HomeMy WebLinkAboutWPO202100006 Agreement - Nutrient Credits 2021-04-15�VIRGINIA
UTRIENT BANK
P.O. Box 142 Penn Laird, VA 22846 (540) 908-1679 www.VireiniaNutrientBank.com
EXHIBIT A — BILL OF SALE
Bill of Sale, made as of the t�day of ADriI.2021, by Virginia Nutrient Bank, LLC, a Virginia
Limited Liability Company ("Seller"), to Tobias A. Dengel Trust & Lynn T. Dengel Trust ("Purchaser).
Whereas, the Seller and Purchaser have entered into an Agreement for Purchase and Sale of Nutrient
Offset Credits, dated as of ADfil 10: 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, 0.42 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 at Foothill Farm Drive
Maintenance Building 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 of the date first above written.
Virginia Nutri �Jc, L% v
By: t.
Name: Nat m1 W. Blackwell
Title: Manager
Acquirer:
Project:
TM/PIN#:
Tobias A. Dengel Trust & Lynn T. Dengel Trust
N i___.______ Building (14UG 0802na) Foothill Farm Maintenance Building
6273 06200-00-00-073BO and 06200-00-00-07100 WPO-2021-00006
Permittee: Tobias A. Dengel Trust & Lynn T. Dengel Trust
1740 Foothill Farm Drive
Charlottesville, VA 22911
VSMP #: <1 acre
Nutrient Bank: Upper James — James — 050 (HUC:02080203)
Phosphorus Offsets: 0.42 pounds
Nitrogen Offsets: 1.51 pounds
VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS. AND LOCALITIES
HEI LPING CLEAN THE CHESAPEAKE RAY ONE SITE AT A RME
2i VIRGINIA
NUTRIENT BANK
P.O. Box 142 Penn Laird, VA 22846 • (540) 908-1679 - www.VirginiaNutrientBank.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
April (W, 2021 (the "Agreement'), the terms of which are incorporated herein by reference and made a
part of hereof) between the Seller and Tobias A. Dengel Trust & Lynn T. Dengel Trust ("Purchaser"), the
Seller, for the benefit of the Purchaser, agreed to sell 0.42 pounds of phosphorus offsets and retire
1.51pounds 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 0.42 pounds of phosphorus offsets and retired 1.51
pounds of nitrogen offsets (representing the ratio of nitrogen offsets to the phosphorous offsets at the
offset generating facility).
WITNESS the following signature:
Virginia Nutr' apk, LW,
By. �vv
Name: N%tlklu W. Blackwell
Title: Man'&T/
Date:
State of Virginia - Eoattly/City of
The foregoing Exhibit B — Affidavit of Nutrient Offset Sale was acknowledged before me this 15 day
of tz<e^� , 202 by Nathan W. Blackwell P.E., Manager, on behalf of Virginia Nutrient
Bank, LLC.
My commission expires: 44pP \ 30 .
C l M A`— !+ 9w—V'Y�
Notary Public
Acquirer: Tobias A. Dengel Trust & Lynn T. Dengel Trust Foothill Farm
Project: )
TM/PIN#: 62-73-B 06200-00-00-073BOand 06200-00-00-07100
Permittee: Tobias A. Dengel Trust & Lynn T. Dengel Trust WPO-2021-0
1740 Foothill Farm Drive
Charlottesville, VA 22911
VSMP #: <1 acre
Nutrient Bank: Upper James — James — 050 (HUC:02080203)
Phosphorus Offsets: 0.42 pounds
Nitrogen Offsets: 1.51 pounds
VIRGINIA NUTRIENT BANK - SILRVING FARMERS, DEVELOPERS, AND LOCALITIES
HELPING CLEAN THE CHESAPE.AKE_ BAY ONE SITE AT A TIME