HomeMy WebLinkAboutWPO201900013 Agreement - Nutrient Credits 2021-06-11 (3)IVY CREEK NUTRIENT BANK, L.L.C. —
IVY CREEK NUTRIENT BANK
BILL OF SALE
BILL OF SALE, made as of June 17th, 2021, by Ivy Creek Nutrient Bank, L.L.C., a Virginia limited
liability company ("Seller"), to Rifenburg Construction, Inc., a New York corporation (`Buyer").
WHEREAS, Seller and Buyer have entered into that certain Nutrient Offset Purchase Agreement
as of June 11rh, 2021 (the "Agreement'), with respect to the sale by the Seller and purchase by the Buyer
of offsite nonpoint nutrient offset credits generated within the Rivanna River watershed (HUC: 02080204)
in Albemarle County, Virginia.
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 Buyer, its
successors and assigns, 0_84 pounds of phosphorus offset credits (and retire 1.29 pounds of nitrogen offset
credits and 264.88 pounds of sediment offsets) generated within the Rivanna River watershed (HUC:
02080204) in Albemarle County, Virginia as such are described in the Agreement.
TO HAVE AND TO HOLD all such nutrient credits hereby sold and transferred to Buyer 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.
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
* ( bL
By:
Name: Jonathan R. Roller
Title: Manager -Authorized Representative
Date: June 17, 2021
Acquirer: Rifenburg Construction, Inc.
Nutrient Offset Bank: Ivy Creek Nutrient Bank
Bank Sponsor HUC: 020802040202
Name of Project: Charlottesville -Albemarle Airport Surface Parking Expansion
WPO: 2019-00013
Project HUC: 020802040203
Phosphorus Offsets: 0.84 pounds
Nitrogen Offsets: 1.29 pounds
Sediment Offsets: 264.88 pounds
TW: 03200-00-00-01000