20221796 Ver 1_Updated Mitigation Information_20231026 (4)

ROY COOPER
Governor
ELIZABETH S. BISER
Secretary
MARC itECKTENWALD
Director
H. Glen Bagwell, Jr.
Sound Timber Management LLC
333 Sherwee Drive
Raleigh, NC 27603
Project: Project Ocean
NORTH CAROLINA
Environmental Quality
October 25, 2023
Expiration of Acceptance: 4/25/2024
County: Wake
The purpose of this letter is to notify you that the NCDEQ Division of Mitigation Services (DMS) is willing to
accept payment for a portion of the compensatory mitigation for impacts associated with the above
referenced project as indicated in the table below. Please note that this decision does not assure that
participation in the DMS in -lieu fee mitigation program will be approved by the permit issuing agencies as
mitigation for project impacts. It is the responsibility of the applicant to contact permitting agencies to
determine if payment to the DMS will be approved. You must also comply with all other state, federal or local
government permits, regulations or authorizations associated with the proposed activity including G.S. § 143-
214.11.
This acceptance is valid for six months from the date of this letter and is not transferable. If we have not
received a copy of the issued 404 Permit/401 Certification within this time frame, this acceptance will
expire. It is the applicant's responsibility to send copies of the permits to DMS. Once DMS receives a copy
of the permit(s) an invoice will be issued based on the required mitigation in that permit and payment must
be made prior to conducting the authorized work. The amount of the in -lieu fee to be paid by an applicant is
calculated based upon the Fee Schedule and policies listed on the DMS website.
Based on the information supplied by you in your request to use the DMS, the impacts for which you are
requesting compensatory mitigation credit are summarized in the following table. The amount of mitigation
required and assigned to DMS for this impact is determined by permitting agencies and may exceed the
impact amounts shown below and is dependent on bank credit availability.
River Basin
Impact Location
8-di it HUC
Impact Type
Impact Quantity
Neuse
03020201
Riparian Buffer
Up to 14,770 @ 3:1
Upon receipt of payment, DMS will take responsibility for providing the compensatory mitigation. The
mitigation will be performed in accordance with the In -Lieu Fee Program instrument dated July 28, 2010 and
15A NCAC 02B .0295 as applicable. Thank you for your interest in the DMS in -lieu fee mitigation program.
If you have any questions or need additional information, please contact [e-mail].
Sincerely,
Ae�A��
FOR James. B Stanfill
Deputy Director
cc: Jeff Harbour, agent
North Carolina Department of Environmental Quality I Division of Mitigation Services
fk; C0.R[71 IRAAEQ 217 west Jones Street 1 1652 Mail Service Center I Raleigh, North Carolina 27699-1652
do.t.—M EP7... a f `� 919.707.8976