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HomeMy WebLinkAboutCredit Release Task 2DocuSign Envelope ID: 84714FCA-45D7-46E7-A47A-B42AAA1D97DE ROY COOPER Governor ELIZABETH S. BISER Secretary RICHARD E. ROGERS, JR. Director John Hutton NORTH CAROLINA Environmental Quality July 21, 2023 Wildlands Holdings VI, LLC (via electronic mail: jhuttongwildlandseng com ) DWR Project #: 2020-1096 Re: Wildlands Catawba Umbrella Mitigation Banking Instrument (UMBI) Firestone Bank Parcel Credit Release — Task 2 Dear Mr. Hutton: Catawba County On June 21, 2023, the Division of Water Resources (DWR) received documentation from Wildlands Holdings VI, LLC (Wildlands) that the subject site had been constructed in its entirety and monitoring plots had been installed. On July 12, 2023, Blake Hartshorn with DWR, with assistance from staff with Wildlands, inspected the site and confirmed that all the subject site had been completely planted, all monitoring plots were installed, and all stream mitigation activities appeared to be completed with all riparian areas, including the stream banks, seeded and stabilized. Required fencing was installed and the conservation easement was adequately marked. Lastly, DWR received a performance bond (#107688095) 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 September 12, 2022, the following Project Milestones have been met and the corresponding credits shall be released: Cattle Non -Cattle Exclusion Exclusion Credits Task/Milestones Credits Released Released 2) All Riparian Earthwork & Mitigation Activities, Planting and 40% 20% Installation of Monitoring devices completed, easement boundaries adequately marked, all applicable permits obtained, stream mitigation activities completed & a site visit performed by DWR 7) Item B (1) of Section X in the UMBI (assign the easement 5% Already released to stewardship) has been completed and approved by DWR TOTAL RELEASED: 45% 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 NORTH CARCLINA 919.707.9000 DocuSign Envelope ID: 84714FCA-45D7-46E7-A47A-B42AAA1D97DE Firestone Site Wildlands July 21, 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 buffer restoration and buffer preservation credits (0.20 x 416,330.106 ft2 = 83,266.021 ft2) • 45% of buffer enhancement via cattle exclusion credits (0.45 x 27,267 ft2 = 12,270.15 ft2 ) Please note that these riparian buffer credits can be provided to offset permitted impacts along the Catawba River mainstem below Lake James and along mainstem lakes from and including Lake James to the North Carolina and South Carolina border in the Catawba 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 contact Katie Merritt at katie.merrittkdeq.nc. og_v if you have any questions regarding this correspondence. Sincerely, Es DocuS.ig-n'e-d 'by:h l�t' C7fJSS 755ABFOCD8OB428... Stephanie Goss, Supervisor 401 & Buffer Permitting Branch cc:File Copy (Katie Merritt) Camden Brunick (Wildlands) — via electronic mail Page 2 of 2