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HomeMy WebLinkAbout23057_CharlotteVan&Storage_Public Comment Package23057-19-060/Charlotte Van & Storage Co./20210708 SUMMARY OF NOTICE OF INTENT TO REDEVELOP A BROWNFIELDS PROPERTY Brownfields Property Name: Charlotte Van & Storage Co. Brownfields Project Number: 23057-19-060 Pursuant to the North Carolina Brownfields Property Reuse Act (the “Act”) authorized by North Carolina General Statutes (NCGS) § 130A-310.30 through 130A-310.40, and specifically pursuant to NCGS § 130A- 310.34, Lennar Multifamily Communities, LLC, as Prospective Developer, has filed with the North Carolina Department of Environmental Quality (“DEQ”) a Notice of Intent to Redevelop a Brownfields Property (“Property”) located at 213 Verbena Street, 4607 Gilead Street and 4615 Gilead Street, Charlotte, Mecklenburg County. The Brownfields Property consists of approximately 5.7 acres, and has been occupied by Charlotte Van & Storage Company, a storage and distribution facility (213 Verbena Street), Kub’s Auto Upholstery and Quality Auto Painting (4615 Gilead Street), and a vacant, cleared residential parcel (4607 Gilead Street). Environmental contamination exists on the Brownfields Property in soil, groundwater, and soil gas. Lennar Multifamily Communities, LLC, has committed itself to redevelop the Brownfields Property for no uses other than high density residential use, office, and parking. The Notice of Intent to Redevelop a Brownfields Property includes: (1) a proposed Brownfields Agreement between DEQ and Lennar Multifamily Communities, LLC, which in turn includes (a) a map showing the location of the Property, (b) a description of the contaminants involved and their concentrations in the media of the Property, (c) the above-stated description of the intended future use of the Brownfields Property, and (d) proposed investigation and remediation; and (2) a proposed Notice of Brownfields Property prepared in accordance with NCGS § 130A-310.35. The full Notice of Intent to Redevelop a Brownfields Property may be reviewed online at the DEQ public record database, Laserfiche, by entering the project number 23057-19-060 into the search bar at the following web address: https://edocs.deq.nc.gov/WasteManagement/Welcome.aspx?dbid=0&repo=WasteManagement The “Act” requires a public comment period of at least 30 days. The first day of public comment is defined as the day after which all of the following public notice tasks have occurred: the date this Notice is: (1) published in a newspaper of general circulation serving the area in which the Brownfields Property is located; (2) conspicuously posted at the Brownfields Property; and (3) mailed or delivered to each owner of property contiguous to the Brownfields Property. Written public comments may be submitted to DEQ within 30 days after the public comment period begins. Written requests for a public meeting may be submitted to DEQ within 21 days after the public comment period begins. These periods will start no sooner than July 16, 2021, and will end no sooner than the later of: 1) 30 and 21 days, respectively, after that; or 2) 30 and 21 days, respectively, after completion of the latest of the three (3) above-referenced tasks, if such completion occurs later than the date stated herein. All public comments and public meeting requests should be addressed as follows: Mr. Bruce Nicholson Brownfields Program Manager Division of Waste Management NC Department of Environmental Quality 1646 Mail Service Center Raleigh, North Carolina 27699-1646 23057-19-060/Charlotte Van & Storage Co./20210708 1 NOTICE OF INTENT TO REDEVELOP A BROWNFIELDS PROPERTY Brownfields Property Name: Charlotte Van & Storage Co. Brownfields Project Number: 23057-19-060 North Carolina’s Brownfields Property Reuse Act (the “Act”), North Carolina General Statutes (“NCGS”) § 130A-310.30 through 130A-310.40, provides for the safe redevelopment of abandoned, idled, or underused properties at which expansion or redevelopment is hindered by actual or potential environmental contamination. One of the Act’s requirements is the submittal of this Notice of Intent to Redevelop a Brownfields Property (“NI”) that has been approved by the North Carolina Department of Environmental Quality (“DEQ”) for public notification purposes as per NCGS § 130A-310.34(a). The NI shall provide, to the extent known, a legal description of the location of the Brownfields Property, a map showing the location of the Brownfields Property, a description of the contaminants involved and their concentrations in the media of the Brownfields Property, a description of the intended future use of the Brownfields Property, any proposed investigation and remediation, and a proposed Notice of Brownfields Property (“NBP”) prepared in accordance with NCGS § 130A-310.35. The proposed NBP for a particular brownfields project is attached hereto. The proposed NBP includes the proposed Brownfields Agreement, which is attached as Exhibit A, and the other required elements of this NI. A Summary of this Notice of Intent (“SNI”) shall include a statement as to the public availability of the full NI. The party (“Prospective Developer”) who desires to enter into a Brownfields Agreement with DEQ must provide a full copy of this NI to all local governments having jurisdiction over the Brownfields Property. The Act requires a public comment period of at least 30 days. The first day of public comment is defined as the day after which all of the following public notice tasks have occurred: the date the required SNI is: (1) published in a newspaper of general circulation serving the area in which the Brownfields Property is located; (2) conspicuously posted at the Brownfields Property; and (3) mailed or delivered to each owner of property contiguous to the Brownfields Property. Written public comments may be submitted to DEQ within 30 days after the public comment period begins. Written requests for a public meeting may be submitted to DEQ within 21 days after the public comment period begins. These periods will start no sooner than July 16, 2021 and will end no sooner than the later of: 1) 30 and 21 days, respectively, after that; or 2) 30 and 21 days, respectively, after completion of the latest of the three (3) above-referenced tasks, if such completion occurs later than the date stated herein. All comments and meeting requests should be addressed as follows: Mr. Bruce Nicholson Brownfields Program Manager Division of Waste Management NC Department of Environmental Quality 1646 Mail Service Center Raleigh, North Carolina 27699-1646 23057-19-060/Charlotte Van & Storage Co./20210708 1 Property Owner: LMC Verbena Holdings, LLC Recorded in Book ____, Page ____ Associated plat recorded in Plat Book ____, Page ____ NOTICE OF BROWNFIELDS PROPERTY Brownfields Property Name: Charlotte Van & Storage Co. Brownfields Project Number: 23057-19-060 This documentary component of a Notice of Brownfields Property (“Notice”), as well as the plat component, have been filed this _____ day of __________________, 2021 by Lennar Multifamily Communities, LLC (“Prospective Developer”). This Notice concerns contaminated property. A copy of this Notice certified by the North Carolina Department of Environmental Quality (“DEQ”) 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 (“NCGS”), § 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 (“Brownfields Property”) being addressed under the Brownfields Property Reuse Act of 1997, NCGS § 130A, Article 9, Part 5 (“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 DEQ’s approval of the Notice or Prospective Developer’s entry into the Brownfields Agreement required by the Act, whichever is later. The copy of the Notice certified by DEQ 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 the Prospective Developer’s name. The Brownfields Property consists of three parcels of land totaling approximately 5.7 acres located at 213 Verbena Street, 4607 Gilead Street, and 4615 Gilead Street. The 23057-19-060/Charlotte Van & Storage Co./20210708 2 Brownfields Property is associated with Mecklenburg County parcel numbers 14903412, 14903415, and 14903416, respectively. Lennar Multifamily Communities, LLC intends to redevelop the property for no other uses than high density residential, office, and parking. Historically the Brownfields Property was primarily agricultural with small structures located in the southwestern portion of the property in the late 1930s. From the late 1940s to the late 1960s, residences were constructed on the southwestern, southern, and northeastern portions of the property. The 4607 Gilead Street parcel contained a residence in the 1960s, but the structure was razed, and the lot has remained undeveloped since the 1970s. In 1969, Charlotte Van & Storage Company constructed a storage/distribution building at 213 Verbena Street and added a service garage in 1974 for maintenance and repairs of their fleet vehicles. An automotive repair building was constructed in 1972 at 4615 Gilead Street and has been occupied by multiple tenants for automotive repair, paint, and body shop operations since construction, and most recently by Kub’s Auto Upholstery and Quality Auto Painting. Onsite activities have contributed to impacts in soil, groundwater, and soil gas at the Brownfields Property. The Brownfields Agreement between Prospective Developer and DEQ is attached hereto as Exhibit A. It is required by NCGS § 130A-310.32 and 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. The Brownfields Agreement’s Exhibit 2 consists of one or more data tables reflecting the concentrations of and other information regarding the Brownfields Property’s regulated substances and contaminants. Attached as Exhibit B to this Notice is a reduction, to 8.5 inches x 11 inches, of the survey plat component of this Notice. This plat shows areas designated by DEQ, has been prepared and certified by a professional land surveyor, meets the requirements of NCGS § 47-30, 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. 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 DEQ (or its successor in function), or his/her 23057-19-060/Charlotte Van & Storage Co./20210708 3 designee, after the hazards have been eliminated, pursuant to NCGS § 130A-310.35(e). All references to DEQ shall be understood to include any successor in function. The land use restrictions below have been excerpted verbatim from paragraph 12 of the Brownfields Agreement, and all subparagraph letters/numbers are the same as those used in the Brownfields Agreement. The following land use restrictions are hereby imposed on the Brownfields Property: a. No use may be made of the Brownfields Property other than for high density residential use, office, and parking. For purposes of this restriction, the following definitions apply: i. High-Density Residential defined as permanent dwellings where residential units are attached to each other with common walls, such as condominia, apartments, group homes, dormitories or boarding houses, and any property outside the dwelling structures is usable by all residents and not privately owned as part of a particular unit (e.g., privately-owned courtyards are prohibited), and may include related amenities, such as pools, clubhouses, courtyards, common areas, recreation areas and parking garages. Single family homes are prohibited; townhomes, duplexes or other units with yards are prohibited unless approved in writing by DEQ in advance. ii. Office defined as the provision of business or professional services. iii. Parking defined as the temporary accommodation of motor vehicles in an area designed for same. b. Physical redevelopment of the Brownfields Property may not occur other than in accord, as determined by DEQ, with an EMP approved in writing by DEQ in advance (and revised to DEQ’s written satisfaction prior to each subsequent redevelopment phase) that is consistent with all the other land use restrictions and describes redevelopment activities at the Brownfields Property, the timing of redevelopment phases, and addresses health, safety and environmental issues that may arise from use of the Brownfields Property during construction or redevelopment in any other form, including without limitation: i. demolition of existing structures, if applicable; ii. issues related to known or potential sources of contamination, including without limitation those resulting from contamination identified in paragraph III above, and Exhibit 2; iii. contingency plans for addressing, including without limitation the testing of soil and groundwater, newly discovered or newly accessible potential sources of environmental contamination (e.g., USTs, ASTs, tanks, drums, septic drain fields, oil-water separators, soil contamination); iv. plans for the proper characterization of, and, as necessary, disposal of building materials or contaminated soils excavated during redevelopment; and 23057-19-060/Charlotte Van & Storage Co./20210708 4 v. plans for the proper removal of any above ground storage tanks (ASTs). c. Within 90 days after each one-year anniversary of the effective date of this Agreement for as long as physical redevelopment of the Brownfields Property continues (except that the final deadline shall fall 90 days after the conclusion of physical redevelopment), the then-owner of the Brownfields Property shall provide DEQ a report subject to written DEQ approval on environment-related activities since the last report, with a summary and drawings, that describes: i. actions taken on the Brownfields Property in accordance with Section VI: Work to be Performed above; ii. soil grading and cut and fill actions; iii. methodology(ies) employed for field screening, sampling and laboratory analysis of environmental media; iv. stockpiling, containerizing, decontaminating, treating, handling, laboratory analysis and ultimate disposition of any soil, groundwater or other materials suspected or confirmed to be contaminated with regulated substances; and v. removal of any contaminated soil, water or other contaminated materials (for example, concrete, demolition debris) from the Brownfields Property (copies of all legally required manifests shall be included). d. Unless compliance with this Land Use Restriction is waived in writing in advance by DEQ in relation to particular buildings, demolition and/or renovation of any or all buildings on the Brownfields Property depicted on the plat component of the Notice referenced in paragraph 16 below shall be in accordance with applicable legal requirements, including without limitation those related to lead and asbestos abatement that are administered by the Health Hazards Control Unit within the Division of Public Health of the North Carolina Department of Health and Human Services. e. Within 90 days after the effective date of this Agreement, the known ASTs shall be removed and addressed in accordance with a plan as identified above in subparagraph 12.b.v. to the written satisfaction of DEQ. f. Groundwater at the Brownfields Property may not be used for any purpose without the prior written approval of DEQ along with any measures DEQ deems necessary to ensure that the Brownfields Property will be suitable for the uses specified in subparagraph 12.a above while fully protecting public health and the environment. Should groundwater be encountered or exposed during any activity on the Brownfields Property, it shall be managed in accordance with the DEQ-approved EMP outlined in subparagraph 12.b., or a plan approved in writing in advance by DEQ. g. No use of the Brownfields Property may occur until the then owner of the Brownfields Property conducts representative final grade soil sampling of any area within the Brownfields Property pursuant to a plan approved in writing by DEQ that is not covered by building foundations, sidewalks, or asphaltic or concrete parking areas and driveways. 23057-19-060/Charlotte Van & Storage Co./20210708 5 h. Unless otherwise approved by DEQ in writing after results of final grade soil sampling are received in accordance with subparagraph 12.g, above, no activity that disturbs soil on the Brownfields Property may occur unless and until DEQ states in writing, in advance of the proposed activity, that said activity may occur if carried out along with any measures DEQ deems necessary to ensure the Brownfields Property will be suitable for the uses specified in subparagraph 12.a. above while fully protecting public health and the environment, except: i. in connection with landscape planting to depths not exceeding 24”; ii. mowing and pruning of above-ground vegetation; iii. for repair of underground infrastructure, provided that DEQ shall be given written notice at least seven days in advance of a scheduled repair (if only by email) of any such repair, or in emergency circumstances no later than the next business day, and that any related assessment and remedial measures required by DEQ shall be taken; and iv. in connection with work conducted in accordance with a DEQ-approved EMP as outlined above in subparagraph 12.b. i. Soil may not be removed from, or brought onto, the Brownfields Property without prior sampling and analysis to DEQ’s satisfaction and the written approval of DEQ, unless conducted in accordance with an approved EMP as outlined above in subparagraph 12.b. j. No enclosed building may be constructed on the Brownfields Property, and no existing building, defined as those depicted on the plat component of the Notice of Brownfields Property referenced in paragraph 16, below, may be occupied until DEQ determines in writing that: i. the building is or would be protective of the building’s users and public health from risk of vapor intrusion based on site assessment data, or a site-specific risk assessment approved in writing by DEQ; or ii. a vapor intrusion mitigation system (VIMS) has been: 1. designed to mitigate vapors for subgrade building features in accordance with the most recent and applicable DWM Vapor Intrusion Guidance, Interstate Technology & Regulatory Council (ITRC) guidance, and American National Standards Institute (ANSI)/American Association of Radon Scientists and Technologists (AARST) standards, and that said design shall fully protect public health to the satisfaction of a professional engineer licensed in North Carolina, as evidenced by said engineer’s professional seal, and shall include a performance monitoring plan detailing methodologies and schedule, both of which are subject to prior written DEQ approval; and 2. installed and an installation report is submitted for written DEQ approval that includes details on any deviations from the system design, as-built diagrams, photographs, and a description of the installation with said engineer’s professional seal confirming that the system was installed per the DEQ-approved design and will be protective of public health. k. Unless an active VIMS is implemented for any multi-family residential 23057-19-060/Charlotte Van & Storage Co./20210708 6 structures in accordance with subparagraph 12.j.ii. above, no occupancy of the Brownfields Property for the uses defined below in subparagraph 12.a may occur until a work plan for the installation and sampling of a minimum of two soil gas monitoring points for each proposed apartment building is approved by DEQ, and until the first round of sampling activities under the work plan is completed to DEQ’s written satisfaction. The work plan will include, at a minimum, details on schedule and methodology for installation and sampling of permanent soil gas monitoring points for VOCs by EPA Method TO-15 within one month after monitoring point installation and then annually. Should the analytical results obtained from the soil gas sampling indicate exposures at the Brownfields Property that raise the risk to public health or the environment associated with the Brownfields Property beyond an acceptable range and in a manner or to a degree not anticipated in this Agreement, DEQ may require that the then owner(s) re-evaluate that risk for areas potentially subject to said risk and to take action to reduce said risk to make the Brownfields Property suitable for the uses authorized below in subparagraph 12.a while fully protecting public health and the environment. l. Neither DEQ, nor any party conducting environmental assessment or remediation at the Brownfields Property at the direction of, or pursuant to a permit, order or agreement issued or entered into by DEQ, may be denied access to the Brownfields Property for purposes of conducting such assessment or remediation, which is to be conducted using reasonable efforts to minimize interference with authorized uses of the Brownfields Property. m. The owner of any portion of the Brownfields Property where any existing, or subsequently installed, DEQ-approved monitoring well or vapor sample point is damaged by the owner, its contractors, or its tenants shall be responsible for repair of any such wells to DEQ’s written satisfaction and within a time period acceptable to DEQ, unless compliance with this Land Use Restriction is waived in writing by DEQ in advance. n. Any deed or other instrument conveying an interest in the Brownfields Property shall contain the following notice: “This property is subject to the Brownfields Agreement attached as Exhibit A to the Notice of Brownfields Property recorded in the Mecklenburg County land records, Book ____, Page ____.” A copy of any such instrument shall be sent to the persons listed in Section XVII (Notices and Submissions), though financial figures and other confidential information related to the conveyance may be redacted to the extent said redactions comply with the confidentiality and trade secret provisions of the North Carolina Public Records Law. The owner conveying an interest may use the following mechanisms to comply with the obligations of this subparagraph: (i) If every lease and rider is identical in form, the owner conveying an interest may provide DEQ with copies of a form lease or rider evidencing compliance with this subparagraph, in lieu of sending copies of actual, executed leases, to the persons listed in Section XVII (Notice and Submissions); or (ii) The owner conveying an interest may provide abstracts of leases, rather than full copies of said leases, to the persons listed in Section XVII. o. None of the contaminants known to be present in the environmental media at the Brownfields Property, as described in Exhibit 2 of this Agreement and as modified by DEQ in writing if additional contaminants in excess of applicable standards are discovered at the Brownfields Property, may be used or stored at the Brownfields Property without the prior 23057-19-060/Charlotte Van & Storage Co./20210708 7 written approval of DEQ, except: i. in de minimis quantities for cleaning and other routine housekeeping and maintenance activities; ii. as fuel or other fluids customarily used in vehicles, landscaping equipment and emergency generators. p. During January of each year after the year in which the Notice referenced below in paragraph 16 is recorded, the owner of any part of the Brownfields Property as of January 1st of that year shall submit a notarized Land Use Restrictions Update (“LURU”) to DEQ, and to the chief public health and environmental officials of Mecklenburg County, certifying that, as of said January 1st, the Notice of Brownfields Property containing these land use restrictions remains recorded at the Mecklenburg County Register of Deeds office and that the land use restrictions are being complied with. The submitted LURU shall state the following: 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 Brownfields Property during the previous calendar year; 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 Brownfields Property during the previous calendar year; iii. whether any vapor barrier and/or mitigation systems and any associated subgrade vapor monitoring network installed pursuant to subparagraph 12.j. 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. iv. A LURU submitted for rental units shall include enough of each lease entered into during the previous calendar year to demonstrate compliance with lessee notification requirements in subparagraph 12.n, above, and paragraph 17, below, of this Agreement provided that if standard form leases are used in every instance, a copy of such standard form lease may be sent in lieu of copies of actual leases. v. A property owners’ association or other entity may perform this LURU’s duties, on behalf of some or all owners of the Brownfields Property, if said association or entity has accepted responsibility for such performance pursuant to a notarized instrument satisfactory to DEQ that includes at a minimum, the name, mailing address, telephone and facsimile numbers, and e-mail address of each owner on whose behalf the LURU is proposed to be submitted. For purposes of the land use restrictions set forth above, the DEQ point of contact shall be the DEQ Brownfields Property Management Unit referenced in subparagraph 31.a. of Exhibit A hereto, at the address stated therein. 23057-19-060/Charlotte Van & Storage Co./20210708 8 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 DEQ 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 DEQ (or its successor in function), or his/her delegate, shall be subject to enforcement by DEQ 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 § 130A-310.35(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 _______________, 2021. Lennar Multifamily Communities, LLC By: __________________________________________ Jeffrey W. Harris NORTH CAROLINA _______________ COUNTY I certify that the following person(s) 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: ________________________________. Date: ___________________ ___________________________________ 23057-19-060/Charlotte Van & Storage Co./20210708 9 Official Signature of Notary ___________________________________ (Official Seal) Notary’s printed or typed name, Notary Public My commission expires: _____________________ ************************************ ACKNOWLEDGMENT OF PROPERTY OWNER As the current owner, or representative of said owner, of at least part of the Brownfields Property, I hereby acknowledge recordation of this Notice of Brownfields Property and the land use restrictions contained herein. LMC Verbena Holdings, LLC By: _______________________________________________ ________________________ Jeffrey W. Harris Date NORTH CAROLINA _______________ COUNTY I certify that the following person(s) 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: ________________________________. Date: ___________________ ___________________________________ Official Signature of Notary ___________________________________ Notary’s printed or typed name, Notary Public (Official Seal) My commission expires: _____________________ ************************************ 23057-19-060/Charlotte Van & Storage Co./20210708 10 APPROVAL AND CERTIFICATION OF NORTH CAROLINA DEPARTMENT OF ENVIRONMENTAL QUALITY The foregoing Notice of Brownfields Property is hereby approved and certified. North Carolina Department of Environmental Quality By: _________________________________________ ________________________ Michael Scott Date Director, Division of Waste Management 1 Charlotte Van & Storage/23057-19-060/20210708 PC EXHIBIT A NORTH CAROLINA DEPARTMENT OF ENVIRONMENTAL QUALITY IN THE MATTER OF: Lennar Multifamily Communities, LLC UNDER THE AUTHORITY OF THE ) BROWNFIELDS AGREEMENT re: BROWNFIELDS PROPERTY REUSE ACT ) Charlotte Van & Storage Co. OF 1997, NCGS § 130A-310.30, et seq. ) 213 Verbena Street and Brownfields Project No. 23057-19-060 ) 4607 & 4615 Gilead Street Charlotte, Mecklenburg County I. INTRODUCTION This Brownfields Agreement (“Agreement”) is entered into by the North Carolina Department of Environmental Quality (“DEQ”) and Lennar Multifamily Communities, LLC (collectively the "Parties") pursuant to the Brownfields Property Reuse Act of 1997, NCGS § 130A-310.30, et seq. (the “Act”) for the property located at 213 Verbena Street and 4607 & 4615 Gilead Street (the “Brownfields Property”). A map showing the location of the Brownfields Property that is the subject of this Agreement is attached hereto as Exhibit 1. The Prospective Developer is Lennar Multifamily Communities, LLC, a Limited Liability Company, headquartered at 500 East Morehead Street, Suite 300, Charlotte, North Carolina, 28202. Its manager is Jeffrey W. Harris at the same address. 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 X (Certification), Section XI (DEQ’s Covenant Not to Sue and Reservation of Rights) and Section XII (Prospective Developer’s Covenant Not to Sue), the potential liability of Lennar Multifamily Communities, LLC for contaminants at the Brownfields Property. 2 Charlotte Van & Storage/23057-19-060/20210708 PC The Parties agree that Lennar Multifamily Communities, LLC’s entry into this Agreement, and the actions undertaken by Lennar Multifamily Communities, LLC in accordance with the Agreement, do not constitute an admission of any liability by Lennar Multifamily Communities, LLC for contaminants at the Brownfields Property. The resolution of this potential liability, in exchange for the benefit Lennar Multifamily Communities, LLC shall provide to DEQ, is in the public interest. II. DEFINITIONS Unless otherwise expressly provided herein, terms used in this Agreement which are defined in the Act or elsewhere in NCGS § 130A, Article 9 shall have the meaning assigned to them in those statutory provisions, including any amendments thereto. 1. “Brownfields Property” shall mean the property which is the subject of this Agreement, and which is depicted in Exhibit 1 to the Agreement. 2. “Prospective Developer” shall mean Lennar Multifamily Communities, LLC. III. BROWNFIELDS PROPERTY INFORMATION SUMMARY 3. Relevant information about the history, ownership, and uses of the Brownfields Property is provided in the following summary table. Refer to Exhibit 2 to this Agreement that presents data table(s) of the contaminants present at the Brownfields Property at concentrations above their applicable standards or screening levels for each media sampled. BROWNFIELDS PROPERTY INFORMATION SUMMARY Parcel Address(es) & Parcel IDs 213 Verbena Street (Parcel ID 14903412), 4607 Gilead Street (Parcel ID 14903415), and 4615 Gilead Street (Parcel ID 14903416), Charlotte, Mecklenburg County Acreage Approximately 5.7 Current Property Owner LMC Verbena Holdings, LLC Current Land Use(s) 213 Verbena Street is used for warehousing, distribution, and 3 Charlotte Van & Storage/23057-19-060/20210708 PC BROWNFIELDS PROPERTY INFORMATION SUMMARY truck maintenance. 4607 Gilead Street was formerly a residence but is currently vacant land. 4615 Gilead Street was used for auto painting and upholstery but is currently unoccupied. Site Vicinity Land Use(s) Commercial and industrial use with nearby upgradient properties that include single-family residences and a church. Proposed Reuse(s) High Density Residential, office, and parking. Public Benefits of Reuse Job Creation, Tax Base Increases, Revitalization of Blighted Areas, Preserved Green Space, and Expanded Use of Public Transportation Existing Land Use Restrictions Prior to Brownfields Agreement None ENVIRONMENTAL INFORMATION SUMMARY Historical Operations & Contaminant Sources i. The Brownfields Property was primarily agricultural dating back to the late 1930s. ii. From the late 1940s to the late 1960s, residences were developed on the Brownfields property. iii. In 1969, Charlotte Van & Storage Company constructed a warehouse distribution building at 213 Verbena Street and added a truck service garage in 1974. The service building at 4615 Gilead Street was constructed in 1972 and has been used for automotive repair, paint, and body shop operations since construction. The residence at 4607 Gilead Street was razed in the 1970s and the parcel has remained vacant land. iv. Historically, two petroleum underground storage tanks (USTs) were used and subsequently removed from the 213 Verbena Street parcel in 1992. NC DEQ’s UST Section issued a no further action letter in April 1997. v. Two petroleum above-ground storage tank (AST) release incidents, occurring in 1995 and 2019 are documented at the 213 Verbena Street property. Cleanup records of the 1,300-gallon gasoline release in 1995 are not available. Records of the 25 to 30-gallon gasoline release in 2019 confirm that remediation activities met the cleanup goals. vi. Recent assessment data indicate elevated chlorinated 4 Charlotte Van & Storage/23057-19-060/20210708 PC ENVIRONMENTAL INFORMATION SUMMARY solvents in groundwater in the north and northwest portion of the 213 Verbena Street property; the source is unknown but suspected to be off-site. Current Operations/Activities i. 213 Verbena Street is occupied by Charlotte Van & Storage for warehousing and distribution and contains an approximately 37,000 ft2 warehouse/office building and an approximately 6,000 ft2 service garage. ii. 4607 Gilead Street was formerly a residence but is currently vacant land. iii. 4615 Gilead Street is unoccupied, but was most recently occupied by Quality Auto Painting and Kub’s Auto Upholstery in an approximately 7,000 ft2 service building. All current operations at the Brownfields Property will cease by the recordation date of this Agreement. Contaminated Media Soil: The metals arsenic and hexavalent chromium were detected in soil above the NC Residential Preliminary Soil Remediation Goals (PSRGs). Groundwater: Volatile organic compounds benzene, cis-1,2-dichloroethene, 1,2-dichloropropane, tetrachloroethylene, and trichloroethylene, and the metal chromium were detected above North Carolina 15A NCAC 02L .0202 Groundwater Standards. Concentrations of 1,2-dichloropropane, tetrachloroethylene, and trichloroethylene in groundwater exceed the NC Residential Groundwater Vapor Intrusion Screening Level. Soil Gas: Volatile organic compounds benzene, 1,3- butadiene, ethylbenzene, and naphthalene were detected in soil gas above the NC Residential Soil Gas Vapor Intrusion Screening Level. ID Numbers/Permits UST ID Number 00-0-000014240 UST Incident Number 10092 AST Incident Number 91526 Onsite Receptors Considered Residents, on-site workers, construction workers, and visitors Potential Offsite Receptors Considered i. Water supply wells: A potential private water supply well was identified about 1500 feet northwest of the Brownfields Property and its status is unknown. A second potential private water supply well was identified about 1500 feet southeast of 5 Charlotte Van & Storage/23057-19-060/20210708 PC ENVIRONMENTAL INFORMATION SUMMARY the Brownfields Property, and its status was listed as active. Both properties are served with municipal water. ii. Residential structures, churches, or childcare centers: Three single-family residential structures are upgradient and adjacent to the northeastern corner of the Brownfields Property. Woodlawn Baptist Church is upgradient and adjacent to the southeastern corner of the Brownfields Property. Potential offsite migration pathways Groundwater: The source of chlorinated solvents in groundwater in the north and northwest portions of the 213 Verbena Street parcel has not been identified but may originate off-site. Groundwater flow is generally towards an unnamed tributary of Irwin Creek located west of the Brownfields Property, suggesting migration of groundwater contamination toward property west of the Brownfields Property 4. Environmental reports regarding the Brownfields Property referred to hereinafter as the “Environmental Reports,” include, but are not limited to: a. Those that the Prospective Developer obtained or commissioned regarding the Brownfields Property: Title Prepared by Date of Report Supplemental Groundwater Assessment Report, Charlotte Van & Storage Co. Hart & Hickman December 11, 2020 Brownfields Assessment Report, Charlotte Van & Storage Co. Hart & Hickman March 4, 2020 Phase 1 ESA Verbena Assemblage Hart & Hickman June 14, 2019 b. Other available reports: Title Prepared by Date of Report Initial Assessment Report – Gasoline Spill Lighthouse Technical, P.C. March 18, 2019 Quarterly Groundwater Sampling Report CBM Environmental December 19, 1995 6 Charlotte Van & Storage/23057-19-060/20210708 PC Title Prepared by Date of Report Third Quarter, September Through November 1995 Services, Inc. Quarterly Groundwater Sampling Report Second Quarter, August 1995 CBM Environmental Services, Inc. September 21, 1995 Monitoring Well Sampling Activities Semi- Annual, First Half of 1995 CBM Environmental Services, Inc. May 8, 1995 Notice of Release CBM Environmental Services, Inc. April 4, 1995 Monitoring Well Resampling Activities Second Half 1994 Ecological Services, Inc. July 14, 1993 Monitoring Well Resampling Activities First Half 1994 Ecological Services, Inc. January 14, 1993 Report of Comprehensive Site Assessment Ecological Services, Inc. August 24, 1993 Underground Storage Tank Closure Report Piedmont Environmental, Inc. January 7, 1993 IV. PROSPECTIVE DEVELOPER’S INVOLVEMENT 5. For purposes of this Agreement DEQ relies on Prospective Developer’s representations that Prospective Developer's involvement with the Brownfields Property has been limited to obtaining or commissioning the Environmental Reports, preparing and submitting to DEQ a Brownfields Property Application (BPA) dated September 20, 2019, and purchasing the Brownfields Property parcels on April 16, 2021. 6. Prospective Developer has provided DEQ with information, or sworn certifications regarding that information on which DEQ relies for purposes of this Agreement, sufficient to demonstrate that: 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 NCGS § 130A- 7 Charlotte Van & Storage/23057-19-060/20210708 PC 310.32(a)(1); b. As a result of the implementation of this Agreement, the Brownfields 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 Brownfields 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 Brownfields Property; and e. Prospective Developer has complied with all applicable procedural requirements. 7. The Parties agree that a $30,000 “Redevelopment Now” fee Prospective Developer has paid suffices as the $2,000 fee to seek a brownfields agreement required by NCGS § 130A- 310.39(a)(1), and, within the meaning of NCGS § 130A-310.39(a)(2), the full cost to DEQ and the North Carolina Department of Justice of all activities related to this Agreement, unless a change is sought to a Brownfields document after it is in effect, in which case there shall be an additional fee of at least $1,000. V. BENEFIT TO COMMUNITY 8. The redevelopment of the Brownfields Property proposed herein would provide the following public benefits: a. an increase in the Brownfields Property’s productivity; 8 Charlotte Van & Storage/23057-19-060/20210708 PC b. a spur to additional community investment and redevelopment, through improved neighborhood appearance and otherwise; c. the creation of 50-60 construction jobs and approximately 10 full-time jobs; d. an increase in tax revenue for affected jurisdictions; e. expanded use of public transportation which reduces traffic, improves air quality, and reduces our carbon footprint; and f. “smart growth” through use of land in an already developed area, which avoids development of land beyond the urban fringe (“greenfields”). VI. WORK TO BE PERFORMED 9. The guidelines as embodied in their most current version, including parameters, principles and policies within which the desired results are to be accomplished are (as to: field procedures, laboratory testing, Brownfields Program requirements, and remedial or mitigation measures): a. the Guidelines of the Inactive Hazardous Sites Branch of DEQ’s Superfund Section; b. the Division of Waste Management Vapor Intrusion Guidance; c. the Brownfields Program Assessment Work Plan Checklist; and d. the Brownfields Survey Plat Checklist. 10. In redeveloping the Brownfields Property, Prospective Developer shall make reasonable efforts to evaluate applying sustainability principles at the Brownfields Property, using the nine (9) areas incorporated into the U.S. Green Building Council Leadership in Energy and Environmental Design certification program (Sustainable Sites, Water Efficiency, Energy & 9 Charlotte Van & Storage/23057-19-060/20210708 PC Atmosphere, Materials & Resources, Indoor Environmental Quality, Locations & Linkages, Awareness & Education, Innovation in Design and Regional Priority), or a similar program. 11. Based on the information in the Environmental Reports, other available reports, and subject to imposition of and compliance with the land use restrictions set forth below, and subject to Section XI of this Agreement (DEQ’s Covenant Not to Sue and Reservation of Rights), DEQ is not requiring Prospective Developer to perform any active remediation at the Brownfields Property other than remediation that may be required pursuant to a DEQ-approved Environmental Management Plan (EMP) as specified in subparagraph 12.b below. VII. LAND USE RESTRICTIONS 12. By way of the Notice of Brownfields Property referenced below in paragraph 16, Prospective Developer shall impose the following land use restrictions under the Act, running with the land, to make the Brownfields Property suitable for the uses specified in this Agreement while fully protecting public health and the environment instead of remediation to unrestricted use standards. All references to DEQ shall be understood to include any successor in function. a. No use may be made of the Brownfields Property other than for high density residential use, office, and parking. For purposes of this restriction, the following definitions apply: i. High-Density Residential defined as permanent dwellings where residential units are attached to each other with common walls, such as condominia, apartments, group homes, dormitories or boarding houses, and any property outside the dwelling structures is usable by all residents and not privately owned as part of a particular unit (e.g., privately-owned courtyards are prohibited), and may include related amenities, such as pools, clubhouses, 10 Charlotte Van & Storage/23057-19-060/20210708 PC courtyards, common areas, recreation areas and parking garages. Single family homes are prohibited; townhomes, duplexes or other units with yards are prohibited unless approved in writing by DEQ in advance. ii. Office defined as the provision of business or professional services. iii. Parking defined as the temporary accommodation of motor vehicles in an area designed for same. b. Physical redevelopment of the Brownfields Property may not occur other than in accord, as determined by DEQ, with an EMP approved in writing by DEQ in advance (and revised to DEQ’s written satisfaction prior to each subsequent redevelopment phase) that is consistent with all the other land use restrictions and describes redevelopment activities at the Brownfields Property, the timing of redevelopment phases, and addresses health, safety and environmental issues that may arise from use of the Brownfields Property during construction or redevelopment in any other form, including without limitation: i. demolition of existing structures, if applicable; ii. issues related to known or potential sources of contamination, including without limitation those resulting from contamination identified in paragraph III above, and Exhibit 2; iii. contingency plans for addressing, including without limitation the testing of soil and groundwater, newly discovered or newly accessible potential sources of environmental contamination (e.g., USTs, ASTs, tanks, drums, septic drain fields, oil-water separators, soil contamination); 11 Charlotte Van & Storage/23057-19-060/20210708 PC iv. plans for the proper characterization of, and, as necessary, disposal of building materials or contaminated soils excavated during redevelopment; and v. plans for the proper removal of any above ground storage tanks (ASTs). c. Within 90 days after each one-year anniversary of the effective date of this Agreement for as long as physical redevelopment of the Brownfields Property continues (except that the final deadline shall fall 90 days after the conclusion of physical redevelopment), the then-owner of the Brownfields Property shall provide DEQ a report subject to written DEQ approval on environment-related activities since the last report, with a summary and drawings, that describes: i. actions taken on the Brownfields Property in accordance with Section VI: Work to be Performed above; ii. soil grading and cut and fill actions; iii. methodology(ies) employed for field screening, sampling and laboratory analysis of environmental media; iv. stockpiling, containerizing, decontaminating, treating, handling, laboratory analysis and ultimate disposition of any soil, groundwater or other materials suspected or confirmed to be contaminated with regulated substances; and v. removal of any contaminated soil, water or other contaminated materials (for example, concrete, demolition debris) from the Brownfields Property (copies of all legally required manifests shall be included). d. Unless compliance with this Land Use Restriction is waived in writing in advance by DEQ in relation to particular buildings, demolition and/or renovation of any or all 12 Charlotte Van & Storage/23057-19-060/20210708 PC buildings on the Brownfields Property depicted on the plat component of the Notice referenced in paragraph 16 below shall be in accordance with applicable legal requirements, including without limitation those related to lead and asbestos abatement that are administered by the Health Hazards Control Unit within the Division of Public Health of the North Carolina Department of Health and Human Services. e. Within 90 days after the effective date of this Agreement, the known ASTs shall be removed and addressed in accordance with a plan as identified above in subparagraph 12.b.v. to the written satisfaction of DEQ. f. Groundwater at the Brownfields Property may not be used for any purpose without the prior written approval of DEQ along with any measures DEQ deems necessary to ensure that the Brownfields Property will be suitable for the uses specified in subparagraph 12.a above while fully protecting public health and the environment. Should groundwater be encountered or exposed during any activity on the Brownfields Property, it shall be managed in accordance with the DEQ-approved EMP outlined in subparagraph 12.b., or a plan approved in writing in advance by DEQ. g. No use of the Brownfields Property may occur until the then owner of the Brownfields Property conducts representative final grade soil sampling of any area within the Brownfields Property pursuant to a plan approved in writing by DEQ that is not covered by building foundations, sidewalks, or asphaltic or concrete parking areas and driveways. h. Unless otherwise approved by DEQ in writing after results of final grade soil sampling are received in accordance with subparagraph 12.g, above, no activity that disturbs soil on the Brownfields Property may occur unless and until DEQ states in writing, in advance of the 13 Charlotte Van & Storage/23057-19-060/20210708 PC proposed activity, that said activity may occur if carried out along with any measures DEQ deems necessary to ensure the Brownfields Property will be suitable for the uses specified in subparagraph 12.a. above while fully protecting public health and the environment, except: i. in connection with landscape planting to depths not exceeding 24”; ii. mowing and pruning of above-ground vegetation; iii. for repair of underground infrastructure, provided that DEQ shall be given written notice at least seven days in advance of a scheduled repair (if only by email) of any such repair, or in emergency circumstances no later than the next business day, and that any related assessment and remedial measures required by DEQ shall be taken; and iv. in connection with work conducted in accordance with a DEQ- approved EMP as outlined above in subparagraph 12.b. i. Soil may not be removed from, or brought onto, the Brownfields Property without prior sampling and analysis to DEQ’s satisfaction and the written approval of DEQ, unless conducted in accordance with an approved EMP as outlined above in subparagraph 12.b. j. No enclosed building may be constructed on the Brownfields Property, and no existing building, defined as those depicted on the plat component of the Notice of Brownfields Property referenced in paragraph 16, below, may be occupied until DEQ determines in writing that: i. the building is or would be protective of the building’s users and public health from risk of vapor intrusion based on site assessment data, or a site-specific risk assessment approved in writing by DEQ; or ii. a vapor intrusion mitigation system (VIMS) has been: 14 Charlotte Van & Storage/23057-19-060/20210708 PC 1. designed to mitigate vapors for subgrade building features in accordance with the most recent and applicable DWM Vapor Intrusion Guidance, Interstate Technology & Regulatory Council (ITRC) guidance, and American National Standards Institute (ANSI)/American Association of Radon Scientists and Technologists (AARST) standards, and that said design shall fully protect public health to the satisfaction of a professional engineer licensed in North Carolina, as evidenced by said engineer’s professional seal, and shall include a performance monitoring plan detailing methodologies and schedule, both of which are subject to prior written DEQ approval; and 2. installed and an installation report is submitted for written DEQ approval that includes details on any deviations from the system design, as-built diagrams, photographs, and a description of the installation with said engineer’s professional seal confirming that the system was installed per the DEQ-approved design and will be protective of public health. k. Unless an active VIMS is implemented for any multi-family residential structures in accordance with subparagraph 12.j.ii. above, no occupancy of the Brownfields Property for the uses defined below in subparagraph 12.a may occur until a work plan for the installation and sampling of a minimum of two soil gas monitoring points for each proposed apartment building is approved by DEQ, and until the first round of sampling activities under the work plan is completed to DEQ’s written satisfaction. The work plan will include, at a minimum, details on schedule and methodology for installation and sampling of permanent soil gas monitoring points for VOCs by EPA Method TO-15 within one month after monitoring point installation and then annually. Should the analytical results obtained from the soil gas sampling 15 Charlotte Van & Storage/23057-19-060/20210708 PC indicate exposures at the Brownfields Property that raise the risk to public health or the environment associated with the Brownfields Property beyond an acceptable range and in a manner or to a degree not anticipated in this Agreement, DEQ may require that the then owner(s) re-evaluate that risk for areas potentially subject to said risk and to take action to reduce said risk to make the Brownfields Property suitable for the uses authorized below in subparagraph 12.a while fully protecting public health and the environment. l. Neither DEQ, nor any party conducting environmental assessment or remediation at the Brownfields Property at the direction of, or pursuant to a permit, order or agreement issued or entered into by DEQ, may be denied access to the Brownfields Property for purposes of conducting such assessment or remediation, which is to be conducted using reasonable efforts to minimize interference with authorized uses of the Brownfields Property. m. The owner of any portion of the Brownfields Property where any existing, or subsequently installed, DEQ-approved monitoring well or vapor sample point is damaged by the owner, its contractors, or its tenants shall be responsible for repair of any such wells to DEQ’s written satisfaction and within a time period acceptable to DEQ, unless compliance with this Land Use Restriction is waived in writing by DEQ in advance. n. Any deed or other instrument conveying an interest in the Brownfields Property shall contain the following notice: “This property is subject to the Brownfields Agreement attached as Exhibit A to the Notice of Brownfields Property recorded in the Mecklenburg County land records, Book ____, Page ____.” A copy of any such instrument shall be sent to the persons listed in Section XVII (Notices and Submissions), though financial figures and other confidential information related to the conveyance may be redacted to the extent said redactions 16 Charlotte Van & Storage/23057-19-060/20210708 PC comply with the confidentiality and trade secret provisions of the North Carolina Public Records Law. The owner conveying an interest may use the following mechanisms to comply with the obligations of this subparagraph: (i) If every lease and rider is identical in form, the owner conveying an interest may provide DEQ with copies of a form lease or rider evidencing compliance with this subparagraph, in lieu of sending copies of actual, executed leases, to the persons listed in Section XVII (Notice and Submissions); or (ii) The owner conveying an interest may provide abstracts of leases, rather than full copies of said leases, to the persons listed in Section XVII. o. None of the contaminants known to be present in the environmental media at the Brownfields Property, as described in Exhibit 2 of this Agreement and as modified by DEQ in writing if additional contaminants in excess of applicable standards are discovered at the Brownfields Property, may be used or stored at the Brownfields Property without the prior written approval of DEQ, except: i. in de minimis quantities for cleaning and other routine housekeeping and maintenance activities; ii. as fuel or other fluids customarily used in vehicles, landscaping equipment and emergency generators. p. During January of each year after the year in which the Notice referenced below in paragraph 16 is recorded, the owner of any part of the Brownfields Property as of January 1st of that year shall submit a notarized Land Use Restrictions Update (“LURU”) to DEQ, and to the chief public health and environmental officials of Mecklenburg County, certifying that, as of said January 1st, the Notice of Brownfields Property containing these land 17 Charlotte Van & Storage/23057-19-060/20210708 PC use restrictions remains recorded at the Mecklenburg County Register of Deeds office and that the land use restrictions are being complied with. The submitted LURU shall state the following: 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 Brownfields Property during the previous calendar year; 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 Brownfields Property during the previous calendar year; iii. whether any vapor barrier and/or mitigation systems and any associated subgrade vapor monitoring network installed pursuant to subparagraph 12.j. 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. iv. A LURU submitted for rental units shall include enough of each lease entered into during the previous calendar year to demonstrate compliance with lessee notification requirements in subparagraph 12.n, above, and paragraph 17, below, of this Agreement provided that if standard form leases are used in every instance, a copy of such standard form lease may be sent in lieu of copies of actual leases. v. A property owners’ association or other entity may perform this LURU’s duties, on behalf of some or all owners of the Brownfields Property, if said association or entity has accepted responsibility for such performance pursuant to a notarized instrument satisfactory to DEQ that includes at a minimum, the name, mailing address, telephone and facsimile numbers, and e-mail address of each owner on whose behalf the LURU is proposed to 18 Charlotte Van & Storage/23057-19-060/20210708 PC be submitted. 13. The desired result of the above-referenced land use restrictions is to make the Brownfields Property suitable for the uses specified in this Agreement while fully protecting public health and the environment. 14. The consequence of achieving the desired results will be that the Brownfields Property will be suitable for the uses specified in the Agreement while fully protecting public health and the environment. The consequence of not achieving the desired results will be that modifications to land use restrictions and/or remediation in some form may be necessary to fully protect public health and/or the environment. VIII. ACCESS/NOTICE TO SUCCESSORS IN INTEREST 15. In addition to providing access to the Brownfields Property pursuant to subparagraph 12.l. above, Prospective Developer shall provide DEQ, its authorized officers, employees, representatives, and all other persons performing response actions under DEQ oversight, access at all reasonable times to other property controlled by Prospective Developer in connection with the performance or oversight of any response actions at the Brownfields Property under applicable law. Such access is to occur after prior notice and using reasonable efforts to minimize interference with authorized uses of such other property except in response to emergencies and/or imminent threats to public health and the environment. While Prospective Developer owns the Brownfields Property, DEQ shall provide reasonable notice to Prospective Developer of the timing of any response actions to be undertaken by or under the oversight of DEQ at the Brownfields Property. Except as may be set forth in the Agreement, DEQ retains all of its authorities and rights, including enforcement authorities related thereto, under the Act and 19 Charlotte Van & Storage/23057-19-060/20210708 PC any other applicable statute or regulation, including any amendments thereto. 16. DEQ has approved, pursuant to NCGS § 130A-310.35, a Notice of Brownfields Property (“Notice”) for the Brownfields Property containing, inter alia, the land use restrictions set forth in Section VII (Land Use Restrictions) of this Agreement and a survey plat of the Brownfields Property. Pursuant to NCGS § 130A-310.35(b), within 15 days of the effective date of this Agreement, Prospective Developer shall file the Notice in the Mecklenburg County, North Carolina, Register of Deeds’ Office. Within three (3) days thereafter, Prospective Developer shall furnish DEQ 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. 17. This Agreement shall be attached as Exhibit A to the Notice. Subsequent to recordation of said Notice, any deed or other instrument conveying an interest in the Brownfields Property shall contain the following notice: “This property is subject to the Brownfields Agreement attached as Exhibit A to the Notice of Brownfields Property recorded in the Mecklenburg County land records, Book ____, Page ____.” A copy of any such instrument shall be sent to the persons listed in Section XVII (Notices and Submissions), though financial figures and other confidential information related to the conveyance may be redacted to the extent said redactions comply with the confidentiality and trade secret provisions of the North Carolina Public Records Law. Prospective Developer may use the following mechanisms to comply with the obligations of this paragraph: (i) If every lease and rider is identical in form, Prospective Developer may provide DEQ with copies of a form lease or rider evidencing compliance with 20 Charlotte Van & Storage/23057-19-060/20210708 PC this paragraph, in lieu of sending copies of actual, executed leases, to the persons listed in Section XVII (Notices and Submissions); or (ii) Prospective Developer may provide abstracts of leases, rather than full copies of said leases, to the persons listed in Section XVII. 18. The Prospective Developer shall ensure that a copy of this Agreement is provided to any current lessee or sublessee on the Brownfields Property within seven days of the effective date of this Agreement. IX. DUE CARE/COOPERATION 19. The Prospective Developer shall exercise due care at the Brownfields Property with respect to the manner in which regulated substances are handled at the Brownfields Property and shall comply with all applicable local, State, and federal laws and regulations. The Prospective Developer agrees to cooperate fully with any assessment or remediation of the Brownfields Property by DEQ and further agrees not to interfere with any such assessment or 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 Brownfields Property, the Prospective Developer shall immediately take all appropriate action to prevent, abate, or minimize such release or threat of release, shall comply with any applicable notification requirements under NCGS § 130A-310.1 and 143-215.85, Section 103 of CERCLA, 42 USC § 9603, and/or any other law, and shall immediately notify the DEQ Official referenced in subparagraph 31.a. below of any such required notification. X. CERTIFICATION 20. By entering into this Agreement, the Prospective Developer certifies that, without DEQ approval, it will make no use of the Brownfields Property other than that committed to in 21 Charlotte Van & Storage/23057-19-060/20210708 PC the Brownfields Property Application dated September 20, 2019, by which it applied for this Agreement, as modified herein by including office use as an acceptable use. That use is that which is provided above in subparagraph 12.a. of this Agreement. Prospective Developer also certifies that to the best of its knowledge and belief it has fully and accurately disclosed to DEQ 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 past use of regulated substances or known contaminants at the Brownfields Property and to its qualification for this Agreement, including the requirement that it not have caused or contributed to the contamination at the Brownfields Property. XI. DEQ’S COVENANT NOT TO SUE AND RESERVATION OF RIGHTS 21. Unless any of the following apply, Prospective Developer shall not be liable to DEQ, and DEQ covenants not to sue Prospective Developer, for remediation of the Brownfields Property except as specified in this Agreement: a. The Prospective Developer fails to comply with this Agreement. b. The activities conducted on the Brownfields 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 Brownfields 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 NCGS § 130A-310.35 is violated while the Prospective Developer owns the Brownfields Property, in which case the Prospective Developer shall be responsible for remediation of the 22 Charlotte Van & Storage/23057-19-060/20210708 PC Brownfields 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 offers false information to demonstrate compliance with this Agreement or fails to disclose relevant information about contamination at the Brownfields Property. e. New information indicates the existence of previously unreported contaminants or an area of previously unreported contamination on or associated with the Brownfields 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. 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 Brownfields 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 Brownfields Property or (ii) the failure of remediation to mitigate risks to the extent required to make the Brownfields Property fully protective of public health and the environment as planned in this Agreement. g. DEQ obtains new information about a contaminant associated with the Brownfields Property or exposures at or around the Brownfields Property that raises the risk to 23 Charlotte Van & Storage/23057-19-060/20210708 PC public health or the environment associated with the Brownfields 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 NCGS § 130A-310.35. 22. Except as may be provided herein, DEQ reserves its rights against Prospective Developer as to liabilities beyond the scope of the Act. 23. 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, NCGS § 113A-1, et seq. 24. Consistent with NCGS § 130A-310.33, the liability protections provided herein, and any statutory limitations in paragraphs 21 through 23 above, apply to all of the persons listed in NCGS § 130A-310.33, including future owners of the Brownfields Property, to the same extent as Prospective Developer, so long as these persons are not otherwise potentially responsible parties or parents, subsidiaries, or affiliates of potentially responsible parties. XII. PROSPECTIVE DEVELOPER'S COVENANT NOT TO SUE 25. In consideration of DEQ’s Covenant Not To Sue in Section XI of this Agreement and in recognition of the absolute State immunity provided in NCGS § 130A-310.37(b), the Prospective Developer hereby covenants not to sue and not to assert any claims or causes of action against DEQ, 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. 24 Charlotte Van & Storage/23057-19-060/20210708 PC XIII. PARTIES BOUND 26. This Agreement shall apply to and be binding upon DEQ, 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. XIV. DISCLAIMER 27. Prospective Developer and DEQ agree that this Agreement meets the requirements of the Act, including but not limited to the requirements set forth in NCGS § 130A-310.32(a)(2). However, this Agreement in no way constitutes a finding by DEQ as to the risks to public health and the environment which may be posed by regulated substances at the Brownfields Property, a representation by DEQ that the Brownfields Property is fit for any particular purpose, nor a waiver of Prospective Developer’s duty to seek applicable permits or of the provisions of NCGS § 130A-310.37. 28. Except for the land use restrictions set forth in paragraph 12 above and NCGS § 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. XV. DOCUMENT RETENTION 29. The Prospective Developer agrees to retain and make available to DEQ all business and operating records, contracts, site studies and investigations, remediation reports, and documents generated by and/or in the control of the Prospective Developer, its affiliates or subsidiaries relating to storage, generation, use, disposal and management of regulated 25 Charlotte Van & Storage/23057-19-060/20210708 PC substances at the Brownfields Property, including without limitation all Material Safety Data Sheets or Safety Data Sheets, for six (6) years following the effective date of this Agreement, unless otherwise agreed to in writing by the Parties. Said records may be retained electronically such that they can be retrieved and submitted to DEQ upon request. At the end of six (6) years, the Prospective Developer shall notify DEQ of the location of such documents and shall provide DEQ with an opportunity to copy any documents at the expense of DEQ. By entering into this Agreement, Prospective Developer waives no rights of confidentiality or privilege provided by the North Carolina Public Records Act or otherwise and, at the time DEQ requests to copy or inspect said documents, Prospective Developer shall provide DEQ with a log of documents withheld from DEQ, including a specific description of the document(s) and the alleged legal basis upon which they are being withheld. To the extent DEQ retains any copies of such documents, Prospective Developer retains all rights it then may have to seek protection from disclosure of such documents as confidential business information. XVI. PAYMENT OF ENFORCEMENT COSTS 30. If the Prospective Developer fails to comply with the terms of this Agreement, including, but not limited to, the provisions of Section VI (Work to be Performed) and Section VII (Land Use Restrictions), it shall be liable for all litigation and other enforcement costs incurred by DEQ to enforce this Agreement or otherwise obtain compliance. XVII. NOTICES AND SUBMISSIONS 31. Unless otherwise required by DEQ or a Party notifies the other Party in writing of a change in contact information or delivery method, all notices and submissions pursuant to this Agreement shall be sent by prepaid first-class U.S. mail or courier service, as follows: 26 Charlotte Van & Storage/23057-19-060/20210708 PC a. for DEQ: Brownfields Property Management Unit (or successor in function) N.C. Division of Waste Management Brownfields Program Mail Service Center 1646 Raleigh, NC 27699-1646 b. for Prospective Developer: Jeffrey W. Harris Lennar Multifamily Communities, LLC 500 East Morehead Street, Suite 300, Charlotte, North Carolina, 28202 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. XVIII. EFFECTIVE DATE 32. This Agreement shall become effective on the date the Prospective Developer signs it, after receiving the signed, conditionally approved Agreement from DEQ. DEQ’s approval of this Agreement is conditioned upon the complete and timely execution and filing of this Agreement in the manner set forth herein. Prospective Developer shall expeditiously sign the Agreement in order to effect the recordation of the full Notice of Brownfields Property within the statutory deadline set forth in NCGS § 130A-310.35(b). If the Agreement is not signed by Prospective Developer within 45 days after such receipt, DEQ has the right to revoke its approval and certification of this Agreement, and to invalidate its signature on this Agreement. XIX. TERMINATION OF CERTAIN PROVISIONS 33. If any Party believes that any or all of the obligations under Section VIII 27 Charlotte Van & Storage/23057-19-060/20210708 PC (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). XX. CONTRIBUTION PROTECTION 34. 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 NCGS § 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 DEQ or any other person in relation to the Brownfields Property. 35. 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 DEQ in writing no later than 60 days prior to the initiation of such suit or claim. 36. 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 DEQ in writing within 10 days of receiving said suit or claim. XXI. PUBLIC COMMENT 37. This Agreement shall be subject to a public comment period of at least 30 days starting the day after the last of the following public notice tasks occurs: publication of the approved summary of the Notice of Intent to Redevelop a Brownfields Property required by NCGS § 130A-310.34 in a newspaper of general circulation serving the area in which the 28 Charlotte Van & Storage/23057-19-060/20210708 PC Brownfields Property is located; conspicuous posting of a copy of said summary at the Brownfields Property; and mailing or delivery of a copy of the summary to each owner of property contiguous to the Brownfields Property. After expiration of that period, or following a public meeting if DEQ holds one pursuant to NCGS § 130A-310.34(c), DEQ 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 DEPARTMENT OF ENVIRONMENTAL QUALITY By: ____________________________________________________________________________ Michael Scott Date Director, Division of Waste Management IT IS SO AGREED: LENNAR MULTIFAMILY COMMUNITIES, LLC By: ____________________________________________________________________________ Jeffrey W. Harris Date TITLE PROJECT SITE LOCATION MAP CHARLOTTE VAN & STORAE CO. VERBENA STREET AND GILEAD STREET CHARLOTTE, NORTH CAROLINA DATE: JOB NO: REVISION NO: FIGURE: 9/10/2020 0 1LEN-008 SITE 0 2000 4000 APPROXIMATE SCALE IN FEET N U.S.G.S. QUADRANGLE MAP QUADRANGLE 7.5 MINUTE SERIES (TOPOGRAPHIC) CHARLOTTE WEST, NORTH CAROLINA, 1996 Charlotte Van & Storage/23057-19-060/20210708 PC 1 Exhibit 2 The most recent environmental sampling at the Brownfields Property reported in the Environmental Reports occurred in August 2020. The following tables set forth, for contaminants present at the Brownfields Property above unrestricted use standards or screening levels, the maximum concentration found at each sample location, and the applicable standard or screening level. Screening levels and groundwater standards are shown for reference only and are not set forth as cleanup levels for purposes of this Agreement. 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 (2L), Rule .0202, (April 1, 2013 version): Groundwater Contaminant Sample Location Date of Sampling Maximum Concentration Exceeding Standard (µg/L) 2L Standard (µg/L) Benzene TMW-5/GW-DUP 12/3/2019 1.7/1.6 1 Chromium TMW-3 1 12/4/2019 11.1 10 cis-1,2-Dichloroethene TMW-4 12/4/2019 193 70 1,2-Dichloropropane MW-5 7/13/1993 2 0.6 TMW-4 12/4/2019 8.8 TMW-7 8/5/2020 1.1 Tetrachloroethylene TMW-4 12/4/2019 250 0.7 TMW-6 8/5/2020 2.4 TMW-7 8/5/2020 9.4 Trichloroethylene TMW-4 12/4/2019 194 3 TMW-6 8/5/2020 4.7 TMW-7 8/5/2020 101 1 Elevated turbidity (NTU > 10) was observed in temporary monitoring well TMW-3 during the December 4, 2019 sampling event. Charlotte Van & Storage/23057-19-060/20210708 PC 2 GROUNDWATER VAPOR INTRUSION RISK Groundwater contaminants with potential for vapor intrusion (VI) in micrograms per liter (the equivalent of parts per billion), the vapor intrusion screening levels for which are derived from the Residential Vapor Intrusion Screening Levels of the Division of Waste Management (June 2021 version): Groundwater Contaminant with Potential for Vapor Intrusion Sample Location Date of Sampling Concentration Exceeding Screening Level (µg/L) Residential VI Screening Level1 (µg/L) cis-1,2-Dichloroethene TMW-4 12/4/2019 193 NE TMW-6 8/5/2020 1.2 TMW-7 8/5/2020 1.6 1,2-Dichloropropane TMW-4 12/4/2019 8.8 6.6 Tetrachloroethylene TMW-4 12/4/2019 250 12 Trichloroethylene TMW-4 12/4/2019 194 1.0 TMW-5/GW-DUP 12/3/2019 1.9/1.9 TMW-6 8/5/2020 4.7 TMW-7 8/5/2020 101 1 Screening levels displayed for non-carcinogens are for a hazard quotient equal to 0.2. Screening levels displayed for carcinogens are for a 1.0E-6 lifetime incremental cancer risk. NE - No established screening level. Charlotte Van & Storage/23057-19-060/20210708 PC 3 SOIL Soil contaminants in milligrams per kilogram (the equivalent of parts per million), the screening levels for which are derived from the Preliminary Residential Health-Based Soil Remediation Goals of the Inactive Hazardous Sites Branch of DEQ’s Superfund Section (June 2021 version): Soil Contaminant Sample Location Depth (ft) Date of Sampling Maximum Concentration Exceeding Screening Level (mg/kg) Residential Screening Level 1 (mg/kg) Arsenic BG-1* 2-4 12/2/2019 3.03 0.68 BG-2* 0-2 12/2/2019 1.28 SB-1 2-3 12/3/2019 1.73 SB-2 0-1 12/3/2019 3.13 SB-3 1-2 12/3/2019 2.64 SB-4/SB-DUP 0-2 12/2/2019 2.79/1.88 SB-5 4-5 12/4/2019 0.822 SB-6 0-2 12/4/2019 1.33 SB-6 6-8 12/4/2019 1.98 SB-8 0-3 12/3/2019 1.83 SB-8 3-6 12/3/2019 0.817 SB-9 4-5 12/3/2019 1.16 Hexavalent Chromium BG-1* 2-4 12/2/2019 0.540 J 0.31 BG-2* 0-2 12/2/2019 <0.388 2 SB-1 2-3 12/3/2019 <0.334 2 SB-2 0-1 12/3/2019 <0.313 2 SB-3 1-2 12/3/2019 1.23 J SB-4/SB-DUP 0-2 12/2/2019 <0.323 2/<0.315 2 SB-5 4-5 12/4/2019 <0.363 2 SB-6 0-2 12/4/2019 <0.348 2 SB-6 6-8 12/4/2019 <0.364 2 SB-8 0-3 12/3/2019 <0.339 2 SB-8 3-6 12/3/2019 <0.351 2 SB-9 4-5 12/3/2019 0.680 J Phenanthrene SB-3 1-2 12/3/2019 0.363 J NE 1 Screening levels displayed for non-carcinogens are for a hazard quotient equal to 0.2. Screening levels displayed for carcinogens are for a 1.0E-6 lifetime incremental cancer risk. 2 Laboratory reporting limit exceeds the Residential Health-Based Preliminary Soil Remediation Goal. * Indicates soil sample identified as representing background. NE – No established screening level. J – Compound was detected above the laboratory method detection limit, but below the laboratory reporting limit resulting in a laboratory estimated concentration. Charlotte Van & Storage/23057-19-060/20210708 PC 4 SOIL GAS Soil gas contaminants in micrograms per cubic meter, the screening levels for which are derived from Residential Vapor Intrusion Screening Levels of the Division of Waste Management (June 2021 version): Soil Gas Contaminant Sample Location Date of Sampling Maximum Concentration Exceeding Screening Level (µg/m3) Residential Screening Limit 1 (µg/m3) Benzene SGP-1 12/4/2019 38.2 12 SGP-2 12/4/2019 52.8 SGP-3 12/4/2019 18.6 SGP-5/SGP-DUP 12/4/2019 21.8/20.2 SGP-6 12/4/2019 21.1 SGP-7 12/4/2019 67.1 SGP-8 12/3/2019 41.1 SGP-9 12/3/2019 79.7 1,3-Butadiene SGP-5/SGP-DUP 12/4/2019 <0.25/4.1 3.1 1,3-Dichlorobenzene SGP-1 12/4/2019 106 NE SGP-2 12/4/2019 35.8 SGP-3 12/4/2019 79.2 SGP-4 12/4/2019 3.4 SGP-5/SGP-DUP 12/4/2019 31.9/29.3 SGP-6 12/4/2019 43.1 SGP-7 12/4/2019 66.9 SGP-8 12/3/2019 26.6 SGP-9 12/3/2019 29.5 Ethylbenzene SGP-1 12/4/2019 60.1 37 SGP-2 12/4/2019 83.2 SGP-6 12/4/2019 38.1 SGP-8 12/3/2019 60.6 SGP-9 12/3/2019 79.3 4-Ethyltoluene SGP-1 12/4/2019 8.6 NE SGP-2 12/4/2019 11.2 SGP-3 12/4/2019 3.7 J SGP-5/SGP-DUP 12/4/2019 8.4/8.1 SGP-6 12/4/2019 12.6 SGP-7 12/4/2019 7.9 SGP-8 12/3/2019 8.7 J SGP-9 12/3/2019 13.2 J Charlotte Van & Storage/23057-19-060/20210708 PC 5 Naphthalene SGP-1 12/4/2019 <3.9 2 2.8 SGP-3 12/4/2019 <3.3 2 SGP-5/SGP-DUP 12/4/2019 <2.5/<4.0 2 SGP-6 12/4/2019 6.0 SGP-7 12/4/2019 <3.7 2 SGP-8 12/3/2019 <17.3 2 SGP-9 12/3/2019 <18.5 2 Trichlorofluoromethane (Freon 11) SGP-1 12/4/2019 1.7 J NE SGP-2 12/4/2019 1.6 J SGP-3 12/4/2019 1.1 J SGP-4 12/4/2019 1.0 J SGP-5/SGP-DUP 12/4/2019 1.4 J/1.6 J SGP-6 12/4/2019 2.9 SGP-7 12/4/2019 1.5 J 1 Screening levels displayed for non-carcinogens are for a hazard quotient equal to 0.2. Screening levels displayed for carcinogens are for a 1.0E-6 lifetime incremental cancer risk. 2 Laboratory reporting limit exceeds the Residential Vapor Intrusion Screening Levels. NE – No established screening level. J – Compound was detected above the laboratory method detection limit, but below the laboratory reporting limit resulting in a laboratory estimated concentration. Exhibit C Legal Description Brownfields Property Name: Charlotte Van & Storage Co. Brownfields Project Number: 23057-19-060 That certain tract or parcel of land situated, lying and being in the City of Charlotte, County of Mecklenburg, State of North Carolina and being more particularly described as follows: BEGINNING at an existing 1 inch iron pipe in the center of a street (formerly Old Brick Yard Road), said iron being the southeast corner of Lot 6-A, Block 3, Freemont Park as recorded in Map Book 1127, Page 591 in the Mecklenburg County Public Registry (the “Registry”), said iron also being located N 43°22'59" E a distance of 1544.33 feet from NGS Monument “Cover” (NC Grid coordinates N: 525,634.07, E: 1,436,565.99); Thence with and along the easterly boundary of aforesaid Lot 6-A N 29°46'27" E a distance of 63.69 feet to an existing 1/2 inch iron rod, said iron being the northeast corner of Lot 6-A and the southeast corner of Lot 5-A, Block 3, Freemont Park; Thence with and along the northerly boundary of aforesaid Lot 6-A and Lot 6, N 66°14'58" W (passing an angle iron at 49.49 feet) a distance of 142.65 feet to an existing 1/2 inch iron rod on the easterly right-of-way margin of Gilead Street (30 feet public R/W), said iron being the northwest corner of Lot 6, Block 3, Freemont Park; Thence with and along aforesaid easterly right-of-way margin of Gilead Street N 23°56'07" E (passing a new 1/2 inch iron rod at 200.00 feet and 250.00 feet) a total distance of 534.16 feet to a new nail on the southerly right-of-way margin of Verbena Street (variable width public R/W); Thence with and along aforesaid southerly right-of-way margin of Verbena Street S 60°22'53" E a distance of 417.27 feet to a point being the northwest corner of Lot 17, Block 3, Freemont Park as recorded in Map Book 967, Page 271 in said Registry; Thence with and along the westerly boundary of aforesaid Lot 17 S 28°44'19" W (passing an existing 6/8 inch iron rod at 2.28 feet) a distance of 150.03 feet to a new 1/2 inch iron rod; Thence with and along the southerly boundaries of Lot 17 through Lot 19 S 60°38'16" E a distance of 113.22 feet to an existing 1/2 inch iron rod, said iron being the northwest corner of the property of Zepsa Properties LLC (now or formerly) as described in Deed Book 8799, Page 627 in said Registry; Thence with and along the westerly boundary of aforesaid property of Zepsa Properties LLC S 29°02'17" W a distance of 133.89 feet to an existing 1/2 inch iron rod; Thence S 59°24'56" E a distance of 90.52 feet to a new 1/2 inch iron rod; Thence S 30°03'40" W (passing an existing nail at 10.57 feet being the northwest corner of the property of 4528 Nations Crossing Road LLC (now or formerly) as described in Deed Book 32459, Page 594 in said Registry) a distance of 110.84 feet to an existing 6/8 inch iron rod on the northern boundary of a street (formerly Old Brick Yard Road); Thence S 76°38'15" W a distance of 28.04 feet to a new 1/2 inch iron rod in the center of a street (formerly Old Brick Yard Road); Thence with and along aforesaid center of a street N 82°27'41" W a distance of 441.00 feet to the POINT OF BEGINNING; Having an area of 257,230 square feet or 5.9052 acres, as shown on a survey prepared by R. B. Pharr & Associates, P.A. dated May 24, 2019 (job no. 90001).