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ORD 2009-07 - item not adopted, Ord. 2009-15 was later adoptedORDINANCE NO. 2009-07 AN ORDINANCE APPROVING THE TAX INCREMENT REINVESTMENT ZONE NUMBER ONE, CITY OF HUNTSVILLE, TEXAS, AMENDED PROJECT PLAN AND REVISIONS TO THE REINVESTMENT ZONE FINANCING PLAN; AND CONTAINING FINDINGS AND PROVISIONS RELATED TO THE FOREGOING SUBJECT. --A' 4 �. WHEREAS, pursuant to Chapter 311 of the Texas contiguous geographic area within the City as Tax and WHEREAS, the City prepared and_;tdopted a Project Plan on November 9, 2004, and ed same on 2007; and WHEREAS, the Reinvestment Zone Financing Huntsville, Texas; 1. In the CihVasignated a Zone TAImber One; Plan, and 13, 2005 and April 24, the Project Plan and revise the Tax In`' ment Reinvestment Zone Number One — BY THE CITY COUNCIL OF THE s desired amendments and revisions, City Staff has prepared or caused to be prepared a Project Plan and a Reinvestment Zone Financing Plan for the Zone as described in Section 311.011, Texas Tax Code, and is submitting amendments and revisions to the plans to the City Council for its approval. The City hereby approves the amended Project Plan (attached as Exhibit "A ") and the revisions to the Reinvestment Zone Financing Plan (attached as Exhibit "B ") for the Tax Increment Reinvestment Zone Number One — Huntsville, Texas. Section 2. The Designation of the reinvestment zone established in the Ordinance creating Tax Increment Reinvestment Zone Number One is hereby redesignated as the area described in Exhibit "C" attached hereto. Section 3. If any provision, section, subsection, sentence, application of same to any person or void or invalid, the validity of the other persons or set of circumstances Council in adopting this Ordinanc become inoperative or fail Aaso: portion hereof, and all provisions o ba Section 4. ItisA hour, d was pbsted ate City Hall of the Meetings Law, subject of affected WWI phraMK this OrdnWce, or the i ny real- it held to�utnstitutional, e' rdmancef r their application to hereb '° g the intent of the City or irlations connected herein shall unity, voidness or invalidity of any ared severable for that purpose. that a sufficient written notice of the date,, the City Council at which this Ordinance was adopted and readily accessible at all times to the general public at the Time required by law preceding its meeting, as required by the Open Government Code, ch. 551, and that this meeting has been open to the public as required by law at all times during which this Ordinance and the subject matter hereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves and confirms such written notice and the contents and posting thereof. EXHIBIT "A" HUNTSVILLE TIRZ NO. 1 REVISED PROJECT PLAN CURRENT PROJECT PLAN PROJECT Project A (West Hills Park) Project B (Bearkat Crossing) Deleted ESTIMATED COST K Project C (Ravenwood Village) 3,823 Transportation Projects 2,000 TOTAL 5,823 EXHIBIT "B" CITY OF HUNTSVILLE TIRZ NO. 1 SUMMARY PROJECT PLAN (PUBLIC INFRASTRUCTURE PROJECTS) PROJECT COST K West Hills Park ---- Ravenwood Village 3,823 SUBTOTAL 3,823 Transportation Projects 2,000 TOTAL 5,823 TIRZ FUND CONTRIBUTIONS PROJECT Amount, $K* West Hills Park Ravenwood Village* 3,823 TOTAL 3,823 * TIRZ funding for infrastructure Feasibility Analysis Exhibit PUBLIC INFRASTRUCTURE — RAVENWOOD VILLAGE Item East /West Public Road Offsite Paving Detention Ponds Retaining Walls Public On Site Water Public On Site Sanitary Sewer SUBTOTAL Engineering /Survey Fees (15 %) SUBTOTAL Public Roads (Residential Development) Estimated Cost $ K SUBTOTAL (Property Commerce) Transportation Projects* TOTAL *NOTE: Not part of Property Commerce projects 645 335 1,511 389 230 214 3,324 499 499 3,823 2,000 5,823 Huntsville TIRZ NO. 1 CITY OF HUNTSVILLE, TEXAS Public Works - Surveying 448 State Hwy. 75 North Huntsville, Texas 77320 THE STATE OF TEXAS § COUNTY OF WALKER § I, Leonard E. Woods, Registered Professional Land Surveyor No. 2524, do hereby certify that this document was prepared under 22 TAC 663.21, does not reflect the results of an on the ground survey, and is not to be used to convey or establish interests in real property except those rights and interests implied or established by the creation or reconfiguration of the boundary ofthe political subdivision for which it was prepared. TA XINCREMENTREINYESTl4E 'NTZONEAr&WBER ONE OtMSBD) Being a parcel of land containing approximately 68.3976 acres, within the corporate limits of the City of Huntsville, situated in the PLEASANT GRAY LEAGUE, Abstract No. 24, Walker County, Terns, said parcel being comprised of the following: (1) A called 9.4958 acre tract described by metes and bounds labeled "Target Tract" and attached as Exhibit "A" in a Corrected Operation And Easement Agreement Between Target Corporation and Ravenwood Village, Ltd recorded in Volume 862, page 272, Official Public Records of Walker County, Texas. A copy of which is attached hereto as EXHIBIT "A ". (2) A called 22.5314 acre and 35.4691 acre tract described by metes and bounds labeled "Developer Parcel A and B" respectively and attached as Exhibit "B" in said Corrected Operation And Easement Agreement Between Target Corporation and Ravenwood Village, Ltd.. A copy of which is attached hereto as E-XHIBIT "B ". (3) A called 0.9013 acre tract described by metes and bounds labeled "Proposed Ravenwood Village Drive" and attached as Exhibit F in a Property Owners Agreement between Ravenwood Village, Ltd. and MCN Realty LP recorded in Volume 864, page 64, Official Public Records. A copy of which is attached hereto as EXHIBIT "F". The following Exhibits of survey Plat and Site Plan are included as follows: (1) Survey Plat attached as Exhibit "E" in said Property Owners Agreement between Ravenwood Village, Ltd. and MCN Realty LP. A copy of which is attached hereto as EXHIBIT "E ". (2) Site Plan attached as Exhibit "X" in said Corrected Operation And Easement Agreement Between Target Corporation and Ravenwood Village, Ltd.. A copy of which is attached hereto as EXHIBIT EXHIBIT "C" Page 1 of 14 Tax Increment Reinvestment Zone Number One Revised November 2008 City of Huntsville Walker County, Texas EXHIBIT "A" 13k Vol F•9 !�V V04158 OR 862 3313 EXHIBIT A LEGAL DESCRIPTION OF TARGET TRACT Being a tract or parcel containing 9 4958 acres (413,637 square feet) of land situated in the P Gray Survey, Abstract Number 24, Walker County, Texas, and being out of and a portion of the called 38473 acre tract as described in the deed to John T Smdher, at al, recorded in Volume 109, Page 470, of the Walker County Deed Records, said 94958 acre tract being more particularly described by metes and bounds as follows (all bearings are based on the Texas State Plane Coordinate System, Central Zone, as represented by the City of Huntsville, Texas, Mapping Control Network) COMMENCING at a 518 -inch iron rod found in the north right-of-way line of Smither Road (width vanes) marking the northwest comer of Parcel 32 as described in the deed recorded in Volume 402, Page 458, of the Walker County Deed Records, THENCE, North 03 °29'46" West, along the east line of the called 248 20 acre tract, as described in the deed recorded in Volume 90, Page 488, of the Walker County Deed Records, a distance of 1,88547 feet to a 1/2 -inch iron rod found marking the southwest comer of the called 32 2328 acre tract as described in the deed recorded in Volume 456, Page 155, of the Walker County Deed Records, from which a 5/8 -mch iron rod found marking the northwest comer of said called 32 2328 acre tract bears North 03 "24'07" West, 787 72 feet, THENCE, North 88°19'46" East, along the south line of said called 32 2328 acre tract, a distance of 2,003 39 feet to a 5/8 -mch iron rod found in the west right-of-way line of Interstate Highway 45 (width vanes) as described in the deeds recorded in Volume 155, Page 422, and Volume 155, Page 427, of the Walker County Deed Records, marking the southeast comer said called 32 2328 acre tract, THENCE, South 32 °38'37" East, along said west right-of-way line a distance of 920 95 feet to a 5/8 -inch iron rod with plastic rap stamped 'TERRA SURVEYING" set marking the north comer and POINT OF BEGINNING of the herein described tract, THENCE, crossing the aforesaid called 384 73 acre tract the following twenty (20) courses and distances, South 57 °23'23" West, a distance of 408 48 feet to a 5/8 -inch iron rod with plastic cap stamped 'TERRA SURVEYING" set marking an angle comer of the herein described tract, South 32 "3637" East, a distance of 30 00 feet to a 5/8 -inch iron rod with plastic cap stamped 'TERRA SURVEYING" set marking an angle comer of the herein described tract, South 57 °2323' West, a distance of 177 01 feet to a 518 -mch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle comer of OW3U=124 nAU AS 2239958 5 EXHIBIT "C" Page 2 of 14 Tax Increment Reinvestment Zone Number One Revised November 2008 City of Huntsville Walker County, Texas Bk Vol Ys 00004158 OR 862 339 the herein described tract. North 32 °3637" West, a distance of 12850 feet to a 518 -Inch iron rod with plastic cap stamped 'TERRA SURVEYING" set marking an angle corner of the herein described tract, South 57 "23'23" West, a distance of 297 46 feet to a 518 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle comer of the herein described tract, South 47 °15'47" East, a distance of 69.80 feet to a 5/8 -Inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described tract, South 32 °3637" East, a distance of 47 31 feet to a 5/8 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle comer of the herein described tract, South 57 "2323" West, a distance of 237 89 feet to a 5/8 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described tract, North 32 °36'37' West, a distance of 7.91 feet to a 5/8 -Inch iron rod with plastic cap stamped 'TERRA SURVEYING" set marking an angle corner of the herein described tract, South 57 °23'23" West, a distance of 21445 feet to a 518 -mch iron rod with plastic rap stamped "TERRA SURVEYING" set marking the west comer of the herein described tract, South 32 °36'30" East, a distance of 420 00 feet to a 5B -mch iron rod with plastic cap stamped "TERRA SURVEYING" set marking the south comer of the herein described tract, North 57 "23'23" East, a distance of 136 79 feet to a 5/8-inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle comer of the herein described tract, North 32 °3637" West, a distance of 792 feet to a 518 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle comer of the herein described tract, North 57 °23'23" East, a distance of 29513 feet to a 5/8 -inch Iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described tract, 060366000124 DALLAS 2359958 5 EXHIBIT "C" Page 3 of 14 Tax Increment Reinvestment Zone Number One Revised November 2008 City of Huntsville Walker County, Texas P.k Vul P9 01.1004158 OR 862 Z40 North 32 "36'37" West, a distance of 33 50 feet to a 518 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described tract, North 57 "23'23" East, a distance of 116 10 feet to a 5/8 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle comer of the herein described tract, North 32 "36'37" West, a distance of 3150 feet to a 518 -mch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle comer of the herein described tract, North 57 "23'23" East, a distance of 415 13 feet to a 518-inch iron rod with plastic cap stamped 'TERRA SURVEYING" set marking the east corner of the herein described tract, North 32 "36"37" West, a distance of 295 50 feet to a 518 -inch iron rod with plastic rap stamped "TERRA SURVEYING" set marking an angle comer of the herein described tract, - North 57 "2323" East, a distance of 354 50 feet to a 518 -inch iron rod with plastic cap stamped "TERRA SURVEYING' set in the aforesaid west right- of-way line of Interstate Highway 45 marking an angle comer of the herein described tract, THENCE, North 32 "36'37" West, along said west right -of -way line, a distance of 60 00 feet to the POINT OF BEGINNING and containing 9 4958 acres (413,637 square feet) of land This description is based on the plat of the ALTA/ACSM Land Title Survey prepared by Terra Surveying Company, Inc, dated October 11, 2007, TSC Project Number 24153-0703-1304 OM" 0]0134 DA n599585 EXHIBIT "C" Page 4 of 14 Tax Increment Reinvestment Zone Number One Revised November 2008 City of Huntsville Walker County, Texas EXHIBIT `B55 Bic Vol P9 �iVOO4Is OR a61 347 EXHIBIT B LEGAL DESCRIPTION OF DEVELOPER TRACT The Developer Tract is comprised of two parcels of land, described as follows: Developer Parcel A. Outparcels A through F. and Detention Pond 1: Being a tract or parcel containing 22 5314 acres (981,468 square feet) of land situated in the P Gray Survey, Abstract Number 24, Walker County, Texas, and being out of and a portion of the called 38473 acre tract as described in the deed to John T Smither, at al, recorded in Volume 109, Page 470, of the Walker County Deed Records, said 225314 acre tract being more particularly described by metes and bounds as follows (all bearings are based on the Texas State Plane Coordinate System, Central Zone, as represented by the City of Huntsville, Texas, Mapping Control Network) COMMENCING at a 518 -inch iron rod found in the north right-of -way line of Smdher Road (width vanes) marking the northwest comer of Parcel 32 as described in the deed recorded in Volume 402, Page 458, of the Walker County Deed Records, THENCE, North 03 "2946" West, along the east line of the called 248 20 acre tract, as described in the deed recorded in Volume 90, Page 488, of the Walker County Deed Records, a distance of 1,885 47 feet to a 112 -inch iron rod found marking the southwest comer of the called 32 2328 acre tract as described in the deed recorded in Volume 456, Page 155, of the Walker County Deed Records, from which a 518 -inch iron rod found marking the northwest corner of said called 32 2328 acre tract bears North 03 "24'07" West, 787 72 feet, THENCE, North 86 "19'46' East, along the south line of said called 32 2328 acre tract, a distance of 2,003 39 feet to a 5/8 -inch iron rod found in the west right -of -way line of Interstate Highway 45 (width vanes) as descnbed in the deeds recorded in Volume 155, Page 422, and Volume 155, Page 427, of the Walker County Deed Records, marking the southeast corner said called 32 2328 acre treat, THENCE, South 32 "36'37" East, along said west right -of -way line a distance of 980 95 feet to a 518 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking the north comer and POINT OF BEGINNING of the herein described tract, THENCE, continuing along said west nght -of -way line the following four (4) courses and distances South 32 "36'37" East, a distance of 360 84 feet to a 518 -inch iron rod with plastic cap stamped 'TERRA SURVEYING" set marking an angle comer of the herein described tract, common with an angle comer of said west right- of-way line, South 28 "19'37" East, a distance of 752 14 feet to a 518 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking the southeast )80 000124 DALLAS 2259958 5 EXHIBIT "C" Page 5 of 14 Tax Increment Reinvestment Zone Number One Revised November 2008 City of Huntsville Walker County, Texas Bic V431 FFy OVOD4158 OR 862 342 corner of the herein described tract common with an angle comer of said west right -of -way fine, from which a found concrete monument bears North 57 "23' East, 3 30 feet, South 57 °2323" West, a distance of 385 59 feet, to a 518 -mch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described tract common with an angle comer of said west nght -of- way line, South 32 °36'37" East, a distance of 5065 feet to a 5/8 -inch iron rod with Plastic cap stamped "TERRA SURVEYING" set marking an angle comer of the herein described tract common with the intersection of said west right -of- way line and the aforesaid north nght -of -way line of Smither Road, THENCE, South 81'28'46' West, along said north right-of-way line, a distance of 390 45 feet to a 518 -inch iron rod found marking an angle corner of said north right -of -way line common with an angle comer of the herein descn bed tract, THENCE, South 87 "37'44" West, continuing along -said north right-of-way line, a distance of 60127 feet to a 5/8 -inch iron rod with plastic cap stamped 'TERRA SURVEYING" set marking the southwest comer of the herein described tract, from which a 5/8 -inch iron rod found marking an angle corner of said north nghtof -way line bears South 87 "3744" West, 544 29 feet, THENCE, crossing the aforesaid called 38473 acre tract the following twelve (12) courses and distances North 32 °38'30" West, a distance of 211 80 feet to a 518 -mch iron rod with Plastic cap stamped "TERRA SURVEYING" set marking a point on a curve to the right, Along said curve to the right having a central angle of 96 °12'52 ", an arc distance of 117 55 feet, a radius of 70 W feet, and a chord which bears North 32 °36'30" West, 10422 feet to a 5/8-inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking the end of said curve, North 32 "36'30" West, a distance of 1492 feet to a 518 -Inch iron rod with plastic cap stamped 'TERRA SURVEYING" set marking the west corner of the herein described tract, North 57 "23'23" East, a distance of 136 79 feet to a 5/8 -Inch Iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle comer of the herein described tract, North 32 °36'37" West, a distance of 7 92 feet to a 5/8 -Inch Iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle corner of 0803M eee124 nALEAS Y SMS5 EXHIBIT "C" Page 6 of 14 Tax Increment Reinvestment Zone Number One Revised November 2008 City of Huntsville Walker County, Texas Bk Vn1 Pw upClu4158 OR 862 343 the herein described tract. North 57 "23'23" East, a distance of 295 13 feel to a 518 -mch Iron rod with plastic cap stamped 'TERRA SURVEYING" set marking an angle corner of the herein described tract. North 32 °36'37" West, a distance of 3350 feet to a 518 -inch iron rod with plastic cap stamped 'TERRA SURVEYING" set marking an angle corner of the herein described tract, North 57 °23'23" East, a distance of 11610 feet to a 518 -Inch iron rod with plastic rap stamped 'TERRA SURVEYING" set marking an angle corner of the herein described tract, North 32 °36'37" West, a distance of 3150 feet to a 5/8-inch Iron rod with plastic cap stamped 'TERRA SURVEYING" set marking an angle comer of the herein described tract, North 57 "2323" East, a distance of 415 13 feet to a 518 -Inch Iron rod with plastic cap stamped "TERRA SURVEYING" set marking the east corner of the herein described tract, North 32 °36'37" West, a distance of 295 50 feet to a 518 -Inch Iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle comer of the herein described tract, North 57 °2323" East, a distance of 354 50 feet to the POINT OF BEGINNING and containing 22 5314 acres (981,468 square feet) of land This description is based on the plat of the ALTAIACSM Land Title Survey prepared by Terra Surveying Company, Inc, dated February 28, 2008, and last revised April 23, 2008, TSC Project Number 2453 - 0703 -X11 Developer Parcel B Oatparmis G throueh K, Detention Pond 2, Detention Pond 3, Detention Pond 4 Detention Pond 5 and the Street Dedication Parcel: Being a tract or parcel containing 35 4691 acres (1,545,034 square feet) of land situated in the P. Gray Survey, Abstract Number 24, Walker County, Texas, and being out of and a portion of the called 384 73 acre tract as described in the deed to John T Smither, et al, recorded in Volume 109, Page 470, of the Walker County Deed Records, said 354691 acre tract being more particulady described by metes and bounds as follows (all bearings are based on the Texas State Plane Coordinate System, Central Zone, as represented by the City of Huntsville, Texas, Mapping Control Network) COMMENCING at a 518-inch iron rod found in the north nghtof -way line of Smdher Road (width vanes) marking the northwest comer of Parcel 32 as described in the deed M366000124 DALLAS ]359958 5 EXHIBIT "C" Page 7 of 14 Tax 4,,,ment Reinvestment Zone Number One Revised November 2008 City of Htmtsville Walker County, Texas ilk Vol Pg r„ri.,0041`}8 OR 862 .34., recorded in Volume 402, Page 458, of the Walker County Deed Records, THENCE, North 03 °29'46" West, along the east line of the called 248 20 acre tract, as described in the deed recorded in Volume 90, Page 488, of the Walker County Deed Records, a distance of 1,885 47 feet to a 112 -inch iron rod found marking the southwest corner of the called 32 2328 acre tract as described in the deed recorded in Volume 456, Page 155, of the Walker County Deed Records, common with the northwest corner of the herein described tract, from which a 5/84nch iron rod found marking the northwest comer of said called 32 2328 acre tract bears North 03 °24'07" West, 787 72 feet, THENCE, North 86 01946" East, along the south line of said called 32 2328 acre tract, a distance of 898 88 feet to a 518ynch iron rod with plastic cap stamped "TERRA SURVEYING" set marking the northwest comer and POINT OF BEGINNING of the herein described tract, THENCE, North 86 "19'46" East, continuing along said south line, a distance of 1,104 51 feet to a 518 -inch iron rod found in the west nght -of -way line of Interstate Highway 45 (width vanes) as described in the deeds recorded in Volume 155, Page 422, and Volume 155, Page 427, of the Walker County Deed Records, marking the southeast comer said called 32 2328 acre tract common with the northeast comer of the herein described tract, THENCE, South 32 °36'37" East, along said west right -of- -way line, a distance of 920 95 feet to a 518 -inch iron rod with plastic cap stamped -TERRA SURVEYING" set marking the southeast comer of the herein described tract, THENCE, crossing the aforesaid called 384 73 acre tract the following twenty (20) courses and distances South 57 °2323' West, a distance of 408 48 feet to a 518 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle comer of the herein described tract, South 32 °36'37" East, a distance of 30 00 feet to a 518 -inch iron rod Win plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described tract, South 57 °2323" West, a distance of 177.01 feet to a $18 -mch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described tract, North 32 "3637" West, a distance of 128 50 feet to a 6/8 -inch iron rod with plastic cap stamped 'TERRA SURVEYING" set marking an angle comer of the herein described tract, EMBPP "C" Page 8 of 14 Tax Increment Reinvestment Zone Number One Revised November 2008 City ofHmnsvine Walker County, Texas Bk Vo1 Fa OU064158 OR 862 34 -_ South 57 "2323" West, a distance of 297 46 feet to a 5/8 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described tract, South 47 °15'47" East, a distance of 6980 feet to a 5/8 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described tract, South 32 °3637" East, a distance of 47 31 feet to a 5/8 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described track South 57 "2323" West, a distance of 237 89 feet to a 5/6 -inch iron rod with plastic cep stamped "TERRA SURVEYING" set marking an angle comer of the herein described tract, North 32 °36'37" West, a distance of 791 feet to a 5/8 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described tract, South 57 "23'23" West, a distance of 214 45 feet to a 518 -inch iron rod with plastic cap stamped 'TERRA SURVEYING" set marking the west corner of the herein described tract, North 32 "36'30" West, a distance of 122 71 to a 518 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described tract, South 57 "23'23" West, a distance of 2588 feet to a 5/8 -inch iron rod with plastic cap stamped'TERRA SURVEYING" set marking an angle comer of the herein described tract, North 32 °36'37" West, a distance of 9724 feet to a 5/8 -inch iron rod with plastic cap stamped 'TERRA SURVEYING" set marking an angle corner of the herein descnbed tract, North 50 °20'50" West, a distance of 204 50 feet to a 518 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described tract, North 63 "53'10" West, a distance of 7952 feet to a 5/8 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described tract, North 35 "34'09" West, a distance of 38 69 feet to a 5/8 -inch iron rod with plastic cap stamped "TERRA SURVEYING' set marking an angle comer of 0903M MDIU DA S2259999s EXHIBIT "C" Page 9 of 14 Tax Increment Reinvestment Zone Number One Revised November 2008 City of Huntsville Walker County, Texas Bk Vol Pa V 00415a OR a62 34b the herein described tract, North 07 °21'27" West, a distance of 65 56 feet to a 518 -inch iron rod with Plastic cap stamped "TERRA SURVEYING" set marking an angle corner of the herein described tract, North 14 °40'28' East, a distance of 299 10 feet to a 5!8 -inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle comer of the herein described tract, North 32'36'33" West, a distance of 255 77 feet to a 518 -mch iron rod with plastic cap stamped "TERRA SURVEYING" set marking an angle comer of the herein described tract, North 03'40'07' West, a distance of 48514 feet to the POINT OF BEGINNING and containing 35 4891 acres (1,545,034 square feet) of land This description is based on the plat of the Land Tide Survey prepared by Terra Surveying Company, Inc, dated February 28, 2008, and last revised April 23, 2008, TSC Project Number 2453 - 0703 -X11 080366000124 DAF 52599585 EXHIBIT "C" Page 10 of 14 Tax Increment Reinvestment Zone Number One Revised November 2008 City of Huntsville Walker County, Texas EXHIBIT "F" PROPERTY pWNERS AGREEMENT EXHIBIT"F^ Bk Vol Po 00004463 OR 864 86 METES AND BOUNDS OiEWEWWT40M PROPOSED RAVENWOOD VILLAGE DRIVE 0 9013 ACRES (39,261 SQUARE FEET) P GRAY SURVEY, ABSTRACT NUMBER 24 WALKER COUNTY. TEXAS Being a tract or parcel containing 0.9013 acres (39,261 square feet) of land situated in the P Gray Survey, Abstract Number 24, Walker County, Texas, and being out of and a portion of the called 32 2328 acre tract as described in the deed to MNC Realty, LP, recorded in Volume 456, Page 155, of the Walker County Deed Records, said 09013 acre tract being more particularity described by metes and bounds as follows (all bearings shown hereon are referenced to the City of Huntsville, Texas, Mapping Control Network, and based on the position of control point number 6314 (N= 10,256,332 07 feet, E= 3,794,381 32 feet) and control point number 6299 (N= 10,253,63552 feet, E= 3,796,181 12 feet) Coordinates and distances stated herein are surface and may be converted to grid by multiplying by a combined sale factor of 0 99988), COMMENCING at a 5/8 -inch iron rod found (N= 10,253,499.49 feet, E= 3,792,996 97 feet) in the north right- of-way line of Smither Road (width vanes) marking the northwest comer of Parcel 32 as described in the deed recorded in Volume 402, Page 458, of the Walker County Deed Records, THENCE, North 03 "40'14" West, along the east line of the called 248 20 acre tract as desmbad in the deed recorded in Volume 90, Page 488, of the Walker County Deed Records, a distance of 1,885.47 feet to a 1/2- inch iron rod found marking the southwest comer of the aforesaid called 32.2328 ace tract, from which a 518 -mch iron rod found marking the northwest comer of said called 32 2328 acre tract bears North 03 °24'07' West, 787 72 feet, THENCE, North 86 °19'46" East, along the south line of said called 32 2328 acre tract, a distance of 898 88 feet to a 5/8 -inch iron rod with plastic cap stamped 'TERRA SURVEYING" set marking the southwest comer and POINT OF BEGINNING of the herein described tract, THENCE. North 03'40'07• West, along the proposed west right-of-way line of Ravenwood Village Dine (proposed 70 feel wide) a distance of 35 00 feet to a 5 18-inch iron rod with plastic cap stamped "TERRA SURVEYING" set marking the northwest caner of the herein described tract-, THENCE. North 86.19'45" East, crossing the aforesaid called 32 2328 acre tract along the proposed north . right- of-way line of said Ravenwood Village Drive, a distance of 984 44 feet to a 5/8 -mch iron rod with plastic cap stamped "TERRA SURVEYING" set marking the Point of Curvature of a curve to the left, THENCE, contnuing across said called 32 2328 ace tract along said proposed north right-of-way line and said curve to the left having a central angle of 28 "56'23 ", an arc distance of 75 76 feet, a radius of 150 00 feet and a chord which hears North 71 °51'34" East, 7496 feet to a 5/8 -inch iron rod with plastic cap stamped 'TERRA SURVEYING" set marking the end of said curve, THENCE, North 57 "23'23" East, continuing across said called 32 2328 acre tract along said proposed north right -of -way line, a distance of 15 66 feet to a 5 18-inch iron rod with plastic cap stamped 'TERRA SURVEYING" set in the west right-of-way line of Interstate Highway 45 (width vanes) as described in the deeds recorded in Volume 155, Page 422, and Volume 155, Page 427, of the Walker County Deed Records marking the northeast corner of the herein described tract, from which a 5/8 -inch aan rod found marking the northeast corner of said called 32 2328 acre tract bears North 32 °3637" West, 829 T7 feet, Exiebrt "F" EXHIBIT "C" Page 11 of 14 Page I oft Tae Increment Reinve=ent Zone Number One Revised November 2008 City of Huntsville Walker County, Texas METES AND BOUNDS DESCRIPTION 0 9013 ACRES PAGE 2 OF 2 THENCE, South 32 °36'37' East, along said west right -of -way Ime, a distance of 70 00 feet to a 518 -mch iron rod found marking the southeast tamer of said called 32 2328 acre tract common with the southeast comer of the herein described tract, THENCE, South 86°19'46' West, along the aforesaid South line of the called 32 2320 acre tract, a distance of 1,104.51 feet to the POINT OF BEGINNING and containing 0.9013 acres (39,261 square feet) of land This description is based on the plat of the land Title Survey prepared by Terra Surveying Company, Inc., last revised March 13, 2008, TSC Project Number 2453- 0703 -X07 Compiled by Mark J Pmano, RPLS Terra Surveying Company, Inc M609013R W OODVLGDR.doc F.I.W "F" EXHIBIT "C" Page 12 of 14 8k Vol Ps 00004463 OR 864 87 Page 2 of Tax Increment Reinvestment Zone Number One Revised November 2008 City of Huntsville Walker County, Texas N CO w 00 r< O IO d 0 N S �i AS P1E01 EXHIBIT "E" EXHIBIT "C" Page 13 of 14 w rc v N u Wvii JV"y y s C K�O O, s � Jul z d P FM 9 s by :* m� TIP 3 x Ee: :3 \ Jul z d P FM Tax Increment Reinvestment Zone Number One Revised November 2008 City of Huntsville Walker County, Texas EXHIBIT "X" 4 innwnnnmm�mm� '-' :; Signed Leonard E. Woods Reg. Prof. Land Surveyor No.2524 YISURVEYORSIPROJECTSICOH04 W SITIRZ7ITIRZ1REVISEDins.doac EXHIBIT "C" Page 14 of 14