20180067 Ver 1_RES French Broad 05 UMB - Puncheon Fork Mitigation Site/ Madison County MY3 Credit Release

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Hello Katie,

Attached is the Year 3 monitoring credit release letter for the: SAW-2018-00094 / EBX, LLC / RES French Broad 05 UMBI / Puncheon Fork Year 3 Monitoring Report. IRT comments on the
MY3 Report are incorporated in this email.

**The Corps agrees to the M&M bond reduction for Bond No. 9384440 in conjunction with the Year 3 credit release, in the amount of $93,143.00, per the bond reduction schedule.

Maria Polizzi (NCDWR) comments:

1. Page 9, second paragraph under Stream Geomorphology: This paragraph is a bit confusing. Which stream channel is this referring to? All the channels? A specific reach
that had a problem in a previous year? Consider rewording in the future, if relevant.

2. An additional update on the Flexi Baffles next year would be helpful. Since the installation date was so close to the monitoring date, it is difficult to determine
long term effectiveness this year.

3. Species diversity is low in a few plots (only 3 or 4 species). It also appears that the reason Plot 3 is not meeting performance standards is due to low planting density
rather than mortality. Are there planting methods that could be improved upon in future projects to ensure proper spacing and species distribution throughout the site?

4. I am in support of the credit release as proposed for this project.

Erin Davis (USACE) comments:

1. The GPA-1 photo is concerning. Will seeding be sufficient to stabilize this slope area and stop the headcut migration long-term?

2. In the MY4 report, please provide information on stem survival of the 2023 supplemental planting within the Wetland B credit area. Similarly, please watch stem density
in and around veg plot 3 since vegetative uplift is the primarily performance standard for the surrounding Wetland C credit area.

3. Based on the JB4-B stage recorder graph, it appears this restoration reach had low/no flow for a majority of the monitoring duration captured. Is this representative
of observations made during site inspections? Was the JB4-B stage recorder data similar in MY1 and MY2?

4. It would be helpful to have a Table 13 footnote specifying the data collection end date (i.e., August 16, 2023 for MY3).

This electronic copy is an official Department of the Army Notification. If you wish to receive a paper copy, one will be mailed upon request.

Please let me know if you have any questions.

Regards,

Steve Kichefski

Regulatory Project Manager

U.S. Army Corps of Engineers

Wilmington District, Mitigation Branch

(828)-271-7980 Ext. 4234

(828)-933-8032 cell

The Wilmington District is committed to providing the highest level of support to the public. To help us ensure we continue to do so, please complete the Customer Satisfaction Survey
located at our website at https://regulatory.ops.usace.army.mil/customer-service-survey/ <Blockedhttps://regulatory.ops.usace.army.mil/customer-service-survey/> to complete the survey
online.

From: Davis, Erin B CIV USARMY CESAW (USA) <[e-mail]>
Sent: Monday, September 18, 2023 2:33 PM
To: Tugwell, Todd J CIV USARMY CESAW (USA) <[e-mail]>; Kichefski, Steven L CIV USARMY CESAW (USA) <[e-mail]>; Isenhour, Kimberly T CIV USARMY
CESAW (USA) <[e-mail]>; Haywood, Casey M CIV USARMY CESAW (USA) <[e-mail]>; Bowers, Todd <[e-mail]>; Hamstead, Byron <[e-mail]
v>; Polizzi, Maria <[e-mail]>; Haupt, Mac <[e-mail]>; Wilson, Travis W. <[e-mail]>; Leslie, Andrea J <[e-mail]>; Dave
McHenry <[e-mail]>
Cc: Jamey McEachran <[e-mail]>; [e-mail]
Subject: Notice of Year 3 Monitoring Report Review/ RES French Broad 05 UMB - Puncheon Fork Mitigation Site/ SAW‐2018-00094/ Madison County

Hello IRT,

The below referenced Annual Monitoring Report review and associated MY 3 Credit Release has been requested by the bank sponsor. The Annual Monitoring Report has been posted to the RIBITS
site for this bank and are now available for download (see link to Cyber Repository below). 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. Within 30 days of the conclusion of the IRT review 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: September 22, 2023

15-Day Comment Deadline: October 7, 2023

45-Day Credit Release Approval Deadline: November 6, 2023

Project Information:

Bank Name: RES French Broad 05 UMB

Site Name: Puncheon Fork Mitigation Site

Sponsor: RES
Sponsor POC: Katie Obenauf, Project Ecologist, [e-mail] <mailto:[e-mail]> , [phone]
USACE ID: SAW-2018-00094
Location: 35.960276 N, -82.533400 W

County: Madison

HUC: 6010105

River Basin: French Broad
USACE Bank PM: Steve Kichefski [e-mail] <mailto:[e-mail]> , (828)-933-8032

USACE Bank Mit Specialist: Erin Davis, [e-mail] <mailto:[e-mail]> , [phone]

Credit Release Activities: Year 3 Annual Monitoring (10% SMUs & 15% WMUs)

Credit Release Requested: 283.555 Cold Water Stream Credits and 0.147 Riparian Wetland Credits

RIBITS Cyber Repository Link: https://ribits.ops.usace.army.mil/ords/f?p=107:278:408802593689:::RP,278:P278_BANK_ID:4910 <https://ribits.ops.usace.army.mil/ords/f?p=107:278:408802593689:::RP,278:P278
_BANK_ID:4910>

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

When submitting comments please indicate if you are requesting a site visit. Please reach out if you have any questions.

Thank you,

Erin

Erin B. Davis

Mitigation Specialist, Regulatory Division

U.S. Army Corps of Engineers, Wilmington District

[phone] work cell

4. It would be helpful to have a Table 13 footnote specifying the data collection end date (i.e., August 16, 2023
for MY3).

This electronic copy is an official Department of the Army Notification. If you wish to receive a paper copy, one will be
mailed upon request.

Please let me know if you have any questions.

Regards,

Steve Kichefski
Regulatory Project Manager
U.S. Army Corps of Engineers
Wilmington District, Mitigation Branch
(828)-271-7980 Ext. 4234
(828)-933-8032 cell

The Wilmington District is committed to providing the highest level of support to the public. To help us ensure we
continue to do so, please complete the Customer Satisfaction Survey located at our website at
https://regulatory.ops.usace.army.mil/customer-service-survey/ to complete the survey online.

From: Davis, Erin B CIV USARMY CESAW (USA) <[e-mail]>
Sent: Monday, September 18, 2023 2:33 PM
To: Tugwell, Todd J CIV USARMY CESAW (USA) <[e-mail]>; Kichefski, Steven L CIV USARMY
CESAW (USA) <[e-mail]>; Isenhour, Kimberly T CIV USARMY CESAW (USA)
<[e-mail]>; Haywood, Casey M CIV USARMY CESAW (USA)
<[e-mail]>; Bowers, Todd <[e-mail]>; Hamstead, Byron
<[e-mail]>; Polizzi, Maria <[e-mail]>; Haupt, Mac <[e-mail]>;
Wilson, Travis W. <[e-mail]>; Leslie, Andrea J <[e-mail]>; Dave McHenry
<[e-mail]>
Cc: Jamey McEachran <[e-mail]>; [e-mail]
Subject: Notice of Year 3 Monitoring Report Review/ RES French Broad 05 UMB - Puncheon Fork Mitigation Site/ SAW‐
2018-00094/ Madison County

Hello IRT,

The below referenced Annual Monitoring Report review and associated MY 3 Credit Release has been requested by the
bank sponsor. The Annual Monitoring Report has been posted to the RIBITS site for this bank and are now available for
download (see link to Cyber Repository below). 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. Within 30 days of the conclusion of the IRT review
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: September 22, 2023
15-Day Comment Deadline: October 7, 2023
45-Day Credit Release Approval Deadline: November 6, 2023

Project Information:
Bank Name: RES French Broad 05 UMB
2

Site Name: Puncheon Fork Mitigation Site
Sponsor: RES
Sponsor POC: Katie Obenauf, Project Ecologist, [e-mail], [phone]
USACE ID: SAW-2018-00094
Location: 35.960276 N, -82.533400 W
County: Madison
HUC: 6010105
River Basin: French Broad
USACE Bank PM: Steve Kichefski [e-mail], (828)-933-8032
USACE Bank Mit Specialist: Erin Davis, [e-mail], [phone]

Credit Release Activities: Year 3 Annual Monitoring (10% SMUs & 15% WMUs)
Credit Release Requested: 283.555 Cold Water Stream Credits and 0.147 Riparian Wetland Credits

RIBITS Cyber Repository Link:
https://ribits.ops.usace.army.mil/ords/f?p=107:278:408802593689:::RP,278:P278_BANK_ID:4910
Please note that you must be logged in to access documents in the cyber repository.

When submitting comments please indicate if you are requesting a site visit. Please reach out if you have any questions.

Thank you,
Erin

Erin B. Davis
Mitigation Specialist, Regulatory Division
U.S. Army Corps of Engineers, Wilmington District
[phone] work cell

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