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Home My WebLink AboutWPO202000055 Agreement - Nutrient Credits 2021-10-20 (2)IVY CREEK NUTRIENT BANK, L.L.C. — IVY CREEK NUTRIENT BANK BILL OF SALE BILL OF SALE, made as of July 81h, 2021, by Ivy Creek Nutrient Bank, L.L.C., a Virginia limited liability company ("Seller"), to White Gables II, L.L.C., a Virginia limited liability company ('Buyer"). WHEREAS, Seller and Buyer have entered into that certain Nutrient Offset Purchase Agreement as of July 8rh, 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, 1_84 pounds of phosphorus offset credits (and retire 2.83 pounds of nitrogen offset credits and 580.22 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 * ( OJL By: Name: Jonathan R. Roller Title: Manager -Authorized Representative Date: July 8. 2021 Acquirer: Commercial Rentals, L.L.C. Nutrient Offset Bank: Ivy Creek Nutrient Bank Bank Sponsor HUC: 020802040202 Name of Project: White Gables WPO: 202000055 Project HUC: 020802040202 Phosphorus Offsets: 1.84 pounds Nitrogen Offsets: 2.83 pounds Sediment Offsets: 580.22 pounds TMP: 60-26