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HomeMy WebLinkAbout22075_Seaboard Station_PCPkg_20221114NOTICE OF INTENT TO REDEVELOP A BR0WNFIELDS PROPERTY Brownfields Property Name: Seaboard Station Brownfields Project Number: 22075-18-092 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 November 16, 2022, 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: Seaboard Station/22075-18-092/14Nov2022 Mr. Bruce Nicholson Brownfields Program Manager Division of Waste Management NC Department of Environmental Quality 1646 Mail Service Center Raleigh, North Carolina 27699-1646 I SUMMARY OF NOTICE OF INTENT TO REDEVELOP A BROWNFIELDS PROPERTY Brownfields Property Name: Seaboard Station Brownfields Project Number: 22075-18-092 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, Seaboard Station Joint Venture LP, as Prospective Developer, has filed with the North Carolina Department of Environmental Quality ("DEQ") a Notice of Intent to Redevelop a Brownfields Property ("Brownfields Property") located at 605 and 721 Halifax Street, 10 West Franklin Street, and 802 Semart Drive, Raleigh, Wake County, North Carolina. The Brownfields Property, which is the former site of residential, commercial, warehousing, and retail uses, and is downgradient of a former laundry and dry cleaning operation, consists of approximately 6.93 acres. Environmental contamination exists on the Brownfields Property in groundwater, soil, exterior soil gas, and sub -slab vapor. Seaboard Station Joint Venture LP has committed itself to redevelop the Brownfields Property for no uses other than high -density residential, office, retail, grocery, hotel, restaurant, recreation, health care facility, educational space, cocktail bar, drop -in childcare, parking, and subject to DEQ's prior written approval, other commercial uses. The Notice of Intent to Redevelop a Brownfields Property includes: (1) a proposed Brownfields Agreement between DEQ and Seaboard Station Joint Venture LP, 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 at the Oberlin Regional Library, 1930 Clark Ave., Raleigh, NC by contacting Robert Lambert, Library Manager, at robert.lambertgwakegov.com or at (919) 856-6710; or at the offices of the N.C. Brownfields Program, 217 West Jones Street, Raleigh, NC by contacting Shirley Liggins at that address, at shirley.ligginsgncdenr.gov, or at (919) 707-8383. 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 22075-18-092 into the search bar at the following web address: https://edocs.deq.nc.cov/WasteManagementAVelcome.aspx?dbid=0&repo=WasteMana eg ment 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 November 16, 2022, 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 Seaboard Station/22075-18-092/14Nov2022 Property Owner: Seaboard I LLC, Seaboard II LLC, Seaboard Station IV LLC, and Seaboard Station V LLC Recorded in Book , Page Associated plat recorded in Plat Book , Page NOTICE OF BROWNFIELDS PROPERTY Brownfields Property Name: Seaboard Station Brownfields Project Number: 22075-18-092 This documentary component of a Notice of Brownfields Property ("Notice"), as well as the plat component, have been filed this day of , 202_ by Seaboard Station Joint Venture LP ("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 is located at 605 and 721 Halifax Street, 10 West Franklin Street, and 802 Semart Drive, Raleigh, Wake County. Seaboard Station was originally developed with single-family residences in the early 1900s. Circa 1940, when the original Seaboard train station Seaboard Station/22075-18-092/10Nov2022 opened, the area transitioned to commercial uses and warehousing, and then to a variety of retail uses. A portion of the site was improved with tennis courts in the 1960s for William Peace University. Site contamination stems from an onsite underground storage tank (UST) release (DEQ UST Incident No. 26568) for which a Notice of Residual Petroleum was previously recorded on the Brownfields Property, and from offsite impacts from an upgradient laundry and drycleaning operation. The Prospective Developer has committed to redeveloping the property for no uses other than high -density residential, office, retail, grocery, hotel, restaurant, recreation, health care facility, educational space, cocktail bar, drop -in childcare, parking, and subject to DEQ's prior written approval, other commercial uses. 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. The Brownfields Agreement's Exhibit 3 consists of the Notice of Residual Petroleum recorded on the deed on October 20, 2004 in the Wake County Register of Deeds office (Book 011065, Pages 00892-00896). 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 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 Seaboard Station/22075-18-092/10Nov2022 2 on the Brownfields Property: Land Uses a. No use may be made of the Brownfields Property other than for high -density residential, office, retail, grocery, hotel, restaurant, recreation, health care facility, educational space, cocktail bar, drop -in childcare, parking, and subject to DEQ's prior written approval, other commercial uses. These land uses and their definitions below apply solely for purposes of this agreement, and do not waive any local zoning, rule, regulation, or permit requirements: i. "High -Density Residential" is 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, townhomes, duplexes, or other units with yards are prohibited. ii. "Office" is defined as a place where business or professional services are provided. iii. "Retail" is defined as the sale of goods or services, products, or merchandise directly to the consumer or businesses and includes showrooms, personal service, open air markets, festivals, food halls, and the sales of food and beverage products, including from mobile establishments such as food trucks. iv. "Grocery" is defined as a retail store that offers non-perishable food packaged in bottles, boxes, and cans, perishable food such as baked goods, meats, deli products, and fresh produce, and which may sell non-food items, such as clothing and household items and provide pharmacy, financial, or other services. v. "Hotel" is defined as the provision of overnight lodging to paying customers, and associated food services, gym, reservation, cleaning, utilities, parking and on -site hospitality, management and reception services. vi. "Restaurant" is defined as a commercial business establishment that prepares and serves food and beverages, including alcoholic beverages under all applicable local, state, and federal regulations, to patrons. vii. "Recreation" is defined as indoor and outdoor exercise -related, physically focused, or leisure -related activities, whether active or passive, and the facilities for same, including, but not limited to, studios, swimming or wading pools, splash pads, clubhouses, sports -related courts and fields, open space, greenways, parks, playgrounds, walking paths, picnic and public gathering areas, campgrounds, boat docks, and marinas. Seaboard Station/22075-18-092/lONov2022 3 viii. "Health Care Facility" is defined as a hospital, urgent care clinic, medical clinic (excluding veterinary), rehabilitation center, health maintenance organization (excluding a group home), which routinely provides for the diagnostics, care, treatment of, and testing for physical or psychological injury or illness, or disability, and/or for the short-term boarding of patients. ix. "Educational Space" is defined as interior space operated by a privately or publicly -owned institution, facility, or enterprise that provides education to pre-school, elementary, and older students, including session camps designed for school -age children. x. "Cocktail bar" is defined as a commercial business establishment that prepares and serves mixed alcoholic drinks and other beverages, and snacks under all applicable local, state, and federal regulations to patrons. xi. "Drop -in Childcare" is defined as short-term care for children that is excluded from the definition of childcare in NCGS § 110-86(2), and is provided while parents participate in activities that are not employment -related and where the parents are on the premises or otherwise easily accessible, or is that provided by an employer for its part-time employees under the conditions specified in NCGS § 110-86(2)d and § 110-86(2)dl. xii. "Parking" is defined as the temporary accommodation of motor vehicles in an area designed for same. xiii. "Commercial" is defined as an enterprise carried on for profit or nonprofit by the owner, lessee or licensee, with the exception of educational space and childcare facilities. Specific Prohibitions b. The Brownfields Property may not be used for dry cleaning operations using chlorinated solvents. Environmental Management Plan c. Physical redevelopment of the Brownfields Property may not occur other than in accordance, as determined by DEQ, with an Environmental Management Plan ("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 buildings, if applicable; ii. issues related to known or potential sources of contamination, including without limitation those resulting from contamination identified in paragraph 3 above; Seaboard Station/22075-18-092/lONov2022 4 iii. contingency plans for addressing, including without limitation the testing of soil and groundwater, newly discovered potential sources of environmental contamination (e.g., USTs, tanks, drums, septic drain fields, oil -water separators, soil contamination); and iv. plans for the proper characterization and DEQ approval of both fill soil before import to the Brownfields Property and the disposition of all soil excavated from the Brownfields Property during redevelopment. Redevelopment Summary Report d. 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). Demolition of Existing Structures e. 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. Underground Storage Tank Removal f. Not later than completion of redevelopment, the suspected underground storage tanks (USTs) and their appurtenances identified above in paragraph 3, if present, shall be Seaboard Station/22075-18-092/lONov2022 5 removed and addressed to the satisfaction of DEQ. Groundwater g. 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.c. above, or a plan approved in writing in advance by DEQ. Soil h. No activity that disturbs soil on the Brownfields Property as delineated on the plat component of the Notice of Brownfields Property referenced below in paragraph 16, 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: inches; 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 to work conducted in accordance with a DEQ-approved Environmental Management Plan (EMP) as outlined in subparagraph 12.c. above. i. No use of the Brownfields Property may occur until the then owner of the Brownfields Property conducts representative final grade soil sampling, pursuant to a plan approved in writing by DEQ, of any area that is not covered by building foundations, sidewalks, or asphaltic or concrete parking areas and driveways. j. 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 in subparagraph 12.c. Vapor Intrusion k. 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 Seaboard Station/22075-18-092/lONov2022 6 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 the 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 the intrusion of subsurface vapors into 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 a professional engineer licensed in North Carolina, as evidenced by said engineer's professional seal, is satisfied that the design is fully protective of public health, 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 as -built diagrams, photographs, and a description of the installation, with said engineer's professional seal confirming that the engineer is satisfied that the system was installed per the DEQ approved design. If any deviations from the system design were necessary during installation, then the report shall include details on said deviations, as well as the engineer's seal certifying the VIMS, as installed, was installed in such a manner so as to be fully protective of public health. Prouerty Access 1. 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. Monitoring Wells in. Within 60 days after the effective date of this Agreement or prior to land disturbance activities, whichever occurs first, Prospective Developer shall abandon all monitoring wells, injection wells, recovery wells, piezometers and other manmade points of groundwater access at the Brownfields Property, in accordance with Subchapter 2C of Title 15A of the North Carolina Administrative Code, unless an alternate schedule is approved by DEQ. Within 30 days after doing so, the Prospective Developer shall provide DEQ a report, setting forth the procedures and results. n. Except for the work related to subparagraph 12.m. above, the owner of any portion of the Brownfields Property where any existing, or subsequently installed, DEQ- approved monitoring well is damaged by the owner, its contractors, or its tenants, the owner shall be responsible for repair of any such wells to DEQ's written satisfaction and within a time period Seaboard Station/22075-18-092/lONov2022 7 acceptable to DEQ, unless compliance with this Land Use Restriction is waived in writing by DEQ in advance. Notification of Tenants o. 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 Wake 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 may use the following mechanisms to comply with the obligations of this paragraph: (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 (Notices 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. Separating Old from New Contamination p. 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: in de minimis quantities for cleaning and other routine housekeeping and maintenance activities; ii. as constituents of products and materials customarily used and stored in high -density residential, office, retail, grocery, hotel, restaurant, recreation, health care facility, educational space, cocktail bar, drop -in childcare, parking, and subject to DEQ's prior written approval, other commercial uses, provided such products and materials are stored in original retail packaging and used and disposed of in accordance with applicable laws; iii. as constituents of fuels, lubricants and oils in emergency generators, machinery, equipment, and vehicles in on -board tanks integral to said equipment or in flammable liquid storage containers totaling no more than 25 gallons; or iv. in products or materials that are brought onto the Brownfields Property, kept in their original packaging or containers (that is, not used or repackaged) and later removed from the Brownfields Property in the original packaging or containers. Seaboard Station/22075-18-092/lONov2022 Land Use Restriction Update q. 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 1 st of that year shall submit a notarized Land Use Restrictions Update ("LURU") to DEQ, and to the chief public health and environmental officials of Wake County, certifying that, as of said January 1 st, the Notice of Brownfields Property containing these land use restrictions remains recorded at the Wake County Register of Deeds office and that the land use restrictions are being complied with. If the property is transferred, the grantor shall submit a LURU (as outlined above) which covers the period of time they owned the property. The submitted LURU shall state the following: i. the Brownfields Property address, and the name, mailing address, telephone number, and contact person's e-mail address of the owner, or board, association or approved entity, submitting the LURU if said owner, or each of the owners on whose behalf a joint LURU is submitted, acquired any part of the Brownfields Property during the previous calendar year; ii. the transferee's name, mailing address, telephone number, and contact person's e-mail address, if said owner, or each of the owners on whose behalf a joint LURU is submitted, transferred any part of the Brownfields Property during the previous calendar year; iii. whether any vapor barrier and/or mitigation systems installed pursuant to subparagraph 121. above are performing as designed, and whether the uses of the ground floors, including any tenant renovations, of any buildings containing such vapor barrier and/or mitigation systems have changed, and, if so, how, and under which precautions so as not to interfere with the operation of said system. iv. A joint LURU may be submitted for multiple owners by a duly constituted board or association and shall include the Brownfields Property address, and the name, mailing address, telephone number, and contact person's e-mail address of the entity submitting the joint LURU as well as for each of the owners on whose behalf the joint LURU is submitted. v. 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 paragraphs 17 and 18 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. vi. 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 Brownfields property address, and the name, mailing address, telephone number, and e-mail address of each owner on whose behalf the LURU is proposed to be submitted. Seaboard Station/22075-18-092/lONov2022 9 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. 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. Seaboard Station/22075-18-092/lONov2022 10 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 , 202_. Seaboard Station Joint Venture LP By: RBC GPM LLC, its managing member By: LH 1-Manager LLC, its managing member LN NORTH CAROLINA COUNTY Shawn Seaman President 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 Seal) Official Signature of Notary Notary's printed or typed name, Notary Public My commission expires: Seaboard Station/22075-18-092/lONov2022 11 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. Seaboard Station I LLC Shawn Seaman Date NORTH CAROLINA COUNTY I certify that the following person(s) acknowledging to me that he or she voluntaril stated therein and in the capacity indicated: Date: (Official Seal) y personally appeared before me this day, each signed the foregoing document for the purpose Official Signature of Notary Notary's printed or typed name, Notary Public My commission expires: Seaboard Station/22075-18-092/lONov2022 12 ************************************ 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. Seaboard Station II LLC Shawn Seaman 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 Seal) Official Signature of Notary Notary's printed or typed name, Notary Public My commission expires: Seaboard Station/22075-18-092/lONov2022 13 ************************************ 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. Seaboard Station IV LLC Shawn Seaman 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 Seal) Official Signature of Notary Notary's printed or typed name, Notary Public My commission expires: Seaboard Station/22075-18-092/lONov2022 14 ************************************ 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. Seaboard Station V LLC Shawn Seaman 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 Seal) Official Signature of Notary Notary's printed or typed name, Notary Public My commission expires: Seaboard Station/22075-18-092/lONov2022 15 ************************************ 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 Michael E. Scott Date Director, Division of Waste Management Seaboard Station/22075-18-092/lONov2022 16 EXHIBIT A NORTH CAROLINA DEPARTMENT OF ENVIRONMENTAL QUALITY IN THE MATTER OF: Seaboard Station Joint Venture LP UNDER THE AUTHORITY OF THE BROWNFIELDS PROPERTY REUSE ACT OF 1997, NCGS § 130A-310.30, et SeMc . Brownfields Project No. 22075-18-092 I. INTRODUCTION BROWNFIELDS AGREEMENT re: Seaboard Station 605 and 721 Halifax Street 10 West Franklin Street 802 Semart Drive Raleigh, Wake County This Brownfields Agreement ("Agreement") is entered into by the North Carolina Department of Environmental Quality ("DEQ") and Seaboard Station Joint Venture LP (collectively the "Parties") pursuant to the Brownfields Property Reuse Act of 1997, NCGS § 130A-310.30, et SeMc . (the "Act") for the property located at 605 and 721 Halifax Street, 10 West Franklin Street, and 802 Semart Drive, Raleigh, NC (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 Seaboard Station Joint Venture LP, a Limited Partnership, headquartered at 760 Maine Avenue SW, Washington, DC 20024. Shawn Seamanis the President of LH 1-Manager LLC, the managing member of RBC GPM LLC, which is the managing member of Seaboard Station Joint Venture LP, all of which are 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 Seaboard Station/22075-18-092/09Nov2022 Reservation of Rights) and Section XII (Prospective Developer's Covenant Not to Sue), the potential liability of Seaboard Station Joint Venture LP for contaminants at the Brownfields Property. The Parties agree that Seaboard Station Joint Venture LP's entry into this Agreement, and the actions undertaken by Seaboard Station Joint Venture LP in accordance with the Agreement, do not constitute an admission of any liability by Seaboard Station Joint Venture LP for contaminants at the Brownfields Property. The resolution of this potential liability, in exchange for the benefit Seaboard Station Joint Venture LP shall provide to DEQ, is in the public interest. 11. 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 Seaboard Station Joint Venture LP. 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 the 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 605 Halifax Street (PIN 1704720130) — Block A 721 Halifax Street PIN 1704720443 — Block B 2 Seaboard Station/22075-18-092/09Nov2022 BROWNFIELDS PROPERTY INFORMATION SUMMARY 10 West Franklin Street (PIN 1704627464) — Block C 802 Semart (PIN 1704628864) — Block D At the time of the Brownfields Property Application, the Brownfields Property consisted of seven parcels: 1704629079, 1704720186,1704720096,1704629445,1704721405, 1704627406 and 1704628864, but these were recombined as noted above. Acreage Approximately 6.95 acres 605 Halifax Street (PIN 1704720130) - Seaboard Station IV LLC; it is anticipated that Seaboard Station Apartment A LLC and Seaboard Station Retail A LLC will have a future condominium interest 721 Halifax Street (PIN 1704720443) — Seaboard I LLC; it is Current Property Owner anticipated that Seaboard Station Retail B LLC will have a future condominium interest 10 West Franklin Street (PIN 1704627464) — Seaboard Station V LLC;it is anticipated that Seaboard Station Retail C LLC will have a future condominium interest 802 Semart PIN 1704628864 — Seaboard II LLC Current Land Uses Mixed -use development under construction William Peace University to the east, rail tracks to the north, Site Vicinity Land Use(s) historic Seaboard Station building and rail tracks to the west, and commercial development to the south. High -density residential, office, retail, grocery, hotel, Proposed Reuse(s) restaurant, recreation, health care facility, educational space, cocktail bar, drop -in childcare, parking, and subject to DEQ's prior written approval, other commercial uses. Increased tax base, spur to additional community investment Public Benefits of Reuse and redevelopment, creation of construction and permanent jobs, and smart growth. Notice of Residual Petroleum (NORP) for UST Incident No. 26568 located at 804 Semart Drive, Raleigh, was recorded at the Wake County Registry of Deeds on October 20, 2004 in Existing Land Use Book 011065, Pages 00892-00896. The NORP states that Restrictions Prior to groundwater from the site is prohibited from use as a water Brownfields Agreement supply. Water supply wells of any kind shall not be installed or operated on the site. This is not in conflict with the Brownfields land use restrictions in this Agreement and therefore the NORP remains in force and is not superseded by this Agreement. Seaboard Station/22075-18-092/09Nov2022 ENVIRONMENTAL INFORMATION SUMMARY Seaboard Station was originally developed with single-family residences in the early 1900s. Circa 1940, when the original Seaboard train station opened, the area transitioned to commercial uses and warehousing, and then to a variety of retail uses. A portion of the site was improved with tennis courts in the 1960s for William Peace University. Known contaminant sources include an offsite release of dry- cleaning solvents from the former Flints Laundry and Dry - Cleaning facility, located about 1,000 feet to the south and upgradient of Seaboard Station. The release at this facility contaminated groundwater throughout the area north of the dry cleaners, including at Seaboard Station. Flints Laundry and Dry Cleaning is enrolled in the North Carolina Dry Cleaning Solvent Clean Up Act (NC DSCA) program, No. Historical Operations & DC920046. Contaminant Sources A release of petroleum hydrocarbons is documented at 804 Semart Dr. on Block D of the Brownfields Property. The release is assigned DEQ Undergound Storage Tank (UST) Section Incident No. 26568. A gasoline UST for vehicle refueling and a fuel oil UST for boiler fuel were believed to have operated at this location from at least the 1940s or 1950s through the 1970s. The USTs were believed to have been closed in place or removed in the early 1990s, but there are no available records to support removal of the USTs nor any contaminated soil. Assessment work for this incident was completed in 2004. Although petroleum hydrocarbons were detected in site soil and groundwater, a No Further Action Letter was issued by NC DENR on October 19, 2004, and a NORP as noted above was recorded which prohibits the use of groundwater and the installation of ground water supply wells at this location. Current Operations/Activities Construction of a mixed -use development and leasing of pre- existing retail and commercials ace. Soil: Arsenic, petroleum hydrocarbons, and polynuclear aromatic hydrocarbons (PAHs) were detected in site soil above their Contaminated Media respective Residential Preliminary Soil Remediation Goals (PSRGs). Most soil represented by data in the environmental reports in Block A has been removed from the site during construction activities. Additional excavation is anticipated Seaboard Station/22075-18-092/09Nov2022 ENVIRONMENTAL INFORMATION SUMMARY for Blocks B, C, and potentially D. Groundwater: Benzene, methyl tert-butyl ether, petroleum hydrocarbons, tetrachloroethene (PCE), trichloroethene (TCE), and xylenes above their respective NC 2L Groundwater Standards are detected at the Brownfields Property. Concentrations of benzene, ethylbenzene, PCE, TCE, and xylenes also exceed their respective Residential Vapor Intrusion Screening Levels (VISL) in groundwater. Exterior Soil Gas: Benzene, chloroform, ethylbenzene, PCE, TCE, and xylenes detected in exterior soil gas samples at the Brownfields Property exceed their respective Residential VISLs in exterior soil gas samples. Additional compounds are detected but do not have established screening levels associated with them. Sub -Slab Vapor: Chloroform, naphthalene and PCE exceed their respective Residential VISLs in sub -slab samples. Additional compounds are detected but do not have established screening levels associated with them. Indoor Air: No indoor air testing has been conducted because the existing buildings have been or will be demolished and vapor intrusion mitigation systems are planned to be installed in the new buildings. Surface Water/Sediment: N/A — There are no onsite surface waters or sediments North Carolina Dry Cleaning Solvent Clean Up Act — No. DC920046. ID Numbers/Permits North Carolina Underground Storage Tank Program - Incident No. 26568 Residents, construction workers, non-residential workers, Onsite Receptors Considered students, and retail, grocery, hotel, restaurant, drop -in childcare, and recreational customers, and trespassers. Potential Offsite Receptors i. Water supply wells: Water supply wells are identified in Considered close proximity to the site in the DSCA environmental reports for the Flint Laundry and Drycleaners. The closest is an irrigation well, WSW-2, that is located immediately west of Seaboard Station/22075-18-092/09Nov2022 ENVIRONMENTAL INFORMATION SUMMARY Block D and has been used by a plant nursery at this off -site property. ii. Residential structures, churches, or childcare centers: None known. iii. Surface water: The Pigeon House Branch located west of the Brownfields Property could be impacted by groundwater contamination originating from the upgradient former Flint Laundry and Dry Cleaner location. Groundwater: Contaminated groundwater originating Potential offsite migration upgradient of the Brownfields Property could be migrating to pathways the west-northwest to the Pigeon House Branch. Soil Vapor: None identified at the property boundary. 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 Data Gap Assessment Report, Seaboard Mid -Atlantic Associates, Inc. August 4, 2022 Station Block C Redevelopment Confirmation In -Situ Soil Assessment ECS Southeast, LLP December 7, 2020 Block B Letter Report Report of In -Situ Soil Assessment — ECS Southeast, LLP August 19, 2020 Block B, Seaboard Station Report of In -Situ Soil Assessment, Block ECS Southeast, LLP August 12, 2020 A, Seaboard Station Report of Environmental Assessment, ECS Southeast, LLP March 16, 2020 Seaboard Station Environmental Soil and Groundwater Sampling Report, Seaboard Station and ECS Southeast, LLP November 20, 2018 Vicinity Parcels Soil Sampling and Environmental ECS Southeast, LLP October 26, 2018 Screening Report, Seaboard Station and 0 Seaboard Station/22075-18-092/09Nov2022 Title Prepared by Date of Report Vicinity Parcels Phase I Environmental Site Assessment, ESC Southeast, LLP October 3, 2018 Seaboard Station Soil and Soil Gas Sampling Report, ESC Southeast, LLP November 14, 2017 Seaboard Station b. Other available reports Title Prepared by Date of Report Phase I Environmental Site Assessment, Sepi Engineering & August 15, 2013 Seaboard Properties Construction Notice of Residual Petroleum, Incident No. Jordan Price Wall 26568, certified copy Gray Jones & Carlton November 1, 2004 Law Offices Division of Waste Notice of No Further Action Management, Underground Storage October 19, 2004 Tank Section Limited Site Assessment, Additional Site GeoLogix, Inc. Follow-UpIncident No. 26568 October 5, 2004 Limited Site Assessment — Phase I Follow -Up GeoLogix, Inc. June 16, 2004 to Initial LSA Site Work, Incident No. 26568 Limited Site Assessment — Phase I, Incident GeoLogix, Inc. March 25, 2004 No. 26568 Division of UST Leak Reporting Form Environmental September 20, 1995 Management c. Other applicable off -site reports: Title Prepared by Date of Report Water Supply Well Sampling, Flint's Laundry and Dry Cleaning, DSCA Site ID: Hart & Hickman, PC July 21, 2021 DC920046 Groundwater Monitoring Report, Flint's Laundry and Dry Cleaning, DSCA ID: Hart & Hickman, PC July 16, 2020 DC920046 Seaboard Station/22075-18-092/09Nov2022 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 December 10, 2018, and a revised BPA on April 2, 2021, and the following: a. On December 13, 2018, Prospective Developer's affiliated companies purchased the Brownfields Property; which consisted of the following seven parcels: 1704629079, 1704720186 and 1704720096, referred to as Block A; 1704629445 and 1704721405, referred to as Block B; 1704627406, referred to as Block C; and 1704628864, referred to as Block D; b. From December 2018 until the start of redevelopment in the fall of 2020, Prospective Developer continued to lease portions of the Brownfields Property to the existing Seaboard Station retail tenants; c. In November 2020, Prospective Developer began redevelopment activities consisting of demolition of building improvements on Blocks A and B in accordance with the DEQ-approved Environmental Management Plan required by subparagraph 12.c. below; d. In December 2020, Prospective Developer began grading and vertical construction at Block B; e. On April 30, 2021, July 1, 2022, and August 29, 2022, Prospective Developer caused the recombination of six of the seven parcels into three new parcels: 1704720130 (Block A), 1704720443 (Block B), and 1704627464 (Block C) respectively; with Seaboard Station/22075-18-092/09Nov2022 the seventh parcel, Parcel 1704628864 (Block D), maintaining its original parcel number assignment and boundaries; f. In the fall of 2022, Prospective Developer began redevelopment activities consisting of demolition of the existing improvements at Block C and grading and vertical construction at Blocks A and C. 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- 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 0 Seaboard Station/22075-18-092/09Nov2022 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; b. a spur to additional community investment and redevelopment, through improved neighborhood appearance and otherwise; c. the creation of hundreds of temporary construction jobs and approximately 50 permanent jobs; d. an increase in tax revenue for affected jurisdictions; e. additional high -density residential, office, retail, grocery, hotel, restaurant, recreation, health care facility, educational space, cocktail bar, drop -in childcare, and parking space for the area; f. "smart growth" through use of land in an already developed area, which avoids development of land beyond the urban fringe ("greenfields"). 10 Seaboard Station/22075-18-092/09Nov2022 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): Section; a. the Guidelines of the Inactive Hazardous Sites Branch of DEQ's Superfund 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) credit categories incorporated into the U.S. Green Building Council Leadership in Energy and Environmental Design (LEED) certification program (Integrative Process, Location and Transportation, Sustainable Sites, Water Efficiency, Energy & Atmosphere, Materials & Resources, Indoor Environmental Quality, Innovation, 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 11 Seaboard Station/22075-18-092/09Nov2022 Environmental Management Plan (EMP) as specified in subparagraph 12.c. 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. Additionally, all land use restrictions contained in the deed notification entitled Notice of Residual Petroleum, 804 Semart Ave., Raleigh, Wake County, recorded by Jordan Price Wall Gray Jones & Carlton on the deed to the Brownfields Property on October 20, 2004 in Book 011065, Pages 00892-00896 at the Wake County Register of Deeds office, and as attached hereto as Exhibit 3, remain in force. All references to DEQ shall be understood to include any successor in function. Land Uses a. No use may be made of the Brownfields Property other than for high -density residential, office, retail, grocery, hotel, restaurant, recreation, health care facility, educational space, cocktail bar, drop -in childcare, parking, and subject to DEQ's prior written approval, other commercial uses. These land uses and their definitions below apply solely for purposes of this agreement, and do not waive any local zoning, rule, regulation, or permit requirements: i. "High -Density Residential" is 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 12 Seaboard Station/22075-18-092/09Nov2022 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, townhomes, duplexes, or other units with yards are prohibited. are provided. ii. "Office" is defined as a place where business or professional services iii. "Retail" is defined as the sale of goods or services, products, or merchandise directly to the consumer or businesses and includes showrooms, personal service, open air markets, festivals, food halls, and the sales of food and beverage products, including from mobile establishments such as food trucks. iv. "Grocery" is defined as a retail store that offers non-perishable food packaged in bottles, boxes, and cans, perishable food such as baked goods, meats, deli products, and fresh produce, and which may sell non-food items, such as clothing and household items and provide pharmacy, financial, or other services. v. "Hotel" is defined as the provision of overnight lodging to paying customers, and associated food services, gym, reservation, cleaning, utilities, parking and on -site hospitality, management and reception services. vi. "Restaurant" is defined as a commercial business establishment that prepares and serves food and beverages, including alcoholic beverages under all applicable local, state, and federal regulations, to patrons. vii. "Recreation" is defined as indoor and outdoor exercise -related, physically focused, or leisure -related activities, whether active or passive, and the facilities for 13 Seaboard Station/22075-18-092/09Nov2022 same, including, but not limited to, studios, swimming or wading pools, splash pads, clubhouses, sports -related courts and fields, open space, greenways, parks, playgrounds, walking paths, picnic and public gathering areas, campgrounds, boat docks, and marinas. viii. "Health Care Facility" is defined as a hospital, urgent care clinic, medical clinic (excluding veterinary), rehabilitation center, health maintenance organization (excluding a group home), which routinely provides for the diagnostics, care, treatment of, and testing for physical or psychological injury or illness, or disability, and/or for the short-term boarding of patients. ix. "Educational Space" is defined as interior space operated by a privately or publicly -owned institution, facility, or enterprise that provides education to pre-school, elementary, and older students, including session camps designed for school -age children. x. "Cocktail bar" is defined as a commercial business establishment that prepares and serves mixed alcoholic drinks and other beverages, and snacks under all applicable local, state, and federal regulations to patrons. xi. "Drop -in Childcare" is defined as short-term care for children that is excluded from the definition of childcare in NCGS § 110-86(2), and is provided while parents participate in activities that are not employment -related and where the parents are on the premises or otherwise easily accessible, or is that provided by an employer for its part-time employees under the conditions specified in NCGS § 110-86(2)d and § 110-86(2)d1. xii. "Parking" is defined as the temporary accommodation of motor vehicles in an area designed for same. xiii. "Commercial" is defined as an enterprise carried on for profit or 14 Seaboard Station/22075-18-092/09Nov2022 nonprofit by the owner, lessee or licensee, with the exception of educational space and childcare facilities. Specific Prohibitions b. The Brownfields Property may not be used for dry cleaning operations using chlorinated solvents. Environmental Management Plan c. Physical redevelopment of the Brownfields Property may not occur other than in accordance, as determined by DEQ, with an Environmental Management Plan ("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 buildings, if applicable; ii. issues related to known or potential sources of contamination, including without limitation those resulting from contamination identified in paragraph 3 above; iii. contingency plans for addressing, including without limitation the testing of soil and groundwater, newly discovered potential sources of environmental contamination (e.g., USTs, tanks, drums, septic drain fields, oil -water separators, soil contamination); and iv. plans for the proper characterization and DEQ approval of both fill soil 15 Seaboard Station/22075-18-092/09Nov2022 before import to the Brownfields Property and the disposition of all soil excavated from the Brownfields Property during redevelopment. Redevelopment Summary Report d. 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). Demolition of Existing Structures e. Unless compliance with this Land Use Restriction is waived in writing in 16 Seaboard Station/22075-18-092/09Nov2022 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. Underiround Storage Tank Removal f. Not later than completion of redevelopment, the suspected underground storage tanks (USTs) and their appurtenances identified above in paragraph 3, if present, shall be removed and addressed to the satisfaction of DEQ. Groundwater g. 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.c. above, or a plan approved in writing in advance by DEQ. Soil h. No activity that disturbs soil on the Brownfields Property as delineated on the plat component of the Notice of Brownfields Property referenced below in paragraph 16, may occur unless and until DEQ states in writing, in advance of the proposed activity, that said 17 Seaboard Station/22075-18-092/09Nov2022 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: inches; 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 to work conducted in accordance with a DEQ-approved Environmental Management Plan (EMP) as outlined in subparagraph 12.c. above. i. No use of the Brownfields Property may occur until the then owner of the Brownfields Property conducts representative final grade soil sampling, pursuant to a plan approved in writing by DEQ, of any area that is not covered by building foundations, sidewalks, or asphaltic or concrete parking areas and driveways. j. 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 in subparagraph 12.c. Vapor Intrusion k. 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 Seaboard Station/22075-18-092/09Nov2022 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 the 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 the intrusion of subsurface vapors into 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 a professional engineer licensed in North Carolina, as evidenced by said engineer's professional seal, is satisfied that the design is fully protective of public health, 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 as -built diagrams, photographs, and a description of the installation, with said engineer's professional seal confirming that the engineer is satisfied that the system was installed per the DEQ approved design. If any deviations from the system design were necessary during installation, then the report shall include details on said deviations, as well as the engineer's seal certifying the VIMS, as installed, was installed in such a manner so as to be fully protective of public health. 19 Seaboard Station/22075-18-092/09Nov2022 Property Access 1. 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. Monitoring Wells in. Within 60 days after the effective date of this Agreement or prior to land disturbance activities, whichever occurs first, Prospective Developer shall abandon all monitoring wells, injection wells, recovery wells, piezometers and other manmade points of groundwater access at the Brownfields Property, in accordance with Subchapter 2C of Title 15A of the North Carolina Administrative Code, unless an alternate schedule is approved by DEQ. Within 30 days after doing so, the Prospective Developer shall provide DEQ a report, setting forth the procedures and results. n. Except for the work related to subparagraph 12.m. above, the owner of any portion of the Brownfields Property where any existing, or subsequently installed, DEQ- approved monitoring well is damaged by the owner, its contractors, or its tenants, the owner 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. 20 Seaboard Station/22075-18-092/09Nov2022 Notification of Tenants o. 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 Wake 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 may use the following mechanisms to comply with the obligations of this paragraph: (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 (Notices 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. Separating Old from New Contamination p. 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 21 Seaboard Station/22075-18-092/09Nov2022 maintenance activities; ii. as constituents of products and materials customarily used and stored in high -density residential, office, retail, grocery, hotel, restaurant, recreation, health care facility, educational space, cocktail bar, drop -in childcare, parking, and subject to DEQ's prior written approval, other commercial uses, provided such products and materials are stored in original retail packaging and used and disposed of in accordance with applicable laws; iii. as constituents of fuels, lubricants and oils in emergency generators, machinery, equipment, and vehicles in on -board tanks integral to said equipment or in flammable liquid storage containers totaling no more than 25 gallons; or iv. in products or materials that are brought onto the Brownfields Property, kept in their original packaging or containers (that is, not used or repackaged) and later removed from the Brownfields Property in the original packaging or containers. Land Use Restriction Update q. 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 1 st of that year shall submit a notarized Land Use Restrictions Update ("LURU") to DEQ, and to the chief public health and environmental officials of Wake County, certifying that, as of said January 1 st, the Notice of Brownfields Property containing these land use restrictions remains recorded at the Wake County Register of Deeds office and that the land use restrictions are being complied with. If the property is transferred, the grantor shall submit a LURU (as outlined above) which covers the period of time they owned the property. The submitted LURU shall state the following: 22 Seaboard Station/22075-18-092/09Nov2022 i. the Brownfields Property address, and the name, mailing address, telephone number, and contact person's e-mail address of the owner, or board, association or approved entity, submitting the LURU if said owner, or each of the owners on whose behalf a joint LURU is submitted, acquired any part of the Brownfields Property during the previous calendar year; ii. the transferee's name, mailing address, telephone number, and contact person's e-mail address, if said owner, or each of the owners on whose behalf a joint LURU is submitted, transferred any part of the Brownfields Property during the previous calendar year; iii. whether any vapor barrier and/or mitigation systems installed pursuant to subparagraph 121. above are performing as designed, and whether the uses of the ground floors, including any tenant renovations, of any buildings containing such vapor barrier and/or mitigation systems have changed, and, if so, how, and under which precautions so as not to interfere with the operation of said system. iv. A joint LURU may be submitted for multiple owners by a duly constituted board or association and shall include the Brownfields Property address, and the name, mailing address, telephone number, and contact person's e-mail address of the entity submitting the joint LURU as well as for each of the owners on whose behalf the joint LURU is submitted. v. 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 paragraphs 17 and 18 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 23 Seaboard Station/22075-18-092/09Nov2022 leases. vi. 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 Brownfields property address, and the name, mailing address, telephone number, and e-mail address of each owner on whose behalf the LURU is proposed to 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 12.1. 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 24 Seaboard Station/22075-18-092/09Nov2022 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 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 Wake 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 Wake County land records, Book , Page " A copy 25 Seaboard Station/22075-18-092/09Nov2022 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 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 26 Seaboard Station/22075-18-092/09Nov2022 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 3 La. 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 the Brownfields Property Application dated December 10, 2018, and by the Amended Brownfields Property Application dated April 2, 2021, by which it applied for this Agreement. That use is that which is provided in paragraph 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. DEO'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 27 Seaboard Station/22075-18-092/09Nov2022 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 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 Seaboard Station/22075-18-092/09Nov2022 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 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 SeMc . 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. 29 Seaboard Station/22075-18-092/09Nov2022 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. 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)(l)-(5)'s provision of the Act's liability protection to certain persons to the same 30 Seaboard Station/22075-18-092/09Nov2022 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 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. 31 Seaboard Station/22075-18-092/09Nov2022 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: 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: Shawn Seaman, President (or successor in function) Seaboard Station Joint Venture LP 760 Maine Avenue Washington, DC 20024 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. 32 Seaboard Station/22075-18-092/09Nov2022 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 (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. 33 Seaboard Station/22075-18-092/09Nov2022 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 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 E. Scott Date Director, Division of Waste Management 34 Seaboard Station/22075-18-092/09Nov2022 IT IS SO AGREED: Seaboard Station Joint Venture LP By: RBC GPM LLC, its managing member By: LH 1-Manager LLC, its managing member Shawn Seaman President Date 35 Seaboard Station/22075-18-092/09Nov2022 Exhibit 1 Brownfields Property Name: Seaboard Station Brownfields Project Number: 22075-18-092 313 � . � yy H i 7kl{E R rh 1, L R D T 5ti[7 Rb w1- VE r J«]k SASSE 57 401 U! M#7i �15T. -w M1t r I�+M '� f FAMK { [ JJ W PEACE ST{' FMK DR po u!O►fxSanr _ x _ ?il'_� COLS fitLO 7Ok x SITE ti _ € EDENTCJN S ti :.. f } f NEW, BERN'AVE' �' �-WN1f+GF kS � AQ M1 1 iti, o ''� 5 L r "' Exhibit 2 Brownfields Property Name: Seaboard Station Brownfields Project Number: 22075-18-092 The following tables set forth, for contaminants present at the Brownfields Property above unrestricted use standards or screening levels as reported in the Environmental Reports in paragraph 4 of the Brownfields Agreement to which this is an exhibit, the concentration found at each sample location, and the applicable standard or screening level. Screening levels and standards are shown for reference only and are not set forth as cleanup or mitigation 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, or the 2L Groundwater Interim Maximum Allowable Concentrations (IMACS) (April 1, 2022 version): Groundwater Contaminant 1 Sample Location Date of Sampling Concentration Exceeding Standard m /L Standard (mg/L) Benzene 05/21/2004 3819 1 GW-2 tert-but 1 ether GW-1 09/8/2004 45.4 20 -Methyl Petroleum Hydrocarbons, ali hatics, C5-C8 GW-1 01 /3 0/2004 521 400 Tetrachloroethene MW-7 09/ 18/2019 65 0.7 GW-1 09/8/2004 24.2 GW-1 02/05/2020 72.1 GW-2 9.7 GW-4/GW-DUP 3.5/3.4 Trichloroethene MW-7 09/06/2016 9.95 3 GW-1 02/05/2020 8.3 X lens GW-1 05/21/2004 585 500 'Note that there are two different sets of wells with the prefix "GW' ; the first dates from 2004 and the second from 2020. Seaboard Station/22075-18-092/08Nov2022 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 contained in the Division of Waste Management Vapor Intrusion Guidance, Residential Vapor Intrusion Screening Levels (VISL) (July 2022 version): Groundwater Concentration Residential Contaminant with Potential for Vapor Sample Location2 Date of Exceeding VI Screening Intrusion Sampling Screening Level Level (µg/L) (µg/L) Benzene 05/21/2004 1.6 GW_2 8195 cis-1,2- 02/OS/2020 22.6 GW_2 Dichloroethene 3?0 NSE GW-2 09/08/2004 2.9 Ethylbenzene 05/21/2004 3.5 GW-2 4403 Petroleum Hydrocarbons, GW-1 01/30/2004 521 1.7 ali hatics, C5-C8 MW-7 09/18/2019 65 GW-1 02/05/2020 72.1 Tetrachloroethene 12 GW-1 09/08/2004 24.2 MW-7 09/06/2016 9.95 GW-1 8.3 Trichloroethene 1.0 02/OS/2020 GW-2 1.2 Xylene 05/21/2004 585 77 GW_2 176.6 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. Note that there are two different sets of wells with the prefix "GW' ; the first dates from 2004 and the second from 2020. NSE — No screening level or regulatory standard established Seaboard Station/22075-18-092/08Nov2022 2 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 (July 2022 version): Concentration Residential Soil Sample Depth Date of Exceeding Screening Contaminant Location (ft) Sampling Screening Level' Level (mg/kg) (mg/kg) p-Isopropyltoluene 5-10 10 01/30/2004 0.0048 NSE 5-15 15 01/30/2004 0.87 2-Meth Ina hthalene 5-10 10 01/30/2004 4,890 48 Petroleum Hydrocarbons, 5-15 15 01/30/2004 163 20 Ali hatics, C9-C 12 Petroleum 5-10 10 01/30/2004 742 Hydrocarbons, 20 Ali hatics, C9-C 18 5-15 15 01/30/2004 83.9 Petroleum Hydrocarbons, 5-15 15 01/30/2004 90.9 20 Aromatics, C9-C 10 Petroleum 5-10 10 01/30/2004 493 Hydrocarbons, 20 Aromatics, C 11-C22 5-15 15 01/30/2004 138 5-10 10 01/30/2004 2.45 Phenanthrene NSE 5-15 15 01/30/2004 0.879 '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. NSE — No screening level or regulatory standard established Seaboard Station/22075-18-092/08Nov2022 EXTERIOR SOIL GAS Exterior 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 (July 2022 version): Exterior Soil Gas Contaminant Sample Location Date of Sampling Concentration Exceeding Screening Level /m3 Residential Screening Level' (µg/m3) Benzene 02/4/2020 77.7 12 SG-0 28 Chloroform ESG-1 06/24/2022 15 4.1 ESG-2 280 ESG-3 5.7 ESG-4 210 ESG-5 40 ESG-6 23 ESG-7 15 ESG-8 4.1 ESG-9 160 SG-7 09/28/2017 8.7 SG-10 02/04/2020 4.2 cis-1,2-Dichloroethene SG-10 02/04/2020 4.6 NSE Ethylbenzene SG-9 02/04/2020 297 37 SG-10 02/04/2020 86.4 4-Ethyltoluene ESG-1 06/24/2022 3.0 NSE ESG-2 1.9 ESG-4 0.73 J ESG-6 1.0 ESG-8 1.8 SG-10 02/04/2020 7.9 Ethanol ESG-1 06/24/2022 43 NSE ESG-2 46 ESG-4 28 ESG-5 21 ESG-6 34 ESG-7 43 ESG-8 50 Tetrachloroethene SG-9 02/04/2020 280 1 3,640 Trichloroethene SG-10 02/04/2020 85.6 14 Seaboard Station/22075-18-092/08Nov2022 4 Exterior Soil Gas Contaminant Sample Location Date of Sampling Concentration Exceeding Screening Level /m3 Residential Screening Level' (µg/m3) Trichlorofluoromethane ESG-1 06/24/2022 77 NSE ESG-2 49 ESG-3 89 ESG-4 42 ESG-5 130 ESG-6 160 ESG-7 640 ESG-8 22 ESG-9 13 SG-4 09/28/2017 8.9 X lenes SG-9 02/04/2020 2,065 700 '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. NSE - No screening level or regulatory standard established J — Estimated value between the method detection limit and the laboratory reporting limit. Seaboard Station/22075-18-092/08Nov2022 SUB -SLAB VAPOR Sub -slab vapor 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 (July 2022 version): Sub -Slab Vapor Contaminant Sample Location Date of Sampling Concentration Exceeding Screening Level (µg/m3) Residential Screening Level' (µg/m) Chloroform SSSG-3/DUP 06/24/2022 5.415.5 4.1 1,3 Dichlorobenzene SSSG-2 06/24/2022 1.6 NSE Ethanol SSSG-1 06/24/2022 89 NSE SSSG-2 31 SSSG-3/DUP 17/19 Ethyl Acetate SSSG-1 06/24/2022 16 NSE Naphthalene SG-11 02/03/2020 5.8 2.8 Tetrachloroethylene SSSG-2 06/24/2022 730 280 SG-11/DUP 02/03/2020 625/518 280 Trichlorofluoromethane SG-11/DUP 02/03/2020 24.8/28.6 NSE 06/24/2022 .4J SSSG-2 SSSG-3/DUP 7.4/8.5 '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. NSE - No screening level or regulatory standard established Seaboard Station/22075-18-092/08Nov2022 EXHIBIT 3 NOTICE OF RESIDUAL PETROLEUM LAW OFFICES ,JORDAN PRICE WALL GRAY .JONES & CARLTON A PROFESSIONAL LIMfrED LIABILRY COMPANY .10SEPH E. WALL R. FRANK GRAY HENRY W. JONES, JR. PAULT. FLICK TERRYJ. CARLTON HOPE DERBY CARMICHAEL JONATHAN P. CARR WILLIAM K. HALE JEFFREY R. ELLINGER STEPHEN R. DOLAN SARA CARRIGAN MOESTA BRIAN S. EDLIN JEFFREYJ. GOEBEL JOSEPH E. PROPST ROBERT L. ANGE JOHN R. JORDAN, JR. ROBERT R. PRICE KAREN KELLY CARLTON OF COUNSEL RALEIGH, NORTH CAROLINA November 1, 2004 1951 CLARK AVENUE RALEIGH, NC 27605 MAILING ADDRESS POST OFFICE BOX 10669 RALEIGH, NC 27605-0669 TELEPHONE (91 9) 828-2501 FACSIMILE (9 1 9) 83 1-4484 E-MAIL law@jordanprice.com NCDENR — Raleigh Regional Office UST Section — Robert K. Davies 1628 Mail Service Center r Raleigh, NC 27699' Re: Notice of Residual Petroleum — incident # 26568 — Gregory & Parker — Semart D I Dear Mr. Davies: Per your department's instructions relating to recording of Notice of Residtrd troleum; please find enclosed a certified copy of the recorded Notice affixed with the seal of the Wakd .' County Register of Deeds. Please note that the Notice was recorded in Book 11065, Page 892, `N Wake County Registry. Thank you for your department's assistance in this matter and please let me know if anything else is required for compliance. Sincerely, JORDAN PRICE WALL GRAY JONES & CARLTON, PLLC 0=0�q WAKE COUNTY NORTH CAROLINA Wake County Register of Deeds Post Office Box 1897 Raleigh, North Carolina 27602-1897 STATE OF NORTH CAROLINA COUNTY OF WAKE Laura M. Riddick Register Of Deeds I, LAURA M. RIDDICK, REGISTER OF DEEDS IN AND FOR THE ABOVE NAMED STATE AND COUNTY, DO HEREBY CERTIFY THAT THE ATTACHED IS A TRUE AND EXACT COPY OF AN INSTRUMENT RECORDED IN THE WAKE COUNTY REGISTRY ON OCTOBER 20, 2004, IN BOOK 11065 PAGE 892. IN TESTIMONY WHEREOF, I HAVE HEREUNTO SET MY HAND AND CAUSED THE OFFICIAL SEAL OF MY SAID OFFICE TO BE AFFIXED HERETO THIS, THE 28TH DAY OF OCTOBER, 2004. REGISTER OF DEEDS M. * REG TER OF * DEPUTY / SEAL. (page 1 of'5) BK011065PGO0892 WAKE COUNTY. MC 476 LAURA M RIDDICK REGISTER OF DEEDS PRESENTED 8 RECORDED ON 18r2812884 AT 15:36:42 HOOK:6118Gs PAGE:88892 - 0089G NOTICE OF RESIDUAL PETROLEUM 804 Semart Ave., Raleigh, Wake County, NC The property that is the subject of this Notice (hereinafter referred to as the "Site") contains residual petroleum and is an Underground Storage Tank (UST) incident under North Carolina's Statutes and Regulations, which consist of N.C.G.S.143-215.94 and regulations adopted thereunder. This Notice is part of a remedial action for the Site that has been approved by the Secretary (or his/her delegate) of the North Carolina Department of Environment and Natural Resources (or its successor in function), as authorized by N.C.G.S. Section 143B-279.9 and 143B-279.11. The North Carolina Department of Environment and Natural Resources shill hereinafter be referred to as "DENR". NOTICE Petroleum product was released and/or discharged at the Site. Petroleum constituents remain on the site, but are not a danger to public health and the environment, provided that the restrictions described herein, and any other measures required by DENR pursuant to N.C.G.S. Sections 14313279.9 and 143B-279.11, are strictly complied with. This "Notice of Residual Petroleum" is composed of a description of the property, the location of the residual petroleum and the land use restrictions on the Site. The Notice has been approved and notarized by DENR pursuant to N.C.G.S. Sections 143B-279.9 and 143B-279.11 and has/shall be recorded at the Wake County Register of Deeds' office. Source Propertv Gregory & Parker Inc. of Raleigh, North Carolina is the owner in fee simple of all of the Site, which is located in the County of Wake, State of MRFC-arolina, and is known and legally described as: PT Lot #9 Address: 804 Semart Ave., Raleigh, NC 27604 PIN:1704-62-8960 Real Estate ID: 26517 Said parcel is also shcwn on plat entitled "Property of Gregory & Parker" and recorded in Book of Maps 2003, Page 1924, Wake County Registry. (,Page 2 of '5) BKO11065PGO0893 Additional Affected Pro i)erty_Also Subiect to Restrictions Triangle Transit Authority of Raleigh, North Carolina is the owner of a portion of the Site, which is located in the County of Wake, State of North Carolina. A right-of-way over and upon said portion was reserved by CSX Transportation, Inc., the principal office of which is located at 500 Water St. Jacksonville, Florida. Petroleum contamination is located on this property at the time this Notice is approved. This property was also owned or controlled by the underground storage tank owner or operator or another party responsible for the petroleum discharge or release at the time the discharge or release was discovered or reported, or at any time thereafter. This property is known and legally described as: BEING a portion of that certain tract of land described as "RJW Reservation Tract for Semart Drive" as shown on map entitled "Recombination Map for CSX Transportation, Inc." as recorded in Book of Maps 1990, Page 406, Wake County Registry. The portion of said tract subject to this notice begins immediately adjacent to the Source Property and runs in a westerly direction approximately thirty (30) feet. Said area coincides with the placement of monitoring wells, the location of which were agreed upon by members of the UST Section of DENR and representatives of the Source Property ownership during a meeting on May 18, 2004. For protection of public health and the environment, the following land use restrictions required by N.C.G.S. Section 143B-279.9(b) shall apply to all of the above -described real property. These restrictions shall continue in effect as long as residual petroleum remains on the site in excess of unrestricted use stane;ards and cannot be amended or cancelled unless and until the Wake County Register of Deeds receives and records the written concurrence of the Secretary (or his/her delegate) of DENR (or its successor in function). PERPETUAL LAND USE RESTRICTIONS Groundwater: Groundwater from the site is prohibited from use as a water supply, Water supply wells of any kind shall not be installed or operated on the site. ENFORCEMENT The above land use restriction(s) shall be enforced by any owner, operator, or other party responsible for the Site. The above land use restriction(s) may also be enforced by DENR through any of the remedies provided by law or by means of a civil action, and may also be enforced by any unit of local government having jurisdiction over any part of the Site. Any attempt to cancel this Notice without the approval of DENR (or its successor in function) 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 restriction(s) shall in no event be deemed a waiver of the right to do so thereafter as to the same violation or as to ane occurring prior or subsequent thereto. (Page 3 of 5) BK011065PGO0894 IN WITNESS WHEREOF, Jeffrey J. Goebel has caused this Notice to be executed pursuant to N.C.G.S. Sections 143B-279.9 and 14313-279.11, this _L�_ day of October, 2004. Lo STATE OF NORTH CA ROLINA COUNTY OF WAKE nc. I, a Notary Public for the state and county aforesaid, certify that Jeffrey J. Goebel, Attorney for Gregory & Parker, Inc. personally appeared before me and acknowledged the due execution of the foregoing instrument. 4 Witness my hand. and official stamp or seal this 1� day of October, 2004. My Commission Expire:.: �7_ Notary Public R. (page 4 .of 15) BK011N5PG00895 Approved for the purposes of N.C.G.S. 143B-279.11 signature of Regional Sw—pervisor) clvr car , Supervisor (printed name o Regionm� Sum) 1Zr/e.< , Regional Office (name of Region) UST Section Division of Waste Mana;ement Department of Environrr..ent and Natural Resources STATE OF NORTH CAROLINA COUNTY OF I, a Notary Public forthecounty and state aforesaid, do hereby certify that 4%, did person 1y appear ani sign before me this the A day of &66ez__ , 2004. 9� � /jam C� � Notary Public My Commission Expires: tC// (,Page 5 0&15) BK011005PGO0896 BOOK:8118GS PAGE:88892 - 888gs Yellow probate sheet is a vital part of your recorded document. Please retain with original document and submit for rerecording. Wake County Register of Deeds WAKELaura M. Riddick COUNTY Register of Deeds HOLM CAROLINA North Carolina — Wake County The foregoing certificate sof _ Notary(ies) Public is (are) certified to be correct. This instrument and this certificate are duly registered at the date and time and in the book and page shown on the first page hereof. Laura M. Riddick, Register of Deeds By: Assietantmeputy Ilegister of Deeds This Customer Group This Document _ # of Time Stamps Needed / New Time Stamp # of Pages 2ZO04-7/1I /W .r i r4 LAND USE RESTRICTIONS 0 e SITE N - SITE f SITE +a I SITE v. LZs W pn-, 5t o (NOT TO SCALE) "I, JOHN A. EDWARDS JR., P.L.S. , certify that this plat was drawn under my supervision from an actual survey made under my supervision (deed description recorded in Book N/A , page N/A ,etc.)(other); that the boundaries not surveyed are clearly indicated as drawn from information found in Book N/A , page N/A ; that the ratio of precision or positional accuracy as calculated is 1: 20,000+; that this plat was prepared in accordance with G. S. 47-30 as amended. Witness my original signature, license number and seal this 14th day of November , A.D., 2022. Seal or Stamp \O�� "US/0 �/�9 Surveyor `SEAL q� = L-2776 l License Number L-2776 QZ I NARY o �Rh "kEVI EW ❑ This survey creates a subdivision of land within the area of a county or municipality that has an ordinance that regulates parcels; ❑ This survey is located in a portion of a county or municipality that is unregulated as to an ordinance that regulates parcels of land; This survey is of an existing parcel or parcels of land; ❑ This survey is of another category, such as the recombination of existing parcels, a court -ordered survey, or other exception to the definition of subdivision; I, John A. Edwards Jr., P.L.S. , do hereby certify that the location of the subject property has been checked against area maps & information provided by the Federal Emergency Management Agency (F.E.M.A.) for the National Flood Insurance Program and that the property ❑ is ® is not located in an area designated as having special flood hazards. Property is located in Zone "X" as defined by F.I.R.M Community Panel Number 3720170400K with an effective date of July 19, 2022. Name of Surveyor L-2776 License Number November 14, 2022 Date I NARY :-VIEW for the purposes of N.C.G.S. 130A-310.35 Michael E. Scott, Director Date Division of Waste Management State of North Carolina County of Wake I JOHN A. EDWARDS, CERTIFY THAT THIS MAP WAS DRAWN UNDER MY SUPERVISION FROM AN ACTUAL GPS SURVEY MADE UNDER MY SUPERVISION AND THE FOLLOWING INFORMATION WAS USED TO PERFORM THE SURVEY (1) CLASS OF SURVEY: CLASS A (2) POSITIONAL ACCURACY: H: 0.05 US SURVEY FEET (3) TYPE OF GPS/FIELD PROCEDURE: REAL TIME KINEMATICS NETWORK (VRS) (4) DATE OF SURVEY: 9-14-2021 (5) VERTICAL DATUM: NAVD 88 HORIZONAL DATUM: NAD 83(2011) NC GRID EPOCH: 2010.00 (6) PUBLISHED/FIXED CONTROL USE: NAME:RALEIGH DOT CORS ARP LAT:35° 45' 49.50795 LONG:78° 34' 44.39448 PID: DG4687 CORS ID: NCRD (7) GEOID MODEL: GEOID12B (8) COMBINED GRID FACTO R:0.99990429 (9) UNITS: US SURVEY FEET NCGS 130A-310.35(a) requires recordation of a Notice of Brownfields Property ("Notice") that identifies any restrictions on the current and future use of a Brownfields Property that are necessary or useful to maintain the level of protection appropriate for the designated current or future use of the property and that are designated in a Brownfields Agreement pertaining to the property. This survey plat constitutes one of three exhibits to the Notice pertaining to the Brownfields Property depicted on this plat and recorded at the Wake County Register of Deeds' office. The exhibits to the Notice are: the Brownfields Agreement for the subject property, which is attached as Exhibit A to the Notice; a reduced version of this survey plat, which is attached as Exhibit B to the Notice; and a legal description for the subject property, which is attached as Exhibit C to the Notice. The land use restrictions below have been excerpted verbatim from paragraph 12 of the Brownfields Agreement, and all paragraph letters/numbers are the same as those used in the Brownfields Agreement. The following Land Use Restrictions are hereby imposed on the Brownfields Property and shall remain in force in perpetuity unless canceled by the Secretary of the North Carolina Department of Environmental Quality (or its successor in function), or his/her designee, after the hazards have been eliminated, pursuant to NCGS § 130A-310.35(e): 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. Additionally, all land use restrictions contained in the deed notification entitled Notice of Residual Petroleum, 804 Semart Ave., Raleigh, Wake County, recorded by Jordan Price Wall Gray Jones & Carlton on the deed to the Brownfields Property on October 20, 2004 in Book 011065, Pages 00892-00896 at the Wake County Register of Deeds office, and as attached hereto as Exhibit 3, remain in force. All references to DEQ shall be understood to include any successor in function. Land Uses a. No use may be made of the Brownfields Property other than for high -density residential, office, retail, grocery, hotel, restaurant, recreation, health care facility, educational space, cocktail bar, drop -in childcare, parking, and subject to DEQ's prior written approval, other commercial uses. These land uses and their definitions below apply solely for purposes of this agreement, and do not waive any local zoning, rule, regulation, or permit requirements: i. "High -Density Residential" is 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, townhomes, duplexes, or other units with yards are prohibited. ii. "Office" is defined as a place where business or professional services are provided. iii. "Retail" is defined as the sale of goods or services, products, or merchandise directly to the consumer or businesses and includes showrooms, personal service, open air markets, festivals, food halls, and the sales of food and beverage products, including from mobile establishments such as food trucks. iv."Grocery" is defined as a retail store that offers non-perishable food packaged in bottles, boxes, and cans, perishable food such as baked goods, meats, deli products, and fresh produce, and which may sell non-food items, such as clothing and household items and provide pharmacy, financial, or other services. v. "Hotel" is defined as the provision of overnight lodging to paying customers, and associated food services, gym, reservation, cleaning, utilities, parking and on -site hospitality, management and reception services. vi. "Restaurant" is defined as a commercial business establishment that prepares and serves food and beverages, including alcoholic beverages under all applicable local, state, and federal regulations, to patrons. vii. "Recreation" is defined as indoor and outdoor exercise -related, physically focused, or leisure -related activities, whether active or passive, and the facilities for same, including, but not limited to, studios, swimming or wading pools, splash pads, clubhouses, sports -related courts and fields, open space, greenways, parks, playgrounds, walking paths, picnic and public gathering areas, campgrounds, boat docks, and marinas. viii. "Health Care Facility" is defined as a hospital, urgent care clinic, medical clinic (excluding veterinary), rehabilitation center, health maintenance organization (excluding a group home), which routinely provides for the diagnostics, care, treatment of, and testing for physical or psychological injury or illness, or disability, and/or for the short-term boarding of patients. ix. "Educational Space" is defined as interior space operated by a privately or publicly -owned institution, facility, or enterprise that provides education to pre-school, elementary, and older students, including session camps designed for school -age children. x. "Cocktail bar" is defined as a commercial business establishment that prepares and serves mixed alcoholic drinks and other beverages, and snacks under all applicable local state and federal regulations to patrons. Pp 9 A. "Drop -in Childcare" is defined as short-term care for children that is excluded from the definition of childcare in NCGS § 110-86(2), and is provided while parents participate in activities that are not employment -related and where the parents are on the premises or otherwise easily accessible, or is that provided by an employer for its art -time employees under the conditions specified in NCGS 110-86 2 d and 110-86 2 dl. PP § () § ( ) xii. "Parking" is defined as the temporary accommodation of motor vehicles in an area designed for same. xiii. "Commercial" is defined as an enterprise carried on for profit or nonprofit by the owner, lessee or licensee, with the exception of educational space and childcare facilities. Specific Prohibitions b. The Brownfields Property may not be used for dry cleaning operations using chlorinated solvents. Environmental Management Plan c. Physical redevelopment of the Brownfields Property may not occur other than in accordance, as determined by DEQ, with an Environmental Management Plan ("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 buildings, if applicable; ii. issues related to known or potential sources of contamination, including without limitation those resulting from contamination identified in paragraph 3 above; iii. contingency plans for addressing, including without limitation the testing of soil and groundwater, newly discovered potential sources of environmental contamination (e.g., LISTS, tanks, drums, septic drain fields, oil -water separators, soil contamination); and iv. plans for the proper characterization and DEQ approval of both fill soil before import to the Brownfields Property and the disposition of all soil excavated from the Brownfields Property during redevelopment. Redevelopment Summary Report d. 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). Demolition of Existing Structures e. 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. Underground Storage Tank Removal f. Not later than completion of redevelopment, the suspected underground storage tanks (LISTS) and their appurtenances identified above in paragraph 3, if present, shall be removed and addressed to the satisfaction of DEQ. g. 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.c. above, or a plan approved in writing in advance by DEQ. Soil h. No activity that disturbs soil on the Brownfields Property as delineated on the plat component of the Notice of Brownfields Property referenced below in paragraph 16, 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 inches; 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 to work conducted in accordance with a DEQ-approved Environmental Management Plan (EMP) as outlined in subparagraph 12.c. above. i. No use of the Brownfields Property may occur until the then owner of the Brownfields Property conducts representative final grade soil sampling, pursuant to a plan approved in writing by DEQ, of any area that is not covered by building foundations, sidewalks, or asphaltic or concrete parking areas and driveways. j. 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 in subparagraph 12.c. RECORDED IN BOOK OF MAPS 2022 PAGE 11/14/221 COMMENT REVISIONS ZCS 11/11/22 COMMENT REVISIONS ZCS 11/10/22 UPDATE LURS & TABLES ZCS 11/7/22 UPDATE LURS & TABLES ZCS DATE I REVISION BY Vapor Intrusion k. 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 the 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 the intrusion of subsurface vapors into 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 a professional engineer licensed in North Carolina, as evidenced by said engineer's professional seal, is satisfied that the design is fully protective of public health, 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 as -built diagrams, photographs, and a description of the installation, with said engineer's professional seal confirming that the engineer is satisfied that the system was installed per the DEQ approved design. If any deviations from the system design were necessary during installation, then the report shall include details on said deviations, as well as the engineer's seal certifying the VIMS, as installed, was installed in such a manner so as to be fully protective of public health. Property Access I. 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. Monitoring Wells m. Within 60 days after the effective date of this Agreement or prior to land disturbance activities, whichever occurs first, Prospective Developer shall abandon all monitoring wells, injection wells, recovery wells, piezometers and other manmade points of groundwater access at the Brownfields Property, in accordance with Subchapter 2C of Title 15A of the North Carolina Administrative Code, unless an alternate schedule is approved by DEQ. Within 30 days after doing so, the Prospective Developer shall provide DEQ a report, setting forth the procedures and results. n. Except for the work related to subparagraph 12.m. above, the owner of any portion of the Brownfields Property where any existing, or subsequently installed, DEQ-approved monitoring well is damaged by the owner, its contractors, or its tenants, the owner 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. Notification of Tenants o. 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 Wake 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 may use the following mechanisms to comply with the obligations of this paragraph: (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 (Notices 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. Separating Old from New Contamination None of the contaminants known to be resent in the environmental media at the Brownfields Property, as described in Exhibit 2 of this p P P Y� Agreement, and as modified b DE in writing if additional contaminants in excess of applicable standards are discovered at the Brownfields Property,ma 9 . Y Q 9 pp Y 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 constituents of products and materials customarily used and stored in high -density residential, office, retail, grocery, hotel, restaurant, recreation, health care facility, educational space, cocktail bar, drop -in childcare, parking, and subject to DEQ's prior written approval, other commercial uses, provided such products and materials are stored in original retail packaging and used and disposed of in accordance with applicable laws; iii. as constituents of fuels, lubricants and oils in emergency generators, machinery, equipment, and vehicles in on -board tanks integral to said equipment or in flammable liquid storage containers totaling no more than 25 gallons; or iv. in products or materials that are brought onto the Brownfields Property, kept in their original packaging or containers (that is, not used or repackaged) and later removed from the Brownfields Property in the original packaging or containers. Land Use Restriction Update q. 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 Wake County, certifying that, as of said January 1st, the Notice of Brownfields Property containing these land use restrictions remains recorded at the Wake County Register of Deeds office and that the land use restrictions are being complied with. If the property is transferred, the grantor shall submit a LURU (as outlined above) which covers the period of time they owned the property. The submitted LURU shall state the following: i. the Brownfields Property address, and the name, mailing address, telephone number, and contact person's e-mail address of the owner, or board, association or approved entity, submitting the LURU if said owner, or each of the owners on whose behalf a joint LURU is submitted, acquired any part of the Brownfields Property during the previous calendar year; ii. the transferee's name, mailing address, telephone number, and contact person's e-mail address, if said owner, or each of the owners on whose behalf a joint LURU is submitted, transferred any part of the Brownfields Property during the previous calendar year; iii. whether any vapor barrier and/or mitigation systems installed pursuant to subparagraph 12.k. above are performing as designed, and whether the uses of the ground floors, including any tenant renovations, of any buildings containing such vapor barrier and/or mitigation systems have changed, and, if so, how, and under which precautions so as not to interfere with the operation of said system. iv. A joint LURU may be submitted for multiple owners by a duly constituted board or association and shall include the Brownfields Property address, and the name, mailing address, telephone number, and contact person's e-mail address of the entity submitting the joint LURU as well as for each of the owners on whose behalf the joint LURU is submitted. v. 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 paragraphs 17 and 18 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. vi. 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 Brownfields property address, and the name, mailing address, telephone number, and e-mail address of each owner on whose behalf the LURU is proposed to be submitted. NInTFC- 1. ALL DISTANCES ARE HORIZONTAL GROUND. 2. ALL DIMENSIONS ARE IN FEET. 3. AREA COMPUTED USING COORDINATE METHOD FROM MEASURED FIELD DATA. 4. BASIS OF BEARINGS IS NORTH CAROLINA GRID NORTH, NAD83(2011). THE SITE WAS LOCALIZED UTILIZING REAL-TIME KINEMATIC (RTK) GLOBAL POSITIONING SYSTEM (GPS) SOLUTIONS REFERENCING THE CONTINUOUSLY OPERATING REFERENCE STATION (CORS) NETWORK BASE STATION NCRD, RALEIGH, INC. 5. THIS SURVEY WAS PREPARED WITHOUT THE BENEFIT OF A TITLE REPORT AND MAY BE SUBJECT TO ANY MATTERS THAT A FULL TITLE SEARCH WOULD DISCLOSE. 6. ALL REFERENCE ARE MADE TO WAKE COUNTY REGISTRY. 7. HORIZONTAL DATUM IS NAD 83(2011) AND VERTICAL DATUM IS NAVD 88. 7. MONITORING WELLS, SAMPLE LOCATIONS, AND BORE POINTS SHOWN WERE OBTAINED INFORMATION PROVIDED BY MID ATLANTIC ENGINEERING & ENVIRONMENTAL SOLUTIONS AND ECS SOUTHEAST, LLP. 8. THE SAMPLE LOCATIONS OR DESIGNATED CONTAMINATED AREA(S) AND TYPES OF CONTAMINATION DEPICTED HEREON ARE APPROXIMATIONS DERIVED FROM THE BEST AVAILABLE INFORMATION AT THE TIME OF FILING. A LISTING OF THE TECHNICAL REPORTS USED TO PREPARE THIS PLAT ARE AVAILABLE IN THE BROWNFIELDS AGREEMENT FOR THIS PLAT 9. SEE SHEET 2 FOR LEGEND AND SHEET 5 FOR TABLES WAKE COUNTY REGISTRY IHN A. EDWARDS & COMPANY Consulting Engineers NC License F-0289 333 Wade Ave., Raleigh, N.C. 27605 Phone: (919) 828-4428 Fax: (919) 828-4711 E-mail: info@jaeco.com SCALE: DATE: SEABOARD STATION BROWNFIELDS PROJECT #22075-18-092 SHEET NO SCALE 9-29-2022 PROSPECTIVE DEVELOPER SEABOARD STATION JOINT VENTURE LP CURRENT OWNERS FLD. BK. & PAGE DRAWN BY: SEABOARD STATION I LLC 721 HALIFAX ST. PIN 1704720443 SEABOARD STATION II LLC 802 SEMART DR. PIN 1704628864 CLP / ZCS SEABOARD STATION V LLC 10 W. FRANKLIN ST. PIN 1704627464 OF SEABOARD STATION IV LLC 605 HALIFAX ST. PIN 1704720130 FILE NO: CHECKED BY: RALEIGH WAKE COUNTY NORTH CAROLINA 5 JAE, JR. SURVEY PLAT -EXHIBIT B TO NOTICE OF BROWNFIELDS PROPERTY SITE DATA BLOCK A LOT 1 OWNER SEABOARD STATION IV LLC PIN 1704720130 ADDRESS 605 HALIFAX ST. RALEIGH NC, 27604 AREA 42,460 S.F. 0.9747 AC. REFERENCES DB 19190, PG 2625 BM 2022. PG 1548 BLOCK B LOT 1 OWNER SEABOARD STATION I LLC PIN 1704720443 ADDRESS 721 HALIFAX ST. RALEIGH NC, 27604 AREA 93,391 S.F. 2.1440AC. REFERENCES DB 17316, PG 1565 BM 2021, PG 540 BLOCK D LOT 3 OWNER SEABOARD STATION II LLC PIN 1704728864 ADDRESS 802 SEMART DR. RALEIGH NC, 27604 AREA 65,295 S.F. 1.4990 AC. REFERENCES DB 17316, PG 1580 BM 2021, PG 540 BLOCK C LOT 2 OWNER SEABOARD STATION V LLC PIN 1704627464 ADDRESS 10 W FRANKLIN ST. RALEIGH NC, 27604 AREA 101,733 S.F. 2.3354 AC. REFERENCES DB 19169, PG 592 BM 2022, PG 1672 SEE SHEETS 3 & 4 FOR DETAIL OF LOTS EMAG EX LEAD MAG PLUG EMAG I N/F I I I SEABOARD VENTURES L 1 III LLC DB 15694, PG 280 PIN:1704625109 EIP IN N/F I 44 WALKER LLC DB 15707, PG 1753 PIN:1704626175 TACK I--- -- I �I AG EMAG SEMART DRIVE (PRIVATE R/W) CSX TRANSPORTATION INC PIN 1704626650 73,400 S.F. (1.6850 AC.) BM 1990E PG 406 EMAG EMAG r� I ESG-3 CP EMAG ESG-4 # " * EMAG ESG-2 \ BLOCK C CP SSSG-3 ■ 2 EIP EIP SEABOARD V LLC BM 2022, PG 1671-1673 101,733 S.F. ESG-1 2.3354 AC. (SITE UNDER ESG-9 CONSTRUCTION) EIP SSSG-2 SSSG-1 SG-7 e I � ESG-6 ESG-8 N/F ESG-5 # # _ # STACA TE OF OL NORTH — — — BM 1990, PG 1277 SEABOARD ES* -7 tz PIN: 1704616478 STATION DRIVE (72' PUBLIC R/W) N N r CIDCP BM 2022, PG 1548 CID CP CP CP N y b CP SG 4 CP CP �— w a EMAG N C C 0 SG-11 �./ d ■ C N EMAG a N m 00 m GW-2 Q BLOCK B • CP OGW-1 SG-10 MW-7 A * SEABOARDILLC W SG-9 BLOCK A EIP • 93,391 S.F. * 2.1440 AC. (DBMBM 2021E PG 539-543 (SITE UNDER CONSTRUCTION) SEABOARD STATION IV LLC I 42,460 S.F. if 0.9747 AC. BM 2022, PG 1548 # (SITE UNDER EMAG � — CONSTRUCTION) P CP 5111, CP Fnnnr: EMAG NrlREET (EX. VARIABLE PUBLIC R/W) BM 2021, PGs 539-543 N/F PEACE COLLEGE OF RALEIGH INC. DB 2699, PG 395 PIN:1704724264 RECORDED IN BOOK OF MAPS 2022 PAGE EIP N/F 707 SEMART DRIVE PROPERTY LLC DB 18825, PG 1283 BM 1990, PG 406 PIN:1704625657 GW-2 GW-1 LEGEND N/F NOW OR FORMERLY BROWNFIELDS PROPERTY BOUNDARY LINE R/W RIGHT OF WAY — — RIGHT OF WAY LINE BM BOOK OF MAPS — — — — — — ADJOINING PROPERTY LINE EIP EXISTING IRON PIPE EASEMENT LINE PG PAGE DB DEED BOOK * EXTERIOR SOIL GAS SAMPLE LOCATION IPS IRON PIPE SET SUB -SLAB VAPOR SAMPLE LOCATION EMAG EXISTING MAGNETIC NAIL CP COMPUTED POINT ♦ GROUNDWATER SAMPLE LOCATION IPS IRON PIPE SET 0 COMBINED GROUNDWATER AND SOIL SAMPLE LOCATION SEMART DRIVE (PRIVATE R/W) CSX TRANSPORTATION INC PIN 1704626650 73,400 S.F. (1.6850 AC.) BM 1990, PG 406 BRASS CAP BRASS ❑ ❑ ❑ ❑ ❑ I CAP ❑ ❑ ❑ ❑ ❑ BRASS I I CAP BLOCK D O SEABOARD II LLC I I 65,295 S.F. 1.4990 AC. BM 2021, PG 539-543 I I II BRASS I I I I CAP EMAG ^P EMAG EM;G III- 13 ❑I 1 ❑ II I LOT 1 1GW-1 PEACE UNIVERSITY PROPERTIES 1:3 LLC DB 15478 PG 2730 o I BM 2009, PG 505 1 PIN: 1704638253 13 jILMAG EMAG N/F — EMAG RESEARCH TRIANGLE REGIONAL PUBLIC TRANSPORATATION DB 10224, PG 2666 ,,r i- — — — — — u _ NO PIN NUMBER SEABOARD STATION I EIP _ _ ---------_ III LLC BM 2005, PG 476 PIN:1704629796 I N/F EIP 9,502 SF(0.2181 AC. DUKE ENERGY PROGRESS INC EIPUNFEIP DB 1932, PG 497 — I DB 15289, PG 2439 EIP TATION PIN: 1704730092 "MORDECAI SUBSTATION" G 476 21729 I(115 AC.)I N/FLOT 6 ISEABOARD STATION III LLCBM 2005, PG 476 PIN: 1704721710I110,999ASC() .2525I I �TEIP EMAG I (EMAG I I EIP � I EMAG WAKE COUNTY REGISTRY GRAPHIC SCALE 60 0 30 60 120 ( IN FEET ) 1 inch = 60 ft. N 03' 04' 34" E 13.53'(TIE) I I z C kn C) AWE �(D I � II I i I BR Ic N81°44'39"W I19.72' I I I I I I GW-2 w w rn � N f W o Z1I S-15 GW-1 0 S-10 N ri N/F LOT 1 PEACE UNIVERSITY PROPERTIES LLC DB 15478, PG 2730 _ BM 2009, PG 505 PIN: 1704638253 STORMWATER EASEMENT DB 15478, PG 2742 S 87° 14' 54" E - 160.16GW-4 ❑ ❑ ❑ ❑ ❑ o ❑ ❑ ❑ ❑ 0 0 DRAINAGE PIPE ❑ MAINTENANCE AGREEMENT DB 1053, PG 42 - DB964, PG 611 ❑ _ Cn S p o 0 STORMWATER EASEMENT DB 15478, PG 2742 M 0 EX BUILDING N/F RESEARCH TRIANGLE I REGIONAL PUBLIC TRANSPORATATION DB 10224, PG 2666 NO PIN NUMBER b EMAG II � I ih o o � a ❑' o I S 87' 37' 35" E 1-22.06, EMAG I EMAG N 03' 06' 35" E BRASS 5.74CAP N 03' 06' 35" E 3.36'(TIE) GRAPHIC SCALE 30 0 15 30 60 F ( IN FEET ) 1 inch = 30 ft. Sul\ BLOCK D 0 SEABOARD II LLC 65,295 S.F. 1.4990 AC. BM 2021. PG 539-543 -185.94' - N 88- - POB W. FRANKLIN STREET EIP (EX. VARIABLE WIDTH PUBLIC R/W) N=742,678.93' BM 2021, PG 539 E=2,106,771.15' BM 2003, PG 1924 _ NAD 83(2011) BM 2007, PG 382 S83'32'18"E 24.68' BRASS CAP M M M O n C', N C co c- o i i EIP NZ� 00 cn�oN_D O A Z-'c"-� 0 G) D n O Z 7 EMA EIP C1� G C5 POB N=742,208.77' E=2,106, 928.59' NAD 83(2011) EMAG EMAG 9146' gN 7- SEABOARD EMAG (EX. VARIABLE WIDTH PUBLIC R/W) BM 2021, PG'S 539-543 BM 2022, PG'S 1671-1673 W. PEACE STREET (EX. VARIABLE WIDTH PUBLIC RNV) BM 1965, PG 69 BM 1990, 1277 BM 2022, PG 1548 CURVE TABLE CURVE LENGTH RADIUS DELTA CHORD CHORD BEARING TANGENT C1 31.68' 270.00' 006'43'18" 31.66' S82°52'09"E 15.86 C2 16.70' 216.50' 004°25'09" 16.69' S87°25'08"E 8.35 C3 3.99' 283.50' 000°48'23" 3.99' S89°13'31"E 1.99 C4 36.14' 270.00' 007°40'07" 36.11' N83°20'34"W 18.10 C5 38.71' 330.00' 006*43'18" 38.69' N82°52'09"W 19.38 C6 29.22' 26.65' 062°49'22" 27.78' N34°27'52"E 16.27 C7 72.14' 75.91' 054'27'10" 69.46' N38°45'45"E 39.06 C8 25.21' 20.00' 072°1TOT 23.57' N47°36'29"E 14.59 C9 31.46' 226.00' 007°58'32" 31.43' S61 °58'02"E 15.76 C10 8.26' 1 219.50' 002°09'18" 8.26' S77°08'05"W 4.13 RECORDED IN BOOK OF MAPS 2022 PAGE WAKE COUNTY REGISTRY JOHN A. EDWARDS & COMPANY Consulting Engineers NC License F-0289 333 Wade Ave., Raleigh, N.C. 27605 Phone: (919) 828-4428 Fax: (919) 828-4711 E-mail: info@jaeco.com SCALE: 1" = 30' 11/14/22 COMMENT REVISIONS ZCS FLD.BK. &PAGE 11/11/22 COMMENT REVISIONS ZCS 11/10/22 UPDATE LURS & TABLES ZCS FILE NO: 11/7/22 UPDATE LURS & TABLES ZCS DATE REVISION BY DATE: 9-29-2022 DRAWN BY: CLP/ZCS CHECKED BY: JAE, JR. N/F STATE OF NORTH CAROLINA BM 1990, PG 1277 PIN:1704616478 N N � � v N 0 31.89' � C4 N 87' 10' 37" IN EMAG EMAG N 86° 49' 34" W 7.68' S 02° 49' 23" W I 27.99' N 80° 15' 42" W 8.06' ;FOUNDATION EASEMENT 2022, PG 1548 GRAPHIC SCALE 30 0 15 30 60 ( IN FEET ) 1 inch = 30 ft. SEABOARD STATION BROWNFIELDS PROJECT #22075-18-092 PROSPECTIVE DEVELOPER SEABOARD STATION JOINT VENTURE LP CURRENT OWNERS SEABOARD STATION I LLC 721 HALIFAX ST. PIN 1704720443 SEABOARD STATION II LLC 802 SEMART DR. PIN 1704628864 SEABOARD STATION V LLC 10 W. FRANKLIN ST. PIN 1704627464 SEABOARD STATION IV LLC 605 HALIFAX ST. PIN 1704720130 RALEIGH WAKE COUNTY NORTH CAROLINA SURVEY PLAT -EXHIBIT B TO NOTICE OF BROWNFIELDS PROPERTY SHEET 3 OF 5 RECORDED IN BOOK OF MAPS 2022 PAGE WAKE COUNTY REGISTRY JOHN A. EDWARDS & COMPANY Consulting Engineers NC License F-0289 333 Wade Ave., Raleigh, N.C. 27605 Phone: (919) 828-4428 Fax: (919) 828-4711 E-mail: info@jaeco.com SCALE: 1" = 30' 11/14/22 COMMENT REVISIONS ZCS FLD.BK. &PAGE 11/11/22 COMMENT REVISIONS ZCS 11/10/22 UPDATE LURS & TABLES ZCS FILE NO: 11/7/22 UPDATE LURS & TABLES ZCS DATE REVISION BY DATE: SEABOARD STATION BROWNFIELDS PROJECT #22075-18-092 SHEET 9-29-2022 PROSPECTIVE DEVELOPER SEABOARD STATION JOINT VENTURE LP CURRENT OWNERS DRAWN BY: SEABOARD STATION I LLC 721 HALIFAX ST. PIN 1704720443 4 SEABOARD STATION II LLC 802 SEMART DR. PIN 1704628864 CLP / ZCS SEABOARD STATION V LLC 10 W. FRANKLIN ST. PIN 1704627464 OF SEABOARD STATION IV LLC 605 HALIFAX ST. PIN 1704720130 CHECKED BY: RALEIGH WAKE COUNTY NORTH CAROLINA 5 JAE, JR. SURVEY PLAT -EXHIBIT B TO NOTICE OF BROWNFIELDS PROPERTY )' 34" W I Exhibit 2 Brownfields Property Name: Seaboard Station Brortinfields Project Number: 22075-18-092 The following tables set forth. for contaminants present at the Brownfields Property above unrestricted use standards or screening levels as reported in the Environmental Reports in paimwWh 4 of the Brow-nfrelds Agreement to which this is an exhibit, the concentration found at each sample location, and die applicable standard or screening level. Screeching levels and standards are shown for reference only and are not set forth as cleanup or mitigation levels for purposes of this Agreement. GROUNDWATER Groundwater contaminants in micrograms per liter (the equivalent of pails per billion). the standards for which are contained in Title 15A of the North Carolina Administrative Code. Sube hapter 2L (2L). Rule .02021. or the 2L Groundwater Interim Maximum Allowable Concentrations (IMACS) (April 1. 2072 version): Groundwater Contaminant Scruple Location' Date of Sampling Concentration Exceeding Standard (m ) Standard (mg/L) Benzene 05/21/2004 l OW-2 8I 9 Methyl tert-butyl ether GW-1 09/8/2004 45.4 20 Petroleum Hydrocarbons, aliphatic&, C5-C8 GW-1 01/30/2004 521 400 Tetrachloroethene MW-7 09/18/2019 65 0., GW-1 09/8/2004 24.2 GW-1 02/05/2020 72.1 GW-2 9.7 GW-4/GW-DU.rP 3.5513.4 Trielhloroetlhene NIW-7 09/06/2016 9.95 3 GW-1 02/05/2020 8.3 x leues GW-1 05/21/2004 585 500 'Nate that there are two different sets of wells with the prefix '-GW" the first dates from 2004 and the second from 2020. GROUNDWATER VAPOR INTRUSION RISK Groundwater contaminants with potential for vapor intrusion (i'Ij in micrograms per liter (the equivalent of parts per billion). the vapor in husion screening levels for which are contained in the Division of Waste Managenent Vapor latntsion Guidance. Residential Vapor Litiusion Screening Levels (VISL) (July 2022 version): +1 Groundwater Contaminant with Concentration Residential Potential for Vapor Sample Location Date of Exceeding 'VI Screening Intrusion Sanhplithg Screening Level Level GLg/L.) (1rg1L) Benzene 05/21/2004 .525 1.6 GW-2 81.9 cis-1,2-Dichloroethe OW-1 02/05/2020 22.6 OW-2 3.0 NSE LieeGW-2 09/08/2004 2.9 Ethylbenzene 05/21/2004 350 3.5 GW-2 44 Petroleum Hydrocarbonn, GW-1 01130Y2004 521 1.7 aliphatics. C5-C8 MW-7 09/18/2019 65 Tetrachloroethene 12 GW-1 02/05/2020 72.1 Ow-1 09/08/2004 24.2 MW-7 09/0612016 9.95 Triclhloroetheue 1.0 OW-1 02/05/2020 8.3 OW-2 1.2 Xylene GIN-1 05/21/2004 856 77 1 t Screening levels displayed far non -carcinogens are far a hazard quotient equal to 0.2. Screening Ievels displayed for carcinogens are for a I.OE-6 lifetime incremental cancer risk. 'Note that there are two different sets of wells with the prefix "GVT'; the first dates from 2004 and the second from 2020. NSE-No screening level or regulatory standard established SOD. Soil contaminants in milligrams per kilogram (the equivalent of parts per million), the screening levels for which are derived from the I"relimiumy Residential Health- Based Soil Remediation Goals of the Inactive Hazardous Sites Branch of DEQ's Supeifund Section (July 2022 version): Concentration Residential Sail Sample Depth Date of Exceeding Screening Contaminant Location (ft) Sampling Screening Level' Level (uitig) (mglkg) 5-10 10 01/30/2004 0.0048 p-Isopropyltolitene NSE S-15 15 01/30/2004 0.87 2-methylnaplitlhalene S-10 10 01/3012004 4,890 48 Petroleum Hydrocarbons, S-15 15 01/300-004 163 20 Aliphatic&. C9-C 12 Petroleum S-10 10 01130f2004 742 Hydrocarbons. 24 Aliphatics. C9-C 18 S-15 15 01/3012004 83.9 Petsoleinn Hydrocarbons, S-15 15 01/30/2004 90.9 20 Aromatics, C9-C10 Petroleum S-10 10 01/30f2004 493 Hydrocarbons. 20 Aromatics, CI I-C22 5-15 15 0113012004 138 S-10 10 01/30/2004 2.45 Phenanthrene NSE S-15 15 01/30/2004 0.879 15creening levels displayed for non -carcinogens are for a hazard quotient equal to 0.2. Screening levels displayed forcarcinogem are for a 1.0E-6 lifetime incremental cancer risk. NSE-No screening level orregulatory standard established EXJERIOR SOIL GAS Exterior 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 (July 2022 version): Exterior Soil Gas Contaminant Sample Location Date of Sampling Concentration Exceeding Screening Level ( 'm?) Residential Screening Levell (11g:M3) Benzene 02:4:2020 12 SG-10 287 Chloroform ESG-1 06.14.2022 15 4.1 ESG-2 280 ESG-3 a_7 ESG-4 210 ESG-5 40 ESG-6 23 ESG-7 15 ESG-8 4.1 ESG_9 160 SG-7 09 28 2017 8.7 SG-10 02.04:2020 4.2 cis-1.2-DIchloroethene SG-10 0"04:2020 4.6 NSE Eth�lbenzene 5G-9 02 04 20210 297 37 SG-10 02 �04.�2020 86.4 4-Ethyltoluene ESG- 1 06 24 2022 3.0 NSE ESG-2 L9 ESG-3 1.8 E SG-4 0.73 J ESG-6 L0 ESG-8 1.8 SG-10 02-'04.'2020 7.9 Ethanol ESG-1 (� �t 06 14' 2022 43 N S r ESG-2 46 Ei'SG4 28 ESG-a 21 ESG-6 34 E,SG-7 43 ESG-8 50 Tetrachloroethene 02.04.2020 3,640 280 SG-10 777 Tricl>lloroethene SG-10 02.'04'2020 85.6 14 Trichlorofluoromethane ESG-1 06, 24 2022 77 NSE RECORDED IN BOOK OF MAPS 2022 PAGE --. JOHN A. EDW, �'O� oFESS/py ifi = Consult' "..." ANY 11/14/22 COMMENT REVISIONS ZCS NC Lic 1 �F�/ 11/11/22 COMMENT REVISIONS ZCS 333 Wade Ave. D F 11/10/22 UPDATE LURS & TABLES ZCS Phone: 1 SUR`� � 11/7/22 UPDATE LURS & TABLES ZCS Fax: (9 ,,,tutu,U11Y11Y„Itt1t`„\�S°'�����,,. DATE REVISION RY E-mail: iI Exterior Soil Gas Contaminant TRICHLOROFLUOROMETHANE Sample Location mate of Sampling Concentration Exceeding Screening Level m; Residential S creening Levell m' ESG-2 49 ESG-3 89 E SG-4 42 ESG-5 130 ESG-6 160 ESG-7 640 ESG-8 22 ESG-4 13 SG-4 09; 28' 2017 8.9 5 �V__lenes SG-9 0? '0+'70?0 2,065 700 'Screening levels displayed for non-carcmogens are for a hazard quotient equal to 0.2.. Scr"ins levels displayed forrarcinoeen3 are for a LOF<6lifegme incremmtal cancer fuL NSE -Nos eiiie level or regulatoov standard established 7- Estimated value between the melhz d dete:tiau limit and the laboratory reporting limit. SUB -SLAB VAPOR Sub -slab -vapor 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 (July 2022 version) - Sub -Slab Vapor Contaminant Sample Location Date of Sampling Concentration Exceeding Screening Level (pg.m') Residential Screening Levelr (�Lw&) Chloroform SSSG-3 DUP 06 24. 2022 5.4 '5.5 4.1 1,3 Dichlorobenzene SSSG-2 06: 24 2022 1.6 NSE Ethanol SSSG-1 06 24,2022 89 NSE SSSG-2 31 SSSG-3.DUP 17.19 Ethyl Acetate SSSG-1 06"24, 2022 16 NSE tic htlialene SG-11 02 `03 2020 �.8 1.8 Tetrachloroetn}�lene SSSG-2 06 24 2022 730 280 SG-11 DLrP 0103 2020 625 51S 280 Trichlorefiuoromethane SG -I I DUP 02:-03 202.0 24.8 28.6 _NSE SSSG-1 05I24, 2022 4.4 J SSSG-2 8.4 SSSG-3 DiTP 1 7.4 8.5 Screenuhe levels displayed ivr ion -carts- opens are for ahaaad quv6mt equal to 0.2. Sceerrvrg levels duplatied fcr carCtnoaens are for a 1. DE-6 incremental cancer risk N SE -Rio sceenicia lev-d ox reeulatery standard established WAKE COUNTY REGISTRY EXHIBIT C LEGAL DESCRIPTION Block A Lot 1 - Book of Maps 2022, Page 1548 Situated in the City of Raleigh, Wake County, North Carolina and more particularly described as follows: COMMENCING at an existing NCGS monument "Peasal", said monument having North Carolina grid coordinates ofN=742,092.77', E=2,106,854.77' NAD83(2011); thence from "Peasal" North 32' 28' 25" East for a distance of 137.50 feet to a point at the intersection of the new eastern right of way of Seaboard Station Drive and the new southern right of way of Seaboard Ave. being the northwest corner of lot 1 as shown in Book of Maps 2022, Page 1548, said point being the true point of BEGINNING and having North Carolina Coordinates of N=742,208.77' and E=2,106,928.59'; thence from the point of BEGINNING, along the new right of way Seaboard Ave. for 5 calls South 86' 13' 48" East for a distance of 21.04 feet to a point; thence along a curve to the right, having an arc length of 31.68 feet, a radius of 270.00 feet and a chord bearing of South 82' 52' 09" East for a distance of 31.66 feet to a point; thence South 79' 30' 30" East for a distance of 45.36 feet to a point ; thence South 86' 54' 29" East for a distance of 33.69 feet to an existing iron pipe; thence South 86' 54' 29" East for a distance of 95.92 feet to an existing magnetic nail on the western right of way of Halifax street; thence along said right of way South 02' 49' 23" West for a distance of 27.99 feet to a point; thence North 80' 15' 42" West for a distance of 8.06 feet to a point; thence South 02' 49' 23" West for a distance of 162.30 feet to a point on the northern right of way of West Peace Street; thence along said right of way North 86' 37' 56" West for a distance of 222.43 feet to a point on the new eastern right of way of Seaboard Station Drive; thence along said right of way North 03' 46' 12" East for a distance of 196.62 feet to a point, said point being the point and place of BEGINNING, and containing 42,460 S.F. or 0.9747 acres. Block B Lot 1 - Book of Maps 2021, Pages 539-543 Situated in the City of Raleigh, Wake County, North Carolina and more particularly described as follows: BEGINNING at a computed point on the northern right of way of Seaboard Ave., said point being the southwest corner of lot 1 as shown on Book of Maps 2021, pg 539, said point being the true point of beginning and having North Carolina grid coordinates of N=742,270.63' and E=2,106,902.25' NAD 83(2011); Thence from the point of beginning, leaving said right of way North 02' 27' 21" East for a distance of 52.02 feet to a point; Thence South 87' 32' 39" East for a distance of 2.50 feet to a point: thence North 02' 27' 21" East for a distance of 98.01 feet to a point; Thence North 87' 32' 39" West for a distance of 2.50 feet to a point; Thence North 02' 27' 21" East for a distance of 34.03 feet to a point; Thence South 87' 32' 39" East for a distance of 2.50 feet to a point; Thence North 02' 27' 21" East for a distance of 168.60 feet to a point on the new right of way of West Franklin Street; Thence along said right of way for 6 calls, South 88' 49' 19" East for a distance of 39.58 feet to a point; Thence along a curve to the left, having an arc length of 3.99 feet, a radius of 283.50 feet, and a chord bearing of South 89' 13' 3 1 " East for a Seaboard Station/22075-18-092/04Nov2022 distance of 3.99 feet to a point; Thence South 89' 37' 42" East for a distance of 156.14 feet to a point; Thence along a curve to the right through an arc length of 16.70 feet, a radius of 216.50 feet, and a chord bearing of South 87' 25' 08" East for a distance of 16.69 feet to a point; Thence South 87' 00' 35" East for a distance of 39.51 feet to a point on the new western right of way of Halifax Street; Thence along said right of way for 3 calls, South 02' 47' 12" West for a distance of 351.80 feet to a point; Thence North 86' 49' 34" West for a distance of 7.68 feet to a point; Thence South 02' 49' 23" West for a distance of 27.21 feet to a point on the new northern right of way of Seaboard Avenue; Thence along said right of way for 5 calls, North 87' 10' 37" West for a distance of 31.89 feet to a point; Thence along a curve to the right having an arc length of 36.14 feet, a radius of 270.00 feet, and a chord bearing of North 83' 20' 34" West for a distance of 36.11 feet to a point; Thence North 79' 30' 30" West for a distance of 91.46 feet to a point; Thence along a curve to the left having an arc length of 38.71 feet, a radius of 330.00 feet, and a chord bearing of North 82' 52' 09" West for a distance of 38.69 feet to a point; Thence North 86' 13' 48" West a distance of 51.39 feet to a point, said point being the point and place of BEGINNING, containing 93,931 S.F. or 2.1440 ac. Block C Lot 2 - Book of Maps 2022, Pages 1671-1673 Situated in the City of Raleigh, Wake County, North Carolina and more particularly described as follows: Beginning at a computed point on the northern right of way of Seaboard Ave., said point being the south east corner of lot 2 as shown on Book of Maps 2022, Page 1671, said point being the true point of beginning and having North Carolina grid coordinates of N=742,270.63' and E=2,106,902.25' NAD 83(2011); Thence from the point of beginning North 86' 13' 48" West for a distance of 6.33 feet to a computed point; Thence North 86' 54' 43" West for a distance of 309.51 feet to a computed point on the existing private right of way of Semart Drive; Thence with said private right of way for 6 calls, North 03 ° 04' 27" East for a distance of 162.51 feet to a computed point; Thence along a curve to the right having an arc length of 29.22 feet, a radius of 26.65 feet, and a chord bearing of North 34' 27' 52" East for a distance of 27.83 feet to a computed point; Thence along a curve to the left having an arc length of 72.14 feet, a radius of 75.91 feet, and a chord bearing of North 38' 45' 45" East for a distance of 69.46 feet to a computed point; Thence North 11 ° 32' 42" East for a distance of 95.20 feet to a computed point; Thence along a curve to the right having an arc length of 25.21 having a radius of 20.00 feet, and a chord bearing of North 47' 36' 29" East for a distance of 23.57 feet to a compted point; Thence, North 83' 58' 42" East for a distance of 44.17 feet to a computed point on the right of way of West Franklin Street; Thence with said right of way, along a curve to the left having an arc length of 31.46, a radius of 226.00 feet, and a chord bearing of South 61 ° 58' 02" East for a distance of 31.43 feet to a computed point on the right of way of West Franklin Street; Thence South 88' 49' 19" East for a distance of 156.96 feet to a computed point; Thence leaving said right of way, South 02' 27' 21" West a distance of 168.60 feet to a computed point; Thence North 87' 32' 39" West for a distance of 2.50 feet to a computed point; Thence South 02' 27' 21" West for a distance of 34.03 feet to a computed point; Thence South 87' 32' 39" East for a distance of 2.50 feet to a computed point; Thence South 02' 27' 21" West for a distance of 98.01 feet to a computed point; Thence North 87' 32' 39" West for a distance of 2.50 feet to a Seaboard Station/22075-18-092/04Nov2022 computed point; Thence South 02' 27' 21" West for a distance of 52.02 feet to a computed point , said point being the point and place of BEGINNING, containing 101,733 S.F. or 2.3354 ac. The above -described property and depicted hereon is the same property as described in Title Insurance Commitment No. 202240167CAO issued by Old Republic National Title Insurance Company with an effective date of July 11, 2022. Block D Lot 3 - Book of Maps 2022, Pages 539-543 Situated in the City of Raleigh, Wake County, North Carolina and more particularly described as follows: BEGINNING at a mag nail set at the intersection of the new northern right of way of W. Franklin St. and the eastern line of Semart Drive (private street right of way), said nail being the south west corner of lot 3 as shown on Book of Maps 2021, Page 541, said mag nail being the true point of beginning and having North Carolina grid coordinates of N=742,678.93' and E=2,106,771.15' NAD 83(2011); Thence from the point of beginning along the private right of way of Semart Drive for 5 calls, North 03' 06' 35" East for a distance of 5.74 feet to a brass cap; Thence, North 02' 5701" East for a distance of 194.41 feet to a brass cap; Thence, North 81 ° 44' 39" West for a distance of 19.72 feet to a brass cap; Thence, North 02' 55' 49" East for a distance of 116.82 feet to an existing mag nail; Thence, North 02' 40' 5 1 " East for a distance of 34.66 feet to an existing iron pipe; Thence, South 87' 14' 54" East for a distance of 160.16 feet to an existing mag nail; Thence, South 02' 55' 0 1 " West for a distance of 47.03 feet to an existing mag nail; Thence, South 87' 37' 35" East for a distance of 22.06 feet to an existing mag nail; Thence, South 00' 56' 15" East for a distance of 120.95 feet to a brass cap; Thence, South 83' 32' 18" East for a distance of 24.68 feet to an existing iron pipe; Thence, South 03' 25' 31" West for a distance of 177.03 feet to a mag nail set on the new northern right of way of W. Franklin St.; Thence along said right of way for 2 calls, following a curve to the left having a radius of 219.50 feet, arc length of 8.26 feet, chord bearing of South 77' 08' 05" West for a chord distance of 8.26 feet to a mag nail set; Thence, North 88' 49' 19" West a distance of 185.94 feet to a mag nail set, said mag nail being the point and place of BEGINNING, containing 65,295 S.F. or 1.4990 ac. Seaboard Station/22075-18-092/04Nov2022