HomeMy WebLinkAboutWPO202000037 Agreement - Nutrient Credits 2021-02-05190%
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NUTRIENT BANK
P.O. Box 142 Penn Laird, VA 22846 • (540) 908-1679 • www.VirpiiiiaNutrientBank.com
EXHIBIT A — BILL OF SALE
Bill of Sale, made as of the sue' day of February. 2021, by Virginia Nutrient Bank, LLC, a Virginia
Limited Liability Company ("Seller"), to Galaxie Farm Investments, LLC ("Purchaser).
Whereas, the Seller and Purchaser have,,ntered into an Agreement for Purchase and Sale of Nutrient
Offset Credits, dated as of February 3 2021 (the "Agreement"), the terms of which are incorporated
1 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, 5.59 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 Galaxie Farm Subdivision
(WPO 2020-00037) located in Albemarle County. This project is located in HUC:02080204.
In Witness Whereof, Seller has caused this Bill of Sale to he executed by its duly authorized
representative as of the date first above written.
Virginia Nutne tICISLC
By: C..
Name: Nat n . Blackwell
Title: Manager
Acquirer:
Galaxie Farm Investments, LLC
Project:
Galaxie Farm Subdivision (WPO 2020-00037) (HUC:02080204)
192 & 193 Galaxie Farm Lane
Charlottesville, VA 22902
TMIPIN#:
09100-00-00-00900,09100-00-00-01500
Permittee:
Galaxie Farm Investments, LLC
455 21 Street SE, Suite 201
Charlottesville, VA 22902
VSMP #:
Nutrient Bank:
Upper James —James — 050 (HUC:02080203)
Phosphorus Offsets: 5.59 pounds
Nitrogen Offsets: 20.15 pounds
VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS. AND LOCALITIES
HELPING CLEAN THE CHESAPF.AKE BAY ONE SITE AT A TIME
A-VIRGNIA
NUTRIENT BANK
P.O. Box 142 Penn Laird, VA 22846 - (540) 909-1679 • www.Virgini,,tNutrientBank.com
EXHIBIT B - AFFIDAVIT OF NUTRIENT OFFSET SALE
Virginia Nutrient Bank, (the "Seller"), hereby certifies the following:
1. Pursuant that certain "Agreement for Purchase and Sale of Nonpoint Nutrient Offset Credits" dated
February 3 2021 (the "Agreement'), the terms of which are incorporated herein by reference and
made a part of hereof) between the Seller and Galaxie Farm Investments LLC ("Purchaser"), the Seller,
for the benefit of the Purchaser, agreed to sell 5.59 pounds of phosphorus offsets and retire 20_15 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 5.59 pounds of phosphorus offsets
and retired 20_15 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 �C
By:
Name: Nalffia. Blackwell
Title: Manager
Date: f 2
Sworn to and subscribed before me this 5l'I day of (:�-v-j , 20LI by
Nathan W. Blackwell, P.E., Manager, on behalf of Virginia Nutrient 18ank, LLC.
My co sst n expires: 1 (% 1
f30 ,'as
T� YAK e
Notary Public
Acquirer:
Project:
TM/PIN#:
Permittee:
Galaxie Farm Investments, LLC
Galaxie Farm Subdivision (WPO 2020-00037) (HUC:02080204)
192 & 193 Galaxie Farm Lane
Charlottesville, VA 22902
09100-00-00-00900 09100-00-00-01500
Galaxie Farm Investments, LLC
455 2nd Street SE, Suite 201
a
Charlottesville, VA 22902
n
VSMP #:
Nutrient Bank: Upper lames — James — 050 (HUC:02080203)
Phosphorus Offsets: 5.59 pounds
Nitrogen Offsets: 20.15 pounds
VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS. AND LOCALITIES
HELPING CLEAN THE CHESAPE.AKE RAY ONE SIT AT A TIME