20180466 Ver2_Credit Release Task 5_20210426

ROY COOPER
Governor
DIONNE DELLFGATTI
Secretary
S. DANIEL SMITH
Director
Jeffrey Becker/Bobby Ham
Greene Environmental Services, LLC
963 Hwy 258 S.
Snow Hill, NC 28580
NORTH CAROLINA
Environmental Quality
April 26, 2021
DWR Project #: 2018-0466v2
Beaufort County
(via electronic mail: jrbecker(c-l�bellsouth.net, bobby&hamfarms.com )
Re: Dixon Road Mitigation Banking Instrument (MBI)
Dixon Road Bank Parcel Credit Release — Task 5
Dear Mr. Becker:
On January 21, 2021, the Division of Water Resources (DWR) received the Year 2 Monitoring
Report from Greene Environmental Services, LLC (GES) for the Dixon Rd site. Results of the
vegetation data showed stem densities higher than the required 260 stems/acre throughout most of
the site. Additionally, no concerns with invasive species or encroachment within the easement
boundary were noted.
DWR received a bond rider for performance bond (#1131863) in the amount of $100,000 issued to
GES from Old Republic Surety Company, to cover monitoring and maintenance at the subject site.
The term of this bond applies through December 1, 2021. Future credit releases will be dependent on
both the renewal of this performance bond and the annual monitoring reports.
In accordance with the MBI, signed on March 7, 2019, the following Project Milestones have been
met and the corresponding credits shall be released:
Task/Milestones Credit
5) Monitoring Report #2: Approved by the DWR & financial assurance renewed 10%
By copy of this correspondence, DWR confirms that you have satisfied the above requirements for
the above -referenced tract and 10% of your Nitrogen nutrient offset credits
(0.10 x 22,752.93 lb-N = 2,275.29 lb-N) and 10% of your Phosphorus nutrient offset credits
(0.10 x 1,465.46 lb-P=146.55 lb-P) are now available to sell. Additionally, 10% of your Neuse
buffer Restoration credits (0.10 x 274,846.12 ft2 = 27,484.61 ft2) are now available to sell.
Please note that nutrient offset credits generated at this site must be used for impacts in HUC
03020104 of the Tar -Pamlico River Basin pursuant to 15A NCAC 02B .0703, which became
effective on April 1, 2020. Additionally, the riparian buffer credits must be used for impacts in
D E Q�� North Carolina Department of Environmental Quality I Division of Water Resources
512 North Salisbury Street 1 1617 Mail Service Center I Raleigh, North Carolina 27699-1617
NORTH CAROLiNA
oewaM or E,.nmme�ai a�ai� /'�� 919.707.9000

Dixon Road Site
GES
April 26, 2021
the Tar -Pamlico 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 Katie Merritt at [phone] if you have any questions regarding this
correspondence.
Sincerely,
E
Do,.c�uS^igne�d Aby:
11\
A43C72700BD543E...
Katie Merritt
401 & Buffer Permitting Branch
Cc : File Copy (Katie Merritt)
Heather Docsh— GES (via electronic mail: [e-mail])
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