20160225 Ver 2_BPDP Approval letter_20180716

ROY COOPER
Governor
MICHAEL S. REGAN
Secretary
LINDA CULPEPPER
Interim Director
John Hutton
Wildlands Holdings III, LLC
312 West Millbrook Rd, Suite 225
Raleigh, NC 27609
Re: South Fork BPDP Approval
Dear Mr. Hutton,
NORTH CAROLINA
Environmental Quality
July 16, 2018
The Division of Water Resources (DWR) received a draft Bank Parcel Development Package
(BPDP) for the South Fork Mitigation Site (Site) in 2017, for review and approval under the terms
and conditions of the Cane Creek Nutrient Offset and Buffer Umbrella Mitigation Banking
Instrument for Riparian Buffer Mitigation and Nutrient Offsets (UMBI). The UMBI was made and
entered into by Wildlands IV, LLC (WIV) acting as the Bank Sponsor, and the DWR. Katie Merritt,
with DWR, reviewed the BPDP document and provided comments and recommendations. DWR
received a revised BPDP that addressed all comments and recommendations provided by Ms.
Merritt. The table below summarizes the timeline of the BPDP:
Project Site
DWR Project
Initial BPDP
Revised BPDP
Public Notice
Name
ID #
Received
Received
Date
Final Draft
South Fork
2016-
November 2, 2017
June 11, 2018
June 28, 2018
BPDP
0225v2
The closing date for the public notice was July 13, 2018. DWR received no comments regarding
the subject BPDP document. This document is approved. A hard copy of the BPDP is required
for our files as soon as possible.
According to the credit release schedule outlined in your LIMBI, the following items are
required prior to receiving your first credit release of twenty percent (20%):
Conservation easement approved by DWR (for all parcels)
Financial Assurance documents if applicable
NORTH C
AROU
Oepattrnent of Frt+UanmeMal OnM\ / —
North Carolina Deparlment of Environmental Quality I Division of Water Resources
512 North Salisbury Street 1 1611 Mail Service Center I Raleigh, North Carolina 27699-1611
919,707.9000

BPDP Approval
Wildlands Holdings V, LLC
Page 2 of 2
Please feel free to call Katie Merritt at [phone] if you have any questions regarding this
correspondence.
Sincerely,
Karen Higgins, Supe isor
401 & Buffer Permitting Unit
KAH/km
cc: File Copy (Katie Merritt)