20170110 Ver 2_Credit Release Weaver Farm 5 (final) 6(final) 9(partial)

DocuSign Envelope ID: 58081AA0-D885-49C0-9727-99F7DE17B1E8
ROY COOPER
Governor
ELIZABETH S. BISERr,z.� a2
Secretary
RICHAM E. ROGERS, JR. NORTH CAROLINA
Director Environmental Quality
July 20, 2023
Barrett Jenkins
Restoration Systems, LLC
(via electronic mail: bienkins cl,restorationsystems.com )
DWR Project #: 2017-0110v2
Wayne County
Re: Weaver Farm Mitigation Banking Instrument (MBI)
Weaver Farm Nutrient Offset & Buffer Mitigation Bank
Credit Release— Task 5 (final), Task 6 (final), Task 9 (partial)
Dear Mr. Jenkins:
On December 29, 2022, the Division of Water Resources (DWR) received a Year 5 Monitoring
Report from Restoration Systems, LLC (RS) for the Weaver Farm Mitigation Site (Site). On May
16, 2023, Katie Merritt with the DWR, visited the Site to compare vegetation data submitted in the
report with onsite conditions and to evaluate the Site for closeout of the monitoring requirements for
the riparian vegetation. Staff with RS were also present. Data provided in the report and onsite
observations prove that the significant replanting and seeding efforts, soil amendments, and chemical
treatments performed on the site as part of the Adaptive Management Plan are still benefiting the site.
However, there are still concerns that a good portion of the site may not continue to trend towards
meeting performance standards. Therefore, DWR documented the following action items needed by
RS prior to approving the Site for full closeout of the monitoring requirements. A supporting figure
labeled "Weaver Farm Map — Post Closeout Meeting Notes" is also attached to this correspondence:
• Additional Monitoring is required for Plots 1-7. Anticipate site closeout in Spring 2024 if
planted stems continue to show high survival and vigor. Stem heights and average vigor per
plot will also need to be included in the Year 6 Monitoring Report.
• Plot 18 has zero (0) stems and was representative of the area around it. Plot 18 and the area
around this plot (see figure attached) will require a supplemental planting effort. Species
chosen in this area need to be suitable for and tolerant with wet soils. DWR will support
species that meet these site conditions, even if they were not on any approved species list for
this Site. Two transects (of reasonable size and shape) will need to be included in the Year 6
monitoring report to prove stems were adequately planted. RS must submit site photos and
supporting maps/figures documenting the full completion of the planting effort. All
documentation needs to be included in the Year 6 monitoring report.
A partial credit release of 5% (out of 10%) is being issued with the remaining 5% to be issued upon
approval of the Year 6 monitoring report. DWR received a continuation certificate for performance
bond (#22BSBHT4261) in the amount of $100,000 issued to RS from The Hartford Fire Insurance
Company to cover monitoring and maintenance at the subject site. The term of this bond ended with
DWR approval of the Year 4 monitoring report. DWR received a new performance bond
D E Q ,fJ 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 CAROLINA (J1(�.'�O'�.(�OQO
Department of Emlmnmenfal Duali�

DocuSign Envelope ID: 58081AA0-D885-49C0-9727-99F7DE17B1E8 Weaver Farm Site
Restoration Systems, LLC
July 20, 2023
(K41730006) issued to RS from Federal Insurance Company, in the amount of $40,000. This bond
replaces the previous performance bond (#22BSBHT4261) referenced above. The term of this bond
ends with the approval of the Year 2 Monitoring Report by 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 July 7, 2017, the following Project Milestones have been met,
and the corresponding credits shall be released:
Task/Milestones
Credit
5) Monitoring Report #2: Approved by the DWR & financial 5%
assurance renewed (final)
6) Monitoring Report #3: Approved by the DWR & financial 5%
assurance renewed (final)
9) Monitoring Report #5: Approved by the DWR & financial 5%
assurance renewed (partial release)
TOTAL: 15%
By copy of this correspondence, DWR confirms that you have satisfied the above requirements for
the above -referenced tract and 15% of your Neuse riparian buffer Restoration credits (0.15 x 267,894
ft2 = 40,184.10 ft) and 15% of your Nitrogen nutrient offset credits (0.15 x 34,913.58 lb-N =
5,237.04 lb-N) are now available for sale.
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 according to guidelines in the Consolidated Buffer Mitigation Rule, 15A NCAC 02B .0295,
which became effective on November 1, 2015. Additionally, riparian buffer Preservation credits
cannot be converted into nutrient offset credits.
Please feel free to contact Katie Merritt at katie.merritt&deq.nc. og_v if you have any questions
regarding this correspondence.
Sincerely,
Docu/S,ig-ned,by:
S� �t' C1(JSS
755ABFOCD80B428...
Stephanie Goss, Supervisor
401 & Buffer Permitting Branch
Attachments: Weaver Farm Map — Post closeout meeting notes
cc:File Copy (Blake Hartshorn)
Caitlyn Parker (Davey/RS) - via electronic mail
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