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HomeMy WebLinkAbout20190865 Ver 1_IRT Review Request: As-Built Baseline MR (MY0)_20221011 (2)Mitigation Project Name Laurel Springs USACE Action ID DMS ID 100122 DWR Permit River Basin French Broad Date Project Instituted Cataloging Unit 06010108 Date Prepared County Avery Stream/Wet. Service Area Signature of Official Approving Credit Release 2019-00835 2019-0865 5/17/2019 10/6/2022 French Broad 06010108 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 0/6Release Estimated Scheduled # 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% 1,269.547 1,269.547 0.000 1,269.547 2022 10/6/2022 3 -Year 1 Monitoring 10.00% 423.183 2023 4 -Year 2 Monitoring 10.00% 423.183 2024 5 - Year 3 Monitoring 10.00% 423.183 2025 6 - Year 4 Monitoring 5.00% 211.591 2026 7 -Year 5 Monitoring 10.00% 423.183 2027 8 - Year 6 Monitoring 5.00% 211.591 2028 9 -Year 7 Monitoring 10.00% 423.183 2029 Stream Bankfull Standard 10.00% 423.183 2026 Totals 1,269.547 Total Gross Credits 4,231.827 Total Unrealized Credits to Date 0.000 Total Released Credits to Date 1,269.547 Total Percentage Released 30.00% Remaining Unreleased Credits 2,962.280 Credit Release Milestone Riparian Credits Project Credits Scheduled Releases 0/6Release Estimated Scheduled # 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% 1.107 1.107 0.000 1.107 2022 10/6/2022 3 -Year 1 Monitoring 10.00% 0.369 2023 4 - Year 2 Monitoring 10.00% 0.369 2024 5 - Year 3 Monitoring 15.00% 0.553 2025 6 - Year 4 Monitoring 5.00% 0.184 2026 7 -Year 5 Monitoring 15.00% 0.553 2027 8 - Year 6 Monitoring 5.00% 0.184 2028 9 -Year 7 Monitoring 10.00% 0.369 2029 Totals 1.107 Total Gross Credits 3.688 Total Unrealized Credits to Date 0.000 Laurel Springs French Broad 06010108 1 of 2 Mitigation Project Name Laurel Springs DMS ID 100122 River Basin French Broad Cataloging Unit 06010108 County Avery Notes Contingencies (if any) Project Quantities USACE Action ID DWR Permit Date Project Instituted Date Prepared Stream/Wet. Service Area Total Released Credits to Date 1.107 Total Percentage Released 30.02% Remaining Unreleased Credits 2.581 Mitigation Type Restoration Type Physical Quantity Cold Stream Restoration 3,296.000 Cold Stream Enhancement I 274.000 Cold Stream Enhancement II 446.000 Cold Stream Preservation 1,245.000 Riparian Restoration 3.688 2019-00835 2019-0865 5/17/2019 10/6/2022 French Broad 06010108 Debits Cold Stream Restoration Credits Cold Stream RestorationEquivalent Credits Riparian Restoration Credits Beginning Balance (mitigation credits) 4,107.327 124.500 3.688 Released Credits 1,232.197 37.350 1.107 Unrealized Credits 0.000 0.000 0.000 Converted Credits 0.000 0.000 0.000 Owning Program Req. Id TIP # Project Name USACE Permit # DWR Permit # DCM Permit # Remaining Balance (Released credits) 1,232.197 37.350 1.107 Remaining Balance (Unreleased credits) 2,875.130 87.150 2.581 Total Remaining Balance (Released and Unreleased credits) 4,107.327 124.500 3.686 Laurel Springs French Broad 06010108 2 of 2