Loading...
HomeMy WebLinkAbout20080511 Ver 2_Credit Release Task 6_20160125Water 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 Secretory S. JAY ZIMMERMAN Director DWQ Project #: 2008-0511v2 Lenoir County Re: Neuse River Riparian Buffer and Nutrient Offset Umbrella Mitigation Banking Instrument (LIMBI) La Grange Ph I. Bank Credit Release — Task 6 Dear Mr. Ham: On December 29, 2015, the Division of Water Resources (DWR) received a Year 3 Monitoring Report for the LaGrange Phase I Mitigation Bank from Greene Environmental Services, LLC (GES). According to the data submitted with the report, the site appears to be doing well and on trajectory to meet the success criteria at the end of five years. On October 6, 2015, DWR received an amendment to Letter of Credit (LOC) #SB93770 issued to GES in the amount of $60,000 to cover monitoring and maintenance at the subject site. The term of this LOC applies through October 25, 2016. Therefore, GES is required to renew the LOC prior to October 25, 2016 and is required to renew the LOC annually for at least 2 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 Milestone has been met, and the corresponding credits shall be released Task/Milestones Credit 6) Submit Year 3 Monitoring Report to DWR for approval 10% By copy of this correspondence, DWR confirms that you have satisfied the above requirements for the above -referenced tract and an additional 10% of your Neuse riparian buffer credits (0.1 x 37,939.7 ft2 = 3,793.97 ft) are now available for sale. Also, an additional 10% of your nitrogen nutrient offset credits (0.1 x 5,728.01 lb -N = 572.80 lb -N) are now available for sale. Please update your credit ledgers accordingly. State of North Carolina I Environmental Quality I Water Resources 1617 Mail service Center J Raleigh, North Carolina 27699-1617 919 807 6300 LaGrange Phase I (GES) January 25, 2016 Page 2 of 2 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. Please feel free to call Katie Merritt at (919) 807-6371 if you have any questions regarding this correspondence. Sincerely, Karen Higgins, Supervisor 401 and Buffer Permitting Branch cc: File Copy (Katie Merritt) Jeffrey Becker - Greene Environmental Services, LLC (via electronic mail)