HomeMy WebLinkAboutRES_Dogtown_MY1_Credit Release Schedule_signedProject Name:
Sponsor Name:
USACE Action ID:
NCDWQ Action ID:
Non‐Forested
Wetland Credits
Warm
Water
Warm
Water Pres
Cool
Water Non‐Riparian Coastal
8,655.818 76.100
8,579.718
Scheduled
Releases
Warm
Water Cold Water WQ SMUs Scheduled
Releases Non‐Riparian Scheduled
Releases Coastal
1 (Bank/Site Establishment)1, 2 15% 1363.060 15%15%2/15/2021 2/12/2021
2 (Year 0/As‐Built)3 15% 1286.954 15%15%8/1/2023 9/27/2023
3 (Year 1 Monitoring)10% 857.972 10%10%5/1/2024
4 (Year 2 Monitoring)10% 857.972 10%15%
5 (Year 3 Monitoring)10% 857.972 15%20%
6 (Year 4 Monitoring)5% 428.986 5%10%
7 (Year 5 Monitoring)10% 857.972 15%15%
8 (Year 6 Monitoring)5% 428.986 5%
9 (Year 7 Monitoring)10% 857.972 10%
Stream Bankfull Standard 4 10% 857.972
Total Credits Release to Date 3507.986
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):
Signature of Wilmington District Official Approving Credit Release
Dogtown Mitigation Site
EBX
SAW‐2017‐00608
DWR # 2018‐1097v1
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
Riparian
Riparian
Catawba
03050101
2020
2/5/2024
County:
8‐Digit HUC:
Year Project Instituted:
Date Prepared:
Potential Credits from MP minus Preservation
5/20/2024
5/20/2024