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HomeMy WebLinkAboutSW8070319_Historical File_20080701W A T<c94G C0 7 July 1, 2008 McKinley D. Dull, Manager Highway 421 Properties, LLC 3807 Peachtree Ave, Suite 200 Wilmington, NC 28403 Subject: Stormwater Permit No. SW8 070319MOD Ferguson Distributors High Density Subdivision Project New Hanover County Dear Mr. Mr. Dull: Michael F. Easley, Governor William G. Ross Jr., Secretary North Carolina Department of Environment and Natural Resources Coleen H. Sullins, Director Division of Water Quality The Wilmington Regional Office received a complete Stormwater Management Permit Application for Ferguson Distributors on May 13, 2008. Staff review of the plans and specifications has determined that the project, as proposed, will comply with the Stormwater Regulations set forth in Title 15A NCAC 2H.1000. We are forwarding Permit No. SW8 070319MOD, dated July 1, 2008, for the construction of the project, Ferguson Distributors. This permit shall be effective from the date of issuance until August 8, 2017, and shall be subject to the conditions and limitations as specified therein. Please pay special attention to the Operation and Maintenance requirements in this permit. Failure to establish an adequate system for operation and maintenance of the stormwater management system will result in future compliance problems. If any parts, requirements, or limitations contained in this permit are unacceptable, you have the right to request an adjudicatory hearing upon written request within sixty (60) days following receipt of this permit. This request must be in the form of a written petition, conforming to Chapter 150B of the North Carolina General Statutes, and filed with the Office of Administrative Hearings, P.O. Drawer 27447, Raleigh, NC 27611-7447. Unless such demands are made this permit shall be final and binding. If you have any questions, or need additional information concerning this matter, please contact David Cox, or m at (910) 796-7215. Si rely, /�3 ",X- Edward Beck Regional Supervisor Surface Water Protection Section ENB/dwc: S:IWQSISTORMWATERIPERMIT1070319MOD.ju108 cc: Jason R. Carmine, P.E., Coastal Land Design, PLLC New Hanover County Inspections City of Wilmington Stormwater Services New Hanover County Engineering David Cox Wilmington Regional Office Central Files NO"` ron Caa �iura� North Carolina Division of Water Quality 127 Cardinal Drive Extension Wilmington, NC 28405 Phone (910) 796-7215 Customer Service Wilmington Regional Office Internet: w%yw ncwaterquality ore Fax (910) 350-2004 1-877-623-6748 An Equal Opportunity/Affirmative Action Employer— 50% Recycled/10% Post Consumer Paper State Stormwater Management Systems Permit No. SW8 070319MOD 111 STATE OF NORTH CAROLINA DEPARTMENT OF ENVIRONMENT AND NATURAL RESOURCES DIVISION OF WATER QUALITY STATE STORMWATER MANAGEMENT PERMIT HIGH DENSITY SUBDIVISION DEVELOPMENT In accordance with the provisions of Article 21 of Chapter 143, General Statutes of North Carolina as amended, and other applicable Laws, Rules, and Regulations PERMISSION IS HEREBY GRANTED TO McKinley D. Dull & Highway 421 Properties, LLC Ferguson Distributors 3881 US HWY 421 North, New Hanover County FOR THE construction, operation and maintenance of a we+ detention pond in compliance with the provisions of 15A NCAC 2H .1000 (hereafter referred to as the "stormwater rules) and the approved stormwater management plans and specifications and other supporting data as attached and on file with and approved by the Division of Water Quality and considered a part of this permit. This permit shall be effective from the date of issuance until August 8, 2017 and shall be subject to the following specified conditions and limitations: I. DESIGN STANDARDS This permit is effective only with respect to the nature and volume of stormwater described in the application and other supporting data. 2. This stormwater system has been approved for the management of stormwater runoff as described in Section 1.6 on page 3 of this permit. 3. Approved plans and specifications for this project are incorporated by reference and are enforceable parts of the permit. 4. The runoff from all built -upon area within the permitted drainage area of this project must be directed into the permitted stormwater control system. 5. Each lot within the subdivision whose ownership is not retained by the permittee, must submit a separate Offsite Stormwater Management Permit application package to the Division of Water Quality and receive a permit prior to any construction on the lot. Page 2 of 8 State Stormwater Management Systems Permit No. SW8 070319MOD 6. The following design elements have been permitted for this wet detention pond stormwater facility, and must be provided in the system at all times. a. Drainage Area, acres: 13.84 Onsite, ft: 602,992 Offsite, ft2: None b. Total Impervious Surfaces, ft2: 382,411 c. Pond Depth, feet: 6 d. TSS removal efficiency: 90% e. Design Storm, inches: 1.5 f. Permanent Pool Elevation, FMSL: 14.5 g. Permitted Surface Area @PP ft2: 39,262 h. Permitted Storage Volume, it': 65,388 i. Storage Elevation, FMSL: 16.00 j. Controlling Orifice: 4" 0 pipe k. Permanent Pool Volume, ft3: 196,415 I. Forebay Volume, ft3: 41,803 m. Maximum Fountain Horsepower: 1/2 n. Receiving Stream / River Basin: Cape Fear River/Cape Fear o. Stream Index Number: 15-25-1-9 p. Classification of Water Body: "C; Sw" II. SCHEDULE OF COMPLIANCE 1. No homeowner/lot owner/developer shall fill in, alter, or pipe any drainage feature (such as swales) shown on the approved plans as part of the stormwater management system without submitting a revision to the permit and receiving approval from the Division. 2. The permittee is responsible for verifying that the proposed built -upon area for the entire lot does not exceed the maximum allowed by this permit. Once the lot transfer is complete, the built -upon area may not be revised without approval from the Division of Water Quality, and responsibility for meeting the built -upon area limit is transferred to the individual property owner. 3. If an Architectural Review Board or Committee is required to review plans for compliance with the BUA limit, the plans reviewed must include all proposed built -upon area. Any approvals given by the Board do not relieve the homeowner of the responsibility to maintain compliance with the permitted BUA limit. 4. The permittee shall submit to the Director and shall have received approval for revised plans, specifications, and calculations prior to construction, for any modification to the approved plans, including, but not limited to, those listed below: a. Any revision to the approved plans, regardless of size. b. Project name change. C. Transfer of ownership. d. Redesign or addition to the approved amount of built -upon area. e. Further subdivision, acquisition, or sale of all or part of the project area. The project area is defined as all property owned by the permittee, for which Sedimentation and Erosion Control Plan approval or a CAMA Major permit was sought. f. Filling in, altering, or piping of any k.1egetwtive conveyanC2 shown on the approved plan. Page 3 of 8 State Stormwater Management Systems Permit No. SW8 070319MOD 5. The Director may determine that other revisions to the project should require a modification to the permit. 6. All stormwater collection and treatment systems must be located in either dedicated common areas or recorded easements. The final plats for the project will be recorded showing all such required easements, in accordance with the approved plans. 7. The Director may notify the permittee when the permitted site does not meet one or more of the minimum requirements of the permit. Within the time frame specified in the notice, the permittee shall submit a written time schedule to the Director for modifying the site to meet minimum requirements. The permittee shall provide copies of revised plans and certification in writing to the Director that the changes have been made. 8. The stormwater management system shall be constructed in its entirety, vegetated and operational for its intended use prior to the construction of any built -upon surface. 9. During construction, erosion shall be kept to a minimum and any eroded areas of the system will be repaired immediately. 10. Upon completion of construction, prior to issuance of a Certificate of Occupancy, and prior to operation of this permitted facility, a certification must be received from an appropriate designer for the system installed certifying that the permitted facility has been installed in accordance with this permit, the approved plans and specifications, and other supporting documentation. Any deviations from the approved plans and specifications must be noted on the Certification. 11. If the stormwater system was used as an Erosion Control device, it must be restored to design condition prior to operation as a stormwater treatment device, and prior to occupancy of the facility. 12. Permanent seeding requirements for the stormwater control must follow the guidelines established in the North Carolina Erosion and Sediment Control Planning and Design Manual. 13. The permittee shall at all times provide the operation and maintenance necessary to assure that all components of the permitted stormwater system function at optimum efficiency. The approved Operation and Maintenance Plan must be followed in its entirety and maintenance must occur at the scheduled intervals including, but not limited to: a. Semiannual scheduled inspections (every 6 months). b. Sediment removal. c. Mowing and re -vegetation of side slopes. d. Immediate repair of eroded areas. e. Maintenance of side slopes in accordance with approved plans and specifications. f. Debris removal and unclogging of structures, orifice, catch basins and piping. g. Access to all components of the system must be available at all times. 14. Records of !maintenance actiN:ities :rust "e kept a^d made available upon request to authorized personnel of DWQ. The records will indicate the date, activity, name of person performing the work and what actions were taken. Page 4 of 8 State Stormwater Management Systems Permit No. SW8 070319MOD 15. This permit shall become void unless the facilities are constructed in accordance with the conditions of this permit, the approved plans and specifications, and other supporting data. 16. Prior to the sale of any lot, the following deed restrictions must be recorded: a. The following covenants are intended to ensure ongoing compliance with State Stormwater Management Permit Number SW8 070319MOD, as issued by the Division of Water Quality under NCAC 2H.1000. b. The State of North Carolina is made a beneficiary of these covenants to the extent necessary to maintain compliance with the Stormwater Management Permit. C. These covenants. are to run with the land and be binding on all persons and parties claiming under them. d. The covenants pertaining to stormwater may not be altered or rescinded without the express written consent of the State of North Carolina, Division of Water Quality. e. Alteration of the drainage as shown on the approved plans may not take place without the concurrence of the Division of Water Quality. f. The maximum built -upon area for this parcel is 285,411. This allotted amount includes any built -upon area constructed within the lot property boundaries, and that portion of the right-of-way between the front lot line and the edge of the pavement. Built upon area includes, but is not limited to, structures, asphalt, concrete, gravel, brick, stone, slate, coquina and parking areas, but does not include raised, open wood decking, or the water surface of swimming pools. g. Lots within CAMA's Area of Environmental Concern may be subject to a reduction in their allowable built -upon area due to CAMA regulations. h. All runoff on the lot must drain into the permitted system. This may be accomplished through providing roof drain gutters, which drain to the street, grading the lot to drain toward the street, or grading perimeter swales and directing them into the pond or street. Lots that will naturally drain into the system are not required to provide these measures. i. Built -upon area in excess of the permitted amount will require a permit modification. 17. A copy of the recorded deed restrictions must be submitted to the Division within 30 days of the date of recording the plat, and prior to selling lots. The recorded copy must contain all of the statements above, the signature of the Permittee, the deed book number and page, and the stamp/signature of the Register of Deeds. 18. Prior to transfer of the permit, the stormwater facilities will be inspected by DWQ personnel. The facility must be in compliance with all permit conditions. Any items not in compliance must be repaired or replaced to design condition prior to the transfer. Records of maintenance activities performed to date will be required. 19. Decorative spray fountains will be allowed in the stormwater treatment system, subject to the following criteria: a. The fountain must draw its water from less than 2' below the permanent pool surface. b. Separated units, where the nozzle, pump and intake are connected by tubing, may be used only if they draw water from the surface in the deepest part of the pond. c. The falling water from the fountain must be centered in the pond, away from the shoreline. Page 5 of 8 State Stormwater Management Systems Permit No. SW8 070319MOD d. The maximum horsepower for the fountain's pump is based on the permanent pool volume. The maximum pump power for a fountain in this pond is 1/2 horsepower. 20. Built upon area includes, but is not limited to, structures, asphalt, concrete, gravel, brick, stone, slate, coquina and parking areas, but does not include raised, open wood decking, or the water surface of swimming pools. III. GENERAL CONDITIONS This permit is not transferable to any person or entity except after notice to and approval by the Director. In the event there is either a desire for the facilities to change ownership, or there is a name change of the Permittee, a "Name/Ownership Change Form" must be submitted to the Division of Water Quality accompanied by appropriate documentation from the parties involved. This may include, but is not limited to, a deed of trust, recorded deed restrictions, Designer's Certification and a signed Operation and Maintenance plan. The project must be in good standing with DWQ. The approval of this request will be considered on its merits and may or may not be approved. 2. The permittee is responsible for compliance with all of the terms and conditions of this permit until such time as the Director approves the transfer request. 3. Failure to abide by the conditions and limitations contained in this permit may subject the Permittee to enforcement action by the Division of Water Quality, in accordance with North Carolina General Statute 143-215.6A to 143-215.6C. 4. The issuance of this permit does not preclude the Permittee from complying with any and all statutes, rules, regulations, or ordinances, which may be imposed by other government agencies (local, state, and federal), which have jurisdiction. 5. In the event that the facilities fail to perform satisfactorily, including the creation of nuisance conditions, the Permittee shall take immediate corrective action, including those as may be required by this Division, such as the construction of additional or replacement stormwater management systems. 6. The permit may be modified, revoked and reissued or terminated for cause. The filing of a request for a permit modification, revocation and re -issuance or termination does not stay any permit condition. 7. Permittee grants permission to staff of the DWQ to access the property for the purposes of inspecting the stormwater facilities during normal business hours. 8. The permittee shall notify the Division of any name, ownership or mailing address changes within 30 days. 9. A copy of the approved plans and specifications shall be maintained on file by the Permittee for a minimum of ten years from the date of the completion of construction. Permit issued this the 1st day of July, 2008 NORTH OLINA ENVIRONMENTAL MANAGEMENT COMMISSION /L6/, for Coleen H. Sullins, Director Division of Water Quality Page 6 of 8 State Stormwater Management Systems Permit No. SW8 070319MOD By Authority of the Environmental Management Commission Ferguson Distributors Page 1 of 2 Stormwater Permit No. SW8 070319MOD New Hanover_County Designer's Certification I, , as a duly registered in the State of North Carolina, having been authorized to observe (periodically/weekly/full time) the construction of the project, (Project) for (Project Owner) hereby state that, to the best of my abilities, due care and diligence was used in the observation of the project construction such that the construction was observed to be built within substantial compliance and intent of the approved plans and specifications. The checklist of items on page 2 of this form is a part of this Certification. Noted deviations from approved plans and specifications: Signature Registration Number Date SEAL Page 7 of 8 State Stormwater Management Systems Permit No. SW8 070319MOD Certification Requirements: Page 2 of 2 The drainage area to the system contains approximately the permitted acreage. 2. The drainage area to the system contains no more than the permitted amount of built -upon area. 3. All the built -upon area associated with the project is graded such that the runoff drains to the system. 4. All roof drains are located such that the runoff is directed into the system. 5. The outlet/bypass structure elevations are per the approved plan. 6. The outlet structure is located per the approved plans. 7. Trash rack is provided on the outlet/bypass structure. 8. All slopes are grassed with permanent vegetation. 9. Vegetated slopes are no steeper than 3:1. .10. The inlets are located per the approved plans and do not cause short- circuiting of the system. 11. The permitted amounts of surface area and/or volume have been provided. 12. Required drawdown devices are correctly sized per the approved plans. 13. All required design depths are provided. 14. All required parts of the system are provided, such as a vegetated shelf, a forebay, and the vegetated filter. 15. The required dimensions of the system are provided, per the approved plan. cc: NCDENR-DWQ Regional Office New Hanover County Building Inspections Page 8of8 0f Michael F. Easley, Governor .��' �Q T William G. Ross Jr., Secretary r North Carolina Department of Environment and Natural Resources Alan W. Klimek, P.E. Director Division of Water Quality WATER QUALITY SECTION COASTAL STORM`11V`ATER PERMIT NAME/OWNERSHiP CHANGE FORM CURRENT PERMIT INFORMATION: Stormwater Management Permit Number: 514118 0-70319M0D Permit Holder's Name: CAPE FEnR 1 nVvesTMOUT 40M )) E&24fme7%lr, I-L-c. 3. Signing official's Name: 4 Ro► ekr. E. NI.CKR136e, = Title: AIA"f 6eR (person legally responsible for permit) Mailing Address: 1611 CAsTZE M4Y/yE ROA6, 8ujLoitiG 6 City: WIL-.'nllyr-ry" State: nic. Zip: Z$gOI Phone: (91o) 343 - $ ?—oo Fax: Laid) 1��3 goo NEW OWNER / PROJECT / ADDRESS INFORMATION: 1. This request is for: (please check all that apply) a. Change in ownership of the property/company (Please complete Items #2, #3, and #4 below) b. Name change of project (Please complete Item #5 below) C. Mailing address change. (Please complete Item #4 below) d. Other (please explain): 2. New owner's name to be put on permit: 1416HWAV 411 P9006AVC-5 LIZ 3. New owner's signing official's name and title: MCIAIL-6 4 Q - DUL-L Title: MAMA 669 4. New Mailing Address: 34j01 &ACII7/CE�r, AwsreVye -4-viz ZOO City: W1I'MI/V6-(c7 1' State: i/G Zip: 7-0It0 Phone: 410) .31 L' 6 O A Fax: dI Q J15 - 6,60 _ 5. New Project Name to be placed on permit: N h GN 4A16& 1 D E C E I V E Page 1 of 2 JUN 10 2008 *cuoha&4411 DWQ North Carolina Division of Water Quality 127 Cardinal Drive Extension Wilmington, NC 28405 Phone Wilmington Regional Office Internet: www.ncwaterquality.org Fax (410) 350-2004 1-877-623-6748 An Equal Opportunity/Affirmative Action Employer- 50°% Recycled/10°% Post Consumer Paper PERMIT NAME/OWNERSHIP CHANGE FORM THIS APPLICATION PACKAGE WILL NOT BE ACCEPTED BY THE DIVISION OF WATER QUALITY UNLESS ALL OF THE APPLICABLE ITEMS LISTED BELOW ARE INCLUDED WITH THE SUBMITTAL. REQUIRED ITEIJS: 1. This completed form. 2. Legal documentation of the transfer of ownership. 3. A copy of the recorded deed restrictions, if required by the permit. 4. The designer's certification, if required by the permit. 5. A signed Operation and Maintenance plan, if a system that requires maintenance will change ownership. 6. Maintenance records. CERTIFICATION MUST BE COMPLETED AND SIGNED BY BOTH THE CURRENT PERMIT HOLDER AND THE NEW APPLICANT IN THE CASE OF A CHANGE OF OWNERSHIP. FOR NAME CHANGES, COMPLETE AND SIGN ONLY THE CURRENT PERMITTEE'S CERTIFICATION. Current Permittee's Certification: I, ?,0B RT E. Mc"&W, 3IL , attest that this application for a name/ownership change has been reviewed and is accurate and complete to the best of my knowledge. I understand that if all required parts of this application are not completed and that if all required supporting information and attachments are not included, this application package will be returned as ' c mpl te. Signature: Date: 6 "S- -O 9 New Applicant's Certification: (Must be completed for all transfers of ownership) I, ANt)[ItjLc--y D . W 1-L. , attest that this application for an ownership change has been r viewed and is accurate and complete to the best of my knowledge. I understand that if all required parts of this application are not completed and that if all required supporting information and attachments are not included, this application package will be returned as in om I X/ Signature: Date: u� THE COMPLETED APPLICATION PACKAGE, INCLUDING ALL SUPPORTING INFORMATION AND MATERIALS, SHOULD BE SENT TO THE FOLLOWING ADDRESS: North Carolina Department of Environment and Natural Division of Water Quality 127 Cardinal Drive Extension Wilmington, NC 28405 Page 2 of 2 Resources ®ECER.ve �e JUN 10 2OJ8 [two PROJ # Date: o r Project Nam: -J .�%is -76 -'- S - Project W:'-S��O �03/� County: ��'� f� killed - The Wilmington Regional Office of the Division of Water Quality received your Stormwater Permit Name/Ownership Change request on -40 O$r Your project will be reviewed within 75 days of receipt & you will be notified if additional information is needed. If you have any questions, please contact any member of the Stormwater review staff in the Wilmington Regional Office at (910) 796-7215. Jo Casmer Administrative Assistant w� (Excise Tm) $2550.00 Recording time, Book and Page Tax Parcel No. R03200-001-033-000, R03200-001-034-000 and R03200-001-035-000 Prepared By and James A. MacDonald Return To: Allen, MacDonald & Davis, PLLC 1508 Military Cutoff Road, Suite 102 Wilmington, NC 28403 After recording mail to: HWY 421 Properties, LLC 1508 Military Cutoff Road, Suite 302 Wilmington, North Carolina 28403 STATE OF NORTH CAROLINA WARRANTY DEED COUNTY OF NEW HANOVER 'PHIS DEED, made this $tlliay of May, 2008, by and between CAPE FEAR INVESTMENT & DEVELOPMENT, LLC, a North Carolina limited liability company, hereinafter called the Grantor, and HWY 421 PROPERTIES, LLC, a North Carolina limited liability company, hereinafter called the Grantee. The designation Grantor and Grantee as used herein shall include said parties, their heirs, successors, and assigns, and shall include singular, plural, masculine, feminine or neuter as required by context. WITNESSETH: THAT said Grantor, for a valuable consideration paid by the Grantee, the receipt of which is hereby acknowledged, have granted, bargained, sold and conveyed and by these presents does hereby grant, bargain, sell and convey unto the said Grantee, their heirs, successors and assigns, in fee simple, all that certain lot or parcel of land situated in New Hanover County, North Carolina, and more particularly described as follows: BEING ALL OF THAT PROPERTY SHOWN ON EXHIBIT "A" WHICH IS HERETO ATTACHED AND INCORPORATED BY REFERENCE. Together with all and singular the tenements, hereditaments and appurtenances thereunto belonging, or in anywise appertaining. TO HAVE AND TO HOLD the aforesaid lot or parcel of land and all privileges and appurtenances thereto belonging to the Grantee in fee simple. And the Grantor covenants with the Grantee, that Grantor is seized of the premises in fee simple, and has the right to convey the same in fee simple, that title is marketable and free and clear of all encumbrances, except 2008 ad valorem taxes, ordinances and municipal building code restrictions, if any, and those matters set forth in the attached Exhibit B, and that Grantor will WARRANT and DEFEND the title against the lawful claims of all persons whomsoever rn r C exceptions herein stated. .JUN 10 20018 Dwc. PROD # WITN9.SS: W i ER) OF, the Grantor has caused this instrument to be signed by its duly authoriz d manager, the ay and year first above written. CAPE FEAR INVESTMENT & DEVELOPMENT, LLC, a North Carolina limited liability company BY: ROBE T E. ItUCKAB , III Member t,.a: BY: -CN J Y M. STOKLEY, SR., Member STATE QFNORTH CAI OLINA CO UNT OF NEW Hh!9 OVER I ertif} tlkat "the 11ow�ng person personally appeared before me this day, acknowledging to me th f . even . aril igned the foregoing document for the purpose stated therein and in the capacity ndicatORB RT E. HUCKA BEE, III, Member of CAPE FEAR INVESTMENT & DEVI 10PI I,'. C, 8 North Carolina limited liabilitycompany [CHECK ONE] EF (i) I have perseff4.Rho dge ;of the identity of the principal; or ❑ (ii) I have seen satisfactory evidence of the princi , identity by a current state or federal identification, with the principal's photograph, in the fQ' i a ay 8 , 2008. N R .•.`/may r .... a e • f • cilia �e� ary Pub c Signature otary) i18LIG •" Lynn R. Ward Notary Public's Printed Name ��•ff�11f R 4•yyNr,d� My Commission Expires: 5-18-08 STATE OF NORTH CAROLINA COUNTY OF NEW HANOVER I certify that the following person personally appeared before me this day, acknowledging to me that he voluntarily signed the foregoing document for the purpose stated therein and in the. capacity indicated: JEFFREY M. STOKLEY, SR., Member of CAPE FEAR INVESTMENT & DEVELOPMENT, LLC, a North Carolina limited liability company [CHECK ONE] CJ (i) I have personal knowledge of the identity of the principal; or ❑ (ii) I have seen satisfactory evidence of the principal's identity by a current state or federal identification, with the principal's photograph, in the form of a ,;e. ary blic i aKay 8 , ture 2008. (Official Seal of Notary) Lynn R. Ward .:..•r•ew— a 0 V-.04 g i NOTAO y'.t�LIG Notary Public's Printed Name My Commission Expires: 5-18-08 ♦ q0 R ,GOB EXRIBIT "A" BEING all of Tract "B", consisting of 7 acres, Tract "C", consisting of 5 acres, and Tract "D", consisting ;of 5 acres, as the same are shown on a map entitled "INVISTA S.A.R.L. D�VISION TRACg S "A", "B", "C", "D", on plat prepared by Michael Underwood and Associates, P.A dated September, 2004, and recorded in Map Book 46, at Page 325 of the New Hanover County Registry (the "Property"). EXHIBPP "B" 1. Various rights of way granted to Carolina Power and Light Company recorded in Book 528, at Page 73; Book 560, at page 253; Book 628, at Page 651; Book R 14_ at Page 160; Book 953, at Page 766; Book 1023, at Page 336; Book 1142, at Page 56, and Book 1187, at Page 991 of the New Hanover County Registry. 2. Easement to City of Wilmington recorded in Book 1699, at Page 1272 of the New Hanover County Registry. 3. Easement to the Lower Cape Fear Water & Sewer Authority recorded in Book 1147, at Page 243 of the New Hanover County Registry. 4. Easement as shown on the map recorded in Map Book 8, at Page 90 of the New Hanover County Registry. L ACKNOWLEDGMENT OF RECEIPT OF SETTLEMENT STATEMENT Borrower: HWY 421 PROPERTIES, LLC Seller: CAPE FEAR INVESTMENT & DEVELOPMENT, LLC Lender: PARK STERLING BANK Settlement Agent: ALLEN, MACDONALD & DAVIS, PLLC (910)256-6558 Place of Settlement: 1508 MILITARY CUTOFF ROAD, STE 102 WILMINGTON, NC 28403 Settlement Date: May 8, 2008 Property Location: 17 ACRES OFF US HWY 421 I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief, it is a true and that I have receive a copy of the HUD-1Xettlement Statement. accurate statement of all receipts and disbursements made on my account or by me in this transaction. l further certify HWY 42�j OP S, C CAP �FVARI TM NT DEVELOPMENT, LLC BY: II BY: BY: Ifr - �o To the best of my knowledge, the HUD-1 Settlement Statement which I have prepared is a true and accurate account of the funds which were received and have been or will be disbursed y the undersigned as part of the settlement of this /AMES A. MACDONALD/LRW ettlement Agent WARNING: It Is a crime to knowingly make false statements to the United States on this or any similar form. Penalties upon conviction can include a fine and Imprisonment. For details see: Title 18 U.S. Code Section 1001 and Section 1010. HUD7(345) RESPA, H843M 2