HomeMy WebLinkAbout20231297 Ver 1_Receipt_20240213ROY COOPER
Governor
ELIZABETH S. BISER
Secretary
MARC RECKTENWALD
Director
Sushanth Charabuddi
Monroe Exchange, LLC
715 N Church Street, Suite 120
Charlotte, NC 28202
Project: The Exchange Apartments
County: Union
401 permit#: 2023-1297
404 permit#: 2021-01015
DMS ID#: MR-08584
Amount Paid: $25,891.05
Check Number: pp733143498
NORTH CAROLINA
Environmental Quality
RECEIPT
February 13, 2024
The NCDEQ Division of Mitigation Services (DMS) has received a check as indicated above as payment for the
compensatory mitigation requirements of the 401 Water Quality Certification/Section 404 Permit(s) issued for
the above -referenced project. This receipt serves as notification that your compensatory mitigation
requirements assigned to DMS associated with the authorized activity as specified below have been satisfied.
You must also comply with all other conditions of this certification and any other state, federal or local
government permits or authorization associated with this activity including G.S. § 143-214.11.
The DMS, by acceptance of this payment, acknowledges that the Division is responsible for the
compensatory mitigation requirements indicated below associated with the project permit and agrees to
provide the compensatory mitigation as specified in the permit. Mitigation responsibility assigned to the DMS
is nontransferable. The mitigation will be performed in accordance with the In -Lieu Fee Program instrument
dated July 28, 2010.
Mitigation Location
Mitigation Type
Credits
Yadkin 03040105
Riparian Wetland
0.34
Refunds of payments made to NCDMS are only approved under certain conditions. All refund requests must
be submitted in accordance with the Division's refund policy. If you have any questions or need additional
information, please contact Kelly.Williams@deq.nc.gov.
Sincerely,
Aawt_&�
Kelly Williams
ILF Program Coordinator
cc: Todd Tugwell, USACE - Raleigh; Emily Greer, USACE
Sheri Montalvo, NCDWR
Aliisa Harjumiemi, agent
Q
_North Carolina Department of Environmental Quallty I Division of Mitigation Services
��JJn 217 West Jones Street 1 1652 Mail Service Center I Raleigh, North Carolina 27699-1652
* r 919.707.8976
DocuSign Envelope ID: 45F03D41-8673-492B-AFA7-6FC11942133A8
ROY COOPER
Governor
ELIZABETH S. BISER
Secretary
RICHARD E. ROGERS, JR.
Director
NORTH CAROLINA
Environmental Quality
COMPENSATORY MITIGATION RESPONSIBILITY TRANSFER FORM
December 1, 2023
Permittee: Venkat Suryadevara and South East Land DWR Project #20231297
Investments, LLC
Project Name: The Exchange Apartments
County: Union
The Division has received an acceptance letter from the NC Division of Mitigation Services (DMS) to
satisfy the mitigation requirements set forth in 401 Individual Certification No. WQC006458 issued to
Venkat Suryadevara and South East Land Investments, LLC, dated December 1, 2023 as provided in the
table below.
Compensatory Mitigation River and 8-digit HUC Number
Riparian Wetland 1 0.170 acres (credits) Yadkin / 03040105
The Permittee must provide a copy of this form to DMS who will then sign the form to verify receipt of
payment and the transfer of the mitigation responsibility. Once DMS has signed this form, it is the
Permittee's responsibility to ensure that a signed copy of this form is submitted to the Division before
conducting any of the authorized impacts.
The Division of Mitigation Services verifies that the mitigation requirements (credits) shown above will
be debited using approved released or advance credits, and for all stream or wetland credits is in
accordance with the signed/approved In -Lieu Fee Instrument dated July 28, 2010. By signing below,
DMS is accepting full responsibility for the identified mitigation. As a reminder to the Mitigation
Provider, no more than 25 percent of the total mitigation required by Division can be met through
preservation, unless requested and approved by the Division Director (15A NCAC 02H. 0506(c)(7)).
Signature Authority Name (print): Kelly Williams for NCDMS
Signature: /� Date: 13 February 2024
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
NDR71 CAFOk NF � �/ 919.707.9000
o�m�,e�eme��.��me�ui ausi�rv` /—
Compensatory Mitigation Responsibility Transfer Form
Permittee: Venkat Suryadevara Action ID: SAW-2021-01015
Project Name: The Exchange Apartments County: Union
Instructions to Permittee: The Permittee must provide a copy of this form to the Mitigation Sponsor, either an
approved Mitigation Bank or the North Carolina Division of Mitigation Services (NCDMS), who will then sign the form
to verify the transfer of the mitigation responsibility. Once the Sponsor has signed this form, it is the Permittee's
responsibility to ensure that Wilmington District Project Manager identified on page two is in receipt of a signed
copy of this form before conducting authorized impacts, unless otherwise specified below. If more than one
Mitigation Sponsor will be used to provide the mitigation associated with the permit, or if the impacts and/or the
mitigation will occur in more than one 8-digit Hydrologic Unit Code (HUC), multiple forms will be attached to the
permit, and the separate forms for each Sponsor and/or HUC must be provided to the appropriate Mitigation
Sponsors.
Instructions to Sponsor: The Sponsor verifies that the mitigation requirements (credits) shown below have been
released and are available at the identified site. By signing below, the Sponsor is accepting full responsibility for the
identified mitigation, regardless of whether they have received payment from the Permittee. Once the form is
signed, the Sponsor must update the bank ledger and provide a copy of the signed form and the updated ledger to
the Permittee, the Project Manager who issued the permit, the Bank Project Manager, and the District Mitigation
Office (see contact information on page 2). The Sponsor must also comply with all reporting requirements
established in their authorizing instrument.
Permitted Impacts and Compensatory Mitigation Requirements
Permitted Impacts Requiring Mitigation*: 8-digit HUC and Basin: 03040105, Yadkin River Basin
Stream Impacts (linear feet)
Wetland Impacts (acres)
Riparian
Riparian Non-
Non -
Warm
Cool
Cold
Coastal
Riverine
Riverine
Riparian
0.17
*If more than one mitigation sponsor will be used for the permit, only include impacts to be mitigated by this
sponsor.
Compensatory Mitigation Requirements: 8-digit HUC and Basin: 03040105, Yadkin River Basin
Stream Mitigation (credits)
Wetland Mitigation (credits)
Riparian
Riparian Non-
Non -
Warm
Cool
Cold
Coastal
Riverine
Riverine
Riparian
0.34
Mitigation Site Debited: NC DMS
(List the name of the bank to be debited. For umbrella banks, also list the specific site. For NCDMS, list NCDMS. If
the NCDMS acceptance letter identifies a specific site, also list the specific site to be debited).
Section to be completed by the Mitigation Sponsor
Statement of Mitigation Liability Acceptance: I, the undersigned, verify that I am authorized to approve mitigation
transactions for the Mitigation Sponsor shown below, and I certify that the Sponsor agrees to accept full
responsibility for providing the mitigation identified in this document (see the table above), associated with the
USACE Permittee and Action ID number shown. I also verify that released credits (and/or advance credits for
NCDMS), as approved by the Wilmington District, are currently available at the mitigation site identified above.
Further, I understand that if the Sponsor fails to provide the required compensatory mitigation, the USACE
Wilmington District Engineer may pursue measures against the Sponsor to ensure compliance associated with the
mitigation requirements.
Mitigation Sponsor Name: NCDMS
Name of Sponsor's Authorized Representative: Kelly Williams
"- �r1-1 13 February 2024
Signature of Sponsor's Authorized Representative Date of Signature
Conditions for Transfer of Compensatory Mitigation Credit:
• Once this document has been signed by the Mitigation Sponsor and the District is in receipt of the signed form,
the Permittee is no longer responsible for providing the mitigation identified in this form, though the Permittee
remains responsible for any other mitigation requirements stated in the permit conditions.
• Construction within jurisdictional areas authorized by the permit identified on page one of this form can begin
only after the District is in receipt of a copy of this document signed by the Sponsor, confirming that the Sponsor
has accepted responsibility for providing the mitigation requirements listed herein. When NCDMS provides
mitigation for authorized impacts conducted by the North Carolina Department of Transportation (NCDOT),
construction within jurisdictional areas may proceed upon permit issuance; however, a copy of this form signed
by NCDMS must be provided to the District within 30 days of permit issuance. NCDOT remains fully responsible
for the mitigation until the District has received this form, confirming that the Sponsor has accepted
responsibility for providing the mitigation requirements listed herein.
• Signed copies of this document must be retained by the Permittee, Mitigation Sponsor, and in the USACE
administrative records for both the permit and the Bank/ILF Instrument. It is the Permittee's responsibility to
ensure that the District Project Manager (address below) is provided with a signed copy of this form.
• If changes are proposed to the type, amount, or location of mitigation after this form has been signed and
returned to the District, the Sponsor must obtain case -by -case approval from the District Project Manager
and/or North Carolina Interagency Review Team (NCIRT). If approved, higher mitigation ratios may be applied,
as per current District guidance and a new version of this form must be completed and included in the District
administrative records for both the permit and the Bank/ILF Instrument.
Comments/Additional Conditions:
This form is not valid unless signed below by the District Project Manager and by the Mitigation Sponsor on Page 1.
Once signed, the Sponsor should provide copies of this form along with an updated bank ledger to: 1) the
Permittee, 2) the District Project Manager at the address below, 3) the Bank Manager listed in RIBITS, and 4) the
Wilmington District Mitigation Office, 3331 Heritage Trade Drive, Suite 105, Wake Forest, NC 27587 (or by email
to SAWMIT@usace.army. mil ). Questions regarding this form or any of the permit conditions maybe directed to the
District Mitigation Office.
USACE Project Manager: Emily Greer
USACE Field Office: Charlotte Field Office
US Army Corps of Engineers
8430 University Executive Park Drive
Charlotte
Email: emily.c.greer@usace.army.mil
Emily Greer Digitally signed ate: 202 01.2bEmily Greer
January 22, 2024
Wilmington District Project Manager Signature Date of Signature
Current Wilmington District mitigation guidance, including information on mitigation ratios, functional
assessments, and mitigation bank location and availability, and credit classifications (including stream temperature
and wetland groupings) is available at http://ribits.usace.army.mil