20190157 Ver 3_Perry Hill II_MY3_Credit Release Request Letter Task 7_20230829

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WILDLANDS
ENGINEERING
August 29, 2023
CREDIT RELEASE REQUEST FORM
To: NCDEQ-DWR Nutrient Offset & Buffer Banking Coordinator
From: Andrea Eckardt, aeckardt(c�wildlandseng.com, 704.332.7754 x101
Through: Wildlands Holdings V, LLC
We formally request a credit release for the Perry Hill 11 Mitigation Bank Parcel (DWR ID# 2019-
0157 v3) for completion of Task 97 per the approved credit release schedule, which is included in the
Attachments with this request. The following documents have been submitted to DWR for Task 97
and are pending review: Recorded Assignment of Conservation Easement
Credits requested for release are detailed below:
Credit Type
% Release
Credit Amount
Notes/Comments
include Units
Buffer Restoration
5
1,644.100 ft2
(0.05 x 32,882.000 ft2 = 1,644.100 ft2)
Buffer Preservation
Buffer Enhancement
5
577.531 ft2
Cattle Exclusion. (0.05 x 11,550.621 ft2 _
577.531 ft2
Generated Nitrogen Nutrient
5
1,530.021 lb-N
(0.05 x 30,600.429 lb-N=1,530.021 lb-N)
Offset
Delivered Nitrogen Nutrient
Offset Jordan sites only)
Generated Phosphorus Nutrient
5
98.545 lb-P
(0.05 x 1,970.904 lb-P = 98.545 lb-P)
Offset
Delivered Phosphorus Nutrient
Offset Jordan sites only)
Signature: � ouvt� !�' L
Attachments:
1) Approved Project Credit Table (Monitoring Year 2)
2) Approved Credit Release Schedule (BPDP)
wWildlands Engineering, Inc. (P) 919.851.9986 • 312 West Millbrook Road, Suite 225 • Raleigh, NC 27609

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Approved Credit Release Schedule (BPDP)
Perry Hill II Mitigation Bank Parcel
Bank Parcel Development Package
% Credit Available for
Task
Project Milestone
Sale
Instrument and BPDP approved by DWR, full -delivery mitigation plan
1
approved by DWR, conservation easements recorded and financial
20%
assurance posted
Mitigation Site earthwork, planting and installation of monitoring
2
devices completed for both the Perry Hill full -delivery site (DMS
20%
ID#100093) and the Bank Parcel
3
Monitoring financial assurance posted and approval of As -Built report
10%
Monitoring Report #1 approved by DWR* & financial assurance
4
Renewed
5%**
Monitoring Report #2 approved by DWR* & financial assurance
5
15%**
renewed
Monitoring Report #3 approved by DWR* & financial assurance
6
renewed
10%
Item B(1) of Section X in the Instrument has been completed and
approved by DWR
o
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No remaining credits will be released until the conservation easement has been assigned to an
approved land trust or steward
Monitoring Report #4 approved by DWR* & financial assurance
8
5%
renewed
Monitoring Report #5 approved by DWR* and final site visit by DWR has
9
10%
been conducted
Total
100%
*DWR approval provided upon a determination that the Parcel is meeting performance standards contained
within the approved BPDP.
**Percentages adjusted for partial credit release in Monitoring Year 1.