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HomeMy WebLinkAbout20160393 Ver 1_BPDP Modification Approval_20161128WaterResources ENVIRONMENTAL QUALITY November 28, 2016 Daniel Ingram EBX-EM, LLC 302 Jefferson Street, Suite 110 Raleigh, NC 27605 Re: Maple View BPDP Modification Approval CORRECTED Dear Mr. Ingram: PAT MCCRORY Governor DONALD R. VAN DER VAART Secretary S. JAY ZIMMERMAN DWR Project #: 2016-0393 Orange County Director The Division of Water Resources (DWR) approved a Bank Parcel Development Package (BPDP) for the above -referenced site on July 11, 2016 from EBX-EM, LLC (EBX). On October 18, 2016, DWR requested that EBX amend the BPDP and submit a modification to DWR that accurately describes the site's existing conditions. On October 18, 2016, EBX submitted a draft BPDP Modification for the Maple View Nutrient Offset Site for review and approval under the terms and conditions of the EBX-EM, LLC Cape Fear Riparian Buffer and Nutrient Mitigation Banking Instrument (UBI). The UBI was made and entered into by EBX-EM, LLC (EBX), acting as the Bank Sponsor, and the DWR on October 9, 2009 and modified on February 17, 2014. Based on DWR review, EBX submitted revisions of the BPDP modification to DWR on November 4, 2016 and November 14, 2016. This BPDP will be placed on public notice without a public comment period. The BPDP submitted on November 4, 2016, with revisions received on November 14, 2016 is now approved. According to the credit release schedule outlined in your BPDP Modification, the following items are required prior to receiving your fust credit release of forty percent: (original approval letter dated November 21, 2016 stated "twenty percent" instead of `fortypercent" and therefore, this letter replaces the letter from November 21, 2016) • Conservation easement approved by DWR • Financial Assurance documents for monitoring • Planting and Installation of Monitoring Devices completed • Mitigation Site Earthwork completed Please feel free to call Katie Merritt at (919) 807-6371 if you have any questions regarding this correspondence. - - �AML-H tKen Hig ' s, Supervisor KAH/kym 401 & Buffer Permitting Branch cc: File Copy - Katie Merritt state of North Carolina I Environmental Quality l Water Resources 1617 Mail service Center I Raleigh, North Carolina 27699-1617 919 807 6300