Credit Reservation and Purchase Option Agreement Sample Contracts

CREDIT RESERVATION AND PURCHASE OPTION AGREEMENT
Credit Reservation and Purchase Option Agreement • March 5th, 2024

Sundew Mitigation Bank, LLC, the Owner of the Sundew Mitigation Bank (hereinafter "Seller") does hereby reserve and set aside for future assignment for the sole benefit of City of Green Cove Springs (hereinafter “Buyer”) mitigation credits the Ratio equivalent of 0.69 Ratio Credits off Seller's St. Johns River Water Management District ledger and NA off Seller's U.S. Army Corps of Engineers ledger (collectively, the "Credits") from its Sundew Mitigation Bank.

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