HomeMy WebLinkAboutWPO202000030 Agreement - Nutrient Credits 2021-02-162FVIRGINIA
� =NUTRIENT BANK
P.O. Box 142 Penn Laird, VA 22846 • (540) 908-1679 • www.VirginiuNutrientBaiik.com
EXHIBIT A — BILL OF SALE
Bill of Sale, made as of the —!Se��7day of February, 2021, by Virginia Nutrient Bank, LLC, a Virginia
Limited Liability Company ("Seller"), to JPA Tower Investors, 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 February 6L h 2021 (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, 0.52 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 2415 Ivy Road Commercial
Redevelopment Plan (WPO-2020-00030) in Albemarle County. 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 o e date first above written.
Virginia N �iat, LLC
By:
Name: th W. Blackwell
Title: Manager
Acquirer: JPA Tower Investors, LLC
Project: 2415 Ivy Road Commercial Redevelopment Plan (WPO-2020-00030) (HUC:02080204)
TM/PIN#: 06000-00-00-025AO
Permittee: JPA Tower Investors, LLC
P.O. Box 5509
Charlottesville, VA 22905
VSMP #:
Nutrient Bank: Upper James — James — 050 (HUC:02080203)
Phosphorus Offsets: 0.52 pounds
Nitrogen Offsets: 1.87 pounds
VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS. AND LOCALITIES
HELPING CLEAN THE CHESAPEAKE BAY ONE SITE AT A TIME
IF'VIRGINIA
� = NUTRIENT BANK
P.O. Box 142 Penn Laird, VA 22846 • (540) 908-1679 - www.VitginiaNutrientBank.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
February I Cf't 2021 (the "Agreement"), the terms of which are incorporated herein by reference and
made a part of hereof) between the Seller and JPA Tower Investors. LLC ("Purchaser"), the Seller, for the
benefit of the Purchaser, agreed to sell 0.52 pounds of phosphorus offsets and retire 1.87 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 0.52 pounds of phosphorus offsets and retired 1.87
pounds of nitrogen offsets (representing the ratio of nitrogen offsets to the phosphorous offsets at the
offset generating facility).
WITNESS the following signature:
Virginia Nutri
By:
Name: an W. Blackwell
Title: Manager
Date: /
Sworn to and subscribed before me this ���day of Zb w a , 20 °� by
Nathan W. Blackwell, P.E., Manager, on behalf of Virginia Nutrient Bank, LLC.
My cpmmissioyp expires: 1�3b t �p2
Notary Public
Acquirer:
Project:
TM/PIN#:
Permittee:
JPA Tower Investors, LLC
2415 Ivy Road Commercial Redevelopment Plan (WPO-2020-00030) (HUC:02080204)
06000-00-00-025AO
JPA Tower Investors, LLC
P.O. Box 5509
Charlottesville, VA 22905
VSMP #:
Nutrient Bank: Upper James — James — 050 (HUC:02080203)
Phosphorus Offsets: 0.52 pounds
Nitrogen Offsets: 1.87 pounds
VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS, AND LOCALITIES
HELPING CLEAN THE CHESAPEAKE BAY ONE SITE AT A TIME