Loading...
HomeMy WebLinkAboutWPO202100029 Agreement - Nutrient Credits 2021-06-15AFFIDAVIT OF NUTRIENT OFFSET SALE Ecosystem Services. L.L.C. , [broker] (the "Company") on behalf of Ivy Creek Nutrient Bank, L.L.C. [Bank Sponsor], hereby certifies the following: 1. Pursuant to that certain Acquisition and Sale Agreement dated June 2"", 2021 (the "Agreement"), between the Ivy Creek Nutrient Bank (as Seller) and Albemarle County Public Schools ("Acquirer"), the Company, for the benefit of the Acquirer, agreed to sell 0.34 pounds of phosphorus offsets and retire 0.52 pounds of nitrogen (representing the ratio of nitrogen offsets to the phosphorus offsets at the offset generating facility) offsets to Acquirer; 2. The Company and the Acquirer, as of the date hereof, have closed the transaction contemplated by the Agreement and the Company has sold to Acquirer phosphorus offsets and retired 107.21 pounds of sediment (representing the ratio of sediment offsets to the phosphorus offsets at the offset generating facility) offsets. WITNESS the following signature: IVY CREEK NUTRIENT BANK, L.L.C., a Virginia limited liability company By: ECOSYSTEM SERVICES, L.L.C., a Virginia limited liability company, authorized agent HIM By: Name: Joha tan R. Roller Title: Mana r-Auized Re resentative Date: vtithorc Swom to and subscribed before me this ' day of J ula6 2021, by Jonathan R. Roller, Manager, on behalf of Ecosystem Services, LLC. My commission expires: S /31/2021 .ICJ. Notary Public Acquirer: Albemarle County Public Schools Nutrient Offset Bank: Ivy Creek Nutrient Bank Bank Sponsor HUC: 020802040202 Name of Project: Western Albemarle High School Modular Classroom Additions WPO: 2021-00029 Project HUC: 020802040101 Phosphorus Offsets: 0.34 pounds Nitrogen Offsets: 0.52 pounds Sediment Offsets: 107.21 pounds TMP: 05600-00-00-017C0 WILLIAM JACKSON SIMMONS NOTQ24 SLIC R F,G I S T:R AT I QN W 7737689 comm'ONWEACTFI'9F KIRGINIA AUGUST 31 NIR1;S 2021