HomeMy WebLinkAboutWPO202100017 Action Letter 2022-01-06AFFIDAVIT 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 Acquisition and Sale Agreement dated December 6t , 2021 (the
"Agreement"), between the Ivy Creek Nutrient Bank (as Seller) and Ivy Proper, L.L.C. ("Acquirer"), the
Company, for the benefit of the Acquirer, agreed to sell 0.96 pounds of phosphorus offsets and retire 1.48
pounds of nitrogen (representing the ratio of nitrogen 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 phosphorus offsets and retired 302.72 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: � p
Name: William K. Mumaw
Title: Manager -Authorized Representative
Date: t 4'7 /Z e 7 ?--
State of Virginia
City of Charlottesville, to wit:
Sworn to and subscribed before me this 'r day of TAuvAa� 2022, by
William K. Mumaw, Manager, on behalf of Ecosystem Services, LLC.
My commission expires: $/31 /ZdLg
Notary Public
Acquirer: Ivy Proper, L.L.C.
Nutrient Offset Bank: Ivy Creek Nutrient Bank
Bank Sponsor HUC: 020802040202
Name Project: Ivy Proper
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WPO: 2021-00017
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Project HUC: 020802040202
PUBLIC
Elf REG 17737889 '• N
Phosphorus Offsets: 0.96 pounds
'C06AMION'
Nitrogen Offsets: 1.48 pounds
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EXPIRES '
Sediment Offsets: 302.72 pounds
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TMP: 058A2-00-00-01400 & 058A2-00-00-02000
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