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HomeMy WebLinkAboutWPO202000048 Correspondence 2021-09-22IVY CREEK NUTRIENT BANK, L.L.C. — IVY CREEK NUTRIENT BANK BILL OF SALE BILL OF SALE, made as of August 18rh, 2021, by Ivy Creek Nutrient Bank, L.L.C., a Virginia limited liability company ("Seller'), to 1205 Stoney Ridge, L.L.C., a Virginia limited liability company ("Buyer'). WHEREAS, Seller and Buyer have entered into that certain Nutrient Offset Purchase Agreement as of August 11 rh, 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 0.92 pounds of phosphorus offset credits (and retire 1.42 pounds of nitrogen offset credits and 290.11 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 3'► ( kA- By: Name: Jonathan R. Roller Title: Manager -Authorized Representative Date: August 18, 2021 Acquirer: 1205 Stoney Ridge. L.L.C. Nutrient Offset Bank: Ivy Creek Nutrient Bank Bank Sponsor HUC: 02080204 Name of Project: 1205 Stoney Ridge Project HUC: 02080204 Phosphorus Offsets: 0.92 pounds Nitrogen Offsets: 1.42 pounds Sediment Offsets: 290.11 pounds