20141149 Ver 9_Credit relese task 7, 8 partial_20240129

DocuSign Envelope ID:49AFE473-BDF7-4016-AB93-D1D007E2166D
ROY COOPER
Governor
ELIZABETH S. BISER
Secretary
RICHARD E. ROGERS, JR.
Director
NORTH CAROLINA
Environmental Quality
January 29, 2024
DWR Project #: 2014-1149v9
George Howard Alamance County
Restoration Systems, LLC
(via electronic mail: george(ai)restorationsystems.com )
Re: RS Haw River Subwatershed — Phase 1 Neuse Buffer & Nutrient Offset Umbrella
Mitigation Banking Instrument (UMBI)
Benton Branch Bank Parcel Credit Release — Task 7 (final), Task 8 (partial)
Dear Mr. Howard:
On November 12, 2021, the Division of Water Resources (DWR) received a Year 4 Monitoring
Report from Restoration Systems, LLC (RS) for the subject site. On March 23, 2022, DWR issued a
partial (2.5%) credit release for Task 7 with the remainder 2.5% of the credit release to be issued
upon 1) receiving confirmation that RS has planted stems in and around Plot 13 and, 2) if a site visit
confirmed there are no additional notable concerns with the rest of the site.
On December 29, 2022, the DWR received a Year 5 Monitoring Report from RS for the subject site
which included documentation that the supplemental planting efforts in and around Plot 13 had been
fully implemented. However, both the report and a site visit conducted by DWR on May 3, 2023,
revealed additional concerns on other portions of the subject site. As a result of the site visit, DWR
required RS to submit an Adaptive Management Plan (AMP) for review and approval. On June 8,
2023, RS submitted an AMP to DWR which was approved on June 19, 2023. The remainder 2.5%
credit release for Task 7 is now approved.
On January 10, 2024, the DWR received a Year 6 Monitoring Report from RS for the subject site.
The report included documentation that the AMP was fully implemented on November 27, 2023,
with the planting of 58 3-gallon and 20 1-gallon potted stems near/along Benton Branch. A partial
credit release of 5% for Task 8 is being issued, with the remaining 5% to be issued upon receipt of a
Year 7 monitoring report documenting successful performance of supplemental planting efforts in
and around Plots 18, 19 and 20.
DWR received a continuation certificate for the performance bond (#22BSBHT4273) in the amount
of $60,000 issued to RS from Hartford Fire Insurance Company, to cover monitoring and
maintenance at the subject site. The term of this bond applies beginning May 24, 2022 and ending
with the approval of the Year 5 Monitoring Report by DWR. This bond must remain in place until
DWR issues a final credit release of 5% for Task 8: Approval of Monitoring Report #5.
The credit release schedule for the Benton Branch Bank Parcel was outlined in the approved Bank
Parcel Development Package (BPDP). Therefore, in accordance with the UMBI and BPDP, signed
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
p.P.b..d.1�.n­w 919.707.9000

DocuSign Envelope ID:49AFE473-BDF7-4016-AB93-D1D007E2166D
Benton Branch
RS
January 29, 2024
on October 25, 2017 and January 22, 2018, respectively, the following Project Milestones have been
partially met and the corresponding credits shall be released:
Task/Milestones Credit
7) Monitoring Report #4: Approved by the DWR (final release) 2.5%
8) Monitoring Report #5: Approved by the DVWR and final site visit by DWR 5%
Has been conducted (partial release)
RS has partially satisfied the above requirements for the above -referenced tract. Therefore, 7.5% of
your Jordan Lake riparian buffer Restoration credits (0.075 x 455,056.93 ft2 = 34,129.27 ft2) and
7.5% of your Jordan Lake riparian buffer Enhancement and Preservation credits (0.075 x 225,763.44
ft2=16,932.26 ft2) are now released.
Additionally, 7.5% of your generated nitrogen (N) offset credits (0.075 x 179.95 = 13.50 lb-N) and
7.5% of your generated phosphorus (P) credits (0.075 x 11.5 = 0.86 lb-P) are now released.
Generated credits are credits that have not been applied to the appropriate delivery factor.
The delivery factors applied to this bank due to its location in the 14-digit HUC 03030002050050 are
25% for nitrogen and 8% for phosphorous. Therefore, the total amounts of delivered nutrient offset
credits for this site are 44.99 lb-N and 0.92 lb-P. By copy of this correspondence, 7.5% of your
delivered nitrogen offset credits (0.075 x 44.99 lb-N = 3.37 lb-N) and 7.5% of your delivered
phosphorus credits (0.075 x 0.92 = 0.07 lb-P) are now available for sale.
Please note that only the delivered nutrient offset credits can be sold from this bank and used
for impacts in the Haw River Arm of Jordan Lake within the Cape Fear River Basin.
Additionally, riparian buffer credits can only be used to offset impacts located in the Haw
River Sub Watershed of Jordan Lake according to 15A NCAC 02B .0295, which became
effective on November 1, 2015.
Please feel free to contact Katie Merritt (919-500-0683) if you have any questions regarding this
correspondence.
cc:File Copy (Blake Hartshorn)
Caitlan Parker — RS (via electronic Mail)
Sincerely,
DocuSigned by:
S{cp�,au�ut,��bSS
755ABFOCD808428...
Stephanie Goss, Supervisor
401 & Buffer Permitting Branch
Page 2 of 3

DocuSign Envelope ID: 49AFE473-BDF7-4016-AB93-D1 D007E2166D
Benton Branch
RS
January 29, 2024
Page 3 of 3