HomeMy WebLinkAboutWPO201900014 Agreement - Nutrient Credits 2019-06-10BILL OF SALE
Nonpoint Nutrient Offset Credits
BILL OF SALE, made as of UR,6, ID 2019, by HOTEL STREET CAPITAL,
L.L.C., a Virginia limited liability company ("Seller"), Tobias A. & Lynn Dengel Trust,
("Purchaser").
WHEREAS, Seller and Purchaser have entered into that certain Agreement for Purchase
and Sale of Nutrients Mitigation Credits, dated as of June 3, 2019, (the "Purchase Agreement", the
terms of which are incorporated herein by reference and made part hereof), with respect to the sale
by Seller and purchase by Purchaser of Compensatory Nutrients Mitigation Credits held in Seller's
Nonpoint Offset Bank in Fluvanna County, Virginia (HUC 02080204).
NOW THEREFORE, for and in consideration of the payment of the Purchase Price (as
defined in the Purchase Agreement) and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Seller hereby sells, transfers, assigns, conveys,
delivers and sets over to Purchaser, its successors and assigns, 1.42 Nutrient Credits ("Credits") as
such are described in the Purchase Agreement.
TO HAVE AND TO HOLD all such Nutrient Credits hereby sold and transferred to
Purchaser and its successors and assigns forever.
IN WITNESS WHEREOF, Seller has caused this Bill of Sale to be executed by its duly
authorized representative as of the date first above written.
HOTEL STREET CAPITAL, L.L.C.
a Virginia limited liability company
by Grayson Lo Company, LLC, its
manager
James Ross II
Its:
Project: VSMP Plan for Foothill Farm
Application; WPO-2019-00014
Project Location: 753 Rocky Hollow Road, Albemarle County, Virginia
Project Tax ID Number: TMP's: TM 62, Parcel 71
Permit#:
Permitee: Tobias A. & Lynn Dengel Trust.
Phosphorous Offsets: 1.42 pounds
Project HUC: 02080204 Bank HUC: 02080204
AFFIDAVIT OF PHOSPHOROUS OFFSET SALE
HOTEL STREET CAPITAL, L.L.C., a Virginia limited liability company ("Seller"), hereby
certifies the following:
1. Pursuant to that certain Agreement for Purchase and Sale of Nutrients Mitigation Credits,
dated a of June 4, 2019 (the "Purchase Agreement"), the Terms of which are incorporated
herein by reference and made a part hereof between Seller and Tobias A. & Lynn Dengel
Trust, ("Purchaser"), for the benefit of the Purchaser, Seller agreed to sell 1.42 pounds of
nonpoint source phosphorus offsets (the Nutrient Credits) to Purchaser and retire the associated
ratio of nonpoint source nitrogen offsets at the offset generating facility in the amount of 6.49
pounds of nitrogen offsets relating to the Project known as VSMP Plan for Foothill Farm located
at 753 Rocky Hollow Road, Albemarle County, Virginia, having Albemarle County Tax ID
Number of TMP's: TM 62, Parcel 71. Seller and Purchaser, as of the date hereof, have closed the
transaction contemplated by the Agreement and the Seller has sold to Purchaser the phosphorous
offsets.
WITNESS the following signature:
HOTEL STREET CAPITAL, L.L.C.
a Virginia limitity company
By: GRAYS XE & COMPANY, LLC, Manager
Date: 6 I Ib f A By:
Member
STATE OF VIRGINIA
COUNTY OF FAUQUIER:
Sworn and subscribed before me thiS�O day of WrLQ 2019, by Thomas James
Ross II, Managing Member of Grayson Love & Company, LLC, Manager of HOTEL STREET
CAPITAL, L.L.C., a Virginia limited liability company,.
Notary P KELLY LYNN ESTEPPE
My Commission expires: Q NOTARY PUBLIC
REG.#7511805
COMMONWEALTH OF VI?^-INIA
Project: VSMP Plan for Foothill Farm
" ^ MY CO MI ION EXPIRES
Application; WPO-2019-00014
Project Location: 753 Rocky Hollow Road, Albemarle County, Virginia
Project Tax ID Number: TMP's: TM 62, Parcel 71
Permit#:
Permitee: Tobias A. & Lynn Dengel Trust.
Phosphorous Offsets: 1.42 pounds Nitrogen Offset: 6.49 pounds
Project HUC: 02080204 Bank HUC: 02080204
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