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HomeMy WebLinkAboutWPO201600072 Agreement - Nutrient Credits 2021-02-24EXHIBIT A BELL OF SALE Nonpoint Nutrient Offset Credits BILL OF SALE, made as of re br,,t 26, 2021, by OVERLAND VA H, LLC, a Virginia limited liability company ("Seller"), to EL MENTAL ECOTECH, INC. ("Purchaser"). WHEREAS, Seller and Purchaser have entered into that certain Agreement for Purchase and Sale of Nutrients Mitigation Credits, dated as of e 6 1 N , 2021 (the "Purchase 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 Compensatory Nutrient Mitigation Credits held in Seller's Nonpoint Nutrient Offset Bank in Buckingham County, Virginia. NOW THEREFORE, for and in consideration of the payment of the Purchase Price (as defined in the Purchase 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, 2.66 Nutrient Credits ("Credits") as such are described in the 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 Sale to be executed by its duly authorized representative as of the date first above written. OVERLAND VA H, LLC, n a Virginia limited liability company By: / �G t�, Name: Chris Snow Its: Managing Member Project Name: Woolen Mills Light Industry Park— VSMP — Amendment 4 Plan #: WPO-2016-00072 TMP: 0770-00-00-040 HO Bank Sponsor HUC: 02080203 Project HUC: 02080204 Phosphorous Offsets: 2.66 Associated Nitrogen Offsets: 8.91 7 EXHIBIT B AFFIDAVIT OF PHOSPHORUS OFFSET SALE OVERLAND VA II, LLC, a Virginia limited liability company ("Seller"), hereby certifies the following: Pursuant to that that certain Agreement for Purchase and Sale of Nutrients Mitigation Credits, dated as of & 6 c,,c42 q, 2021 (the "Purchase Agreement", the terms of which are incorporated hereih by reference and made a part hereof) between Seller and ELEMENTAL ECOTECH, INC. ("Purchaser"), Seller, for the benefit of the Purchaser, agreed to sell 2.66 pounds of nonpoint source phosphorus offsets (the Nutrient Credits) to Purchaser and retire the associated ratio of nonpoint source nitrogen offsets at the offset generating facility in the amount of 8.91 pounds of nitrogen offsets. 2. Seller and Purchase, as of the date hereof, have the closed the transaction contemplated by the Agreement and the Seller has sold to Purchaser the phosphorus offsets. WITNESS the following signature: OVERLAND VA H, LLC, a Virginia limited liability company By: Cw 11 Name: Chris Snow Title: Managing Member Date: 2.126 %2 / �t1, 2.o21 Sworn to and subscribed before me this46 day of Fs()�, .1 , by CAri s S rb .,V Manager, on behalf of the OVERLAND VA II, LLC, a Virginia limited liability company. My commission expires: a 1,' 30 ao a I CiTcounty of: i 4 n r t A Notary Public �rttanwr.. �EBO�' •,• `����!�� Project Name: Woolen Mills Light Industry Park Plan p: WPO-2016-00072 • TMP: 07700-00-00-040BO Project HUC: 02080204 �t�`CO,/�,�,,'m[?L� A Bank Sponsor HUC: 02080203 % •�, pP�f�d%$i� : �C Dy Phosphorous Offsets: 2.66 ���,'•, s'i �: �� '• Associated Nitrogen Offsets: 8.91 : •) ....••' ��` 111RGINIP��.•' •., o