Ordinance No. 16,388 (Item 5.a.)ORDINANCE NO. 16,388
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS,
AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE AND THE CITY
CLERK TO ATTEST TO A PAYMENT IN LIEU OF TAXES AGREEMENT
BETWEEN THE CITY OF BAYTOWN, TEXAS AND MORREALE PROPERTIES,
LLC; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS:
Section 1: That the City Council of the City of Baytown, Texas, hereby authorizes and directs
the Mayor to execute and the City Clerk to attest to a Payment in Lieu of Taxes Agreement between the
City of Baytown, Texas and Morreale Properties, LLC. A copy of said Agreement is attached hereto,
marked Exhibit "A," and incorporated herein for all intents and purposes.
Section 2: This ordinance shall take effect immediately from and after its passage by the City
Council of the City of Baytown.
INTRODUCED, READ, and PASSED by the2aff7irmativeote of City C cil of the City of
Baytown, this the 12"' day of February, 2026.
Mayor
ATTEST:
ANGELA J KSON, City Clerk-�-:'.;' s
APPROVED A TO FORM:
SCOTT LErf OND, City Attorney
Exhibit "A"
PAYMENT IN LIEU OF TAXES
This Payment in Lieu of Taxes Agreement ("Agreement") is made and entered into
between the City of Baytown, Texas, a municipal corporation in Harris and Chambers Counties,
Texas, hereinafter also referred to as `Baytown' or "City," and Morreale Properties, LLC , a Texas
Limited Liability Company (the "Property Owner"). In consideration of the promises and of the
mutual covenants and agreements herein contained, it is agreed by and between the City and the
Property Owner as follows:
WHEREAS, the Property Owner owns that property located within Chambers County
Improvement District No. 3, and within the City of Baytown for limited purposes; and
WHEREAS, the Property Owner purchased such property subject to the Declaration of
Covenants, Conditions, and Restrictions for Bay 10 Business Park recorded in the Chambers
County, Texas Official Public Records at 2012 74117 OR Vo. 1331, PG 272, hereinafter referred
to as the "Declarations" and attached as Exhibit A; and
WHEREAS, the Declarations require that the Property Owners with a proposed future
development value equal to or greater than $1,000,000, as will be determined by the Chambers
County Appraisal District, to enter into an agreement with the City for payments in lieu of ad
valorem taxes; and
WHEREAS, the Declarations provide that such an agreement is a condition to any construction of
improvements on the property;
NOW THEREFORE, the City and the Property Owner, in consideration of the mutual covenants,_
agreements, and benefits herein contained, do mutually agree as follows:
I.
Parties
The parties to this Agreement and their addresses are:
City of Baytown Morreale Properties, LLC
Attn: City Manager Attn: v- No (-ACAiG _
P.O. Box 424 Address: Fo Pxu k 4- b I....eti�o; 4e IX �� S
Baytown, TX 77522 Phone: 281-808-8022
Fax No. (281) 420-6586
II.
Property
This Agreement includes provisions concerning the Property, being certain real estate and
tangible personal property formerly owned or leased by the Property Owner and located within the
boundaries of Chambers County Improvement District No. 3, as more particularly described in
Exhibit "A," which is attached hereto and incorporated herein for all intents and purposes,
hereinafter sometimes referred to as the "Property" or the "affected area."
III.
Term
This Agreement shall become effective as of the date of execution by the Property Owner and the
City of Baytown, and shall remain in full force and effect unless and until the Strategic Partnership
Agreement (the "SPA") between the City and Chambers County Improvement District No. 3,
recorded at Volume 1349, Page 647 of the Chambers County Official Public Records , and any
associated Development Agreement that may be in effect, have expired or terminated, unless this
Agreement is sooner terminated under the provisions hereof.
IV.
Pmment in Lieu of Taxes (PILOT)
As part of the consideration for the City's undertakings as set forth above, the Property
Owner agrees to pay to the City on or before December 31 st of each year during the term hereof
the PILOT Payment.
(1) the certified taxable value for Parcel ID Number 71671 shall be used, starting with
certified taxable value for tax year 2026 and every subsequent year following
multiplied by
(2) the property tax rate per $100.00 of assessed valuation adopted by the City Council
for the City, multiplied by the applicable PILOT Payment Rate of 0.70,
(3) PILOT Payment = (Certified Taxable Value) x (Annual Adopted City Tax Rate /
100) x (PILOT Payment Rate)
V.
Lien and Damages
To secure the payment of any PILOT and any other sums due hereunder (including, without
limitation, interest, late fees or delinquency charges), a lien by virtue of the Declarations and/or
this Agreement is hereby reserved and created in favor of the City against the affected area. This
lien is subject only to and inferior to any and all first lien purchase money deeds of trust and liens
in favor of third -party financial institutions or representing bona fide seller financing. The lien for
the payment of the PILOT Payment shall be binding with a power of sale to enforce such lien by
non judicial foreclosure pursuant to the provisions of Section 51.002 of the Texas Property Code
(the "Code"), or any successor statute governing enforcement of consensual liens on real estate.
Alternatively, the City may institute a suit or proceeding at law or in equity or take any lawful
action to enforce collection of any defaulted PILOT Payment, including, but not limited to, an
action to foreclose such lien. Any foreclosure may be brought by the City in the same manner as
an action to foreclose the lien of a mortgage of deed of trust on real property.
Additionally, the obligations contained in Article IV shall be enforceable by the City
pursuant to all applicable laws and by all applicable means, including, but not limited to, by an
action for damages or an action for an injunction, or both. Should the City prevail in a suit to
enforce the terms and provisions of this Article IV, the City shall also be entitled to recover a
reasonable sum as attorney's fees. It is further agreed that if a suit for injunctive relief is brought
for enforcement of Article IV, the Property Owner shall have no right to and shall be conclusively
deemed to have covenanted and agreed not to (and to have waived any right to), urge or assert as
a defense that an adequate remedy at law exists.
Vl.
Valuations
A.
Procedure
For the purpose of providing a procedure for determining and collecting the amounts
payable by the Property Owner hereunder, there are hereby adopted and made a part hereof all
provisions of the Constitution and statutes of the State of Texas pertaining to ad valorem taxation
as amended throughout the term of this Agreement (including, in particular, the Texas Property
Tax Code), except, however, that (i) to the extent that any of such provisions would require the
assessment of the Property Owner's property on an equal and uniform basis with property in the
general corporate limits of the City, the provisions of this Agreement will control where in conflict
with the provisions of such laws and (ii) the income method of appraisal as described in Section
23.012 of the Texas Property Tax Code shall not be limited to only properties for which a rental
market exists. Specifically, nothing contained herein shall limit the income method of appraisal
specified in Section 23.012 of the Texas Property Tax Code to only properties for which a rental
market exists; instead, if such method is used, the chief appraiser shall:
1. use income and expense data pertaining to the property, if possible and applicable;
2. make any projections of future income and expenses only from clear and
appropriate evidence;
3. use data from generally accepted sources in determining an appropriate
capitalization rate;
4. determine a capitalization rate for income -producing property that includes a
reasonable return on investment, taking into account the risk associated with the
investment.
B.
Valuation of Propert-, Outside the Corporate Limits
The parties hereto recognize that said Chambers County Appraisal District is not required to
appraise the land, improvements, and tangible property, real or mixed, in the affected area, which
is not within the corporate limits of the City, for the purpose of computing the payments hereunder.
Therefore, the parties agree that to determine the fair market value of all of the Property Owner's
land, improvements, and tangible property located outside the corporate limits of the City in
accordance with the market value computation contemplated in the Texas Property Tax Code for
the purpose of calculating the Property Owner's payment in the manner described above, the City
may choose to use the appraised value for the Base Year, as finally determined by the Chambers
County Appraisal District ( or through administrative or judicial appeal of the Chambers County
Appraisal District's determination), or by appraisal conducted by the City and/or by an
independent appraiser of the City's selection, and at the City's expense. Nothing contained herein
shall ever be construed as in derogation of the authority of the Chambers County Appraisal District
to establish the appraised value of land, improvements, and tangible personal property in the
annexed portion for ad valorem tax purposes.
C.
Binding Effect
Determination of fair market values in the above -stated manner outside the corporate limits
shall be made by the City, which shall be final and binding unless the Property Owner within thirty
(30) days after receipt of the valuation by Chambers County or the City, as applicable, petitions
for a Declaratory Judgment to the Civil District Court of Harris County, Texas, as provided for by
Article XIII hereof. In determining the fair market value of property and improvements as used
herein, the City shall base its determination on the fair market value as defined in Article VI herein,
giving due consideration to comparable present day facilities considering and giving effect to
sound engineering valuation practices relative to service life, life expectancy, process and
functional obsolescence.
D.
Statements
The City shall mail one statement to the Property Owner on or about December 1 of each
year showing the total amount due on December 31 of such year pursuant to this Agreement. Such
statement shall be mailed to the address noted in Article I of this Agreement. Any amounts due on
December 31 that are not paid when due shall become delinquent on January 1 of the following
year. Provided, however, if the tax statement is mailed after December 10, the delinquency date is
postponed to the first day of the next month that will provide a period of at least 21 days after the
date of mailing for payment of the amount due. Delinquent amounts shall be immediately subject
to the same penalties, interest, attorneys' fees and costs of collection as recoverable by the City in
the case of delinquent ad valorem taxes.
E.
Valuation Contests
If any differences concerning the appraised values shall not have been finally determined
by the due date of the Property Owner's payment hereunder and the Property Owner desires to
pursue any additional available remedies, the Property Owner shall, without prejudice to such
remedies, pay to the City by December 31 of each year (subject to the exception in the preceding
paragraph for statements mailed after December 10), such amount as is provided in the Texas
Property Tax Code, as amended throughout the term of this Agreement, for payments made under
such conditions by owners of property within the general corporate limits of the City subject to ad
valorem taxation. Any refund payable by the City to the Property Owner hereunder shall be paid
within 60 days after receipt by the City of both Chambers County Appraisal District's form
notification that the appraised value of the property has been reduced and a written refund request
by the Property Owner; if not paid timely, the refund amount shall bear interest at the rate specified
in Section 2251.025 of the Texas Government Code beginning 60 days after the City received both
the Property Owner's written refund request and the Chambers County Appraisal District's formal
notification that the appraised value of the property has been reduced.
VII.
Com0ance with Law
The City and the Property Owner mutually recognize that the health and welfare of
Baytown residents require adherence to high standards of quality in the air emissions, water
effluents and noise, vibration and toxic levels of those industries located in Chambers County
Improvement District No. 3, and that development within the District may have an impact on the
drainage of surrounding areas. To this end, the Property Owner and the City agree that the same
standards and criteria relative to noise, vibration and toxic levels and drainage and flood control
which are adopted by the City and made applicable to portions of the City's extraterritorial
jurisdiction shall also be applicable to the affected area. The Property Owner agrees that any
industrial or other activity carried on within the affected area will be constructed in strict
compliance with all applicable valid state and federal air and water pollution control standards. If
the Property Owner's property within the affected area is subject to the Occupational Safety and
Health Act, 29 U.S.C. 65, et seq., as amended, then the Property Owner shall undertake to ensure
that its facilities and improvements in the affected area comply with the applicable fire safety
standards of such act and the resolutions from time to time promulgated hereunder (the "OSHA
Standards"). The Property Owner agrees that any structure built within the affected area shall be
built in accordance with the building code adopted by the City in effect at the time of construction.
The City and the Property Owner recognize that activities within Chambers County
Improvement District No. 3 are subject to regulation by other governmental entities, including the
state and federal governments and their various departments and agencies. The City and the
Property Owner also recognize that the City may have an interest in activities in Chambers County
Improvement District No. 3 that are regulated by other governmental entities. Nothing in this
Agreement is intended to limit the City's right and authority to communicate its interest in, or
opposition to, those activities to the applicable regulatory agencies or to participate, to the extent
allowed by law, in any related administrative or judicial proceeding.
VIII.
Inspections
The Chief Appraiser of the Chambers County Appraisal District and the City or its
independent appraiser shall have the same right to enter and inspect the Property Owner's premises
and the same right to examine the Property Owner's books and records to determine the value of
the Property Owner's properties as are provided in the Texas Property Tax Code as amended.
IX.
Default
In the event of default by the Property Owner in the performance of any of the terms of
this Agreement, including the obligation to make the payments above provided for, the City shall
have the option, if such default is not fully corrected within sixty ( 60) days from the giving of
written notice of such default to the Property Owner to either (i) declare this Agreement terminated
or (ii) continue the term of this Agreement and collect the payments required hereunder.
Notwithstanding anything to the contrary contained herein, should the City determine the Property
Owner is in default according to the terms and conditions of Article VII hereof, the City shall
notify the Property Owner in writing by U.S. Mail, certified return receipt requested, at the address
stated in this Agreement, and if such default is not cured within sixty (60) days from the date of
such notice (the "Cure Period") then such failure to cure shall constitute a material breach of this
Agreement; provided that, in the case of a default under Article VII for causes beyond the Property
Owner's control that cannot with due diligence be cured within such sixty (60) day period or in
the event that the failure to cure results from ongoing negotiations with federal or state officials,
administrative proceedings or litigation regarding the necessary cure steps, then the cure period
shall be extended until such negotiations, administrative proceedings or litigation are concluded.
X.
Notice
Any notice to the Property Owner or the City concerning the matters to which the
Agreement relates may be given in writing by registered or certified mail addressed to the Property
Owner or the City at the appropriate respective addresses set forth in Article I of this Agreement.
Any such notice in writing may be given in any other manner. If given by registered or certified
mail, the notice shall be effective when mailed. With the exception of annual bills for payments
due herein, notice given in any other manner shall be effective when received by the Property
Owner or the City, as the case may be.
XI.
No Further Eanansion of Taxing_ Jurisdiction
Nothing herein contained shall be construed to change or enlarge the jurisdiction, power or
authority of the City over or with respect to the affected area as prescribed by applicable law,
except as specifically provided in this Agreement. The Property Owner shall not be obligated by
virtue of this Agreement to make any ad valorem tax payments to the City during the term of this
Agreement.
XII.
Reimbursement for Services
If the Property Owner requests and receives mutual aid firefighting assistance and is a
member of Channel Industries Mutual Aid organization ("CIMA') or similar organization, the
Property Owner shall reimburse the City for costs incurred by the City in providing fire protection
services to the Property Owner as shall be provided in the charter, bylaws and agreements pursuant
to which CIMA or such similar organization is organized and operates. If the Property Owner
requests and receives mutual aid firefighting assistance and is not a member of CIMA or a similar
organization, then the Property Owner shall be required to reimburse the City for costs actually
expended by the City in providing any firefighting assistance to the Property Owner, including
chemical and personnel costs.
XIII.
Declaratory Judgment Action
If any disagreement arises between the parties concerning the interpretation of this
Agreement, it is agreed that either of the said parties may petition any Civil District Court of Harris
County, Texas, for a Declaratory Judgment determining said controversy and the cause shall be
tried as other civil causes. If the controversy affects a PILOT Payment, the Property Owner shall,
pending final determination of said controversy, pay to the City on the due date the same amount
which was paid to the City for the last preceding period as to which there was no controversy
concerning the amount owed by the Property Owner to the City. The Property Owner agrees to
tender any additional amount of potential liability to the registry of the Civil District Court, Harris
County, Texas, pending final determination of the controversy beyond any further appeal.
XIV.
Assignment
This Agreement shall not bestow any rights upon any third party, but rather, shall bind and
benefit the Property Owner and the City only. If the Property Owner conveys all or any part of the
property then covered hereby, the Property Owner shall notify the City within 30 days of the
conveyance and shall thereafter cease to be obligated with respect to the property so conveyed,
and the Base Value shall be apportioned between the Property Owner and the grantee based upon
the property conveyed, only if the grantee thereof enters into a Payment in Lieu of Taxes
Agreement with the City with respect to such property so conveyed. No right or obligation under
this Agreement may be sold, assigned or transferred.
XV.
Authority
The Property Owner covenants that it has the authority to enter into this Agreement by
virtue of being either the legal or equitable owner of a possessory estate (including a leasehold
estate) in the land comprising the affected area, which will not terminate before the expiration date
of this Agreement. Additionally, the officers executing this Agreement on behalf of the parties
hereby represent that such officers have full authority to execute this Agreement and to bind the
party he represents.
XVI.
No Municipal Services
It is agreed that during the term of this Agreement, the City is under no obligation to
provide any governmental, proprietary or other municipal services to the affected area.
Specifically, but without limitation, it is agreed that the City shall not be required to furnish (1)
sewer or water service, (2) police protection, (3) fire protection (4) road or street repairs, and (5)
garbage pickup service.
XVII.
Severability
If any provision of this Agreement, or any covenant, obligation or agreement contained
herein, including, without limitation, is determined by a court to be invalidated or unenforceable,
such provision, covenant, obligation or agreement shall be reformed so as to comply with
applicable law. If it is not possible to so reform such provision, covenant, obligation or agreement,
such determination shall not affect any other provision, covenant, obligation or agreement, each
of which shall be construed and enforced as if the invalid or unenforceable portion were not
contained herein. Provided further that such invalidity or unenforceability shall not affect any valid
and enforceable provision thereof, and each such provision, covenant, obligation or agreement
shall be deemed to be effective, operative, made, entered into or taken in the manner and to the
full extent permitted by law. Notwithstanding the above, if the application of this Article XVII
requires reformation or revision of any tern that removes or materially diminishes the obligation
of the Property Owner to make the payments to the City described herein (except in the event of a
reformation that shortens the term of this Agreement), the City shall have the option to declare this
Agreement terminated.
XVIII.
Complete Agreement
This Agreement contains all the agreements of the parties relating to the subject matter
hereof and is the full and final expression of the agreement between the parties.
XIX.
Non -waiver
Failure of either party hereto to insist on the strict performance of any of the agreements
herein or to exercise any rights or remedies accruing thereunder upon default or failure of
performance shall not be considered a waiver of the right to insist on and to enforce by an
appropriate remedy, strict compliance with any other obligation hereunder to exercise any right or
remedy occurring as a result of any future default or failure of performance.
XX.
Ambi.auities
In the event of any ambiguity in any of the terms of this Agreement, it shall not be construed
for or against any party hereto on the basis that such party did or did not author the same.
XXI.
Headings
The headings appearing at the first of each numbered article in this Agreement are inserted
and included solely for convenience and shall never be considered or given any effect in construing
this Agreement or any provision hereof, or in connection with the duties, obligations or liabilities
of the respective parties hereto or in ascertaining intent, if any question of intent should arise.
XXII.
Choice of Law: Venue
This Agreement shall in all respects be interpreted and construed in accordance with and
governed by the laws of the State of Texas and the City, regardless of the place of its execution or
performance. The place of making and the place of performance for all purposes shall be Baytown,
Harris County, Texas.
XXIII.
Agreement Read
The parties acknowledge that they have read, understand and intend to be bound by the
terms and conditions of this Agreement.
REMAINDER OF PAGE INTENTIONALLY LEFT BLANK
The parties acknowledge that they have read, understand and intend to be bound by the
terms and conditions of this Agreement.
IN WITNESS WHEREOF, this Agreement is executed in multiple counterparts on behalf
of the Property Owner this'3; day of ,n�Q , 2026, and on behalf of the City this _ day
of , 2026.
MO REAL PROPE TIES, LLC
By: ' �—
M /L �-L N o r r--r-e le —
Printed Name
CeD
Title
STATE OF TEXAS §
COUNTY OF �C� S §
Before me,�5���� L _ , the undersigned notary public, on
this day personally appeared (YfK a,[Z , the 0 C--.. Q of
Morreale Properties, LLC , the owner of the affected property, known to iie to be the person whose
name is subscribed to the foregoing instrument and acknowledged to me that he executed the same
for the purposes, in the capacity, and for the consideration therein expressed.
SUBSCRIBED AND SWORN before me th' day of , 2026.
KRISTINA L SEATON Notary ublic in and for the State of Texas
,per' NOTARY PUBLIC
• STATE OF TEXAS
a MY COMM. EXP. OW7/28 CITY OF BAYTO", TEXAS
NOTARY 10 130676507
By:
Printed Name
Title
ATTEST:
Printed Name
Title
APPROVED AS TO FORM:
Printed Name
Title
Exhibit A
Metes and Bounds Description
A TRACTOR PARCEL CONTAINING 15.70 ACRES OF 683,825 SQUARE, FEET OF LAND
BEING THAT SAME CALLED 15.695 ACRE TRACT OF LAND DESCRIBED IN DEED TO
MORREALE PROPERTIES, LLC, AS RECORDED UNDER CHAMBERS COUNTY, TEXAS,
TEXAS, SAID TRACT BEING MORE PARTICULARLY DESCRIBED BY METES AND
BOUNDS AS FOLLOWS, WITH ALL BEARINGS BASED ON THE TEXAS COORDINATE
SYSTEM OF 1983, SOUTH CENTRAL ZONE (NAD 83):
BEGINNING AT A CAPPED 5/8 — INCH IRON ROD STAMPED "COTTON" FOUND AT
THE SOUTHWEST END OF A CUT -BACK CORNER AT THE INTERSECTION OF THE
EASTERLY RIGHT-OF-WAY (R.O.W.) LINE OF STATE HIGHWAY 99 (R.O.W. VARIES)
AS RECORDED IN VOL. 257, 1148, PG. 479, C.C.P.R., FOR THE MOST WESTERLY
NORTHWEST CORNER OF THE HEREIN DESCRIBED TRACT;
THENCE, ALONG THE SOUTHERLY R.O.W. LINE OF SAID KILGORE PARKWAY,
NORTH 69 DEG. 09 MIN. 50 SEC. EAST, A DISTANCE OF 143.60 FEET TO A CAPPED 5/8
— INCH IRON ROD STAMPED "QUIDDITY ENG" FOUND FOR THE NORTHEAST END
OF SAID CUT -BACK AND THE BEGINNING OF A NON -TANGENT CURVE TO THE
LEFT;
THENCE,, SOUTHEASTERLY, CONTINUING ALONG THE SOUTHERLY R.O.W. LINE. OF
SAID KILGORE PARKWAY, WITH SAID CURVE TO THE LEFT, HAVING A RADIUS OF
1,880.00 FEET, A CENTRAL ANGLE OF 26 DEG. 58 MIN. 24 SEC., AN ARC LENGTH OF
885.05 FEET, AND A CHORD BEARING AND DISTANCE OF SOUTH 81 DEG. 30 MIN. 37
SEC. EAST — 876.90 FEET TO A CAPPED 5/8 — INCH IRON ROD STAMPED "QUIDDITY
ENG" FOUND FOR THE NORTHWEST CORNER OF RESTRICTED RESERVE "C", BAY
TEN BUSINESS PARK RESERVE. "C" MINOR PLAT, AS RECORDED UNDER C.C.C.F NO.
112034, AND THE NORTHEAST CORNER OF THE HEREIN DESCRIBED TRACT;
THENCE, DEPARTING THE SOUTHERLY R.O.W. LINE OF SAID KILGORE PARWAY,
SOUTH 00 DEG. 01 MIN. 05 SEC. WEST, A DISTANCE OF 541.15 FEET TO A CAPPED 5/8
— INCH IRON ROD STAMPED "WINDROSE" SET ON THE NORTH LINE OF A CALLED
7.661 ACRE TRACT. OF LAND DESCRIBED IN DEED TO CHAMBERS COUNTY
IMPROVEMENT DISTRICT NO.3, AS RECORDED UNDER C.C.C.F. NO. 73488, FOR THE
SOUTHEEST CORNER OF THE HEREIN DESCRIBED TRACT;
THENCE, SOUTH 87 DEG. 39 MIN. 30 SEC. WEST, A DISTANCE OF 1,225.22 FEET TO A
CAPPED 5/8 — INCH IRNO ROD STAMPED "QUIDDITY ENG" FOUND ON THE
EASTERLY R.O.W. LINE OF SAID STATE HIGHWAY 99, FOR THE NORTHWEST
CORNER OF SAID CALLED 7.661 ACRE TRACT, THE SOUTHWEST CORNER OF THE
HEREIN DESCRIBED TRACT, AND THE BEGINNING OF A NON -TANGENT CURVE TO
THE RIGHT;
THENCE, NORTHEASTERLY, ALONG THE EASTERLY R.O.W. OF SAID STATE
HIGHWAY 99, WITH SAID CRUVE TO THE RIGHT, HAVING A RADIUS OF 3,619.72
FEET, A CENTRAL ANGLE OF 11 DEG. 11 MIN. 18 SEC., AN ARC LENGTH OF 706.83
FEET, AND A CHORD BEARING AND DISTANCE OF NORTH 18 DEG. 24 MIN. 32 SEC.
EAST - 705.70 FEET TO THE POINT OF BEGINNING AND CONTAINING 15.70 ACRES
OR 683,825 SQUARE FEET OF LAND.
1