Dugout SAW 2018-01883 MY1 Credit Release Schedule

Project Name:
Sponsor Name:
USACE Action ID:
NCDWQ Action ID:
Non‐Forested 
Wetland Credits
Warm Water Cool Water Cold 
Water
Riparian 
Preservation
Riparian
Non‐
Preservation
Non‐Riparian Coastal
6534.133 0.172 6.183
6534.133 0.172 6.141
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% 980.120 15%1.1 15%9/30/2021 9/30/2021
2 (Year 0/As‐Built)15% 980.120 15% 0.921 15%6/14/2023 7/18/2023
3 (Year 1 Monitoring)10% 653.413 10% 0.614 10%6/24/2024
4 (Year 2 Monitoring)10% 653.413 10% 0.614 15%
5 (Year 3 Monitoring)10% 653.413 15% 0.921 20%
6 (Year 4 Monitoring)5% 326.707 5% 0.307 10%
7 (Year 5 Monitoring)10% 653.413 15% 0.921 15%
8 (Year 6 Monitoring)5% 326.707 5% 0.307 NA NA
9 (Year 7 Monitoring)10% 653.413 10% 0.608 NA NA
Stream Bankfull Standard3 10% 653.413 NA NA NA NA NA NA Varies4
Total Credits Release to Date 2613.653 2.635
Date
Cumberland
3030005
2023
3/26/2024
County:
8‐Digit HUC:
Year Project Instituted:
Date Prepared:
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
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.
Contingencies (if any): Wetland credits reduced by 0.042 WMU between Mitigation Plan and As‐built after IRT requested swales be removed from wetland credit areas.
Signature of Wilmington District Official Approving Credit Release
Dugout Stream and Wetland Mitigation Project
EBX
SAW‐2018‐01883
DWR # 20181442
Potential Credits from Mitigation Plan
Forested Wetland Credits
Total Potential Credits 
Projected 
Release Date
Actual Release 
Date
5/3/2024
5/3/2024