Colonial Farms_100191_TP 03_RW_Initial Release KI

Mitigation Project Name
DMSID
River Basin
Cataloging Unit
County
Kimberly T.
Colonial Farms
100191
Tar -Pamlico
03020103
Edgecombe
Isenhour
USACE Action ID
2021-00346
DWR Permit
2021-0399
Date Project Instituted
2/11/2021
Date Prepared
8/23/2022
Stream/Wet. Service Area
Tar -Pamlico 03020103
Digitally signed by Kimberly T. Isenhour
Date: 2022.10.19 15:17:20-04'00'
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
Riparian 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%
4.504
4.504
0.000
4.504
2022
8/23/2022
3 - Year 1 Monitoring
10.00%
1.500
2023
4 - Year 2 Monitoring
10.00%
1.500
2024
5 - Year 3 Monitoring
15.00%
2.250
2025
6 - Year 4 Monitoring
5.00%
0.750
2026
7 - Year 5 Monitoring
15.00%
2.250
2027
8 - Year 6 Monitoring
5.00%
0.750
2028
9 - Year 7 Monitoring
10.00%
1.500
2029
Totals
4.504
Total Gross Credits
15.004
Total Unrealized Credits to Date
0.000
Total Released Credits to Date
4.504
Total Percentage Released
30.02%
Remaining Unreleased Credits
110.500
Notes
Contingencies (if any)
Project Quantities
Mitigation Type
Restoration Type
Physical Quantity
Riparian
Restoration
15.004
Colonial Farms
Tar -Pamlico 03020103

Mitigation Project Name USACE Action ID 2021-00346
DWR Permit 2021-0399
Date Project Instituted 2/11/2021
Date Prepared 8/23/2022
Stream/Wet. Service Area Tar -Pamlico 03020103
Colonial Farms
DMS ID
100191
River Basin
Tar -Pamlico
Cataloging Unit
03020103
County
Edgecombe
Debits
Riparian
Restoration
Beginning Balance (mitigation credits)
15.004
Released Credits
4.504
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)
4.504
Remaining Balance (Unreleased credits)
10.500
Total Remaining Balance (Released and Unreleased credits)
15.004
Colonial Farms
Tar -Pamlico 03020103

Colonial Farms
Tar -Pamlico 03020103

Colonial Farms
Tar -Pamlico 03020103