HomeMy WebLinkAboutRS_Motes Creek_MY6 Credit Release ScheduleSAW‐2015‐001696
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
5345.000 0.920
5345.000 0.920
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% 801.750 15% 0.138 12/1/2017 9/29/2017
2 (Year 0/As‐Built)3 15% 801.750 15% 0.138 6/1/2018 5/2/2018
3 (Year 1 Monitoring)10% 534.500 10% 0.092 12/1/2018 11/13/2018
4 (Year 2 Monitoring)10% 534.500 10% 0.092 12/1/2019 12/5/2019
Stream Bankfull 4 5% 267.250 NA 0.000 12/1/2019 12/5/2019
5 (Year 3 Monitoring)10% 534.500 10% 0.092 11/19/2020 11/19/2020
6 (Year 4 Monitoring)5% 267.250 10% 0.092 2021 1/19/2022
Stream Bankfull 4 5% 267.250 NA 0.000 2021 1/19/2022
7 (Year 5 Monitoring)10% 534.500 10% 0.092 2022 2/7/2023
8 (Year 6 Monitoring)5%267.250 10% 0.092 2023
9 (Year 7 Monitoring)10% 534.500 10% 0.092 2024
Total Credits Release to Date 90%4,810.500 50% 0.460
Contingencies (if any): The CF02 Umbrella Mitigation Bank has a credit release schdule for streams and wetlands that is different than other Banks in the District.
Signature of Wilmington District Official Approving Credit Release Date
Current and Future Credit Releases
Credit Release Milestone
Stream Credits Forested Wetland Credits Non‐Forested Wetland
Credits Projected
Release Date
Actual Release
Date
Potential Credits from As‐Built Survey
SAW‐2015‐01696 Year Project Instituted: 2017
2014 1149 v2 Date Prepared: 1/22/2024
Total Potential Credits
Credit Classification
Stream Credits Forested Wetland Credits*
Potential Credits from Mitigation Plan
Wilmington District Mitigation Bank Credit Release Schedule
Motes Creek County: Alamance
Restoration Systems 8‐Digit HUC: 03030002
* Wetland credits can be released according to the MBI credit release schedule at the request of the Sponsor.
4 ‐ A 10% total reserve of credits to be held back until the bankfull event performance standard has been met. See Bank's MBI
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.
Any discrepancy (either positive or negative) is made up during the second credit release.
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.
1 ‐ The first credit release milestone is based on the potential credits stated in the approved mitigation plan.
4/12/2024
4/12/2024