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HomeMy WebLinkAboutWPO202100043 Agreement - Nutrient Credits 2022-05-19day), (iii) if given by overnight delivery service, the first business day after being sent prepaid by such overnight delivery service, (iv) email or (v) if given by certified mail, return receipt requested, postage prepaid, two (2) days after posting with the United States Postal Service. Either party may change its address by notifying the other party in a manner described above. 14. Automatic Termination. This Agreement shall automatically terminate and become null and void in the event if has not been executed on behalf of Purchaser and returned to the Seller, no later than 5:OOp.m., local time Warrenton, Virginia time on June 15, 2022. IN WITNESS WHEREOF, Sellcr and Purchaser have caused this Agreement to be executed on their behalf by their duly authorized representatives as of the dates indicated below. SELLER: Hotel Street Capital, L.L.C. a Virginia limited t ity company BY: Grayso ovp & Company, By: Thomas James Ross II Its: Managing Member Date: PURCHASER: H' ary C ok Date: S' Z S • 2 o'to AFFIDAVIT OF PHOSPHOROUS OFFSET SALE Hotel Street Capital, L.L.C., a Virginia Limited liability company ("Seller"), hereby certifies the following: 1. Seller, is the owner of the Rivanna River Nutrient Offset Credit Bank, Certificate No.Jamcs-039 approved by the VDEQ on September 5, 2019 (the "Bank") and pursuant to that certain Agreement for Purchase and Sale of Nutrient Mitigation Credits, dated as of May 2, 2022 (the "Purchase Agreement"), the terms of which arc incorporated herein by reference and made a part hereof) between Seller and Hillary Cook ("Purchaser"), Seller agreed to sell .19 pounds of nonpoint source phosphorus offsets (the Nutrient Credits) to Purchaser and retire the associated ratio of oonpoint source nitrogen offsets at the offset generating facility relating to the Project known as: Crozet Animal Wellness Center, VSMP WPO-2021-00043, Albemarle Parcel ID: 056A2-01-00-00700, 2. Seller and Purchaser, as of the date hereof, have closed the transaction contemplated by the Agreement and the Seller has sold to Purchaser the phosphorous offset credits. WITNESS the following signature: HOTEL STREET CAP AL, L.L.C. a Virginia limitSA&5ility company By: GRAYSO VX& COMPANY, LLC, Managing Date: Ross 11, Managing Member STATE OF VIRGINIA COUNTY OF FAUQUIER: A Sworn and subscribed before me this day of - 2022, by Thomas James Ross II, Managing Member of Grayson Love & Company, LLC, anager of HOTEL STREET CAPITAL, L.L.C., a Virginia limited liability company. 117 My Commission expires: Project Name: Plan Number Address: HUC 12: Parcel ID: Crozet Animal Wellne WPO-2021-00043 1100 Crozet Ave, Cro: 02080204, Beaver Cre 056A2-01-00-00700 Credits: .19 Bank Sponsor HUC: 02080204 BILL OF SALE Nonpoint Nutrient Offset Credits BILL OF SALE, made as of May 9, 2022, by Hotel Street Capital, L.L.C., a Virginia limited liability company ("Seller') and Hillary Cook ("Purchaser"). 1. WHEREAS, Seller, as the owner of the Rivanna River Nutrient Offset Credit Bank, which was approved by the VDEQ on September 5, 2018 (Certificate No. James-039) and Purchaser have entered into that certain Agreement for Purchase and Sale of Nutrients Mitigation Credits, dated as of May 7, 2022 (the "Purchase Agreement', the terms of which are incorporated herein by reference and made part hereof), with respect to the sale by Seller and purchase by Purchaser of Compensatory Nutrients Mitigation Credits held in Sellers Nonpoint Offset Bank in Fluvanna County, Virginia (HUC 02080204). NOW THEREFORE, for and in consideration of the payment of the Purchase Price (as defined in the Purchase 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 Purchaser, its successors and assigns .19 Nutrient Credits ("Credits") as such are described in the Purchase Agreement. TO HAVE AND TO HOLD all such Nutrient Credits hereby sold and transferred to Purchaser 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. Project Name: Plan Number: Address: HUC: Parcel ID: Credits Required: Bank Sponsor HUC: HOTEL STREET CAPITAL, L.L.C. a Virginia limited liabi ' company by Grayson Lov ompany, LLC, its Xhomes James Ross II Its: M naging Member Crozet Animal Wellness Center WPO-2021-00043 1100 Crozet Ave, Crozet, VA, 22932 02080204, Beaver Creek-Mechums River 056A2-01-00-00700 .19 02080204