20211669 Ver 1_Approval Letter / Clearwater Neuse 01 UMBI & Lowlands Mitigation Site (2)

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Kevin,

Please see the attached letter approving the initial release of credits associated with bank approval and the approval of the Lowlands Wetland Mitigation Site. RIBITS has been updated
to reflect this credit release. This electronic copy is your official Department of the Army authorization; no paper copy will be mailed unless you request a copy.

Please let me know if you have any questions.

Thank you,

Todd Tugwell

Chief, Mitigation Branch

Regulatory Division

Wilmington District, USACE

[phone]

From: Kevin Yates <[e-mail]>
Sent: Monday, October 30, 2023 11:02 AM
To: Tugwell, Todd J CIV USARMY CESAW (USA) <[e-mail]>; Haywood, Casey M CIV USARMY CESAW (USA) <[e-mail]>
Subject: [Non-DoD Source] Re: Approval Letter / Clearwater Neuse 01 UMBI & Lowlands Mitigation Site / SAW-2017-01815 / Johnston County

Good Morning Todd,

I have uploaded the initial credit release request (single pdf) to RIBITS for the Lowlands Site which includes the following:

1) Credit Release Schedule (Table 8 from Mit Plan)

2) Riparian & Non-Riparian Wetland Ledgers

3) Financial Assurance Policy which includes the NCWHF as the Third Party Designee on Page 3 of the policy.

4) Confirmation of fully funded endowment from NCWHF.

5) Recorded Assignment of Conservation Easements (to NC Wildlife Habitat Foundation) which includes the previously recorded CE Deeds, Plat, and executed title insurance policy.

Let me know if you have any questions.

Thanks,

Kevin

Kevin Yates

Clearwater Mitigation Solutions

919-624-6901

On Wed, Oct 25, 2023 at 3:18 PM Tugwell, Todd J CIV USARMY CESAW (USA) <[e-mail] <mailto:[e-mail]> > wrote:

Kevin,

Please see the attached letter approving the Clearwater Neuse 01 Umbrella Mitigation Bank and the Lowlands Wetland Site Final Mitigation Plan (SAW-2017-1815). The signed UMBI is included
as an attachment to this letter. This electronic copy is your official Department of the Army authorization; no paper copy will be mailed unless you request a copy. Please note that
this approval letter does not release any credits. Please provide us with documentation necessary to demonstrate that you have completed those actions (establishment of endowment,
financial assurances, etc.) along with a letter that requests the amount and type of credits associated with the initial release.

Please let me know if you have any questions.

Thank you,

Todd Tugwell

Chief, Mitigation Branch

Regulatory Division

Wilmington District, USACE

[phone]

I have uploaded the initial credit release request (single pdf) to RIBITS for the Lowlands Site which includes the
following:

1) Credit Release Schedule (Table 8 from Mit Plan)
2) Riparian & Non-Riparian Wetland Ledgers
3) Financial Assurance Policy which includes the NCWHF as the Third Party Designee on Page 3 of the policy.
4) Confirmation of fully funded endowment from NCWHF.
5) Recorded Assignment of Conservation Easements (to NC Wildlife Habitat Foundation) which includes the previously
recorded CE Deeds, Plat, and executed title insurance policy.

Let me know if you have any questions.
Thanks,
Kevin

Kevin Yates

Clearwater Mitigation Solutions
919-624-6901

On Wed, Oct 25, 2023 at 3:18 PM Tugwell, Todd J CIV USARMY CESAW (USA) <[e-mail]> wrote:
Kevin,
Please see the attached letter approving the Clearwater Neuse 01 Umbrella Mitigation Bank and the Lowlands Wetland
Site Final Mitigation Plan (SAW-2017-1815). The signed UMBI is included as an attachment to this letter. This
electronic copy is your official Department of the Army authorization; no paper copy will be mailed unless you request
a copy. Please note that this approval letter does not release any credits. Please provide us with documentation
necessary to demonstrate that you have completed those actions (establishment of endowment, financial assurances,
etc.) along with a letter that requests the amount and type of credits associated with the initial release.

Please let me know if you have any questions.

Thank you,

Todd Tugwell
Chief, Mitigation Branch
Regulatory Division
Wilmington District, USACE
[phone]

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