Starker_MY1_Credit Release Schedule_signed

Project Name:
Sponsor Name:
USACE Action ID:
NCDWQ Action ID:
Non-Forested
Wetland
Credits
Warm
Water
Cool
Water
Cold
Water
Riparian
Riverine
Riparian
Non-Riverine Non-Riparian Coastal
9,656.73
9,656.73
Scheduled
Releases
Warm
Water
Cool
Water
Cold
Water
Scheduled
Releases
Riparian
Riverine
Riparian
Non-Riverine Non-Riparian Scheduled
Releases Coastal
1 (Bank/Site Establishment)1, 2 15%1,448.51 15%15%1/30/2022 1/20/2022
2 (Year 0/As-Built)3 15%1,448.51 15%15%4/30/2023 8/17/2023
3 (Year 1 Monitoring)10%965.67 10%10%1/30/2024
4 (Year 2 Monitoring)10%965.67 10%15%1/30/2025
5 (Year 3 Monitoring)10%965.67 15%20%1/30/2026
6 (Year 4 Monitoring)5%482.84 5%10%1/30/2027
7 (Year 5 Monitoring)10%965.67 15%15%1/30/2028
8 (Year 6 Monitoring)5%482.84 5%NA NA 1/30/2029
9 (Year 7 Monitoring)10%965.67 10%NA NA 3/30/2030
Stream Bankfull Standard4 10%965.67 NA NA NA NA NA NA Varies4
Total Credits Release to Date 1,448.51
Date
Wilmington District Mitigation Bank Credit Release Schedule
4 - A 10% reserve of credits to be held back until the bankfull event performance standard has been met.
1 - The first credit release milestone is based on the potential credits stated in the approved mitigation plan.
2 - The first credit release shall occur upon establishment of the mitigation bank, which includes the following criteria:
1) Execution of the MBI or UMBI by the Sponsor and the USACE;
2) Approval of the final Mitigation Plan;
3) Mitigation bank site must be secured;
4) Delivery of the financial assurances described in the Mitigation Plan;
5) Recordation of the long-term protection mechanism and title opinion acceptable to the USACE;
6) 404 permit verification for construction of the site, if required.
3 - The second credit release is based on the credit totals from the as-built survey, and may differ slightly from the credit totals stated in the mitigation plan.
Contingencies (if any): None
Signature of Wilmington District Official Approving Credit Release
Starker (WLS Catawba 01 UMB)
Water & Land Solutions, LLC
SAW-2020-01540
2020-1357
Potential Credits from Mitigation Plan
Forested Wetland Credits
Total Potential Credits
Projected
Release Date
Actual Release
Date
Potential Credits from As-Built Survey
Stream Credits
Credit Classification
Non-Forested Wetland
CreditsForested Wetland CreditsStream Credits
Current and Future Credit Releases
Credit Release Milestone
Catawba
03050101
2020
12/14/2023
County:
8-Digit HUC:
Year Project Instituted:
Date Prepared:
3/20/2024
3/20/2024