20171584 Ver 1_SAW-2017-01918 Full Credit Release_20191126

Strickland, Bev
From:
Kichefski, Steven L CIV USARMY CESAW (USA) <[e-mail]>
Sent:
Tuesday, November 26, 2019 3:51 PM
To:
Andrea Eckardt; Shawn Wilkerson
Cc:
Haupt, Mac; Davis, Erin B; Byron Hamstead ([e-mail]); Bowers, Todd;
Leslie, Andrea J; Wilson, Travis W.; Tugwell, Todd J CIV USARMY CESAW (US); Kim
Browning; Jones, M Scott (Scott) CIV USARMY CESAW (USA); Crumbley, Tyler A CIV
USARMY CESAW (USA); McLendon, C S CIV USARMY CESAW (USA)
Subject:
[External] Yadkin Valley Umbrella Mitigation Bank Full Credit Release for Dugger
Creek Site (SAW-2017-01918)
Attachments:
SAW-2017-01918 Yadkin Valley UMB Dugger Creek Full Credit Release SIGNED.pdf
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Andrea/Shawn,
Please find attached the full credit release letter for the Yadkin Valley Umbrella Mitigation Bank: Dugger Creek
Mitigation Site (SAW-2017-01918). As requested, since this is a preservation only site, 100% credit is being released for
satisfying the credit release requirements pursuant to the Mitigation Banking Instrument (UMBI) entitled, Agreement to
Establish the Yadkin Valley Umbrella Mitigation Bank, approved October 17, 2019 and the site -specific mitigation plan. In
accordance with the plan, 18,227 stream mitigation units (SMU's) are now available for the Dugger Creek Mitigation
Site.
A hard copy was also mailed to your office. Feel free to contact me with any questions.
Regards,
Steve Kichefski
Regulatory Project Manager
U.S. Army Corps of Engineers
Wilmington District, Asheville Field Office
151 Patton Avenue, Suite 208
Asheville, NC 28801
(828)-271-7980 Ext. 4234
The Wilmington District is committed to providing the highest level of support to the public. To help us ensure we
continue to do so, please complete the Customer Satisfaction Survey located at our website at
http://corpsmapu.usace.army.mil/cm_apex/f?p=136:4:0 to complete the survey online.

DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
151 PATTON AVENUE
ROOM 208
ASHEVILLE, NORTH CAROLINA 28801-5006
November 26, 2019
Regulatory Division
Action ID No.: SAW-2017-01918
SUBJECT: Initial Credit Release associated with the Yadkin Valley Umbrella Mitigation
Bank — Dugger Creek Site
Mr. Shawn Wilkerson
Wildlands Engineering, Inc.
1430 South Mint Street, Suite 104
Charlotte, North Carolina 28203
Dear Mr. Wilkerson:
This correspondence is in reference to the Dugger Creek Mitigation Site, part of the
Yadkin Valley Umbrella Mitigation Bank, located in western North Carolina. The 777-
acre site is adjacent to Dugger Creek in the Yadkin River Basin (03040101) and located
in Watauga and Wilkes Counties, North Carolina. The purpose of this letter is to confirm
the initial release of credits for this mitigation site.
Pursuant to the Mitigation Banking Instrument (UMBI) entitled, Agreement to
Establish the Yadkin Valley Umbrella Mitigation Bank, approved October 17, 2019; and
the site -specific Dugger Creek Final Mitigation Plan dated June 2019, one hundred
(100%) of the mitigation site's preservation credits shall be available for sale
immediately upon completion of all the following:
a. Execution of the MBI by the Sponsor, the Corps, and other agencies eligible for
membership in the IRT who chose to execute the agreement.
b. Approval of the Final Mitigation Plan.
c. The mitigation site must be secured.
d. Delivery of the executed financial assurance documents as described in Section
11.0, page 25, of the Dugger Creek Mitigation Plan dated June 2019.
e. Recordation of the Corps -approved site protection mechanism described in
Section 3.0 page 8 of the Dugger Creek Final Mitigation Plan dated June 2019,
including a title opinion covering the property.
f. Issuance of the 404-permit authorization for site construction.

-2-
As long as all Corps requested comments and revisions were made to the Dugger
Conservation Easements, by copy of this correspondence, we confirm that you have
satisfied the above requirements for initial release for all parcels within the bank; and
18,227 stream mitigation units (SMU's) constituting 100% of the bank site's preservation
credits are now available for sale.
Thank you for your time and cooperation. If you have any questions, please contact
Steve Kichefski at [phone] extension 4234.
Sincerely,
Scott Jones, PWS
Chief
Asheville/Charlotte Regulatory Field Offices
cc (electronically):
Yadkin Valley UMB NCIRT Distribution List