20240805_SpringsofNorthAshevillePhase2_MRT

North Carolina Department of Environmental Quality | Division of Water Resources
Asheville Regional Office | 2090 U.S. Highway 70 | Swannanoa, North Carolina 28778
828.296.4500

COMPENSATORY MITIGATION RESPONSIBILITY TRANSFER FORM
August 5, 2024

Permittee: NSR Woodfin, LLC, & David Dupree and Stars &
Stripes 2C, LLC, & Amanda Avery
DWR Project #20211609v2
Project Name: Springs of North Asheville Phase 2 County: Buncombe
The Division has received a Statement of Availability (SOA) from Environmental Bank & Exchange, LLC,
for the RES French Broad 05 Umbrella Mitigation Bank, specifically 0.106 credits from the Puncheon Fork
Site and 0.058 credits from the Shiitake Ridge Site (Mitigation Provider), to satisfy the mitigation
requirements set forth in 401 Individual Certification No. WQC006848 issued to NSR Woodfin, LLC, &
David Dupree and Stars & Stripes 2C, LLC, & Amanda Avery, dated May 15, 2024, as provided in the
table below.
Compensatory Mitigation River and 8-digit HUC Number
Riparian Wetland 0.164 acres (credits) French Broad River / 06010105

The Permittee must provide a copy of this form to the Mitigation Provider specified above who will then
sign the form to verify receipt of payment and the transfer of the mitigation responsibility. Once the
Mitigation Provider has signed this form, it is the Permittee’s responsibility to ensure that a signed copy
of this form is submitted to the Division before conducting any of the authorized impacts.

The Mitigation Provider verifies that the mitigation requirements (credits) shown above, have been
released and are available at the identified bank site(s). By signing below, the Mitigation Provider is
accepting full responsibility for the identified mitigation. As a reminder to the Mitigation Provider, no
more than 25 percent of the total mitigation required by Division can be met through preservation,
unless requested and approved by the Division Director (15A NCAC 02H. 0506(c)(7)).

Signature Authority Name (print): ________________________________________________________

Signature: ____________________________________________ Date: ________________________