HomeMy WebLinkAbout20150636 Ver 1_RE BPDP Phased_20160524
Strickland, Bev
From:mherrmann <mherrmann@watershedinvestmentsnc.net>
Sent:Tuesday, May 24, 2016 7:18 PM
To:Merritt, Katie
Subject:RE: BPDP Phased
Our proposed bond is being issues by the Philadelphia Indemnity Insurance Company which still appears to be in the
good graces of the state.
I’ll check back with you later next week to see how things are evolving with your review.
Thanks for the update.
Mike
From: Merritt, Katie \[mailto:katie.merritt@ncdenr.gov\]
Sent: Tuesday, May 24, 2016 3:13 PM
To: mherrmann
Subject: RE: BPDP Phased
Hey Mike,
I haven’t forgotten about you. I’m slammed with 3 new MBIs and 3 BPDPs, all deadlines by June 3. And, I’ve been out
on DMS closeouts overnight, so my office time has been minimal. I’m also dealing with a Duke settlement right now
that keeps me on my toes and has a tight deadline too. I promise I’ll get to your revised BPDP next week. I’ll be out in
the field 2-3 days a week till July 17. It certainly is a busy time! Here is a quick answer to SOME of your questions below
in Red.
Thank you for your patience,
Katie
From: mherrmann \[mailto:mherrmann@watershedinvestmentsnc.net\]
Sent: Tuesday, May 24, 2016 8:08 AM
To: Merritt, Katie <katie.merritt@ncdenr.gov>
Subject: RE: BPDP Phased
Hi Katie,
I wanted to check in with you on a few questions I had.
First, when do you anticipate you’ll complete your review of the Neville phased BPDP submission dated 5/10/16? I hope
next week, I have 2 days in the office next week and the other 2 are out in the field all day. As you can imagine, I’d really
like to get this finalized so I can complete the bond and get a credit release for the project.
Second, what process will we use to finalize the phased BPDP? You had mentioned not needing to post this for public
comment. Is that still the case? Yes, it will just go up on public notice, not made available for commenting.
Last, do you have any other guidance related to the specifics of finalizing the bond and getting the first credit release
that you want to share? Only that we are no longer accepting AIA-312 bonds or bonds from Lexon Insurance Company
(they have fallen to B++). The last bond I saw of yours, wasn’t this type from what I remember or by Lexon.
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Thanks,
Mike Herrmann
1630 Weatherford Circle
Raleigh, NC 27604
(p) 919-559-6264
mherrmann@watershedinvestmentsnc.net
www.watershedinvestmentsnc.net
This electronic mail communication may contain privileged, confidential, and/or proprietary information which is the property of Watershed Investments NC, LLC or
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From: Merritt, Katie \[mailto:katie.merritt@ncdenr.gov\]
Sent: Friday, May 13, 2016 1:37 PM
To: mherrmann
Subject: RE: BPDP Phased
Hey Mike,
Thanks. I will let you know how it looks.
Katie
From: mherrmann \[mailto:mherrmann@watershedinvestmentsnc.net\]
Sent: Tuesday, May 10, 2016 10:51 PM
To: Merritt, Katie <katie.merritt@ncdenr.gov>
Subject: RE: BPDP Phased
Hi Katie,
Attached is the phased BPDP. I’ve directly addressed your comments within your email below.
Thank you for your review.
Mike Herrmann
1630 Weatherford Circle
Raleigh, NC 27604
(p) 919-559-6264
mherrmann@watershedinvestmentsnc.net
www.watershedinvestmentsnc.net
This electronic mail communication may contain privileged, confidential, and/or proprietary information which is the property of Watershed Investments NC, LLC or
one of its affiliates. If you are not the intended recipient or an authorized agent of the intended recipient please delete this communication and notify the sender
that you have received it in error.
From: Merritt, Katie \[mailto:katie.merritt@ncdenr.gov\]
Sent: Thursday, April 14, 2016 12:03 PM
To: mherrmann
Subject: BPDP Phased
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Hey Mike,
I have finalized my review of the Neville Farms Revised BPDP, received on April 1, 2016. You submitted a revised BPDP
for the Neville Farm Mitigation Bank showing the project in two separate phases. I have the following edits to the
document you sent on April 1.
Section 1 .0 Introduction – Please add a paragraph before the introduction, that gives the historical process of
the Neville Farm BPDP that has been approved. Primarily noting when the first BPDP draft was submitted to
DWR (August 18, 2015), when it was placed on public notice (September 17 2015), and when you received the
approval letter (January 29, 2016). And then, acknowledging that this BPDP is being submitted as a Revised
BPDP to the one approved on January 29, 2016 only to allow for phasing of the project. Given the changes to
the BPDP this makes sense. I added an introductory paragraph. By my records, however, the BPDP was
posted for comment January 13, 2016.
Section 3.2 –
Your suggested planting density doesn’t match up with the number of planted stems you say you are
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going to plant. You show 436 stems/acre. However, if your site is only 6.3 acres and you plan to buy
2,500 stems, this comes to a planting density of 396 stems/acre, right? About 1.2 acres of the
easement are preservation and 5.1 acres of restoration. The 2500 plants are more than we’ll need to
meet the minimum planned stem density of 436/ac. We’re ordering a little extra in case its
needed. I’ve changed the ‘old’ introductory sentence to the plan to say “As described in this plan, the
Neville Farms Site (Site) presents approximately 5.1 acres and 1.2 acres of riparian restoration and
preservation, respectively, for a total of 6.3 acres of permanent conservation easements in Orange
County, North Carolina.”
You told me you were going to change to planting schedule from what is provided here. Therefore,
o
please make that known in this section. Completed
Section 3.3 – Correct the first and second sentences to read as follows: A narrow fringe of mature trees exists
throughout the Site along portions within the Neville Creek riparian buffer. The riparian buffer, as defined in 15A
NCAC .0267, extends a maximum… Completed
Section 3.4 – states that “Larger Shrubs” may be treated and sprayed. Do you mean shrubs that are
invasive? Otherwise, we do not want native shrubs to be treated and sprayed. Corrected to show that we are
targeting invasive shrubs with any spray treatment.
Section 5.0 – BB&T wanted to recommend some language in this section, please coordinate with them and send
me their recommendation for review and approval. This section has been revised to show the bonding needs
based on the plan changes.
Table 5.2 and 5.4 – Why is there a 100 stem difference between this BPDP and the one we approved? I
overestimated more than needed in the prior BPDP and adjusted this one downward accordingly.
Figure 6-A – Add the text “PHASE I” onto the map itself and in the Title of the figure. Text has been added
Figure 6-B - Add the text “PHASE II” onto the map itself and in the Title of the figure. Text has been added
Please edit the document as requested above and resubmit the BPDP via .pdf to expedite the process. No hard copy is
needed. (See Attachments.)
Thank you,
Katie
Katie Merritt
Nutrient Offset & Buffer Banking Coordinator
401 & Buffer Permitting Unit
North Carolina Department of Environmental Quality
Work: 919-807-6371
http://portal.ncdenr.org/web/wq/401bufferpermitting
Website:
512 N. Salisbury Street, Raleigh, NC 27620
1617 Mail Service Center, Raleigh, NC 27699-1617
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