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HomeMy WebLinkAboutNCC242248_FRO Submitted_20240731 Check if this project is ARPA-funded ❑ Attach a copy of the Letter of Intent to Fund FINANCIAL RESPONSIBILITY/OWNERSHIP FORM SEDIMENTATION POLLUTION CONTROL ACT No person may initiate any land-disturbing activity on one or more acres as covered by the Act, including any activity under a common plan of development of this size as covered by the NCG01 permit, before this form and an acceptable erosion and sedimentation control plan have been completed and approved by the Land Quality Section, N.C. Department of Environmental Quality. Submit the completed form to the appropriate Regional Office. (Please type or print and, if the question is not applicable or the e-mail address or phone number is unavailable, place N/A in the blank.) Part A. 1. Project Name Swift Creek Elementary School *If this project involves American Rescue Plan Act(ARPA) funds, list the Project Name or Project Number(e.g., SRP-D-ARP-0121) below under which you were approved for funding through the Division of Water Infrastructure (DWI). 2. Location of land-disturbing activity: County Wake County City or Township Raleigh Highway/Street Tryon Rd Latitude(decimal degrees) 35 75 g ( degrees) -78.73 Lon nude decimal de rees 3. Approximate date land-disturbing activity will commence: 6/4/24 4. Purpose of development(residential,commercial, industrial, institutional, etc.): Institutional 5. Total acreage disturbed or uncovered (including off-site borrow and waste areas): 14.10 6. Amount of fee enclosed: $$1 ,500 . The application fee of$100.00 per acre (rounded up to the next acre)is assessed without a ceiling amount (Example: 8.10-acre application fee is$900). Checks should be addressed to NCDEQ. 7. Has an erosion and sediment control plan been filed? Yes ❑ Enclosed El No ❑ 8. Person to contact should erosion and sediment control issues arise during land-disturbing activity: Name Ronnie Stott E-mail Address rstott@wcpss.net Phone: Office# 919-588-3596 Mobile# N/A 9. Landowner(s)of Record (attach accompanied page to list additional owners): Wake County 919-856-6160 Name Phone: Office# Mobile# PO Box 550 337 S Salisbury St Current Mailing Address Current Street Address Raleigh NC 27602 Raleigh NC 27601 City State Zip City State Zip 10. Deed Book No. 1 7377 Page No. 1 227 Provide a copy of the most current deed. Part B. 1. Company(ies)who are financially responsible for the land-disturbing activity(Provide a comprehensive list of all responsible parties on accompanied page.)If the company is a sole proprietorship or if the landowner(s)is an individual(s), the name(s)of the owner(s)may be listed as the financially responsible party(ies). Wake County Board of Education dburnett@wcpss.net Company Name E-mail Address 111 Corning Road, Ste 190 same Current Mailing Address Current Street Address Cary NC 27518 same City State Zip City State Zip Phone: Office# 919-588-3551 Mobile#919-999-6550 Note: If the Financially Responsible Party is not the owner of the land to be disturbed, include with this form the landowner's signed and dated written consent for the applicant to submit a draft erosion and sedimentation control plan and to conduct the anticipated land disturbing activity. 2. (a) If the Financially Responsible Party is a domestic company registered on the NC Secretary of State business registry,give name and street address of the Registered Agent: N/A Name of Registered Agent E-mail Address Current Mailing Address Current Street Address City State Zip City State Zip Phone: Office# Mobile# Name of Individual to Contact(if Registered Agent is a company) (b) If the Financially Responsible Party is not a resident of North Carolina, give name and street address of the designated North Carolina agent who is registered on the NC Secretary of State business registry: N/A Name of Registered Agent E-mail Address Current Mailing Address Current Street Address City State Zip City State Zip Phone: Office# Mobile# Name of Individual to Contact(if Registered Agent is a company) (c)If the Financially Responsible Party is engaging in business under an assumed name,give name under which the company is Doing Business As. If the Financially Responsible Party is an individual, General Partnership,or other company not registered and doing business under an assumed name,attach a copy of the Certificate of Assumed Name. Company DBA Name The above information is true and correct to the best of my knowledge and belief and was provided by me under oath. (This form must be signed by the Financially Responsible Person if an individual(s) or his attorney-in-fact, or if not an individual, by an officer, director, partner, or registered agent with the authority to execute instruments for the Financially Responsible Party). I agree to provide corrected information should there be any change in the information provided herein. David Burnett Assistant Superintendent Facilities,Design and Construction Type or print name Title or Authority _),N . - - Signature Date f I, VAAMAIVQ., 1 CksA 1.daSAa,"-- , a Notary Public of the County of (4-2.- State of North Carolina, hereby certify that tj1 d )U(fie,HT appeared personally before me this day and being duly sworn acknowledged that the above form was executed by him/her. Witness my hand and notarial seal, this May day of �)Q , 20 2 3 eiP\L.V kcjuktiz' 4-.490 Notary KATHERINE GRIFFIN TRAHAN Seal NOTARY PUBLIC My commission expires_ Wake County North Carolina My Commission Expires August 312027 BK018637PG02666 WAKE COUNTY, NC TAMMY L. BRUNNER REGISTER OF DEEDS PRESENTED&RECORDED ON 08-09-2021 AT 16:52:24 BOOK: 018637 PAGE: 02666-02677 Prepared by and return to: G. Thomas Lee, Esq. Womble Bond Dickinson (US)LLP 555 Fayetteville Street, Suite 1100 Raleigh,North Carolina 27601 NORTH CAROLINA WAKE COUNTY CONSTRUCTION AND ACQUISITION AGREEMENT This CONSTRUCTION AND ACQUISITION AGREEMENT, dated as of August 1, 2021 (the "Agreement"), between the COUNTY OF WAKE, NORTH CAROLINA, a body politic and corporate and a political subdivision existing under the laws of the State of North Carolina (the "County") and the WAKE COUNTY BOARD OF EDUCATION, a body corporate existing under the laws of the State of North Carolina(the "Board of Education"); WITNESSETH: WHEREAS, the County is a body politic and corporate and a political subdivision existing under the laws of the State of North Carolina vested with the powers and authority conferred upon counties by the laws of the State of North Carolina, acting through its Board of Commissioners; WHEREAS, the Board of Education is a body corporate and a political subdivision existing under the laws of the State of North Carolina and is the governing board of the Wake County local school administrative unit of the public school system of the State of North Carolina, vested with the powers and authority conferred upon boards of education by the laws of the State of North Carolina, including general control and supervision of all matters pertaining to the public schools in the County; WHEREAS, pursuant to Section 153A-158.1, as amended, of the General Statutes of North Carolina, the County may acquire by any lawful method the fee or any lesser interest in real or personal property for use by the Board of Education; Submitted electronically bv.lohn E.Cargill,Attoruev at Law in compliance with North Carolina statutes governing recordable documents and the terms of the submitter agreement with the Wake County Register of Deeds. BK018637PG02667 WHEREAS, the County has arranged to provide financing for such construction, renovation and equipping of improvements and of other improvements to the public school and community college facilities in the County by entering into an Installment Financing Agreement, dated as of August 1, 2021 (the "Installment Financing Agreement") with STI Institutional & Government, inc. (the "Lender") pursuant to North Carolina General Statute G.S. 160A-20, under which the Lender will make Advancements of funds from time to time to the County for such purpose and the County will agree to repay the amounts advanced in installments to fall due at the times and in the amounts set forth in the Installment Financing Agreement; WHEREAS, the Board of Education has heretofore conveyed to the County the parcels of real property described in Exhibit A hereto on which schools currently known as Swift Creek Elementary School, Woods Creek Elementary School, Fuquay-Varina Middle School and Rex Road Elementary School are or will be located (the "Mortgaged Sites"), and the County's obligations under the Installment Financing Agreement will be secured by a lien on the Mortgaged Sites, together with all buildings, improvements and fixtures located and to be located thereon, all as more fully described in the Deed of Trust, to be dated as of August 1, 2021,from the County to The Fidelity Company for the benefit of the Lender; WHEREAS, the County, as lessor, and the Board of Education, as lessee, have entered into a Lease Agreement, of even date herewith (the "Lease"), pursuant to which the County has leased the Mortgaged Sites and all buildings, improvements and fixtures located and to be located thereon to the Board of Education; WHEREAS, pursuant to Section 153A-158.1, as amended, of the General Statutes of North Carolina, as the same applies to the County, the Board of Education may enter into contracts and agreements for the erection and repair of school buildings owned in fee simple by the County; and WHEREAS, the County desires for the Board of Education to oversee the acquisition, installation and equipping of the improvements on the Mortgaged Sites (the "Mortgaged Sites Improvements"), and the Board of Education is willing to undertake such obligation; WHEREAS, the Board of Education intends to convey to the County the real property on which the school to be known as Hilltop Needmore Road Elementary School will be located, and upon such conveyance the County will make such property subject to the Deed of Trust and thereupon such real property will become one of the Mortgage Sites as described above, and the Lease will be supplemented to provide that such site and all buildings, improvements and fixtures located and to be located thereon will be leased by the County to the Board of Education; NOW THEREFORE, in consideration of the premises and of the mutual agreements and covenants contained herein and for other valuable consideration, the parties hereto do hereby agree as follows: Section 1. Supervision of Mortgaged Sites Improvements by the Board of Education. The County and the Board of Education hereby agree and covenant that the Board of Education shall have supervisory power("Supervisory Power"), subject to the consent provision as set forth in Section 3 hereof, in connection with the construction, renovation and equipping of the 2 BK018637PG02668 Mortgaged Sites Improvements. The Board of Education shall use its best efforts to cause the construction,renovation and equipping of the Mortgaged Sites Improvements in accordance with the plans and specifications therefor and in accordance with the Installment Financing Agreement and any applicable requirements of governmental authorities and law. The County and the Board of Education entered into an agreement dated March 20,2007, of record in Book 12716,Page 1652, Wake County Registry("2007 Agreement")which applied to various school sites as identified by written agreements between the Wake County Manager and Wake County School Superintendent. The construction, renovation and equipping of other public school facilities on such sites shall be pursuant to the agreements and arrangements therefor as set forth therein. In connection with the Lease and the Installment Financing Agreement, and upon mutual consent, the County and Board of Education wish to remove the Mortgaged Sites from the 2007 Agreement, and the 2007 Agreement shall not be apply in any to the Mortgaged Sites after the date of this Agreement. The parties agree to execute any documents that may be required by the 2007 Agreement to effectuate the removal of the Mortgaged Sites from the 2007 Agreement. Section 2. Covenants as to the Completion of Mortgaged Sites Improvements. In consideration of the grant of Supervisory Power by the County to the Board of Education pursuant to Section 1 hereof, the County and the Board of Education hereby agree as follows in connection with the construction,renovation and equipping of Mortgaged Sites Improvements by the Board of Education: (a) The Board of Education shall comply with the provisions of law, including all applicable laws relating to the procurement of construction and equipment through competitive bidding, and enter into one or more contracts or purchase orders providing for the renovation, construction and equipping of Mortgaged Sites Improvements. The Board of Education shall obtain all orders, permits or similar governmental approvals necessary for the construction and operation of Mortgaged Sites Improvements as a public school. The Board of Education shall cause the renovation, construction and equipping of the Mortgaged Sites Improvements to be carried on expeditiously in accordance with the plans and specifications therefor, all applicable ordinances and statutes, and in accordance with the requirements of all regularly constituted authorities having jurisdiction over same. The Board of Education shall cause the Mortgaged Sites Improvements to be located entirely on the Mortgaged Sites and will ensure that (a) Mortgaged Sites Improvements does not encroach upon nor overhang any easement or right of way and (b) Mortgaged Sites Improvements, when erected, will be wholly within the building restriction lines, however established, and will not violate applicable use or other restrictions contained in prior conveyances or applicable protective covenants or restrictions. (b) The County,the Lender and their respective representatives and agents shall have the right to enter upon and inspect the Mortgaged Sites from time to time, during and after construction, and the Board of Education agrees to cause any contractor or subcontractor to cooperate with the County, the Lender and their respective representatives and agents during such inspections. 3 BK018637PG02669 (c) Payment of Mortgaged Sites Improvements costs shall be made in accordance with the Installment Financing Agreement. The Board of Education shall submit requests to the County for payment of costs of Mortgaged Sites Improvements. (d) The Board of Education shall use its best efforts to cause the construction of Mortgaged Sites Improvements to be completed. Section 3. Consent of the County. The County hereby recognizes and covenants that the Board of Education shall have the right to make any changes in the description of Mortgaged Sites Improvements or of any component or components thereof subject to the prior consent,oral or written, of the County in accordance with the Installment Financing Agreement; provided, however, that any such change shall not alter the purpose of Mortgaged Sites Improvements as a public school. The Board of Education shall also have the right to approve change orders to any purchase orders or construction agreements, provided that the Mortgaged Sites Improvements has sufficient funds for such change orders. Section 4. Board of Education's Right to Enforce Agreements. The Board of Education shall have the right to enforce in its own name or the name of the County such purchase orders or construction agreements at law or in equity; provided, however, that the assignment by the County shall not prevent the County from asserting said rights and powers in its own behalf. Section 5. Acceptance. The Board of Education does hereby accept the foregoing appointment of Supervisory Power over the renovation, construction and equipping of Mortgaged Sites Improvements as described in Section 1 hereof and does hereby accept the foregoing delegation of duties as described in Section 2 hereof. Section 6. Agency Created. The County irrevocably appoints the Board of Education as its sole agent to carry out all phases of any construction or renovation project undertaken pursuant to this Agreement. The Board of Education, as the County's agent, assumes all of the County's rights, duties, and responsibilities regarding any construction or renovation project undertaken pursuant to this Agreement, including authority to seek, review, approve and execute any standard and routine permit, application, certification and petition that may be required. Notwithstanding previous arrangements, this agency shall govern all phases of any construction or renovation project undertaken pursuant to this Agreement. It is understood and agreed that nothing herein shall limit, change or remove the Board of Education as a public condemnor pursuant to the provisions of N.C.G.S. §40A-1 et. seq. and N.C.G.S. §115C. The Board of Education retains its authority to institute as a public condemnor eminent domain proceedings to satisfy municipal and/or county and/or state requirements in connection with the construction of public schools in Wake County. a. Negotiate and Execute Contracts. The Board of Education, as agent for the County, shall have sole and exclusive authority to negotiate and execute on behalf of the County all contracts for the construction or renovation of construction projects undertaken pursuant to this Agreement, as long as the funds to be expended pursuant to those contracts are within the project budget established by the Board of Education and approved by the County. 4 BK018637PG02670 b. Supervise Construction and Renovation Projects. The Board of Education, as agent for the County, shall be solely responsible for carrying out and maintaining the construction and renovation projects, and the Board of Education shall have all rights to supervise the construction and renovation projects. The County shall have no supervisory authority for the construction and renovation projects. c. Administer Contracts. The Board of Education, as agent for the County, shall issue any required purchase orders and preaudit certification for the construction and renovation projects. The Board of Education shall have authority to approve and enter into any change orders for any and all identified projects as long as the funds are within the project budget established by the Board of Education and approved by the County, including change orders establishing the Guaranteed Maximum Price on CM At Risk projects. The Board of Education shall have exclusive control of the content of such contracts. The Board of Education shall act as the County's designated representative for administering the contracts, and all contracts shall comply with the public procurement laws and any other State laws applicable to either the Board of Education or the County. The Board of Education shall ensure that all contractors provide applicable sales and use tax certificates. The Board of Education shall approve all requests for payment and pay the contractors from the funds provided by the County. d. Enforce Contracts. The Board of Education shall have the right to enforce in its own name or in the County's name such purchase orders, contracts, or change orders entered into in the County's name or the Board of Education's name for the construction and renovation projects. e. Pre-Audit Certification. The County hereby authorizes the Finance Officer of the Board of Education to act as the Finance Officer of the County for the limited purpose of pre-auditing as required by State law, on behalf of the County, contracts and change orders executed pursuant to this Agreement. f. Easements, Roadway Dedications, and Rights of Way. The Board of Education, for itself and as agent for the County, shall have the right to negotiate and execute any easement contract or dedication, or right of way contract or dedication upon a portion of the Mortgaged Sites that it deems in its best interest to provide access over the Mortgaged Sites. Should the Board of Education need the County's execution of any document for easements or other partial interests, the Board of Education, as agent for the County, shall have the authority to execute any easements, rights of way, and roadway dedications it deems necessary. Section 7. Disclaimers of the County. The Board of Education acknowledges and agrees that the design of Mortgaged Sites Improvements has not been made by the County, that the County has not supplied any plans or specifications with respect thereto and that the County(a) is not a manufacturer of, or a dealer in, any of the component parts of Mortgaged Sites Improvements or similar projects, (b) has not made any recommendation, given any advice or taken any other action with respect to (i)the choice of any supplier, vendor or designer of, or any other contractor with respect to, Mortgaged Sites Improvements or any component part thereof or any property or rights relating thereto, or (ii) any action taken or to be taken with respect to 5 BK018637PG02671 Mortgaged Sites Improvements or any component part thereof or any property or rights relating thereto at any stage of the renovation or construction thereof, (c)has not at any time had physical possession of Mortgaged Sites Improvements or any component part thereof or made any inspection thereof or any property or rights relating thereto, and (d) has not made any warranty or other representation, express or implied, that Mortgaged Sites Improvements or any component part thereof or any property or rights relating thereto (i) will not result in or cause injury or damage to persons or property, (ii) has been or will be properly designed, renovated or constructed or will accomplish the results which the Board of Education intends therefor, or(iii) is safe in any manner or respect. The County makes no express or implied warranty or representation of any kind whatsoever with respect to Mortgaged Sites Improvements or any component part thereof to the Board of Education or any other circumstance whatsoever with respect thereto, including, but not limited to, any warranty or representation with respect to the merchantability or the fitness or suitability thereof for any purpose; the design or condition thereof the safety, workmanship, quality or capacity thereof; compliance thereof with the requirements of any law, rule, specification or agreement pertaining thereto; any latent defect; the ability thereof to perform any function; that the funds available under the Installment Financing Agreement will be sufficient (together with other available funds of the County and the Board of Education) to pay the costs of Mortgaged Sites Improvements; or any other characteristic of Mortgaged Sites Improvements; it being agreed that all risks relating to Mortgaged Sites Improvements, the completion thereof or the transactions contemplated hereby or by the Installment Financing Agreement are to be borne by the Board of Education, and the benefits of any and all implied warranties and representations of the County are hereby waived by the Board of Education. Section 8. Indemnification. To the extent permitted by law, the Board of Education shall indemnify and save the County harmless against and from all claims by or on behalf of any person, firm, corporation or other legal entity arising from the acquisition, renovation, construction and equipping of Mortgaged Sites Improvements; provided, however, that the Board of Education shall not be obligated to pay amounts due under the Installment Financing Agreement or to indemnify (a) any party to the Installment Financing Agreement for any third- party claims asserted against any such party relating to the Installment Financing Agreement or (b) the County for any liability arising from any act of negligence or willful misconduct on the part of the County or any of its agents, officers or employees. The Board of Education shall be notified promptly by the County of any action or proceeding brought in connection with any such claims arising from the acquisition, construction and equipping of Mortgaged Sites Improvements. Section 9. Hilltop Needmore Road Elementary School to be Subject to this Agreement. The Board of Education and the County also intend to finance improvements on the site that will be the site of Hilltop Needmore Road Elementary School with amounts drawn under the Installment Financing Agreement, with such property also subject to the Deed of Trust and the provisions of the Lease. At present, the boundary description of such site is being reestablished. Following such event, the Board of Education shall convey such site to the County, the County shall supplement the Deed of Trust to make such site part of the Mortgaged Sites and the Lease shall be supplemented to make such site and improvements part of the Leased Premises. Upon such actions, the acquisition, construction, rehabilitation and equipping of Hilltop Needmore 6 BK018637PG02672 Road EIementary School will be subject to the provisions of this Agreement to the same extent as the other schools covered by this Agreement. Section 10. Amendments and Further Instruments. The County and the Board of Education may, from time to time, execute and deliver such amendments to this Agreement and such further instruments as may be required or desired for carrying out the expressed intention of this Agreement. 7 BK01 8637PG02673 IN WITNESS WHEREOF, the parties hereto have executed and attested this Agreement by their duly authorized representatives as of the day and year first written above. ,1�1{It1:ik101 f/ v084 OF ,,�4A COUNTY OF WAKE,NORTH CAROLINA �` [SEAL] O I, It 'A_ :l _ FM �' By OP y: '' *r C ' financial Officer ttest: ''�''�'O P& CAR \:,,,:�~� //httt v 1 - . ty Clerk to the B d ommissioners ACKNOWLEDGEMENT FOR COUNTY STATE OF NORTH CAROLINA COUNTY OF WAKE I, the undersigned, a Notary Public in and for the said County and State, do hereby certify that Yvonne C. Gilyard, who, being by me duly sworn, says that she is the Deputy Clerk to the Board of Commissioners for the County of Wake, North Carolina and by authority duly given and as the act of said County, the foregoing instrument was signed in its name by Emily Lucas, as Chief Financial Officer, sealed with its seal, and attested by herself as the Deputy Clerk to said Board of Commissioners. chand and notarial seal this . day of August, 2021. �:N[NOL] O __tt_f(- ._f i-L-, /c_7(4-- -zrzif- // u Notary Pub �v Printed Name: J ei3 io I FE.4._ I 6"r 51 Th My commission expires: /O( tsyaVaa 8 BK018637PG02674 WAKE COUNTY BOARD OF EDUCATION [SEAL] By: Chair Attest: lt1S� ecretary ACKNOWLEDGEMENT FOR BOARD OF EDUCATION STATE OF NORTH CAROLINA COUNTY OF WAKE I,the undersigned, a Notary Public in and for the said County and State, do hereby certify that Cathy Q. Moore, who, being by me duly sworn, says that she is the Secretary of the Wake County Board of Education and by authority duly given and as the act of said Board of Education, the foregoing instrument was signed in its name by Keith A. Sutton, as Chair of said Board of Education, sealed with its seal, and attested by herself as the Secretary to said Board of Education.. Witness my hand and notarial seal this 20 day of L.02_ ,2021. 1-1 VVA [NOTARIAL SEAL]w'°�'�J��•G'• .....'R0 'mooQ.,4 Notary Public • OTARV s Printed Name 0 o : � :u 1.1 • ����� o P(1B1.� :�V` ''ems �� •.....•••`,�•es COUX' �p�Of7061B84, My commission expires: SO .. /013 9 WBD(US)52274803v2 BK018637PG02675 EXHIBIT A LEGAL DESCRIPTIONS OF THE MORTGAGED SITES Swift Creek Elementary School All of that certain tract or parcel of land located in Wake County, North Carolina, and more particularly described as follows: Being all of New Lot 1, containing 15.578 acres, more or less, depicted on that certain "Recombination Survey of 5601 Tryon Road, 5701 Tryon Road and 6223 Yates Mill Pond Road, prepared for The Wake County Board of Education (Swift Creek Elementary)", by Henry P. Fitts, PLS, Sepi Engineering and Construction, Inc., dated July 20, 2020 and revised September 11, 2020, recorded September 29,2020, in Book of Maps 2020,Pages 1557-1558, Wake County Register of Deeds. Woods Creek Elementary School All that certain lot or parcel of land situated in the City of Apex, Buckhorn Township, Wake County,North Carolina and more particularly described as follows: That parcel containing 73.587 acres, Exempt Subdivision/Recombination Plat prepared for the Wake County Board of Education (Proposed E-51 Elementary and Middle School Land Bank Site), according to a plat recorded at Book of Maps 2019,Page 415,Wake County Registry. Fuquay-Varina Middle School WAKE PIN: 0666004705 1201 Bowling Road, Fuquay-Varina,NC BEING all of that tract containing 81.677 acres as shown on that map entitled "Recombination Plat" prepared by Bateman Civil Survey Company and recorded in Book of Maps 2020, Pages 569-571, Wake County Registry, LESS AND EXCEPT that certain Tract 1 which contains 16.726 acres as shown on that map entitled "Minor Subdivision Plat Prepared for The Wake County Board of Education (E-49/Fuquay-Varina Middle School (M-15) Site)," prepared by Bateman Civil Survey Company and recorded in Book of Maps 2021, Pages 685-686, Wake County Registry. Rex Road Elementary School WAKE PIN: 0637389732 6125 Rex Road,Holly Springs,NC Tract 1 BEING all that tract of land containing a total area of+/- 31.820 acres (1,386,079 square feet) located in Holly Springs Township, Wake County, North Carolina; said tract being bounded on the north by Taylor Morrison of Carolina, Inc., on the east by Karen W. Cody, on the south by Hanson Aggregates Southeast,LLC and on the west by John B. Ennis, Jeffrey Schuller and wife, A-1 BK018637PG02676 Stephanie Schuller and being more particularly described by courses based on North Carolina Grid Coordinate System (NAD83/2011) and distances according to a survey entitled "Corrective Recombination Plat and Planimetric Survey on the Properties of Gregory W. Hobby, and wife, Julie K. Hobby and Karen W. Cody for The Wake County Board of Education" prepared by McKim & Creed, Inc. dated September 21, 2020 and being more particularly described as follows: COMMENCING at a rebar and cap, McKim & Creed control point # 1 having NC Grid (NAD83/2011) coordinates of Northing = 677,722.34 feet, Easting = 2,033,583.87 feet; thence with tie lines the following two calls: 1) north 73 deg. 39 min. 13 sec. east 578.72 feet to a rebar and cap McKim & Creed control point#2 and 2)south 69 deg. 14 min. 42 sec. east 62.49 feet to an iron rod found within the 60' right-of-way of Rex Road(SR 1127) and in the northern line of Hanson Aggregates Southeast, LLC (Deed Book 17212, Page 2695), the POINT OF BEGINNING;thence with the northern line of Hanson Aggregates Southeast,LLC north 89 deg. 22 min. 44 sec. west 40.02 feet to a point in the centerline of Rex Road (allowing 60' Public right-of-way); thence with the centerline of Rex Road the following eleven calls: 1) south 56 deg. 24 min. 00 sec. west 43.40 feet to a point, 2) south 59 deg. 40 min. 30 sec. west 52.62 feet to a point, 3) south 63 deg. 22 min. 41 sec.west 52.29 feet to a point,4) south 67 deg. 07 min. 20 sec. west 52.10 feet to a point, 5) south 70 deg. 19 min. 21 sec. west 50.77 feet to a point, 6) south 74 deg. 06 min. 06 sec. west 62.76 feet to a point, 7) south 78 deg. 04 min. 59 sec. west 77.91 feet to a point, 8) south 82 deg. 10 min. 50 sec. west 78.67 feet to a point, 9) south 84 deg. 28 min. 02 sec. west 111.97 feet to a point, 10) south 84 deg. 42 min. 00 sec. west 107.97 feet to a point and 11) south 83 deg. 01 min. 40 sec. west 73.40 feet to a point; thence leaving the centerline of Rex Road north 00 deg. 13 min. 59 sec. west 27.23 feet, passing an iron pipe found 2.66 feet south of the northern right-of-way line, to an iron rod set in the northern right-of-way line (allowing 60 feet) of Rex Road; thence with the eastern line of John B. Ennis (Deed Book 14967, Page 747) north 00 deg. 13 min. 59 sec. west 267.38 feet to an iron rod found, said iron rod being the northeastern corner of John B. Ennis property; thence with the eastern line of Jeffrey Schuller and wife, Stephanie Schuller (Deed Book 12707, Page 213) north 00 deg. 40 min. 49 sec. west 1376.17 feet to an iron pipe found in the southern line of Taylor Morrison of Carolina, Inc. (Deed Book 16830, Page 2668); thence with the southern and eastern lines of Taylor Morrison of Carolina, Inc. the following three calls: 1) south 88 deg. 31 min. 40 sec. east 464.56 feet to an iron pipe found, 2) north 00 deg. 21 min. 28 sec. west 485.10 feet to an iron pipe found, and 3) south 86 deg. 35 min. 39 sec. cast 313.13 feet to an iron rod found; said iron rod being the northwest corner of Karen W. Cody (Deed Book 8247, Page 1723-1724); thence with the western lines of Karen W. Cody the following two calls: 1) south 00 deg. 24 min. 41 sec. east 1879.70 feet to an iron rod set in the northern right-of-way line (allowing 60 feet) of Rex Road, and 2) crossing Rex Road south 00 deg. 31 min. 25 sec. east 62.79 feet to an iron rod found within the right-of-way of Rex Road, the BEGINNING iron rod. AND Tract 2 BEING all that tract of land containing a total area of +/- 9.887 acres (430,677 square feet) located in Holly Springs Township, Wake County, North Carolina; said tract being bounded on the north by Taylor Morrison of Carolina, Inc., on the east by William Myers, Candace Crupi, Brenda Judd Williams, Fadna Banks and La Rue Powell, on the south by the southern right-of- A-2 BK018637PG02677 way (allowing 60 feet) of Rex Road and Hanson Aggregates Southeast, LLC and on the west by Gregory W. Hobby, and wife, Julie K. Hobby and being more particularly described by courses based on North Carolina Grid Coordinate System (NAD83/2011) and distances according to a survey entitled "Corrective Recombination Plat and Planimetric Survey on the Properties of Gregory W. Hobby, and wife, Julie K. Hobby and Karen W. Cody for The Wake County Board of Education" prepared by McKim & Creed, Inc. dated September 21, 2020 and being more particularly described as follows: COMMENCING at a rebar and cap, McKim & Creed control point # 1 having NC Grid (NAD83/2011) coordinates of Northing = 677,722.34 feet, Easting = 2,033,583.87 feet; thence with tie lines the following two calls: 1)north 73 deg. 39 min. 13 sec. east 578.72 feet to a rebar and cap McKim & Creed control point#2 and 2) south 69 deg. 14 min.42 sec. east 62.49 feet to an iron rod found within the 60' right-of-way of Rex Road (SR 1127) and in the northern line of Hanson Aggregates Southeast, LLC (Deed Book 17212, Page 2695), said iron also being the southeastern corner of Gregory W. Hobby, and wife, Julie K. Hobby, the POINT OF BEGINNING; thence crossing the right-of-way of Rex Road with the eastern line of Gregory W. Hobby, and wife, Julie K. Hobby the following two calls: 1) north 00 deg. 31 min. 25 sec. west 62.79 feet to an iron rod set in the northern right-of-way line (allowing 60 feet) of Rex Road and 2) north 00 deg. 24 min. 41 sec. west 1879.70 feet to an iron rod found in the southern line of Taylor Morrison of Carolina, Inc. (Deed Book 16830, Page 2668), said iron rod being the northeastern corner of Gregory W. Hobby, and wife, Julie K. Hobby; thence with the southern line of Taylor Morrison of Carolina, Inc. south 86 deg. 40 min. 33 sec. east 233.56 feet to an iron rod found, said iron rod being the northwestern corner of William Myers and Candace Crupi (Deed Book 13969, Page 295); thence with the western line of William Myers and Candace Crupi south 00 deg. 14 min. 10 sec. east 1085.86 feet to an iron pipe found, said iron pipe being the northwestern corner of Brenda Judd Williams (Deed Book 16024, Page 2015); thence with the western line of Brenda Judd Williams south 00 deg. 17 min. 48 sec. east 384.27 feet to an iron pipe found, said iron pipe being the northwestern corner of Fadna Banks (Deed Book 1234, Page 61); thence with the western line of Fadna Banks south 00 deg. 05 min. 03 sec. east 268.04 feet to an iron rod found in the northern right-of-way line (allowing 60 feet) of Rex Road; thence crossing the right-of-way of Rex Road south 00 deg. 15 min. 29 sec. east 64.40 feet to an iron rod found in the southern right-of-way line of Rex Road; thence with the southern right-of-way line of Rex Road the following two calls: 1) with a curve to the left having a radius of 771.82 feet, an arc length of 141.84 feet, a chord bearing and distance of south 62 deg. 40 min. 33 sec. west 141.64 feet to an iron rod set and 2) south 54 deg. 47 min. 13 sec. west 106.44 feet to an iron rod set in the northern line of Hanson Aggregates Southeast LLC (Deed Book 17212, Page 2695);thence with the northern line of Hanson Aggregates Southeast LLC north 89 deg. 47 min. 31 sec. west 13.45 feet to an iron rod found, the BEGINNING iron rod. 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