HomeMy WebLinkAboutWPO202100069 Correspondence 2022-04-21Rivanna River Nutrient Credit Bank
January 25, 2022
Chris Marshall
Shimp Engineering
chris@shimp-engineering.com
Aaron Revere (arevere@newbaylle.com)
Certificate No. James-039
RE: Request for Bid: Pricing of Nutrient Credits from the Rivanna River Nutrient Offset
Trading Bank for the following project:
Owner:
James River Road, LLC
200 Carlton Rd,
Charlottesville, VA, 22902
Project Name: Scottsville Tiger Fuel Market
Project Number: VSMP WP0202100069
Project Location: 153 James River Road
Project HUC12:
020802031103, Totier Creek
020802031104, James River -Little George Creek
Parcel ID Legal Ref: Parcel ID: 130A147A, 130A1-49
Bank Sponsor/Bank HUC: Hotel Street Capital, LLC - HUC No. 02080204
Phosphorous Offsets:.96 lb/yr
Dear Chris and Aaron,
This letter is to confirm the availability to your project (referenced above) of authorized Nutrient
Credits sufficient to meet the your above referenced estimated requirements of Nutrient Credits
at our Rivanna River nutrient offset credit bank facility (the "Bank"). The Bank has been registered
with the Virginia Department of Environmental Quality (DEQ). These Nutrient Credits are
generated and managed under the terms of the Reduction Implementation Plan for the Bank dated
November 2017, which was authorized by (DEQ) on September 5, 2018.
The Bank has been authorized to provide Nutrient Credits for use in the James River watershed.
These credits are transferable to those entities regulated under DEQ's Storm Water Management
program in accordance with VA Code 62.1-44.15:27.
The sale price per lb. of pho ous is $12,500.00.The pricing is valid through March 15, 2022.
Hotel Street Capp , L , Bank Sponsor
By Its Mana n
-01
Rivanna River Nutrient Offset Trading Bank, 31 Garrett Street, Warrenton, Virginia 20186