HomeMy WebLinkAboutWPO201800082 Agreement - Nutrient Credits 2020-01-16AFFIDAVIT 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 as of January, 2020 (the "Purchase Agreement"), the Terms of which are
incorporated herein by reference and made a part hereof) between Seller and Woodlands Farm,
LLC, a Virginia limited liability company ("Purchaser")for the benefit of the Purchaser, Seller
agreed to sell .66 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 3.02 pounds of nitrogen offsets relating to the Project
known as Woodlands Farm WP0201800082, County of Albemarle, Virginia having a Tax ID
Number of Tax Map 04400-00-00-00100.
2. 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 STRE APITAL, L.L.C.
a Virginia ' ited liability company
By: G OlY%LOVE &COMPANY, LLC, Manager
Date:
Managing Member
STATE OF VIRGINIA
COUNTY OF FAUQUIER:
Sworn and subscribed before me this day of , 2020, by Thomas James
Ross II, Managing Member of Grayson Love & Company, LLC, Vnager of HOTEL STREET
CAPITAL, L.L.C., a Virginia limited liability company. n
Notary P,1
My Commission expires: + I 1z
Project Name: Woodlands Farm WP0201800082
Location:
Tax Map/Parcel:
Owner:
Credit Amount:
Project HUC:
Application:
Location:
1110 Woodlands Road
Charlottesville, VA 22901
Tax Map 44, Parcel 1
Woodlands Farm, LLC
3020 Waverly Drive
Charlottesville, Va. 22901
.66 lbs.
02080204; Bank HUC 02080204
VSMP/WP0201800082
County of Albemarle
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BILL OF SALE
Nonpoint Nutrient Offset Credits
BILL OF SALE, made as of , 2020, by Hotel Street Capital, L.L.C., a
Virginia Limited liability company ("Seller") d Woodlands Farm, LLC, a Virginia limited
liability company ("Purchaser").
WHEREAS, Seller and Purchaser have entered into that certain Agreement for Purchase
and Sale of Nutrients Mitigation Credits, dated as of January ( S , 2020, (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, .66 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 ITAL, L.L.C.
a Virginia li d liability company
by Grays Love & Company, LLC, its
mana r
N
Its: l
Project Name:
Woodlands Farm WP020180008.2
Location:
1110 Woodlands Road
Charlottesville, VA 22901
Tax Map/Parcel:
Tax Map 04400-00-00-00100
Owner:
Woodlands Farm, LLC
3020 Waverly Drive
Charlottesville, Va. 22901
Credit Amount:
.66 lbs.
Project HUC:
02080204; Bank HUC 02080204
Application:
VSMP/WP0201800082
Location:
County of Albemarle
James Ross II