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HomeMy WebLinkAbout20094 Belmont Dyers NBP Package for PC 20170824 20094-16-036/Former Belmont Dyers (August 23, 2017 Approval for PC) 1 Property Owner: Aberfoyle LLC Recorded in Book ____, Page ____ Associated plat recorded in Plat Book ____, Page ____ NOTICE OF BROWNFIELDS PROPERTY Site Name: Former Belmont Dyers Brownfields Project Number: 20094-16-036 This documentary component of a Notice of Brownfields Property (“Notice”), as well as the plat component, have been filed this _____ day of __________________, 201__ by Aberfoyle 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 18 Linestowe Drive, Belmont, Gaston County, North Carolina (Parcel IDs 126388 and 126390). The Brownfields Property is 12.884 acres and it contains an office building formerly occupied by the former Belmont Dyers facility. Former textile operations at the Brownfields Property consisted of yarn mercerizing, bleaching, and dyeing. The Prospective Developer intends to develop the property for high density residential, open space, parking, recreation, and with prior written DEQ approval, other commercial uses. The Brownfields Property is primarily surrounded by land in residential use, with the Catawba River on its southeastern border. Groundwater, soil, and soil vapor are contaminated at the 20094-16-036/Former Belmont Dyers (August 23, 2017Approval to PC) 2 Brownfields Property due to historical activities. The Brownfields Agreement between Prospective Developer and DEQ is attached hereto as Exhibit A. It sets forth the use that may be made of the Brownfields Property and the measures to be taken to protect public health and the environment, and is required by NCGS § 130A-310.32. The Brownfields Agreement’s Exhibit 2 consists of one or more data tables reflecting the concentrations of and other information regarding the Property’s regulated substances and contaminants. Attached as Exhibit B to this Notice is a reduction, to 8 1/2" x 11", 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 restrictions are hereby imposed on the Brownfields Property, and are as follows: 1. No use may be made of the Brownfields Property other than for high density residential, open space, parking, recreation, and with prior written DEQ approval, other commercial uses. For purposes of this restriction, the following definitions apply: a. “High Density Residential” defined as permanent dwellings where residential units are attached to each other with common walls, such as condominia, apartments, townhomes, 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 (with the exception of privately owned or inhabited townhome yard areas, which are permitted under this Agreement), and shall include related amenities, such as pools, clubhouses, leasing offices, courtyards, common areas, recreation areas and parking garages. b. “Parking” defined as the temporary accommodation of motor vehicles in an area designed for same. 20094-16-036/Former Belmont Dyers (August 23, 2017Approval to PC) 3 c. “Open Space” defined as land maintained in a natural or landscaped state and used for natural resource protection, buffers, greenways, detention facilities for stormwater. d. “Recreation” 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 pools, sports-related courts and fields, open space, greenways, parks, playgrounds, dog parks, walking paths, and picnic and public gathering areas. e. “Commercial” defined as an enterprise carried on for profit or nonprofit by the owner, lessee or licensee. 2. Groundwater at the Brownfields Property may not be used for any purpose without the prior written approval of DEQ. 3. Physical redevelopment of the Brownfields Property may not occur other than in accord, 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: a. soil and water management issues, including without limitation those resulting from contamination identified in the Environmental Reports; b. issues related to potential sources of contamination referenced in Exhibit 2 of the attached Exhibit A. c. 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 d. plans for the proper characterization of, and, as necessary, disposal of contaminated soils excavated during redevelopment; 4. Unless otherwise approved by DEQ in writing after results of post grade soil sampling are received per paragraph 16 of the attached Exhibit A, 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 Land Use Restriction No. 1 above while fully protecting public health and the environment, except: a. in connection with landscape planting to depths not exceeding 24”; b. mowing and pruning of above-ground vegetation; 20094-16-036/Former Belmont Dyers (August 23, 2017Approval to PC) 4 c. 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; d. in connection to work conducted in accordance with a DEQ-approved Environmental Management Plan (EMP) as outlined in Land Use Restriction No. 3. 5. 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 Land Use Restriction No. 3. 6. No enclosed building may be constructed on the Brownfields Property and no existing building, defined as those depicted on the plat component of this Notice, may be occupied until DEQ determines in writing that: a. the building is or would be protective of the building’s users, public health and the environment from risk of vapor intrusion based on Brownfields Property assessment data or a site- specific risk assessment approved in writing by DEQ; or b. the building is or would be sufficiently distant from the Brownfields Property’s groundwater and/or soil contamination based on assessment data approved in writing by DEQ that the building’s users, public health and the environment will be protected from risk from vapor intrusion related to said contamination; or c. vapor intrusion mitigation measures are installed and/or implemented to the satisfaction of a professional engineer licensed in North Carolina, as evidenced by said engineer’s professional seal on a report that includes photographs and a description of the installation and performance of said measures. Any design specification for vapor intrusion mitigation measures shall be approved in writing by DEQ in advance of installation and/or implementation of said measures. The design specifications shall include methodology(ies) for demonstrating performance of said measures. 7. As part of the Land Use Restriction Update described in Land Use Restriction No. 12 for each year after the year in which this Notice is recorded, 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: a. actions taken on the Brownfields Property in accordance with Section V: Work to be Performed of the attached Exhibit A; b. soil grading and cut and fill actions; c. methodology(ies) employed for field screening, sampling and laboratory analysis of environmental media; 20094-16-036/Former Belmont Dyers (August 23, 2017Approval to PC) 5 d. 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 e. 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). 8. 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. 9. 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 Gaston County land records, Book ____, Page ____.” A copy of any such instrument shall be sent to the persons listed in Section XV (Notices and Submissions) of the attached Exhibit A, though financial figures and other confidential information related to the conveyance may be redacted to the extent said redactions comply with the confidentiality and trade secret provisions of the North Carolina Public Records Law. The owner conveying an interest may use the following mechanisms to comply with the obligations of this 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 paragraph, in lieu of sending copies of actual, executed leases, to the persons listed in Section XV (Notice and Submissions) of the attached Exhibit A; 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 XV of the attached Exhibit A. 10. 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 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. 11. During January of each year after the year in which this Notice 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 Gaston County, certifying that, as of said January 1st, the Notice of Brownfields Property containing these land use restrictions remains recorded at the Gaston County Register of Deeds office and that the land use restrictions are being complied with. The submitted LURU shall state the following: a. the name, mailing address, telephone and facsimile numbers, and contact person’s e- mail address of the owner submitting the LURU if said owner acquired any part of the Brownfields Property during the previous calendar year; b. the transferee’s name, mailing address, telephone and facsimile numbers, and contact person’s e-mail address, if said owner transferred any part of the Brownfields Property during the previous calendar year; 20094-16-036/Former Belmont Dyers (August 23, 2017Approval to PC) 6 c. whether any vapor barrier and/or mitigation systems installed pursuant to Land Use Restriction No. 6 are performing as designed, and whether the uses of the ground floors of any buildings containing such vapor barrier and/or mitigation systems have changed, and, if so, how. d. LURU’s submitted for any portion of the Brownfields Property that contains rental units shall include a list of tenants and their addresses. e. A LURU submitted for rental units shall include the rent roll and enough of each lease entered into during the previous calendar year to demonstrate compliance with lessee notification requirements in paragraphs 24 and 25 of the attached Exhibit A 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. f. A property owners’ association or other entity may perform this LURU’s duties, on behalf of some or all owners of the Brownfields Property, if said association or entity has accepted responsibility for such performance pursuant to a notarized instrument satisfactory to DEQ that includes at a minimum, the name, mailing address, telephone and facsimile numbers, and e-mail address of each owner on whose behalf the LURU is proposed to be submitted. For purposes of the land use restrictions set forth above, the DEQ point of contact shall be the DEQ official referenced in paragraph 37.a of the attached Exhibit A hereto, at the address stated therein. ENFORCEMENT The above land use restrictions shall be enforceable without regard to lack of privity of estate or contract, lack of benefit to particular land, or lack of any property interest in particular land. The land use restrictions shall be enforced by any owner of the Brownfields Property. The land use restrictions may also be enforced by DEQ through the remedies provided in NCGS § 130A, Article 1, Part 2 or by means of a civil action; by any unit of local government having jurisdiction over any part of the Brownfields Property; and by any person eligible for liability protection under the Brownfields Property Reuse Act who will lose liability protection if the restrictions are violated. Any attempt to cancel any or all of this Notice without the approval of the Secretary of DEQ (or its successor in function), or his/her delegate, shall be subject to enforcement by DEQ to the full extent of the law. Failure by any party required or authorized to enforce any of the above restrictions shall in no event be deemed a waiver of the right to do so thereafter as to the same violation or as to one occurring prior or subsequent thereto. 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. 20094-16-036/Former Belmont Dyers (August 23, 2017Approval to PC) 7 IN WITNESS WHEREOF, Prospective Developer has caused this instrument to be duly executed this _____ day of _______________, 201__. Aberfoyle LLC By: __________________________________________ C. Jason McArthur President NORTH CAROLINA GASTON 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: _____________________ 20094-16-036/Former Belmont Dyers (August 23, 2017Approval to PC) 8 ************************************ 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. The Metropolitan Group, Inc. By: _____________________________________________ ________________________ Name typed or printed: Date NORTH CAROLINA GASTON 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: _____________________ 20094-16-036/Former Belmont Dyers (August 23, 2017Approval to PC) 9 ************************************ APPROVAL AND CERTIFICATION OF NORTH CAROLINA DEPARTMENT OF ENVIRONMENTAL QUALITY The foregoing Notice of Brownfields Property is hereby approved and certified. North Carolina Department of Environmental Quality By: _________________________________________ ________________________ Michael E. Scott Date Director, Division of Waste Management 1 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) EXHIBIT A NORTH CAROLINA DEPARTMENT OF ENVIRONMENTAL QUALITY IN THE MATTER OF: Aberfoyle LLC UNDER THE AUTHORITY OF THE ) BROWNFIELDS AGREEMENT re: BROWNFIELDS PROPERTY REUSE ACT ) Former Belmont Dyers OF 1997, NCGS § 130A-310.30, et seq. ) 18 Linestowe Drive Brownfields Project # 20094-16-036 ) Belmont, Gaston County I. INTRODUCTION This Brownfields Agreement (“Agreement”) is entered into by the North Carolina Department of Environmental Quality (“DEQ”) and Aberfoyle 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 18 Linestowe Drive, Belmont, Gaston County (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. Aberfoyle LLC is a North Carolina Limited Liability Company that was formed on September 29, 2016. Its registered agent is Jason McArthur and its business address is 338 S. Sharon Amity Road, Suite 510, Charlotte, NC 28211. The Brownfields Property is approximately 12.884 acres in size and it contains an office building formerly occupied by a dye manufacturer. Ownership of the Brownfields Property was transferred from Meridian Industries to The Metropolitan Group, Inc., which currently owns the Brownfields Property, on September 11, 2006. All above ground structures, other than the office building, were previously demolished by The Metropolitan Group, Inc. Aberfoyle LLC intends to redevelop the Brownfields Property for high density residential, open space, parking, recreation, and with prior 2 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) written DEQ approval, other commercial uses. The Brownfields Property is primarily surrounded by land in residential use, with the Catawba River on its southeastern border. Groundwater, soil and soil vapor are contaminated at the Brownfields Property due to historical activities conducted thereon. The Parties agree to undertake all actions required by the terms and conditions of this Agreement. The purpose of this Agreement is to settle and resolve, subject to reservations and limitations contained in Section VIII (Certification), Section IX (DEQ’s Covenant Not to Sue and Reservation of Rights) and Section X (Prospective Developer’s Covenant Not to Sue), the potential liability of Aberfoyle LLC for contaminants at the Brownfields Property. The Parties agree that Aberfoyle LLC’s entry into this Agreement, and the actions undertaken by Aberfoyle LLC in accordance with the Agreement, do not constitute an admission of any liability by Aberfoyle LLC for contaminants at the Brownfields Property. The resolution of this potential liability, in exchange for the benefit Aberfoyle 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 Aberfoyle LLC. 3 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) III. STATEMENT OF FACTS 3. The Brownfields Property comprises two parcels (Gaston County Parcel IDs 126388 and 126390) totaling approximately 12.884 acres. Prospective Developer has committed itself to redevelopment for no uses other than high density residential, open space, parking, recreation and with prior written DEQ approval, other commercial uses. 4. The Brownfields Property is bordered to the north by land used for single family residences; to the east by land used for single family residences, the City of Belmont Pump Station, and the Catawba River; to the south by River Drive and land used for low and high density residential uses; and to the west by Linestowe Drive and land used for single family residences. 5. Prospective Developer obtained or commissioned the following reports, referred to hereinafter as the “Environmental Reports,” regarding the Brownfields Property: Title Prepared by Date of Report Report of Preliminary Environmental Site Assessment, Former Belmont Dyers Company Site RMT, Inc. June 7, 1990 Environmental Phase II Assessment, Belmont Dyers Facility, Belmont, North Carolina Westinghouse Environmental & Geotechnical Services, Inc. July 16, 1991 Report of Limited Environmental Services, Belmont Dyers Site Mid-Atlantic Associates, Inc. October 11, 2004 Site Activities Report, Belmont Dyers Company Site Mid-Atlantic Associates, Inc. July 14, 2005 Site Activities Report, Belmont Dyers Company Site Mid-Atlantic Associates, Inc. November, 2, 2005 Corrective Action Plan Based on the Natural Processes of Degradation and Attenuation of Contaminants, Belmont Dyers Company Site Delta Environmental Consultants, Inc. February 13, 2006 Semi-Annual Groundwater Sampling Report, November 2006, Former Belmont Dyers Leonhardt Environmental, PC December 30, 2006 4 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) Title Prepared by Date of Report Company Site Annual Groundwater Sampling Report, May and November 2007, Former Belmont Dyers Company Site Leonhardt Environmental, PC January 4, 2008 Groundwater Sampling Report, January 2009, Former Belmont Dyers Company Site Leonhardt Environmental, PC March 3, 2009 Groundwater Sampling Report, July 2009, Former Belmont Dyers Company Site Leonhardt Environmental, PC August 12, 2009 Site Activities Report, Former Belmont Dyers Site Mid-Atlantic Associates, Inc. June 29, 2016 Phase I ESA, Former Belmont Dyers Facility Hart & Hickman, PC October 26, 2016 Brownfield Limited Soil Assessment Report, Former Belmont Dyers Hart & Hickman, PC February 16, 2017 Brownfield Assessment Report, Former Belmont Dyers Hart & Hickman June 12, 2017 Brownfield Additional Assessment Report, Former Belmont Dyers Hart & Hickman July 21, 2017 6. For purposes of this Agreement, DEQ relies on the following representations by Prospective Developer as to use and ownership of the Brownfields Property: a. The Brownfields Property was developed with a textile mill prior to 1929. At that time, the Brownfields Property contained a main production building, a boiler building, an attached warehouse, caustic and sulfuric acid above ground storage tanks, gasoline underground storage tanks (USTs), a detached warehouse, and the current office building. Two railroad spurs serviced operations conducted at the Brownfield Property until the mid-1960s. An addition to the dye house was completed by 1965. Former textile operations at the Brownfields Property consisted of yarn mercerizing, bleaching, and dyeing. b. The Brownfields Property was occupied by the Belmont Processing Company until the mid-1940s, at which time Aberfoyle Manufacturing Company took over operations at the Brownfields Property. The Brownfields Property was operated by Belmont Dyers Company 5 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) from the mid-1970s until 2003. Meridian Specialty Yarn Group, Inc. (Meridian), a division of Meridian Industries, Inc., obtained the Brownfields Property through the acquisition of Belmont Dyers Company in June 1990. During this time period, Michelle Textiles also operated in a portion of the building. The former main production building and former dye house contained textile bleaching and dyeing operations that began in late 1920s and continued through closure of the mill in 2003. The former mill buildings were idle from 2003 until being razed beginning in mid-2007, and the Brownfields Property has remained vacant since that time. c. The Brownfields Property is currently owned by The Metropolitan Group, Inc. 7. Pertinent environmental information regarding the Brownfields Property and surrounding area includes the following: a. Soil and groundwater assessments were conducted at the Brownfields Property from 1991 to 2017. Results of soil assessments indicate the presence of semi-volatile organic compounds (SVOCs), metals, low level pesticides, and volatile organic compounds (VOCs) in shallow soil at the Brownfields Property. Results of groundwater assessments indicate that groundwater impacts (primarily tetrachloroethylene, or “PCE”) are present in the central, southern, and eastern portions of the Brownfields Property at concentrations exceeding the North Carolina groundwater quality standards set forth at 15A NCAC 02L .0101 et seq. Sampling results that exceed their respective applicable standard and/or screening levels are summarized in Exhibit 2 to this Agreement. b. Based on the results of the most recent groundwater sampling event conducted in March 2016, groundwater contamination may have migrated off-site to the south and southeast of the Brownfields Property. 6 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) c. Analytical results from the March 2016 groundwater sampling event identified concentrations of PCE, 1,2,4-trichlorobenzene, and 1,4-dichlorobenzene at concentrations exceeding North Carolina residential and non-residential vapor intrusion screening levels in the southern and eastern portions of the Brownfields Property. Assessment and remediation at the Brownfields Property are currently being conducted by the Responsible Party Meridian pursuant to a voluntary Administrative Agreement (AA) with the DEQ Inactive Hazardous Sites Branch (IHSB) Registered Environmental Consultant (REC) program under Site ID No. NONCD0001335. d. A fuel oil line associated with the 5,000-gallon fuel oil aboveground storage tank (AST) was ruptured on February 6, 2007 during demolition activities resulting in a release of fuel oil. The oil entered a stormwater drain and discharged into the Catawba River east of the Brownfields Property. Because the discharge of oil to the Catawba River violated the Clean Water Act, the United States Environmental Protection Agency (US EPA) oversaw the assessment and remediation of the incident (FPN# E07408). Impacted soil was subsequently excavated and transported to an off-site permitted facility for disposal. No reports have been provided documenting results from assessment or remediation activities related to the incident. e. Historic Sanborn Fire Insurance maps from the 1920s through 1940s indicate the presence of three gasoline USTs located near the southeast corner of the former manufacturing building. A 1990 environmental assessment report identified one gasoline UST and one spent dye liquor UST at the Brownfields Property. It is unclear from available reports whether the USTs have been closed and/or removed. 7 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) f. In November 2016, a limited soil assessment was conducted at the Brownfields Property. Results from the assessment disclosed that select SVOC compounds, arsenic, and manganese detected in soil exceeded the Inactive Hazardous Sites Branch Preliminary Soil Remediation Goals for unrestricted use. g. Soil gas assessments were conducted at the Brownfields Property in May and June 2017. Results from the assessments showed that VOCs (primarily tetrachloroethylene) detected in the central, southeastern, and southern portions of the Brownfields Property exceeded their respective Division of Waste Management Residential Vapor Intrusion Screening Levels. 8. The most recent environmental sampling at the Brownfields Property reported in the Environmental Reports occurred on June 20, 2017. The tables set forth in Exhibit 2 to this Agreement present contaminants present at the Brownfields Property above applicable standards or screening levels for each media sampled. 9. For purposes of this Agreement DEQ relies on Prospective Developer’s representations that Prospective Developer's involvement with the Brownfields Property has been limited to obtaining or commissioning the Environmental Reports, preparing and submitting to DEQ a Brownfields Property Application (BPA) dated December 7, 2016, and contracting to purchase the Brownfields Property on September 16, 2016. 10. 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 8 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) environment, and with the other agreements and requirements cited at NCGS § 130A- 310.32(a)(1); b. As a result of the implementation of this Agreement, the Brownfields Property will be suitable for the uses specified in the Agreement while fully protecting public health and the environment; c. Prospective Developer's reuse of the Brownfields Property will produce a public benefit commensurate with the liability protection provided Prospective Developer hereunder; d. Prospective Developer has or can obtain the financial, managerial and technical means to fully implement this Agreement and assure the safe use of the Brownfields Property; and e. Prospective Developer has complied with all applicable procedural requirements. 11. The Parties agree that a $30,000 “Redevelopment Now” fee Prospective Developer has paid suffices as the $2,000 fee to seek a brownfields agreement required by NCGS § 130A- 310.39(a)(1), and, within the meaning of NCGS § 130A-310.39(a)(2), the full cost to DEQ and the North Carolina Department of Justice of all activities related to this Agreement, unless a change is sought to a Brownfields document after it is in effect, in which case there shall be an additional fee of at least $1,000. IV. BENEFIT TO COMMUNITY 12. The redevelopment of the Brownfields Property proposed herein would provide the following public benefits: 9 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) a. a return to productive use of the Brownfields Property; b. provide positive social impacts on the surrounding residential and business communities; c. spur additional development and investment in the community, resulting in further tax base and employment opportunities; d. an increase in tax revenue for affected jurisdictions; e. additional residential housing; and f. “smart growth” through use of land in an already developed area, which avoids development of land beyond the urban fringe (“greenfields”). V. WORK TO BE PERFORMED 13. In redeveloping the Brownfields Property, Prospective Developer shall make reasonable efforts to evaluate applying sustainability principles at the Brownfields Property, using the nine (9) areas incorporated into the U.S. Green Building Council Leadership in Energy and Environmental Design certification program (Sustainable Sites, Water Efficiency, Energy & Atmosphere, Materials & Resources, Indoor Environmental Quality, Locations & Linkages, Awareness & Education, Innovation in Design and Regional Priority), or a similar program. 14. Based on the information in the Environmental Reports, and subject to imposition of and compliance with the land use restrictions set forth below, and subject to Section IX of this Agreement (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). 10 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) 15. Prior to the occupancy of any dwelling to be constructed on any portion of the Brownfields Property which is subject to governance by a homeowners’ association, a lot owners’ association, or similar entity (a “Property Association”), the Prospective Developer shall cause that portion of the Brownfields Property (referred to in this paragraph as a “HOA subject property”) to be subject to a declaration of covenants, conditions, and restrictions, or a functionally equivalent instrument recorded or to be recorded in the Gaston County Public Registry (the "Declaration"), and shall also establish a Property Association consistent with the Declaration and ensuring that such a Property Association is initialized with cash reserves consistent with paragraph 15.e. below. a. The Declaration shall provide that all owners of the HOA subject property shall strictly comply with the terms and conditions of this Agreement and the Notice of Brownfields Property referenced below in paragraph 22. b. For the purposes of N.C.G.S. §130A-310.35(f), which authorizes various persons to enforce land use restrictions, the Declaration shall provide that the Property Association is such a person so authorized by the Act to administer and enforce the land use restrictions as an owner of land and as a person eligible for liability protection pursuant to the Act. Further, the Declaration shall provide that the Property Association has the authority to administer and enforce the land use restrictions on behalf of all lot owners and members of the Property Association. c. The Declaration shall give the Property Association the authority, to the extent permissible under North Carolina law, to treat any violation of the terms and conditions of this Agreement or of the Notice of Brownfields Property by any owner of the HOA subject property as a violation of the Declaration and to undertake any and all enforcement remedies provided in 11 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) the Declaration for such a violation. The Declaration shall provide that, in the event a violation of this Agreement or the Notice of Brownfields Property by any owner of the HOA subject property becomes known to the Property Association, the Property Association will undertake reasonable enforcement actions to correct said violations. Furthermore, the Declaration shall specifically provide that failure by any owner of the HOA subject property to remedy or correct such violations of this Agreement and the Notice of Brownfields Property after any applicable notice and cure periods to the reasonable satisfaction of DEQ could result in that owner's loss of liability protection afforded by this Agreement and the Act. d. The Declaration shall provide that the Property Association will notify DEQ of violations of this Agreement or the Notice of Brownfields Property by any owner of the HOA subject property and any associated enforcement actions taken or planned within thirty (30) days of such violation becoming known to the Property Association. e. The Declaration shall provide that the Property Association maintain a cash reserve dedicated for use in administering and enforcing the land use restrictions. The cash reserve shall be not less than Two Thousand Five Hundred Dollars ($5,000.00), and the cash reserve may be used for administering and enforcing the Brownfields Property land use restrictions, including, but not limited to, legal expenses. f. The portions of the Declaration pertaining to the subject matter of this Paragraph 15 shall be submitted to DEQ for review and comment as to the subject matter of this Paragraph 15, and shall be deemed approved if DEQ does not respond to such submittal within fifteen (15) business days. g. The Declaration shall further provide that the Property Association shall be provided 12 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) the authority for submitting copies of deeds and other instruments of conveyance pertaining to the HOA subject property to the persons listed in Section XV (Notices and Submissions) of this Agreement in accordance with subparagraph 17.i. below. 16. No use of the Brownfields Property may occur until the Prospective Developer of the Brownfields Property conducts representative final grade soil sampling pursuant to a plan approved in writing by DEQ of any area of the Brownfields Property that is not covered by building foundations, sidewalks, or asphaltic or concrete parking areas and driveways unless otherwise approved in writing by DEQ in advance. 17. By way of the Notice of Brownfields Property referenced below in paragraph 22, 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. All references to DEQ shall be understood to include any successor in function. a. No use may be made of the Brownfields Property other than for high density residential, open space, parking, recreation, and with prior written DEQ approval, other commercial uses. For purposes of this restriction, the following definitions apply: i. “High Density Residential” defined as permanent dwellings where residential units are attached to each other with common walls, such as condominia, apartments, townhomes, 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 (with the exception of privately owned or inhabited townhome yard areas, which are permitted under this Agreement), and shall include related amenities, such as pools, clubhouses, leasing offices, 13 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) courtyards, common areas, recreation areas and parking garages. ii. “Parking” defined as the temporary accommodation of motor vehicles in an area designed for same. iii. “Open Space” defined as land maintained in a natural or landscaped state and used for natural resource protection, buffers, greenways, detention facilities for stormwater, or similar purposes. iv. “Recreation” 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 pools, sports-related courts and fields, open space, greenways, parks, playgrounds, dog parks, walking paths, and picnic and public gathering areas. v. “Commercial” defined as an enterprise carried on for profit or nonprofit by the owner, lessee or licensee. b. Groundwater at the Brownfields Property may not be used for any purpose without the prior written approval of DEQ. c. Physical redevelopment of the Brownfields Property may not occur other than in accord, 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 14 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) limitation: i. soil and water management issues, including without limitation those resulting from contamination identified in the Environmental Reports; ii. issues related to potential sources of contamination referenced in Exhibit 2. 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 of, and, as necessary, disposal of contaminated soils excavated during redevelopment; d. Unless otherwise approved by DEQ in writing after results of post grade soil sampling are received per paragraph 16, 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 17.a. above while fully protecting public health and the environment, except: i. in connection with landscape planting to depths not exceeding 24”; ii. mowing and pruning of above-ground vegetation; iii. for repair of underground infrastructure, provided that DEQ shall be given written notice at least seven days in advance of a scheduled repair (if only by email) of any such repair, or in emergency circumstances no later than the next business day, and that any 15 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) 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 17.c. e. 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 17.c. f. 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 22 below, may be occupied until DEQ determines in writing that: i. the building is or would be protective of the building’s users, public health and the environment from risk of vapor intrusion based on Brownfields Property assessment data or a site-specific risk assessment approved in writing by DEQ; or ii. the building is or would be sufficiently distant from the Brownfields Property’s groundwater and/or soil contamination based on assessment data approved in writing by DEQ that the building’s users, public health and the environment will be protected from risk from vapor intrusion related to said contamination; or iii. vapor intrusion mitigation measures are installed and/or implemented to the satisfaction of a professional engineer licensed in North Carolina, as evidenced by said engineer’s professional seal on a report that includes photographs and a description of the installation and performance of said measures. Any design specification for vapor intrusion mitigation measures shall be approved in writing by DEQ in advance of installation and/or 16 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) implementation of said measures. The design specifications shall include methodology(ies) for demonstrating performance of said measures. g. As part of the Land Use Restriction Update described below in paragraph 17.k for each year after the year in which the Notice referenced below in Paragraph 22 is recorded, 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 V: 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). h. 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 17 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) 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. i. 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 Gaston County land records, Book ____, Page ____.” A copy of any such instrument shall be sent to the persons listed in Section XV (Notices and Submissions), though financial figures and other confidential information related to the conveyance may be redacted to the extent said redactions comply with the confidentiality and trade secret provisions of the North Carolina Public Records Law. The owner conveying an interest may use the following mechanisms to comply with the obligations of this 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 paragraph, in lieu of sending copies of actual, executed leases, to the persons listed in Section XV (Notice and Submissions); or (ii) The owner conveying an interest may provide abstracts of leases, rather than full copies of said leases, to the persons listed in Section XV. j. 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 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. k. During January of each year after the year in which the Notice referenced 18 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) below in paragraph 22 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 Gaston County, certifying that, as of said January 1st, the Notice of Brownfields Property containing these land use restrictions remains recorded at the Gaston County Register of Deeds office and that the land use restrictions are being complied with. The submitted LURU shall state the following: i. the name, mailing address, telephone and facsimile numbers, and contact person’s e-mail address of the owner submitting the LURU if said owner acquired any part of the Brownfields Property during the previous calendar year; ii. the transferee’s name, mailing address, telephone and facsimile numbers, and contact person’s e-mail address, if said owner transferred any part of the Brownfields Property during the previous calendar year; iii. whether any vapor barrier and/or mitigation systems installed pursuant to subparagraph 17.f. above are performing as designed, and whether the uses of the ground floors of any buildings containing such vapor barrier and/or mitigation systems have changed, and, if so, how. iv. LURU’s submitted for any portion of the Brownfields Property that contains rental units shall include a list of tenants and their addresses. v. A LURU submitted for rental units shall include the rent roll and enough of each lease entered into during the previous calendar year to demonstrate compliance with lessee notification requirements in paragraphs 24 and 25 of this agreement provided that if standard form leases are used in every instance, a copy of such standard form lease may be sent 19 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) in lieu of copies of actual leases. vi. A property owners’ association or other entity may perform this LURU’s duties, on behalf of some or all owners of the Brownfields Property, if said association or entity has accepted responsibility for such performance pursuant to a notarized instrument satisfactory to DEQ that includes at a minimum, the name, mailing address, telephone and facsimile numbers, and e-mail address of each owner on whose behalf the LURU is proposed to be submitted. 18. The desired result of the above-referenced land use restrictions is to make the Brownfields Property suitable for the uses specified in the Agreement while fully protecting public health and the environment. 19. The guidelines, including parameters, principles and policies within which the desired results are to be accomplished are, as to field procedures and laboratory testing, the Guidelines of the Inactive Hazardous Sites Branch of DEQ’s Superfund Section and the Division of Waste Management Vapor Intrusion Guidance, as embodied in their most current version. 20. 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. VI. ACCESS/NOTICE TO SUCCESSORS IN INTEREST 21. In addition to providing access to the Brownfields Property pursuant to subparagraph 17.h. above, Prospective Developer shall provide DEQ, its authorized officers, employees, 20 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) representatives, and all other persons performing response actions under DEQ oversight, access at all reasonable times to other property controlled by Prospective Developer in connection with the performance or oversight of any response actions at the Brownfields Property under applicable law. Such access is to occur after prior notice and using reasonable efforts to minimize interference with authorized uses of such other property except in response to emergencies and/or imminent threats to public health and the environment. While Prospective Developer owns the Brownfields Property, DEQ shall provide reasonable notice to Prospective Developer of the timing of any response actions to be undertaken by or under the oversight of DEQ at the Brownfields Property. Except as may be set forth in the Agreement, DEQ retains all of its authorities and rights, including enforcement authorities related thereto, under the Act and any other applicable statute or regulation, including any amendments thereto. 22. DEQ has approved, pursuant to NCGS § 130A-310.35, a Notice of Brownfields Property for the Brownfields Property containing, inter alia, the land use restrictions set forth in Section V (Work to Be Performed) of this Agreement and a survey plat of the 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 of Brownfields Property in the Gaston County, North Carolina, Register of Deeds’ Office. Within three (3) business 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. 23. This Agreement shall be attached as Exhibit A to the Notice of Brownfields 21 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) Property. Subsequent to recordation of said Notice, any deed or other instrument conveying an interest in the Brownfields Property shall contain the following notice: “This property is subject to the Brownfields Agreement attached as Exhibit A to the Notice of Brownfields Property recorded in the Gaston County land records, Book ____, Page ____.” A copy of any such instrument shall be sent to the persons listed in Section XV (Notices and Submissions), though financial figures 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 XV (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 XV. 24. 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. VII. DUE CARE/COOPERATION 25. 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 22 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) Property by DEQ and further agrees not to interfere with any such assessment or remediation. In the event the Prospective Developer becomes aware of any action or occurrence which causes or threatens a release of contaminants at or from the Brownfields Property, the Prospective Developer shall immediately take all appropriate action to prevent, abate, or minimize such release or threat of release, shall comply with any applicable notification requirements under NCGS § 130A-310.1 and 143-215.85, Section 103 of CERCLA, 42 USC § 9603, and/or any other law, and shall immediately notify the DEQ Official referenced in paragraph 37.a. below of any such required notification. VIII. CERTIFICATION 26. By entering into this Agreement, the Prospective Developer certifies that, without DEQ approval, it will make no use of the Brownfields Property other than that committed to in the Brownfields Property Application dated December 7, 2016 by which it applied for this Agreement. That use is high density residential, open space, parking, recreation, and with prior written DEQ approval, other commercial uses. 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. IX. DEQ’S COVENANT NOT TO SUE AND RESERVATION OF RIGHTS 27. Unless any of the following apply, Prospective Developer shall not be liable to DEQ, 23 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) 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 new information indicates the existence of previously unreported areas of these contaminants, 24 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) 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. 28. Except as may be provided herein, DEQ reserves its rights against Prospective Developer as to liabilities beyond the scope of the Act. 29. 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. 30. Consistent with NCGS § 130A-310.33, the liability protections provided herein, and any statutory limitations in paragraphs 27 through 28 above apply to all of the persons listed in 25 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) 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. X. PROSPECTIVE DEVELOPER'S COVENANT NOT TO SUE 31. In consideration of DEQ’s Covenant Not To Sue in Section IX 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. XI. PARTIES BOUND 32. This Agreement shall apply to and be binding upon DEQ, and on the Prospective Developer, its officers, directors, employees, and agents. Each Party’s signatory to this Agreement represents that she or he is fully authorized to enter into the terms and conditions of this Agreement and to legally bind the Party for whom she or he signs. XII. DISCLAIMER 33. Prospective Developer and DEQ agree that this Agreement meets the requirements of the Act, including but not limited to the requirements set forth in NCGS § 130A-310.32(a)(2). However, this Agreement in no way constitutes a finding by DEQ as to the risks to public health and the environment which may be posed by regulated substances at the Brownfields Property, a representation by DEQ that the Brownfields Property is fit for any particular purpose, nor a waiver of Prospective Developer’s duty to seek applicable permits or of the provisions of NCGS 26 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) § 130A-310.37. 34. Except for the land use restrictions set forth in paragraph 17 above and NCGS § 130A-310.33(a)(1)-(5)'s provision of the Act's liability protection to certain persons to the same extent as to a prospective developer, no rights, benefits or obligations conferred or imposed upon Prospective Developer under this Agreement are conferred or imposed upon any other person. XIII. DOCUMENT RETENTION 35. The Prospective Developer agrees to retain and make available to DEQ all business and operating records, contracts, site studies and investigations, remediation reports, and documents generated by and/or in the control of the Prospective Developer, its affiliates or subsidiaries relating to storage, generation, use, disposal and management of regulated substances at the Brownfields Property, including without limitation all Material Safety Data Sheets or Safety Data Sheets, for six (6) years following the effective date of this Agreement, unless otherwise agreed to in writing by the Parties. Said records may be retained electronically such that they can be retrieved and submitted to DEQ upon request. At the end of six (6) years, the Prospective Developer shall notify DEQ of the location of such documents and shall provide DEQ with an opportunity to copy any documents at the expense of DEQ. By entering into this Agreement, Prospective Developer waives no rights of confidentiality or privilege provided by the North Carolina Public Records Act or otherwise and, at the time DEQ requests to copy or inspect said documents, Prospective Developer shall provide DEQ with a log of documents withheld from DEQ, including a specific description of the document(s) and the alleged legal basis upon which they are being withheld. To the extent DEQ retains any copies of such documents, Prospective Developer retains all rights it then may have to seek protection from 27 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) disclosure of such documents as confidential business information. XIV. PAYMENT OF ENFORCEMENT COSTS 36. If the Prospective Developer fails to comply with the terms of this Agreement, including, but not limited to, the provisions of Section V (Work to be Performed), it shall be liable for all litigation and other enforcement costs incurred by DEQ to enforce this Agreement or otherwise obtain compliance. XV. NOTICES AND SUBMISSIONS 37. Unless otherwise required by DEQ or a Party notifies the other Party in writing of a change in contact information, all notices and submissions pursuant to this Agreement shall be sent by prepaid first class U.S. mail, as follows: a. for DEQ: William Schmithorst (or successor in function) N.C. Division of Waste Management Brownfields Program Mail Service Center 1646 Raleigh, NC 27699-1646 b. for Prospective Developer: C. Jason McArthur Aberfoyle LLC 338 S. Sharon Amity Road, Suite 510 Charlotte, NC 28211 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. 28 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) XVI. EFFECTIVE DATE 38. 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 N.C.G.S. § 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 invalidate its signature on this Agreement. XVII. TERMINATION OF CERTAIN PROVISIONS 39. If any Party believes that any or all of the obligations under Section VI (Access/Notice to Successors in Interest) are no longer necessary to ensure compliance with the requirements of the Agreement, that Party may request in writing that the other Party agree to terminate the provision(s) establishing such obligations; provided, however, that the provision(s) in question shall continue in force unless and until the Party requesting such termination receives written agreement from the other Party to terminate such provision(s). XVIII. CONTRIBUTION PROTECTION 40. 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. 29 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) 41. 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. 42. 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. XIX. PUBLIC COMMENT 43. This Agreement shall be subject to a public comment period of at least 30 days starting the day after the last of the following public notice tasks occurs: publication of the approved summary of the Notice of Intent to Redevelop a Brownfields Property required by NCGS § 130A-310.34 in a newspaper of general circulation serving the area in which the Brownfields Property is located; conspicuous posting of a copy of said summary at the Brownfields Property; and mailing or delivery of a copy of the summary to each owner of property contiguous to the Brownfields Property. After expiration of that period, or following a public meeting if DEQ holds one pursuant to NCGS § 130A-310.34(c), DEQ may modify or withdraw its consent to this Agreement if comments received disclose facts or considerations which indicate that this Agreement is inappropriate, improper or inadequate. IT IS SO AGREED: NORTH CAROLINA DEPARTMENT OF ENVIRONMENTAL QUALITY By: ____________________________________________________________________________ Michael E. Scott Date Director, Division of Waste Management IT IS SO AGREED: Aberfoyle LLC 30 Project no. 20094-16-036/ Former Belmont Dyers (August 23, 2017 Approval to PC) By: ____________________________________________________________________________ C. Jason McArthur Date Title typed or printed: President SITE 0 2000 4000 APPROXIMATE SCALE IN FEET N U.S.G.S. QUADRANGLE MAP QUADRANGLE 7.5 MINUTE SERIES (TOPOGRAPHIC) CITY, STATE YEAR TITLE PROJECT SITE LOCATION MAP FORMER BELMONT DYERS 18 LINESTOWE DRIVE BELMONT, NORTH CAROLINA DATE: JOB NO: REVISION NO: Exhibit: 10-18-16 0 1RPH-001 BP#20094-16-063/Belmont Dyers (August 23, 2017 Approval to PC)     1 Exhibit 2 The most recent environmental sampling at the Property reported in the Environmental Reports occurred on May 16, 2017. The following tables set forth, for contaminants present at the Property above unrestricted use standards or screening levels, the maximum and most recent concentrations found at each sample location, and the applicable standard or screening level. Screening levels and groundwater standards are shown for reference only and are not set forth as cleanup levels for purposes of this Agreement. GROUNDWATER Groundwater contaminants in micrograms per liter (the equivalent of parts per billion), the standards for which are contained in Title 15A of the North Carolina Administrative Code, Subchapter 2L (2L), Rule .0202, (April 1, 2013 version): Groundwater Contaminant Sample Location Date of Sampling Maximum Concentration Exceeding Standard (g/L) Date of Sampling Most Recent Concentration Exceeding Standard (g/L) Standard (g/L) Benzene MW-1D 11/5/07 1.6 11/5/07 1.6 1 MW-1IR 1/24/09 1 1/24/09 1 Chlorobenzene PMW-6IR 3/22/16 58 3/22/16 58 50 1,4-Dichlorobenzene PMW-6IR 3/22/16 26 3/22/16 26 6 PMW-6SR 3/22/16 9.7 3/22/16 9.7 cis-1,2-Dichloroethene PMW-6SR 3/22/16 96 3/22/16 96 70 Tetrachloroethylene GP-10-42’ 9/27/05 1.4 9/27/05 1.4 0.7 GP-8-48’ 9/27/05 5.5 9/27/05 5.5 MW-1 5/10/05 64 11/18/06 52 MW-1D 6/8/05 280 11/5/07 130 MW-1DR 7/12/09 18 7/12/09 18 MW-1I 9/20/04 36 11/18/06 24 MW-1R 7/12/09 9.1 7/12/09 9.1 MW-1IR 1/24/09 2.1 1/24/09 2.1 MW-2 5/10/05 2.7 11/5/07 1.2 MW-2R 7/12/09 2.7 7/12/09 2.7 MW-3 5/10/05 1.9 7/12/09 <0.5 PMW-1IR 3/22/16 3.2 3/22/16 3.2 PMW-1SR 3/22/16 6.2 3/22/16 6.2 PMW-3SR 3/22/16 1.2 3/22/16 1.2 PMW-4SR 3/22/16 5.6 3/22/16 5.6 BP#20094-16-063/Belmont Dyers (August 23, 2017 Approval to PC)     2 Tetrachloroethylene PMW-5SR 3/22/16 110 3/22/16 110 0.7 PMW-6IR 3/22/16 91 3/22/16 91 PMW-6SR 3/22/16 200 3/22/16 200 Trichloroethylene MW-1 9/20/04 & 5/10/05 11 11/18/06 6.2 3 MW-1D 6/8/05 15 11/5/07 9 PMW-1DR 3/22/16 9 3/22/16 9 1,2,4- Trichlorobenzene PMW-6IR 3/22/16 86 3/22/16 86 70 GROUNDWATER VAPOR INTRUSION RISK Groundwater contaminants with potential for vapor intrusion (VI) in micrograms per liter (the equivalent of parts per billion), the vapor intrusion screening levels for which are derived from the Residential Vapor Intrusion Screening Levels of the Division of Waste Management October 2016 version): Groundwater Contaminant with Potential for Vapor Intrusion Sample Location Date of Sampling Maximum Concentration Exceeding Screening Level (g/L) Date of Sampling Most Recent Concentration Exceeding Screening Level (g/L) Residential VI Screening Level1 (g/L) 1,4- Dichlorobenzene PMW-6IR 3/22/16 26 3/22/16 26 25.9 cis-1,2- Dichloroethene PMW-6SR 3/22/16 96 3/22/16 96 70 Tetrachloroethylene MW-1 5/10/05 64 11/18/06 52 11.5 MW-1D 6/8/05 280 11/5/07 130 MW-1DR 7/12/09 18 7/12/09 18 MW-1I 9/20/04 36 11/18/06 24 PMW-5SR 3/22/16 110 3/22/16 110 PMW-6IR 3/22/16 91 3/22/16 91 PMW-6SR 3/22/16 200 3/22/16 200 Trichloroethylene MW-1 9/20/04 & 5/10/05 11 11/18/06 6.2 1 MW-1D 6/8/05 15 11/5/07 9 PMW-1DR 3/22/16 9 3/22/16 9 1,2,4- Trichlorobenzene PMW-6IR 3/22/16 86 3/22/16 86 7.19 PMW-6SR 3/22/16 29 3/22/16 29 1 Screening levels displayed for non-carcinogens are for a hazard quotient equal to 0.2. Screening levels displayed for carcinogens are for a 1.0E-5 lifetime incremental cancer risk. BP#20094-16-063/Belmont Dyers (August 23, 2017 Approval to PC)     3 2 NS – Screening level or regulatory not established. 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 (October 2016 version): Soil Contaminant Sample Location Depth (ft) Date of Sampling Concentration Exceeding Screening Level (mg/kg) Residential Screening Level1 (mg/kg) Arsenic HHSB-5 4-6 5/16/17 2.6 0.68 SB-3 1-3 11/21/16 3.8 SB-4 3-5 11/21/16 2.9 SB-5 2-4 11/21/16 3.1 Benzo(a)anthracene SB-2 1-3 11/21/16 0.61 0.16 Benzo(a)pyrene SB-2 1-3 11/21/16 0.62 0.016 Benzo(b)fluoranthene SB-2 1-3 11/21/16 0.57 0.16 Dibenzo(a,h)anthracene SB-2 1-3 11/21/16 0.111 J 0.016 Indeno(1,2,3-cd)pyrene SB-2 1-3 11/21/16 0.53 0.16 Manganese SB-1 0-2 11/21/16 624 360 SB-4 2-4 11/21/16 527 1Screening levels displayed for non-carcinogens are for a hazard quotient equal to 0.2. Screening levels displayed for carcinogens are for a 1.0E-6 lifetime incremental cancer risk. NE – No established screening level SOIL GAS Soil gas contaminants in micrograms per cubic meter, the screening levels for which are derived from Residential Vapor Intrusion Screening Levels of the Division of Waste Management (October 2016 version): Soil Gas Contaminant Sample Location Date of Sampling Concentration Exceeding Screening Level (g/m3) Residential Screening Limit1 (g/m3) Tetrachloroethylene HHSG-2 5/16/17 320 278 HHSG-4/DUP-1 5/16/17 16,000 HHSG-5 5/16/17 1,900 HHSG-8 6/20/17 360 1,2,4-Trimethylbenzene HHSG-5 5/16/17 85 48.7 BP#20094-16-063/Belmont Dyers (August 23, 2017 Approval to PC)     4 1Screening levels displayed for non-carcinogens are for a hazard quotient equal to 0.2. Screening levels displayed for carcinogens are for a 1.0E-5 lifetime incremental cancer risk. X X X X X X X X X X X S S x S S x S S x SSx SSx SSx SS x SSx SSx TH E G R O U P X TH E G R O U P Exhibit 2 The most recent environmental sampling at the Property reported in the Environmental Reports occurred on June 20, 2017. The following tables set forth, for contaminants present at the Property above unrestricted use standards or screening levels, the maximum and most recent concentrations found at each sample location, and the applicable standard or screening level. Screening levels and groundwater standards are shown for reference only and are not set forth as cleanup levels for purposes of this Agreement. GROUNDWATER Groundwater contaminants in micrograms per liter (the equivalent of parts per billion), the standards for which are contained in Title 15A of the North Carolina Administrative Code, Subchapter 2L (2L), Rule .0202, (April 1, 2013 version): 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 (October 2016 version): 1)Screening levels displayed for non-carcinogens are for a hazard quotient equal to 0.2. Screening levels displayed for carcinogens are for a 1.0E-6 lifetime incremental cancer risk. NE - No established screening level SOIL GAS Soil gas contaminants in micrograms per cubic meter, the screening levels for which are derived from Residential Vapor Intrusion Screening Levels of the Division of Waste Management (October 2016 version): 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 restrictions are hereby imposed on the Brownfields Property, and are as follows: 1. No use may be made of the Brownfields Property other than for high density residential, open space, parking, recreation, and with prior written DEQ approval, other commercial uses. For purposes of this restriction, the following definitions apply: a. “High Density Residential” defined as permanent dwellings where residential units are attached to each other with common walls, such as condominia, apartments, townhomes, 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 (with the exception of privately owned or inhabited townhome yard areas, which are permitted under this Agreement), and shall include related amenities, such as pools, clubhouses, leasing offices, courtyards, common areas, recreation areas and parking garages. b. “Parking” defined as the temporary accommodation of motor vehicles in an area designed for same. c. “Open Space” defined as land maintained in a natural or landscaped state and used for natural resource protection, buffers, greenways, detention facilities for stormwater. d. “Recreation” 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 pools, sports-related courts and fields, open space, greenways, parks, playgrounds, dog parks, walking paths, and picnic and public gathering areas. e. “Commercial” defined as an enterprise carried on for profit or nonprofit by the owner, lessee or licensee. 2. Groundwater at the Brownfields Property may not be used for any purpose without the prior written approval of DEQ. 3. Physical redevelopment of the Brownfields Property may not occur other than in accord, 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: a. soil and water management issues, including without limitation those resulting from contamination identified in the Environmental Reports; b. issues related to potential sources of contamination referenced in Exhibit 2 of the attached Exhibit A. c. 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 d.plans for the proper characterization of, and, as necessary, disposal of contaminated soils excavated during redevelopment; 4. Unless otherwise approved by DEQ in writing after results of post grade soil sampling are received per paragraph 16 of the attached Exhibit A, 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 Land Use Restriction No. 1 above while fully protecting public health and the environment, except: a. in connection with landscape planting to depths not exceeding 24”; b. mowing and pruning of above-ground vegetation; c. 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; d. in connection to work conducted in accordance with a DEQ-approved Environmental Management Plan (EMP) as outlined in Land Use Restriction No. 3. 5. 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 Land Use Restriction No. 3. 6. No enclosed building may be constructed on the Brownfields Property and no existing building, defined as those depicted on the plat component of this Notice, may be occupied until DEQ determines in writing that: a. the building is or would be protective of the building's users, public health and the environment from risk of vapor intrusion based on Brownfields Property assessment data or a site-specific risk assessment approved in writing by DEQ; or b. the building is or would be sufficiently distant from the Brownfields Property's groundwater and/or soil contamination based on assessment data approved in writing by DEQ that the building's users, public health and the environment will be protected from risk from vapor intrusion related to said contamination; or c. vapor intrusion mitigation measures are installed and/or implemented to the satisfaction of a professional engineer licensed in North Carolina, as evidenced by said engineer's professional seal on a report that includes photographs and a description of the installation and performance of said measures. Any design specification for vapor intrusion mitigation measures shall be approved in writing by DEQ in advance of installation and/or implementation of said measures. The design specifications shall include methodology(ies) for demonstrating performance of said measures. 7. As part of the Land Use Restriction Update described in Land Use Restriction No. 12 for each year after the year in which this Notice is recorded, 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: a. actions taken on the Brownfields Property in accordance with Section V: Work to be Performed of the attached Exhibit A; b. soil grading and cut and fill actions; c. methodology(ies) employed for field screening, sampling and laboratory analysis of environmental media; d. 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 e. 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). 8. 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. 9. 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 Gaston County land records, Book ____, Page ____.” A copy of any such instrument shall be sent to the persons listed in Section XV (Notices and Submissions) of the attached Exhibit A, though financial figures and other confidential information related to the conveyance may be redacted to the extent said redactions comply with the confidentiality and trade secret provisions of the North Carolina Public Records Law. The owner conveying an interest may use the following mechanisms to comply with the obligations of this 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 paragraph, in lieu of sending copies of actual, executed leases, to the persons listed in Section XV (Notice and Submissions) of the attached Exhibit A; 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 XV of the attached Exhibit A. 10. 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 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. 11.During January of each year after the year in which this Notice 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 Gaston County, certifying that, as of said January 1st, the Notice of Brownfields Property containing these land use restrictions remains recorded at the Gaston County Register of Deeds office and that the land use restrictions are being complied with. The submitted LURU shall state the following: a. the name, mailing address, telephone and facsimile numbers, and contact person's e-mail address of the owner submitting the LURU if said owner acquired any part of the Brownfields Property during the previous calendar year; b. the transferee's name, mailing address, telephone and facsimile numbers, and contact person's e-mail address, if said owner transferred any part of the Brownfields Property during the previous calendar year; c. whether any vapor barrier and/or mitigation systems installed pursuant to Land Use Restriction No. 6 are performing as designed, and whether the uses of the ground floors of any buildings containing such vapor barrier and/or mitigation systems have changed, and, if so, how. d. LURU's submitted for any portion of the Brownfields Property that contains rental units shall include a list of tenants and their addresses. e. A LURU submitted for rental units shall include the rent roll and enough of each lease entered into during the previous calendar year to demonstrate compliance with lessee notification requirements in paragraphs 24 and 25 of the attached Exhibit A 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. f. A property owners' association or other entity may perform this LURU's duties, on behalf of some or all owners of the Brownfields Property, if said association or entity has accepted responsibility for such performance pursuant to a notarized instrument satisfactory to DEQ that includes at a minimum, the name, mailing address, telephone and facsimile numbers, and e-mail address of each owner on whose behalf the LURU is proposed to be submitted. For purposes of the land use restrictions set forth above, the DEQ point of contact shall be the DEQ official referenced in paragraph 37.a of the attached Exhibit A hereto, at the address stated therein. GROUNDWATER VAPOR INTRUSION RISK Groundwater contaminants with potential for vapor intrusion (VI) in micrograms per liter (the equivalent of parts per billion), the vapor intrusion screening levels for which are derived from the Residential Vapor Intrusion Screening Levels of the Division of Waste Management October 2016 version): 1)Screening levels displayed for non-carcinogens are for a hazard quotient equal to 0.2. Screening levels displayed for carcinogens are for a 1.0E-5 lifetime incremental cancer risk. 1)Screening levels displayed for non-carcinogens are for a hazard quotient equal to 0.2. Screening levels displayed for carcinogens are for a 1.0E-5 lifetime incremental cancer risk. BEGINNING FROM A 1.5” EXISTING IRON PIN FOUND (EIP), SAID POINT BEING THE SOUTHEAST CORNER OF LOT 52 ABERFOYLE SUBDIVISION RECORDED IN PLAT BOOK 15 PAGE 90 OF THE GASTON COUNTRY REGISTERY OF DEEDS, HAVING NCGRID COORDINATES OF N: 547,827.143’ E:1,395,497.737’, AND BEING N86°53'25"E 3053.59’ OF NCGS MONUMENT “RV-95”; THENCE WITH SAID ABERFOYLE SUBDIVISION PLAT THE FOLLOWING THIRTY-FIVE (35) COURSES: 1)N01°19'54"E 86.16’ TO A #4 REBAR FOUND 2)N88°37'22"W 86.79’ TO A 1.5” EIP 3)S88°37'22"W 106.42’ TO A #4 REBAR SET 4)N86°52'10"W 36.67’ TO A #4 REBAR SET 5)N81°00'53"W 46.02’ TO A #4 REBAR SET 6)N78°48'53"W 30.00’ TO A #4 REBAR SET 7)N07°18'53"W 64.58’ TO A 1.5” EIP 8)N17°50'54"E 40.16’ TO A 1” EIP 9)N62°42'15"W 114.65’ TO A #4 REBAR SET 10)N62°26'24"W 75.57’ TO A 1” EIP 11)N62°26'14"W 75.11’ TO A 1.5” EIP 12)N64°43'25"W 56.86’ TO A 1” EIP 13)N68°10'18"W 63.21’ TO A 1.5” EIP 14)N72°02'02"W 60.98’ TO A 1.5” EIP 15)N76°51'29"W 60.07’ TO A 1.5” EIP 16)N18°50'31"E 25.30’ TO A 1.5” EIP 17)N25°51'17"E 206.67’ TO A 1.5” EIP 18)N73°00'34"E 59.13’ TO A #4 REBAR SET 19)S55°02'22"E 103.64’ TO A 1.5” EIP 20)S77°33'45"E 103.46’ TO A 1.5” EIP 21)N73°34'12"E 79.94’ TO A 1.5” EIP 22)N60°42'46"E 78.92’ TO A #4 REBAR SET 23)N60°45'59"E 63.02’ TO A #4 REBAR SET 24)N69°35'18"E 60.05’ TO A 1.5” EIP 25)N78°16'32"E 59.46’ TO A #4 REBAR SET 26)N85°19'25"E 25.04’ TO A #4 REBAR FOUND 27)N84°58'56"E 63.94’ TO A 1.5” EIP 28)N84°58'59"E 71.80’ TO A 1.5” EIP 29)N85°25'03"E 57.20’ TO A 1.5” EIP 30)N89°13'13"E 57.93’ TO A #4 REBAR SET 31)S72°41'23"E 57.96’ TO A #4 REBAR SET 32)S54°26'31"E 56.89’ TO A 1” EIP 33)S36°47'29"E 60.02’ TO A #4 REBAR SET 34)S18°15'42"E 62.98’ TO A #4 REBAR SET 35)S00°43'00"E 51.84’ TO A 1” EIP, A COMMON CORNER CITY OF BELMONT PROPERTY DEED BOOK 2739. PAGE 985. THENCE TURNING AND RUNNING WITH SAID CITY OF BELMONT PROPERTY THE FOLLOWING FOUR (4) COURSES: 1)S09°20'51"W 26.70’ TO A CONCRETE MONUMENT FOUND 2)N79°15'38"E 99.10’ TO A CONCRETE MONUMENT FOUND 3)S10°30'54"E 65.29’ TO A #4 REBAR SET 4)N79°14'32"E 177.45’ TO A #4 REBAR SET ON THE SHORE OF LAKE WYLIE. THENCE TURNING AND RUNNING WITH SAID LAKE WYLIE THE FOLLOWING THREE (3) COURSES: 1)S00°40'34"E 4.14’ TO A #4 REBAR SET 2)S21°15'14"W 137.01’ TO A #4 REBAR FOUND 3)S31°35'33"W 288.58’ TO A #4 REBAR FOUND, A NORTHWESTERLY CORNER OF RIVER RIDGE COMDOMINIUMS PHASE 4 RECORDED IN PLAT BOOK 41, PAGE 25. THENCE TURNING AND RUNNING WITH SAID RIVER RIDGE COMDOMINIUMS THE FOLLOWING THREE (3) COURSES: EXHIBIT C 1) N58°09'11"W 62.89’ TO A #4 REBAR SET 2) S73°56'10"W 162.10’ TO A #4 REBAR FOUND 3) S72°50'16"W 177.44’ TO A 1.5” EIP, THE NORTHEASTERLY CORNER OF LOT 54 SAID ABERFOYLE SUBDIVISION PLAT BOOK 15 PAGE 90. THENCE TURNING AND RUNNING WITH SAID ABERFOYLE SUBDIVISION S89°00'11"W 28.02’ TO THE POINT AND PLACE OF BEGINNING. CONTAINS 12.884 ACRES MORE OR LESS.