20041764 Ver 2_EEP Acceptance Letters_20071108

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Fcosystem
PROGRAM
November 8, 2007
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Karl Blackley
MBV Investors, LLC
100 Weston Parkway
Cary, NC 27513 Expiration of Acceptance: May 8, 2008
Project: Shiloh Crossing County: Wake
The purpose of this letter is to notify you that the North Carolina Ecosystem Enhancement Program (NCEEP) is willing to
accept payment for impacts associated with the above referenced project. Please note that this decision does not assure that
the payment will be approved by the permit issuing agencies as mitigation for project impacts. It is the responsibility of the
applicant to contact these agencies to determine if payment to +hP Nt'F..FP will be approved.
This acceptance is valid for six months from the date of this letter and is not transferable. If we have not received a copy of
the issued 404 Permit/401 Certification/CAMA permit within this time frame, this acceptance will expire. It is the
applicant's responsibility to send copies of the permits. to NCEEP. Once NCEEP receives a copy of the permit(s) an invoice
will be issued based on the required mitigation in that permit and payment must be made prior to conducting the authorized
work. The amount of the In Lieu Fee to be paid to NCEEP by an applicant is calculated based upon the Fee Schedule and
policies listed at www.nceep.net.
Based on the information supplied by you the impacts that may require compensatory mitigation are summarized in the
following table.
Neuse Stream (feet) Wetlands (acres)
03020201
Cold Cool Warm Ri arian Non-Riparian Coastal Marsh
Impacts 0 0 274 0.206 _
0.273 0
Credits 0 0 548 0.412 0.546 0
Buffer I I Buffer II
(Sq. Ft.) (Sq. Ft.)
10,883 8,617
32,649 12,926
Upon receipt of payment, EEP will take responsibility for providing the compensatory mitigation. If the regulatory agencies
require mitigation credits greater than indicated above, and the applicant wants NCEEP to be responsible for the additional
mitigation, the applicant will need to submit a mitigation request to NCEEP for approval prior to permit issuance. The
mitigation will be performed in accordance with the Memorandum of Understanding between the N. C. Department of
Environment and Natural Resources and the U. S. Army Corps of Engineers dated November 4, 1998.
If you have any questions or need additional information, please contact Kelly Williams at [phone].
Sincerely,
William D. Gilmore, PE
Director
cc: Cyndi Karoly, NCDWQ Wetlands/401 Unit
Monte Matthews, USAGE-Raleigh
Eric Kulz, NCDWQ-Raleigh
Craig Duerr, agent
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North Carolina Ecosystem Enhancement Program, 1652 Mail Service Center, Raleigh, NC 27699-1652 / 919-715-0476 / www.nceep.net