20141149 Ver 9_Credit Release Task 1,6_20180717

ROY COOPER NORTH CAROLINA
Governor Environmental Quality
MICHAEL S. REGAN
Secretary
LINDA CULPEPPER
Interim Director
July 17, 2018
George Howard
Restoration Systems, LLC
1101 Haynes Street, Suite 211
Raleigh, NC 27604
DWR Project #: 2014-1149v9
Caswell County
Re: RS Haw River Subwatershed — Phase 1 Neuse Buffer & Nutrient Offset Umbrella
Mitigation Banking Instrument (UMBI)
Benton Branch Bank Parcel Credit Release — Tasks 1 (partial), & 6
Dear Mr. Howard:
On January 22, 2018 the Division of Water Resources (DWR) approved a Bank Parcel Development
Package (BPDP) for the above -referenced site under the terms and conditions of the Restoration
Systems, LLC (RS) Haw -River Subwatershed Phase One Umbrella Mitigation Banking Instrument
for Riparian Buffer Mitigation and Nutrient Offsets (UMBI). On April 28, 2017, the DWR received a
recorded conservation easement and corresponding plat for the subject site. Additionally, RS
provided confirmation that the conservation easement for the subject bank has been successfully
assigned to The North Carolina Wildlife Habitat Foundation, Inc (NCWHF). NCWHF is a 501(c)(3)
non-profit corporation and has been approved by DWR as a long-term steward for this mitigation
bank.
On June 4, 2018, the Division of Water Resources (DWR) received documentation from RS that the
subject site had been constructed in its entirety and monitoring plots had been installed. On July 17,
2018, Ms. Merritt, with assistance from Worth Creech with RS, inspected the site and confirmed
that all of the subject site had been completely planted and fenced, all monitoring plots were
installed, and all stream restoration and enhancement activities appeared to be completed with all
riparian areas, including the stream banks, seeded and stabilized.
DWR has not received a performance bond to cover monitoring and maintenance costs;
therefore, only a partial credit release for partial completion of task 1 will be issued. The
remainder 5% for completion of task 1 will be issued when DWR has received a performance
bond to cover monitoring and maintenance costs.
North Carolina Department 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

Benton Branch Bank Parcel
Restoration Systems, LLC
July 17, 2018
On June 4, 2018, DWR received a draft As -Built Report from RS for the subject site. The total
mitigation credits associated with each mitigation type changed slightly from what was approved
in the BPDP due to stream channel alignments. Therefore, for efficiency purposes, DWR is
issuing this credit release based on the mitigation credit totals provided in the As -Built Report.
In accordance with the LIMBI and BPDP, signed on October 25, 2017 and approved on January 22,
2018 respectively, the following Project Milestones have been partially met and the corresponding
credits shall be released:
Task/Milestones
Credit
1) Instrument and BPDP Approved by DWR, Conservation Easement recorded, 35%
Mitigation Site Earthwork, Planting and Installation of Monitoring
Devices Completed, Monitoring Financial Assurance Posted (not received)
6) Item B (1) of Section X in the Instrument (assign the easement 5%
to stewardship) has been completed and approved by DWR
TOTAL: 40%
By copy of this correspondence, DWR confirms that you have partially satisfied the above
requirements for the above -referenced tract. Therefore, 40% of your Jordan Lake riparian buffer
Restoration credits (0.40 x 455,056.93 fe =182,022.77 ft) and 40% of your Jordan Lake riparian
buffer Enhancement and Preservation credits (0.40 x 224,557.63 fe = 89,823.05 fe) are now
released.
Additionally, 40% of your generated nitrogen offset credits (0.40 x 179.95 = 71.98 lb -N) and 40%
of your generated phosphorus credits (0.40 x 11.5 = 4.6 lb -P) are now released. Generated credits
are credits that have not been applied to the appropriate delivery factor.
The delivery factors applied to this bank due to its location in the 14 -digit HUC .03030002050050 are
25% for nitrogen and 8% for phosphorous. Therefore, the total amounts of delivered nutrient offset
credits for this site are 44.99 lb -N and 0.92 lb -P. By copy of this correspondence, 40% of your
delivered nitrogen offset credits (0.40 x 44.99 lb-N=181b-N) and 40% of your delivered
phosphorus credits (0.40 x 0.92 = 0.371b -P) are now available for sale.
Please note that only the delivered nutrient offset credits can be sold from this bank and used
for impacts in the Haw River Arm of Jordan Lake within the Cape Fear River Basin.
Additionally, riparian buffer credits can only be used to offset impacts located in the Haw
River Sub Watershed of Jordan Lake according to 15A NCAC 02B .0295, which became
effective on November 1, 2015.
Pape 213

Benton Branch Bank Parcel
Restoration Systems, LLC
July 17, 2018
Please use the Credit Ledger Templates provided on our website at:
http://portal.nedenr.org/web/Wq/nutrientbuffertemplate to track and report credit availability for the
Rocky Top Mitigation Bank. Upon receiving this correspondence, please submit four credit ledgers
to DVWR reflecting the available credits released for each mitigation type.
Sincerely,
Karen Higgins, Supervisor
401 & Buffer Permitting Branch
cc:File Copy (Katie Merritt)
U „ Z 1'2