Daniels Creek MY3 Credit Release Schedule

Project Name:
Sponsor Name:
USACE Action ID:
NCDWR Action ID:
Non‐Forested 
Wetland 
Credits
Warm Water Cool 
Water
Cold 
Water
Riparian 
Riverine
Riparian
Non‐Riverine Non‐Riparian Coastal
12,280.0 N/A N/A 13.923 N/A 0.392 N/A
12,024.0 N/A N/A 13.923 N/A 0.392 N/A
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% 1,842.0 N/A N/A 15% 2.080 N/A 0.059 15% N/A 11/19/2019
2 (Year 0/As‐Built)3 15% 1,765.2 N/A N/A 15% 2.097 N/A 0.059 15% N/A 8/30/2021
3 (Year 1 Monitoring)10% 986.0 N/A N/A 10%N/A 10% N/A
4/13/2022
2/1/2023
4 (Year 2 Monitoring)10% 1,418.8 N/A N/A 10% 2.784 N/A 0.078 15% N/A 2/1/2023
5 (Year 3 Monitoring)10% 1,202.4 N/A N/A 15%N/A 20% N/A
6 (Year 4 Monitoring)5% 601.2 N/A N/A 5% 0.696 N/A 0.020 10% N/A February 2025
7 (Year 5 Monitoring)10% 1,202.4 N/A N/A 15% 2.089 N/A 0.059 15% N/A February 2026
8 (Year 6 Monitoring)5% 601.2 N/A N/A 5% 0.696 N/A 0.020 N/A N/A February 2027
9 (Year 7 Monitoring)10% 1,202.4 N/A N/A 10% 1.393 N/A 0.038 N/A N/A February 2028
Stream Bankfull Standard4 10% 1,202.4 N/A N/A N/A N/A N/A N/A N/A N/A Varies4
Total Credits Release to Date 60% 7,214.4 50%6.961 0.196
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): Multiple groundwater gauges are not meeting success. Wildlands is proposing new wetland areas. Wetland credits are being held until an IRT site visit can be completed. 
Signature of Wilmington District Official Approving Credit Release
Daniels Creek Mitigation Site (Middle Cape Fear UMBI)
Wildlands Holdings IV, LLC
2017‐00998
2017‐1605
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
Harnett
03030004
2019
1/2/2024
County:
8‐Digit HUC:
Year Project Instituted:
Date Prepared:
4/19/2024
April 19, 2004