20181034 Ver 1_Notice of Initial Credit Release - NCDMS UT to Rush Fork_20221007 (2)

Mitigation Project Name
DMS ID
River Basin
Cataloging Unit
County
Ki m berly T.
UT to Rush Fork
100068
French Broad
06010106
Haywood
Isenhour
USACE Action ID
2018-01171
DWR Permit
2018-1034
Date Project Instituted
4/23/2018
Date Prepared
8/23/2022
Stream/Wet. Service Area
French Broad 06010106
Digitally signed by Kimberly T. Isenhour
Date: 2022.10.07 14:28:37-04'00'
Signature of Official Approving Credit Release
1 - For NCDMS, no credits are released during the first milestone (Site Establishment).
2 - For NCDMS projects, the initial credit release milestone occurs when the as -built report (baseline monitoring report) has been approved by the NCIRT and
posted to the NCDMS Portal, provided the following criteria are met:
1) Approval of Final Mitigation Plan;
2) Recordation of the preservation mechanism, as well as a title opinion acceptable to the USACE covering the property;
3) Completion of all physical and biological improvements to the mitigation site pursuant to the mitigation plan;
4) Receipt of necessary DA permit authorization or written DA approval for projects where DA permit issuance is not required.
3 - A 10% reserve of credits is to be held back until the bankful event performance standard has been met.
Credit Release Milestone
Cold Stream Credits
Project Credits
Scheduled
Releases %
Estimated
Scheduled
Release #
Proposed
Released #
Not Approved
#Releases
Approved
Credits
Anticipated
Release
Year
Approved
Release
Date
1 - Site Establishment
N/A
N/A
N/A
N/A
N/A
N/A
N/A
2 - Year 0 / As -Built
30.00%
1,060.083
1,060.076
0.000
1,060.076
2022
8/23/2022
3 - Year 1 Monitoring
10.00%
353.361
2023
4 - Year 2 Monitoring
10.00%
353.361
2024
5 - Year 3 Monitoring
10.00%
353.361
2025
6 - Year 4 Monitoring
5.00%
176.681
2026
7 - Year 5 Monitoring
10.00%
353.361
2027
8 - Year 6 Monitoring
5.00%
176.681
2028
9 - Year 7 Monitoring
10.00%
353.361
2029
Stream Ban full Standard
10.00%
353.361
2026
Totals
1,060.076
Total Gross Credits
3,533.610
Total Unrealized Credits to Date
0.000
Total Released Credits to Date
1,060.076
Total Percentage Released
30.00%
Remaining Unreleased Credits
2,473.534
Notes
Contingencies (if any)
Project Quantities
Mitigation Type
Restoration Type
Physical Quantity
Cold Stream
Restoration
2,843.580
Cold Stream
Enhancement I
818.300
Cold Stream
Enhancement II
361.240
UT to Rush Fork
French Broad 06010106 1 of 2

Mitigation Project Name
UT to Rush Fork
DMS ID
100068
River Basin
French Broad
Cataloging Unit
06010106
County
Haywood
USACE Action ID
DWR Permit
Date Project Instituted
Date Prepared
Stream/ Wet. Service Area
2018-01171
2018-1034
4/23/2018
8/23/2022
French Broad 06010106
Debits
Cold Stream
Restoration
Credits
Beginning Balance (mitigation credits)
3,533.610
Released Credits
1,060.076
Unrealized Credits
0.000
Converted Credits
0.000
Owning Program
Req. Id
TIP #
Project Name
USACE Permit
#
DWR
Permit #
DCM Permit
#
Remaining Balance (Released credits)
1,060.076
Remaining Balance (Unreleased credits)
2,473.534
Total Remaining Balance (Released and Unreleased credits)
3,533.610
UT to Rush Fork
French Broad 06010106
2 of 2