2017-01462 Gideon Year 3 Monitoring Credit Release

October 03, 2023

Regulatory Division

Action ID No. SAW-2017-01462

Re: Year 3 Monitoring Report Review and Credit Release associated with the RES
Yadkin 01 Umbrella Mitigation Bank – Gideon Mitigation Site

Mr. Ryan Medric
Resource Environmental Solutions
3600 Glenwood Avenue, Suite 100
Raleigh, North Carolina 27612

Dear Mr. Medric:

This correspondence is in reference to the RES Yadkin 01 Umbrella Mitigation Bank,
Gideon Mitigation Site located in Surry County, North Carolina. The site includes
unnamed tributaries that flow to the Yadkin River in the Yadkin River Basin, Cataloging
Unit (03040101). The purpose of this letter is to transmit comments provided by the NC
Interagency Review Team (NCIRT) during the review of the monitoring report and to
confirm the Year 3 monitoring credit release for this mitigation site.

Pursuant to the site’s Umbrella Mitigation Banking Instrument and the site-specific
Mitigation Plan, the following mitigation credits shall be available for sale provided the
annual monitoring report demonstrates interim performance standards are being met:

 10% of the total enhancement and/or restoration Stream Mitigation Units (SMUs)
associated with year 3 annual monitoring (291.127 Cool Water SMUs)

Based on a review of the monitoring data provided for the stream restoration on the
site, we confirm that you have satisfied the above requirements, and 291.127 Cool Water
SMUs are now available for sale. Total credits released to date are 1,797.567 SMUs.

Please review the comments provided by the NCIRT during their review of the
monitoring report, incorporated in the email transmitted with this letter. While it is not
necessary to provide a response to specific comments at this time, please be sure to
address the issues raised in future monitoring report submittals.

DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
151 PATTON AVENUE, ROOM 208
ASHEVILLE, NORTH CAROLINA 28801-5006

Thank you for your interest in restoring and protecting waters of the United States. If
you have questions regarding this letter, please contact Steve Kichefski at
[e-mail] or telephone [phone].

Sincerely,

Todd Tugwell
Mitigation Branch Chief
Regulatory Division

Electronic Copies Furnished:
NCIRT Distribution List