20171295 Ver 1_RES Yadkin01 - Scout MY3 Credit Release

October 30, 2023

Regulatory Division

Action ID No. SAW-2017-01469

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

Mr. Daniel Dixon
Resource Environmental Solutions
3600 Glenwood Avenue, Suite 100
Raleigh, North Carolina 27612

Dear Mr. Dixon:

This correspondence is in reference to the RES Yadkin 01 Umbrella Mitigation Bank,
Scout Mitigation Site located approximately eight miles west of Clemmons and five miles
northwest of Bermuda Run, in Davie County, North Carolina. The 13.22-acre project
presents stream restoration and enhancement generating 2,918 warm Stream Mitigation
Units (SMU), after nonstandard width buffer adjustments, along Hauser Creek and two
unnamed tributaries in the Upper Yadkin Watershed of the Upper Pee Dee River Basin
(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 (291.800 Warm 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 291.800 Warm
Water SMUs are now available for sale. Total credits released to date are 1,750.800
SMUs.

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

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.

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