20201941 Ver 2_Credit Release Request Form - Task 4_20231121

November 20, 2023
CREDIT RELEASE REQUEST FORM

To: NCDEQ-DWR Nutrient Offset & Buffer Banking Coordinator
From: Kaitlyn Hogarth ([e-mail], 919-851-9986 x122)
Through: Wildlands Holdings III, LLC
We formally request a credit release for the Little River - Weaver Mitigation Bank Parcel (DWR ID#
2020-1941v2) for completion of Task 4 per the approved credit release schedule, which is included
in the Attachments with this request. The following documents have been reviewed and approved by
DWR for Task 4: Little River - Weaver Monitoring Year 1 Monitoring Report.
Credits requested for release are detailed below:
Credit Type % Release Credit Amount
(include Units)
Notes/Comments
Buffer Restoration 10% 31,469.900 sq feet 314,699.000 x 0.10 =
31,469.900
Buffer Preservation NA 140.610 sq feet 1,406.096 x 0.10 =
140.610
Buffer Enhancement NA NA
Generated Nitrogen Nutrient
Offset
10% 5,808.712 lbs 58,087.116 x 0.10 =
5,808.712
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) As-Built Project Credit Table
2) Approved MBI Credit Release Schedule
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 No I / P Restoration 0-100 UT1 & UT2 222,187 222,187 1 100% 1.00000 Yes 222,187.000 Yes 11,594.015
Nutrient Offset Rural No I / P Restoration 101-200 UT1 & UT2 199,938 1 33%No —Yes 10,433.032
Buffer Rural No Ditch Restoration 0-50 Ditch B 92,512 92,512 1 100% 1.00000 Yes 92,512.000 Yes 4,827.400
Nutrient Offset Rural No Ditch Restoration 0-100 Ditch B (50' - 100') 82,827 1 100%No —Yes 4,322.024
Nutrient Offset Rural No Ditch Restoration 0-100
Ditch A, Ditch C, Ditch D,
Ditch E 343,744 1 100%No —Yes 17,937.021
Nutrient Offset Rural No Ditch Restoration 101-200
Ditch A, Ditch B, Ditch C,
Ditch D, Ditch E 486,669 1 33%No —Yes 25,395.039
Rural No Ditch Restoration 0-100 Diffuse Flow Deductions 10,875 1 100%No —No —
Totals (ft2):1,438,752 314,699 314,699.000 74,508.530
Total Buffer (ft2):314,699 314,699
Total Nutrient Offset (ft2):1,113,178 N/A
Total Ephemeral Area (ft2) for Credit:0 0
Total Eligible Ephemeral Area (ft2):80,693 0.0%Ephemeral Reaches as % TABM
Enter Preservation Credits Below Total Eligible for Preservation (ft2):104,900 1.9%Preservation as % TABM
Credit Type Location Subject? Feature Type Mitigation Activity
Min-Max Buffer
Width (ft)Feature Name Total Area (sf)
Total (Creditable)
Area for Buffer
Mitigation (ft2)
Initial Credit
Ratio (x:1)% Full Credit Final Credit
Ratio (x:1)
Riparian
Buffer Credits
Buffer Rural No I / P 0-100 UT1 & UT2 6,517 6,517 5 100% 5.00000 1,303.400
Buffer Rural No I / P 101-200 UT2 1,556 1,556 5 33% 15.15152 102.696
Preservation Area Subtotals (ft2):8,073 8,073
Square Feet Credits
314,699 314,699.000
0 0.000
8,073 1,406.096
322,772 316,105.096
Square Feet Credits
Nitrogen:58,087.116
Phosphorus:0.000
Table 1. Project Credit Table
Little River - Weaver Mitigation Bank Parcel
Monitoring Year 1 - 2023
1,113,178
TOTAL AREA OF BUFFER MITIGATION (TABM)
TOTAL NUTRIENT OFFSET MITIGATION
Mitigation Totals
Nutrient Offset:
Preservation:
Total Riparian Buffer:
Neuse 03020201 - Outside Falls Lake
19.16394
N/A
Restoration:
Enhancement:
Mitigation Totals
1. The Randleman Lake buffer rules allow some ditches to be classified as subject according to 15A NCAC 02B .0250 (5)(a).
last updated 08/03/2020
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 & Mitigation Activities,  Planting and 
Installation of Monitoring Devices completed, easement boundaries 
adequately marked, all applicable permits obtained, site visit 
performed by DWR  
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% 
*For specification, please see Section V in this Instrument
** DWR Approval provided upon a determination that the site is meeting performance
standards contained within the approved BPDP