HomeMy WebLinkAbout20031035 Ver 1_Credit Release_20081118A-1473
IN REPLY REFER TO
Regulatory Division
November 14, 2008
Action ID No. SAW-2006-40886-152 (old action ID 200310709) /
Neu-Con Umbrella Wetland Mitigation Bank, Marston
Mr. Norton Webster
Environmental Banc and Exchange, L.L.C.
Project Manager
909 Capability Drive, Suite 3100
Raleigh, North Carolina 27606
Dear Mr. Webster:
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This correspondence confirms my receipt of your fourth year monitoring report on June 6,
2008, and my response regarding the status of available mitigation credits at the Marston
Mitigation Bank you are developing located on the north side on NC 41, approximately twelve
miles west of Trenton, in Jones County, North Carolina. The purpose of this letter is to confirm
the status of mitigation credits available from this Bank.
Based on our meeting on November 12, 2008 and upon review of the annual monitoring
report for 2007 (Year 4), we have determined that the success criteria have been meet for year 4.
Based on the credit release schedule contained in the mitigation banking instrument (MBI) sixty
percent (60%) of wetland restoration/enhancement credits could be available after the forth year;
if interim success measures are met.
By copy of this correspondence, we confirm that you have satisfied the above requirements
for year 4 release and a total of 24.8 credits of the wetland restoration/enhancement credits and
3,828 credits of the stream restoration credits constituting 60% of the Bank's total
restoration/enhancement and stream credits are now available for sale.
Thank you for your time and cooperation. If you have any questions, please contact me at the
Washington Regulatory Field Office, telephone (252) 975-1616, extension 31.
Sincerely,
W g,- 6 , -F, (),S,
DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
Washington Regulatory Field Office
P.O. Box 1000
Washington, North Carolina 27889-1000
William Wescott, PWS
Regulatory Project Manager
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Copies Furnished:
Mr. Gary Jordan
U.S. Fish and Wildlife Service
Fish and Wildlife Enhancement
Post Office Box 33726
Raleigh, North Carolina 27636-3726
Mr. Ron Sechler
National Marine Fisheries Service
Pivers Island
Beaufort, North Carolina 28516
Ms. Cyndi Karoly
Division of Water Quality
North Carolina Department of Environment
and Natural Resources
1650 Mail Service Center
Raleigh, North Carolina 27699
Mr. Travis Wilson
Eastern Region Highway Project Coordinator
Habitat Conversation Program
1142 I-85 Service Road
Creedmoor, North Carolina 27522
Ms. Kathy Matthews
3112 Avondale Court
Raleigh, North Carolina 27613
Mr. George Kelly
Environmental Banc & Exchange, L.L.C.
10055 Red Run Boulevard, Suite 130
Owings Mills, Maryland 21117-4860