HomeMy WebLinkAboutWPO201900043 Agreement - Nutrient Credits 2020-03-20Chesapeake Bay Nutrient Land Trust, LLC
5735 S. Laburnum Ave.
Richmond, Virginia 23231
Exhibit A
CHESAPEAKE BAY NUTRIENT LAND TRUST, LLC — OAK GROVE
AFFIDAVIT OF PHOSPHORUS CREDIT SALE
CHESAPEAKE BAY NUTRIENT LAND TRUST, LLC, a Virginia limited liability
company (the "Company"), hereby certifies the following:
1. Pursuant to that certain Purchase and Sale Agreement dated March 5, 2020 (the
"Agreement'), between the Company (as Seller) and AutoZone Development, LLC
("Purchaser"), the Company, for the benefit of the Purchaser, agreed to sell 0.54 pounds of
nonpoint source phosphorus Credits to Purchaser and retire the associated ratio of nonpoint
source nitrogen Credits at the credit generating facility in the amount of 0.96 pounds of
nitrogen Credits;
2. The Company and the Purchaser, as of the date hereof, have closed the transaction
contemplated by the Agreement and the Company has sold to Purchaser the phosphorus
Credits.
WITNESS the following signature:
CHESAPEAKE BAY NUTRIENT LAND TRUST, LLC,
a Virginia li ited jiabilit�mpany
Manager
I is I i Mal M, FEW* �-i F =1�
Sworn to and subscribed before me this Lo day of YhAR cN - 2020, by
xxa, - L f—IJ Manager, on behalf of Chesapeake Bay Nutrient
Land Trust, LLC, a Virginia limited liability company.
My commission expires: A 4,too .3; L, z City/County of: h.-t rl 60
Notary Public
Project Description: AUTOZONE- WPO-2019-00043
Project Tax Map Parcel ID: 061W0-01-0A-00300
Permittee: AutoZone Development. LLC
Project 8-Digit HUC: 02080204
Oak Grove 8-Digit HUC: 92080203
Phosphorus Credits: 0.54 pounds
Associated Nitrogen Credits: 0_% pounds
SCOTT A. REED
NOTARY PUBLIC
REGISTRATION ?3W637
COMMONWEALTH OF VIRGINIA
COMMISSION EXPVRES MARCH 31, 2021
Chesapeake Bay Nutrient Land Treat. LLC
Oak Grove 7 3/20/2020
Purchase and Sate Agreement
Chesapeake Bay Nutrient Land Trust, LLC
5735 S. Laburnum Aw.
Richmond, Virginia 23231
Exhibit B
CHESAPEAKE BAY NUTRIENT LAND TRUST, LLC — OAK GROVE
BILL OF SALE
BILL OF SALE, made as of March 20, 2020, by CHESAPEAKE BAY
NUTRIENT LAND TRUST, LLC, a Virginia limited liability company ("Seller"),
AutoZone Development, LLC ("Purchaser").
WHEREAS, Seller and Purchaser have entered into that certain Purchase and Sale
Agreement as of March 5, 2020 (the "Agreement'), with respect to the sale by the Seller and
purchase by the Purchaser of nonpoint source phosphorus Credits generated within the Oak
Grove Property in Appomattox County, Virginia.
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, 0.54 pounds of
phosphorus Credits and retires 0.96 pounds of nitrogen Credits associated with the
phosphorous Credits generated at the Oak Grove Property as such are described in the
Agreement.
TO HAVE AND TO HOLD all such phosphorus Credits hereby sold and transferred
to Buyer 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.
CHESAPEAKE BAY NUTRIENT LAND TRUST, LLC,
a Virginia Limited Liability Company
By: -t 11LP
g
Mana er
Chesapeake Bay Nutrient Land Trust, LLC
Oak Grove 8 3/'20/2020
Purchase and Sale Agreement