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HomeMy WebLinkAboutWPO201600062 Agreement - Nutrient Credits 2019-09-26A VIR-G-MA NUTRIENT BANK P.O. Box 142 Penn Laird, VA 22846 • (540) 908-1679 • www.VirryiniaNutrientBank.com EXHIBIT A - BILL OF SALE Bill of Sale, made as of the ZG/t.-day of September, 2019, by Virginia Nutrient Bank, LLC, a Virginia Limited Liability Company ("Seller"), to Neighborhood Investments - NP, 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 September 2 2019 (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, 1.14 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 . North Pointe Northwest Residential Area - WPO-2016-00062 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 t Be!, LL By: Name. Nathan W. Blackwell Title: Manager Acquirer: Neighborhood Investments - NP, LLC Project: ter fth Pointe Town oUSO-S North Pointe Northwest Residential Area - WPO-2016-00062 3891 Seminole Trail Charlottesville, VA 22911 Tax Map#: 03200-00-00-022KO Parcel: 0 3 2 0 0- 0 0- 0 0- 0 2 2 P 0 Permittee: Neighborhood Investments - NP, LLC 1025 Wertland Street Charlottesville, VA 22903 Permit#: WPO-2016-00062 Nutrient Bank: Upper James - James-050 (HUC:02080203) Phosphorus Offsets: 1.14 pounds Nitrogen Offsets: 4.11 pounds VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS, AND LOCALITIES HELPING CLEAN THE CHESAPEAKE BAY ONE SITE AT A TIME 21, VIR-G-MA NUTRIENT BANK P.O. Box 142 Penn Laird, VA 22846 . (540) 908-1679 • www.VirainiaNutrientBank.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 September afv019 (the "Agreement"), the terms of which are incorporated herein by reference and made a part of hereof) between the Seller and Neighborhood Investments - NP, LLC ("Purchaser"), the Seller, for the benefit of the Purchaser, agreed to sell 1.14 pounds of phosphorus offsets and retire 4.11 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 1.14 pounds of phosphorus offsets and retired 4.11 pounds of nitrogen offsets (representing the ratio of nitrogen offsets to the phosphorous offsets at the offset generating facility). WITNESS the following signature: Virginia Nu nk, LLC By: Name: Nat n W. Blackwell Title: Manager Date: 4/2���D%y Sworn to and subscribed before me this kK-day of �p 6--v-- , 2015 by Nathan W. Blackwell, P.E., Manager, on behalf of Virginia Nutrient Bank, LLC. My corpinission expires:i w{_ Notary Public I%NE Acquirer: Neighborhood Investments T` - NP, LLC �� 0. RY pU Project: North Pointe �'^' nho North Pointe Northwest ``�S • • el� C 3891 Seminole Trail Residential Area WPO-2016-00062 Charlottesville, VA 22911 Tax Map#: 03200-00-00-022KO Parcel: 03200-00-00-022P0 ....... Permittee: Neighborhood Investments - NP, LLC 7132 1025 Wertland Street '''•��ijALTH Charlottesville, VA 22903 Permit#: WPO-2016-00062 Nutrient Bank: Upper James - James-050 (HUC:02080203) Phosphorus Offsets: 1.14 pounds Nitrogen Offsets: 4.11 pounds VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS, AND LOCALITIES HELPING CLEAN THE CHESAPEAKE BAY ONE SITE AT A TIME