HomeMy WebLinkAboutWPO201700048 Affidavit 2021-09-27BILL OF SALE
Nonpoint Nutrient Offset Credits
BILL OF SALE, made as of 0Ck4%6✓ 4 , 2021, by Hotel Street Capital, L.L.C., a
Virginia limited liability company ("Seller") and Old Trail Creekside IV LLC, a Virginia
corporation ('Purchaser").
WHEREAS, Seller and Purchaser have entered into that certain Agreement for Purchase
and Sale of Nutrients Mitigation Credits, dated as of September M , 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 Nutrients Mitigation
Credits held in Sellers 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 3.60 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.
HOTEL STREET CAPITAL, L.L.C.
a Virginia limited ility company
by Grayson J.KeA Company, LLC, its
By:
Thomas James Ross II
Project Name: Old Trail Creekside III — Phase II, WP0`201700048 (Amendment #1 to
WPO201200008)
Plan # WPO201700048
Tax Map and Parce1055EO-04-00-000BO
HUC: 02080204 (0102)
Lb. credits: 3.60 lb.
Bank Sponsor HUC: 02080204 (0501)
AFFIDAVIT OF PHOSPHOROUS OFFSET SALE
Hotel Street Capital, L.L.C., a Virginia Limited liability company ("Seller"), hereby
certifies the following:
1. Pursuant to that certain Agreement for Purchase and Sale of Nutrients Mitigation
Credits (described below), dated as of September jqq , 2021 (the "Purchase Agreement"), the
Terms of which are incorporated herein by reference and made a part hereof) between, Hotel
Street Capital, LLC, a Virginia limited liability company, Seller and Old Trail Creekside IV
LLC, Purchaser, Seller agreed to sell 3.6 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 16.48 pounds of nitrogen offsets relating to the
Project known as:
Project Name: Old Trail Creekside III — Phase II, WP0201700048 (Amendment #1 to
WP0201200008)
Plan # WP0201700048
Tax Map and Parcel 055E0-04-00-000BO
HUC: 02080204 (0102)
Lb. credits: 3.60 lb.
Bank Sponsor HUC: 02080204(0501)
Seller and Purchaser, as of the date hereof, have closed the transaction contemplated by
the Agreement and the Seller has sold, transferred and conveyed to Purchaser the phosphorous
offsets.
WITNESS the following signature:
HOTEL STRFETC/APITAL, L.L.C.
OBERMAN
Date: d Ll By:
STATE OF VIRGINIA
COUNTY OF FAUQUIER:
Sworn and subscribed
Ross II, Managing Member\\o
CAPITAL, L.L.C., a NA;� q,
My Commission
any company
COMPANY, LLC, Manager
Ross II, Managing Member
before me this Lt6, day of Ct;h> 2021, by Thomas James
ilOnay�veon Lo& Company, LLC, Manager of HOTEL STREET
�l $ci'j�bility company..
Project Name: Old Trail� Phase II, WP020
WP0201200008)
Plan # WP0201700048
Tax Map and Parcel_055E0-04-00-000130
(Amendment #1 to