HomeMy WebLinkAboutWPO201900066 Agreement - Nutrient Credits 2020-05-05VIRGNIA
NUTRIENT BANK
P.O. Box 142 Penn Laird, VA 22846 • (540) 908-1679 • www.Virp-iniaNutrientBank.com
EXHIBIT A - BH,L OF SALE
Bill of Sale, made as of the 151'- day of May, 2020, by Virginia Nutrient Bank, LLC, a Virginia Limited
Liability Company ("Seller"), to 2246-2248 Ivy Road, 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 May 6"-, 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, 0.85 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 Beaver Creek Medical
Office Building in Albemarle County. This project is located in HUC:02080204. The permit number is
WPO-2019-00066.
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 Nu tri �LLCJ
By: ;i-�
Name: Nat a . Blackwell
Title: Manager
Acquirer: 2246-2248 Ivy Road, LLC
Project: Beaver Creek Medical Office Building - WPO-2019-00066
TM/PIN#: 06000-00-00-03800
Permittee: 2246-2248 Ivy Road, LLC
250 West Main St, Suite 201
Charlottesville, VA 22902
VSMP #:
Nutrient Bank: Upper James - James - 050 (HUC:02080203)
Phosphorus Offsets: 0.85 pounds
Nitrogen Offsets: 3.06 pounds
VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS, AND LOCALITIES
HELPING CLEAN THE CHESAPEAKE BAY ONE SITE AT A TIME
VIRGIl�TIA
NUTRIENT BANK
P.O. Box 142 Penn Laird, VA 22846 • (540) 908-1679 • www.VirjZiniaNutrientBank.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
May Ste, 2020 (the "Agreement"), the terms of which are incorporated herein by reference and made a
part of hereof) between the Seller and 2246-2248 Ivy Road, LLC ("Purchaser"), the Seller, for the benefit
of the Purchaser, agreed to sell 0.85 pounds of phosphorus offsets and retire 3.06 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 0.85 pounds of phosphorus offsets
and retired 3.06 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 �,E
C
By:
Name: Natha . Blackwell
Title: Manager
Date:
Sworn to and subscribed before me this 5111- day of , 20,2Vby
Nathan W. Blackwell, P.E., Manager, on behalf of Virginia Nutrient Bank, LLC.
My com is on a pires: / ( 36
NotaryPublic
Acquirer:
2246-2248 Ivy Road, LLC
Project:
Beaver Creek Medical Office Building - WPO-2019-00066
TM/PIN#:
06000-00-00-03800
Permittee:
2246-2248 Ivy Road, LLC
250 West Main St, Suite 201
Charlottesville, VA 22902
VSMP #:
Nutrient Bank:
Upper James — James — 050 (HUC:02080203)
Phosphorus Offsets: 0.85 pounds
Nitrogen Offsets: 3.06 pounds
VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS, AND LOCALITIES
HELPING CLEAN THE CHESAPEAKE BAY ONE SITE AT A TIME