HomeMy WebLinkAboutWPO201800092 Agreement - Nutrient Credits 2020-08-252FVIRGINIA
NUTRIENT BANK
P.O. Box 142 Penn Laird, VA 22846 • (540) 908-1679 - www.VirginiaNutrientBank.com
EXHIBrr A — BILL OF SALE
Bill of Sale, made as of the 2 g4kday of August. 2020, by Virginia Nutrient Bank, LLC, a Virginia
Limited Liability Company ("Seller"), to Daily South Investments, 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 August ?P. 2020 (the "Agreement"), the terms of which are incorporated
herein by reference and made a part hereoi), 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, 5.24 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 Foothill Crossing Phase V —
VSMP Plan (WPO201800092). This project is located in HUC:02080204.
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 rent Bank, LC
Bir 4,
Name: Mthan W. Blackwell
Title: Manager
Acquirer: Stanley Martin Companies, LLC
11710 Plaza America Drive Suite 1100
Reston, VA 20190
Project: Foothill Crossing Phase V — VSMP Plan (WP0201800092) HUC:02080204
TM/PIN#: 05600-00-00-057133
Permittee: Daily South Investments, LLC
455 Second St SE 5' Floor
Charlottesville, VA 22902
VSMP #:
Nutrient Bank: Upper James — James — 050 (HUC:02080203)
Phosphorus Offsets: 5.24 pounds
Nitrogen Offsets: 18.89 pounds
VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS. AND LOCALITIES
HELPING CLEAN THE CHESAPEAKE BAY ONE SITE AT A TIME
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�VIRGINIA
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
August 2° , 2020 (the "Agreement"), the terms of which are incorporated herein by reference and made
a part of hereof) between the Seller and Daily South Investments, LLC ("Purchaser"), the Seller, for the
benefit of the Purchaser, agreed to sell 5.24 pounds of phosphorus offsets and retire 18_89 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 5.24 pounds of phosphorus offsets
and retired 18.89 pounds of nitrogen offsets (representing the ratio of nitrogen offsets to the phosphorous
offsets at the offset generating facility).
WITNESS the following signature:
Virginia N t nJc, L,C
By: t,
Name: Nat an W. Blackwell
Title: Manager �//
Date: 1f 'Ay/XAO �0?,�
Sworn
day of
Nathan tW. Blackwell, P.Eo and subscribed ef Managerore me l,ton� f of Virginia Ni tr en Bank, LLQ by ♦ �qV� o HIY*
M&ls=:
REGISTRATION M:
350811
Notary Pu rc M c0 M. xp. +
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Acquirer: Stanley Martin Companies, LLC 0-*4; OT ;nR6�'♦♦
11710 Plaza America Drive Suite 1100 ��118111111
Reston, VA 20190
Project: Foothill Crossing Phase V — VSMP Plan (WPO201800092) HUC:02080204
TM/PIN#: 05600-00-00-057B3
Permittee: Daily South Investments, LLC
455 Second St SE 51 Floor
Charlottesville, VA 22902
VSMP #:
Nutrient Bank: Upper James — James — 050 (HUC:02080203) -
Phosphorus Offsets: 5.24 pounds
Nitrogen Offsets: 18.89 pounds
VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS, AND LOCALITIES
HELPING CLEAN THE CHESAPEAKE BAY ONE SITE AT A TIME