HomeMy WebLinkAboutWPO202000055 Agreement - Nutrient Credits 2021-10-20AFFIDAVIT 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 Nutrient Offset Purchase Agreement dated July 8". 2021 (the
"Agreement"), between the Ivy Creek Nutrient Bank, L.L.C. (as Seller) and White Gables II LLC
("Acquirer"), the Company, for the benefit of the Acquirer, agreed to sell 1.84 pounds of phosphorus offsets
and retire 2.83 pounds of nitrogen (representing the ratio of nitrogen offsets to the phosphorus offsets at the
offset generating facility) offsets and 580.22 pounds of sediment (representing the ratio of sediment 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 1.84 pounds of phosphorus offsets and retired
2.83 pounds of nitrogen (representing the ratio of nitrogen offsets to the phosphorus offsets at the offset
generating facility) offsets and 580.22 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
By:g�q W. y K
Name: Jon an R. Roller
Title: Mana& r- uthorized Representative
Date: a I J d�
Sworn to and subscribed before me this '" day of ®ct &k4 2021, by
Jonathan R. Roller, Manager, on behalf of Ecosystem Services, LLC
My commission expires: $/311?wZ5
NotaryPublic J
Acquirer: White Gables If LLC
Nutrient Offset Bank: Iw Creek Nutrient Bank
Bank Sponsor HUC: 020802040202
Nameof Project: White Gables
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Project HUC: 020802040202 , ••NOTARY
Phosphorus Offsets: 1.84 pounds ` PUBLIC •,.per;
Nitrogen Offsets: 2.83 pounds --
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Sediment Offsets: 580.22 pounds 77
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