20210023 Ver 3_Credit Release Request Form - Anderson MY2_20230926

9/26/2023
CREDIT RELEASE REQUEST FORM
To: NCDEQ-DWR Nutrient Offset & Buffer Banking Coordinator
From: Kaitlyn Hogarth ([e-mail], 540-907-9432)
Through: Wildlands Holdings III, LLC
We formally request a credit release for the Anderson Farm II Mitigation Bank Parcel for completion
of Task #5 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 #5 and are pending review:
Anderson Farm II Mitigation Bank Parcel Monitoring Year 2 Report.
Credits requested for release are detailed below:
Credit Type % Release Credit Amount
(include Units)
Notes/Comments
Buffer Restoration 10% 3,998.000 square
feet
39,980.000 x 0.10 =
3,998.000
Buffer Preservation NA NA
Buffer Enhancement NA NA
Generated Nitrogen
Nutrient Offset
10% 3,053.433 pounds 30,534.326 x 0.10 =
3,053.433
Delivered Nitrogen
Nutrient Offset (Jordan
sites only)
NA NA
Generated Phosphorus
Nutrient Offset
NA NA
Delivered Phosphorus
Nutrient Offset (Jordan
sites only)
NA NA
Signature:
Attachments:
1) Approved Project Credit Table – Baseline Monitoring Report
2)Approved Credit Release Schedule - MBI
Project Area
N Credit Conversion Ratio (ft2/pound)
P Credit Conversion Ratio (ft2/pound)
Credit Type Location
Subject? (enter 
NO if ephemeral 
or ditch 1)
Feature Type Mitigation 
Activity
Min‐Max 
Buffer 
Width (ft)
Feature Name Total Area 
(ft2)
Total 
(Creditable) 
Area of Buffer 
Mitigation (ft2)
Initial 
Credit 
Ratio (x:1)
% Full 
Credit
 Final 
Credit 
Ratio (x:1) 
 Convertible to 
Riparian 
Buffer? 
 Riparian Buffer 
Credits 
 Convertible to 
Nutrient 
Offset? 
 Delivered 
Nutrient Offset: 
N (lbs) 
Buffer Rural Yes I / P Restoration 0‐100 UT3 39,980 39,980 1 100% 1.00000 Yes 39,980.000 Yes 2,086.210
Nutrient Offset Rural Yes I / P Restoration 101‐200 UT1, UT2, UT3 413,128 413,128 1 33% 3.03030 No —Yes 21,557.571
Nutrient Offset Rural No Ditch Restoration 0‐100 Ditch A 83,887 83,887 1 100% 1.00000 No —Yes 4,377.336
Nutrient Offset Rural No Ditch Restoration 101‐200 Ditch A 88,143 88,143 1 33% 3.03030 No —Yes 4,599.420
Nutrient Offset Rural No Ditch Restoration
Diffuse Flow 
Deduction 2,175 1 No —No —
Totals (ft2):627,313 625,138 39,980.000 32,620.536
Total Buffer (ft2):39,980 39,980
Total Nutrient Offset (ft2):587,333 N/A
Square Feet Credits
39,980 39,980.000
0 0.000
0 0.000
39,980 39,980.000
Square Feet Credits
Nitrogen:30,534.326
Phosphorus:0.000
#N/A
Anderson Farm II Project Credit
Table
Neuse 03020201 ‐ Outside Falls Lake
#N/A
Total Riparian Buffer:
TOTAL NUTRIENT OFFSET MITIGATION
Mitigation Totals
Nutrient Offset:587,333
TOTAL AREA OF BUFFER MITIGATION (TABM)
Mitigation Totals
Restoration:
Enhancement:
Preservation:
Anderson Farm II Credit Release Schedule
Table 3.0 ‐ Credit Release Schedule for Riparian Buffer and Nutrient Offset Credits  
Task Project Milestone 
% Credit 
Available for 
Sale 
1 Instrument and BPDP Approved by DWR, Conservation Easement 
Recorded*, and Financial Assurance Posted 20 
2 
All Riparian Earthwork, Planting and Installation of Monitoring 
Devices Completed, Easement Boundaries adequately marked, and 
all applicable permits obtained.  A site visit by DWR is required for 
this task. 
20 
3 Monitoring Financial Assurance Posted and Approval of As‐Built 
Report 10 
4 Monitoring Report #1: Approved by the DWR** & financial 
assurance renewed 10 
5 Monitoring Report #2: Approved by the DWR** & financial 
assurance renewed 10 
6 Monitoring Report #3: Approved by the DWR** & financial 
assurance renewed 10 
7 
Item B (I) of Section X in this Instrument has been completed and 
approved by DWR 5 
No remaining credits will be released until Task 7 has been satisfied, assigning the 
conversation easement to an approved land trust or long‐term steward.  
8 
Monitoring Report #4: Approved by the DWR** & financial 
assurance renewed 5 
9 
Monitoring Report #5: Approved by the DWR** and final site visit 
by DWR has been conducted 10 
Total 100%