HomeMy WebLinkAboutWPO202000032 Agreement - SWM Maintenance 2021-06-28BILL OF SALE
Nonpoint Nutrient Offset Credits
THIS BILL OF SALE, made as of S ci 9� , 2021, by Hotel Street Capital,
L.L.C., a Virginia limited liability company ("Seller") and FLOW 1300 RICHMOND LLC, a
Virginia limited liability company ("Purchaser").
WHEREAS, Seller, as the owner of the Rivanna River Nutrient Offset Credit Bank,
approved by the VDEQ (Certificate No. James-039) and Purchaser have entered into that certain
Agreement for Purchase and Sale of Nutrient Mitigation Credits, dated as of April 15, 2021 (the
"Purchase Agreement"), the terms of which are incorporated herein by reference and made part
hereof), with respect to the sale by Seller and purchase by Purchaser of Compensatory Nutrient
Mitigation Credits held in Seller's Nonpoint Offset Bank in Fluvanna County, Virginia (HUC
02080204).
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 2.59 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.
Owner/Contact:
County/City
Project:
Address/HUC
Project Tax ID
Credits Required
HOTEL STREET CAPITAL, L.L.C.
a Virginia limited liability company
by Grayson Love & Company, LLC, its
manaeer
FLOW 1300 RICHMOND ��w
500 West Fifth Street, 18tn Floor
Winston-Salem, NC, 27101
Albemarle County
Project Name: 1300 Richmond Road - Flow Automotive
Project Number: WP0202000032
1300 Richmond Road
Charlottesville, VA 22911
Rivanna River - Meadow Creek HUC 020802040401
Parcel ID: 07800-00-00-00600 & 07800-00-00-00700
2.59 Ib/yr
AFFIDAVIT OF PHOSPHOROUS OFFSET SALE
Hotel Street Capital, L.L.C., a Virginia Limited liability company ("Seller"), hereby
certifies the following:
1. Seller, is the owner of the Rivanna River Nutrient Offset Credit Bank, Certificate
No.James-039 approved by the VDEQ located in HUC 02080204 (the 'Bank") and pursuant to
that certain Agreement for Purchase and Sale of Nutrients Mitigation Credits, dated as of April
15, 2021 (the 'Purchase Agreement"), the Terms of which are incorporated herein by reference
and made a part hereof) between Seller and FLOW 1300 RICHMOND LLC, a Virginia limited
liability company ('Purchaser") for the benefit of the Purchaser, Seller agreed to sell 2.59
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 11.80 pounds of nitrogen offsets relating to the project known as 1300 Richmond Road -
Flow Automotive (Parcel ID: 07800-00-00-00600 & 07800-00-00-00700 Albemarle
County).
2. Seller and Purchaser, as of the date hereof, have closed the transaction contemplated by
the Agreement and the Seller has sold to Purchaser the phosphorous offsets.
WITNESS the following signature:
HOTEL STREET CAPITAL, L.L.C.
a Virginia limited liability company
By: GRA0I51LE &COMPANY, LLC, Manager
Date: S' (� ?' X J
James Ross II, Managing Member
STATE OF VIRGINIA
COUNTY OF FAUQUIER:
Sworn and subscribed before me this z V day of Ma 2021, by Thomas James
Ross II, Managing Member of Grayson Love & Company, LLC, Manager of HOTEL STREET
CAPITAL, L.L.C., a Virginia limited liability company.
34
Notary Public uwnuu,p,
My Commission expires: Cpl. 0/202 ; N WI
Owner/Contact:
FLOW 1300 RICHMOND LLC
500 West Fifth Street, 181h Floor
Winston-Salem, NC, 27101
County/City
Albemarle County
Project:
Project Name: 1300 Richmond Road - Flow Autom
Project Number: WP0202000032
Address/HUC
1300 Richmond Road
Charlottesville, VA 22911
Rivanna River - Meadow Creek HUC 020802040401
Project Tax ID
Parcel ID: 07800-00-00-00600 & 07800-00-00-00700
Credits Required
2.59 Ib/yr
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14. Automatic Termination. This Agreement shall automatically terminate and become null
and void in the event if has not been executed on behalf of Purchaser and returned to the Seller, no
later than S:OOp.m., local time Warrenton, Virginia time on June 15, 2021.
IN WITNESS WHEREOF, Seller and Purchaser have caused this Agreement to be executed on
their behalf by their duly authorized representatives as of the dates indicated below.
SELLER
Hotel Street Capital, L.L.C.
a Virginia limited liability company
BY: Grayson Love &� mmppaiiy,
LLC, Manager
4 By: Thomas James Ross II
It : Managing Member
Date:
PURCHASER:
FLOW 1300 RICHMOND LLC,
a Virginia limited liability company
. s-
By: oerwt-5 _
Its: Authorized Officer
Date: �lP