20201990 Ver 1_Notice of As-Built Review / RES Pasquotank UMB - White Hat

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Good morning IRT,

The below referenced FINAL As-Built Report review and associated MY0 Credit Release has been requested by the bank sponsor. The As-Built Report and associated documents have been posted
to the RIBITS site for this bank and are now available for download (see link to Cyber Repository below). Please contact the USACE Bank PM or Mitigation Specialist identified below
if you prefer to receive a hard copy. Per Section 332.8(o)(9) of the 2008 Mitigation Rule, this review follows the credit release approval process, which requires an IRT review period
with a comment deadline of 15 calendar days after the date of this email notification or from the date of a site visit, should it be required. Comments provided after the comment deadline
(shown below) may not be considered. At the conclusion of this comment period, a copy of all comments will be provided to the sponsor and the NCIRT along with District Engineer's
approval or disapproval of the credit release.

15-Day Comment Start Date: June 20, 2023

15-Day Comment Deadline: August 16, 2023 (15 days following field review)

45-Day Credit Release Approval Deadline: September 16, 2023

Field Review Date: August 01, 2023, meeting time TBD

Meeting Location: 36.1736373, -76.3303377

Location is approximately 2 hours 35 minutes from Raleigh. Please note a meeting invite will be sent at a later date.

Project Information:

Project: RES Pasquotank UMB - White Hat Mitigation Site

Sponsor: Environmental Banc & Exchange, LLC

Sponsor POC: Ben Carroll, [e-mail] <mailto:[e-mail]>

Action ID: SAW-2018-02027

County: Perquimans

Location: 36.1736373, -76.3303377

HUC: 03010205

USACE Bank PM: Todd Tugwell, [e-mail]

USACE Bank Specialist: Casey Haywood, [e-mail]

Requested Credit Release: As-built/MY0

15% of the total stream restoration credits: 1,100.970 (SMU) Warm Water Stream Credits

15% of the total wetland credits: 1.203 (WMU) Riparian Wetland Credits

Note: Due to a change in easement boundary during As-built, total credit amounts have decreased from 7,363.663 to 7,351.733 SMUs and from 8.470 to 8.434 WMUs. This change resulted in
1.79 extra SMUs and 0.011 extra WMUs being released in Task 1 due to the higher credit totals in the approved Mitigation Plan. The requested credit amounts for As-Built reflect this
change in total credit, and account for the extra credits released in Task 1.

RIBITS Cyber Repository Link: https://ribits.ops.usace.army.mil/ords/f?p=107:10:2864304021616::::P10_BANK_ID:5158 <https://ribits.ops.usace.army.mil/ords/f?p=107:10:2864304021616::::P10_BANK_ID:5158>

Please note that you must be logged in to access documents in the cyber repository.

Please reach out if you have questions.

Thank you,

Casey

Casey Haywood

Mitigation Specialist, Regulatory Division I U.S. Army Corps of Engineers

[phone] work cell

BUILDING STRONG ®