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HomeMy WebLinkAboutWPO201900062 Agreement - Nutrient Credits 2022-12-01AFFIDAVIT OF NUTRIENT OFFSET SALE Ecosystem Services, L.L.C. , [broker] (the "Company") on behalf of Ivy Creek Nutrient Bank, L.L.C. [Bank Sponsor], hereby certifies the following: 1. Pursuant to that certain Acquisition and Sale Agreement dated November 111h. 2022 (the "Agreement"), between the Ivy Creek Nutrient Bank (as Seller) and Southwood Charlottesville. L.L.C. ("Acquirer"), the Company, for the benefit of the Acquirer, agreed to sell 0.04 pounds of phosphorus offsets and retire 0.06 pounds of nitrogen (representing the ratio of nitrogen offsets to the phosphorus offsets at the offset generating facility) offsets to Acquirer; 2. The Company and the Acquirer, as of the date hereof, have closed the transaction contemplated by the Agreement and the Company has sold to Acquirer phosphorus offsets and retired 12_61 pounds of sediment (representing the ratio of sediment offsets to the phosphorus offsets at the offset generating facility) offsets. WITNESS the following signature: 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; 1K , Name: J n than R. Roller Title: M er Aut orized Representative Date: State of Virginia City of Charlottesville, to wit: Sworn to and subscribed before me this 11d "M day of 11laygmeap 2022, by Jonathan R. Roller, Manager, on behalf of Ecosystem Services, LLC. My commission expires: 9131/Z U Notary Public Acquirer: Southwood Charlottesville, L.L.C. Nutrient Offset Bank: Ivy Nutrient Bank �,pCSO N KSO& Bank Sponsor HUC: 0208 204k ••• •s'• Name of Project: Southwood Redevelopment Villaee 1 Amendment .`• '.NOTARY WPO:2019-00062 Project HUC: 02080204 PUBLIC �r = 3 REO # 7737689 •; N Phosphorus Offsets: 0.04 pounds My COMMISSION. Nitrogen Offsets: 0.06 pounds S EXPIRES J" Q Sediment Offsets: 12.61 pounds �5'•, 8/3112025 TMP: 090A 1-00-00-001 DO � ..... I OF,\�``••• reee� i �TMtt�•�,•