Credit Release Schedule_Twiman_MY4.pdf

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
5,848.000
5,812.067
Scheduled
Releases
Warm
Water Base SMUs WQ SMUs
Scheduled
Releases
Riparian
Riverine
Riparian
Non-Riverine Non-Riparian Scheduled
Releases Coastal
1 (Bank/Site Establishment)1, 2 15%877.200 12/31/2019 12/27/2019
2 (Year 0/As-Built)3 15%866.420 12/31/2020 12/30/2020
3 (Year 1 Monitoring)10%581.207 12/15/2021 1/14/2022
4 (Year 2 Monitoring)10%581.207 12/31/2022 12/22/2022
5 (Year 3 Monitoring)10%581.207 12/31/2023 11/7/2023
6 (Year 4 Monitoring)5%290.603 10/21/2024
7 (Year 5 Monitoring)10%581.207
8 (Year 6 Monitoring)5%290.603
9 (Year 7 Monitoring)10%581.207
Stream Bankfull Standard4 10%581.207 10/21/2024
Total Credits Release to Date 4359.050
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): The site was built to design plans and guidelines barring a few deviations, including an easement change and stream structure changes. The easement change was a result of an easement
area decrease by the pond adjacent to TC5.
Signature of Wilmington District Official Approving Credit Release
Twiman Stream Mitigation Project
EBX
SAW-2017-01467
20171294v1
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
Yadkin
3040101
2020
9/6/2024
County:
8-Digit HUC:
Year Project Instituted:
Date Prepared:
75%
10/25/2024
10/25/2024
10/25/2024