20201940 Ver 2_Rosewood Credit Release Request Form - Task 4_20231130

November 30, 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 Rosewood Mitigation Bank Parcel (2020-1940v2) 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 submitted to NCDWR for Task 4 and are
pending review: Rosewood Mitigation Bank Parcel Monitoring Year 1 Report.
Credits requested for release are detailed below:
Credit Type % Release Credit Amount
(include Units)
Notes/Comments
Buffer Restoration 10% 71,755.925 ft² 0.10 x 717,559.251 ft²
= 71,755.925 ft²
Buffer Preservation N/A N/A
Buffer Enhancement N/A N/A
Generated Nitrogen Nutrient
Offset 10% 5,792.968 lbs. N 0.10 x 57,929.684 lbs. N =
5,792.968 lbs. N
Delivered Nitrogen Nutrient
Offset (Jordan sites only) N/A N/A
Generated Nitrogen Nutrient
Offset N/A N/A
Delivered Phosphorus Nutrient
Offset (Jordan sites only) N/A N/A
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 20-29 UT to Charles Branch 391 391 1 75%1.33333 Yes 293.251 No —
Buffer Rural Yes I / P Restoration 0-100
UT to Charles Branch,
UT1, UT2, UT3 717,266 717,266 1 100% 1.00000 Yes 717,266.000 Yes 37,427.898
Nutrient Offset Rural Yes I / P Restoration 101-200
UT to Charles Branch,
UT1, UT2, UT3 549,664 1 33% 3.03030 No —Yes 28,682.202
Nutrient Offset Rural No Ditch Restoration 0-100 D1, D2, D3 313,045 1 100%1.00000 No —Yes 16,335.106
Nutrient Offset Rural No Ditch Restoration 101-200 D1, D2, D3 247,452 1 33%3.03030 No —Yes 12,912.376
Buffer Rural No Ditch N/A 0-50 Diffuse Flow Deductions 10,875 1 100%1.00000 No —No —
Totals (ft2):1,838,693 717,657 717,559.251 95,357.582
Total Buffer (ft2):728,532 717,657
Total Nutrient Offset (ft2):1,110,161 N/A
Square Feet Credits
717,657 717,559.251
0 0.000
0 0.000
717,657 717,559.251
Square Feet Credits
Nitrogen:57,929.684
Phosphorus:0.000
N/A
Table 1. Project Credit Table
Rosewood Mitigation Bank Parcel
Monitoring Year 0 - 2023
Neuse 03020201 - Outside Falls Lake
19.16394
Total Riparian Buffer:
TOTAL NUTRIENT OFFSET MITIGATION
Mitigation Totals
Nutrient Offset:1,110,161
TOTAL AREA OF BUFFER MITIGATION (TABM)
Mitigation Totals
Restoration:
Enhancement:
Preservation:
UMBI approved Credit Release Schedule
Rosewood Mitigation Bank Parcel
Umbrella Mitigation Banking Instrument

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