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Membership Interest in Wetlands Mitigation Bank Business
Listing Information
Attachments
Membership Interest in Wetlands Mitigation Bank Business
Price: $498,035.17
Other Item Info
Item #: flnbke_129991
Created: 12/20/2021
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: Wed. Feb 16, 2022
Created: 12/20/2021
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: Wed. Feb 16, 2022
Seller Info
Robert Powell
Trustee's Attorney
127 Palafox Place Suite 200
Pensacola, FL 32502
850-466-4093
Trustee's Attorney
127 Palafox Place Suite 200
Pensacola, FL 32502
850-466-4093
Bankruptcy Info
Description
Auction Sale of the seller's membership interests in The Mary A II, LLC (the “Company”). The compamy owns and operates a wetlands mitigation bank pursuant to that certain St. John’s River Water Management District Permit Number 4-009-15931-10 and United States Army Corps of Engineers Permit Number SAJ-2002-01346 which allow the Company to sell wetlands mitigation bank credits subject to the terms and conditions of the permits.
The Mary A II, LLC (the “Company”) is a Florida limited liability company in which the seller scheduled direct ownership of a 60.42% interest and indirect ownership of a 5.04% interest by virtue of the seller's beneficial interest in the Capitol Capital Irrevocable Trust.
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Additional Details
- Auction Time: 3:00 p.m.
- Bid Amount: $498,035.17
- Bid Deposit: 10% of the total purchase price
- Last date to respond: 14 days from the date of service
- Date of Service: December 17, 2021