 NORTH CARCLINA 919.707.9000 Scarborough Site Water & Land Solutions, LLC April 11, 2023 Please note that nutrient offset credits generated at this site must be used for impacts in HUC 03020202 of 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 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 (919) 807-6371 if you have any questions regarding this correspondence. Cc: DWR File Copy Sincerely, E DocuSigned by: W V A43C72700BD543E... Katie Merritt 401 & Buffer Permitting Branch Page 2 of 2