Credit Release Task 2,4 - EMH Farm.docx

DocuSign Envelope ID: 77A1B24F-DFDO-4A59-904A-9EEB7lB8ADBO
ROY COOPER
Governor
ELIZABETH S. BISER
Secretary
RICHARD E. ROGERS, JR.
Director
NORTH CAROLINA
Environmental Quality
June 11, 2024
Kevin Yates DWR Project #: 2022-1493vl
Clearwater Mitigation Solutions, LLC Guilford County
(via electronic mail: thamrick&ecomitigation.com )
Re: EMH Farm Mitigation Banking Instrument (MBI)
EMH Farm Bank Parcel Credit Release — Task 2 (final), Task 4
Dear Mr. Yates,
On June 7, 2023, the Division of Water Resources (DWR) issued a partial credit release (18.5%) to
Clearwater Mitigation Solutions, LLC (CMS), for Task 2 of the credit release schedule noted in the
MBI. The remaining 1.5% would be issued upon receipt of documentation confirming the full
implementation of the approved Adaptive Management Plan (AMP) with the submittal of the Year 1
monitoring report.
On December 31, 2023, DWR received a Year 1 Monitoring Report from Clearwater Mitigation
Solutions, LLC (CMS) for the EMH Farm site. Data submitted with the report confirmed that the
Adaptive Management Plan, which was required by DWR, had not yet been implemented. On June 3,
2024, DWR received documentation from CMS that the AMP had been fully implemented.
DWR received a performance bond (#3803048) issued to Clearwater Mitigation Solutions, LLC from
Great American Insurance Company, in the amount of $100,000, to cover monitoring and
maintenance at the subject site. The term of this bond ends with DWR approval of the Year 2
Monitoring Report. Future credit releases will be dependent on both the renewal of this performance
bond and the annual monitoring reports.
In accordance with the MBI, signed on April 21, 2023, the following Project Milestones have been
fully met and the corresponding credits shall be released:
Task/Milestones
Credit
2) All Riparian Earthwork & Mitigation Activities, Planting and Installation of 1.5%
Monitoring Devices completed, easement boundaries adequately marked, all
Applicable permits obtained, site visit performed by DWR (18.5% was
released on 61712023. The remaining 1.5% will be issued upon full
implementation of the proposed AMP).
4) Monitoring Report #1: Approved by the DWR & financial assurance renewed 10%
TOTAL 11.5 %
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
NORTH CAROLINA
�/ 919.707.9000

DocuSign Envelope ID: 77A1B24F-DFDO-4A59-904A-9EEB71B8ADBO EMH Farm Site
Clearwater Mitigation Solutions
June 11, 2024
By copy of this correspondence, DWR confirms that you have fully satisfied the above requirements
for the above -referenced tract and the following credits are released and now available to sell:
• 11.5% of the Randleman buffer Restoration, Enhancement and Preservation Credits
(0.115 x 676,473.201 ft2 = 77,794.418 ft2)
Please note that the riparian buffer credits must be used for impacts in the Randleman Lake
Watershed according to guidelines in the Consolidated Buffer Mitigation Rule, 15A NCAC
02B .0295, which became effective on November 1, 2015.
Upon receiving this letter, update all credit ledgers accordingly. Feel free to contact Katie Merritt at
katie.merritt&deq.nc.gov if you have any questions regarding this correspondence.
cc:File Copy (Blake Hartshorn)
Sincerely,
DocuSigned by:
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755ABFOCD806428...
Stephanie Goss, Supervisor
401 & Buffer Permitting Branch
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