20091236 Ver 1_Updated Credit Release Table_20140514

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LOWER CAPE FEAR UMBRELLA MITIGATION BANK
Updated Credit Release Tables - May 14, 2014
Table IA. Credit Release for Riparian (Riverine) Wetland Enhancement and Restoration
(SNEEDEN TRACT')
Table 1B. Credit Release for Ri arian (Riverine ) Wetland Preservation - SNEEDEN TRACT
Projected
Percentage of Wetland
Credits
Cumulative
Task
Completion Date
Credits Released (/o
Released
Credits
cumulative )
Released
1.0 Signing of the MBI;
,
Recordation of Conservation
Easement Deed; Delivery of
1/15/13
15 (15)
1.58
1.58
Financial Assurances
2.0 Completion of Physical and
4/2014
15 (30)
1.57
3.15
Biological Improvements
4/2014
85 (100)
68.5
68.5
3.0 Year 1: Fulfill Success
1/2015
10 (40)
1.05
4.2
Criteria
4.0 Year 2: Fulfill Success
1/2016
15 (55)
1.58
5.78
Criteria
5.0 Year 3: Fulfill Success
Criteria
1/2017
20 (75)
2.10
7.88
6.0 Year 4: Fulfill Success
1/2018
10 (85)
1.05
8.93
Criteria
7.0 Year 5: Fulfill Success
Criteria
1/2019
15 (100)
1.57
10.5
TOTAL
100%
10.5
10.5
Table 1B. Credit Release for Ri arian (Riverine ) Wetland Preservation - SNEEDEN TRACT
Table 1C. Credit Release for Riparian (Non - Riverine) Wetland Preservation - SNEEDEN TRACT
Projected
Percentage of Wetland
Credits
Cumulative
Task
Completion Date
Credits Released (%
Released
Credits
cumulative
Released
1.0 Signing of the MBI;
,
Recordation of Conservation
Easement Deed; Delivery of
1/15/13
15 (15)
12.1
12.1
Financial Assurances
2.0 Completion of Physical and
Biological Improvements
4/2014
85 (100)
68.5
68.5
TOTAL
100%
80.6
80.6
Table 1C. Credit Release for Riparian (Non - Riverine) Wetland Preservation - SNEEDEN TRACT
Refer to Table 3 (p. 5) of MBI for original credit release schedules for the Sneeden Tract.
Page 1 of 4 Pages
Projected
Percentage of Wetland
Credits
Cumulative
Task
Completion Date
Credits Released (/o
Released
Credits
cumulative )
Released
1.0 Signing of the MBI;
,
Recordation of Conservation
Easement Deed; Delivery of
1/15/13
15 (15)
0.1
0.1
Financial Assurances
2.0 Completion of Physical and
-Biological Improvements
4/2014
85 (100)
0.7
0.7
TOTAL
100%
0.8
0.8
Refer to Table 3 (p. 5) of MBI for original credit release schedules for the Sneeden Tract.
Page 1 of 4 Pages

Table 1D. Credit Release Schedule for Stream Restoration — SNEEDEN TRACT
Table 1E. Credit Release Schedule for Stream Preservation — SNEEDEN TRACT
Projected
Percentage of Wetland
Credits
Cumulative
Task
Completion Date
Credits Released (/o
Released
Credits
cumulative )
Released
1.0 Signing of the MBI;
Recordation of Conservation
11/30/12
15 (15)
366
366
Easement Deed; Delivery of
Financial Assurances
2.0 Completion of Physical and
4/2014
15 (30)
366
732
Biological Improvements
3.0 Year 1: Fulfill Success
1/2015
10 (40)
244
976
Criteria
100%
883
883
4.0 Year 2: Fulfill Success
1/2016
10 (50)
244
1,220
Criteria
5.0 Year 3: Fulfill Success
1/2017
10 (60)
244
1,464
Criteria
6.0 Year 4: Fulfill Success
1/2018
10 (70)
244
1,708
Criteria
7.0 Year 5: Fulfill Success
1/2019
15 (85)
366
2,074
Criteria
8.0 Documentation of Two
Bank -full Events in Separate
TBD
15 (100)
367
2,441
Years
TOTAL
100%
2,441
2,441
Table 1E. Credit Release Schedule for Stream Preservation — SNEEDEN TRACT
Page 2 of 4 Pages
Projected
Percentage of Wetland
Credits
Cumulative
Task
Completion Date
Credits Released (/o
Released
Credits
cumulative )
Released
1.0 Signing of the MBI;
Recordation of Conservation
1/15/13
15 (15)
132
132
Easement Deed; Delivery of
Financial Assurances
2.0 Completion of Physical and
4/2014
85 (100)
751
751
Biological Improvements
TOTAL
100%
883
883
Page 2 of 4 Pages

Table 2A. Credit Release Schedule for Riparian (Non - Riverine) Forested Wetlands - WHITE SPRINGS2
Table 2B. Credit Release for Non - Riparian (Non- Forested) Wetlands - WHITE SPRINGS
Projected
Percentage of Wetland
Credits
Cumulative
Task
Completion Date
Credits Released (/o
Released
Credits
cumulative
Released
1.0 Signing of the MBI;
Recordation of Conservation
1/15/13
15 (15)
0.3
0.3
Easement Deed; Delivery of
Financial Assurances
2.0 Completion of Physical and
2/2015
15 (30)
0.3
0.6
Biological Improvements
3.0 Year 1: Fulfill Success
1/2016
10 (40)
0.2
0.8
Criteria
4.0 Year 2: Fulfill Success
1/2017
10 (50)
0.1
0.9
Criteria
5.0 Year 3: Fulfill Success
1/2018
10 (60)
0.2
1.1
Criteria
6.0 Year 4: Fulfill Success
1/2019
10 (70)
0.1
1.2
Criteria
7.0 Year 5: Fulfill Success
1/2020
10 (80)
0.2
1.4
Criteria
8.0 Year 6: Fulfill Success
1/2021
10 (90)
0.2
1.6
Criteria
9.0 Year 7: Fulfill Success
1/2022
10 (100)
0.2
1.8
Criteria
TOTAL
100%
1.8
1.8
Table 2B. Credit Release for Non - Riparian (Non- Forested) Wetlands - WHITE SPRINGS
2 Refer to Table 2 (p. 5) of MBI for original credit release schedules for the White Springs Tract.
Page 3 of 4 Pages
Projected
Percentage of Wetland
Credits
Cumulative
Task
Completion Date
Credits Released (/o
Released
Credits
cumulative )
Released
1.0 Signing of the MBI;
Recordation of Conservation
1/15/13
15 (15)
9.9
9.9
Easement Deed; Delivery of
Financial Assurances
2.0 Completion of Physical and
2/2015
15 (30)
9.9
19.8
Biological Improvements
3.0 Year 1: Fulfill Success
1/2016
10 (40)
6.6
26.4
Criteria
4.0 Year 2: Fulfill Success
1/2017
15 (55)
9.9
36.3
Criteria
5.0 Year 3: Fulfill Success
1/2018
20 (75)
13.2
49.5
Criteria
6.0 Year 4: Fulfill Success
1/2019
10 (85)
6.6
56.1
Criteria
7.0 Year 5: Fulfill Success
1/2020
15 (100)
10.0
66.1
Criteria
TOTAL
100%
66.1
66.1
2 Refer to Table 2 (p. 5) of MBI for original credit release schedules for the White Springs Tract.
Page 3 of 4 Pages

Tahle 2C. Credit Release Schedule for Stream Restoration — WHITE SPRINGS
Page 4 of 4 Pages
Projected
Percentage of Wetland
Credits
Cumulative
Task
Completion Date
Credits Released (/o
Released
Credits
cumulative )
Released
1.0 Signing of the MBI;
Recordation of Conservation
11/30/12
15 (15)
226.2
226.2
Easement Deed; Delivery of
Financial Assurances
2.0 Completion of Physical and
2/2015
15 (30)
226.2
452.4
Biological Im rovements
3.0 Year 1: Fulfill Success
1/2016
10 (40)
150.8
603.2
Criteria
4.0 Year 2: Fulfill Success
1/2017
10 (50)
150.8
754.0
Criteria
5.0 Year 3: Fulfill Success
1/2018
10 (60)
150.8
904.8
Criteria
6.0 Year 4: Fulfill Success
1/2019
10 (70)
150.8
1,055.6
Criteria
7.0 Year 5: Fulfill Success
1/2020
15 (85)
226.2
1,281.8
Criteria
8.0 Documentation of Two
Bank -full Events in Separate
TBD
15 (100)
226.2
1,508.0
Years
TOTAL
100%
1,508
1,508
Page 4 of 4 Pages