HomeMy WebLinkAbout20130436 Ver 3_Task 4 Credit Release Final_20180625Wa ter Resources
ENVIRONMENTAL QUALITY
June 25, 2018
Mr. Bobby Ham
Greene Environmental Services, LLC
90 Ham Produce Road
Snow Hill, NC 28580
ROY COOPER
Governor
MICHAEL S. REGAN
Secretm-v
LINDA CULPEPPER
Interim Director
DWR Project #: 2013-04360
Pitt County
Re: Tar -Pamlico Umbrella Mitigation Banking Instrument (LIMBI)
Pactolus Nutrient Offset Bank Credit Release— Task 4 final
Dear Mr. Ham:
On January 25, 2018, the Division of Water Resources (DWR) issued a 5% credit release for partial
completion of Task 4 for the Pactolus Mitigation Bank. The release was issued for approval of the
Year 1 Monitoring Report. It was noted in the credit release letter that the remaining 5% of the credit
release would be issued upon receipt of bond renewal.
On June 15, 2018, DWR received a continuation certificate from Greene Environmental Services,
LLC (GES) in the amount of $100,000 from The Hartford Insurance Group, extending the expiration
date of the current performance bond ((#22BSBHC3722). The term of this bond now applies
through June 27, 2019. Therefore, GES is required to renew the performance bond prior to June 27,
2019 and is required to renew the bond annually for at least 4 more years. Future credit releases will
be dependent on both the renewal of this performance bond and the approval of the annual
monitoring reports.
According to the UMBI, signed on May 1, 2013, the following Project Milestones have been
partially met, and the corresponding credits shall be released:
Task/Milestones
4) Monitoring Report #1: Approved by the DWR (final)
Credit
5%
By copy of this correspondence, DWR confirms that you have partially satisfied the above
requirements for the above -referenced tract and 5% of your Nitrogen nutrient offset credits
(0.05 x 34,822.671bs-N = 1,741.13 lb -N) are now available for sale. Additionally, 5% of your
Phosphorus nutrient offset credits (0.05 x 2,242.85 lb -P = 112.14 lbs -P) are now available for
sale. Please update your credit ledgers accordingly.
State of North Carolina I Environmental Quality I Water Resources
1617 Mail Service Center I Raleigh, North Carolina 27699-1617
919 807 6300
w
Pactolus Bank Parcel
Greene Environmental Services, LLC
June 25, 2018
Please note that nutrient offset credits generated at this site must be used for development
impacts in HUC 03020103 of the Tar -Pamlico River Basin per 15A NCAC 02B.0240.
Please feel free to call Katie Merritt at (919) 807-6371 if you have any questions regarding this
correspondence.
Sincerely,
=I k WWI IN
Karen Higgins, Supervisor
401 & Buffer Permitting Branch
ilii/L^w'a
cc:File Copy (Katie Merritt)
Jeff Becker — GES (via electronic mail jrbecker bellsouth.net )
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