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HomeMy WebLinkAbout14036_Andale_recorded NBP_20120215 WOMBLE One Wachovia Center 301 South College Street CARLYLE Suite 3500 SANDRIDGE Charlotte, NC 28202 -6037 Bruce A. Buckley & RICE Telephone : ( 704 ) 331 -4900 Telephone : (704) 331 -4952 Fax : (704) 331 -4955 Facsimile : (704) 338 -7856 A PROFESSIONAL LIMITED WWW.wcsr. Corn Email : bbuckley@wcsr. com LIABILITY COMPANY February 16, 2012 Ms . Shirley Liggins N . C . Division of Waste Management �� Brownfields Program Mail Service Center 1646 Raleigh, NC 276994646 Re : Conclusion of Brownfields Agreement Process Andale Brownfields Project 1271 Old Caroleen Road Forest City, Rutherford County Brownfields Project Number 1403640 - 81 Dear Ms . Liggins : We have enclosed for your records (a) a copy of the recorded Notice of Brownfields Property, which includes a certification by the Register of Deeds and with the recording information noted (recorded February 15 , 2012 in Book 1038 , Page 120 , Rutherford County Registry) , (b) a copy of three (3 ) recorded Plats with the recording information noted (recorded February 15 , 2012 in Plat Book 33 , Pages 18 , 19 and 20) , and (c) a copy of the receipt from the Register of Deeds that also confirms the recording information for these items . Very truly yours , WOMBLE CARLYLE SANDRIDGE & RICE A Limited Liability Partnership ruce A . Buckl y BAB J eb Enclosures cc : Robert R. Gelblum (email, w/o copy of plats) Bruce Nicholson, DENR (email , w/o copy of plats) Brad Atkinson, DENR (email, w/o copy of plats) Susan Cooper GEORGIA / SOUTH CAROLINA j NORTH CAROLINA / VIRGINIA / WASHINGTON , D . C . / MARYLAND / DELAWARE WCSR 7141995v1 FILED IN THE REGISTER OF DEEDS OFFICE RUTHERFORD COUNTY, NC BOOK r2� PAGE I rL DATE S is / TIME .31' / 6 Prepared by/Mail to : Womble Carlyle Sandridge & Rice, LLP Property Owner: Andale , Inc . Attention: Susan Cooper Recorded in Book ^ : r, Page ) , 0 One Wells Fargo Center, Suite 3500 Associated plat recorded in Plat Book, Page (' 301 S . College Street Charlotte, NC 28202 NOTICE OF BROWNFIELDS PROPERTY This documentary component�9f a Notice of Brownfields Property ("Notice" ) , as well as the plat component, have been filed this �t day of `r t t , 2012 by Andale, Inc. (hereinafter "Prospective Developer") . The Notice concerns contaminated property. A copy of this Notice certified by the North Carolina Department of Environment and Natural Resources (hereinafter "DENR" ) is required to - be filed in the Register of Deeds ' Office in the county or counties in which the land is located, pursuant to North Carolina General Statutes (hereinafter "NCGS ") , Section (hereinafter " § " ) 130A-310 .35 (b) . This Notice is required by NCGS § 130A-310 .35 (a) , in order to reduce or eliminate the danger to public health or the environment posed by environmental contamination at a property (hereinafter the "Brownfields Property") being addressed under the Brownfields Property Reuse Act of 1997, NCGS § 130A, Article 9 , Part 5 (hereinafter the "Act") . Pursuant to NCGS § 130A-310 .35 (b) , the Prospective Developer must file a certified copy of this Notice within 15 days of Prospective Developer' s receipt of DENR' s approval of the Notice or Prospective Developer' s entry into the Brownfields Agreement required by the Act, whichever is later. Pursuant to NCGS § 130A-310 .35 (c) , the copy of the Notice certified by DENR must be recorded in the grantor index under the names of the owners of the . land and, if Prospective Developer is not the owner, also under Prospective Developer' s name. The Brownfields Property comprises approximately 153 acres at the southeast corner of the intersection of Old Caroleen Road and U . S . Highway 74 in Forest City, North Carolina. Its addresses are 1181 / 1185 and 1271 / 1291 Old Caroleen Road. Volatile organic compound contamination exists at the Brownfields Property, which is the former site of Burlington Industries , Inc . ' s J . C . Cowan facility . Prospective Developer plans to redevelop the Brownfields Property for use as a data center. Other_ uses may include light manufacturing and warehousing, other commercial purposes and mixed use if DENR issues prior written approval, open space, a Forest City sewer pump station, a Duke Energy electrical substation, and other utilities . 1 The Brownfields Agreement between Prospective Developer and DENR is attached hereto as Exhibit A. It sets forth the use that may be made of the Brownfields Property and the measures to be taken to protect public health and the environment, and is required by NCGS § 130A.310 .32 . The Brownfields Agreement' s Exhibit 2 consists of one or more data tables reflecting the concentrations of and other information regarding the Property ' s regulated substances and contaminants . Exhibit B to this Notice is a reduction, to 8 1 /2 " x 11 of the plat component of this Notice . The plat shows areas designated by DENR, has been prepared and certified by a professional land surveyor, and complies with NCGS § 130A- 310 . 35 (a) ' s requirement that the Notice identify : ( 1 ) The location and dimensions of the areas of potential environmental concern with respect to permanently surveyed benchmarks . (2) The type , location and quantity of regulated substances and contaminants known to exist on the Brownfields Property in excess of applicable standards and screening levels . Attached hereto as Exhibit C is a legal description of the Brownfields Property that would be sufficient as a description of the property in an instrument of conveyance . LAND USE RESTRICTIONS NCGS 130A-310 . 35 (a) also requires that the Notice identify any restrictions on the current and future use of the Brownfields Property that are necessary or useful to maintain the level of protection appropriate for the designated current or future use of the Brownfields Property and that are designated in the Brownfields Agreement. The restrictions shall remain in force in perpetuity unless canceled by the Secretary of DENR (or its successor in function) , or his/her designee, after the hazards have been eliminated, pursuant to NCGS § 130A-310 .35(e) . All references to DENR shall be understood to include any successor in function. The restrictions are hereby imposed on the Brownfields Property, and are as follows : 1 . No use may be made of the Property other than for data center, light manufacturing and warehousing purposes (and other commercial purposes and mixed use if DENR issues prior written approval) , open space, ForestCity ' s sewer pump station, the Duke Energy electrical substation appearing on the plat component of this Notice, and other utilities . Within the meaning of this restriction , the following definitions apply : a. "Data center" refers to a centralized repository for the storage, management and dissemination of data and information, along with associated office, maintenance and support facilities . b . "Light Manufacturing" refers to the indoor assembly, fabrication or processing of goods and materials , including electronic products , using processes that do not create legally noncompliant noise, . smoke, fumes , odors , glare, or health or safety hazards outdoors , and involving outdoor storage of related goods and material that does not exceed 25 percent of the floor area of all buildings on the Property. Any process water or wastewater .generated at a light manufacturing facility must be managed in compliance with all applicable laws. 2 C. "Warehousing" refers to the storage and distribution of products for a business or other enterprise, in conformance with Land Use Restriction 5 below. . d. " Commercial" refers to a business enterprise with associated office, maintenance and support facilities . - e. "Mixed use" refers to intetyratinly, commercial and residential use. f. " ® pen space" refers to land maintained in a natural or landscaped state and used for active or passive recreational purposes , natural resource protection, buffers , �Yreenways and/or detention facilities for stormwater. 2 . Surface water and groundwater at the Property may not be used for any purpose without the prior written approval of DENR. 3 . Soil disturbances must be handled in accordance with an approved Soil Management Plan including any subsequent DENR approved modifications to that plan . 4 . Excluding the buildings designated "Building 1 , " "Building 2 " and "Building 3 " on the plat component of this Notice, no building may be constructed on the Property unless DENR has determined in writing whether it would lie within 100 feet of any volatile organic contaminant plume. If DENR determines that it would lie within said zone, it may not be constructed unless: a. DENR determines in writing, based on submittals from the buildin6' s proponent, that the plume(s ) in question would not pose an unacceptable risk to the buildinLy' s users or public health and the environment; or b . vapor mitigation measures approved in writing by DENR in advance are installed to the satisfaction of a professional engineer licensed in North Carolina, as evidenced by said engineer' s seal, illustrative photographs and a brief narrative description of these measures ' implementation. 5 . None of the contaminants known to be present in the environmental media at the Property, including those appearing in Exhibit A ' s Exhibit 2 , may be used or stored at the Property without the prior written approval of DENR, except in de minimis amounts for cleaning and other routine housekeeping activities and except in stored fuels , including diesel or other fuel used in generators . 6 . The Property may not be used as an outdoor playground or for child care centers without DENR' s prior written approval. 7 . No athletic field may be constructed on the Property without prior written approval from DENR. 8 . No mining may be conducted on or under the Property without prior written approval from DENR. 9 . The owner of any portion of the Property where any existing, or subsequently installed , DENR- approved monitoring well is damaged shall be responsible for repair of any such wells to DENR' s written 3 satisfaction and within a time, period acceptable to DENR. 10 . Neither DENR nor any party conducting environmental assessment or remediation at the Property at the direction of, or pursuant to a permit, order or agyreement issued by, or entered into with , DENR may be denied access to the Property for purposes of conductinZ such environmental assessment or remediation , which is to be conducted using reasonable efforts to minimize interference with authorized uses of the Property and by providing at least five (5) days prior written notice of the timing and scope of such environmental assessment and remediation, except reLyarding hazards DENR deems imminent and situations DENR determines require an emergency response. The access allowed by this restriction shall not be interpreted to include access to proprietary and confidential information , including without limitation information from or maintained on Prospective Developer ' s clients or customers , trade secrets , business technology, customer databases , business plans and promotional and marketing activities , so long as such interpretation does not limit the access for environmental assessment or remediation allowed in this restriction . 11 . DurinLT January of each year after the year in which this Notice is recorded, the owner of any part of the Property as of January 1 " of that year shall submit a notarized Land Use Restrictions Update ("LUAU") to DENR, and to the chief public health and environmental officials of Rutherford County, certifying that, as of said January lst, the Notice of Brownfields Property remains recorded at the Rutherford County Register of Deeds office and that the land use restrictions are being complied with . The LURU shall also state • a. the name, mailing address , telephone and facsimile numbers , and contact person ' s a-mail address of the owner submitting the LURU if said owner acquired any part of the Property during the previous calendar year; b . the transferee ' s name, mailing address , telephone and facsimile numbers , and contact person ' s e-mail address , if said owner transferred any part of the Property during the previous calendar year; and C. whether any vapor mitigation measures installed pursuant to Land Use Restriction 4 . b . above are performing as designed, and whether the uses of the ground floors of any buildings containing such vapor barrier and/or mitigation systems have changed, and, if so , how. For purposes of the land use restrictions set forth above, the DENR point of contact shaU be the DENR official referenced in paragraph 34 . a. of Exhibit A hereto , at the address stated therein . ENFORCEMENT The above land use restrictions shall be enforceable without regard to lack of privity of estate or contract, lack of benefit to particular land, or lack of any property interest in particular land. The land use restrictions shall be enforced by any owner of the Brownfields Property. The land use restrictions may also be enforced by DENR through the remedies provided in NCGS 130A, Article 1 , Part 2 or by means of a civil action; by any unit of local government having jurisdiction over any part of the Brownfields Property; and by any person eligible for liability protection under the Brownfields Property Reuse Act who will lose liability protection if the restrictions are violated. Any attempt to cancel any or all of this Notice without the approval of the Secretary of DENR (or its successor in 4 function) , or his/her delegate, shall be subject to enforcement by DENR to the full extent of the law. Failure by any party required or authorized to enforce any of the above restrictions shall in no event be deemed a waiver of the right to do so thereafter as to the same violation or as to one occurring prior or subsequent thereto . FUTURE SALES , LEASES , CONVEYANCES AND TRANSFERS When any portion of the Brownfields Property is sold, leased, conveyed or transferred, pursuant to NCGS § 13 OA- 310 . 3 5 (d) the deed or other instrument of transfer shall contain in the description section, in no smaller type than that used in the body of the deed or instrument, a statement that the Brownfields Property has been classified and, if appropriate, cleaned up as a brownfields property under the Brownfields Property Reuse Act. IN WITNESS WHEREOF , Prospective Developer has caused this instrument to be duly executed this day of ,�„ r��-� °� , 2012 . Andale, Inc . By : Tho as Furlong Vice President STATE : COUNTY : I certify that the following person(F) personally appeared before me this day, each acknowledging to me that he or she voluntarily signed the foregoing document for the purpose stated therein and in the capacity indicated : -Lwb` ) cl Date : DANIIO MAYORGA JR. Official Signature o 1Vota7y Commission # t ®50720 Notary Public - California zi 41 z Contra Costa County > M Comm. Ex Iras Ma 24120t3 + Notary ' s printed or typed n e, Notary Public Of icia ea Iv1y commission expires : APPROVAL AND CERTIFICATION OF NORTH CAROLINA DEPARTMENT OF ENVIRONMENT AND NATURAL RESOURCES The foregoing Notice . of Brownfields Property is hereby approved and certified. North Carolina Departm nt of Environment and Natural Resources BY : k F6 hA3 a ® ia Linda M. Culpepper Date Deputy Director, Division of Waste Management 5 CERTIFICATION OF REGISTER OF DEEDS The foregoing documentary component of the Notice of Brownfields Property, and the associated plat, are certified to be duly recorded at the date and time , and in the Books and Pages , shown on the first page hereof. Regis r of Deeds for therford County By: Name typed or printed : Date Deputy/Aim Register of Deeds 6 Exhibit A See attached Brownfields Agreement NORTH CAROLINA DEPARTMENT OF ENVIRONMENT AND NATURAL RESOURCES IN THE MATTER OF : Andale, Inc . I UNDER THE AUTHORITY OF THE ) BROWNFIELDS AGREEMENT re : BROWNFIELDS PROPERTY REUSE ACT ) Andale Site OF 1997 , N . C . G . S . § 130A- 310 . 30 , et seq. ) 1271 Old Caroleen Road Brownfields Project # 14036- 10 - 81 ) Forest City, Rutherford County I . INTRODUCTION This Brownfields Agreement ("Agreement") is entered into by the North Carolina Department of Environment and Natural Resources ("DENR") and Andale, Inc . (collectively the " Parties " ) pursuant to the Brownfields Property Reuse Act of 1997 , N . C . G . S . § 130A-310 . 30 , et sue. (the "Act") , Andale, Inc . is a Delaware corporation formed on February 19 , 2010 . Its mailing address is 1601 South California, Palo Alto , California, 94304 . Andale , Inc . was formerly known as Andale, LLC (a Delaware limited liability company) until the conversion of Andale, LLC to Andale, Inc . under Delaware law pursuant to a Certificate of Conversion filed in the Delaware Secretary of State ' s Office on December 29 , 2010 , a copy of which is recorded in Book 14 , Page 182 of the Rutherford County Register of Deeds office . This Agreement concerns acreage in Forest City, Rutherford County, North Carolina. The acreage was partially developed at the time of application to DENR' s Brownfields Program with a vacant Burlington Industries, Inc . textile facility. A map showing the location of the subject land is attached hereto as Exhibit 1 . The Parties agree to undertake all actions required by the terms and conditions of this Agreement. The purpose of this Agreement is to settle and resolve , subject to reservations and limitations contained in Section VIII (Certification) , Section IX (DENR' s Covenant Not to Sue and Reservation of Rights) and Section X (Prospective Developer' s Covenant Not to Sue) , the potential liability of Andale, Inc . for contaminants at the property which is the subject of this Agreement. The Parties agree that Andale , Inc . ' s entry into this Agreement, and the actions undertaken by Andale, Inc . in accordance with the Agreement, do not constitute an admission of any liability by Andale, Inc . The resolution of this potential liability, in exchange for the benefit Andale, Inc . shall provide to DENR, is in the public interest. II . DEFINITIONS Unless otherwise expressly provided herein, terms used in this Agreement which are defined in the Actor elsewhere in N . C . G . So 130A, Article 9 " shall have the meaning assigned to them in those statutory provisions , including any amendments thereto . 1 . "Property" shall mean the Brownfields Property which is the subject of this Agreement, and which is depicted in Exhibit 1 to the Agreement. 2 . "Prospective Developer " shall mean Andale, Inc . III. STATEMENT OF FACTS 3 . The Property comprises approximately 153 acres at the southeast corner of the intersection of Old Caroleen Road and U . S . Highway 74 in Forest City, North Carolina, having addresses of 1181 / 1185 and 1271 / 1291 Old Caroleen Road, with associated current tax parcel identification numbers 1647936 , 1647937 , 429797 and 1644625 . Certain of the prior tax parcel identification numbers associated with part of the Property ( 1644624 ; 1638126 ; 1638125 ; 1638123 ; 1638122 ; 1638121 ; 1638131 ; 1638130 ; 1638129 1642932 ; 1642933 ) are obsolete and have been replaced by the current tax parcel identification numbers 1647936 and 1647937 . 2 Within the boundaries of the Property, but not part of the Property, is a 1 . 01 -acre parcel of land, for which an electric utility facility has been proposed, that was acquired by Duke Energy Carolinas, LLC ("Duke Energy") from Prospective Developer by deed dated December 23 , 2011 and recorded December 27 , 2011 in Book 1035 , Page 223 at the Rutherford County Register of Deeds office . The Properly was acquired by Prospective Developer by deeds recorded in November 2010 in Book 1013 , Page 807 , and Book 1013 , Page 817 at the Rutherford County Register of Deeds office, and by deeds recorded in December 2011 in Book 1035 , Page 216 and Book 1035 , Page 220 at said office . The Prospective Developer wishes to redevelop the Property as allowed by paragraph 15 below. 4 . The Property is bordered to the north by Highway 74 , beyond which lies forested land; to the south by residential property, to the east by the Second Broad River, beyond which lies forested land; and to the west by Old Caroleen Road, beyond which lies land in residential and commercial use . 5 . Prospective Developer obtained or commissioned the following reports , referred to hereinafter as the "Environmental Reports , " regarding the Property : Title Prepared By Date of Report Underground Storage Tank Closure Assessment, Aquaterra, Inc . January 22, 1990 Burlington Industries-J . C . Cowan Site, Forest City, North Carolina Phase I Environmental Site Assessment, Burlington Waters Edge May 7 , 2002 Industries, Inc ., J . C . Cowan Facility, Forest City, North Environmental, LLC . Carolina Phase I, Environmental Site Assessment, Proposed Leonhardt January 15 , 2003 Tracker Marine Manufacturing Site, Forest City, North Environmental Carolina Report of Limited Environmental Services , Former Mid-Atlantic February 13 , 2003 Burlington Industries Site, Old Caroleen Road, Forest Associates , Inc . City, Rutherford County, North Carolina - 3 Soil Remediation and Sampling Report, Former Mid-Atlantic April 22, 2003 Burlington Industries Site, Old Caroleen Road, Forest Associates, Inc . City, Rutherford County, North Carolina Jurisdictional Wetlands and Waters of the U. S . S &ME, Inc . July 7, 2004 Delineation, 70 -Acre Property, U. S . Highway 74 and Old Caroleen Road, Forest City, North Carolina Phase I Environmental Site Assessment, 70-Acre S &ME, Inc . July 7 , 2004 Property, U . S . Highway 74 and Old Caroleen Road, Forest City, North Carolina Report of Groundwater Sampling and Laboratory MACTEC Engineering March 11 , 2005 Analysis , Tracker Marine Facility, Caroleen Road, and Consulting Rutherford County, North Carolina Phase I Environmental Site Assessment, 1181 Old Leonhardt April 30 , 2009 Caroleen Road, Former Mako Marine Facility, Forest Environmental City, North Carolina, Limited Subsurface Investigation, Former Tracker S &ME, Inc . May 20 , 2009 Marine Facility, Old Caroleen Road, Forest City, Rutherford County, North Carolina Monitoring Well Installation and Sampling Report, TW- S &ME, Inc . August 31 , 2009 1 , Former Tracker Marine Facility, Old Caroleen Road, Forest City, North Carolina Limited Groundwater Assessment Report, Former Mid-Atlantic December 15 , 2009 Burlington Industries Facility, Waste Water Treatment Associates, Inc . Lagoons , Forest City, North Carolina Phase I Environmental Site Assessment, Industrial Park Leonhardt May 21 , 2010 Site, Forest City, North Carolina Environmental Assessment of Asbestos Containing Materials, Former Leonhardt July 19 , 2010 Burlington Industries and Mako Marine Building, Forest Environmental City, North Carolina Year 4 Annual Monitoring, Dwarf-Flowered Heartleaf S &ME, Inc . July 19 , 2010 Transplants , Rutherford County 74 Corporate Center, Forest City, North Carolina Phase I Environmental Site Assessment of Environ International September 2010 Approximately 160 Acres of Developed and Corporation Vacant/Wooded Land, U. S . Highway 74 and Old Caroleen Road, Forest City, North Carolina Focused Phase H Site Assessment Report, Property at Environ International October 6 , 2010 US Highway 74 and Old Caroleen Road, Forest City, Corporation North Carolina Brownfields Application Summary of Investigations, Environ International June , 2011 Forest City, North Carolina Corporation Review of Arsenic Concentrations Environ International June 10 , 2011 Corporation Former WWTP Lagoons — Investigation and Environ International July 11 , 2011 Remediation Corporation 4 Vapor Intrusion Evaluation — Future Building Pad Environ International July, 2011 Corporation Vapor Intrusion Evaluation — Building 1 Environ International July, 2011 Corporation UST Confirmation Sampling Results Environ International August 11 , 2011 Corporation Former AST Area — Investigation and Remediation Environ International August 5 , 2011 Activities Corporation Vapor Intrusion Evaluation — Future Building Pad Environ International August 23 , 2011 (supplemental letter report) Corporation 6 . For purposes of this Agreement and based on the Environmental Reports , DENR relies on the following representations by Prospective Developer, made to the best of its knowledge, as to use and ownership of the Property : a. The Property was in forested and agricultural use in 1966 when Burlington Industries, Inc . purchased the majority of the Property and constructed a textile facility . Burlington Industries , Inc . used the facility primarily for the dying of fabrics until they ceased operating at the site in March 1999 . b . Rutherford County purchased the majority of the Property in 2002 from Burlington Industries , Inc . and began seeking tenants to occupy the idle facility . C . In 2003 , Mako Marine (also known as Tracker Marine) leased the northern portion of the Property from Rutherford County and began manufacturing fiberglass boats in the former Burlington Industries , Inc . building . Mako ceased operations in 2009 . d. Prospective Developer purchased all but the portion of the Property referenced in the next subparagraph by deeds recorded on November 12 , 2010 for the purpose of constructing new data center facilities . Prospective Developer contracted to demolish the former Burlington Industries , Inc . facility and to construct the new data center facilities . 5 e . A 0 .212 -acre parcel of land that is part of the Property was conveyed, by deed recorded November 8 , 2007 , to Duke Energy by Rutherford County . Duke - Energy constructed and operated a now-demolished electrical substation there . That parcel was transferred by Duke Energy to Prospective Developer by deeds recorded, in December 2011 , in Book 1035 , Page 216 and Book 1035 , Page 220 at the Rutherford County Register of Deeds office . f. Duke Energy and Rutherford County entered into two (2) Right-of- Way Agreements regarding the Property in 2007 for electric transmission purposes . In a May 2011 Easement and Right-of-Way Agreement, Prospective Developer granted Duke Energy an easement to construct and access a since built electrical substation on the Property for provision, at this point, of electrical power to Prospective Developer. In December 2011 , Prospective Developer conveyed to Duke Energy the 1 . 01 -acre parcel referenced in paragraph 3 above for a future electrical utility facility to be located just to the east of the existing one , and an easement and right of way for access and utility lines relating to said parcel . g. Forest City has an easement on the Property to own and operate a sewer pump station. h. Prospective Developer was formerly known as Andale , LLC (a Delaware limited liability company) until the conversion of Andale, LLC to Andale , Inc . under Delaware law pursuant to a Certificate of Conversion filed in the Office of the Delaware Secretary of State on December 29 , 2010 , a copy of which is recorded in Book 14 , Page 182 at the Rutherford County Register of Deeds office . 7 . Pertinent environmental information regarding the Property includes the following : a. Volatile organic compounds are known to exist at the Property . 6 b . Data tables reflectingthe concentrations of and other information regarding g g regulated substances and contaminants detected _ at the Property in excess of applicable standards and screening levels appear in Exhibit 2 to this Agreement. Information regarding contaminants found at the Property below unrestricted use standards or screening levels appears in the Environmental Reports . 8 . For purposes of this Agreement DENR relies on Prospective Developer ' s representations that the involvement of Prospective Developer with the Property has been limited to obtaining or commissioning the Environmental Reports , preparing and submitting to DENR a Brownfields Property Application dated October 18 , 2010 , purchasing the Property by deeds recorded on November 12 , 2010 , and the following : a. Prospective Developer demolished previously existing structures for the future construction of data centers with associated office , maintenance and support facilities . b . Prospective Developer instituted an Environmental Monitoring Program, through Environ International Corporation in 2011 , to further investigate contaminants at the Property . C . Prospective Developer performed various other work at the Property as further described in the above-referenced Environmental Reports . d. Prospective Developer developed a portion of the southeast part of the Property for its new data center, which included, among other work, obtaining permits , wetlands delineation, and stormwater control . 9 . Prospective Developer has provided DENR with information, or sworn certifications regarding that information on which DENR relies for purposes of this Agreement, sufficient to 7 i demonstrate that: i a. Prospective Developer and any parent, subsidiary, or other affiliate has substantially complied with federal and state laws , regulations and rules for protection of the environment, and with the other agreements and requirements cited at N. C . G. S . § 130A- 310 . 32 (a)( 1 ) ; b . as a result of the implementation of this Agreement, the Property will be suitable for the uses specified in the Agreement while fully protecting public health and the environment; c . Prospective .Developer' s reuse of the Property will produce a public benefit commensurate with the liability protection provided Prospective Developer hereunder; d. Prospective Developer has or can obtain the financial, managerial and technical means to fully implement this Agreement and assure the safe use of the Property; and e . Prospective Developer has complied with all applicable procedural requirements . 10 . The Parties agree that a $ 30 , 000 "Redevelopment Now" fee that Prospective Developer paid to DENR suffices as the $2 , 000 fee to seek a brownfields agreement required by N . C . G. S . § 130A-310 . 39 (a)( 1 ) plus, within the meaning of N . C . G . S . § 130A- 310 . 39(a)(2) , the full cost to DENR and the North Carolina Department of Justice of all activities related to this Agreement. IV . BENEFIT TO COMMUNITY 11 . The redevelopment of the Property proposed herein would provide the following public benefits : 8 a. a return to productive use of the Property b : a spur to additional community redevelopment c . approximately 400 construction jobs and 50 ongoing jobs ; d. tax revenue for affected jurisdictions ; and £ "smart growth" through use of land in an already developed area, which avoids development of land beyond the urban fringe (" greenfields") . V . WORK TO BE PERFORMED 12 . Within 30 days after the effective date of this Agreement, Prospective Developer shall submit to DENR a proposal to abandon (on a schedule and in accordance with Subchapter 2C of Title 15A of the North Carolina Administrative Code) each groundwater monitoring well, injection well , recovery well and piezometer at the Property, and any other man-made points of groundwater access there . Prospective Developer shall comply with the plan, including any revisions required by DENR, and shall, within 30 days after doing so , provide DENR a report, subject to DENR approval, setting forth the procedures and results . Subparagraph 15 . i shall apply to man-made points of groundwater access remaining thereafter. 13 . Based on the information in the Environmental Reports , and subject to imposition of and compliance with the land use restrictions set forth below, and subject to Section IX of this Agreement (DENR' s Covenant Not to Sue and Reservation of Rights) , DENR is not requiring Prospective Developer to perform any active remediation at the Property . 14 . Prior to employees ' occupation of the buildings designated "Building 2" and "Building 3 " on the plat component of the Notice referenced in paragraph 20 below, Prospective Developer shall install in said buildings the DENR-approved pressure monitoring system 9 involving sensors that was described in a November 17 , 2011 letter from Environ International Corporation to the DENR official referenced in paragraph 34 . a. below. Said system and sensors shall be installed to the satisfaction of a professional engineer licensed in North Carolina, as evidenced by said engineer ' s seal, illustrative photographs and a brief narrative description of their installation. Prospective Developer shall comply with the DENR-approved monitoring and reporting requirements set forth in the subject November 17 , 2011 letter. 15 . By way of the Notice of Brownfields Property referenced below in paragraph 20 , Prospective Developer shall impose the following land use restrictions under the Act, running with the land, to make the Property suitable for the uses specified in this Agreement while fully protecting public health and the environment. All references to DENR shall be understood to include any successor in function. a. No use may be made of the Property other than for data center, light manufacturing and warehousing purposes (and other commercial purposes and mixed use if DENR issues prior written approval) , open space, Forest City ' s sewer pump station, the Duke Energy electrical substation appearing on the plat component of the Notice referenced below in paragraph 20 below, and other utilities . Within the meaning of this restriction, the following definitions apply : i. "Data center" refers to a centralized repository for the storage, management and dissemination of data and information, along with associated office, maintenance and support facilities . ii . "Light Manufacturing" refers to the indoor assembly, fabrication or processing of goods and materials , including electronic products , using processes that do not 10 create legally noncompliant noise, smoke, fumes, odors , glare, or health or safety hazards outdoors , and involving outdoor storage of related goods and material that does not exceed 25 percent of the floor area of all buildings on the Property . Any process water or wastewater generated at a light manufacturing facility must be managed in compliance with all applicable laws . iii . "Warehousing" refers to the storage and distribution of products for a business or other enterprise, in conformance with subparagraph 15 . e . below. iv. "Commercial" refers to a business enterprise with associated office , maintenance and support facilities . V. "Mixed use" refers to integrating commercial and residential use . vi . "Open space" refers to land maintained in a natural or landscaped state and used for active or passive recreational purposes , natural resource protection, buffers , greenways and/or detention facilities for stormwater. b . Surface water and groundwater at the Property may not be used for any purpose without the prior written approval of DENR. c . Soil disturbances must be handled in accordance with an approved Soil Management Plan including any subsequent DENR approved modifications to that plan. d. Excluding the buildings designated "Building 1 , " Building 2 " and `Building 3 " on the plat component of the Notice referenced in paragraph 20 below, no building may be constructed on the Property unless DENR has determined in writing whether it would lie within 100 feet of any volatile organic contaminant plume . If DENR determines that it would lie within said zone, it may not be constructed unless : 11 i . DENR determines in writing, based on submittals from the building ' s proponent, that the plume(s) in question would not pose an unacceptable risk to the building ' s users or public health and the environment; or ii . vapor mitigation measures approved in writing by DENR in advance are installed to the satisfaction of a professional engineer licensed in North Carolina, as evidenced by said engineer ' s seal, illustrative photographs and a brief narrative description of these measures ' implementation. e . None of the contaminants known to be present in the environmental media at the Property, including those appearing in Exhibit 2 to this Agreement, may be used or stored at the Property without the prior written approval of DENR, except in de miFnimis amounts for cleaning and other routine housekeeping activities and except in stored fuels , including diesel or other fuel used in generators . f. The Property may not be used as an outdoor playground or for child care centers without DENR' s prior written approval . g . No athletic field may be constructed on the Property without prior written approval from DENR. h. No mining may be conducted on or under the Property without prior written approval from DENR. i. The owner of any portion of the Property where any existing, or subsequently installed, DENR- approved monitoring well is damaged shall be responsible for repair of any such wells to DENR' s written satisfaction and within a time period acceptable to DENR. j . Neither DENR nor any parry conducting environmental assessment or 12 i remediation at the Property at the direction of, or pursuant to a permit, order or agreement issued by, or entered into with, DENR may be denied access to the Property for purposes of conducting such environmental assessment or remediation, which is to be conducted using reasonable efforts to minimize interference with authorized uses of the Property and by providing at least five (5) days prior written notice of the timing and scope of such environmental assessment and remediation, except regarding hazards DENR deems imminent and situations DENR determines require an emergency response . The access allowed by this restriction shall not be interpreted to include access to proprietary and confidential information, including without limitation information from or maintained on Prospective Developer ' s clients or customers , trade secrets , business technology, customer databases , business plans and promotional and marketing activities , so long as such interpretation does not limit the access for environmental assessment or remediation allowed in this restriction. k. During January of each year after the year in which the Notice referenced below in paragraph 20 is recorded, the owner of any part of the Property as of January 1 " of that year shall submit a notarized Land Use Restrictions Update ("LURU") to DENR, and to the chief public health and environmental officials of Rutherford County, certifying that, as of said January 1St, the Notice of Brownfields Property containing these land use restrictions remains recorded at the Rutherford County Register of Deeds office and that the land use restrictions are being complied with. The LURU shall also state : i . the name, mailing address , telephone and facsimile numbers, and contact person ' s e-mail address of the owner submitting the LURU if said owner acquired any part of the Property during the previous calendar year; 13 ii. the transferee ' s name, mailing address , telephone and facsimile numbers , and contact person ' s e-mail address , if said owner transferred any part of the Property during the previous calendar year; and iii. whether any vapor mitigation measures installed pursuant to subparagraph 15 . d. above are performing as designed, and whether the uses of the ground floors a of any buildings containing such vapor barrier and/or mitigation systems have changed, and, if so , how. 16 . The desired result of the above-referenced land use restrictions is to make the Property suitable for the uses specified in the Agreement while fully protecting public health and the environment. . 17 . The guidelines , including parameters , principles and policies within which the desired results are to be accomplished are, as to field procedures and laboratory testing, the Guidelines of the Inactive Hazardous Sites Branch of DENR ' s Superfund Section as embodied in their most current version, unless particular requirements of same are superseded by statute or regulation, or the parties agree otherwise . 1 S . The consequences of achieving or not achieving the desired results will be that the uses to which the Property is put are or are not suitable for the Properly while fully protecting public health and the environment. VI. ACCESS/NOTICE TO SUCCESSORS IN INTEREST 19 . In addition to providing access to the Property pursuant to subparagraph 15 .j . above, Prospective Developer shall provide DENR, its authorized officers, employees , representatives, and all other persons performing response actions under DENR oversight, access at all 14 reasonable times to other property controlled by Prospective Developer to which access is i required for the performance or oversight of any response actions at the Property under applicable law. While Prospective Developer owns the Property, DENR shall provide reasonable notice to Prospective Developer of the timing of any response actions to be undertaken by or under the oversight of DENR at the Properly. Notwithstanding any provision of this Agreement, DENR retains all of its authorities and rights , including enforcement authorities related thereto , under the Act and any other applicable statute or regulation, including any amendments thereto . 20 . DENR has approved, pursuant to N. C . G . S . § 130A-310 . 35 , a Notice of Brownfields Property for the Property containing, inter alia, the land use restrictions set forth in Section V (Work to Be Performed) of this Agreement and a survey plat of the Property . Pursuant to N . C . G . S . § 130A-310 . 35 (b) , within 15 days of the effective date of this Agreement Prospective Developer shall file the Notice of Brownfields Property in the Rutherford County, North Carolina register of deeds ' office . Within three (3 ) days thereafter, Prospective Developer shall furnish DENR a copy of the documentary component of the Notice containing a certification by the register of deeds as to the Book and Page numbers where both the documentary and plat components of the Notice are recorded, and a copy of the plat with notations indicating its recordation. 21 . This Agreement shall be attached as Exhibit A to the Notice of Brownfields Property . Subsequent to recordation of said Notice, any deed or other instrument conveying an interest in the Property shall contain the following notice : " The property which is the subject of this instrument is subject to the Brownfields Agreement attached as Exhibit A to the Notice of 15 Brownfields Property recorded in the Rutherford County land records , Book , Page " A copy of any such instrument shall be sent to the persons listed in Section XV (Notices and Submissions) , though financial figures related to the conveyance may be redacted. 22 . The Prospective Developer shall ensure that a copy of this Agreement is provided to any current lessee or sublessee on the Property as of the effective date of this Agreement and shall ensure that any subsequent leases, subleases, assignments or transfers of the Property or an interest in the Property are consistent with this Section (Access/Notice To Successors In Interest) , Section V (Work to be Performed) and Section XI (Parties Bound & Transfer/Assignment Notice) of this Agreement. VIL DUE CARE/COOPERATION 23 . The Prospective Developer shall exercise due care at the Property with respect to regulated substances and shall comply with all applicable local, State, and federal laws and regulations . The Prospective Developer agrees to cooperate fully with any remediation of the Property by DENR, which is to be conducted using reasonable efforts to minimize interference with authorized uses of the Property, and further agrees not to interfere with any such remediation. In the event the Prospective Developer becomes aware of any action or occurrence which causes or threatens a release of contaminants at or from the Property, the Prospective Developer shall promptly take all appropriate action to prevent, abate, or minimize such release or threat of release, and shall, in addition to complying with any applicable notification requirements under N. C . G. S . 130A- 310 . 1 and 143 -215 . 85 , and Section 103 of CERCLA, 42 U . S . C . § 9603 , or any other law, immediately notify DENR of such release or threatened release . 16 VIII. CERTIFICATION 24 . By entering into this agreement, the Prospective Developer certifies that, without DENR approval, it will make no use of the Property other than that committed to in the Brownfields Property Application dated November IS 2010 by which it applied for this Agreement. That use is as allowed pursuant to paragraph 15 above . Prospective Developer also certifies that to the best of its knowledge and belief it has fully and accurately disclosed to DENR all information known to Prospective Developer and all information in the possession or control of its officers, directors , employees , contractors and agents which relates in any way to any regulated substances at the Property and to its qualification for this Agreement, including the requirement that it not have caused or contributed to the contamination at the Property . IX. DENR ' S COVENANT NOT TO SUE AND RESERVATION OF RIGHTS 25 . Unless any of the following apply, Prospective Developer shall not be liable to DENR, and DENR covenants not to sue Prospective Developer, for remediation of the Property except as specified in this Agreement: a. The Prospective Developer fails to comply with this Agreement. b . The activities conducted on the Property by or under the control or direction of the Prospective Developer increase the risk of harm to public health or the environment, in which case Prospective Developer shall be liable for remediation of the areas of the Property, remediation of which is required by this Agreement, to the extent necessary to eliminate such risk of harm to public health or the environment. c . A land use restriction set out in the Notice of Brownfields Property required under N . C . G. S . 130A-310 . 35 is violated while the Prospective Developer owns the Property, in 17 which case the Prospective Developer shall be responsible for remediation of the Property to unrestricted use standards . d. The Prospective Developer knowingly or recklessly provided false information that formed a basis for this Agreement, or knowingly or recklessly offered false information to demonstrate compliance with this Agreement or failed to disclose relevant information about contamination at the Property. e . New information indicates the existence of previously unreported contaminants or an area of previously unreported contamination on or associated with the Property that has not been remediated to unrestricted use standards , unless this Agreement is amended to include any previously unreported contaminants and any additional areas of contamination. The Parties agree to work in good faith to amend this Agreement if new information indicates the existence of previously unreported contaminants or an area of previously unreported contamination on or associated with the Property has not been remediated to unrestricted use standards . If this Agreement sets maximum concentrations for contaminants , and new information indicates the existence of previously unreported areas of these contaminants, further remediation shall be required only if the areas of previously unreported contaminants raise the risk of the contamination to public health or the environment to a level less protective of public health and the environment than that required by this Agreement. f. The level of risk to public health or the environment from contaminants is unacceptable at or in the vicinity of the Property due to changes in exposure conditions, including (i) a change in land use that increases the probability of exposure to contaminants at or in the vicinity of the. Property or (ii) the failure of remediation to mitigate risks to the extent 18 required to make the Property fully protective of public health and the environment as planned in this Agreement. g . The Department obtains new information about a contaminant associated with the Property or exposures at or around the Property that raises the risk -to public health or the environment associated with the Property beyond an acceptable range and in a manner or to a degree not anticipated in this Agreement. h. The Prospective Developer fails to file a timely and proper Notice of Brownfields Property under NoC . GoSo 130A-310 . 35 . 26 . Except as may be provided herein, DENR reserves its rights against Prospective Developer as to liabilities beyond the scope of the Act, including those regarding petroleum underground storage tanks pursuant to Part 2A, Article 21A of Chapter 143 of the General Statutes . 27 . This Agreement does not waive any applicable requirement to obtain a permit, license or certification, or to comply with any and all other applicable law, including the North Carolina Environmental Policy Act, N . C . G . S . § I I3A- 1 , et seq. X. PROSPECTIVE DEVELOPER' S COVENANT NOT TO SUE 28 . In consideration of DENR ' s Covenant Not To Sue in Section IX of this Agreement and in recognition of the absolute State immunity provided in N . C . G . S . § 130A-310 . 37 (b) , the Prospective Developer hereby covenants not to sue and not to assert any claims or causes of action against DENR, its authorized officers , employees , or representatives with respect to any action implementing the Act, including negotiating, entering, monitoring or enforcing this Agreement or the above-referenced Notice of Brownfields Property . 19 XI . PARTIES BOUND 29 . This Agreement shall apply to and be binding upon DENR, and on the Prospective Developer, its officers , directors , employees , and agents . Each Party' s signatory to this Agreement represents that she or he is fully authorized to enter into the terms and conditions of this Agreement and to legally bind the Party for whom she or he signs . XII . DISCLAIMER 3 0 . This Agreement in no way constitutes a fording by DENR as to the risks to public health and the environment which may be posed by regulated substances at the Property, a representation by DENR that the Property is fit for any particular purpose, nor a waiver of Prospective Developer ' s duty to seek applicable permits or of the provisions of I C . GWSO § 130A- 310 . 37 . 31 . Except for the Land Use Restrictions set forth in paragraph 15 above and N . C . G. S . § 130A- 310 . 33 (a) ( 1 )-(5 ) ' s provision of the Act' s liability protection to certain persons to the same extent as to a prospective developer, no rights , benefits or obligations conferred or imposed upon Prospective Developer under this Agreement are conferred or imposed upon any other person. XIII . DOCUMENT RETENTION 32 . The Prospective Developer agrees to retain and make available to DENR all business and operating records, contracts, site studies and investigations , and documents relating to physical operations at the Property and this Brownfields Agreement (but not information DENR determines is proprietary and/or confidential under North Carolina ' s Public Records Act, N . C . G . S . 132) , for ten years following the effective date of this Agreement, unless otherwise agreed to in writing by the Parties . At the end of ten years , the Prospective Developer shall 20 notify DENR of the location of such documents and shall provide DENR with an opportunity to copy any of the above-referenced documents at the expense of DENR. Prospective Developer, however, is not obligated to retain and make available to DENR documents regarding information from or maintained about Prospective Developer ' s clients and customers , trade secrets, business technology, customer databases , business plans and promotional and marketing information. XIV . PAYMENT OF ENFORCEMENT COSTS 33 . If the Prospective Developer fails to comply with the terms of this Agreement, including, but not limited to , the provisions of Section V (Work to be Performed) , it shall be liable for all litigation and other reasonable enforcement costs incurred by DENR to enforce this Agreement or otherwise obtain compliance . XV . NOTICES AND SUBMISSIONS 34 . Unless otherwise required by DENR or a Party notifies the other Party in writing of a change in contact information, all notices and submissions pursuant to this Agreement shall be sent by prepaid first class U . S . mail, as follows : a. for DENR: Brad Atkinson N . C . Division of Waste Management Brownfields Program Mail Service Center 1646 Raleigh, NC 276994 646 b . for Prospective Developer: Thomas Furlong Andale, Inc.. 1601 South California Palo Alto , CA 94304 21 Notices and submissions sent by prepaid first class U. S . mail shall be effective on the third day following postmarking. Notices and submissions sent by hand or by other means affording written evidence of date of receipt shall be effective on such date . XVL EFFECTIVE DATE 35 . This Agreement shall become effective on the date the Prospective Developer signs it, after receiving it, signed, from DENR. Prospective Developer shall sign the Agreement within seven (7) days following such receipt. XVII . TERMINATION OF CERTAIN PROVISIONS 36 . If any Party believes that any or all of the obligations under Section VI (Access/Notice to Successors in Interest) are no longer necessary to ensure compliance with the requirements of the Agreement, that Party may request in writing that the other Party agree to terminate the provision(s) establishing such obligations ; provided, however, that the provision(s) in question shall continue in force unless and until the Party requesting such termination receives written agreement from the other Party to terminate such provision(s) . XVIII. CONTRIBUTION PROTECTION 37 . With regard to claims for contribution against Prospective Developer in relation to the subject matter of this Agreement, Prospective Developer is entitled to protection from such claims to the extent provided by N . C . G. S . § 130A- 310 . 37 (a)(5)- (6) . The subject matter of this Agreement is all remediation taken or to be taken and response costs incurred or to be incurred by DENR or any other person in relation to the Property . 38 . The Prospective Developer agrees that, with respect to any suit or claim for contribution brought by it in relation to the subject matter of this Agreement, it will notify DENR 22 in writing no later than 60 days prior to the initiation of such suit or claim. 39 . The Prospective Developer also agrees that, with respect to any suit or claim for contribution brought against it in relation to the subject matter of this .Agreement, it will notify DENR in writing within 10 days of service of the complaint on it. XIX. PUBLIC COMMENT 40 . This Agreement shall be subject to a public comment period of at least 30 days starting the day after the last to occur of the following : publication of the approved summary " of the Notice of Intent to Redevelop a Brownfields Property required by N . C . G. S . § 130A- 310 . 34 in a newspaper of general circulation serving the area in which the Property is located, conspicuous posting of a copy of said summary at the Property, and mailing or delivery of a copy of the summary to each owner of property contiguous to the Property. After expiration of that period, or following a public meeting if DENR holds one pursuant to N . C . G. S . § 130A- 310 . 34(c) , DENR may modify or withdraw its consent to this Agreement if comments received disclose facts or considerations which indicate that this Agreement is inappropriate , improper or inadequate . IT IS SO AGREED : NORTH CAROLINA DEP TMENT OF 'ENVIRONMENT AND NATURAL RESOURCES By: 4 /i ( _ c � ru 3 0 / Linda M. Culpepper Date Deputy Director, Division of Waste Management IT IS SO AGREED : Andale , Inc . 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Adal IF IF yr 4 . . y qq law al Ad. 0 1 /2 1 Scale in Miles . 2000 0 2000 4000 Scale in Feet SOURCE: USGS 7. 5 MINUTE FOREST CITY, NC TOPOGRAPHIC QUADRANGLE. 1993, otall IN EXHIBIT 1 R ® IN IF Frad Ad ANDALE , INC . SITE LOCATION MAP at n wwwanwonwrpmat 1271 OLD CAROLEEN ROAD Amp FOREST CITY, RUTHERFORD COUNTY, NORTH CAROLINA DRAFTED BY: KPM DATE: 8l31M11 - 07AAF de THIS MAP IS NOT A CERTIFIED SURVEY AND HAS NOT BEEN REVIEWED BY A LOCAL GOVERNMENT AGENCY FOR COMPLIANCE WITH ANY APPLICABLE LAND DEVELOPMENT REGULATIONS i Exhibit 2 The most recent environmental sampling at the Property reported in the Environmental Reports occurred in July, 2011 . The following tables set forth, for contaminants present at the Property above unrestricted use standards, the maximum concentration found at each sample location and the applicable standard or screening limit: GROUNDWATER Groundwater contaminants in micrograms per liter (the equivalent of parts per billion) , the standards for which are contained in Title 15A of the North Carolina Administrative Code , Subchapter 2L , Rule . 0202 ; January 1 , 2010 version : Table A - GroundIF water : : .ConcentrationsIFF & IF IAbove UnrestrictI IFed UseIII Standards F IN Results in ug/L Sample Location MW-8 MW-10 MW-Film11 MW- 12 MWS-06 TW-1 UST-TW-O UST-Fil Standard (for IF IF Groundwater IF & . 1 1 ' 1. reference only) 16 contaminant Date of m11 ost 9/15/2010 9/15/2,010 9/16/2010 9/25/2010 9/24/2010 9/10/2010 7/7/2011 7/7/2011. ug/C recent sampling6 . Benzene 6.28 17. 8 1 Naphthalene 40 139 6 Tetrachloroethene 1. 61 1.77 193 3. 23 2. 27 34.3 0. 7 SOIL VAPOR Soil vapor contaminants in micrograms per cubic meter, the screening limits for which are derived from Industrial Vapor Intrusion Screening Levels of the Inactive Hazardous Sites Branch of DENR' s Superfund Section (August 2011 version) : Table B - Soil Vapor Concentrations Above Industrial/Co. 6:1mmercial Unrestricte10 4 , d Use Screening Levels Results in ug/m3 611 . 1 Sample SV-Q3 SV-08 SV-Q9 SV-a3R SV-OS-R AST-SV1 UST SV-SE LocationIF Unrestricted Use IF I'll vm.S6, 1161 , oil vapor. ' .. Date of mostFilm ImmZvI & FIFFIFFF Ind ./Comm. contamimm ,nant recent 4/26jIII&20FIF11 4/26/2011 4/26/ZQil 6/30/2Qi1 7/1/201i 7/1/2IF, 011 7/1/2Q11 Screening Levels I tzl ug/m3 . : Sample depth sub-slab ti) sub-slab til sub-slabl1) 5 ft. S ft. 5 ft. 5 ft. 1,2, 4-Trimethylbenzene 1710DD 62 1,3-Butadiene 110 1T6 Tetrachloroethene 840 21D00 940 370 210 Trichloroethene 5,700 E 11400 2,D00 790 610 ( 1) - Sample collected directly beneath former Burlington facility slab, which has since been removed ( 2) - Screening levels for non-carcinogensare fora hazard quotient equal to 0. 2. Screening levels for carcinogens are fora 1.0E-5lifetime incremental cancer risk displayed for carcinogens are fora 1. DE-5 lifetime incremental cancer risk. E - Estimated result ( Concentration exceeded the calibrated range) 1 4TCINIIY MAP NUT TO SGALE EXHIBIT B ...__. .: _—_._.___._._RENSIDNS. 'fP _�7.._..,—._._ .......___ T--TF:�-r'.._ f10. 'OESCRIPi1LNT pA7L . l .:.., .. ...to bohn +: cool. of tbr,A Comma TO THE hI07iCE 0T' ORUNiJFTFLDS PROPERTY Immm Siulloym a_Trom-Urune OuckroY (Real Estonia dil'cm� •• o7- I i 4a r Cmnly el MIh.Tfare 7 klrark- l)pn ecnl BrUCe. 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" d • a ° °in rio .. � f n _ In .c n 15 r � s15I 2 M s * usa -�I LF1 IN llp z c4L yy o jc F .� ISa 3 E ':Y mf`✓ 9 _ r �- x i C v co ct la IN lel M . �. 3 el -'';mod;;'•.,.-..,�4 ol ts _ :tom , -t., P p:xe� •!; c ta 3 � N 'IaaSEE - a � _ a THIS MAP IS NOT A CERTIFIED SURVEY AND HAS NOT BEEN ,:« REVIEWED BY A LOCAL GOVERNMENT AGENCY FOR COMPLIANCE WITH ANY APPLICABLE LAND DEVELOPMENT REGULATIONS Exhibit C Legal Description of the Property of Andale , Inc. : Being located in Forest City, Rutherford County, North Carolina , in Cool Springs Township , containing approximately 152 . 752 acres, consisting of four parcels of land owned by Andale, Inc ., a Delaware corporation (formerly known as Andale , LLC, a Delaware limited liability company) (Tax PIN 1647936 , Tax PIN 1647937, Tax PIN 429797 and Tax Pin 1644625 ), and being all of the same property conveyed to Andale, LLC ( now Andale, Inc . ) by the deeds recorded in Book 1013, Page 807 and Book 1013 , Page 817, and conveyed to Andale, Inc. by the deeds recorded in Book 1035 , Page 216 and Book 1035 , Page 220, ( but less and excepting the 1 . 01 acre parcel conveyed by Andale, Inc . to Duke Energy Carolinas, LLC by deed recorded in Book 1035 , Page 223 as described below) and being more particularly described as follows (this description is the overall exterior boundary of those parcels described above ) : Commence at a concrete right-of-way monument found on the southern right-of-way fine of U . S . Highway 74 (to the east of its intersection with Old Caroleen Road ( SR- 1901 ) ) being the POINT OF BEGINNING of the parcel of land herein described , having NAD83 ( NSRS2007 ) coordinates N : 583043 . 60 E : 1157392 . 63 , and being on a curve concave to the south having a radius of 3687 . 72 feet and a central angle of 12 °49 ' 00 " and being subtended by a chord which bears North 81 °42 ' 53 " East 823 . 19 feet, and said point of beginning being located South 65 *58 ' 44 " West, 718 .74 feet from the NGS concrete monument "Cowan" having NAD83 ( NSRS2007 ) coordinates N : 583336 . 13 E : 1158049 . 01; thence from said point of beginning, and easterly along said curve and right-of-way line , an arc distance of 824 . 91 feet to a one half inch reference rebar set; thence continuing easterly an arc distance of 62 . 98 feet along said curve and right-of-way line concave to the south having a radius of 3687 . 72 feet and a central angle of 0 °58 ' 43 " ( chord - bears North 88 ° 36 '44 " East, 62 . 98 feet) to the center of the Second Broad River; thence leaving said southern right-of-way line and along the centerline of the Second Broad River South 27 `26 ' 04 " East, 38 . 52 feet; thence South 27 '26 ' 04" East, 59 . 14 feet; thence South 29 '02 ' 24 " East, 94 . 58 feet; thence South 45 ' 14 ' 16 " East, 125 . 98 feet; thence South 52 ' 20 ' 21 " East, 141 . 14 feet; thence South 40 °43 ' 27 " East, 3 .23 feet; thence South 40 °43 ' 27 " East, 22 . 53 feet; thence South 40 °43 ' 28 " East, 74 . 68 feet; thence South 34°30 ' 05 " East, 171 . 34 feet; thence South 27037 ' 19 " East, 177 . 38 feet; thence South 36 '01 ' 31 " East, 40 . 39 feet; thence South 22 ° 17 ' 29 " East, 71 . 72 feet; thence South 37036 ' 03 " East, 29 . 14 feet; thence South 37 *36' 03 " East, 117 .44 feet; thence South 37 ' 36 ' 03 " East, 30 . 68 feet; thence South 52 ' 11 ' 33 " East, 131 . 83 feet; thence South 61 ° 21 ' 47 " East, 79 . 49 feet; thence South 61 ' 21 '47 " East, 36 .99 feet; thence South 70 °08 ' 42 " East, 82 . 51 feet; thence North 77 ° 38 ' 03 East, 320 . 88 feet; thence North 88 ° 12 ' 38 " East, 111 . 37 feet; thence North 61 ° 56 ' 29 " East, 69 . 46 feet; thence North 73010 ' 24 " East, 81 . 81 feet; thence North 67 '55 ' 33 " East, 91 . 62 feet; thence North 67040 ' 47 " East, 92 . 08 feet; thence North 69 ° 11 ' 44 " East, 39 . 21 feet; thence North 82 ° 15 ' 15 " East, 60 . 91 feet; thence North 85 ' 25 ' 17 " East, 89 . 73 feet; thence North 81052 ' 24 " East, 92 . 62 feet; thence South 84 °37 ' 21 " East, 124 . 09 feet; thence South 60006 ' 53 " East, 8 . 82 feet; thence leaving said centerline, South 52008 ' 37 " West, 77 .01 feet to a one inch pipe found ; thence South 52 °08 ' 37 " West, 1729 . 54 feet to a disturbed one inch bar found in concrete ; thence South 52008 ' 30 " West, 800 .20 feet to a disturbed three quarter inch open top iron pin found ; thence South 26 °07 ' 50" West, 240 . 25 feet; thence South 26 `07 ' 50 " West, 781 . 10 feet to a one and one half inch open top iron pin found on the north maintenance right-of-way line of Low Bridge Road ( SR- 1911 ) ; thence South 26 '35 ' 58 " West, 27 . 47 feet to a PK nail found in the centerline of Low Bridge Road ( SR- 1911 ) ; thence along said centerline, North 82044 ' 16 " West, 138 . 85 feet to a rail road spike found ; thence North 83041 ' 15 " West, 49 . 38 feet to a point; thence North 84037 ' 01 " West, 49 . 10 feet to a point; thence North 85 °44.' 11 " West, 48 . 76 feet to a point; thence North 86 '54' 03 " West, 47 . 54 feet to a point; thence North 88 °41 ' 56 " West, 28 . 39 feet to a point; thence leaving said centerline, North 06 '23 ' 18 " WCSR 7052313v3 East, 24 . 83 feet to a one half inch rebar found , on the north maintenance right-of-way line of Low Bridge Road (SR-191.1); thence leaving said right-of-way line , North 06 °25 ' 22 " East, 728 . 88 feet to a one inch open top iron pin found ; thence South 86 ° 11 ' 32" West, 200 . 56 feet to a concrete monument with aluminum disk found ; thence South 86 ° 07 ' 49 " West, 527 . 23 feet to a disturbed one half inch rebar found ; thence South 83034 ' 51 " West, 382 . 65 feet to a one half inch rebar found ; thence North 19 ' 14 ' 21 " West, 74 . 25 feet to a five-eighths inch rebar found ; thence North 80` 13 ' 27" West, 78 . 95 feet to a one half inch rebar found , thence North 80 ° 15 ' 16" West, 4 . 20 feet to the east right-of-way line of Old Caroleen Road ( SR4901 ) ; thence leaving said right-of-way line for Old Caroleen Road, North 80 ' 15 ' 16" West, 33 . 37 feet to a PK nail found in the centerline of Old Caroleen Road ; thence with the centerline of Old Caroleen Road, North 16 * 12 ' 00" West, 66 . 35 feet; thence North 15 ' 24 ' 37" West, 105 . 05 feet; thence North 15 °01 '46" West, 146 . 67 feet to a PK nail found ; thence North 14054' 18 " West, 70 . 31 feet to a PK nail found ; thence North 14 °48 ' 11 " West, 215 . 25 feet to a PK nail found ; thence leaving said centerline, North 77024 ' 31 " East, 22 . 69 feet to a five-eighths inch rebar found ( L-2718 ) ; thence North 77 °07 ' 25 " East, 7 . 33 feet to a one half inch rebar set on the east right-of-way line of Old Caroleen Road ( SR- 1901 ) ; thence leaving said right-of-way line, North 77 *07 ' 25 " East, 191 . 66 feet to a one inch open top iron pin found ; thence North 15 '09 ' 57 " West, 198 . 64 feet to a one inch bar found in concrete ; thence South 77028 ' 20 " West, 140 . 40 feet to a nail found ; thence South 77 ' 28 ' 20 " West, 29 . 93 feet to a point on the eastern right-of-way line of Old Caroleen Road ( SR- 1901 ) ; thence leaving said right-of-way line, South 77 ' 28 ' 20 " West, 49 . 74 feet to a point in the centerline of Old Caroleen Road ( SR- 1901 ) ; thence along said centerline, North 14050 ' 14 " West, 30 . 00 feet to a point; thence North 14 '50 ' 14 " West, 492 . 55 feet to a point; thence North 14* 50 ' 14 " West, 40 . 06 feet to a point; thence North 14 '50 ' 14" West, 21 . 55 feet to a point; thence leaving said centerline, North 75 °03 ' 13 " East, 49 . 81 feet to a two inch flat bar found ; thence North 14'20 ' 03 " West, 174 . 93 feet to a concrete right-of-way monument found at the intersection of the eastern right-of-way line of Old Caroleen Road ( SR- 1901 ) and the southern right-of-way line of U .S . Highway 74; thence along the southern right-of-way line of U . S . Highway 74, North 54°04 ' 39 " East, 1081 . 16 feet to a concrete right-of-way monument found ; thence North 71042 ' 41 " East, 441 . 12 feet to a disturbed concrete right-of-way monument found ; thence North 14 *28 ' 41 " West, 27 . 95 feet to the point of beginning . LESS AND EXCEPTING from the property described, above, that certain approximately 1 . 01 acre parcel conveyed by Andale, Inc. to Duke Energy Carolinas, LLC by deed recorded in Book 1035 , Page 223 , and being more particularly described as follows : Commence at the NGS concrete monument " Cowan " ( NAD83 ( NSRS2007) N : 583336 . 13 E : 1158049 . 01) ; thence South 22045 ' 43 " West, 2543 . 05 feet to a 1/2 inch rebar and point of beginning of the parcel of land herein described ; thence from said POINT OF BEGINNING , South 72014 ' 57 " East, 180 . 56 feet to a 1/2 inch rebar; thence South 27 ' 19 ' 05 " East, 54 . 08 feet to a 1/2 inch rebar; thence South 17 °42 ' 51 " West, 110 . 74 feet to a 1/2 inch rebar; thence South 62 °42 ' 39 " West, 54 . 22 feet to a 1/2 inch rebar; thence North 72015 ' 00 " West, 205 . 18 feet to a 1/2 inch rebar, on an existing sixty-eight foot wide electric transportation right-of-way ( DB 947/ PG 84, PB 28/ PG .245 ) ; thence along said existing sixty-eight . foot wide electric transportation right-of-way, North 17 °46 ' 26 " East, 187 . 30 feet to a 1/2 inch rebar; thence leaving said existing sixty-eight foot wide electric transportation right-of-way, South 72 ° 14 ' 57 " East, 24 . 50 feet to the point of beginning . Rutherford County , NC Faye H . Huskey Register of Deeds 229 N Main St Rutherfordton , NC 28139 Phone Number : ( 828 ) 287 - 6156 Official Receipt : 2012 - 00001097 Printed on 02 / 15 /2012 at 03 : 17 ; 15 PM By : 72 on RDFEE2 WOMBLE CARLYLE SANDRIDGE & RICE LLP Date Recorded : 02 / 15 /2012 Instrument ID Recorded Time Amount Bk 33 Pg 18 03 / 14146 PM $ 21 , 00 PLATS ANDALE INC TO : ANDALE INC RT Accounts Amount PLATS $21 , 00 COPY $0 , 00 Bk 33 Pg 19 0311SK21 PM $ 21 , 00 PLATS ANDALE INC TO ; ANDALE INC RT Accounts Amount PLATS $ 21 , 00 COPY $0 , 00 Bk 33 Pg 20 03915134 PM $21 . 00 PLATS ANDALE INC TO ; ANDALE INC RT Accounts Amount PLATS $21 , 00 COPY $0 , 00 Bk 1038 Pg 120 03 . 16118 Phi $ 114 , 00 NOTICE ANDALE INC T04NC DEPARTMENT OF ENVIRONMENT RT Accounts Amount DEEDS $ 107 . 80 STATE GENERAL FUND $6 . 20 Itemized Check Listing Check # 39562 $ 177 . 00 Total Due : $ 177 , 00 Paid By Check : $ 177 . 00 Change Tendered ; $0400 PLEASE VISIT OUR WEBSITE AT WK RUTHERFORD COUNTYNC . GOV