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61 550 FW 3 Exhibit 1 Page 3 of 4 Setvicx for the 130 acsrs on South Tongue point, The remaining 950 act+es would be managed under along-term cooperative agreement between the Division and the Service. (2) Development of the multi-tenant marine industrial site would occur is two phas~t. Phase 1 would involve site iafrastrucxurb developments and oonstrucboa of marine industrial factiities. Construction would begin is 1994 and occur at a rate supported by marlost conditions. Alternative B comprises ttie same two elements as Alterative A with the addition, in Phase ; . 2, of a road connecting South Tongue Point to North Tongue Point Gonstrlu~on of the , connecting road would be dependent upon the need for additional land m support marine industrial development and increased port activities at North Tongue Point. ~ . With the No Action Alternative, South Tongue Point would remain in its presmt undeveloped condition except four the existing Corps Field Station. These would be no land exchange. The No Action Alternative would not have dirax adverse impacts to the physical and biological environment. However, the No Action Alternative would not have direct economic benefits from job creation and tax ravraues: DECLSION The Service's decision is to implement the Preferrod ~ Alternative A, as it is described in the Final EI5 for the South Tongue Point Land ~ and Maane Industrial Development Project. This decison is based- oa a thorough review of the alternatives and their environmental consequeacxs. A Record of Decision will be produced by the Corps. The responsible officials az the Corps will adopt the Final IIS as part of the permit process required by Section 4U4 of the Clean Water Act. A Record of Decision will be produced by GSA. The responsible officials az GSA will adopt the EIS in order to comply with National Envimanie~l Policy Act requirements for the disposal and exchange of Federal properties. RATIONALE FOR DECISION The Preferred Alternative has been selected for implementation based on consideration of a number of environmental and social factors. Alternative A has been seiecxed as the prefetied alternative because: 1) the land exchange provides the most durable means for protecting wildlife habitats and enhancing wildlife populations; 2) the development component avoids 03/29/96 FWM 248 New ENVIRONMENTAL QUALITY