20140705 Ver 1_Selma Mill Year 6 Monitoring Credit Release

September 21, 2023

Regulatory Division

Action ID No. SAW-2015-00710

Re: Year 6 Monitoring Report Review and Credit Release associated with Neu-Con
Umbrella Mitigation Bank - Selma Mill Stream Mitigation Site

Ms. Jamey McEachran
EBX-Neuse I, LLC
3600 Glenwood Avenue, Suite 100
Raleigh, North Carolina 27612

Dear Ms. McEachran:

This correspondence is in reference to the Neu-Con Umbrella Mitigation Bank, Selma
Mill Stream Mitigation Site located in eastern North Carolina. The site includes unnamed
tributaries that flow to the Neuse River in the Upper Neuse Cataloging Unit (03020201)
and is located north of the intersection of W. Chestnut Street and NC Highway 96, north
of Selma, in Johnston County, North Carolina. The purpose of this letter is to transmit
comments provided by the NC Interagency Review Team (NCIRT) during the review of
the monitoring report (see attached) and to confirm the Year 6 credit release for this
mitigation site.

Pursuant to the site’s Umbrella Mitigation Banking Instrument and the site-specific
Mitigation Plan, the following mitigation credits shall be available for sale provided the
annual monitoring report demonstrates interim performance standards are being met:

• 5% of the total enhancement and/or restoration Stream Mitigation Units
(SMUs) associated with year 6 annual monitoring (365.25 Warm Water SMUs)

Based on a review of the data provided for the stream restoration on the site, we
confirm that you have satisfied the above requirements, and 365.25 SMUs are now
available for sale. To date, 6574.5 SMUs have been released for sale.

Please review the comments provided by the NCIRT during their review of the
monitoring report. While it is not necessary to provide a response to specific comments
DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
69 DARLINGTON AVENUE
WILMINGTON, NORTH CAROLINA 28403-1343

at this time, please be sure to address the issues raised in future monitoring report
submittals.

Thank you for your interest in restoring and protecting waters of the United States. If
you have questions regarding this letter, please contact Kim Isenhour at
[e-mail] or telephone [phone].

Sincerely,

Kimberly Isenhour
for Todd Tugwell
Mitigation Branch Chief
Regulatory Division

Electronic Copies Furnished:
NCIRT Distribution List