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HomeMy WebLinkAbout24007_Wrights Executive Sales II_PC Package_20240429NOTICE OF INTENT TO REDEVELOP A BR WNFIELDS PROPERTY Brownfields Property Name: Wright's Executive Sales 11 Brownfields Project Number: 24007-20-032 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 May 4, 2024, and will end no sooner than the later of: 1) 30 and 21 days, respectively, after that; or 2) 30 and 21 days, respectively, after completion of the latest of the three (3) above -referenced tasks, if such completion occurs later than the date stated herein. All comments and meeting requests should be addressed as follows: Mr. Bruce Nicholson Brownfields Redevelopment Section Chief Division of Waste Management NC Department of Environmental Quality 1646 Mail Service Center Raleigh, North Carolina 27699-1646 Wright's Executive Sales II/24007-20-032/20240429 I SUMMARY OF NOTICE OF INTENT TO REDEVELOP A BROWNFIELDS PROPERTY Brownfields Property Name: Wright's Executive Sales II Brownfields Project Number: 24007-20-032 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, GeerHouse Partners, LLC, 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 721 & 723 Rigsbee Avenue and 620 & 616 Foster Street, Durham, Durham County. The Brownfields Property, which is the former site of Wright's Executive Sales, consists of approximately 2.37 acres. Environmental contamination exists on the Brownfields Property in soil, groundwater, exterior soil gas, and sub -slab vapor. GeerHouse Partners, LLC has committed itself to redevelop the Brownfields Property for no uses other than high -density rental residential, retail, restaurant, event space, recreational, open space, associated parking, and subject to DEQ's prior approval, other commercial uses_ The Notice of Intent to Redevelop a Brownfields Property includes: (1) a proposed Brownfields Agreement between DEQ and GeerHouse Partners, LLC, which in turn includes (a) a map showing the location of the Property, (b) a description of the contaminants involved and their concentrations in the media of the Property, (c) the above -stated description of the intended future use of the Brownfields Property, and (d) proposed investigation and remediation; and (2) a proposed Notice of Brownfields Property prepared in accordance with NCGS § 130A-310.35. The full Notice of Intent to Redevelop a Brownfields Property may be reviewed at Durham County Main Public Library, 300 N. Roxboro Street, Durham, NC 27701 by contacting Claudia Aleman at 919-560-0116 or caleman(&dconc.gov; or at the offices of the N.C. Brownfields Redevelopment Section, 217 West Jones Street, Raleigh, NC or by contacting Shirley Liggins at that address, at shirley.ligginsndeq.nc.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 24007-20-032 into the search bar at the following web address: https:Hedocs.deg.nc.gov/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 May 4, 2024, 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: Bruce Nicholson, Chief Brownfields Redevelopment Section Division of Waste Management NC Department of Environmental Quality 1646 Mail Service Center Raleigh, North Carolina 27699-1646 24007-20-032/Wright's Executive Sales 11/20240429 Property Owner: GeerHouse Partners 2, LLC and GeerHouse Owner, LLC Recorded in Book , Page Associated plat recorded in Plat Book , Page NOTICE OF BROWNFIELDS PROPERTY Brownfields Property Name: Wright's Executive Sales II Brownfields Project Number: 24007-20-032 This documentary component of a Notice of Brownfields Property ("Notice"), as well as the plat component, have been filed this day of , 20 by GeerHouse Partners, LLC ("Prospective Developer"). This Notice concerns contaminated property. A copy of this Notice certified by the North Carolina Department of Environmental Quality ("DEQ") is required to be filed in the Register of Deeds' Office in the county or counties in which the land is located, pursuant to North Carolina General Statutes ("NCGS"), § 130A-310.35(b). This Notice is required by NCGS § 130A-310.35(a), in order to reduce or eliminate the danger to public health or the environment posed by environmental contamination at a property (`Brownfields Property") being addressed under the Brownfields Property Reuse Act of 1997, NCGS § 130A, Article 9, Part 5 ("Act"). Pursuant to NCGS § 130A-310.35(b), the Prospective Developer must file a certified copy of this Notice within 15 days of Prospective Developer's receipt of DEQ's approval of the Notice or Prospective Developer's entry into the Brownfields Agreement required by the Act, whichever is later. The copy of the Notice certified by DEQ must be recorded in the grantor index under the names of the owners of the land and, if Prospective Developer is not the owner, also under the Prospective Developer's name. The Brownfields Property is located at 721 and 723 Rigsbee Avenue, 620 Foster Street (Durham County Parcel Identification Number (PIN) 0822-90-3182), and 616 Foster Street ((PIN 0821-99-2974) and is comprised of approximately 2.37 acres. Historical uses of the Brownfields Property included operations by Moss Bread Company, Wright's Executive Sales, Wright's Executive Sales 11/24007-20-032/20240429 and Uzzle Motor Co. Contaminant sources are past automotive dealership and automotive repair facility uses on the Brownfields Property, which included the storage and handling of petroleum hydrocarbons in hydraulic lifts, underground storage tanks, and above ground storage tanks. Environmental contamination is present on the Brownfields Property in soil, groundwater, exterior soil gas, and sub -slab vapor. The Brownfields Property is currently undergoing redevelopment activities associated with Phase II construction. The Prospective Developer intends to redevelop the Brownfields Property for no uses other than high -density rental residential, retail, restaurant, event space, recreational, open space, associated parking, and subject to DEQ's prior 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. 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 on the Brownfields Property: Wright's Executive Sales II/24007-20-032/20240429 K Land Uses a. No use may be made of the Brownfields Property other than for high -density rental residential, retail, restaurant, event space, recreational, open space, associated 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 Rental Residential is defined as for -rent -only permanent dwellings where residential units are attached to each other with common walls, such as 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. 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. iii. 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. iv. Event Space is defined as a location where private or public gatherings may be held, including family or company gatherings for social or business occasions, or other Wright's Executive Sales II/24007-20-032/20240429 3 entertainment -related gatherings such as charitable events, festivals, theater, musical or other shows, which may include an outdoor stage, and the preparation and serving of food and beverages, including alcoholic beverages, under all applicable local, state and federal regulations to guests. v. 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. vi. Open Space is defined as land maintained in a natural or landscaped state and for uses such as natural resource protection, riparian buffers, greenways, or detention facilities for stormwater. vii. Parking is defined as the temporary accommodation of motor vehicles in an area designed for same. viii. 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. c. The Motorco Music Hall building on the Brownfields Property may not be used for residential use without the prior written approval of DEQ. Wright's Executive Sales II/24007-20-032/20240429 0 Environmental Management Plan d. 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 before import to the Brownfields Property and the disposition of all soil excavated from the Brownfields Property during redevelopment. Redevelopment Summary Report e. 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 Wright's Executive Sales II/24007-20-032/20240429 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). Groundwater f. Groundwater at the Brownfields Property may not be used for any purpose without the prior written approval of DEQ along with any measures DEQ deems necessary to ensure that the Brownfields Property will be suitable for the uses specified in subparagraph 12.a above while fully protecting public health and the environment. Should groundwater be encountered or exposed during any activity on the Brownfields Property, it shall be managed in accordance with the DEQ-approved EMP outlined in subparagraph 12.d., or a plan approved in writing in advance by DEQ. Wright's Executive Sales II/24007-20-032/20240429 Soil m g. No activity that disturbs soil on the Brownfields Property may occur unless and until DEQ states in writing, in advance of the proposed activity, that said activity may occur if carried out along with any measures DEQ deems necessary to ensure the Brownfields Property will be suitable for the uses specified in subparagraph 12.a above while fully protecting public health and the environment, except: i. in connection with landscape planting to depths not exceeding 24 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.d. h. 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 of the Brownfields Property as delineated on the plat component of the Notice of Brownfields Property referenced in paragraph 16 of this Agreement. i. Soil may not be removed from, or brought onto, the Brownfields Property without prior sampling and analysis to DEQ's satisfaction and the written approval of DEQ, unless conducted in accordance with an approved EMP as outlined in paragraph 12.d. Vapor Intrusion Wright's Executive Sales II/24007-20-032/20240429 VA J. No enclosed building may be constructed on the Brownfields Property and no existing building, defined as those depicted on the plat component of the Notice of Brownfields Property referenced in paragraph 16 below, may be occupied until DEQ determines in writing that: i. the building is or would be protective of the building's users and public health from 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, or alternate standards approved in writing in advance by DEQ and that a professional engineer licensed in North Carolina, as evidenced by said engineer's professional seal, is satisfied that the system has been designed so as to be fully protective of public health within the meaning of NCGS § 130A-310.32 (a)(2), and shall include 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 Wright's Executive Sales II/24007-20-032/20240429 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 k. 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. Damage to Wells 1. 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. Notifications upon Transfer m. 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 Durham 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 Wright's Executive Sales II/24007-20-032/20240429 G� 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 n. None of the contaminants known to be present in the environmental media at the Brownfields Property, as described in Exhibit 2 of this Agreement, and as modified by DEQ in writing if additional contaminants in excess of applicable standards are discovered at the Brownfields Property, may be used or stored at the Brownfields Property without the prior written approval of DEQ, except: i. in de minimis quantities for cleaning and other routine housekeeping and maintenance activities; ii. as 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; Land Use Restriction Update o. 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 Durham County, certifying that, as of said January 1 st, the Notice of Brownfields Property containing these land use restrictions remains recorded at the Durham County Register of Deeds office and that the land Wright's Executive Sales II/24007-20-032/20240429 10 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.j. 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 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. For purposes of the land use restrictions set forth above, the DEQ point of contact shall be the DEQ Brownfields Property Management Branch referenced in subparagraph 31.a. of Exhibit A hereto, at the address stated therein. Wright's Executive Sales II/24007-20-032/20240429 11 ENFORCEMENT The above land use restrictions shall be enforceable without regard to lack of privity of estate or contract, lack of benefit to particular land, or lack of any property interest in particular land. The land use restrictions shall be enforced by any owner of the Brownfields Property. The land use restrictions may also be enforced by DEQ through the remedies provided in NCGS § 130A, Article 1, Part 2 or by means of a civil action; by any unit of local government having jurisdiction over any part of the Brownfields Property; and by any person eligible for liability protection under the Brownfields Property Reuse Act who will lose liability protection if the restrictions are violated. Any attempt to cancel any or all of this Notice without the approval of the Secretary of DEQ (or its successor in function), or his/her delegate, shall be subject to enforcement by DEQ to the full extent of the law. Failure by any party required or authorized to enforce any of the above restrictions shall in no event be deemed a waiver of the right to do so thereafter as to the same violation or as to one occurring prior or subsequent thereto. FUTURE SALES, LEASES, CONVEYANCES AND TRANSFERS When any portion of the Brownfields Property is sold, leased, conveyed or transferred, pursuant to NCGS § 130A-310.35(d) the deed or other instrument of transfer shall contain in the description section, in no smaller type than that used in the body of the deed or instrument, a statement that the Brownfields Property has been classified and, if appropriate, cleaned up as a Brownfields Property under the Brownfields Property Reuse Act. IN WITNESS WHEREOF, Prospective Developer has caused this instrument to be duly executed this day of , 20 LN NORTH CAROLINA COUNTY GeerHouse Partners, LLC John D. Gerber Manager 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: Wright's Executive Sales II/24007-20-032/20240429 Official Signature of Notary 12 (Official Seal) Notary's printed or typed name, Notary Public My commission expires: Wright's Executive Sales II/24007-20-032/20240429 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. GeerHouse Partners 2, LLC By: John D. Gerber Date NORTH CAROLINA COUNTY I certify that the following person(s) personally appeared before me this day, each acknowledging to me that he or she voluntarily signed the foregoing document for the purpose stated therein and in the capacity indicated: Date: Official Signature of Notary Notary's printed or typed name, Notary Public (Official Seal) My commission expires: Wright's Executive Sales II/24007-20-032/20240429 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. GeerHouse Owner, LLC By: John D. Gerber 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: Wright's Executive Sales II/24007-20-032/20240429 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 Bruce Nicholson, Chief Date Brownfields Redevelopment Section Division of Waste Management Wright's Executive Sales II/24007-20-032/20240429 16 EXHIBIT A NORTH CAROLINA DEPARTMENT OF ENVIRONMENTAL QUALITY IN THE MATTER OF: GeerHouse Partners, LLC UNDER THE AUTHORITY OF THE ) BROWNFIELDS AGREEMENT re: BROWNFIELDS PROPERTY REUSE ACT ) Wright's Executive Sales II OF 1997, NCGS § 130A-310.30, et sue. ) 721 & 723 Rigsbee Avenue Brownfields Project No. 24007-20-032 ) 616 & 620 Foster Street Durham, Durham County I. INTRODUCTION This Brownfields Agreement ("Agreement") is entered into by the North Carolina Department of Environmental Quality ("DEQ") and GeerHouse Partners, LLC (collectively the "Parties") pursuant to the Brownfields Property Reuse Act of 1997, NCGS § 130A-310.30, et seq. (the "Act") for the property located at 721 and 723 Rigsbee Avenue and 616 and 620 Foster Street (the `Brownfields Property"). A map showing the location of the Brownfields Property that is the subject of this Agreement is attached hereto as Exhibit 1. The Prospective Developer is GeerHouse Partners, LLC, a limited liability company, headquartered at 1055 Thomas Jefferson Street, NW Suite 210, Washington, DC 20007. Its manager is John D. Gerber, of the same address. The Parties agree to undertake all actions required by the terms and conditions of this Agreement. The purpose of this Agreement is to settle and resolve, subject to reservations and limitations contained in Section X (Certification), Section XI (DEQ's Covenant Not to Sue and Reservation of Rights) and Section XII (Prospective Developer's Covenant Not to Sue), the potential liability of GeerHouse Partners, LLC for contaminants at the Brownfields Property. Wright's Executive Sales II/24007-20-032/20240429 The Parties agree that GeerHouse Partners, LLC's entry into this Agreement, and the actions undertaken by GeerHouse Partners, LLC in accordance with the Agreement, do not constitute an admission of any liability by GeerHouse Partners, LLC for contaminants at the Brownfields Property. The resolution of this potential liability, in exchange for the benefit GeerHouse Partners, LLC shall provide to DEQ, is in the public interest. II. DEFINITIONS Unless otherwise expressly provided herein, terms used in this Agreement which are defined in the Act or elsewhere in NCGS § 130A, Article 9 shall have the meaning assigned to them in those statutory provisions, including any amendments thereto. 1. "Brownfields Property" shall mean the property which is the subject of this Agreement, and which is depicted in Exhibit 1 to the Agreement. 2. "Prospective Developer" shall mean GeerHouse Partners, LLC. III. BROWNFIELDS PROPERTY INFORMATION SUMMARY 3. Relevant information about the history, ownership, and uses of the Brownfields Property is provided in the following summary table. Refer to 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 721 and 723 Rigsbee Avenue, 620 Foster Street (Durham County Parcel Identification Number (PIN) 0822-90-3182) Parcel Address(es) & Parcel and 616 Foster Street ((PIN 0821-99-2974). These parcels IDS were formerly identified as PINS 0822-08-90-4036, 0821-08- 99-2971, 0822-20-41-6111, 0822-08-90-2088, and 0822-20- 90-4169. Acreage 2.37 acres 2 Wright's Executive Sales II/24007-20-032/20240429 BROWNFIELDS PROPERTY INFORMATION SUMMARY GeerHouse Partners 2, LLC as to Durham County Real Current Property Owner Estated ID (REID) 105120 and GeerHouse Owner, LLC as to REID 105118 as shown in Exhibit B. Current Land Uses Ongoing construction Site Vicinity Land Uses Commercial, retail, residential High -density rental residential, retail, restaurant, event space, Proposed Reuse(s) recreational, open space, associated parking, and subject to DEQ's prior approval, other commercial uses. Job creation, tax base increases, revitalization of blighted Public Benefits of Reuse areas, preserved historic places, and environmental cleanup activities Existing Land Use Restrictions Prior to None BrownEelds Agreement ENVIRONMENTAL INFORMATION SUMMARY Site formerly operated by Moss Bread Company, Wright's Executive Sales, and Uzzle Motor Co. Historical Operations & Contaminant Sources Contaminant sources are past automotive dealership and automotive repair facility uses on the Brownfields Property that included the use of hydraulic lifts, underground storage tanks USTs , and above ground storage tanks ASTs . Current Operations/Activities Redevelopment activities associated with Phase II Construction Soil: Arsenic, benzo(a)pyrene, cadmium, and chromium (VI) were detected at concentrations above their respective Residential Preliminary Soil Remediation Goals (PSRGs). Groundwater: Benzene, 1,2-dichloroethane, naphthalene, tert- butyl alcohol (TBA), and phenol were detected above their respective NC 2L Groundwater Standards or IMACs. Contaminated Media Benzene, 1,2-dichloroethane, naphthalene, and total xylenes were detected in groundwater above their respective groundwater Residential Vapor Intrusion Screening Levels (VISLs). Exterior Soil Gas: Benzene, 1,3-butadiene, and chloroform were detected above their respective soil gas Residential VISLs. Wright's Executive Sales II/24007-20-032/20240429 ENVIRONMENTAL INFORMATION SUMMARY Sub -Slab Vapor: Benzene, chloroform, ethylbenzene, 1,2,4- trimethylbenzene, 1,3,5-trimethylbenzene, and total xylenes were detected above their respective Residential VISLs within the footprint of the Phase I building and Motorco Music Hall building. ID Numbers/Permits NONCD0003107 Onsite Receptors Considered Construction workers, on -site workers, future residents, visitors, and trespassers. i. Water supply wells: No water supply wells are located in the vicinity of the Brownfields Property. ii. Residential structures, churches, or childcare centers: An Potential Offsite Receptors elementary school is located within 1,000 ft north and Considered upgradient to the Brownfields Property. Residences are located within 1,000 ft to the north and east, upgradient to the Brownfields Property. iii. Surface water: The nearest named surface water body is Ellerbe Creek, which is approximately 5,000 ft to the northeast of the Brownfields Property. Groundwater: Groundwater flow is to the north/northwest in the site vicinity. Potential offsite migration pathways Soil Vapor: The results of soil vapor testing on the Brownfields Property are not expected to impact offsite migration pathways. 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 Limited Phase II Environmental Site ECS Carolinas, LLP January 12, 2007 Assessment Wright's Executive Sales II/24007-20-032/20240429 Title Prepared by Date of Report Phase I Environmental Site Assessment Piedmont Geologic, November 18, 2008 Report P.C. Geotechnical Engineering Report ECS Southeast, LLP September 23, 2019 Phase I Environmental Site Assessment ECS Southeast, LLP December 6, 2019 Report of Environmental Assessment Revision ECS Southeast, LLP April 16, 2021 Number 2.0 Letter Report of Post -Excavation Sampling ECS Southeast, LLP June 30, 2023 Revision Number 1.0 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 January 30, 2020 and supplemental information on August 12, 2020, and the following: a. On December 31, 2019 the Prospective Developer purchased Durham County PINS 0822-08-90-4036 (721 Rigsbee Ave), 0822-20-41-6111 (no address), and 0822-20-90-4169 (723 Rigsbee Ave) and on November 6, 2020, the Prospective Developer purchased PINS 0821- 08-99-2971 (616 Foster St) and 0822-08-90-2088 (620 Foster St) of the Brownfields Property; b. In November and December 2021, Prospective Developer commenced demolition and grading activities, hydraulic lift and associated reservoir tank closures, and soil excavation and disposal performed in accordance with the DEQ-approved Environmental Management Plan (EMP) dated April 16, 2021, which is required by subparagraph 12.d. below. c. In January and March 2023, Prospective Developer commenced grading activities, soil removal and export, and building construction conducted in accordance with the 5 Wright's Executive Sales II/24007-20-032/20240429 DEQ-approved EMP dated June 7, 2022, which is required by subparagraph 12.d. below. d. In December 2022 and March 2023, Prospective Developer allowed access for a licensed environmental consultant to perform on behalf of the neighboring property owner, an entity affiliated with the Prospective Developer, the following: on -site soil excavation, off -site disposal of excavated impacted soil, and confirmatory soil testing associated with the migration of hydraulic oil onto the Brownfields Property stemming from the November 12, 2022 hydraulic oil release at the adjacent upgradient property located at 719 Rigsbee Avenue. 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 no Wright's Executive Sales II/24007-20-032/20240429 technical means to fully implement this Agreement and assure the safe use of the Brownfields Property; and e. Prospective Developer has complied with all applicable procedural requirements. 7. Prospective Developer has paid to DEQ the $2,000 fee to seek a brownfields agreement required by NCGS § 130A-310.39(a)(1), and shall make a payment to DEQ of $6,000 at the time Prospective Developer and DEQ enter into this Agreement, defined for this purpose as occurring no later than the last day of the public comment period related to this Agreement. The Parties agree that such fees will suffice 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 approximately 100 construction jobs, 10 permanent property operation jobs, and 50 additional permanent jobs with retail space uses; 7 Wright's Executive Sales II/24007-20-032/20240429 d. an increase in tax revenue for affected jurisdictions; e. additional high -density rental residential, retail, restaurant, event space, recreational, open space, associated parking, and subject to DEQ's prior approval, other commercial 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"). 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 Redevelopment Section 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 Redevelopment Section 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 & Wright's Executive Sales II/24007-20-032/20240429 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 Environmental Management Plan (EMP) as specified in subparagraph 12.d. below. VII. LAND USE RESTRICTIONS 12. By way of the Notice of Brownfields Property referenced below in paragraph 16, Prospective Developer shall impose the following land use restrictions under the Act, running with the land, to make the Brownfields Property suitable for the uses specified in this Agreement while fully protecting public health and the environment instead of remediation to unrestricted use standards. All references to DEQ shall be understood to include any successor in function. Land Uses a. No use may be made of the Brownfields Property other than for high -density rental residential, retail, restaurant, event space, recreational, open space, associated 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 Rental Residential is defined as for -rent -only permanent 0 Wright's Executive Sales II/24007-20-032/20240429 dwellings where residential units are attached to each other with common walls, such as 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. 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. iii. 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. iv. Event Space is defined as a location where private or public gatherings may be held, including family or company gatherings for social or business occasions, or other entertainment -related gatherings such as charitable events, festivals, theater, musical or other shows, which may include an outdoor stage, and the preparation and serving of food and beverages, including alcoholic beverages, under all applicable local, state and federal regulations to guests. v. Recreation is defined as indoor and outdoor exercise -related, physically focused, or leisure -related activities, whether active or passive, and the facilities for same, 10 Wright's Executive Sales II/24007-20-032/20240429 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. vi. Open Space is defined as land maintained in a natural or landscaped state and for uses such as natural resource protection, riparian buffers, greenways, or detention facilities for stormwater. vii. Parking is defined as the temporary accommodation of motor vehicles in an area designed for same. viii. 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. c. The Motorco Music Hall building on the Brownfields Property may not be used for residential use without the prior written approval of DEQ. Environmental Management Plan d. 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 11 Wright's Executive Sales II/24007-20-032/20240429 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 before import to the Brownfields Property and the disposition of all soil excavated from the Brownfields Property during redevelopment. Redevelopment Summary Report e. 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: 12 Wright's Executive Sales II/24007-20-032/20240429 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). Groundwater f. Groundwater at the Brownfields Property may not be used for any purpose without the prior written approval of DEQ along with any measures DEQ deems necessary to ensure that the Brownfields Property will be suitable for the uses specified in subparagraph 12.a above while fully protecting public health and the environment. Should groundwater be encountered or exposed during any activity on the Brownfields Property, it shall be managed in accordance with the DEQ-approved EMP outlined in subparagraph 12.d., or a plan approved in writing in advance by DEQ. Soil g. No activity that disturbs soil on the Brownfields Property may occur unless and 13 Wright's Executive Sales II/24007-20-032/20240429 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.d. h. 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 of the Brownfields Property as delineated on the plat component of the Notice of Brownfields Property referenced in paragraph 16 of this Agreement. i. Soil may not be removed from, or brought onto, the Brownfields Property without prior sampling and analysis to DEQ's satisfaction and the written approval of DEQ, unless conducted in accordance with an approved EMP as outlined in paragraph 12.d. 14 Wright's Executive Sales II/24007-20-032/20240429 Vapor Intrusion j. No enclosed building may be constructed on the Brownfields Property and no existing building, defined as those depicted on the plat component of the Notice of Brownfields Property referenced in paragraph 16 below, may be occupied until DEQ determines in writing that: i. the building is or would be protective of the building's users and public health from 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, or alternate standards approved in writing in advance by DEQ and that a professional engineer licensed in North Carolina, as evidenced by said engineer's professional seal, is satisfied that the system has been designed so as to be fully protective of public health within the meaning of NCGS § 130A-310.32 (a)(2), and shall include 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 15 Wright's Executive Sales II/24007-20-032/20240429 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 k. 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. Damage to Wells 1. 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. Notifications upon Transfer m. 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 Durham 16 Wright's Executive Sales II/24007-20-032/20240429 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 n. None of the contaminants known to be present in the environmental media at the Brownfields Property, as described in Exhibit 2 of this Agreement, and as modified by DEQ in writing if additional contaminants in excess of applicable standards are discovered at the Brownfields Property, may be used or stored at the Brownfields Property without the prior written approval of DEQ, except: i. in de minimis quantities for cleaning and other routine housekeeping and maintenance activities; ii. as 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; 17 Wright's Executive Sales II/24007-20-032/20240429 Land Use Restriction Update o. 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 Durham County, certifying that, as of said January 1 st, the Notice of Brownfields Property containing these land use restrictions remains recorded at the Durham 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.j. 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 M. Wright's Executive Sales II/24007-20-032/20240429 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 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. 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.k. 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 19 Wright's Executive Sales II/24007-20-032/20240429 applicable law. Such access is to occur after prior notice and using reasonable efforts to minimize interference with authorized uses of such other property except in response to emergencies and/or imminent threats to public health and the environment. While Prospective Developer owns the Brownfields Property, DEQ shall provide reasonable notice to Prospective Developer of the timing of any response actions to be undertaken by or under the oversight of DEQ at the Brownfields Property. Except as may be set forth in the Agreement, DEQ retains all of its authorities and rights, including enforcement authorities related thereto, under the Act and 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 Durham 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 20 Wright's Executive Sales II/24007-20-032/20240429 Agreement attached as Exhibit A to the Notice of Brownfields Property recorded in the Durham County land records, Book , Page ." A copy of any such instrument shall be sent to the persons listed in Section XVII (Notices and Submissions), though financial figures and other confidential information related to the conveyance may be redacted to the extent said redactions comply with the confidentiality and trade secret provisions of the North Carolina Public Records Law. Prospective Developer may use the following mechanisms to comply with the obligations of this paragraph: (i) If every lease and rider is identical in form, Prospective Developer may provide DEQ with copies of a form lease or rider evidencing compliance with 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 21 Wright's Executive Sales II/24007-20-032/20240429 the event the Prospective Developer becomes aware of any action or occurrence which causes or threatens a release of contaminants at or from the Brownfields Property, the Prospective Developer shall immediately take all appropriate action to prevent, abate, or minimize such release or threat of release, shall comply with any applicable notification requirements under NCGS § 130A-310.1 and 143-215.85, Section 103 of CERCLA, 42 USC § 9603, and/or any other law, and shall immediately notify the DEQ Official referenced in subparagraph 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 January 30, 2020 and the affidavit submitted on August 12, 2020, 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. DEQ'S COVENANT NOT TO SUE AND RESERVATION OF RIGHTS 21. Unless any of the following apply, Prospective Developer shall not be liable to DEQ, 22 Wright's Executive Sales II/24007-20-032/20240429 and DEQ covenants not to sue Prospective Developer, for remediation of the Brownfields Property except as specified in this Agreement: a. The Prospective Developer fails to comply with this Agreement. b. The activities conducted on the Brownfields Property by or under the control or direction of the Prospective Developer increase the risk of harm to public health or the environment, in which case Prospective Developer shall be liable for remediation of the areas of the Brownfields Property, remediation of which is required by this Agreement, to the extent necessary to eliminate such risk of harm to public health or the environment. c. A land use restriction set out in the Notice of Brownfields Property required under NCGS § 130A-310.35 is violated while the Prospective Developer owns the Brownfields Property, in which case the Prospective Developer shall be responsible for remediation of the 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 23 Wright's Executive Sales II/24007-20-032/20240429 new information indicates the existence of previously unreported areas of these contaminants, further remediation shall be required only if the areas of previously unreported contaminants raise the risk of the contamination to public health or the environment to a level less protective of public health and the environment than that required by this Agreement. f. The level of risk to public health or the environment from contaminants is unacceptable at or in the vicinity of the Brownfields Property due to changes in exposure conditions, including (i) a change in land use that increases the probability of exposure to contaminants at or in the vicinity of the Brownfields Property or (ii) the failure of remediation to mitigate risks to the extent required to make the Brownfields Property fully protective of public health and the environment as planned in this Agreement. g. DEQ obtains new information about a contaminant associated with the Brownfields Property or exposures at or around the Brownfields Property that raises the risk to public health or the environment associated with the Brownfields Property beyond an acceptable range and in a manner or to a degree not anticipated in this Agreement. h. The Prospective Developer fails to file a timely and proper Notice of Brownfields Property under NCGS § 130A-310.35. 22. Except as may be provided herein, DEQ reserves its rights against Prospective Developer as to liabilities beyond the scope of the Act. 23. This Agreement does not waive any applicable requirement to obtain a permit, license or certification, or to comply with any and all other applicable law, including the North Carolina Environmental Policy Act, NCGS § 113A-1, et seq. 24 Wright's Executive Sales II/24007-20-032/20240429 24. Consistent with NCGS § 130A-310.33, the liability protections provided herein, and any statutory limitations in paragraphs 21 through 23 above, apply to all of the persons listed in NCGS § 130A-310.33, including future owners of the Brownfields Property, to the same extent as Prospective Developer, so long as these persons are not otherwise potentially responsible parties or parents, subsidiaries, or affiliates of potentially responsible parties. XII. PROSPECTIVE DEVELOPER'S COVENANT NOT TO SUE 25. In consideration of DEQ's Covenant Not To Sue in Section XI of this Agreement and in recognition of the absolute State immunity provided in NCGS § 130A-310.37(b), the Prospective Developer hereby covenants not to sue and not to assert any claims or causes of action against DEQ, its authorized officers, employees, or representatives with respect to any action implementing the Act, including negotiating, entering, monitoring or enforcing this Agreement or the above -referenced Notice of Brownfields Property. 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 Parry 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 25 Wright's Executive Sales II/24007-20-032/20240429 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 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 26 Wright's Executive Sales II/24007-20-032/20240429 inspect said documents, Prospective Developer shall provide DEQ with a log of documents withheld from DEQ, including a specific description of the document(s) and the alleged legal basis upon which they are being withheld. To the extent DEQ retains any copies of such documents, Prospective Developer retains all rights it then may have to seek protection from disclosure of such documents as confidential business information. XVI. PAYMENT OF ENFORCEMENT COSTS 30. If the Prospective Developer fails to comply with the terms of this Agreement, including, but not limited to, the provisions of Section VI (Work to be Performed) and Section VII (Land Use Restrictions), it shall be liable for all litigation and other enforcement costs incurred by DEQ to enforce this Agreement or otherwise obtain compliance. XVII. NOTICES AND SUBMISSIONS 31. Unless otherwise required by DEQ or a Party notifies the other Party in writing of a change in contact information or delivery method, all notices and submissions pursuant to this Agreement shall be sent by prepaid first-class U.S. mail or courier service, as follows: a. for DEQ: Brownfields Property Management Branch (or successor in function) N.C. Division of Waste Management Brownfields Redevelopment Section Mail Service Center 1646 Raleigh, NC 27699-1646 b. for Prospective Developer: John D. Gerber GeerHouse Partners, LLC c/o Four Points, LLC 1055 Thomas Jefferson Street, NW 27 Wright's Executive Sales II/24007-20-032/20240429 Suite 210 Washington, DC 20007 Notices and submissions sent by prepaid first-class U.S. mail shall be effective on the third day following postmarking. Notices and submissions sent by hand or by other means affording written evidence of date of receipt shall be effective on such date. XVIII. EFFECTIVE DATE 32. This Agreement shall become effective on the date the Prospective Developer signs it, after receiving the signed, conditionally approved Agreement from DEQ. DEQ's approval of this Agreement is conditioned upon the complete and timely execution and filing of this Agreement in the manner set forth herein. Prospective Developer shall expeditiously sign the Agreement in order to effect the recordation of the full Notice of Brownfields Property within the statutory deadline set forth in NCGS § 130A-310.35(b). If the Agreement is not signed by Prospective Developer within 45 days after such receipt, DEQ has the right to revoke its approval and certification of this Agreement, and to invalidate its signature on this Agreement. XIX. TERMINATION OF CERTAIN PROVISIONS 33. If any Party believes that any or all of the obligations under Section VIII (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 Parry 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). Wright's Executive Sales II/24007-20-032/20240429 XX. CONTRIBUTION PROTECTION 34. With regard to claims for contribution against Prospective Developer in relation to the subject matter of this Agreement, Prospective Developer is entitled to protection from such claims to the extent provided by NCGS § 130A-310.37(a)(5)-(6). The subject matter of this Agreement is all remediation taken or to be taken and response costs incurred or to be incurred by DEQ or any other person in relation to the Brownfields Property. 35. The Prospective Developer agrees that, with respect to any suit or claim for contribution brought by it in relation to the subject matter of this Agreement, it will notify DEQ in writing no later than 60 days prior to the initiation of such suit or claim. 36. The Prospective Developer also agrees that, with respect to any suit or claim for contribution brought against it in relation to the subject matter of this Agreement, it will notify DEQ in writing within 10 days of receiving said suit or claim. XXI. PUBLIC COMMENT 37. This Agreement shall be subject to a public comment period of at least 30 days starting the day after the last of the following public notice tasks occurs: publication of the approved summary of the Notice of Intent to Redevelop a Brownfields Property required by NCGS § 130A-310.34 in a newspaper of general circulation serving the area in which the 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 29 Wright's Executive Sales II/24007-20-032/20240429 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: Bruce Nicholson Date Chief, Brownfields Redevelopment Section IT IS SO AGREED: GeerHouse Partners, LLC By: John D. Gerber Manager 30 Date Wright's Executive Sales II/24007-20-032/20240429 i 5-rt� Cft Lw APPROXIMATE BROWNFIELD PROPERTY BOUNDARY SOURCE: N FIGURE 1 USGS TOPOGRAPHIC MAP SITE TOPOGRAPHIC LOCATION MAP 7.5 MINUTE SERIES NORTHWEST DURHAM, NC (TOP) + Wright's Executive Sales SOUTHWEST DURHAM, NC (BOTTOM) Brownfields Project Number 24007-20-032 DATED: 2019 721 & 723 Rigsbee Ave; 620 & 616 Foster St. SCALE: 1 : 24,000 Durham, Durham County, North Carolina CONTOUR INVERVAL = 10' TM ECS Project Number: 49-10039-A Exhibit 2 Brownfields Property Name: Wright's Executive Sales II Brownfields Project Number: 24007-20-032 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 Sample Date of Concentration Standard Exceeding Contaminant Location Sampling (gg/L) Standard /L MW-1 11/13/2006 1,900 Benzene 1 MW-2 11/13/2006 1.15 1,2-Dichloroethane GW-5 11/16/2020 2.2 0.4 MW-1 11/13/2006 146 Naphthalene 6 MW-2 11/13/2006 14.2 Phenol MW-1 11/13/2006 258 30 Tert-Butyl Alcohol GW-6 11/16/2020 22 10 TBA p-Isopropyltoluene GW-6 11/16/2020 0.60 J NSE ( -C mene NSE — Screening level or regulatory standard not established. Wrights Executive Sales 11/24007-20-032/20240429 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) (February 2024 version): Groundwater Concentration Residential VI Contaminant with Sample Date of Exceeding Screening Potential for Vapor Location Sampling Screening Level' Intrusion Level (µg/L) (µg/L) Benzene MW-1 11/13/2006 1,900 1.6 1,2-Dichloroethane GW-5 11/16/2020 2.2 2.2 MW-1 11/13/2006 146 Naphthalene 4.6 MW-2 11/13/2006 14.2 Total X lens MW-1 11/13/2006 361 77 ' 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. Wrights Executive Sales 11/24007-20-032/20240429 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 February 2024 version): Soil Contaminant Sample Location Depth (ft) Date of Sampling Concentrati on Exceeding Screening Level (mg/kg) Residential Screening Level' (mg/kg) Arsenic SB1-5-10 10 ll/l/2006 4.21 0.68 S132-5-10 10 l l/l/2006 1.98 S133-5-10 10 l l/l/2006 1.33 SB-18 10 11/10/2006 1.68 SB-20 15 11/10/2006 2.85 SB-21 15 11/10/2006 1.11 SB-22 10 11/10/2006 1.95 SS-1/Du -6 0-5 11/2/2020 1.4/0.73 SS-2 0-5 10/28/2020 2.0 SS-3 0-5 10/27/2020 0.84 SS-4/Du -1 15-20 10/27/2020 0.94/1.1 SS-5 5-10 10/28/2020 0.91 SS-7 0-5 10/28/2020 1.0 SS-8 5-10 10/28/2020 1.4 SS-9 0-5 10/27/2020 1.3 SS-10 0-5 10/27/2020 1.6 PE-1/Du -l* 0.5 12/2/2022 3.08/2.45 PE-2* 0.5 12/2/2022 1.18 PE-3/PE- Du * 0.5 3/27/2023 3.25/4.63 PE-4* 0.5 3/27/2023 2.14 Benzo a rene SS-5 5-10 10/28/2020 0.20 J 0.11 Benzo ,h,i e lene SS-5 5-10 10/28/2020 0.12 J NSE Cadmium SB-19 10 11/10/2006 1.56 1.4 SB-20 15 11/10/2006 1.74 SB-22 10 11/10/2006 1.72 Chromium, Hexavalent SS-1 0-5 11/2/2020 0.41 0.31 SS-3 0-5 10/27/2020 0.48 SS-6 10-15 10/27/2020 0.35 J SS-7 0-5 10/28/2020 0.52 Wrights Executive Sales 11/24007-20-032/20240429 Soil Contaminant Sample Location Depth (ft) Date of Sampling Concentrati on Exceeding Screening Level (mg/kg) Residential Screening Level' (mg/kg) SS-8 5-10 10/28/2020 0.43 J SS-9 0-5 10/27/2020 0.40 J PE-1 /Du -1 * 0.5 12/2/2022 0.678/3.70 PE-2* 0.5 12/2/2022 1.22 P - Dup* Du 0.5 3/27/2023 0.462/0.746 PE-4* 0.5 3/27/2023 0.574 Phenanthrene SS-5 5-10 10/28/2020 0.27 NSE 4-Iso ro ltoluene CSB1-18 10 11/10/2006 0.0991 NSE TPH Gasoline Range Organics (GRO) SB6-5-6 10 11/01/2006 659 2 50 SB-10-10 10 11/01/2006 54 SB-14 10 11/10/2006 140 SB-18 10 11/10/2006 160 SB-23 15 11/10/2006 108 TPH Diesel Range Organics (DRO) SB1-5-10 10 11/01/2006 160 2 100 SB2-5-10 10 11/01/2006 749 SB4-5-10 10 11/01/2006 302 SB-10-10 10 11/01/2006 363 SB-14 10 11/10/2006 1610 SB-16 15 11/10/2006 314 SB-23 15 11/10/2006 122 Oil & Grease SB-1-5-10 10 11/01/2006 467 NSE SB2-5-10 10 11/01/2006 2010 SB3-5-10 10 11/01/2006 104 SB4-5-10 10 11/01/2006 1580 SB-22 10 11/10/2006 53.1 SB-23 15 11/10/2006 357 '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. z NC DEQ Underground Storage Tank Action Level *The PE -Series samples represent composite samples comprised of 5 sub samples. NSE — No screening level established J — Estimated concentration between the method detection limit and the laboratory reporting limit. Wrights Executive Sales 11/24007-20-032/20240429 4 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 (February 2024 version): Sub -Slab Vapor Contaminant Sample Location Date of Sampling Concentration Exceeding Screening Level /m3 Residential Screening Level' /m3 Benzene SG-9 10/29/2020 15 12 Chloroform SG-8 11/3/2020 13 4.1 Ethanol SG-6 10/29/2020 71 NSE SG-7 10/29/2020 60 SG-8 11/3/2020 67 J SG-9 10/29/2020 270 SG-10 10/28/2020 150 SG-11 10/28/2020 81 SG-12 10/28/2020 500 Eth lbenzene SG-8 11/3/2020 180 37 4-Eth ltoluene SG-10 10/28/2020 2.6 NSE 1,2,4-Trimeth lbenzene SG-8 11/3/2020 750 420 1,3,5-Trimeth lbenzene SG-8 11/3/2020 610 420 Trichlorofluoromethane SG-6 10/29/2020 1.6 J NSE SG-7 10/29/2020 1.4 J SG-10 10/28/2020 1.5 J SG-12 10/28/2020 1.5 J X lens, Total SG-8 11/3/2020 1,140 700 '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. Acetone was detected in every sub -slab sample collected; however, because acetone is a common analytical laboratory introduced compound, the Soil Gas Screening Level (SGSL) for acetone is no longer being published. The most recent Residential SGSL for acetone was 220,000 µg/m3 and none of the detected concentrations exceeded this limit. Therefore, acetone data is not summarized on this table, but remain available in the reports related to this property. NSE — Screening level or regulatory standard not established. J — Estimated concentration between the method detection limit and the laboratory reporting limit. Wrights Executive Sales 11/24007-20-032/20240429 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 2023 version): Exterior Soil Gas Contaminant Sample Location Date of Sampling Concentration Exceeding Screening Level /m3 Residential Screening Level' /m3 Benzene SG-1 10/28/2020 25 12 SG-2/Du-5 10/28/2020 12 1,3-Butadiene SG-1 10/28/2020 58 3.1 Chloroform SG-1 10/28/2020 13 4.1 SG-2/Du-5 10/28/2020 7.7/7.6 Ethanol SG-1 10/28/2020 62 NSE SG-2/Du-5 10/28/2020 64 J/69 J SG-3 11/2/2020 19 SG-4 11/2/2020 20 SG-5/Du-4 11/2/2020 18 Trichlorofluoromethane SG-3 11/2/2020 1.4 J NSE SG-4 11/2/2020 1.2 J SG-5/Du -4 11/2/2020 1.5 J '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. Acetone was detected in every sub -slab sample collected; however, because acetone is a common analytical laboratory introduced compound, the Soil Gas Screening Level (SGSL) for acetone is no longer being published. The most recent Residential SGSL for acetone was 220,000 µg/m3 and none of the detected concentrations exceeded this limit. Therefore, acetone data is not summarized on this table, but remain available in the reports related to this property. NSE — Screening level or regulatory standard not established. J — Estimated concentration between the method detection limit and the laboratory reporting limit. Wrights Executive Sales 11/24007-20-032/20240429 6 �o� W CO W. GEER ST. Q 2 0 SITE m p c0 g it W. CORPORATION ST. / MONMOUTH ST. 2 WEST TRINITY AVE. L V LC LIB I T Y M A P not to scale This document o4 all reproducible copies of this document are the property of Thomas & Hutton. Reproduction of thi document is not permitted without written consent of Thomas & Hutton unless this document become a matter of public record. ALTERATIONS TO THIS DOCUMENT ARE NOT PERMITTE . _Uo;;u_0Ocn TND CAPITAL MANAGEMENT LLC PIN 0822902346 REID 105019 DB 5307/697 PB 17/86 w w m z­1 0 N/F TND CAPITAL M � o z m N' "' o MANAGEMENT, LLC ,00 \OON;uUl PIN 0822902241 N U N ---i M \ 0 2 -1 REID 105116 N o0 0 DB 6530/17 o N) � > ZONING DD-S1 0 X DOWNTOWN TIER -0o�ou_Urn ao ao m z cfl �0�o-71 N 00 8�O \ CA O N (n J 01(0 F71 N N O 70 41 0 a' O Cn �-i �70 m m D Z m 70 Cn r n I � (z) a7_U0 W W M z D 00 �000 ��,ODCn Cn �NC7 1\�oD WJo� N co f CO r r 0 89°17'22" E 99.94' SG-7 OPE-4-A OPE-4-B PE- C Q°E-4-D o PE-4- PE-3- N O o; rn W S 89°24'00" W ........................................... - - In N 89°24'00" E rn N 80.16, O SS-8 GEERHOUSE OWNER LLC PIN 0822903182 REID 105118 DB 9510/96 PB 208/211 401 W GEER ST 415 W GEER ST 620 FOSTER ST SG-6 634 FOSTER ST 636 FOSTER ST 721 RIGSBEE AVE 723 RIGSBEE AVE LOT AREA: 83, 169.60 SF 00 1.9093 ACRES Z TND CAPITAL MANAGEMENT LLC PIN 0822903376 HUTCHINS PROPERTIES LLC REID 105020 PIN 0822105346 DB 5307/697 REID 105021 DB 5307/697 PB 17/86 WEST GEER STREET VARIABLE WIDTH PUBLIC R/W SB-6-5-6 N:820,263.77 E.•2, 029, 373.51 SB-14 0 MW-2 SB-16 N 89°21'19" E 171.50' .�. EX. PUBLIC SIDEWALK EASEMENT PB 208 PG 186 SG-8 SB-1-5-10 SB-2-5-10 SG-9 STATE OF NORTH CAROLINA COUNTY OF DURHAM I, REVIEW OFFICER OF DURHAM COUNTY, CERTIFY THAT THE MAP OR PLAT TO WHICH THIS CERTIFICATION IS AFFIXED MEETS ALL STATUTORY REQUIREMENTS FOR RECORDING. S 89°21'19" W w 171.55'`D„ SB-3-5-10 SB-4-5-10 -0 SB-10-10 ®SS-6/GW-6 ® SG-2 SB-22 SB-21 SB-20 -o SB-79 MW-1 SB-18/CSB1-1 ii Q0 N: 820, 265.70 E.•2, 029, 545.00 Q) LPE�3-B PE-3-C- . PE-3-E - - - - S 89°3739" E 221.14' N 88°4847" E 138.03' .r................................... .... ............................................................................................................................................................................... ..................PE-2-E........................................................................................................... - - - - - - - �.. - - - - o .............................. ...................... SS-2................................................................................. EX. PUBLIC 40' UTILITY .............. v D ...........0 EASEMENT-PB 205 PG 186.............. ... .. ... ........... ......................... ............... Ih PE-2=D .....PE-2-B............... .. . SS Sf�W 5 . ®. .... ... PE-2- C PE 1 E * PE=7- C.............................................................................................. PE- 1. .... ... ... ... ... .................................... PE-2-A Q� ...................................................................................................... _B ..... PE-1-A.. . 48'47' 138.9b a' S 89°3739 E 159.96 ............... N 88 E ........................ . S 89°37'39" E 61�'4 N o- SG-11 00 N I o Y S 88°4847" W 61.57' GEERHOUSE PARTNERS 2 LLC SG-12 PIN 0821992974 N REID 105120 DB 9510/96 SG-5 RIGSBEE AVENUE PARTNERS LLC I� PB 208/211 SG-4 SG-3 �" PIN 0821994956 00 LOT AREA: SS-3 �' REID 105123 LOT AREA DB 9710/528 Ca 20,085.99 SF `�' 16,020.92 SF 719 RIGSBEE AVE o, 0.4611 ACRES 0 o 0.3678 ACRES °' ADDRESS- 616 & 618 z r FOSTER ST W 0 0 z 40' LINE TABLE LINE BEARING LENGTH L1 84°54'44" W 5.27' L2 N 71 °35'39" W 15.07' L3 S 88°09'20" E 109.98' L4 S 64°28'37" E 12.38' L5 S 73' 16'21 " E 230.19' L6 N 73' 16'21 " W 240.53' L7 N 64°28'37" W 9.06' L8 N 88°09'20" W 108.38' L9 S 71°35'39" E 15.79' S 89°2447" W 160.08' N/F ELLEN C CASSILLY REAL EASTATE PIN 0821992776 REID 105119 DB 7786/70, PB 38/94 ZONING DD-S1 DOWNTOWN TIER 0 1 S 88°51'13" W 203.86' RIGSBEE AVENUE PARTNERS LLC PIN 0821994867 REVIEW OFFICER S 02°1320" E 9.98' J J l0 0 J I� z Q J J � J � r or) Iwrn� m o) \N C'NO co 00 00 Ln 0 O O N O z W 00 m rwo'oo i REID 105124 DB 9710/525 FOUR POINTS LLC PIN 0821993768 / Jeffrey P. Williams, certify that this map was drawn under my supervision from an actual CPS (or GNSS) survey made REID 226725 under my supervison, that any boundaries not surveyed are clearly indicated as drawn from references shown and/or drawn DB 9717/494 with a broken line and the following information was used to perform the survey: PB 32/154 Class of survey: A Positional accuracy: 0.007m Type of CPS (or GNSS) field procedure: OPUS Date(s) of survey: 110212024 Datum/Epoch: N4083(2011)/2010.0000 Published/fixed controh. REID DESIGNATION LATITUDE LONGITUDE DISTANCE(m) 000 0000000000 DK7576 NCNA NASHVILLE CORS ARP N355809.068 W0780111.341 78360.3 DK6525 NCSF SMITHFIELD CORS ARP N353349.609 W0782010.805 64914.4 ° N CiA,% 0oo 0 °°000000000p00 o AM7024 SNFD SANFORD CORS ARP N352824.677 W0790928.984 570975 o Q °°°°�OFESS/0� DM3527 NCRX ROXBORO CORS ARP N362328.056 W0785954.418 51213.I 0 = o Q l o DM3529 NCWR WARRENTON CORS ARP N362341.685 W0781013.749 82026.0 o SEAL IS DK5550 NCGO GOLDSBORO CORS ARP N352516.868 W0780330.575 94470.0 o LEGEND L 4204 DG5938 NCCA CARTHAGE CORS ARP N352030.048 W0792305.085 80073.4 0 ` o 0 DF9213 NCBU BURLINGTON CORS ARP N360529.586 W0792612. 176 52337.9 0ol9,ji �OQ °000 Existing Iron Bar (1/2" unless noted otherwise) • DL4001 LS06 LOYOLA LS06 CORS ARP N363647534 W0781733.786 91993.3 0 �` °00°V suRNlz Existing Iron Pipe (3/4" unless noted otherwise) 0 Geoid modek GEOID12B oo °p0000000° �\0, 1 2" P' S Combined rid factor 0 99993342 °o� P NOTES / Iron pe et O /PS 9 000000000000 Units: US Survey Feet at ground 1) THIS SURVEY PERFORMED WITHOUT THE BENEFIT OF A TITLE REPORT- THEREFORE THERE MAY EXIST Existing PK Nail • PK ENCUMBRANCES TO TITLE OF THE SUBJECT PROPERTIES NOT ADDRESSED BY THIS SURVEY. PK Nail Set • PKS That this plot was prepared in accordance with G.S. 47-30 as amended. 2) THIS SITE IS IN FLOOD ZONE X (MINIMAL FLOOD RISK) PER FEMA PANEL 5720082200K & 3720082100L, Concrete Monument IN That this plat meets the requirement of G.S. 47-30 section F-11-d, that the survey is of another category, such as the DATED 1011912018. Brownfields Property recombination of existing parcels, a court ordered survey, or other exemption or exception to the definition of subdivision. 3) UTILITIES SHOWN AS MARKED BY THEIR RESPECTIVE AGENTS AND PUBLIC RECORD DOCUMENTS. 4) NO HORIZONTAL CONTROL MONUMENT FOUND WITHIN 2000'. Exterior Soil Gas Sample SG 5) THE AREAS AND TYPES OF CONTAMINATION DEPICTED HEREON ARE APPROXIMATIONS DERIVED Soil & Groundwater Sample SS/GW (0 Witness my original signature and seal this the 22nd day of April, 2024. FROM THE BEST AVAILABLE INFORMATION AT THE TIME OF FILING. Soil Sample SS,SB,B A LISTING OF THE TECHNICAL REPORTS USED TO PREPARE THIS PLAT ARE AVAILABLE IN THE Sub Slab Soil Gas Sample SG BROWNFIELDS AGREEMENT FOR THIS PROPERTY. Composite Soil Sample PE O Groundwater Sample MW 0 Mr.T H O M AS CA�r� `\����'� .. • • • RQ�' z- F-* THOMAS y'';i EXHIBIT B to the Notice of Brownfields Property -SURVEY PLAT Brownfields Project Name: Wright's Executive Sales II Owner: GeerHouse Owner LLC & GeerHouse Partners 2 LLC 30 0 30 60 & _ & HUTTON _ H U T T O N = ENGINEERING : _ c CO. : Z ; No. F-0871 ' . 1 1 1 West Main Street �''. `�r''° o�\.``� Durham, NC 27701 • 919.682.0368 'e OF A0� `���` Prospective Developer: GeerHouse Partners, LLC Brownfields Project #24007-20-032 DURHAM TOWNSHIP; DURHAM COUNTY, NORTH CAROLINA ADDRESS:401 & 415 W GEER ST, 620, 634 & 636 FOSTER ST 721 & 723 RIGSBEE AVE PIN 0822903182 616 & 618 Foster St PIN 0821992974 plat drawn 04/22/24 JPW 1 INCH = 30 FEET reviewed field crew JPW 01/02/24 DL/BP www.thomasandhutton.com Survey For: Geerhouse Partners LLC 1055 THOMAS JEFFERSON NW STE 210 WASHINGTON, DC 20007 job 91616.CJT0 SHEET 1 OF 3 No.1 Revision By Date ________ FOR THE PURPOSES OF §NCGS 130A-310.35 BRUCE NICHOLSON, CHIEF DATE BROWNFIELDS REDEVELOPMENT SECTION DIVISION OF WASTE MANAGEMENT STATE OF NORTH CAROLINA WAKE COUNTY LAND USE RESTRICTIONS NCGS 13OA-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 Durham 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 § 13OA-310.35(e): Land Uses a. No use may be made of the Brownfields Property other than for high —density rental residential, retail, restaurant, event space, recreational, open space, associated parking, and subject to DEC'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 Rental Residential is defined as for —rent —only permanent dwellings where residential units are attached to each other with common walls, such as 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. 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. iii. 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. iv. Event Space is defined as a location where private or public gatherings may be held, including family or company gatherings for social or business occasions, or other entertainment —related gatherings such as charitable events, festivals, theater, musical or other shows, which may include an outdoor stage, and the preparation and serving of food and beverages, including alcoholic beverages, under all applicable local, state and federal regulations to guests. v. Recreation is defined as indoor and outdoor exercise —related, physically focused, or leisure —related activities, whether active or passive, and the facilities for some, 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. vi. Open Space is defined as land maintained in a natural or landscaped state and for uses such as natural resource protection, riparian buffers, greenways, or detention facilities for stormwater. vii. Parking is defined as the temporary accommodation of motor vehicles in an area designed for some. viii. 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. c. The Motorco Music Hall building on the Brownfields Property may not be used for residential use without the prior written approval of DEQ. Environmental Management Plan d. Physical redevelopment of the Brownfields Property may not occur other than in accordance, as determined by DEC, 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 before import to the Brownfields Property and the disposition of all soil excavated from the Brownfields Property during redevelopment. Redevelopment Summary Report e. 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). Groundwater f. Groundwater at the Brownfields Property may not be used for any purpose without the prior written approval of DEQ along with any measures DEQ deems necessary to ensure that the Brownfields Property will be suitable for the uses specified in subparagraph 12.a above while fully protecting public health and the environment. Should groundwater be encountered or exposed during any activity on the Brownfields Property, it shall be managed in accordance with the DEQ—approved EMP outlined in subparagraph 12.d., or a plan approved in writing in advance by DEQ. Soil g. No activity that disturbs soil on the Brownfields Property may occur unless and until DEQ states in writing, in advance of the proposed activity, that said activity may occur if carried out along with any measures DEQ deems necessary to ensure the Brownfields Property will be suitable for the uses specified in subparagraph 12.o 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.d. h. 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 of the Brownfields Property as delineated on the plat component of the Notice of Brownfields Property referenced in paragraph 16 of this Agreement. i. Soil may not be removed from, or brought onto, the Brownfields Property without prior sampling and analysis to DEC's satisfaction and the written approval of DEQ, unless conducted in accordance with an approved EMP as outlined in paragraph 12.d. `�tttU IIII1��� ® C e AROB T iii M 1i ®� �o°°• •' . & — _ THOMAS & H UTTO N rl ®T T _ :ENGINEERING 1 ; nCO. z; No. F-0871 1 1 1 West Main Street OF A01 Durham, NC 27701 • 919.682.0368 ►111111t11``\ www.thomasandhutton.com Vapor Intrusion j. No enclosed building may be constructed on the Brownfields Property and no existing building, defined as those depicted on the plat component of the Notice of Brownfields Property referenced in paragraph 16 below, may be occupied until DEQ determines in writing that: I. the building is or would be protective of the building's users and public health from 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, or alternate standards approved in writing in advance by DEQ and that a professional engineer licensed in North Carolina, as evidenced by said engineer's professional seal, is satisfied that the system has been designed so as to be fully protective of public health within the meaning of NCGS § 130A-310.32 (a)(2), and shall include 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 k. 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. Damage to Wells I. 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. Notifications upon Transfer m.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 Durham 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 n. None of the contaminants known to be present in the environmental media at the Brownfields Property, as described in Exhibit 2 of this Agreement, and as modified by DEQ in writing if additional contaminants in excess of applicable standards are discovered at the Brownfields Property, may be used or stored at the Brownfields Property without the prior written approval of DEQ, except: i. in de minimis quantities for cleaning and other routine housekeeping and maintenance activities; ii. as 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; Land Use Restriction Update o. 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 Durham County, certifying that, as of said January 1st, the Notice of Brownfields Property containing these land use restrictions remains recorded at the Durham 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.j. 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 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. EXHIBIT B to the Notice of Brownfields Property —SURVEY PLAT Brownfields Project Name: Wright's Executive Sales II Owner: GeerHouse Owner LLC & GeerHouse Partners 2 LLC Prospective Developer GeerHouse Partners, LLC Brownfields Project #24007-20-032 DURHAM TOWNSHIP; DURHAM COUNTY, NORTH CAROLINA ADDRESS:401 & 415 W GEER ST, 620, 634 & 636 FOSTER ST 721 & 723 RIGSBEE AVE PIN 0822903182 616 & 618 Foster St PIN 0821992974 Survey For: Geerhouse Partners LLC 1055 THOMAS JEFFERSON NW STE 210 WASHINGTON, DC 20007 30 0 30 60 1 INCH = 30 FEET plat drawn reviewed field crew 04/10/24 JPW JPW 01/02/24 DL/BP job 91616.CJT0 SHEET 2 OF Exhibit 2 Brownfields Property Name: Wright's Executive Sales II Brownfields Project Number: 24007-20-032 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 Sample Date of Concentration Standard Exceeding Contaminant Location Sampling (-cg/L) Standard oc /L MW-1 11/13/2006 1,900 Benzene 1 MW-2 11/13/2006 1.15 1,2-Dichloroethane GW-5 11/16/2020 2.2 0.4 MW-1 11/13/2006 146 Naphthalene 6 MW-2 11/13/2006 14.2 Phenol MW-1 11/13/2006 258 30 Tert-Butyl Alcohol GW-6 11/16/2020 22 10 (TBA) p-Isopropyltoluene GW-6 11/16/2020 0.60 J NSE -C ene NSE - Screening level or regulatory standard not established. 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) (February 2024 version): Groundwater Concentration Residential VI Contaminant with Sample Date of Exceeding Screening Potential for Vapor Location Sampling Screening Level Intrusion Level (cg/L) (ocg/L,) Benzene MW-1 11/13/2006 1,900 1.6 1,2-Dichloroethane GW-5 11/16/2020 2.2 2.2 MW-1 11/13/2006 146 Naphthalene 4.6 MW-2 11/13/2006 14.2 Total X lenes MW-1 11/13/2006 361 77 ' 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. THOMAS U. ® s a 1 '®�T�TON „CARo �. THOMAS & HUTTON ENGINEERING �'• CO. z No. F-0871 1 1 1 West Main Street �TF OF A jN\d,- Durham, NC 27701 919.682.0368 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 February 2024 version): Soil Contaminant Sample Location Depth (ft) Date of Sampling Concentrati on Exceeding Screening Level (mg/kg) Residential Screening Level' (mg/kg) Arsenic S131-5-10 10 ll/l/2006 4.21 0.68 S132-5-10 10 11 / 1 /2006 1.98 S133-5-10 10 l l/l/2006 1.33 SB-18 10 11/10/2006 1.68 SB-20 15 11/10/2006 2.85 S B-21 15 11/10/2006 1.11 SB-22 10 11/10/2006 1.95 SS-1/Du-6 0-5 11/2/2020 1.4/0.73 SS-2 0-5 10/28/2020 2.0 SS-3 0-5 10/27/2020 0.84 SS-4/Du -1 15-20 10/27/2020 0.94/1.1 SS-5 5-10 10/28/2020 0.91 SS-7 0-5 10/28/2020 1.0 SS-8 5-10 10/28/2020 1.4 SS-9 0-5 10/27/2020 1.3 SS-10 0-5 10/27/2020 1.6 PE-1/Du -l* 0.5 12/2/2022 3.08/2.45 PE-2* 0.5 12/2/2022 1.18 PE-3/PE- Du * 0.5 3/27/2023 3.25/4.63 PE-4* 0.5 3/27/2023 2.14 Benzo a rene SS-5 5-10 10/28/2020 0.20 J 0.11 Benzo ,h,i e lene SS-5 5-10 10/28/2020 0.12 J NSE Cadmium S B-19 10 11/10/2006 1.56 1.4 SB-20 15 11/10/2006 1.74 SB-22 10 11/10/2006 1.72 Chromium, Hexavalent SS-1 0-5 11/2/2020 0.41 0.31 SS-3 0-5 10/27/2020 0.48 SS-6 10-15 10/27/2020 0.35 J SS-7 0-5 10/28/2020 0.52 SS-8 5-10 10/28/2020 0.43 J SS-9 0-5 10/27/2020 0.40 J PE-1/Du -1* 0.5 12/2/2022 0.678/3.70 PE-2* 0.5 12/2/2022 1.22 PE-3/PE- Du * 0.5 3/27/2023 0.462/0.746 PE-4* 0.5 3/27/2023 0.574 Phenanthrene SS-5 5-10 10/28/2020 0.27 NSE 4-Iso ro ltoluene CSB1-18 10 11/10/2006 0.0991 NSE TPH Gasoline Range Organics (GRO) S136-5-6 10 11/01/2006 659 2 50 SB-10-10 10 11/01/2006 54 SB-14 10 11/10/2006 140 SB-18 10 11/10/2006 160 SB-23 15 11/10/2006 108 TPH Diesel Range Organics (DRO) SB 1-5-10 10 11/01/2006 160 100 2 S132-5-10 10 11/01/2006 749 S134-5-10 10 11/01/2006 302 SB-10-10 10 11/01/2006 363 SB-14 10 11/10/2006 1610 SB-16 15 11/10/2006 314 S B-23 15 11/10/2006 122 Oil & Grease SB-1-5-10 10 11/01/2006 467 NSE S132-5-10 10 11/01/2006 2010 S133-5-10 10 11/01/2006 104 S134-5-10 10 11/01/2006 1580 SB-22 10 11/10/2006 53.1 SB-23 15 1 11/10/2006 357 'Screening levels displayed for non -carcinogens are for a hazard quotient equal to 0.2. Screening levels displayed for carcinogens are for a 1.0E-6 lifetime incremental cancer risk. 2 NC DEQ Underground Storage Tank Action Level *The PE -Series samples represent composite samples comprised of 5 sub samples. NSE - No screening level established J - Estimated concentration between the method detection limit and the laboratory reporting limit. EXHIBIT B to the Notice of Brownfields Property -SURVEY PLAT Brownfields Project Name: Wright's Executive Sales II Owner: GeerHouse Owner LLC & GeerHouse Partners 2 LLC Prospective Developer GeerHouse Partners, LLC Brownfields Project #24007-20-032 DURHAM TOWNSHIP; DURHAM COUNTY, NORTH CAROLINA ADDRESS:401 & 415 W GEER ST, 620, 634 & 636 FOSTER ST 721 & 723 RIGSBEE AVE PIN 0822903182 616 & 618 Foster St PIN 0821992974 Survey For: Geerhouse Partners LLC 1055 THOMAS JEFFERSON NW STE 210 WASHINGTON, DC 20007 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 (February 2024 version): Sub -Slab Vapor Contaminant Sample Location Date of Sampling Concentration Exceeding Screening Level oc m3 Residential Screening Level' oc /m3 Benzene SG-9 10/29/2020 15 12 Chloroform SG-8 11/3/2020 13 4.1 Ethanol SG-6 10/29/2020 71 NSE SG-7 10/29/2020 60 SG-8 11/3/2020 67 J SG-9 10/29/2020 270 SG-10 10/28/2020 150 SG-11 10/28/2020 81 SG-12 10/28/2020 500 Eth lbenzene SG-8 11/3/2020 180 37 4-Eth ltoluene SG-10 10/28/2020 2.6 NSE 1,2,4-Trimeth lbenzene SG-8 11/3/2020 750 420 1,3,5-Trimeth lbenzene SG-8 11/3/2020 610 420 Trichlorofluoromethane SG-6 10/29/2020 1.6 J NSE SG-7 10/29/2020 1.4 J SG-10 10/28/2020 1.5 J SG-12 10/28/2020 1.5 J X lens, Total SG-8 11/3/2020 1,140 700 '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. Acetone was detected in every sub -slab sample collected; however, because acetone is a common analytical laboratory introduced compound, the Soil Gas Screening Level (SGSL) for acetone is no longer being published. The most recent Residential SGSL for acetone was 220,000 µg/m3 and none of the detected concentrations exceeded this limit. Therefore, acetone data is not summarized on this table, but remain available in the reports related to this property. NSE - Screening level or regulatory standard not established. J - Estimated concentration between the method detection limit and the laboratory reporting limit. 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 2023 version): Exterior Soil Gas Contaminant Sample Location Date of Sampling Concentration Exceeding Screening Level oc m 3)oc Residential Screening Level' m3 Benzene SG-1 10/28/2020 25 12 SG-2/Du -5 10/28/2020 12 1,3-Butadiene SG-1 10/28/2020 58 3.1 Chloroform SG-1 10/28/2020 13 4.1 SG-2/Du -5 10/28/2020 7.7/7.6 Ethanol SG-1 10/28/2020 62 NSE SG-2/Du -5 10/28/2020 64 J/69 J SG-3 11/2/2020 19 SG-4 11/2/2020 20 SG-5/Du -4 11/2/2020 18 Trichlorofluoromethane SG-3 11/2/2020 1.4 J NSE SG-4 11/2/2020 1.2 J SG-5/Du -4 11/2/2020 1 1.5 J '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. Acetone was detected in every sub -slab sample collected; however, because acetone is a common analytical laboratory introduced compound, the Soil Gas Screening Level (SGSL) for acetone is no longer being published. The most recent Residential SGSL for acetone was 220,000 µg/m3 and none of the detected concentrations exceeded this limit. Therefore, acetone data is not summarized on this table, but remain available in the reports related to this property. NSE - Screening level or regulatory standard not established. J - Estimated concentration between the method detection limit and the laboratory reporting limit. 30 10 30 , 60 1 INCH = 30 FEET plat drawn reviewed field crew 04/10/24 JPW JPW 01 /02/24 DL/BP www.thomasandhutton.com job 91616.CJT0 SHEET 3 OF Exhibit C Legal Description Beginning at a point at the intersection of the southern right of way of West Geer Street and the western right of way of Rigsbee Avenue and having NC grid (NAD83) coordinates of north 820,265.70 and east 2,029,545.00; thence N 00' 17'56" E a distance of 99.81' to a point; thence N 89°24'00" E a distance of 80.11' to a point; thence N 89°21' 19" E a distance of 171.50' to a point; thence S 01°38'12" E a distance of 149.97' to a point; thence S 02°13'20" E a distance of 9.98' to a point; thence S 01°38'45" E a distance of 97.97' to a point; thence S 88°48'47" W a distance of 138.90' to a point; thence S 00°48'00" W a distance of 21.63' to a point; thence S 88°48'47" W a distance of 61.57' to a point; thence S 00°13'37" W a distance of 64.12' to a point; thence S 00° 13'37" W a distance of 36.76' to a point; thence S 89°24'47" W a distance of 160.08' to a point; thence N 00°14'37" E a distance of 74.99' to a point; thence N 00°22'21" E a distance of 207.32' to a point; thence N 89° 17'22" E a distance of 99.94' to a point, thence N 00° 17'56" E a distance of 99.81' to a point; thence N 89°24'00" E a distance of 80.11' to a point; thence N 89°21'19" E a distance of 171.50' to a point, which is the point of beginning, having an area of 103,258.56 square feet, 2.3705 acres. Wrights Executive Sales 11/24007-20-032/20240429