HomeMy WebLinkAboutWPO201900021 Agreement - Nutrient Credits 2020-01-02A^,
VIRGMA
NUTRIENT BANK
P.O. Box 142 Penn Laird, VA 22846 • (540) 908-1679 • www.Virp-iniaNutrientBank.com
EXHIBIT A — BILL OF SALE
Bill of Sale, made as of the Z`' day of January, 2020, by Virginia Nutrient Bank, LLC, a Virginia
Limited Liability Company ("Seller"), to University of Virginia Foundation ("Purchaser).
Whereas, the Seller and Purchaser have entered into an Agreement for Purchase and Sale of Nutrient
Offset Credits, dated as of January 21'4, 2020 (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, 0.27 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 project at UVA Research Park
Loop Road in Albemarle County located in HUC:02080204.
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 Nutr' afik, C
By:
Name: N i Blackwell
Title: Mana
Acquirer: University of Virginia Foundation
Project: UVA Research Park Loop Road (HUC:02080204)
Tax Map#: 03200-00-00-006R0, 03200-00-00-01800
Permittee: University of Virginia Foundation
P.O. Box 400218
Charlottesville, VA 22904
County Permit#:WPO-2019-00021
DEQ Permit#:
Nutrient Bank: Upper James — James — 050 (HUC:02080203)
Phosphorus Offsets: 0.27 pounds
Nitrogen Offsets: 0.97 pounds
VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS, AND LOCALITIES
HELPING CLEAN THE CHESAPEAKE BAY ONE SITE AT A TIME
VIRGINIA
NUTRIENT BANK
P.O. Box 142 Penn Laird, VA 22846 • (540) 908-1679 • www.VirginiaNutrientBank.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
January 2"° , 2020 (the "Agreement"), the terms of which are incorporated herein by reference and
made a part of hereof) between the Seller and University of Virginia Foundation ("Purchaser"), the Seller,
for the benefit of the Purchaser, agreed to sell 0.27 pounds of phosphorus offsets and retire 0.97 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 0.27 pounds of phosphorus offsets
and retired 0.97 pounds of nitrogen offsets (representing the ratio of nitrogen offsets to the phosphorous
offsets at the offset generating facility).
WITNESS the following signature:
Virginia Nutrien
C
By:
�-
Name: NathXY4U
Blackwell
Title: Manager
Date:
12/2 C?
Sworn to and subscribed before me this Z" day of �arwa� u�, 20_?-gby
Nathan W. Blackwell, P.E., Manager, on behalf of Virginia Nutrient Bank, LLC.
My co ission expires: A'w`\�
Notary Public
Acquirer: University of Virginia Foundation
Project: UVA Research Park Loop Road (HUC:02080204)
Tax Map#: 03200-00-00-006R0, 03200-00-00-01800
Permittee: University of Virginia Foundation
P.O. Box 400218
Charlottesville, VA 22904
County Permit#:WPO-2019-00021
DEQ Permit#:
Nutrient Bank: Upper James — James — 050 (HUC:02080203)
Phosphorus Offsets: 0.27 pounds
Nitrogen Offsets: 0.97 pounds
VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS, AND LOCALITIES
HELPING CLEAN THE CHESAPEAKE BAY ONE SITE AT A TIME