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HomeMy WebLinkAbout20110720 Ver 1_Final Credit Conversion Approval-CLOSED_20181015Strickland, Bev From: Merritt, Katie Sent: Monday, October 15, 2018 3:35 PM To: 'Caitlan Parker' Cc: 'Brad Breslow' Subject: RE: [External] Credit Transfer Attachments: Forrest Creek UT -2 Ledger.pdf Hey Caitlan, Your request on behalf of Environmental Banc & Exchange, LLC (EBX) to transfer 833.83 lbs of Nitrogen nutrient offset credits from the Forrest Creek UT -2 Nitrogen Nutrient Offset Bank to the Cedar Grove Nitrogen Nutrient Offset Bank is approved. The balance of the Forrest Creek UT -2 Nitrogen Nutrient Offset Bank will now be zero "o", and will be removed from our available Nutrient Offset Bank lists. Please update your credit ledgers to include the information below for this transaction and send all revised ledgers back to me for filing. Please note that these credits cannot be converted into riparian buffer credits. Additionally, a Bank Closure letter will be prepared for EBX for the Forrest Creek UT -2 Mitigation Bank. A debit to Forrest Creek UT -2 Purchaser Column on Forrest Creek UT -2 Nitrogen Ledger = Credits Transferred to Cedar Grove Nitrogen credit ledger per DWR approval 10/15/2018 A credit to Cedar Grove Purchaser Column on Cedar Grove Nitrogen Ledger - Credits Transferred from Forrest Creek UT -2 Nitrogen Ledger per DWR approval 10/15/2018 If you have any questions, please let me know. Thanks, Katie "please note my phone number has changed" Katie Merritt Nutrient Offset & Buffer Banking Coordinator 401 & Buffer Permitting Unit North Carolina Department of Environmental Quality Office: 919-707-3637 Work Cell: 919-500-0683 Website: http://Portal.ncdenr.org/web/wq/401bufferpermitting 512 N. Salisbury Street, Raleigh, NC 27620 1617 Mail Service Center, Raleigh, NC 27699-1617 Email correspondence to and from this address is subject to the North Carolina Public Records Law and may be disclosed to third parties. From: Caitlan Parker <cparker@res.us> Sent: Thursday, October 11, 2018 2:58 PM To: Merritt, Katie <katie.merritt@ncdenr.gov> Subject: [External] Credit Transfer CAUTION:I email. Do not click links or open attachments unless verified. Send all suspicious email as an attachment to Good afternoon Katie, I meant to ask this yesterday when I sent the ledgers in, but with everything going on I forgot about it. The Forrest Creek UT -2 ledger has 833.83 lbs of nitrogen remaining; I was wondering if we could have that transferred to the Cedar Grove ledger? I am not sure how that works as I haven't seen it done before. UT -2 has been closed out for a couple years, Cedar Grove has about 2 years left. Not a big deal if it can't, was just wondering if it was possible. Thanks! Caitlan Britt Parker Credit Sales Coordinator RES I res.us Direct: 919.209.1075 1 Mobile: 910.734.7612 EBX-EM, LLC Upper Neuse Riparian & Buffer Bank Forrest Creek UT -2 Site, HUC 03020201 - Upper Falls WS Nitrogen Credit Ledger Date Last Updated: 10/9/2018 DWR Bank Parcel Project #2011-0720 As -Built Credit Total: 2,977.63 lbs Total Credits Released to Date: 2,977.63 lbs Credits Released/Available to Credits Debited/Sold from Bank I Ba I Nutrient Credit Balance Transaction Number Purchaser Name or UMBI Task Date Completed I Project Name HUC of Project Pounds of Nitrogen Acres Pounds of Nitrogen Acres Pounds of Nitrogen Acres Local Gov't Requiring 1 5/2/2012 Tasks 1, 2, 3, and 4: Credits Released 1,786.58 0.79 1,786.58 0.79 2 6/5/2012 CPGPI Erwin Retail, LLC I Ninth Street Neighborhood Commercial 5% Durham 03020201 - 1,514.13 0.67 272.45 0.12 Durham 3 6/5/2012 CPGPI Erwin Retail, LLC INinth Street Neighborhood Commercial 03020201 79.69 0.04 192.76 0.08 Durham 4 7/11/2012 City of Durham JWest Ellerbe Creek Greenway 03020201 - 192.76 0.08 - - Durham 5 1/2/2013 Task 5: Credits Released 297.76 0.13 297.76 0.13 6 6/6/2013 Kroger Kroger Fuel Center R-337 03020201 50.68 0.02 247.08 0.11 Durham 7 6/6/2013 Kroger Kroger Fuel Center R-337 (5% Durham) 03020201 2.53 0.00 244.55 0.11 Durham 8 10/4/2013 Task 6: Credits Released 10% 297.76 0.13 542.31 0.24 9 6/9/2014 Task 7: Credits Released (5%) 148.88 0.07 691.19 0.30 10 12/12/2014 Task 8: Credits Released 5% 148.88 0.07 840.07 0.37 11 1/30/2015 PHD at Roxboro, LLC I Starbucks Roxboro Rd. 030202010304 45.69 0.02 794.38 0.35 Durham 12 1/30/2015 PHD at Roxboro, LLC I Starbucks Roxboro Rd. 5% Durham 030202010304 2.28 0.00 792.10 0.35 IDurham 13 2/10/2016 Task 9: Credits Released (10%) 297.76 1 0.13 1,089.87 0.48 14 4/4/2016 Dougher Development Company Oxford Hills 030202010602 256.04 0.11 833.83 0.37 lWake Count "All sales reflected in this credit ledger are for impacts in the Upper Falls Lake Region. " 1 2,977.63 1.31 1 2,143.80 1 0.941 833.83 1 0.37 *Credits shown are only for mitigation credits approved by the UMBI, BPDP, and As -Built