HomeMy WebLinkAboutWPO201700052 Agreement - Nutrient Credits 2019-10-01A
VIR-G-MA
NUTRIENT BANK
P.O. Box 142 Penn Laird, VA 22846 • (540) 908-1679 • www.Vir2iniaNutrientBank.com
EXHIBIT A - BILL OF SALE
Bill of Sale, made as of the l� day of October, 2019, by Virginia Nutrient Bank, LLC, a Virginia
Limited Liability Company ("Seller"), to Dunlora Investments, LLC, a Virginia Limited Liability
Company ("Purchaser").
Whereas, the Seller and Purchaser have entered into an Agreement for Purchase and Sale of Nutrient
Offset Credits, dated as of September3g -, 2019 (the "Agreement"), the terms of which are incorporated
herein by reference and made a part hereof), with respect to the sale by Seller and purchase by Purchaser
of Nutrient Credits held by the Seller's Upper James Nutrient Bank in Nelson County, Virginia within the
James River watershed (HUC: 02080203).
Now Therefore, for and in consideration of the payment of the purchase price (as defined in the
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, 5.52 Nutrient Credits out of the Upper James Nutrient Bank as such are described
in the Agreement.
To Have and To Hold all such Nutrient Credits hereby sold and transferred to Purchaser and its
successors and assigns forever for use in connection with Purchaser's Dunlora Overlook VSMP
Amendment #3 WPO-2017-00052 (Amendment #3 WPO-2016-00058) project located in Albemarle
County, VA.
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.
Virginia Nutrient C
By:
Name: NatharvAVAlackwell
Title: Manager
Acquirer: Dunlora Investments, LLC
Project: Dunlora Overlook VSMP Amendment #3 WPO-2017-00052 (Amendment #3 to WPO
2016-00058) Albemarle County (HUC:02080204)
Tax Map#: TMP #06100nn nn 1500 0 610 0 - 0 0 - 0 0 -16 5 0 0
Permittee: Dunlora Investments, LLC
455 2nd Street SE, Suite 201
Charlottesville, VA 22902
Permit #: VAR10J178
Nutrient Bank: Upper James - James - 050 (HUC:02080203)
Phosphorus Offsets: 5.52 pounds
Nitrogen Offsets: 19.90 pounds
VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS, AND LOCALITIES
HELPING CLEAN THE CHESAPEAKE BAY ONE SITE AT A TIME
A
VIR-G-MA
NUTRIENT BANK
P.O. Box 142 Penn Laird, VA 22846 • (540) 908-1679 • www.Viry_iniaNutrientBank.com
EXHIBIT B - AFFIDAVIT OF NUTRIENT OFFSET SALE
Virginia Nutrient Bank, (the "Seller"), hereby certifies the following:
1. Pursuant to that certain "Agreement for Purchase and Sale of Nonpoint Nutrient Offset Credits" dated
September 3c-', 2019 (the "Agreement"), the terms of which are incorporated herein by reference and
made a part of hereof) between the Seller and Dunlora Investments, LLC ("Purchaser"), the Seller, for the
benefit of the Purchaser, agreed to sell 5.52 pounds of phosphorus offsets and retire 19.90 pounds of
nitrogen offsets (representing the ratio of nitrogen offsets to the phosphorous offsets at the offset
generating facility) to Purchaser;
2. The Seller and the Purchaser, as of the date hereof, have closed the transaction
contemplated by the Agreement and the Seller has sold to Purchaser 5.52 pounds of phosphorus offsets
and retired 19.90 pounds of nitrogen offsets (representing the ratio of nitrogen offsets to the phosphorous
offsets at the offset generating facility).
WITNESS the following signature:
Virginia Nutrie C
By:
Name: Nat n . Blackwell
Title: Man ger `,// r/� � a
Date: y
sr
Sworn to and subscribed before me this 1 day of Q c—kt:� , 20 II by
Nathan W. Blackwell, P.E., Manager, on behalf of Virginia Nutrient Bank, LLC.
My commission expires:
kL
Notary Publi
Acquirer: Dunlora Investments, LLC
Project: Dunlora Overlook VSMP Amendment #3 WPO-2017-00052 (Amendment #3 to WPO
2016-00058)Albemarle County (HUC:02080204)
Tax Map#: TMP 06100-00-00-16500
Permittee: Dunlora Investments, LLC 0aNNUNNrq
455 2nd Street SE, Suite 201 �,�``�NME 4, �'yi,
Charlottesville, VA 22902 `�� : .p...........
Permit #: VAR10J178�:'
Nutrient Bank: Upper James — James — 050 (HUC:02080203)
Phosphorus Offsets: 5.52 pounds
Nitrogen Offsets: 19.90 pounds
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VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS, AND LOCALITIES
HELPING CLEAN THE CHESAPEAKE BAY ONE SITE AT A TIME