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HomeMy WebLinkAboutWPO201600069 Agreement - Nutrient Credits 2022-11-10VIRGINIA NUTRIENT BANK P.O. Box 142 Penn Laird, VA 22846 • (.540) 908-1679 - www VirginiaNuirientBank.corn EXHIBIT A — BILL OF SALE Bill of Sale, made as of the l� day of February. 2021, by Virginia Nutrient Bank, LLC, a Virginia Limited Liability Company ("Seller"), to Stanley Martin Companies, LLC ("Purchaser). Whereas, the Seller and Purchaser have entered into an Agreement for Purchase and Sale of Nutrient Offset Credits, dated as of JanuMf4fr 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, 0.27 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 The Vue — amendment #2 (WPO201600069) located 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 A first above written. Virginia Nut By: Name: Nat an W. Blackwell Title: Manager Acquirer: Stanley Martin Companies, LLC Project: The Vue — amendment #2 (WPO201600069) (HUC:02080204) 5911 McComb St Crozet, VA 22932 TM/PIN#: 05600-00-00-11500 Permittee: Stanley Martin Companies, LLC 404 People Place #303 Charlottesville, VA 22911 VSMP #: <1 Acre Nutrient Bank: Upper James — James — 050 (HUC:02080203) Phosphorus Offsets: 0.27 pounds Nitrogen Offsets: 0.97 pounds t ':INIA h,ta 1 RIFN7 k`,NK SI RVINC t ARINI H'- �-)' UFI ()L ,ANI) , O(;A! I IF 1! .. ,A`I l v A" Ac I 141AF �.�y..�1R.--.�Nj LNUTRIENT BANK p,O. Box 142 Penn I�icd, VA 22846 (540) 908-1679 www.VireininNutrien[Bunk-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 January 21 r�2021 (the "Agreement'), the terms of which are incorporated herein by reference and made a part of hereof) between the Seller and Stanley Martin Companies LLC ("Purchaser"), the Seller, for the benefit of the Purchaser, agreed to sell 0.27 pounds of phosphorus offsets and retire 0.97 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 0.27 pounds of phosphorus offsets and retired 0.97 pounds of nitrogen offsets (representing the ratio of nitrogen offsets to the phosphorous offsets at the offset generating facility). WITNESS the following signature: Virginia Nut apk, LL By Name: Wthfin W. Blackwell Title: Manager Date: {GI Sworn to and subscribed before me this � day of pYJctr`'202•fb(. y Nathan W. Blackwell. P.E., Manager, on behalf of Virginia Nutrient Bank LLC. Nly mmissZ // expires: �Is.� Notary Public c v v Acquirer: Stanley Martin Companies, LLC #2 (WPO201600069) (HUC:02080204) Project: The Vue — amendment 5911 McComb St Crozet, VA 22932 TM/PIN#: 05600-00-00-11500 Permittee: Stanley Martin Companies, LLC 404 People Place #303 Charlottesville, VA 22911 VSMP#: Nutrient Bank: <1 Acre Upper James — James — 050 (HUC:02080203) Phosphorus Offsets: 0.27 pounds Nitrogen Offsets: 0.97 pounds V, ITTIfHtf_�J ''tr`K .Sffl N�, FAf'i t: ) V'�vi'h�'iS,1N6 tCf �1 IPS {C,.r iN( Gi , 1h1 }9• .i � r.Ai` Akt P. "' )1 r1 • c AT A f'ntE