Loading...
HomeMy WebLinkAboutAMPC24-0001cORDINANCE NO. AMPC24-000 1 c AN ORDINANCE OF THE CITY OF DENTON, TEXAS, REGARDING A REQUEST FOR A MASTER PLANNED COMMUNITY MAJOR AMENDMENT TO AMEND A PORTION OF THE COLE RANCH MASTER PLANNED COMMUNITY DEVELOPMENT PLAN MAP FROM LIGHT INDUSTRIAL (LI) AND RESIDENTIAL 7 (M) BASE ZONING DISTRICTS TO MIXED-USE NEIGHBORHOOD (MN), MIXED-USE REGIONAL (MR), RESIDENTIAL 4 (R4), AND RESIDENTIAL 6 (R6) BASE ZONING DISTRICTS. THE APPROXIMATELY 3,169.4 ACRE SITE IS GENERALLY LOCATED WEST OF 1-35W, SOUTH OF TOM COLE ROAD. BOUNDED BY TOM COLE ROAD TO THE NORTH, BISECTED BY FM 2449 NEAR THE CENTER OF THE PROPERTY, AND BOUNDED ON THE EASTERN SIDE BY JOHN PAINE ROAD SOUTH OF FM 2449 AND UNDERWOOD ROAD NORTH OF FM 2449, IN THE CITY OF DENTON. DENTON COUNTY, TEXAS; ADOPTING AN AMENDMENT TO THE COLE RANCH MASTER PLANNED COMMUNITY DEVELOPMENT PLAN MAP; PROVIDING FOR A PENALTY IN THE MAXIMUM AMOUNT OF $2,000.00 FOR VIOLATIONS THEREOF; PROVIDING A SEVERABILITY CLAUSE AND AN EFFECTIVE DATE. (AMPC24-0001 c) WHEREAS, LJA Engineering, on behalf of the property owner, The Cole Ranch Company, L.P., requested a major Master Planned Community Amendment to amend portions of the Cole Ranch Master Planned Community Development Plan Map from Light Industrial (LI) and Residential 7 (R7) Base Zoning Districts to Mixed-Use Neighborhood (MN), Mixed-Use Regional (MR), Residential 4 (R4), and Residential 6 (R6) Base Zoning Districts, legally described in Exhibit “A”, and depicted in Exhibit ''B“ attached hereto and incorporated herein by reference (hereinafter, the “Subject Property”); and WHEREAS; The Cole Ranch Master Planned Community (MPC19-0001b) was adopted via City Ordinance on April 7, 2020; and WHEREAS, on January 29, 2025, the Planning and Zoning Commission, in compliance with the laws of the State of Texas, have given the requisite notices by publication and otherwise, and have held and afforded full and fair hearings to all property owners interested in this regard, and have recommended approval [4-0] of the request; and WHEREAS, on February 18, 2025, the City Council likewise conducted a public hearing as required by law, and finds that the request meets and complies with all substantive and procedural standards set forth in Section 2.7.3 of the Cole Ranch Master Planned Community Ordinance, and is consistent with the Denton 2040 Comprehensive Plan and the Cole Ranch Master Planned Community; and WHEREAS, the Planning and Zoning Commission and the City Council of the City of Denton, in considering the application for a Cole Ranch Master Planned Community Development Plan Map amendment and related zoning district changes for the Property, have determined that the proposed actions are in the best interest of the health, safety, morals, and general welfare of the City of Denton, and accordingly, the City Council of the City of Denton is of the opinion and finds that said Cole Ranch Master Planned Community Development Plan Map amendment and related zoning district changes are in the public interest and should be granted as set forth herein; NOW THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The findings and recitations contained in the preamble of this ordinance are incorporated herein by reference and found to be true. SECTION 2. The Cole Ranch Master Planned Community Development Plan Map and Phasing Plan base zoning districts for the Property, originally adopted via ordinance MPC19- 0001b, is hereby amended to remove portions of Light Industrial (LI) and Residential 7 (R7) base zoning districts and replacing with Mixed-Use Neighborhood (MN), Mixed-Use Regional (MR), Residential 4 (R4), and Residential 6 (R6) base zoning districts as depicted in Exhibits “C” and 'D“ SECTION 3. If any provision of this ordinance or the application thereof to any person or circumstance is held invalid by any court, such invalidity shall not affect the validity of the provisions or applications, and to this end the provisions of this ordinance are severable. SECTION 4. Any person, firm, partnership or corporation violating any provision of this ordinance shall, upon conviction, be deemed guilty of a misdemeanor and shall be punished by fine in a sum not exceeding $2,000.00 for each offense. Each day that a provision of this ordinance is violated shall constitute a separate and distinct offense. SECTION 5. In compliance with Section 2.09(c) of the Denton Charter, this ordinance shall become effective fourteen (14) days from the date of its passage, and the City Secretary is hereby directed to cause the caption of this ordinance to be published twice in the Denton Record-Chronicle, a daily newspaper published in the City of Denton, Texas, within ten (10) days of the date of its passage. The motion to approve this ordinance was made by Brandon Chase McGee and seconded by Jill Jester, the ordinance was passed and approved by the following vote [ 7 - 0 ] : Aye Nay Abstain Absent Mayor Gerard Hudspeth:X X X Vicki Byrd, District 1 : Brian Beck, District 2 : Paul Meltzer, District 3 :X Joe Holland, District 4:X Brandon Chase McGee, At Large Place 5 : X Page 2 of 23 Jill Jester. At Large Place 6:X PASSED AND APPROVED this the 18th day of February, 2025. car GERARD HUDSPETH, MAYOR ATTEST: LAUREN THODEN, CITY SECRETARY A\\\ljlllllf B II1(7 : APPROVED AS TO LEGAL FORM: MACK REINWAND, CITY ATTORNEY +'FBY: U Page 3 of 23 Exhibit A Legal Description TRACT 1 1 ,742.626 BEING A 1 ,742.626 ACRE TRACT OF LAND SITUATED IN THE JA BURN SURVEY, ABSTRACT NO. 132, THE B.B.B. & C.R.R. SURVEY, ABSTRACT NO. 176, THE 1.N HEMBRIE SURVEY, ABSTRACT NO. 594. THE C. MANCHACA SURVEY, ABSTRACT NO. 789, THE A.C. MADDEN SURVEY, ABSTRACT NO. 851 , THE J. McDONALD SURVEY, ABSTRACT NO. 873, THE T&P SURVEY. ABSTRACT NO. 1292, THE C.W BYERLY SURVEY, ABSTRACT NO. 1458, THE J.W. KJEIBERG SURVEY, ABSTRACT NO. 1610, AND THE T.C. CARRUTH SURVEY, ABSTRACT NO. 1707, CITY OF DENTON, DENTON COUNTY. TEXAS. AND BEING ALL OF THE REMAINDER OF A 2,049.00 ACRE TRACT OF LAND CONVEYED AS TRACT 1 : NORTH TRACT, (TRACT 1), TO SLF II COLE PROPERTY, L.P., AS RECORDED IN COUNTY CLERK’S FILE NO., (C.C.#) 2005-12276, (80% INTEREST), 2005-12277, (19.9% INTEREST), AND IN 2005-12278, (0.1 % INTEREST), OFFICIAL PUBLIC RECORDS, DENTON COUNTY, TEXAS, (0.P.R.D.C.T.). SAID 1,742.626 ACRE TRACT, WITH BEARING BASIS BEING GRID NORTH. TEXAS STATE PLANE COORDINATES, NORTH CENTRAL ZONE, NAD83 DATUM (NAD83 2011, EPOCH DATE 2010), DETERMINED BY GPS OBSERVATIONS, CALCULATED FROM DALLAS CORS ARP (PID-DF8984) AND DENTON CORS ARP (PID-DF8986), BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR A SOUTHWEST CORNER OF SAID TRACT 1 . SAID POINT BEING THE NORTHWEST CORNER OF FARM-TO-MARKET (F.M.) ROAD, NO. 2449, (A VARIABLE WIDTH RIGHT-OF-WAY), CONVEYED AS A 20.281 ACRE TRACT TO THE STATE OF TEXAS AND THE COUNTY OF DENTON, AS RECORDED IN VOLUME 489, PAGE 551, 0.P.R.D.C.T. AND BEING AT THE NORTHWEST END OF A CORNER CLIP AT THE INTERSECTION OF THE NORTH RIGHT-OF-WAY LINE OF SAID F.M. 2449 AND THE EAST RIGHT-OF-WAY LINE OF C. WOLFE ROAD, (A PRESCRIPTIVE RIGHT-OF-WAY), FROM WHICH A WOODEN HIGHWAY MONUMENT FOUND ON THE NORTH RIGHT-OF-WAY LINE OF SAID F.M. 2449 AND THE COMMON SOUTH LINE OF A 34.5165 ACRE TRACT OF LAND CONVEYED TO WENDELL W. JUDD AND WIFE DOROTHY J. JUDD. AS RECORDED IN VOLUME 1300, PAGE 963, OFFICIAL PUBLIC RECORDS, DENTON COUNTY, TEXAS BEARS, NORTH 46 DEGREES 26 MINUTES 57 SECONDS WEST, A DISTANCE OF 65.96 FEET; THENCE, ALONG THE WEST LINE OF SAID TRACT 1, THE FOLLOWING COURSES AND DISTANCES: NORTH 00 DEGREES 1 1 MINUTES 32 SECONDS WEST, ALONG THE SAID EAST RIGHT-OF-WAY LINE AND THE EAST LINE OF SAID 34.5165 ACRE TRACT, A DISTANCE OF 1353.59 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR AN INTERIOR ELL CORNER OF SAID Page 4 of 23 TRACT 1 AND THE COMMON NORTHEAST CORNER OF SAID 34.5165 ACRE TRACT; SOUTH 89 DEGREES 45 MINUTES 19 SECONDS WEST, ALONG THE NORTH LINE OF SAID 34.5165 ACRE TRACT, OVER AND ACROSS SAID C WOLFE ROAD, A DISTANCE OF 17.14 FEET TO A PK NAIL SET FOR AN EXTERIOR ELL CORNER OF SAID TRACT 1 AND THE COMMON SOUTHEAST CORNER OF A 12.228 ACRE TRACT OF LAND CONVEYED AS SECOND TRACT TO M.C. YARBROUGH , JR. AND WIFE GRACE YARBROUGH, AS RECORDED IN VOLUME 430, PAGE 602, 0.P.R.D.C.T SAID POINT BEING IN THE APPROXIMATE CENTERLINE OF SAID C. WOLFE ROAD; THENCE, NORTH 00 DEGREES 10 MINUTES 05 SECONDS WEST, CONTINUING ALONG SAID WEST LINE, ALONG SAID APPROXIMATE CENTERLINE, AND ALONG THE EAST LINE OF SAID 12.228 ACRE TRACT AND THE EAST LINE OF A 161.81 ACRE TRACT OF LAND CONVEYED AS FIRST TRACT TO M.C YARBROUGH , JR. AND WIFE GRACE YARBROUGH, AS RECORDED IN VOLUME 430, PAGE 602, 0.P.R.D.C.T. PASSING AT A DISTANCE OF 3623.00 FEET A PK NAIL FOUND FOR THE NORTHEAST CORNER OF SAID 161.81 ACRE TRACT AND THE COMMON SOUTHEAST CORNER OF A 41.00 ACRE TRACT OF LAND CONVEYED TO MARK HICKS INVESTMENTS, LLC, AS RECORDED IN C.C.# 2020- 74525, 0.P.R.D.C.T., AND CONTINUING ALONG THE EAST LINE OF SAID 41.00 ACRE TRACT. THE EAST LINE OF A 34.00 ACRE TRACT OF LAND CONVEYED TO JOHN E. LATHAM, CECIL MARTIN LATHAM, AND ROY LEON LATHAM, AS RECORDED IN C.C.# 1996-88759. 0.P.R.D.C.T., AND THE EAST LINE OF A 45.23 ACRE TRAC OF LAND CONVEYED TO GEORGIA BAKER, AS RECORDED IN VOLUME 2953, PAGE 224. 0.P.R.D.C.T., IN ALL A TOTAL DISTANCE OF 6972.21 FEET TO A PK NAIL SET FOR THE NORTHWEST CORNER OF SAID TRACT 1 AND THE COMMON NORTHEAST CORNER OF SAID 45.23 ACRE TRACT. SAID POINT BEING ON THE SOUTH LINE OF AN 8.16 ACRE TRACT OF LAND CONVEYED AS TRACT ONE TO THOMAS KENT HALL, AS RECORDED IN C.C.# 2012-63260, 0.P.R.D.C.T. AND BEING IN THE APPROXIMATE CENTERLINE OF TOM COLE ROAD, (PRESCRIPTIVE RIGHT-OF-WAY), FROM WHICH A 1/2" IRON ROD WITH CAP STAMPED “RPLS 2010” FOUND BEARS SOUTH 20 DEGREES 17 MINUTES 37 SECONDS EAST, A DISTANCE OF 60.19 FEET AND A 1/2" IRON ROD WITH CAP STAMPED “RPLS 2010” FOUND BEARS SOUTH 59 DEGREES 36 MINUTES 42 SECONDS EAST, A DISTANCE OF 63.18 FEET; THENCE, ALONG THE NORTH LINE OF SAID TRACT 1 , WITH SAID APPROXIMATE CENTERLINE, THE FOLLOWING COURSES AND DISTANCES: SOUTH 89 DEGREES 37 MINUTES 59 SECONDS EAST. ALONG THE SOUTH LINE OF SAID 8.16 ACRE TRACT. THE SOUTH LINE OF A 5.00 ACRE TRACT OF LAND CONVEYED TO THOMAS KENT HALL AND PENNY YVONNE HALL, AS RECORDED IN C.C.# 2001-22170, 0.P.R.D.C.T., THE SOUTH LINE OF A Page 5 of 23 5.000 ACRE TRACT OF LAND CONVEYED TO JACK B. HALL. III. AND WIFE CYNTHIA A. HALL, AS RECORDED IN VOLUME 822, PAGE 728, 0.P.R.D.C.T.. THE SOUTH LINE OF A 10.14 ACRE TRACT OF LAND CONVEYED AS TRACT 1, TO JACK B. HALL. AS RECORDED IN C.C.# 2012- 63259, 0.P.R.D.C.T., THE SOUTH LINE OF AN 18.25 ACRE TRACT OF LAND CONVEYED AS TRACT TWO, TO JACK B. HALL, AS RECORDED IN C.C.# 2012-63255, 0.P.R.D.C.T., THE SOUTH LINE OF A 10.00 ACRE TRACT OF LAND CONVEYED TO JACK B. HALL AND CYNTHIA ANN HALL, AS RECORDED IN C.C.# 2012-141975, 0.P.R.D.C.T., THE SOUTH LINE OF A 10.00 ACRE TRACT OF LAND CONVEYED AS TRACT ONE TO SUE HALL ALLEN, AS RECORDED IN C.C.# 2012-63255, 0.P.R.D.C.T., THE SOUTH LINE OF AN 8.20 ACRE TRACT OF LAND CONVEYED AS TRACT ONE TO JAN HALL, AS RECORDED IN C.C.# 2012-63256, 0.P.R.D.C.T., THE SOUTH LINE OF A 13.41 ACRE TRACT OF LAND CONVEYED TO JACK BUCHANAN HALL AND CYNTHIA ANN HALL. AS RECORDED IN C.C.# 2014-96407. 0.P.R.D.C.T., THE SOUTH LINE OF A 42.41 ACRE TRACT OF LAND CONVEYED TO THE UNIVERSITY OF NORTH TEXAS, AS RECORDED IN C.C.# 1996-9770, 0.P.R.D.C.T., AND THE SOUTH LINE OF A 14.042 ACRE TRACT OF LAND CONVEYED TO TOM COLE EDAN MANAGEMENT GROUP, LLC, - TRUSTEE, AS RECORDED IN C.C.# 2018-3174, 0.P.R.D.C.T., A DISTANCE OF 4685.36 FEET TO AN “X”CUT FOUND FOR CORNER; NORTH 89 DEGREES 00 MINUTES 58 SECONDS EAST, CONTINUING ALONG THE SOUTH LINE OF SAID 14.042 ACRE TRACT, THE SOUTH LINE OF A 1.000 ACRE TRACT OF LAND CONVEYED TO THE UNIVERSITY OF NORTH TEXAS SYSTEM, AS RECORDED IN C.C.# 2006-155067, 0.P.R.D.C.T., THE SOUTH LINE OF THE REMAINDER OF AN 11.855 ACRE TRACT OF LAND CONVEYED TO RICHARD RAFES, AS RECORDED IN VOLUME 4103. PAGE 351, 0.P.R.D.C.T., AND THE SOUTH LINE OF A 5.433 ACRE TRACT OF LAND CONVEYED TO HENRY L. EVANS, JR., AS RECORDED IN C.C.# 1999-75409, 0.P.R.D.C.T., A DISTANCE OF 2521.29 FEET TO A 5/8" IRON ROD FOUND FOR THE NORTHERN MOST NORTHEAST CORNER OF SAID TRACT 1 AND THE COMMON SOUTHEAST CORNER OF SAID 5.433 ACRE TRACT. SAID POINT BEING ON THE WEST LINE OF THE REMAINDER OF A 331.94 ACRE TRACT OF LAND CONVEYED TO THE CITY OF DENTON, AS RECORDED IN C.C.# 2002-20706, 0.P.R.D.C.T.; THENCE. ALONG THE COMMON LINES OF SAID TRACT 1 AND SAID REMAINDER 331.94 ACRE TRACT, THE FOLLOWING COURSES AND DISTANCES: SOUTH 00 DEGREES 18 MINUTES 35 SECONDS EAST, A DISTANCE OF 1865.00 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED “LJA SURVEYING” SET FOR AN INTERIOR ELL CORNER OF SAID TRACT 1 AND THE COMMON SOUTHWEST CORNER OF SAID REMAINDER 331.94 ACRE TRACT; Page 6 of 23 SOUTH 89 DEGREES 34 MINUTES 15 SECONDS EAST. A DISTANCE OF 1079.18 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED “LJA SURVEYING” SET FOR AN EXTERIOR ELL CORNER OF SAID TRACT 1 AND THE COMMON NORTHWEST CORNER OF A 29.444 ACRE TRACT OF LAND CONVEYED TO THE CITY OF DENTON, TEXAS, AS RECORDED IN C.C.# 2016-163835, 0.P.R.D.C.T.; THENCE, ALONG THE COMMON LINES OF SAID TRACT 1 AND SAID 29.444 ACRE TRACT, THE FOLLOWING COURSES AND DISTANCES: SOUTH 00 DEGREES 08 MINUTES 18 SECONDS WEST, A DISTANCE OF 69.75 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED “LJA SURVEYING” SET FOR CORNER; SOUTH 08 DEGREES 52 MINUTES 17 SECONDS WEST. A DISTANCE OF 1719.02 FEET TO A 1/2" IRON ROD FOUND FOR AN INTERIOR ELL CORNER OF SAID TRACT 1 AND THE COMMON SOUTHWEST CORNER OF SAID 29.444 ACRE TRACT; SOUTH 89 DEGREES 39 MINUTES 34 SECONDS EAST. A DISTANCE OF 917.75 FEET TO A 1/2" IRON ROD FOUND FOR AN EXTERIOR ELL CORNER OF SAID TRACT 1 AND THE COMMON SOUTHEAST CORNER OF SAID 29.444 ACRE TRACT. SAID POINT BEING ON THE WEST LINE OF A 31.107 ACRE TRACT OF LAND CONVEYED TO THE CITY OF DENTON, AS RECORDED IN C.C.# 1994-71013, 0.P.R.D.C.T.; THENCE, ALONG THE COMMON LINES OF SAID TRACT 1 AND SAiD 31.107 ACRE TRACT, THE FOLLOWING COURSES AND DISTANCES: SOUTH 08 DEGREES 36 MINUTES 35 SECONDS WEST. A DISTANCE OF 890.28 FEET TO A 1/2" IRON ROD FOUND FOR AN INTERIOR ELL CORNER OF SAID TRACT 1 AND THE COMMON SOUTHWEST CORNER OF SAID 31.107 ACRE TRACT; SOUTH 89 DEGREES 35 MINUTES 01 SECOND EAST, A DISTANCE OF 771.13 FEET TO A POINT FOR AN EXTERIOR ELL CORNER OF SAID TRACT 1 AND THE COMMON WEST CORNER OF A 184.812 ACRE TRACT OF LAND CONVEYED TO ALDI (TEXAS) L.L.C., AS RECORDED IN C.C.# 2008-50360, 0.P.R.D.C.T.. SAID POINT BEING ON THE SOUTH LINE OF SAID 31.107 ACRE TRACT AND IN THE APPROXIMATE CENTERLINE OF A CREEK; THENCE, ALONG THE COMMON LINES OF SAID TRACT 1 AND SAID 184.812 ACRE TRACT, WITH SAID CREEK, THE FOLLOWING COURSES AND DISTANCES: Page 7 of 23 SOUTH 36 DEGREES 33 MINUTES 38 SECONDS EAST, A DISTANCE OF 472.90 FEET TO A POINT FOR CORNER; SOUTH 65 DEGREES 06 MINUTES 43 SECONDS EAST, A DISTANCE OF 100.00 FEET TO A POINT FOR CORNER; SOUTH 85 DEGREES 49 MINUTES 36 SECONDS EAST, A DISTANCE OF 100.00 FEET TO A POINT FOR CORNER; NORTH 65 DEGREES 44 MINUTES 47 SECONDS EAST, A DISTANCE OF 290.00 FEET TO A POINT FOR CORNER; SOUTH 56 DEGREES 52 MINUTES 40 SECONDS EAST, A DISTANCE OF 130.00 FEET TO A POINT FOR CORNER; SOUTH 22 DEGREES 59 MINUTES 43 SECONDS EAST, A DISTANCE OF 150.00 FEET TO A POINT FOR CORNER; SOUTH 51 DEGREES 30 MINUTES 29 SECONDS EAST, A DISTANCE OF 400.00 FEET TO A POINT FOR CORNER; SOUTH 71 DEGREES 13 MINUTES 17 SECONDS EAST, A DISTANCE OF 135.00 FEET TO A POINT FOR CORNER; SOUTH 50 DEGREES 31 MINUTES 14 SECONDS EAST, A DISTANCE OF 250.00 FEET TO A POINT FOR CORNER; SOUTH 25 DEGREES 12 MINUTES 45 SECONDS EAST, A DISTANCE OF 300.00 FEET TO A POINT FOR CORNER; SOUTH 70 DEGREES 50 MINUTES 29 SECONDS EAST, A DISTANCE OF 200.00 FEET TO A POINT FOR CORNER; SOUTH 44 DEGREES 53 MINUTES 55 SECONDS EAST, A DISTANCE OF 250.00 FEET TO A POINT FOR CORNER; SOUTH 77 DEGREES 10 MINUTES 41 SECONDS EAST, A DISTANCE OF 225.00 FEET TO A POINT FOR CORNER; SOUTH 59 DEGREES 01 MINUTE 20 SECONDS EAST, A DISTANCE OF 125.00 FEET TO A POINT FOR CORNER; SOUTH 85 DEGREES 04 MINUTES 17 SECONDS EAST, A DISTANCE OF 125.00 FEET TO A POINT FOR CORNER; Page 8 of 23 SOUTH 73 DEGREES 39 MINUTES 06 SECONDS EAST, A DISTANCE OF 375.00 FEET TO A POINT FOR CORNER; NORTH 87 DEGREES 31 MINUTES 07 SECONDS EAST, A DISTANCE OF 225.85 FEET TO A POINT FOR AN EXTERIOR ELL CORNER OF SAID TRACT 1 AND THE COMMON NORTHWEST CORNER OF A 0.247 ACRE TRACT OF LAND CONVEYED TO DENTON COUNTY, TEXAS, AS RECORDED IN C.C.# 2010-1071 13, AND INT C.C.# 2011-68617, 0.P.R.D.C.T.. SAID POINT BEING ON THE SOUTH LINE OF SAID 184.812 ACRE TRACT AND THE WEST RIGHT-OF-WAY LINE OF UNDERWOOD ROAD, (A PRESCRIPTIVE RIGHT- OF-WAY); THENCE, ALONG THE COMMON LINES OF SAID TRACT 1 AND SAID 0.247 ACRE TRACT, WITH SAID WEST RIGHT-OF-WAY LINE, THE FOLLOWING COURSES AND DISTANCES: SOUTH 02 DEGREES 19 MINUTES 53 SECONDS WEST. A DISTANCE OF 247.64 FEET TO A 5/8" IRON ROD WITH CAP STAMPED “TNP” FOUND FOR CORNER, AND THE BEGINNING OF A TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 03 DEGREES 12 MINUTES 55 SECONDS. A RADIUS OF 640.00 FEET, AND A LONG CHORD THAT BEARS SOUTH 03 DEGREES 56 MINUTES 22 SECONDS WEST, A DISTANCE OF 35.91 FEET; ALONG SAID TANGENT CURVE TO THE RIGHT, AN ARC DISTANCE OF 35.91 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED “LJA SURVEYING” SET FOR CORNER; SOUTH 05 DEGREES 32 MINUTES 49 SECONDS WEST. A DISTANCE OF 119.69 FEET TO A 5/8” IRON ROD WITH CAP STAMPED “TNP“ FOUND FOR AN INTERIOR ELL CORNER OF SAID TRACT 1 AND THE COMMON SOUTHWEST CORNER OF SAID 0.247 ACRE TRACT; NORTH 89 DEGREES 05 MINUTES 19 SECONDS EAST, A DISTANCE OF 44.80 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED “LJA SURVEYING” SET FOR AN EXTERIOR ELL CORNER OF SAID TRACT 1. THE COMMON SOUTHEAST CORNER OF SAID 0.247 ACRE TRACT. AND THE COMMON SOUTHWEST CORNER OF A 1.7875 ACRE TRACT OF LAND CONVEYED TO DENTON COUNTY, TEXAS, AS RECORDED IN C.C.# 2011- 69079, 0.P.R.D.C.T.. SAID POINT BEING ON THE WEST LINE OF THE REMAINDER OF A 76.768 ACRE TRACT OF LAND CONVEYED TO FAY CHARALAMBOPOULOS, AS RECORDED IN VOLUME 1166, PAGE 235. 0.P.R.D.C.T., FROM WHICH A 5/8” IRON ROD WITH CAP STAMPED “TNP” FOUND FOR THE SOUTHEAST CORNER OF SAID 1.7875 ACRE TRACT, BEARS NORTH 89 DEGREES 05 MINUTES 19 SECONDS EAST. A DISTANCE OF 76.02 FEET; Page 9 of 23 THENCE, SOUTH 00 DEGREES 57 MINUTES 06 SECONDS EAST, ALONG THE EAST LINE OF SAID TRACT 1, AND THE COMMON WEST LINE OF SAID REMAINDER 76.768 ACRE TRACT, THE WEST LINE OF A 2.408 ACRE TRACT OF LAND CONVEYED TO WILLIAM CLINTON LYNCH AND WIFE, CLAUDIA P. LYNCH, AS RECORDED IN VOLUME 2190, PAGE 507, 0.P.R.D.C.T., WEST LINE OF A 0.024 ACRE TRACT OF LAND CONVEYED TO WILLIAM CLINTON LYNCH AND WIFE CLAUDIA P. LYNCH, AS RECORDED IN VOLUME 2981. PAGE 767. AND THE WEST LINE OF A 4.102 ACRE TRACT OF LAND CONVEYED TO HILLWOOD/McCUTCHIN. LTD., AS RECORDED IN C.C.# 1998-R0117450. 0.P.R.D.C.T., WITH SAID UNDERWOOD ROAD, A DISTANCE OF 417.47 FEET TO A PK NAIL SET FOR CORNER, FROM WHICH A 1/2” IRON ROD FOUND BEARS NORTH 37 DEGREES 10 MINUTES 00 SECONDS EAST, A DISTANCE OF 0.91 FEET; THENCE, SOUTH 01 DEGREE 13 MINUTES 30 SECONDS WEST. CONTINUING ALONG SAID EAST LINE AND THE COMMON WEST LINE OF SAID 4.102 ACRE TRACT, PASSING AT A DISTANCE OF 99.21 FEET A 1/2” IRON ROD FOUND FOR THE SOUTHWEST CORNER OF SAID 4.102 ACRE TRACT AND THE COMMON NORTHWEST CORNER OF A 96.85 ACRE TRACT OF LAND CONVEYED AS TRACT III, TO PETRUS INVESTMENT, L.P., AS RECORDED IN C.C.# 1998-R0117450, 0.P.R.D.C.T., AND CONTINUING ALONG SAID 96.85 ACRE TRACT, IN ALL A TOTAL DISTANCE OF 1205.51 FEET TO A 1 " IRON ROD FOUND FOR THE SOUTHEAST CORNER OF SAID TRACT 1 AND A COMMON INTERIOR ELL CORNER OF SAID 98.85 ACRE TRACT. SAID POINT BEING AT THE APPROXIMATE INTERSECTION OF SAID UNDERWOOD ROAD, AND H. LIVELY ROAD, (A PRESCRIPTIVE RIGHT-OF-WAY); THENCE, SOUTH 89 DEGREES 50 MINUTES 38 SECONDS WEST, ALONG THE SOUTH LINE OF SAID TRACT 1 AND A COMMON NORTH LINE OF SAID 96.85 ACRE TRACT, A DISTANCE OF 1362.73 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED “LJA SURVEYING” SET FOR AN EXTERIOR ELL CORNER SAID TRACT 1 AND A COMMON INTERIOR ELL CORNER OF AFORESAID 20,281 ACRE TRACT, (F.M. 2449); THENCE, ALONG THE COMMON LINES OF SAID TRACT 1 AND SAID F.M. 2449 THE FOLLOWING COURSES AND DISTANCES: NORTH 00 DEGREES 13 MINUTES 43 SECONDS WEST. A DISTANCE OF 45.00 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR AN INTERIOR ELL CORNER OF SAID TRACT 1 AND A COMMON EXTERIOR ELL CORNER OF SAID F.M. 2449. FROM WHICH A WOODEN HIGHWAY MONUMENT FOUND BEARS SOUTH 69 DEGREES 45 MINUTES 44 SECONDS WEST, A DISTANCE OF 1.96 FEET; SOUTH 89 DEGREES 46 MINUTES 17 SECONDS WEST. A DISTANCE OF 2944.00 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED “LJA SURVEYING” SET FOR CORNER; Page 10 of 23 SOUTH 89 DEGREES 04 MINUTES 20 SECONDS WEST, A DISTANCE OF 2982.15 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR THE SOUTHEAST CORNER OF A 91.78849 ACRE TRACT OF LAND CONVEYED TO DENTON INDEPENDENT SCHOOL DISTRICT, AS RECORDED C.C.# 2007-86024, 0.P.R.D.C.T.; THENCE, OVER AND ACROSS SAID TRACT 1, WITH THE LINES OF SAID 91.78849 ACRE TRACT, THE FOLLOWING COURSES AND DISTANCES: NORTH 00 DEGREES 55 MINUTES 43 SECONDS WEST, A DISTANCE OF 300.04 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER, AND THE BEGINNING OF A TANGENT CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 17 DEGREES 50 MINUTES 24 SECONDS. A RADIUS OF 2068.00 FEET, AND A LONG CHORD THAT BEARS NORTH 09 DEGREES 50 MINUTES 55 SECONDS WEST, A DISTANCE OF 641.31 FEET; ALONG SAID TANGENT CURVE TO THE LEFT, AN ARC DISTANCE OF 643.91 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER, AND THE BEGINNING OF A REVERSE CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 18 DEGREES 39 MINUTES 59 SECONDS, A RADIUS OF 2068.00 FEET, AND A LONG CHORD THAT BEARS NORTH 09 DEGREES 26 MINUTES 07 SECONDS WEST, A DISTANCE OF 670.76 FEET; ALONG SAID REVERSE CURVE TO THE RIGHT, AN ARC DISTANCE OF 673.74 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER; NORTH 00 DEGREES 06 MINUTES 08 SECONDS WEST, A DISTANCE OF 569.33 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR THE NORTHEAST CORNER OF SAID 91.78849 ACRE TRACT; SOUTH 89 DEGREES 04 MINUTES 17 SECONDS WEST, A DISTANCE OF 1534.68 FEET TO A 1/2" IRON ROD FOUND FOR THE NORTHWEST CORNER OF SAID 91 .78849 ACRE TRACT; SOUTH 11 DEGREES 1 1 MINUTES 45 SECONDS WEST, A DISTANCE OF 2215.63 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR THE SOUTHWEST CORNER OF SAID 91.78849 ACRE TRACT. SAID POINT BEING ON THE SOUTH LINE OF SAID TRACT 1 AND THE COMMON NORTH RIGHT-OF-WAY LINE OF SAID F.M. 2449; THENCE, ALONG THE COMMON LINES OF SAID TRACT 1 AND SAID F.M. 2449, THE FOLLOWING COURSES AND DISTANCES: Page 1 1 of 23 SOUTH 89 DEGREES 04 MINUTES 20 SECONDS WEST, A DISTANCE OF 2027.93 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 41 17” FOUND FOR CORNER; NORTH 85 DEGREES 13 MINUTES 02 SECONDS WEST, A DISTANCE OF 100.50 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 41 17” FOUND FOR CORNER; SOUTH 89 DEGREES 04 MINUTES 20 SECONDS WEST. A DISTANCE OF 200.00 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER; SOUTH 83 DEGREES 21 MINUTES 42 SECONDS WEST, A DISTANCE OF 100.50 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER; SOUTH 89 DEGREES 04 MINUTES 20 SECONDS WEST, A DISTANCE OF 678.19 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR A SOUTHWEST CORNER OF SAID TRACT 1 . SAID POINT BEING AT THE SOUTHEAST END OF A CORNER CLIP AT THE INTERSECTION OF SAID NORTH RIGHT-OF-WAY LINE AND THE EAST RIGHT-OF-WAY LINE OF AFORESAID C WOLFE ROAD; NORTH 45 DEGREES 32 MINUTES 47 SECONDS WEST, ALONG SAID CORNER CLIP, A DISTANCE OF 39.87 FEET TO THE POINT OF BEGINNING AND CONTAINING A CALCULATED AREA OF 75,908,796 SQUARE FEET OR 1 ,742.626 ACRES OF LAND, TRACT 2 1,297.316 ACRES BEING A 1,297.316 ACRE TRACT OF LAND SITUATED IN THE B.B.B. & C.R.R SURVEY, ABSTRACT NO. 176, THE J.T. EVANS SURVEY. ABSTRACT NO. 411. THE C. MANCHACA SURVEY, ABSTRACT NO. 789, THE F.N. OLIVER SURVEY, ABSTRACT NO. 989, THE S. PAINE SURVEY, ABSTRACT NO. 1035, THE M. PAINE SURVEY, ABSTRACT NO. 1036, THE G.W. PETTINGALE SURVEY. ABSTRACT NO 1041 , THE GEORGE WEST SURVEY, ABSTRACT NO. 1393. AND THE J.W KJEIBERG SURVEY, ABSTRACT NO. 1610. CITY OF DENTON, DENTON COUNTY, TEXAS, AND BEING ALL OF THE REMAINDER OF A 1 ,357.12 ACRE TRACT OF LAND CONVEYED AS TRACT 2: SOUTH TRACT, (TRACT 2), TO SLF II COLE PROPERTY, L.P., AS RECORDED IN COUNTY CLERK’S FILE NO., (C.C.#) 2005- 12276, (80% INTEREST), 2005-12277, (19.9% INTEREST), AND IN 2005-12278, (0.1% INTEREST), OFFICIAL PUBLIC RECORDS, DENTON COUNTY, TEXAS, (0.P.R.D.C.T.). SAID 1,297.316 ACRE TRACT, WITH BEARING BASIS BEING GRID Page 12 of 23 NORTH, TEXAS STATE PLANE COORDINATES, NORTH CENTRAL ZONE. NAD83 DATUM (NAD83 201 1, EPOCH DATE 2010), DETERMINED BY GPS OBSERVATIONS, CALCULATED FROM DALLAS CORS ARP (PID-DF8984) AND DENTON CORS ARP (PID-DF8986), BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR A NORTHWEST CORNER OF SAID TRACT 2. SAID POINT BEING THE SOUTHWEST CORNER OF FARM-TO-MARKET (F.M.) ROAD, NO. 2449, (A VARIABLE WIDTH RIGHT-OF-WAY), CONVEYED AS A 20.281 ACRE TRACT, TO THE STATE OF TEXAS AND THE COUNTY OF DENTON. AS RECORDED IN VOLUME 489, PAGE 551, 0.P.R.D.C.T. AND BEING AT THE SOUTHWEST END OF A CORNER CLIP AT THE INTERSECTION OF THE SOUTH RIGHT-OF-WAY LINE OF SAID F.M. 2449 AND THE EAST RIGHT-OF-WAY LINE OF H. LIVELY ROAD, (A PRESCRIPTIVE RIGHT-OF-WAY), FROM WHICH A 1/2" IRON ROD FOUND BEARS NORTH 77 DEGREES 20 MINUTES 50 SECONDS WEST, A DISTANCE OF 123.58 FEET THENCE, ALONG THE COMMON LINES OF SAID TRACT 2 AND SAID F.M. 2449 THE FOLLOWING COURSES AND DISTANCES: NORTH 44 DEGREES 21 MINUTES 29 SECONDS EAST. ALONG SAID CORNER CLIP, A DISTANCE OF 41.51 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER AT THE NORTHEAST END OF SAID CORNER CLIP; NORTH 89 DEGREES 04 MINUTES 20 SECONDS EAST. A DISTANCE OF 679.56 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER; SOUTH 85 DEGREES 13 MINUTES 02 SECONDS EAST. A DISTANCE OF 100.50 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER; NORTH 89 DEGREES 04 MINUTES 20 SECONDS EAST. A DISTANCE OF 200.00 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER; NORTH 83 DEGREES 21 MINUTES 42 SECONDS EAST. A DISTANCE OF 100.50 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER; NORTH 89 DEGREES 04 MINUTES 20 SECONDS EAST, A DISTANCE OF 951.06 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR THE NORTHWEST CORNER OF A 37.58223 ACRE TRACT OF LAND CONVEYED TO DENTON INDEPENDENT SCHOOL DISTRICT, AS Page 13 of 23 RECORDED IN C.C.# 2008-7638, 0.P.R.D.C.T., FROM WHICH A 1/2" IRON ROD FOUND FOR AN EXTERIOR ELL CORNER OF SAID TRACT 2 AND THE COMMON NORTHWEST CORNER OF AN 18.28 ACRE TRACT OF LAND CONVEYED TO TEXAS MUNICIPAL POWER AGENCY BY JUDGEMENT NO 10455 AND RECORDED IN VOLUME 5, PAGE 709, 0.P.R.D.C.T., BEARS NORTH 89 DEGREES 04 MINUTES 20 SECONDS EAST, A DISTANCE OF 511.39 FEET; THENCE, OVER AND ACROSS SAID TRACT 2, ALONG THE LINES OF SAID 37.58223 ACRE TRACT, THE FOLLOWING COURSES AND DISTANCES: SOUTH 00 DEGREES 25 MINUTES 46 SECONDS EAST, A DISTANCE OF 150.07 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER, AND THE BEGINNING OF A TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 49 DEGREES 39 MINUTES 33 SECONDS, A RADIUS OF 750.00 FEET, AND A LONG CHORD THAT BEARS SOUTH 24 DEGREES 24 MINUTES 00 SECONDS WEST, A DISTANCE OF 629.88 FEET; ALONG SAID TANGENT CURVE TO THE RIGHT, AN ARC DISTANCE OF 650.04 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER; SOUTH 49 DEGREES 13 MINUTES 46 SECONDS WEST. A DISTANCE OF 100.00 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER. AND THE BEGINNING OF A TANGENT CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 49 DEGREES 33 MINUTES 02 SECONDS, A RADIUS OF 750.00 FEET, AND A LONG CHORD THAT BEARS SOUTH 24 DEGREES 27 MINUTES 15 SECONDS WEST, A DISTANCE OF 628.59 FEET; ALONG SAID TANGENT CURVE TO THE LEFT, AN ARC DISTANCE OF 648.61 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER; SOUTH 00 DEGREES 19 MINUTES 15 SECONDS EAST, A DISTANCE OF 155.00 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR THE SOUTHWEST CORNER OF SAID 37.58223 ACRE TRACT; NORTH 89 DEGREES 40 MINUTES 45 SECONDS EAST, A DISTANCE OF 1604.29 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR THE SOUTHEAST CORNER OF SAID 37.58223 ACRE TRACT; NORTH 00 DEGREES 38 MINUTES 41 SECONDS EAST, A DISTANCE OF 812.68 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR AN EXTERIOR ELL CORNER OF SAID 37.58223 ACRE TRACT. Page 14 of 23 SAID POINT BEING ON A NORTH LINE OF SAID TRACT 2 AND ON THE COMMON SOUTH LINE OF AFORESAID 18.28 ACRE TRACT, FROM WHICH A 1/2" IRON ROD FOUND FOR AN INTERIOR ELL CORNER OF SAID TRACT 2 AND THE COMMON SOUTHWEST CORNER OF SAID 18.28 ACRE TRACT, BEARS SOUTH 89 DEGREES 04 MINUTES 03 SECONDS WEST, A DISTANCE OF 495.70 FEET; THENCE, ALONG THE COMMON LINES OF SAID TRACT 2 AND SAID 18.28 ACRE TRACT, THE FOLLOWING COURSES AND DISTANCES: NORTH 89 DEGREES 02 MINUTES 23 SECONDS EAST. A DISTANCE OF 623.93 FEET TO A 1/2" IRON ROD FOUND FOR AN INTERIOR ELL CORNER OF SAID TRACT 2 AND THE COMMON SOUTHEAST CORNER OF SAID 18.28 ACRE TRACT; NORTH 00 DEGREES 55 MINUTES 48 SECONDS WEST. A DISTANCE OF 710.64 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR AN EXTERIOR ELL CORNER OF SAID TRACT 2 AND THE COMMON NORTHEAST CORNER OF SAID 18.28 ACRE TRACT. SAID POINT BEING ON THE SOUTH RIGHT-OF-WAY LINE OF AFORESAID F.M. 2449; THENCE, NORTH 89 DEGREES 04 MINUTES 20 SECONDS EAST, ALONG THE COMMON LINES OF SAID TRACT 2 AND SAID F.M. 2449, PASSING AT A DISTANCE OF 4314.76 FEET A WOODEN HIGHWAY MONUMENT FOUND. AND CONTINUING, IN ALL A TOTAL DISTANCE OF 4616.53 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED “LJA SURVEYING” SET FOR THE NORTHEAST CORNER OF SAID TRACT 2, FROM WHICH A 1/2” IRON ROD WITH CAP STAMPED “RPLS 2010” FOUND BEARS SOUTH 87 DEGREES 01 MINUTE 58 SECONDS WEST, A DISTANCE OF 21.31 FEET; THENCE, ALONG THE EAST LINE OF SAID TRACT 2, THE FOLLOWING COURSES AND DISTANCES: SOUTH 00 DEGREES 32 MINUTES 55 SECONDS EAST. A DISTANCE OF 1652.60 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED “LJA SURVEYING” SET FOR AN EXTERIOR ELL CORNER OF SAID TRACT 2, FROM WHICH A 1/2" IRON ROD WITH CAP STAMPED “RPLS 2010” FOUND, BEARS NORTH 43 DEGREES 25 MINUTES 09 SECONDS WEST, A DISTANCE OF 32.98 FEET SOUTH 89 DEGREES 48 MINUTES 57 SECONDS WEST, A DISTANCE OF 254.68 FEET TO A 5/8” IRON ROD WITH YELLOW PLASTIC CAP STAMPED “LJA SURVEYING” SET FOR AN INTERIOR ELL CORNER OF SAID TRACT 2, FROM WHICH A 1/2" IRON ROD WITH CAP STAMPED “RPLS 2010” FOUND, BEARS NORTH 05 DEGREES 47 MINUTES 35 SECONDS EAST. A DISTANCE OF 17.65 FEET Page 15 of 23 SOUTH 00 DEGREES 17 MINUTES 58 SECONDS EAST, PASSING AT A DISTANCE OF 14.93 FEET, A NORTH LINE OF A 264.814 ACRE TRACT OF LAND CONVEYED TO RONALD McCUTCHIN FAMILY PARTNERSHIP, LTD., AS RECORDED IN C.C.# 1998-5578, 0.P.R.D.C.T., AND CONTINUING ALONG THE COMMON LINES OF SAID TRACT 2 AND SAID 264.814 ACRE TRACT, IN ALL A TOTAL DISTANCE OF 2168.94 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR AN INTERIOR ELL CORNER OF SAID TRACT 2 AND THE COMMON SOUTHWEST CORNER OF SAID 264.814 ACRE TRACT; THENCE, NORTH 89 DEGREES 21 MINUTES 34 SECONDS EAST, CONTINUING ALONG SAID COMMON LINES, A DISTANCE OF 3151 .01 FEET TO A 1/2" IRON ROD FOUND THE WESTERN MOST NORTHWEST CORNER OF SAID TRACT 2 AND THE COMMON SOUTHEAST CORNER OF SAID 264.814 ACRE TRACT. SAID POINT BEING ON THE WEST LINE OF A 2,329.49 ACRE TRACT OF LAND CONVEYED AS TRACT 1 TO PETRUS INVESTMENT, L.P., AS RECORDED IN C.C.# 1998-ROI 17450, 0.P.R.D.C.T. AND ON THE WEST LINE OF JOHN PAINE ROAD, (A PRESCRIPTIVE RIGHT-OF-WAY); THENCE, SOUTH 00 DEGREES 08 MINUTES 40 SECONDS EAST, ALONG THE COMMON LINES OF SAID TRACT 2, SAID 2,329.49 ACRE TRACT, AND WITH SAID JOHN PAINE ROAD, A DISTANCE OF 1266.83 FEET TO A 1/2" IRON ROD FOUND (BENT) FOR THE NORTHEAST CORNER OF LOT 1 , BLOCK 1 OF THE EPISCOPAL ADDITION, AN ADDITION TO THE CITY OF DENTON, AS RECORDED CABINET Y, PAGE 570, 0.P.R.D.C.T.; THENCE, OVER AND ACROSS SAID TRACT 2, ALONG THE LINES OF SAID EPISCOPAL ADDITION, THE FOLLOWING COURSES AND DISTANCES: SOUTH 89 DEGREES 21 MINUTES 35 SECONDS WEST, A DISTANCE OF 756.70 FEET TO A 1/2" IRON ROD FOUND FOR THE NORTHWEST CORNER OF SAID EPISCOPAL ADDITION; SOUTH 00 DEGREES 09 MINUTES 00 SECONDS EAST. A DISTANCE OF 1276.47 FEET TO A 1/2" IRON ROD FOUND FOR THE SOUTHWEST CORNER OF SAID EPISCOPAL ADDITION. SAID POINT BEING ON THE SOUTH LINE OF SAID TRACT 2 AND A COMMON NORTH LINE OF AFORESAID 2,329.49 ACRE TRACT; THENCE, ALONG THE COMMON LINES OF SAID TRACT 2 AND SAID 2,329.49 ACRE TRACT, THE FOLLOWING COURSES AND DISTANCES: SOUTH 89 DEGREES 29 MINUTES 40 SECONDS WEST. A DISTANCE OF 4650.04 FEET TO A PK NAIL FOUND FOR CORNER; Page 16 of 23 SOUTH 01 DEGREE 10 MINUTES 23 SECONDS WEST, A DISTANCE OF 92.39 FEET TO A PK NAIL FOUND FOR CORNER; SOUTH 89 DEGREES 47 MINUTES 21 SECONDS WEST, A DISTANCE OF 5806.65 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GOODWIN MARSHALL” FOUND FOR THE SOUTHWEST CORNER OF SAID TRACT 2 AND THE COMMON NORTHWEST CORNER OF SAID 2,329.49 ACRE TRACT. SAID POINT BEING ON THE EAST LINE OF A 320.350 ACRE TRACT OF LAND CONVEYED TO ROBSON DENTON DEVELOPMENT, LP, AS RECORDED IN C.C.# 1999-67258, 0.P.R.D.C.T.; THENCE, ALONG THE COMMON LINES OF SAID TRACT 2 AND SAID 320.350 ACRE TRACT, THE FOLLOWING COURSES AND DISTANCES: NORTH 00 DEGREES 06 MINUTES 37 SECONDS WEST, A DISTANCE OF 3057.16 FEET TO A 5/8" IRON ROD FOUND FOR AN INTERIOR ELL CORNER OF SAID TRACT 2 AND THE COMMON NORTHEAST CORNER OF SAID 320.350 ACRE TRACT; SOUTH 89 DEGREES 54 MINUTES 14 SECONDS WEST, A DISTANCE OF 153.55 FEET TO A 5/8” IRON ROD WITH YELLOW PLASTIC CAP STAMPED “LJA SURVEYING” SET FOR AN EXTERIOR ELL CORNER OF SAID TRACT 2 AND THE COMMON SOUTHEAST CORNER OF A 5.00 ACRE TRACT OF LAND CONVEYED TO BRAD THOMAS, AS RECORDED IN C.C.# 2006- 142048, 0.P.R.D.C.T.. SAID POINT BEING ON THE EAST RIGHT-OF-WAY LINE OF H. LIVELY ROAD, (A PRESCRIPTIVE RIGHT-OF-WAY); THENCE, ALONG THE COMMON LINES OF SAID TRACT 2 AND SAID 5.00 ACRE TRACT, WITH SAID RIGHT-OF-WAY. THE FOLLOWING COURSES AND DISTANCES: NORTH 48 DEGREES 28 MINUTES 37 SECONDS EAST, A DISTANCE OF 31.80 FEET TO A POINT FOR CORNER, FROM WHICH A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND, BEARS NORTH 81 DEGREES 34 MINUTES 56 SECONDS WEST, A DISTANCE OF 0.64 FEET; NORTH 05 DEGREES 47 MINUTES 00 SECONDS EAST, A DISTANCE OF 103.71 FEET TO A POINT FOR CORNER, FROM WHICH A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND, BEARS NORTH 74 DEGREES 43 MINUTES 44 SECONDS WEST, A DISTANCE OF 0.60 FEET; NORTH 07 DEGREES 05 MINUTES 30 SECONDS EAST, A DISTANCE OF 90.24 FEET TO A POINT FOR CORNER, FROM WHICH A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND. BEARS NORTH 77 DEGREES 47 MINUTES 23 SECONDS WEST, A DISTANCE OF 0.39 FEET; Page 17 of 23 NORTH 18 DEGREES 53 MINUTES 47 SECONDS EAST, A DISTANCE OF 83.19 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER; NORTH 16 DEGREES 35 MINUTES 17 SECONDS EAST, A DISTANCE OF 221.61 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER; NORTH 89 DEGREES 25 MINUTES 17 SECONDS EAST, A DISTANCE OF 17.07 FEET TO A 1/2" IRON ROD WITH CAP STAMPED “GEER 4117” FOUND FOR CORNER; NORTH 00 DEGREES 06 MINUTES 03 SECONDS EAST, A DISTANCE OF 72.34 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED “LJA SURVEYING” SET FOR CORNER; THENCE, NORTH 00 DEGREES 19 MINUTES 1 1 SECONDS WEST. CONTINUING ALONG SAID COMMON LINE, ALONG THE EAST LINE OF A TRACT OF LAND CONVEYED TO BOBBY RAY MILLER AND LUCY ELDONIA MILLER, CO-TRUSTEES OF THE MILLER FAMILY REVOCABLE TRUST, AS RECORDED IN C.C.# 2016- 55602, 0.P.R.D.C.T., THE EAST LINE OF A 10.66 ACRE TRACT OF LAND CONVEYED TO STEPHEN P. RICHARDSON AND SPOUSE BONITA L RICHARDSON, AS RECORDED IN C.C.# 2002-20706, 0.P.R.D.C.T.. THE EAST LINE OF AN 8.773 ACRE TRACT OF LAND CONVEYED TO CHRISTOPHER B FITZGERALD AND WIFE, JOANN FITZGERALD, AS RECORDED IN C.C.# 2005- 103094, 0.P.R.D.C.T., THE EAST LINE OF 4.043 ACRE TRACT OF LAND CONVEYED AS TRACT II AND A 3.16 ACRE TRACT OF LAND CONVEYED AS TRACT 1, TO WILLIAM HERMAN KETTLER. III, AND LAUREN DUK-WING KO, AS RECORDED IN C.C.# 2010-66949, 0.P.R.D.C.T.. THE EAST LINE OF THE REMAINDER OF A 26.00 ACRE TRACT OF LAND CONVEYED TO TILOTTA TIMBER HOLDINGS, LLC. AS RECORDED IN C.C.# 2006-76484. 0.P.R.D.C.T.. THE EAST LINE OF A 9.592 ACRE TRACT OF LAND CONVEYED TO NATIONAL FRAME RAIL, INC., AS RECORDED IN C.C.# 2013-34789, 0.P.R.D.C.T., AND THE EAST LINE OF A 3.41 ACRE TRACT OF LAND CONVEYED TO DEVON ENERGY OPERATING COMPANY, L.P., AS RECORDED IN C.C.# 2003-193231 , 0.P.R.D.C.T., A DISTANCE OF 2695.55 FEET TO THE POINT OF BEGINNING AND CONTAINING A CALCULATED AREA OF 56,51 1 ,106 SQUARE FEET OR 1,297.316 ACRES OF LAND NOT INCLUDING THE FOLLOWING 5.000 ACRE SAVE & EXCEPT TRACT: Page 18 of 23 TRACT 2 SAVE & EXCEPT 5.000 ACRES BEING A 5.000 ACRE TRACT OF LAND SITUATED IN THE GEORGE WEST SURVEY, ABSTRACT NO. 1393, CITY OF DENTON, DENTON COUNTY, TEXAS AND BEING ALL OF 5.00 ACRE TRACT OF LAND CONVEYED TO BYRON CAMPBELL, AS RECORDED IN COUNTY CLERK’S FILE NO., (C.C.#) 2020-75307, OFFICIAL PUBLIC RECORDS, DENTON COUNTY, TEXAS, (O.P.R.D.C.T.), (20% INTEREST), RYAN MILLER, AS RECORDED IN C.C.# 2020-75309, 0.P.R.D.C.T., (20% INTEREST), RUSSELL HICKEY, AS RECORDED IN C.C.# 2020-75311, O.P.R.D.C.T., (20% INTEREST), SHAWN STREET, AS RECORDED IN C.C.# 2020- 75313, O.P.R.D.C.T., (20% INTEREST),AND WARREN THREAGILL, AS RECORDED IN C.C.# 2020-75315, O.P.R.D.C.T., (20% INTEREST). SAID 5.000 ACRE TRACT, WITH BEARING BASIS BEING GRID NORTH, TEXAS STATE PLANE COORDINATES, NORTH CENTRAL ZONE, NAD83 DATUM (NAD83 2011, EPOCH DATE 2010), DETERMINED BY GPS OBSERVATIONS, CALCULATED FROM DALLAS CORS ARP (PID-DF8984) AND DENTON CORS ARP (PID-DF8986), BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT A 5/8" IRON ROD WITH CAP STAMPED “LJA SURVEYING” SET FOR THE NORTHEAST CORNER OF SAID 5.00 ACRE TRACT, FROM WHICH A 1/2” IRON ROD FOUND FOR AN EXTERIOR ELL CORNER OF THE REMAINDER OF A 1,357.12 ACRE TRACT OF LAND CONVEYED AS TRACT 2: SOUTH TRACT. (TRACT 2), TO SLF II COLE PROPERTY, L.P., AS RECORDED IN COUNTY CLERK’S FILE NO., (C.C.#) 2005-12276, (80% INTEREST), 2005-12277, (19.9% INTEREST), AND IN 2005-12278, (0.1 % INTEREST), O.P.R.D.C.T. AND THE COMMON SOUTHEAST CORNER OF A 264.814 ACRE TRACT OF LAND CONVEYED TO RONALD McCUTCHIN FAMILY PARTNERSHIP, LTD., AS RECORDED IN C.C.# 1998-5578, 0.P.R.D.C.T., AND BEING ON THE WEST LINE OF A 2,329.49 ACRE TRACT OF LAND CONVEYED AS TRACT 1 . TO PETRUS INVESTMENT, L.P., AS RECORDED IN C.C.# 1998-R0117450. 0.P.R.D.C.T., BEARS NORTH 44 DEGREES 36 MINUTES 27 SECONDS EAST, A DISTANCE OF 35.51 FEET. SAID POINT BEING 25.00 FEET FROM THE NORTH AND EAST LINE OF SAID TRACT 2; THENCE, OVER AND ACROSS SAID TRACT 2, THE FOLLOWING COURSES AND DISTANCES: SOUTH 00 DEGREES 08 MINUTES 40 SECONDS EAST. ALONG THE EAST LINE OF SAID 5.00 ACRE TRACT, A DISTANCE OF 466.70 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED "LJA SURVEYING" SET FOR THE SOUTHEAST CORNER OF SAID 5.00 ACRE TRACT. SAID POINT BEING 25.00 FEET FROM THE EAST LINE OF SAID TRACT 2; SOUTH 89 DEGREES 21 MINUTES 34 SECONDS WEST, ALONG THE SOUTH LINE OF SAID 5.00 ACRE TRACT, A DISTANCE OF 466.70 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED "LJA Page 19 of 23 SURVEYING" SET FOR THE SOUTHWEST CORNER OF SAID 5.00 ACRE TRACT; NORTH 00 DEGREES 08 MINUTES 40 SECONDS WEST. ALONG THE WEST LINE OF SAID 5.00 ACRE TRACT, A DISTANCE OF 466.70 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED ''LJA SURVEYING" SET FOR THE NORTHWEST CORNER OF SAID 5.00 ACRE TRACT. SAID POINT BEING 25.00 FEET FROM THE NORTH LINE OF SAID TRACT 2; NORTH 89 DEGREES 21 MINUTES 34 SECONDS EAST, ALONG THE NORTH LINE OF SAID 5.00 ACRE TRACT, A DISTANCE OF 466.70 FEET TO THE POINT OF BEGINNING AND CONTAINING A CALCULATED AREA OF 217,801 SQUARE FEET OR 5.000 ACRES OF LAND. LEAVING A CALCULATED NET AREA OF TRACT 2 OF 56,293,305 SQUARE FEET OR 1 ,292.316 ACRES OF LAND Page 20 of 23 Exhibit B Site Location AMPC24.0001 1151 \ T :e mM To []) QiN;INtl+ Page 21 of 23 Exhibit C Development Plan Map # :, ' . I ' - Z : J&1 UaUN + . 8664 a 87 . L t.220 8a+' 482 8 n + J+ taz S +h 3.3684bId 6 CI L1 + OH! Inb11srH grm E!1IIB Ul-lkqn Un l""""'] R7'4€\DPHTU+uFno I".'-"] 96' U'6”nOun+ s_ raH'+ f-"."""'] &B 'e+rHPnuBnei# dJ gOgrBbOF + Rhad bHaM Amended MPC Development Plan Map Cole Ranch Page 22 of 23 Exhibit D Phasing Plan &iI‘ Hi’ ZonIng Summary \ t- I b; : I U F 131n6 LI UN +; 9664 BIll un +' usa 117 + 1 t,2:O 8 r:::IMp 4829 A +1 I02 3 3.189 Legend IHI'] II t ++ I'\ -'7 '1 I ' --} n bAne buIB#a”b&in Bn UaduunHba LT3 eI ?t+ c+ + ', b . ' t '' , I' 1 ' ] a ' I' ' n, '+1 ++ ++r r+a He +)VH+ + HUbeloeB A 81rB,Res if R7 R6 + '+*_aSE 2 + F;Ii MN MN - I .I R+6 == '#:*4SE 3 I R7 ' i lo R4 PHA$MN /1. /ii qP /# Amended MPC Development Plan Map Cole Ranch a Page 23 of 23