HomeMy WebLinkAboutWPO202000034 Agreement - Nutrient Credits 2020-11-05Exhibit A - Bill of Sale
NL"rRILNT CREDIT BILL, OF SALE
Nonpoint Nun ient Offset Credits
BILL OF SALE, made as of _5+4), day of s[, 2020 by OSTRYA
CONSERVATION, INC ("Seller") and New Belvedere, Inc. ("Purchaser").
WHEREAS, Seller and Purchaser have entered into that certain ,Agreement for Purchase
and Sale of Nutrients Mitigation Credits, dated as of " rd clay of November, 2020 (the "Purchase
Agreement", dze 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 Compensatory Nutrient
Mitigation Credits held in Seller's Nonpoint NrnriClIt Offset Bank in Buckingham County,
Virginia.
NOW THEREFORE, for and in consideration of the p.tyment of the Purchase Pricy (as
defined in the Purchase Agreement) and other good and valuable consideration, the receipt and
sufficiency of which arc hereby acknowledged, Seller hereby sells, tranfers, assigns, conveys,
delivers and sets over to Purchaser, its successors and assigns, Nutrient Credits (consisting of
9.68 pounds of nonpoint source phosphorus credits and the retirement of the associated ratio of
nonpoint source nitrogen credits in the amount of 3 ,4-0 pounds) as such are described in (lie
Purchase Agreement,
TO HAVE AND TO HOLD all such Nutrient Credits hereby .sold and transferred to
Purchaser and its successors and assigns forever.
IN WITNESS WHEREOF, Seller has caused this Bill of Saic to be executed by !IS duly
authorized representative as of the date first above written.
OSTRYA CONSERVATION, INC.
a Virginia Corporation
Its:
Purchasers New Belvedere. Inc.
Project Name: Belvcdcre Phase 5-(WPO-2020-0003�U
Phosphmrous Offsets: 9 08 pnnetlS
Associated Nitrogen Offsets: 32 h0 ooundk
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Exhibit 13 - Affidavit
Ostrya Conservation, Inc. - Slate River Nutrient Bank
Affidavit of Phosphorus Offset Sate
OSTRYA CONSERVATION, INC., a Virginia corporation (the "Company"), hereby certifies
the t011owlll€:
Pursuant to that certain Agreement for the Purchase and Sale of Nonpoint Nutrient Offset
Credits dated 3r_d�Vovett mr 2020 (the "Agreement"), between the Company (as "Seller")
and New Belvedere, Inc. ("Purchaser"), the Company, for the benefit of the Purchaser,
agreed to sell 9.68 pounds of phosphorus offset credits to the Purchaser and retire 3240
pounds of nitrogen offsets (representing the ratio of nitrogen offsets to the phosphorous
offsets at the offset generating facility);
The Company and the Purchaser, as of the date hereof, have closed the transaction
contemplated by the Agreement and the Company has sold, assigned, and conveyed to
Purchaser phosphorus offset credits.
Wil'NL SS the following signature:
OS'l RYA CO NSI:RVATION. INC.,
a Virginia corporation
I)irectro-rt
_-
Sworn found subscribed before me this __CC1 day of / h / - , 2020, by James
M. i atoii. Director. on befh,Alof Ostrya Conservation Inc.. a Virginia eorp in.
Mc commission expires:Ur�,_3fl�ce�3_ 'votary Public--
LOTRINAE OSf AE DOUGLAt
Put -chaser; Aesc nalvederq,�ln_. NOTARY PUBLIC
Project Name: llci'vduI Ph im' , tlt'P0 °0'tl 4P)U_I1 REG. #7810838
Phosphorous Offsets: 4.68 oiind COMMONWEALTH OF VIRGINIA
MY COMMISSION EXPIRES JUNE 30. 2023
Associated Nitrogen Offsets: 2 !0 pguni
'Pax Neap and 11111cete . 06200 0u-00-oly)thl uu.^._A_-0�� UO-t}ylljU-d6luu-6,tt�lU IoiYl27, t}t��(u-O6-a?-QOtiIiQ
Ub g0-6G-QU- l .�tift
Project t-I1 C:: 0208 )2Q 1
Bank sponsor [it ( 020 02031
pa"c 9 of 10