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260
<br />
<br />EXHIBIT
<br />
<br />TRACT 1:
<br /> That certain tract or parcel of land located in or near the City of
<br />Concord, Number 2 Township, Cabarrus County, fronting on the western side of
<br />Pitts School Road and being more particularly described as follows:
<br />
<br /> BEGINNING at an iron pin in the Eastern margin of the paved portion of
<br />Pitts School Road, said point of BEGINNING being in the Southern line of the
<br />property of Peyton Pharr and Mary Lou Allred (now or formerly) (See Tax Pin
<br />#5509-41-5028; and also see Deed Book 1432 at Page 19, Tract 2, and Deed Book
<br />1432 at Page 21, Tract 2); and also being the Northwestern front corner of
<br />the lands of C. Manley Caudle, Jr. and wife, Annette Caudle (now or formerly)
<br />(See Tax Pin #5509-50-6324; and also see Deed Book 1179 at Page 283); said
<br />point of BEGINNING also being South 70-33-44 West 23°00 feet from the
<br />Southeastern front corner of Peyton Pharr and Mary Lou Allred which is in the
<br />Eastern right-of-way of Pitts School Road; and runs thence with a line in the
<br />paved portion of Pitts School Road, South 07-57-37 West, 1232.18 feet to an
<br />iron pin in the line of CMS Development Company (now or formerly) (See Tax
<br />Pin #5508-46-1614; and also see Deed Book 618 at Page 204); thence with the
<br />Northern line of CMS Development Company, North 83-07-27 West, 928.04 feet to
<br />an iron pipe; thence continuing with the line of CMS Development Company the
<br />following three (3) calls and distances: (1) South 80-22-59 West, 262.44 feet
<br />to an axle; (2) North 67-43-46 West 181.03 feet to an iron pipe; (3) North
<br />18-34-56 West, 512.41 feet to a flat iron in the Southern line of Peyton
<br />Pharr and Mary Lou Allred as previously mentioned; thence with the Southern
<br />line of Peyton Pharr and Mary Lou Allred the following two (2) calls and
<br />distances: (1) North 69-23-57 East, 247.53 feet to an axle; (2) North
<br />70-33-44 East, 1537.50 feet to an iron pin at the point and place of
<br />BEGINNING, and containing 29.735 acres as shown on boundary survey titled
<br />"Boundary Survey of C. Mo Roseman, Peyton Pharr and Mary Lou Allred Property"
<br />prepared by Concord Engineering and Surveying, Inc., and dated July 31, 1998,
<br />to which boundary survey reference is hereby made for a more particular
<br />description of the property.
<br />
<br />TRACT II:
<br /> Lying and being in Cabarrus County, City of Concord, No. 2 Township,
<br />and beginning at a set iron pin within the right-of-way of Pitts School Road,
<br />said iron pin being the northeast corner of the property of C.M. Roseman and
<br />wife, Wilda F. Roseman (now or formerly - See Deed Book 390, Page 494); and
<br />running thence with the property line of said Roseman the two (2) following
<br />courses and distances: (1) South 70-33-44 west, 1537.50 feet to an existing
<br />iron pin (passing a set iron pin at 36.52 feet and an existing iron pin at
<br />979.20 feet); and (2) South 69-23-57 West, 247.53 feet to an existing iron
<br />pin, a corner with the property of CMS Development Coo (now or formerly - See
<br />Deed Book 618, Page 204); running thence on a property line with said CMS
<br />Development Co., South 71-41-35 West 299.93 feet'to an existing iron pin, a
<br />corner with the property of Morris Family Limited Partnership (now or
<br />formerly - See Deed Book 1351; Page 125); running thence on six (6) courses
<br />and distances with the property lines of the Morris Family Limited
<br />Partnership as follows: (1) North 24-29-47 East, 503.00 feet to a set iron
<br />pin; (2) North 04-35-10 East 427~00 feet to an existing iron pin; (3) North
<br />39-06-39 East, 125.10 feet to an existing iron pin; (4) North 39-06-39 East
<br />600.45 feet to an existing iron pin; (5) North 39-06-39 East, 332.91 feet to
<br />an existing iron pin; and (6) North 62-06-55 East, 788.63 feet to a set iron
<br />pin (passing a set iron pin at 763.14 feet) in the centerline of Pitts School
<br />Road (said iron pin being located South 62-08-55 West, 20.28 feet from an
<br />existing iron pin located at NAD 83 Grid Coordinates: N=592119.3947 and
<br />E=1505129.4871); and running thence with the centerline of Pitts School Road
<br />and continuing beyond such centerline the following course and distance:
<br />South 15-29-33 East, 1424.64 feet to an existing iron pin located on the
<br />south side of Pitts School Road; and running thence South 70-33-44 West,
<br />23.00 feet to a set iron pin, the point and place of BEGINNING. The foregoing
<br />description was taken from a plat of survey prepared by Concord Engineering
<br />and Surveying, Inc., dated July 31, 1998 (Job No. 98-07-08) and entitled
<br />'~Boundary Survey of: C.M. Roseman, Peyton Pharr and Mary Lou Allred Property"
<br />and containing 47.865 acres, more or less. The above described property is
<br />the same property as Tract 2 described in that certain deed recorded in Book
<br />1432 at Page 21 of the Cabarrus County Registry, as taken from the above
<br />mentioned updated plat of survey.
<br />
<br />Presentation - Cabarrus / S. Rowan Transit Feasibility Study - Robert N.
<br />Pressle¥, PE
<br />
<br /> Ms. Sarah LaBelle, Coordinator for the Metropolitan Planning
<br />Organization (MPO), introduced Ms. Lisa Dyer of the Public Transit Division
<br />
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