20160981 Ver 1_Final Credit Release_20231102

DocuSign Envelope ID: 7518E8B4-95EB-4C9C-A3F2-6316B1A5EC55
ROY COOPER
Governor
ELIZABETH S. BISER
Secretary
RICHARD E. ROGERS, JR.
Director
Jamey McEachran
EBX Neuse 1, LLC
(via electronic mail
jmceachrangres.us )
NORTH CAROLINA
Environmental Quality
November 2, 2023
DWR Project #: 2016-0981v2
Johnston County
Re: RES Poplar Creek Buffer & Nutrient Offset Umbrella Mitigation Banking Instrument
(UMBI)
Uzzle Bank Parcel— Task 9 FINAL RELEASE & MONITORING CLOSEOUT
Dear Ms. McEachran:
On October 27, 2023, the Division of Water Resources (DWR) received a Year 5 Monitoring Report
from EBX Neuse 1, LLC (EBX) for the Uzzle Buffer Mitigation Bank (Site). On November 1, 2023,
Blake Hartshorn and Katie Merritt with the DWR, visited the Site to compare vegetation data
submitted in the report with onsite conditions and to evaluate the Site for closeout of the monitoring
requirements for the buffer mitigation bank. As a result of the site visit evaluation, Ms. Merritt
supports closing out the Site for any further monitoring and maintenance of the riparian vegetation
and conservation easement associated with the buffer mitigation credit areas. However, the
conservation easement for the Site also includes the Uzzle Stream Mitigation Bank (Stream Bank).
Therefore, additional monitoring and maintenance requirements for the Stream Bank will need to
continue until closeout of the Stream Bank has been authorized by the US Army Corps of Engineers
and Interagency Review Team. According to DWR files, the Grantee of this Site's conservation
easement is NC Wildlife Habitat Foundation.
By copy of this letter, the monitoring requirements at the subject site have been met and DWR is
releasing EBX from its financial assurance obligations under performance bond (#K15480609) with
Federal Insurance Company.
In accordance with the UMBI, signed on January 16, 2019, the following Project Milestones have
been met and the corresponding credits shall be released:
Task/Milestones Credit
9) Monitoring Report #5: Approved by DWR & final site visit by DWR has been 10%
conducted
By copy of this correspondence, DWR confirms that you have satisfied the above requirements for
the above -referenced tract and 10% of your Neuse buffer Enhancement credits from cattle exclusion
(0.10 x 268,834.04 ft2 = 26,883.40 ft2) are now released and available to sell.
North Carolina Department of Environmental Quality I Division of Water Resources
512 North Salisbury Street 1 1611 Mail Service Center I Raleigh, North Carolina 27699-1611
NORTH CARCLINA
919.707.9000

DocuSign Envelope ID: 7518E8B4-95EB-4C9C-A3F2-6316B1A5EC55
Uzzle Site
EBX
November 2, 2023
Please note that the riparian buffer credits must be used for impacts in the Neuse River Basin
in accordance with guidelines in the Consolidated Buffer Mitigation Rule, 15A NCAC
02B .0295, which became effective on November 1, 2015.
Please feel free to call [phone] if you have any questions regarding this correspondence.
Sincerely,
IDocuSigned by: �
S � C "6ss
980C5097D80E4E9...
Stephanie Goss, Supervisor
401 & Buffer Permitting Branch
cc:File Copy (Blake Hartshorn)
Travis Cook (EBX) — via electronic mail
Kim Isenhour — USACE kimberly.t.isenhourgusace.army.mil
Theodore Bethea — NC Wildlife Habitat Foundation beaubethea(& mail.com
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