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148 with the centerline of the Rocky River the following fourteen (14) courses and distances: (1) South 54-18-57 East 33.32 feet to a point; (2) South 83-54-55 East 53.15 feet to a point; (3) North 69-50-06 East 47.26 feet to a point; (4) North 54-05-27 East 69.58 feet to a point; (5) North 73-58-16 East 68.09 feet to a point; (6) South 62-04-59 East 113.61 feet to a point; (7) South 84-15-12 East 105.71 feet to a point; (8) North 73-26-47 East 156.66 feet to a point; (9) South 67-21-40 East 148.45 feet to a point; (10) South 80-04-43 East 91.80 feet to a point; (11) North 57-45-11 East 129.76 feet to a point; (12) North 80-54- 02 East 75.80 feet to a point; (13)~South 84-58-32 East 103.36 feet to a point; and (14) South 31-19-52 East 109.02 feet to a point in the western margin of the right-of-way of U.S. Interstate 85; thence running with the western margin of the right of way of U.S. Interstate 85 with the arc of a circular curve to the right having a radius of 11,016.55 feet, a chord bearing and distance of South 28-53-37 West 273.98 feet, an arc distance of 273.98 feet to the point or place of BEGINNING and being 20.28 acres and being a portion of "Southwest Portion of Kings Grant" as shown on a survey of A Portion of "Kings Grant" (Map 2), by Joseph W. Hendrick, N.C.R.L.S. of ESP Associates, P.A. dated May 7, 1989 last revised June 11, 1989, to which survey reference is made for a more particular description of the Property. TRACT C: Lying and being in No. 2 Township, Cabarrus County, North Carolina and being more particularly described as follows: BEGINNING at a point in the southeasterly right of way margin of U.S. Interstate 85, said point being located along said margin with the arc of a circular curve to the right having a radius of 11,620.56 feet, an arc distance of 143.30 feet and a chord bearing of South 30-20-13 West a chord distance of 143.30 feet from an existing concrete monument having N.C.G.S. coordinates of North (Y) Goord. ~ 595,117.197 and East (X) Coord. - 1,490,448.066, and running thence from said BEGINNING point South 04-59-00 East 196.90 feet to a point; thence North 86-11-00 West 131.05 feet to a point in the southeasterly right of way margin of U.S. Interstate 85, thence along said margin of U.S. Interstate 85 with the arc of a circular curve to the left having a radius of 11,620.56 feet an arc distance of 219.20 feet and a chord bearing of North 31-13-50 East a chord distance of 219.20 feet to the point and place of BEGINNING, and containing 0.29 acre and being a portion of the "Mideast Portion of Kings Grant" as shown on a survey of a portion of "Kings Grant" (Map 4) survey for McNair/Landex King's Grant Project dated May 10, 1989 and last revised June 11, 1989 by Joseph W. Hendrick, N.C.R.L.S. of ESP Associates, P.A., to which survey reference is hereby made for a more particular description of the property. There being no further business to come before the Board, Chairman Lentz recessed the meeting until 6:00 P.M. on June 29, 1989. Clerk to the Board