20160981 Ver 1_SAW-2016-01973 Uzzle Second Credit Release_20190819

Regulatory Division/1200A
DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
69 DARLINGTON AVENUE
WILMINGTON, NORTH CAROLINA 28403-1343
Action ID No. SAW -2016-01973
August 19, 2019
Re: Second Credit Release (As -Built Implementation) associated with Neu -Con Umbrella
Mitigation Bank, Uzzle Mitigation Site
Mr. Brad Breslow
EBX-Neuse I, LLC
302 Jefferson Street, Suite 110
Raleigh, North Carolina 27605
Dear Mr. Breslow:
This correspondence is in reference to the Neu -Con Umbrella Mitigation Bank, Uzzle
Mitigation Site, located at 105 Meta Drive, near Clayton; in Johnston County, North Carolina;
within the Little Poplar Creek watershed in the Upper Neuse Cataloging Unit (03020201). The
purpose of this letter is to confirm the second release of credits (As -Built Implementation) for this
mitigation site.
Pursuant to the Mitigation Banking Instrument (LIMBI) entitled, Neu -Con Umbrella Wetland
Mitigation and Stream Restoration Bank, approved April 2, 2001 and amended April 10, 2009; the
site-specific Uzzle Creek Final Mitigation Plan (Plan) dated December 2018 and approved
February 11, 2019; and the Uzzle Mitigation Site As -Built Baseline Monitoring Report dated July
2019, 15 percent of the mitigation site's total restoration and enhancement stream credits shall be
available for sale immediately upon completion of all of the following:
a. Successful completion of all stream restoration and enhancement activities (As -Built
Construction) as described in the Plan, dated December 2018;
b. Successful completion of all planting activities as described in the Plan, dated
December 2018; and
c. Successful completion of easement fencing suitable for livestock exclusion as outlined
in the Plan, dated December 2018.
Please note that all conditions of the Plan have been fully met, and the construction and
planting activities have been completed; therefore, the Construction Performance Bond for the
Uzzle Mitigation Site is hereby released. The monitoring and maintenance bond, letter of credit, or

casualty insurance must be received by April 30, 2020. Failure to comply may lead to a
suspension in credit sales.
By copy of this correspondence, we confirm that you have satisfied the above requirements for
the second release of credits (As -Built Implementation); and 431.4 stream mitigation units
(SMU's), constituting 15 percent of the mitigation site's total restoration and enhancement stream
credits (2876 SMUs), are now available for sale. To date, 30 percent of the total stream restoration
and enhancement credits (862.8 SMUs) have been released. Our records indicate that zero SMUs
associated with this mitigation site have been debited as of August 19, 2019. Therefore, the
current total amount of credits available for sale are 862.8 SMUs.
Thank you for your interest in restoring and protecting waters of the United States. If you have
questions regarding this letter, please contact Samantha Dailey, Raleigh Regulatory Field Office at
Samantha.J.Daileygusace.army.mil or telephone [phone], Extension 22.
Sincerely,
Jean B. Gibby
Chief, Raleigh Regulatory Field Office
Regulatory Division
Electronic Copies Furnished:
NCIRT Distribution List