HomeMy WebLinkAboutWPO202200032 Agreement - Nutrient Credits 2023-03-23AFFIDAVIT 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 March 231, 2023 (the
"Agreement"), between the Ivy Creek Nutrient Bank (as Seller) and Berkmar Holdings, L.L.C.
("Acquirer"), the Company, for the benefit of the Acquirer, agreed to sell 5.19 pounds of phosphorus offsets
and retire 7.99 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 1,636.57 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; k
Name: Jona n R. Roller
Title: Mana r-Authorized Reoresenl
State of Virginia
City of Charlottesville, to wit:
Sworn to and subscribed before me this 30fV day of Agreeo 2023, by
Jonathan R. Roller, Manager, on behalf of Ecosystem Services, LLC.
My commission expires: W/3 �2alj
Notary Public
Acquirer: Berkmar Holdings. L.L.C.
Nutrient Offset Bank: Ivy Creek Nutrient Bank
Bank Sponsor HUC: 02080204
Name of Project: Berkmar Self -Storage
WPO: WP0202200032
Project HUC: 02080204
Phosphorus Offsets: 5.19 pounds
Nitrogen Offsets: 7.99 pounds
Sediment Offsets: _ 1,636.57 pounds
TMP: 04500-00-00-11200 and 04500-00-00-112EO