HomeMy WebLinkAboutWPO202100049 Agreement - Nutrient Credits 2022-07-15BILL OF SALE
Nonpoint Nutrient Offset Credits
BILL OF SALE, made as of _�,g Q 39 , 2022, by Hotel Street Capital, L.L.C., a
Virginia limited liability company ("Seller") and Charlottesville Greenbrier, LLC, a Virginia
limited liability company ("Purchaser").
I . WHEREAS, Seller as the owner of the Rivanna River Nutrient Offset Credit Bank,
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 2, 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 Seller's 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 1.54 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.
HOTEL STREET CAPITAL, L.L.C.
a Virginia limited liability company
by Grayson Love & Company, LLC, its
Managing Member
By:
Name: Thoma J es kdss II
Its: Manaein Member
Project: Wawa Route 29 and Greenbrier SDP202100027
1215 Seminole Trail,
Charlottesville, VA 1.54 credits required Project HUC 02080204
Purchaser/Owner: Charlottesville Greenbrier, LLC
mfontainenaxenaudconsultina.net
C/O ARCTRUST 1401 Broad Street
Clifton, NJ 07013
Jurisdiction/Tax ID number: Albemarle County, Parcel# 061 WO-02-OA-00100
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.James-039 approved by the VDEQ on September 5, 2018 (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 are incorporated herein by reference and made a
part hereof) between Seller and Charlottesville Greenbrier, LLC, a Virginia limited liability
company ('Purchaser"), Seller agreed to sell 1.54 pounds of nonpoint source phosphorus offsets
(the Nutrient Credits) to Purchaser and retire the associated ratio of nonpoint source nitrogen
offsets at the offset generating facility relating to the Project known as: Wawa Route 29 and
Greenbrier SDP202100027, Albemarle County, Parcel# 061WO-02-OA-00100.
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 CAPITAL, L.L.C.
a Virginia limited lia - - company
By: GRAYSON LO 8� OMPANY, LLC, Managing
Member /
Date: r ?ALL By: 01!/
Thomas J es Ross II,
STATE OF VIRGINIA
COUNTY OF FAUQUIER:
Sworn and subscribed before me this day of J)fU 2022, by Thomas James
Ross II, Managing Member of Grayson Love & Company, LLC, Manager of HOTEL STREET
CAPITAL, L.L.C., a Virginia limited liability company.
k%-Ia nd
Notary
My Commission expires:
Project: Wawa Route 29 and Greenbr erD 202100027
1215 Seminole Trail,
Charlottesville, VA 1.54 credits required Project Ht
Purchaser/Owner: Charlottesville Greenbrier, LLC
mfontaineLa-)renaudconsultine.net
C/O ARCTRUST 1401 Broad Street
Clifton, NJ 07013
Jurisdiction/Tax ID number: Albemarle County, Parcel# 061 WO-02-OA-00100
a._.1
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