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HomeMy WebLinkAboutWPO201700041 Agreement - Nutrient Credits 2022-05-31 (2)IVY CREEK NUTRIENT BANK, L.L.C. — IVY CREEK NUTRIENT BANK BILL OF SALE BILL OF SALE, made as of May 313r, 2022, by Ivy Creek Nutrient Bank, L.L.C., a Virginia limited liability company ("Seller"), to Forge Farm, 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 21sr, 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, 3.77 pounds of phosphorus offset credits (and retire 5.79 pounds of nitrogen offset credits and 1,188.75 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 * ( By: Name: Jonathan R. Roller Title: Manager -Authorized Representative Date: MaV 31, 2022 Acquirer: Forge Farm, L.L.C. Nutrient Offset Bank: Ivy Creek Nutrient Bank Bank Sponsor HUC: 02080204 Name of Project: Sunset Overlook VSMP WPO201700041 (Amendment #2 to WPO201600004) WPO: 2017-00041 Project HUC: 02080204 Phosphorus Offsets: 3.77 pounds Nitrogen Offsets: 5.79 pounds Sediment Offsets: 1,188.75 pounds TMP: 076F0-00-00-000A0