20081473 Ver 2_Credit Release_20090521

Beverly Eaves Perdue
Governor
L74 0,
NCNorth Carolina Department of Environment and Natural Resources
Division of Water Quality
Coleen H. Sullins
Director
May 21, 2009
Mr. Thomas Rinker
EBX Neuse I, LLC c/o
Environmental Banc & Exchange
10055 Red Run Boulevard, Suite 130
Owings Mills, MD 21117-5822
Re: EBX Neuse Riparian Buffer Umbrella Mitigation Bank Sites
Marston and Nahunta Sites
Jones and Wayne Counties
DWQ #08-1473 vl and v3
Dear. Mr. Rinker:
Dee Frees man
Secretary
We have received the credit release request from Kimley-Horn and Associates, Inc., which included the 20O 23
monitoring reports for the above-referenced sites.
According to the Umbrella Mitigation Banking Instrument (UMBI), the following Project Milestones have been
met, and the corresponding credits shall be released:
Nahunta - Wayne County (DWO #08-1473 v2)
7) Submittal of Year 4 monitoring report
TOTAL CREDIT
10%
10%
By copy of this correspondence, DWQ confirms that you have satisfied the above requirements for the abovcc-
referenced tract and 90% of your riparian buffer credits (0.9 x 678,000 = 610,200 credits) are now available for
sale. Also, 90% of your nutrient offset credits (0.9 x 76,000 = 68,400 lb-N) are now available for sale.
Please note that credits generated at this site must be used for impacts in HUC 03020203.
1650 Mail Service Center, Raleigh, North Carolina 27699-1650
Location: 2321 Crabtree Blvd., Suite 250, Raleigh, North Carolina 27604-2260 One
Phone: [phone] FAX: [phone] Customer Service: 1-877-623-6748 NorthCarolina
Internet: http:/lh2o.enr.state.nc.us/ncwetlands
An Equal Opportunity 1 Affirmative Action Employer L
Mr. Rinker
EBX Neuse Riparian Buffer Umbrella Mitigation Bank Sites
Page 2 of 3
Marston - Jones County (DWO #08-1473 v1)
1) Execution of the MBI, approval of the restoration and monitoring
Plans (site already constructed), delivery of financial assurances
(waived - project already constructed), and recordation of conservation
easement 20%
2) Mitigation Site Earthwork, Planting, and Installation of
Monitoring Plots 20%
3) Approval of As-Built Report 10%
4-8) Submittal of monitoring reports (site has been in monitoring for five
Years - 5 x 10%) 50%
TOTAL CREDIT 100%
By copy of this correspondence, DWQ confirms that you have satisfied the above requirements for the above-
referenced tract and 100% of your riparian buffer credits (325,000 credits) and 100% of your nutrient offset
credits (74,000 lb-N) are now available for sale.
Please note that credits generated at this site must be used for impacts in HUC 03020204.
Please copy DWQ on all correspondence related to credit sales, referencing the DWQ project number (where
applicable) associated with the impacts for which credits are being purchased. All correspondence with DWQ
should reference the project number associated with these sites, 08-1473 v2 (Nahunta) and 08-1473 vl
(Marston).
In addition, please review the Umbrella Mitigation Banking Instrument to ensure compliance with the annual
reporting requirements.
1650 Mail Service Center, Raleigh, North Carolina 27699-1650
Location: 2321 Crabtree Blvd., Suite 250, Raleigh, North Carolina 27604-2260 One
Phone: [phone] FAX: [phone] Customer Service: 1-877-623-6748 NorthCarolina
Internet: http:llh2o.enr,state.nc.us/ncwetlands Natzmally
An Equal Opportunity 1 Affirmative Action Employer
Mr. Rinker
EBX Neuse Riparian Buffer Umbrella Mitigation Bank Sites
Page 3 of 3
Please feel free to contact Eric Kulz at [phone] if you have any questions regarding this correspondence.
Sincerely,
yndi B. Karoly, Program Manager
401 Oversight and Express Review Program
cc File Copy (Eric Kulz)
John Huisman - DWQ Nonpoint Source Planning Unit\
Todd St. John - Kimley-Horn and Associates, PO Box 33068, Raleigh, NC 27636-3068
1650 Mail Service Center, Raleigh, North Carolina 27699-1650
Location: 2321 Crabtree Blvd., Suite 250, Raleigh, North Carolina 27604-2260 One
Phone: [phone] FAX: [phone] Customer Service: 1-877.623-6748 NorthCarohna
Internet: http:/Ih2o.enr.state.nc.uslncwetlands ?atura???
An Equal Opportunity 1 Affirmative Action Employer