HomeMy WebLinkAboutWPO201800027 Agreement - Nutrient Credits 2020-05-15A
VIRGINIA
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 / 67`�- day of May, 2020, by Virginia Nutrient Bank, LLC, a Virginia Limited
Liability Company ("Seller"), to Presidio Pantops, LLC ("Purchaser).
Whereas, the Seller and Purchaser have entered into an Agreement for Purchase and Sale of Nutrient
Offset Credits, dated as of May (vim: 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, 6.24 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 Martha Jefferson Hospital
Apartments in Albemarle County. This project is located in HUC:02080204. The permit number is
WP0201800027.
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 7N/� an , LLC��
By:
Name: AatlA W. Blackwell
Title: Manager
Acquirer: Presidio Pantops, LLC
Project: Martha Jefferson Hospital Apartments — WP0201800027
Albemarle County (HUC:02080204)
TM/PIN#: 07800-00-00-020M6
Permittee: Presidio Pantops, LLC
455 2°d Street SE, Suite 201
Charlottesville, VA 22902
VSMP #:
Nutrient Bank: Upper James — James — 050 (HUC:02080203)
Phosphorus Offsets: 6.24 pounds
Nitrogen Offsets: 22.49 pounds
VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS, AND LOCALITIES
HELPING CLEAN THE CHESAPEAKE BAY ONE SITE AT A TIME
VIRGMA
NUTRIENT BANK
P.O. Box 142 Penn Laird, VA 22846 • (540) 908-1679 • www.VirainiaNuirientBank.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 (nrtL, 2020 (the "Agreement"), the terms of which are incorporated herein by reference and made a
part of hereof) between the Seller and Presidio Pantops, LLC ("Purchaser"), the Seller, for the benefit of
the Purchaser, agreed to sell 6.24 pounds of phosphorus offsets and retire 22.49 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 6.24 pounds of phosphorus offsets
and retired 22.49 pounds of nitrogen offsets (representing the ratio of nitrogen offsets to the phosphorous
offsets at the offset generating facility).
WITNESS the following signature:
Virginia Nut rie a „LLC`/
By:
Name: Na an . Blackwell
Title: Manager
Date: 5/15/20
Sworn to and subscribed before me this (ate day of , 20� by
Nathan W. Blackwell, P.E., Manager, on behalf of Virginia Nutrient Bank, LLC.
My Commission expires: I✓► 3o ' aaal
Notary Public �—
Acquirer: Presidio Pantops, LLC
Project: Martha Jefferson Hospital Apartments — WP0201800027
Albemarle County (HUC.02080204)
TM/PIN#: 07800-00-00-020M6
Permittee: Presidio Pantops, LLC
455 2°d Street SE, Suite 201
Charlottesville, VA 22902
VSMP #:
Nutrient Bank: Upper James — James — 050 (HUC:02080203)
Phosphorus Offsets: 6.24 pounds
Nitrogen Offsets: 22.49 pounds
R NP AB�9'��''
� fi2f"R:1G1Glf ' �
VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS, AND LOCALITIES
HELPING CLEAN THE CHESAPEAKE BAY ONE SITE AT A TIME