20080511 Ver 3_Credit release Task 4_20160125

Water Resources
ENVIRONMENTAL QUALITY
January 25, 2016
Mr. Bobby Ham
Greene Environmental Services, LLC
90 Ham Produce Road
Snow Hill, NC 28580
PAT MCCRORY
Governor
DONALD R. VAN DER VAART
Secretary
S. JAY ZIMMERMAN
Director
DWQ Project #: 2008-0511v3
Lenoir County
Re: Neuse River Riparian Buffer and Nutrient Offset Umbrella Mitigation
Banking Instrument (LIMBI)
La Grange Phase II Bank Credit Release — Task 4
Dear Mr. Ham:
On December 29, 2015, the Division of Water Resources (DWR) received a First Annual
Monitoring Report for the LaGrange Phase II Bank Parcel for Greene Environmental Services,
LLC (GES).
On October 13, 2015, DWR received a Letter of Credit (LOC) #SB94188 issued to GES to cover
monitoring and maintenance at the subject site and a LOC Amendment respectively. The term of
this LOC applies from March 6, 2015 to December 22, 2016. Therefore, GES is required to
renew the LOC prior to December 22, 2016 and is required to renew the LOC annually for at
least 4 more years. Future credit releases will be dependent on both the renewal of this LOC and
the annual monitoring reports.
According to the UMBI signed on October 3, 2008, the following Project Milestones have been
met, and the corresponding credits shall be released
Task/Milestones
4) Submit Monitoring Report #1
(& Submittal offinancial assurance)
Credit
10%
By copy of this correspondence, DWR confirms that you have satisfied the above requirements
for the above -referenced tract and 10% of your Neuse riparian buffer credits (0.1 x 22,620.63 ft2
= 2,262.06 ft2) are now available for sale. Also, 10% of your nitrogen nutrient offset credits (0.1
x 6,750.871b -N = 675.09 lb -N) are now available for sale.
Please note that nutrient offset credits generated at this site must be used for impacts in
HUC 03020202 of the Neuse River Basin and that Neuse riparian buffer credits must be
used for impacts in the Neuse River Basin according to guidelines in 15A NCAC 02B .0295,
which became effective on November 1, 2015.
State of North Carolina I Environmental Quality I Water Resources
1617 Mail service Center I Raleigh, North Carolina 27699-1617
919 807 6300

LaGrange Phase II (GES)
January 25, 2016
Page 2 of 2
Please feel free to call Katie Merritt at [phone] if you have any questions regarding this
correspondence.
Sincerely,
Karen Higgins, Supervisor
401 & Buffer Permitting Branch
cc: File Copy (Katie Merritt)
Jeff Becker - Greene Environmental Services, LLC (via electronic mail)