20051967 Ver 2_EEP Letters_20060613

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PROGRAM
June 13, 2006
Sean Clark
Soil & Environmental Consultants, Inc.
1 lOlO Raven Ridge Road
Raleigh, NC 27614
Project: Waterstone Residential Development County: Orange

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The purpose of this letter is to notify you that the North Carolina Ecosystem Enhancement Program (NC EEP) 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 the NC EEP will be approved.
This acceptance is valid for six months from the date of this letter. If we have not received a copy of the issued 404
Permit/401 Certification within this time frame, this acceptance will expire. It is [he applicant's responsibility to send
copies of the 404/401/CAMA permits to NC EEP. Once NC EEP receives a copy of the 404 Permit and/or the 401
Certification an invoice will be issued and payment must be made.
Based on the information supplied by you the impacts that may require compensatory mitigation are summarized in the
following table.
River Basin Wetlands Stream Buffer Buffer
Cataloging (Acres) (Linear Feet) Zone 1 Zone 2
Unit (Sq. Ft.) (Sq. Ft.)
Ri arian Non-Ri arian Coastal Marsh Cold Cool Warm
Neuse 0.145 0 0 0 0 584 35,643 14,186
03020201
Upon receipt of payment, EEP will take responsibility for providing the compensatory mitigation for the permitted impacts
up to a 2:1 ratio, (buffers, Zone 1 at a 3:1 ratio and Zone 2 at a 1.5:1 ratio). The type and amount of the compensatory
mitigation will be as specified in the Section 404 Permit and/or 401 Water Quality Certification, and/or CAMA Permit. 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 Chris Mankoff at [phone].
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cc: Cyndi Karoly, Wetlands/401 Unit
Monte Matthews, USACE -Raleigh
Eric Kulz, DWQ Regional Office -Raleigh
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William D. Gilmore, PE
Director
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North Carolina Ecosystem Enhancement Program, 1652 Mail Service Center, Raleigh, NC 27699-1652 / 919-715-0476 / www.nceep.net

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PROGRAM
RECEIPT
SLF II NC-Waterstone, LLC
5949 Sherry Lane, Suite 1750
Dallas, TX 75225
Project: Waterstone Drive County: Orange
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DWQ #; OS-1967
COE #: N/A
The North Carolina Ecosystem Enhancement Program (NC EEP) has received a check in the amount of $97,582.08, check
number 1074, as payment for the compensatory mitigation requirements of the 401 Water Quality Certification and/or US
Army Corps of Engineers 404 and/or Division of Coastal Management CAMA permit(s) issued for the above referenced
project. This receipt serves as notification that the compensatory mitigation requirements accepted by NC EEP for this
project have been satisfied. Please note that you must also comply with all other conditions of the certification/permit(s)
including any additional mitigation conditions not accepted by NC EEP and any other state, federal or local government
permits or authorization associated with this activity.
The NC EEP, by acceptance of this payment, acknowledges that the NC EEP is responsible and agrees to provide the
compensatory mitigation requirements as indicated in the table below. The mitigation will be performed in accordance with
the Memorandum of Understanding between the NC Department of Environment and Natural Resources and the US Army
Corps of Engineers dated November 4, 1998.
Wetlands (credits) Stream (credits)
River Basin Cataloging
Unit
Riparian
Non-
Coastal
Cold
Cool
Warm Buffer
(sq. ft.)
Riparian Marsh
Neuse 03020201 0 0 0 0 0 0 101,648
Please note that a payment made to the Ecosystem Enhancement Program is not reimbursable unless a request for
reimbursement is received within 12 months of the date of the receipt. Any such request must also be accompanied by letters
from the permitting agencies stating that the permit and/or authorization have been rescinded.
If you have any questions or need additional information, please contact David Robinson at [phone].
Sincerely,
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William D. Gilmore, PE i
Director
cc: Cyndi Karoly, Wetlands/401 Unit
Monte Matthews, USACE -Raleigh
Eric Kulz, DWQ Regional Office -Raleigh
File
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North Carolina Ecosystem Enhancement Program, 1652 Mail Service Center, Raleigh, NC 27699-1652 / 919-715-0476 / www.nceep.net

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PROGRAM
NC Residential, LLC
5949 Sherry Lane, Suite 1750
Dallas, TX 75225
Project:
ILF No:
County:
DWQ #:
USACE Action ID:
Amount Paid:
Check Number:
Waterstone
[LF-2006-4549
Orange
OS-1967, v2
200640351-268
$ 81,677.50 on 8/28/06
1018
RECEIPT
August 28, 2006
(Total paid $197,247.34)
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SEP 0 1 2006
DENR • WATER ~ALI7ti
WE1'Y.AND3 AND STORMy-rATER 8kklacn
The North Carolina Ecosystem Enhancement Program (NCEEP) has received checks as indicated above as payment for the
compensatory mitigation requirements of the 401 Water Quality Certification/Section 404 Permit issued for the above
referenced project. This receipt serves as notification that the compensatory mitigation requirements for this project 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.
The NCEEP, by acceptance of this payment, acknowledges that the NCEEP is responsible for the compensatory mitigation
requirements associated with the project permit and agrees to provide the compensatory mitigation as specified in the permit.
The mitigation will be performed in accordance with the Memorandum of Understanding between the NC Department of
Environment and Natural Resources and the US Army Corps of Engineers dated November 4, 1998, as indicated below.
River Basin Wetlands Credits Stream Credits Buffer
CU (Sq. Ft.)
Ri arian Non-Ri arian Coastal Marsh Cold Cool Warm
Neuse

03020201 p 288 0 0 0 0 584 49,829
Please note that a payment made to the Ecosystem Enhancement Program is not reimbursable unless a request for
reimbursement is received within 12 months of the date of the receipt. Any such request must also be accompanied by letters
from the permitting agencies stating that the permit and/or authorization have been rescinded. If you have any questions or
need additional information, please contact Carol Shaw at [phone].
Sincerely,
~~
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William D. Gilmore, PE
Director
cc: Cyndi Karoly, Wetlands/401 Unit
Monte Matthews, USACE-Raleigh
Eric Kulz, DWQ-Raleigh
File
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North Carolina Ecosystem Enhancement Program, 1652 Mail Service Center, Raleigh, NC 27t#99-1652 / 919-715-0476 /www.nceep.net

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PROGRAM
SUPPLEMENTARY INVOICE
August 23, 2006
Mr. Jim Ciao
Stratford
3737 Glenwood Avenue, Suite 100
Raleigh, NC 27612
Project: Waterstone Residential Subdivision
ILF No: ILF-2006-4549
County: Orange
DWQ#: OS-1967, v.2
USACE Action ID: 200640351-268
You have elected to satisfy the compensatory mitigation requirements of the Section 401/404 permit issued for the above reference
project through payment of a fee to the North Carolina Ecosystem Enhancement Program (NCEEP). In accordance with l5A NCAC
2H.0500, the amount you owe is based upon the FY 2006-07 Fee Schedule and has been calculated as follows (Please note: payment
of wetlands is calculated in increments of 0.25 acres). [f you have any questions concerning this payment, please call David Robinson
at 919-715-2228.
Riparian Wetlands 0.5 acres x $ 27,847.00 = $ 13,923.50
Non-Riparian Wetlands 0 acres x $ 13,924.00 = $
Saltwater Wetland 0 acres x $139,235.00 = $
Stream 584 linear feet x $ 232.00 = $ 135,488.00
Buffer 49,829 square feet x $ .96 = $ 47,835.84
TOTAL AMOUNT DUE $ 197,247.34
<LESS AMOUNT PAID 8/21 /2006 (292 ft stream, 49,829 sq ft buffer)> <$ 115,579.84>
BALANCE DUE $ 81,667.50
Please mail a check payable to NCEEP for the Balance Due to the address below, and enclose a copy of this invoice.
NCDENR Ecosystem Enhancement Program
1652 Mail Service Center
Raleigh, NC 27699-1652
Please note that a payment made to NCEEP is not reimbursable unless a request for reimbursement is received within 12 months of
the date of the receipt. Any such request must be accompanied by letters from the permitting agencies stating that the permit and/or
authorization have been rescinded. If the ~avment check's account name is not the same as thepermit holder's name, please include a
siened statement that the check is being written on behalf of, and with full knowledge of, the permit holder.
YOU MUST BE IN POSSESSION OF THE PAYMENT RECEIPT FROM NCEEP PRIOR TO COMMENCING THE
ACTIVITIES AUTHORIZED BY THE DEPARTMENT OF ARMY 404 PERMiT AND/OR THE 401 WATER QUALITY
CERTIFICATION.
cc: Cyndi Karoly, Wetlands/401 Unit
Todd Tugwell, USACE-Raleigh
Eric Kulz, DWQ-Raleigh p ~~ ~ ~N]~ D
Nikki Thomson, S&EC-Raleigh (fax) Q V
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• UENR -WATER QUALITY
North Carolina Ecosystem Enhancement Program, 1652 Mail Service Center, Raleig~PlE~-I~~RD476 / www.nceep.net

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PROGRAM
INVOICE
August 4, 2006
Mr. Jim Ciao
Stratford
3737 Glenwood Avenue, Suite 100
Raleigh, NC 27612
Project: Waterstone Residential Subdivision
ILF No: ILF-2006-4549
County: Orange
DWQ#: OS-1967, v.2
USACE Action ID: N/A

You have elected to satisfy the compensatory mitigation requirements of the Section 401/404 permit issued for the above reference
project through payment of a fee to the North Carolina Ecosystem Enhancement Program (NCEEP). In accordance with 15A NCAC
2H.0500, the amount you owe is based upon the FY 2006-07 Fee Schedule and has been calculated as follows (Please note: payment
of wetlands is calculated in increments of 0.25 acres). If you have any questions concerning this payment, please call David Robinson
at 919-715-2228.
Riparian Wetlands 0 acres x $ 27,847.00 = $
Non-Riparian Wetlands 0 acres x $ 13,924.00 = $
Saltwater Wetland 0 acres x $139,235.00 = $
Stream 292 linear feet x $ 232.00 = $ 67,744.00
Buffer 49,829 square feet x $ .96 = $ 47,835.84
TOTAL AMOUNT DUE $ 115,579.84
Please mail a check payable to NCEEP for the Total Amount Due to the address below, and enclose a copy of this invoice.
NCDENR Ecosystem Enhancement Program
1652 Mail Service Center
Raleigh, NC 27699-1652
Please note that a payment made to NCEEP is not reimbursable unless a request for reimbursement is received within 12 months of
the date of the receipt. Any such request must be accompanied by letters from the permitting agencies stating that the permit and/or
authorization have been rescinded. If the payment check's account name is not the same as the permit holder's name please include a
signed statement that the check is being written on behalf of and with full knowledge of the permit holder
YOU MUST BE IN POSSESSION OF THE PAYMENT RECEIPT FROM NCEEP PRIOR TO COMMENCING THE
ACTIVITIES AUTHORIZED BY THE DEPARTMENT OF ARMY 404 PERMIT AND/OR THE 401 WATER QUALITY
CERTIFICATION.
cc: Cyndi Karoly, Wetlands/401 Unit
Todd Tugwell, USACE-Raleigh
Eric Kulz, DWQ-Raleigh
Nikki Thomson, S&EC-Raleigh (fax)
File
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AUG 0 8 2006
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North Carolina Ecosystem Enhancement Program, 1652 Mail Service Center, Raleigh, NC 27699-1652 / 919-715-0476 / vvww.nceep.net

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PROGRAM
RECEIPT
August 21, 2006
NC Residential, LLC
5949 Sherry Lane, Suite 1750
Dallas, TX 75225
Project:
ILF No:
County:
DWQ #:
USACE Action ID:
Amount Paid:
Check Number:
Waterstone Residential Subdivision
ILF-2006-4549
Orange
2005-1967
N/A
$ 115,579.84
1015
AU G 2 4 2006
DENR • WATER QUALITY
WETLAND8 AND STbRMWATER BRANCH
The North Carolina Ecosystem Enhancement Program (NCEEP) has received checks as indicated above as payment for the
compensatory mitigation requirements of the 401 Water Quality Certification/Section 404 Permit issued for the above
referenced project. This receipt serves as notification that the compensatory mitigation requirements for this project 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.
The NCEEP, by acceptance of this payment, acknowledges that the NCEEP is responsible for the compensatory mitigation
requirements associated with the project permit and agrees to provide the compensatory mitigation as specified in the permit.
The mitigation will be performed in accordance with the Memorandum of Understanding between the NC Department of
Environment and Natural Resources and the US Army Corps of Engineers dated November 4, 1998, as indicated below.
River Basin Wetlands Credits Stream Credits Buffer
CU (Sq. Ft.)
Ri arian Non-Ri arian Coastal Marsh Cold Cool Warm
Neuse

03020201 0 0 0 0 0 292 49,829
Please note that a payment made to the Ecosystem Enhancement Program is not reimbursable unless a request for
reimbursement is received within 12 months of the date of the receipt. Any such request must also be accompanied by letters
from the permitting agencies stating that the permit and/or authorization have been rescinded. If you have any questions or
need additional information, please contact Carol Shaw at [phone].
Sincerely,
cc: Cyndi Karoly, Wetlands/401 Unit
Todd Tugwell, USACE-Raleigh
Eric Kulz, DWQ-Raleigh
Nikki Thomson, S&EC-Raleigh (fax)
File
William D. Gilmore, PE
Director
RP.sto~u~c~... ~ ... P~ot~ Our Stag

North Carolina Ecosystem Enhancement Program, 1652 Mail Service Center, Raleigh, NC 27699-1652 / 919-715-0476 /www.nceep.net