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HomeMy WebLinkAboutZC 269; Lusk & Son, John D.; 82-361932; Public Facilities Fee Agreement/ReleaseREdORDIbG REQUESTED BY AND WHEN RECORDED 'MAIL TO: .- CITY OF CARLSPAD ; 1200 Elm Avenue Carlsbad, Califor',;ia 92008 982 No! 23 F”i;i 1: 4 1 No 1 vjT;?A, , 1.1. 1 Space above this line DR Et kb%&ieif!?s ).I s e I Documentary transfer tax: $ No fee Signature of declarant determining tax-firm name City of Carlsbad -. Parcel No. AGREEMENT BETWEEN DEVELOPER-OWNER AND THE CITY OF CARLSBAD FOR THE PAYMENT OF A PUBLIC FACILITIES FEE THIS AGREEMENT is entered into this 12 day of October , 1982 by and between John D. Lusk & Son, . (name of developer-owner) l . a Cw Cnrnnrn t i nn , .hereinafter referred to as (Corporation, partnership, etc.) "Developer" whose address is 17550 Gillette. (street) CA 92713 -and THE CITY OF (City, state, zip code) . . .~ CAR.LSBAD, a municipal corporation of the State of California, hereinafter referred to as "City", whose address Carlsbad, California, 92008. WITNESSETH: WHEREAS, Developer is the owner of the real on Exhibit "A:, attached hereto and made a part of this agreement, hereinafter referred to as "Property"; and WHEREAS, The Property lies within the boundaries 0.f City; and . . WHEREAS, Develop.er proposes a development of the property * ; 1447 - .i on, said Property, which. development carries the PL posed name of (unknown) and is hereafter referred to as "Development"; and , ','. WHEREAS, Developer filed on the 12th day of October 3 19 82 , with the City a request for Property rezoning from RA-10,000 to RDM (Residential Density Multiple) and Q (Qualified Overlay Zone) -aLF hereinafter referred to as "Request"; and WHEREAS, the Public Facilities Element of the City General Plan requires that the City Council find that all public facilities necessary to serve a development will be available concurrent with need or such development shall not be approved (said element is on file with the City Clerk and is incorporated by this reference); and WHEREAS, Developer and City recognize the correctness of Council Policy No, 17, dated April 2, 1982; in file with the City Clerk and . incorporated by this reference, and that the City's public facilities and services are at capacity and will not be available to accommodate the additional need for public facilities and services resulting from the proposed Development; and WHEREAS, Developer has asked the City to find that public facilities and services will be available to meet the future needs of the Development as it is presently proposed; but the Developer is aware that the City cannot and will not be able to make any such finding without financial assistance to pay for such services and facilities; and therefore, Developer proposes to help satisfy the General Plan as implemented by Council Policy No. 17 by payment of a public facilities fee. -2- REV 4-2-82 . . . ‘. ’ iJ 1448 - . - XOW, THEREFORE, 1 consideration of the ret .als and the L covenants contained herein, the parties agree as follows: 1. The Developer shall pay to the City a public facilities fee f . in an amount not to excel’d 2% of the building permit valuation of the building or structures to be constructed in the Development pursuant to the Request. The fee shall be paid prior to the issuance of building or o’ther construction permits for the development and shall be based on the valuation at that time. This fee shall be in addition to a’ny fees, dedications or improvements required pursuant to Titles 18, 20 or 21 of the Carlsbad Municipal Code. Developer shall pay a fee for conversion o f existing building or structures into condominiums in an amount not.to exceed 2% of the building permit valuation at the time of conversion. The fee for a condominium conversion shall be paid prior to the issuance of a condominium conversion permit as provided in Chapter 21.47 of the . Carlsbad Municipal Code. Condominium’shall i-nclude community apartment or stock cooperative. The terms’ “other construct ion permits”, “other construction permit” and “entitlement for use” as used in this agreement, except in reference to mobilehome sites or projects, shall not refer to grading permits or other permits for the construction of underground or street improvements unless no other permit is necessary prior to the use or occupancy for which the development is intended. Developer shall pay to City a public facilities fee in the sum of $1,150 for each mobilehome space to be constructed pursuant to the Reque‘st. The fee shall be paid prior to the issuance of building or other construction permits for the development. This fee shall be in addition to any f’ees, dedications or improvements required according to Titles 18, 20 or 21 of the Carlshad Nunicipal Code. -3- REV 4-2-82 1449 , 2. The Developer may offer to donate a site or sites for public facilities in lieu of all or part of the financial obligation agreed upon in Paragraph 1 above. If Developer offers to donate a sit,e. or sites for public facilities, the City shall consider, but is not obligated to,accept the offer. The time for donation and amount of credit against the fee shall be determined by City prior.to the issuance of any building or other permits. Such determination, when made, shall become a part of this agreement. Sites,donated under this paragraph shall not include improvements required pursuant to Titles 18 or 20 of the Carlsbad Municipal Code. 3. This agreement and the fee paid pursuant hereto are required to ensure the consistency of the Development with the City's General Plan. If the fee is not paid as provided herein, the City will not have the funds to provide public facilities and services, and the development will not be consistent with the General Plan and any l approval or permit for the Development shall be void. No building or other construction permit or entitlement for use shall be issued until the public faciLities fee required by this agreement is paid. 4. City agrees to deposit the fees paid pursuant to this agreement in a public facilities fund for the financing of public facilities'when the City Council determines the need exists to provide the facilities and sufficient funds from the payment of this and similar public facilities fees are available. 5. City agrees to provide upon request reasonable assurances to enable Developer to comply with any requirements of other public agencies as evidence of adequate public facilities and services sufficient to accommodate the needs of the Development herein described. -4- I-TIT,, 1.-3-Q’) 1 I ’ .’ * I ’ . ’ -6 l All obligatior.- hereunder shall terminate-n the event the Requests made by Developer are not approved. 7. Any notice from one party to the other shall be in writing, and shall be dated and signed by the party giving such notice or by a duly authorized representative of such party. Any such notice shall not be effective for any purpose whatsoever unless served in one of the following manners: 7.1 If notice is given to the City of personal delivery thereof to the City or by depositing same in the United States Mail, - addressed to the City at the address set forth herein, enclosed in a sealed envelope, addressed to the City for attention of the City Manager, postage prepaid and certified. 7.2 If notice is given to Developer by personal delivery. thereof to Developer or by depositing the same in the United States Mail, enclosed in a sealed envelope, addressed to Developer at the address as may have been designated, postage prepaid and certified. 8. This agreement shall be binding upon and shall inure to the benefit of, and shall apply to, the respective successors and assigns of Developer and the City, and references to Developer or City herein shall be deemed to be reference to and include their respective successors and assigns without specific mention of such successors and assigns. If Developer should cease to have any interest in the Property, all obligations of Developer hereunder shall terminate; provided, however, that any successor of Developer’s interest in the property shall’have first assumed in writing the Developer’s obligations hereunder. 9. This agreement shall be recorded but shall not create a lien or security interest in the Property. When the obligations of this agreement have been satisfied, City shall record a release. -5- REV 4-2-82 . - - .f . ~ .‘ : ,“b 1451 . IN WITNESS WHEREOF, this agreement is executed in San Diego County, California as of the date first written above. DEVELOPER-OWNER: CITY OF CARLSBAD, a municipal corporation of the State of California Donovan D. Huennekens, President BY City Manager ATTEST: ALETHA L. RAUTENKRANZ, City Cler APPROVED fi FORM: INCENT F. BIONDO, JR., , *City Attorney (Notarial acknowledgement of execution by DEVELOPER-OWNER must be attached.) I -6- REV 4-2-82 i TO I.41 CA (0.74) (Corporation) ‘P 1452 STATE OF CALIFORNIA COUNTYOF ORANGE ss. on Tsovabr 4, 1982 before me, the State, personally appeared DonovanD.Huennekens Signature undersigned, a Notary Public in and for said known to me to be the known to me to be Sr* ‘ice president President, w of the corporation that executed the within Instrument, known to me to be the persons who executed the within Instrument on behalf of the corporation therein named, and acknowledged to me that such corporation executed the within instrument pursuant to its by-laws or a resolution of its board of directors. WlTNESS my hand and official seal. an,j Donald D. SteffC?lIS3I ' , +*++*c*~+*~~*4**4~44~ OiFlCiirL SEAL JAp.!:: :; /., PiF;WHE :. NOTAl?i’ ~‘:,.!~,I~:.C~!.~.~;-ORNIA 9” O!li.rd(.:E Cp!jp:-f) : My Comcxston Ei.pires Uec 13 1985 t l ~~~*~~,~~~t~4,~~~~)~~~~~~4~~~ (This area for 0fTicial notarial seal) .- ., . ’ ! 1453 ATTACHMENT "A" LEGAL DESCRIPTION THE LAND REFERRED TO HEREIN IS SITUATED IN THE STATE OF CALIFORNIA, COUNTY OF SAN DIEGO* AND IS DESCRIBED AS FOLLOWS: PARCEL 1: THOSE PORTIONS OF LOTS 2q 3 THE NORTH l/3 OF LCT 4 AQD THE EAST HALF OF THE NORTHEAST OUAKTER OF SECTION 29~ TOWNSHIP 12 SOUTH* RANGE 4r WEST, SAN BERNARDINO MERIDIAN* IN THE CITY OF CARlSBADv IN THE COUNTY OF SAN DIEGO* STATE OF CALIFCRNIAe ACCORDING TO OFFICIAL FLAT THEREOF* LYING SOUTHWESTERLY OF THE SOUTHWESTERLY LINE OF THE 200 FOOT RIGHT OF WAY OF THE ATCHISON, TOPEKA AND SANTA FE RAILROAD AND LYING EASTERLY OF THE EASTERLY LINE OF PARCEL S-A AS DESCRIBED IN THE FINAL ORDER OF CONDEMNATION IN SUPERIOR COURT OF SAN OIEGO COUNTYT CASE NO. 165983~ A COPY OF WHICH BEING RECORDED APRIL 239 1952~ AS DOCUMENT NO. 50269 Ilv BOOK 44449 PAGE 395 OF OFFICIAL RECORDS* SAID EASTERLY LINE BEING DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTH LINE OF SAID FRACTIONAL SECTION 299 DISTANT THEREON NORTH 89’ 49’ 10” WEST 325.97 FEET FROM THE CORNER COMMON TO SECTIONS 28~ 299 32 AND 339 TOWNSHIP 12 SOUTH* RANGE 4 WEST- SAN BERNARDINO MERIDIAN, SAID POINT ALSO BEING DISTANT ALONG SAID SOUTH LINE SUUTH 89’49’10” EAST 88.23 FEET FROM ENGINEERS STATION 196 PLUS 46.33 ON THE CENTER LINE OF THE DEPARTMENT OF PUBLIC WORKS SURVEY MADE IN 1947 BETWEEN HALF MILE SOUTH OF SAN MARCOS CREEK AND 2.2 MILES SOUTH OF CARLSBADr ROAD XI-SD-2-B; THErICE ALGNG A LINE PARALLEL WITH AND DISTANT 80.00 FEET EASTERLY AT RIGHT ANGLES FROM THE CENTER LINE OF SAID SURVEY NORTH 24’45.30” WEST 72.54 FEET; THENCE ALONG A TANGENT CURVE TO THE RIGHT dITH A RADIUS GF 6~120 FEET THROUGH AN ANGLE OF 4°55’30” A DISTANCE OF 526.06 fEET; THENCE NORTH L9*50* WEST 3628.47 FEET; THENCE ALONG A TANGENT CURVE TO THE RIGHT WITH A RADIUS OF 19r846 FEET THROUGH AN ANGLE OF 0’22’46” A DISTANCE OF 131.43 FEE1 TO A PdINT ON THE NORTH LIKE OF SAID LOT 2, DISTANT ALONG SAX0 NORTH LINE SOUTH 89’55’53” WEST 466.01 FEET FROM THE NORTHEAST CORNER OF SAID LOT 2, SAID PUINT ALSO dEIKG DISTANT ALONG SAID NORTH LINE OF LOT 2 NORTH 89’55.53” EAST 84.78 FEET FROM ENG1NEER.S STATION 240 PLUS 28.54 ON THE CENTER LINE OF SAID SURVEY. EXCEPTING THEREFROM SAID LOT 39 THAT PORTION CONVEYED TO THE COUlvTY OF SAN DIEGOI IN PARCEL 2 OF DIRECTORS DEED RECORDED DECEMBER 22, 19669 FILE NO. 198819 OF OFFICTAL RECORDS. ALSO EXCEPTING THEREFROM ANY PORTIONI NOti OR HERETOFORE LYING BELOW THE MEAN hlGH TIDE LINE OF THE PACIFIC OCEAPI;. EXCEPTING THEREFROM THAT PORTION DESCRIBE0 AS FOLLOWS: COMMENCING AT THE SOUTHERLY TERMIKUS OF COURSE t5 OF PARCEL ONE OF THAT CERTAIN DIRECTORS DEED CONVEYED TO THE COUhTY OF SAN DIEGO AND RECORDED ON DECEMBER 22, 1966 AS FILE/PAGE NO. 198819 SAID COURSE NO. 5 HAVING A BEARlNG AND DISTANCE Of NORTH 13’05’20” WEST, 20.00 FEET; THENCE ALONG THE SOUTHERLY PROLONGATION Of SAID COURSE SOUTH L3’46*30no EAST 28.75 FEE1 TO A 1099088 PAGE 9 -I . . . * ’ *. ,! ,b 1454 LINE HAVING A BEARING Of SOUTH 76’16.30” WEST. SAID LINE BEING SOUTH 13’46.30” EAST 28.75 FEET FRm THE NORTHERLY LINE OF POINSETTIA LANE MEASURED ALONG THE SOUTHERLY PROLONGATION OF SAID COURSE NO. 5; THENCE SOUTH 76’16’30’ WEST 1155.57 FEET TO THE INTERSECT101 WITH THE WESTERLY RIGHT OF WAY OF THE ATLHISON, TOPEKA AND SANTA FE RAILROAD COMPANYI SAID POINT OF INTERSECTION bEING THE TRUE POINT OF BEGINNING AND BEING DISTANT SOUTH 21’06’51”’ EAST 27.97 FEET FROM THE NORTHERLY LINE OF POINSETTIA LAND AS MEASUKED ALONG THE WESTERLY RIGHT Of IdAY OF SAID RAILROAD COWANY; THENCE ALONG SAID WESTERLY RIGHT OF WAY LINE NORTH 21’08’51” WEST 51.43 FEET TO A LINE PARALLEL WITH AND DISTANT NORTHERLY 51.00 FEET MEASURED AT RlGHT ANGLES TO THE ABOVE MENTIONED LINE HAVING A BEARING AND DISTANCE OF SOUTH 76’16’30” WEST 1155.57 FEET; THENCE ALONG SAID PARALLEL L INE SOUTH 76’ 16.30” WEST 495.77 FEET T’3 THE INTERSECTION WITH THE EASTERLY RIGHT OF WAY LINE OF THE STATE HIGHWAY AS DESCRIBED IN PARCEL 5A OF FINAL ORDER Uf CONDEMNATION IN SUPERIOR COURT OF SAN DIEGO COUYTY CASE 2 165983 FILED IN THE OFFICE OF THE COUNTY CLERK OF SAID COUNTY; THENCE ALONG SAID EASTERLY LINE SOUTH 19-50’19” EAST 51.29 FEET; THENCE NORTH 76’ 16’30” EAST 496.95 FEET TO THE TRUE POINT OF BEGINNING. EXCEPT THEREFROM THOSE PORTION5 PREVIOUSLY DEDICATED To THE PUBLIC USE AS DESCRISED IN THE AFOREMENTIONED DIRECTORS DEED RECORDED DECEMBER 22, 1966 AS FILE/PAGE NO. 196819. ALSO EkCEPTING THEREFROfl THAT PORTION DESCRIaED AS FOLLOWS: COMMENCING AT THE SOUTHERLY TERMIKUS OF COURSE 15 OF PARCEL ONE OF THAT LERTAIN DIRECTORS DEED CONVEYED TO THE COUNTY OF SAN DIEGO ArJD RECOROED ON OECEMBER 22, 1966 AS FILE/PAGE ND. 198819 SAID COURSE NO. 5 HAVING A BEARING AND DISTANCE OF NORTH 13.U5’20“ WEST, 20.00 FEET; THENCE ALONG THE SOUTHEKLY PROLONGATION OF SAID COURSE SOUTH 13’46’30” EAST 28.75 FEET TO A LINE HAVING A BEARING DF SOUTH 76’ L6.30” WEST. SAID LINE BEING SOUTH 13’46’30” EAST 28.75 FEET FROH THE NORTHERLY LINE OF POINSETTIA LANE MEASURED ALONG THE SOUTHERLY PROLONGATION OF SAID COURSE NO. 5; THENCE SOUTH 76’16’30” WEST 1155.57 FEET TO THE INTERSECTION WITH THE WESTERLY RIGHT OF WAY OF THE ATCHlSGN, TOPEKA AND SANTA FE RAILROAD COMPANY. SAID POINT OF INTERSECTION BEING THE TRUE POINT OF GEGINNING AND BEING DISTANT SOUTH 2 1’ 08.51” EAST 27.97 FEET FRO w THE NORTHERLY LINE OF POINSETTIA LANE AS MEASURED ALONG THE WESTERLY RIGHT OF WAY OF SAID RAILROAD COMPANY; THENCE ALONG SAID WESTERLY RIGHT OF WAY LINE SOUTH 2l’u8’51” EAST 51.43 FEET TO A LINE PARALLEL WITH AND DISTANT SOUTHERLY 51.00 FEET MEASURED AT RIGHT ANGLES TO THE ABOVE MENTIONED LINE HAVING A BEARING AND DISTANCE OF SOUTH 76’16’30” WEST 1155.57 FEET; THENCE ALUNG SAX0 PARALLEL LINE SOUTH 76’16m30” WEST 498.13 FEET TO THE IhTERSECTION WITH THE EASTERLY RIGHT OF WAY LINE OF THE STATt HIGHWAY AS DESCRIBED IY PARCEL 5A OF FINAL ORDER OF CONDEHNATION IN SUI’ERIGR COURT OF SAN DIEGO COUNTY CASE ;: 165983 FILED IN THE OFFICE OF THE COUNTY CLERK OF SAID COUNTY: THENCE ALONG SAID EASTERLY LINE NORTH 19’50’19” WEST 51.29 FEET; THENCE NORTH 76-16’30” EAST 496.95 FEET TO THE TRUE QUINT OF BEGINNING. EXCEPTING THEREFROM THOSE PORTIONS PREVIOUSLY DEDICATED TO THE PUBLIC 1099088 PAGE 10 USE AS DESCRIBED IN THE AFOREMENTIONED DIRECTORS DEED RECORDED DECEHBE R 22 9 1966 AS FILE/PAGE NO. 198819. ALSO EXCEPTING THEREFROM ALL OIL AND MINERAL RIGHTS BELOW 500 FEET WITHOUT RIGHT OF SURFACE ENTRY AS RESERVED BY Am L. SHIPLEYI JR., CONSERVATOR OF THE ESTATE OF GEORGE HI CAPRCN IN DEED RECORDED JUNE 30~ 1969, F I LE/PAGE NO. 116905. PARCEL 2: THOSE PORT(ONS Of THE EAST HALF OF SECTION 29 AND THE wEST HALF OF SECTION 28~ TOWNSHIP 12 SOUTH, RANGE 4 wESTv SAN BERNARCINO nERIDIANI 1N THE CITY OF CARLSBADv IN THE COUNTY OF SAN DIEGO* STATE Of CALIFORNIA, ACCORDING TO OFFICIAL PLAT THEREOF9 DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF THE EAST HALF OF THE NORTHEAST QUARTER OF SAID SECTION 29; THENCE ALONG THE NGRTHERLY LINE OF SAID EAST HALF OF THE NLiRTHEAST QUARTER NORTH 89’S8m20a EAST 294.68 FEET TO THE BEGINNING OF A TAMGENT CURVE CONCAVE SOUTHWESTERLY HAVING A RADlUS OF 600.00 FEET; THENCE SOUTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE Of 63’10*41” AN ARC DISTANCE OF 661.60 FEET; THENCE TANGENT TO SAID CURVE SOUTH 26’SOeS9” EAST 389.48 FEET TO THE BEGINNING Of A TANGENT CURVE CCNCAVE WESTERLY HAVING A RADIUS OF 1700.00 FEET; THENCE SOUTHERLY ALOhG SAID LAST MENTIONEO CUKVE THROUGH A CENTRAL ANGLE OF 9- 37’29” AN ARC DISTANCE OF 285.57 FEET; THENCE TANGENT TO SAID LAST MENTICNED CURVE SOUTH 17. 13’30” EAST 1187.36 FEET TO THE BEGINNING OF A TAYGENT CURVE CONCAVE WESTERLY HAVING A RADIUS OF 1250.00 FEET; THENCE SOUTHERLY ALONG SAID LAST MENTIONED CURVE* THROUGH A CENTkAL ANGLE OF 23’30‘00” AN ARC DISTANCE OF 512.69 FEET TO THE BEGINNING OF A EVERSE CURVE CONCAVE EASTERLY HAVING A RADIUS OF 500.00 FEET; THENCE SOUTHERLY ALONG SAID LAST ME?r(TIONED CURVE TO AN INTERSECTION UITH THE NORTHERLY LINE OF THAT CERTAIN PARCEL OF LAND DEEDED TO THE COUNTY OF SAN DIEGO IN PARCEL 1 OF DIRECTORS DEED RECORCEO DECEMBER 22~ 1966~ RECORDER’S FILE NO. 198819 OF OFFICIAL RECORDS; THENCE SOUTH 76’54*40” WEST ALONG SAID NORTHERLY LINE TO THE EASTERLY LINE OF THE 200.00 FOOT ATCHISON, TOPEKA AND SANTA FE RAILHAY COMPANY RIGHT OF WAY; THENCE ALONG SAID EASTERLY LINE NORTH 21’08~1Sn WEST TO THE WEST LINE OF SAID EAST HALF OF THE NORTHEAST QUARTER; THENCE ALONG SAID HEST LINE NORTH OD= 02.ZO- WEST 765.33 FEET TO THE POINT OF BEGINNING. EXCEL’TING THEREFROM THAT PORTION DESCRIBED AS FOLLOWS: COMMtiNCING AT THE SOUTHERLY TERMINUS DF COURSE $S Of PARCEL ONE OF THAT CERTAIN DIRECTURS DEED CONVEYED TO THE COUNTY OF SAN DIEGO AND RECORDED ON DECEMBER 221 1966~ RECORDER’S FILE NO. 198819 SAID COURSE NO. 5 HAVING A BfARING AN0 DISTANCE Of NI)RTH 13’05’20” WESir 20.00 FEET; THENCE ALONG THE SOUTHERLY PROLONGATION OF SAID COURSE SOUTH 13’46*3U” EAST 28.75 FEET TO A LINE HAVING A BEARING OF SOUTH 76’16’30” UESTT SAID LINE E!EING SOUTH 13’46’30” EAST 28.75 FEET FROM THE NORTHERLY LINE OF PCINSETTIA LANE MEASURED ALCNG THE Si)UTHERLY PROLONGATION OF SAID 1099088 PAGE 11 ” c, . . . . .,- , ’ . . I _ _- ’ pb 1456 COURSE NO-S; THENCE SOUTH ?6’16*30” WEST 243.98 FEET TO THE TRUE POINT OF BEGINNING; SAID POINT BEING THE SOUTHERLY TERMINUS Of THAT CERTAIN COURSE CITED AS BEING A CURVE HAVING A RADIUS OF 500.00 FEET AND AN ARC DISTANCE OF 174.53 FEET IN PARCEL 2 IN DEED TO JOHN 01 LUSK t SONT A CALIFORNIA COHPURATIONT RECORDED JANUARY 9~ 1973~ RECORDER@ S Fi LE NO. 73-006848~ OFFICIAL RECORDS OF SAID SAN DIEGO COUNTY; THENCE CONT INU ING SOUTH 76’16*30” WEST 709.90 FEETI -RECORD -710.09 FEET-T TO THE INTERSECTION WITH THE EASTERLY RIGHT OF WAY LINE OF THE ATCHISONT TOPEKA AND SANTA FE RAILROAD COMPANY SAID POINT OF INTERSECTION BEING DISTANT SOUTH 21’08’S1a EAST 28.15 FEET FROM THE NORTHERLY LINE OF POINSETTIA LANE AS MEASURED ALONG THE EASTERLY RIGHT OF UAY OF SAID RAILROAD COMPANY; THENCE ALONG SAID EASTERLY RI;HT OF WAY LINE NORTH 21’08e51m UEST 51.43 FEET TO A LINE PARALLEL CliTH AN0 DISTANT NORTHERLY 51.00 FEET MEASURED AT RIGHT ANGLES TO THE ABOVE MENTIONED LINE HAVING A BEARIN AND DISTANCE OF SOUTH 76’16@30” WEST 709.90 FEET; THENGE ALONG SAID PARALLEL LINE N@RTH 76’16’30” EAST 719.15 FEET TO THE INTERSECTION WITH A NON TANGENT CURVE CONCAVE EASTERLY AND HAVING A RADIUS OF 500.00 FEET- SAID CURVE BEING THE ABOVE MENTIONED CURVE HAVING A RADIUS OF SOO,00 FEET* A RADIAL FROM SAID POINT BEARS NORTH t32-07’45” EAST; THENCE SOUTHERLY ALONG SAID CURVE THROUGti A CENTRAL ANGLE OF S’Sl*lS” AN ARC LENGTH OF 51.09 FEET TO THE TRUE POINT OF BEGINNING- EXCEPTING THEREFROM THOSE PORTIONS PREVIOUSLY DEDICATED TO THE PIJBLIC USE AS DESCRIBED IN THE AFORECENTIONED DEED RECORDED DECEMBER 22~ 1966~ RECORDER’S FILE NO. 198819. ALSO EXCEPTING THEREFROM ALL OIL AND MINERAL RIGHTS BELOW SO0 FEET WITHOUT RIGHT OF SURFACE ENTRY AS RESERVED dY A.L. SHIPLEYT JR-T CONSERVATOR OF THE ESTATE OF GEORGE HI CAPRDN IN DEED RECORDED JUNE 309 19tB9T REC0RDER.S FILE NO. 116905. “NOTE : WE AKE ENCLOSING HEREWITH OUR BILL FOR CHARGES INCURRED IN THE ISSUANCE OF THIS TITLE REPORT IN THE AMGUNT OF ~150.00 SHOULD YGU REQUIRE A SUBSEQUENT POLICY AND WHERE NO MAJOR CHANGE IN THE TITLE REPORT HAS OCCURRED SINCE THE ISSUANCE OF THIS REPORTI THE ORDER MAY BE RE-GPENED AND THE CHARGE FOR THIS REPORT EXCLUDING ANY EXTRA WORK CHARGES MAY BE CREDITED ON A SUBSEQUENT POLICY CHARGE WITHIN THE FOLLOWING TIME PERIODS FROM THE DATE OF THE REPORT AS FOLLIJWS: UITHIN 24 MONTHS - loo PERCENT OF THE CHARGE MAY BE CREDITED TO THE FINAL POLICY CHARGE. OVER 24 BUT LESS THAN 36 MONTHS -- 50 PERCENT OF THE REPORT CHARGE MAY BE CREDITED TO THE FlNAL POLICY REYORT.” 1099088 PAGE 12