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HomeMy WebLinkAboutWPO202100008 Agreement - Nutrient Credits 2022-07-14J . -�VIRGINIA NUTRIENT BANK P.O. Box 142 Penn Laird, VA 22846 - (540) 908-1679 • www.VirminiaNutrientBank.com EXHIBIT A — BILL OF SALE Bill of Sale, made as of the 26'�t'day of April, 2021, by Virginia Nutrient Bank, LLC, a Virginia Limited Liability Company ("Seller"), to Roseland Farm, LLC ("Purchaser). Whereas, the Seller and Purchaser have entered into an Agreement for Purchase and Sale of Nutrient Offset Credits, dated as of April 2o'n'2021 (the "Agreement"), the terms of which are incorporated herein by reference and made a part hereof), with respect to the sale by Seller and purchase by Purchaser of Nutrient Credits held by the Seller's Upper James Nutrient Bank in Nelson County, Virginia within the James River watershed (HUC: 02080203). 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 Purchaser, its successors and assigns, 2.25 Nutrient Credits out of the Upper James Nutrient Bank as such are described in the Agreement. To Have and To Hold all such Nutrient Credits hereby sold and transferred to Purchaser and its successors and assigns forever for use in connection with Purchaser's project at Roseland Farm — New Riding Ring located at 6550 Roseland Farm in Albemarle County. This project is located in HUC:02080204. 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. Virginia t rfB�tlk,L By: Na in an W. Blackwell Titl : nager Acquirer: Roseland Farm, LLC Project: King Family Vineyards Riding Ring - WPO-2021-0008 6550 Roseland Farm Crozet, VA 22932 TM/PIN#: 05500-00-00-08100,05500-00-00-08000 Permittee: Roseland Farm, LLC 6550 Roseland Farm Crozet, VA 22932 VSMP #: Nutrient Bank: Upper James — James — 050 (HUC:02080203) Phosphorus Offsets: 2.25 pounds Nitrogen Offsets: 8.11 pounds VIRGINIA. NUTRIENT BANK -.SERVING FARMERS, DEVELOPERS. AND LOCALITIES I U-PING CLEAN THE CHESAPEAKE BAYONE SITE AT A TIME AQVIRGINIA NUTRIENT BANK P.O. Box 142 Penn Laird, VA 22846 - (540) 908-1679 - www.VirginiaNutrient]3ank.com EXHIBIT B - AFFIDAVIT OF NUTRIENT OFFSET SALE Virginia Nutrient Bank, (the "Seller'), hereby certifies the following 1. Pursuant to that certain "Agreement for Purchase and Sale of Nonpoint Nutrient Offset Credits" dated April 2C 2021 (the "Agreement'), the terms of which are incorporated herein by reference and made a part of hereof) between the Seller and Roseland Farm. LLC ("Purchaser"), the Seller, for the benefit of the Purchaser, agreed to sell 2.25 pounds of phosphorus offsets and retire 8.11 pounds of nitrogen offsets (representing the ratio of nitrogen offsets to the phosphorous offsets at the offset generating facility) to Purchaser; 2. The Seller and the Purchaser, as of the date hereof, have closed the transaction contemplated by the Agreement and the Seller has sold to Purchaser 2.25 pounds of phosphorus offsets and retired 8.11 pounds of nitrogen offsets (representing the ratio of nitrogen offsets to the phosphorous offsets at the offset generating facility). WITNESS the following signature: Virginia N rtri anjrLLC By: Name: an W. Blackwel Title: Manager Date: State of Virginia - C-ertrtt Xity of 47"�-ro robw=t The foregoing Exhibit B — Affidavit of Nutrient Offset Sale was acknowledged before me this Ov day of At1 20 ak by Nathan W. Blackwell, P.E., Manager, on behalf of Virginia Nutrient Bank, LLC. My commission expires: OWA 3os 7oa5 Notary Public Acquirer: Roseland Farm, LLC Project: O9e}a}3f} K'�ng F�{niN Vineyards.Ridi9 Ring - lticmtS flirt 6550 Roseland Farm Crozet, VA 22932 TM/PIN#: 05500-00-00-08100,05500-00-00-08000 Permittee: Roseland Farm, LLC 6550 Roseland Farm Crozet, VA 22932 VSMP #: Nutrient Bank: Upper James — James — 050 (HUC:02080203) Phosphorus Offsets: 2.25 pounds Nitrogen Offsets: 8.11 pounds VIRGINIA NUTRIENT BANK - SERVING FARMERS, DEVELOPERS. AND t.00AI.IT IF? HELPING CLEAN THE CHLSAPEAKE BAY ONE SITE AT A TIME