HomeMy WebLinkAboutWPO202100064 Agreement - Nutrient Credits 2022-04-07IVY CREEK NUTRIENT BANK, L.L.C. —
IVY CREEK NUTRIENT BANK
BILL OF SALE
BILL OF SALE, made as of April 14"', 2022, by Ivy Creek Nutrient Bank, L.L.C., a Virginia limited
liability company ("Seller"), to Ivy Road RE, L.L.C., a Virginia limited liability company (`Buyer").
WHEREAS, Seller and Buyer have entered into that certain Nutrient Offset Purchase Agreement
as of April 7"', 2022 (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, 0.29 pounds of phosphorus offset credits (and retire 0.45 pounds of nitrogen offset
credits and 91_45 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
* ( kA-
By:
Name: Jonathan R. Roller
Title: Manager -Authorized Representative
Acquirer: Ivy Road RE, L.L.C.
Nutrient Offset Bank: Ivy Creek Nutrient Bank
Bank Sponsor HUC: 020802040202
Name of Project: VSMP Plan in Reference to WP02021-00064 For DS Tavern Albemarle County, Virginia
WPO: 2021-00064
Project HUC: 02080204
Phosphorus Offsets: 0.29 pounds
Nitrogen Offsets: 0.45 pounds
Sediment Offsets: 91.45 pounds
TMP: 05900-00-00-015A and 05900-00-00-015A1