REQUEST FOR PROPOSALS Parcel 27A – inside Ramp F and Ramp KK Boston, Massachusetts Addendum 1 December 3, 2015 The following amendments, additions, and clarifications are hereby made to the “Request for Proposals; October 2015; CA/T Parcel 27A Boston, MA” (together with all figures, appendices, and prior addenda attached thereto, the “RFP”) issued by the Massachusetts Department of Transportation (“MassDOT”). This Addendum 1 and all attachments to it are hereby made a part of the RFP. To the extent that there is any conflict or inconsistency between this Addendum 1 and the text of the original RFP, the language of this Addendum shall govern. In all other respects the content and requirements of the RFP remain unchanged. Capitalized terms in this Addendum 1 shall have the meanings set forth in the RFP. All Reservations and Conditions in Section IV of the RFP shall apply fully to the information in this Addendum 1. References to section, subsection, paragraph, subparagraph, or page numbers or names are to those in the RFP unless otherwise noted. MassDOT does not warrant the accuracy, currency, completeness, or correctness of any of the information in this Addendum 1. Appendix B: Written Questions and MassDOT Written Response 1. Written Question: Can MassDOT please clarify which portion of the Parcel (State Highway Layout) is eligible for the construction of an outdoor advertising structure? (RSA Media) MassDOT Response: Only property outside of the State Highway Layout (the “SHLO”) is eligible for the construction of an outdoor advertising structure. A portion of the Parcel has been excluded from the SHLO as depicted in Figure 4 attached to the RFP. Additional regulatory, environmental, and structural issues will determine which portion of the Parcel excluded from the SHLO will be eligible for the construction of an outdoor advertising structure. In particular, environmental issues codified in the attached NORUU (Appendix C) are subject to an agreement with MassDEP. The Selected Developer will be required to prepare the actual outdoor advertising structure design in direct consultation with MassDOT staff and consultants. All information regarding site conditions provided in the RFP and Addendum 1 is intended for preliminary planning purposes in the preparation of the Proposal in response to this RFP. It does not represent definitive information for use in actual building design and construction, and MassDOT is not responsible for the accuracy, currency, or completeness of this information. 2. Written Question: Will potential bidders have access to the parcel before bids to determine the feasibility of constructing and outdoor advertising structure? (RSA Media) Answer: No, however the Selected Developer will be granted access to the Parcel for a due diligence period of 90 days prior to the design and construction of outdoor advertising structures. 3. Written Question: Should MassDOT decide to redevelop Parcel 27A and terminate the license agreement prior to expiration, will the licensee be reimbursed for any unamortized costs by MassDOT? (RSA Media) Answer: No, however, MassDOT would reimburse Licensee any pro rata share of rent paid in the event that the license is terminated for the redevelopment of the Parcel. 4. Written Question: Has MassDOT consulted with the City of Boston with regards to this RFP and if so, was any feedback received from the city in terms of permitting? (RSA Media) Answer: As stated in Section I.C of the RFP, Licensee shall be solely responsible, including financially responsible, to obtain and all applicable federal, state and city permits, approvals, licenses and reviews necessary for its proposed use. This includes local permitting with the City of Boston. 5. Written Question: Please confirm whether the minimum guaranteed fee is to be paid annually or quarterly? (RSA Media) Answer: Quarterly. See Appendix A: Form License Agreement Section 1.10 “License Fee” 6. Written Question: Section I (C) of the Overview portion of the RFP mentions a “Notice of Restriction Upon Use” related to the subject parcel. Please describe the nature of the NORUU and the involved restrictions. (Out Front Media) Answer: See attached NORUU (Appendix C) which details the restrictions placed on the property and permitted uses due to the presence of oil and/or hazardous material including asbestos. In general, soil disturbance or use of the property as a residence requires evaluation or oversight by a Licensed Site Professional (LSP) and will likely require a Release Abatement Measure (RAM) be developed in accordance with the Massachusetts Contingency Plan (MCP) 310 CMR 40.0440 and implemented during construction. Portions of the parcel contain a marker layer or “cap” which should be maintained and/or replaced as needed. Any soil disturbance or disposal may entail management of asbestos or other contamination which may trigger additional regulatory and health & safety training and procedures including proper soil disposal. 7. Written Question: Please describe any other conditions on the parcel (other than the NORUU) that could affect the construction and operation of either digital or static advertising signs thereon. (Out Front Media) Answer: Please refer to Section I.C of the RFP. MassDOT will provide the Selected Developer access to the Parcel for a due diligence period of 90 days prior to the design and construction of outdoor advertising structures. 8. Written Question: Section II (A) of the License terms portion of the RFP states that the option to extend will be exercised mutually (i.e. by both parties). Section 3 of the attached proposed form License Agreement provides, however, that the option to extend is exercised unilaterally by the Licensee. Is the option unilateral to the Licensee (assuming it is not in default)? (Out Front Media) Answer: The option to extend can only be exercised mutually. 9. Section II C of the RFP reserves the right of MassDOT to allow others to use the Licensed Premises. Will MassDOT agree that any other use of the Licensed Premises will not interfere with the Licensee’s use? (Out Front Media) Answer: Please refer to Section 8 of the Outdoor Advertising License attached to the RFP as Appendix A. 10. Written Question: Section IB allows for Outdoor Advertising during the interim until such time as the parcel is utilized for large scale development. Have any plans of this nature been discussed and if so, what are they and when would they be implemented? (Out Front Media) Answer: MassDOT has no plans for the lease and large scale development of the Parcel at this time. 11. Written Question: Section II (F) of the RFP makes Licensee solely responsible for real estate taxes. To what extent will Licensee be able to benefit from Mass Dot’s tax exemption and what assistance will MassDOT provide in assisting the Licensee to secure such tax benefit. (Out Front Media) Answer: Please refer to MGL 6C Section 46. 12. Written Question: Section II (I) states that the License will not be assignable by the Licensee. Will MassDOT agree to allow Licensee to assign the License to an entity controlled, controlling or under common control with the Licensee? (Out Front Media) Answer: MassDOT would most likely allow the Licensee to assign the License to an entity controlled, controlling or under common control with the Licensee but reserves the right to negotiate the conditions under which this would be permitted during lease negotiations. 13. Written Question: Section 3.4.A: In addition to the $10,000 fee deposit, upon MassDOT request the bidder must supplement that deposit to pay all third party costs. Please provide examples of these third parties costs along with either historic values or estimates of these costs. (Out Front Media) Answer: Third party costs will likely be limited to outside legal counsel and design and engineering review. MassDOT cannot estimate the value of the third party costs. 14. Written Question: Section 3.4.B: In addition to the $10,000 Bid Deposit and $25,000 Selection Deposit, MassDOT reserves the right to require the bidder to provide a non­ refundable Performance Deposit. What are the parameters of this Performance Deposit? Specifically what would it be for and what do you anticipate as the value? (Out Front Media) Answer: Please refer to Sections 1.11 and 4.6 of the Outdoor Advertising License attached to the RFP as Appendix A. 15. Written Question: Page 7.D Under Development Goals, proponents must demonstrate robust support from impacted communities. Please provide examples of the type of robust support you would like illustrated. Considering the site is located in the middle of multiple lanes of highway with the nearest structure being MassDOT’s District 5 Office, can bidders assume they will receive MassDOT’s robust support? Specifically, who else would you be looking for robust support from and in what form? Traditionally, municipalities have supported digital outdoor projects with the understanding they will benefit from the use of the digital advertising. In this situation, MassDOT already receives 15 hours per month per digital panel. The license agreement also included in the RFP includes 20 hours more per month of digital advertising. Is it the intent of the RFP to allow for the impacted communities to have access to and utilization of that 20 hours per month of ad space? (Out Front Media) Answer: MassDOT does not anticipate making digital advertising hours allocated for public service announcements available to any impacted communities. MassDOT would encourage bidders to develop programs or partnerships to allow communities to have access to digital advertising opportunities in addition to those available for public service announcements. MassDOT would encourage bidders to obtain written letters of support from local community groups and organizations to demonstrate robust community support. 16. Written Question: Section 1A: How will MassDOT determine “the highest responsible bidder”? Is this a discounted cash flow of the financial proposal? Furthermore, how will MassDOT weigh the value of the rent versus the value of the revenue share? Considering that the revenue share is a function of a firm’s ability to sell, how will MASSDOT compare one firm’s ability to another’s? (Out Front Media) Answer: MassDOT will determine the highest responsible bidder primarily using a discounted cash flow analysis of the guaranteed minimum rent payments. A secondary consideration will be the percentage revenue share proposed. 17. Written Question: Regarding checks being issued on a Massachusetts bank check, provided the bank has branches in Massachusetts, is that acceptable? (Out Front Media) Answer: Yes. 18. Written Question: Does MassDOT have any knowledge of environmental issues at this site and if so, what are they. (Out Front Media) Answer: Please refer to Section I.C of the RFP and the response to Question #6 including attached NORUU (Appendix C). 19. Written Question: What’s buried underneath the grass mound? (Out Front Media) Answer: Please refer to Section I.C of the RFP and the response to Question #6 including attached NORUU (Appendix C). 20. Written Question: Page 13 requests a purchase price for the parcel. Is there a buyout provision? (Out Front Media) Answer: No, however bidders may propose to accelerate rent payments so that MassDOT receives the total value of the proposal at the start of the license term. 21. Written Question: Section C.2 identifies the highest potential bidders as the highest net present value option that meets all development goals. Does this indicate that the proposal which included the highest base rent would ultimately be awarded the license? If not, please indicate the other factors and how those factors will ultimately be weighted in the award process? (Out Front Media) Answer: In addition to the highest base rent MassDOT will evaluate respondent’s efforts to respond to the Development Goals contained in Section I.D of the RFP. MassDOT will not dictate to respondents how best to address those goals but rather will look for creative, feasible proposals provided by respondents. Appendix C: Notice of Restriction Upon Use (NORUU) - Development Parcel 27A lll\ll'9lll~ Bk: 45667 Pg: 146 Doc: NOT 10/30/2009 02:09 PM 1 f9 Page: o Bk: 45667 Pg: 146 Attested hereto .} /J QU'~--._ ~de Francis M. Roacht Register of Deeds Notice of Restriction Upon Use Parcel Name: Development Parcel 27A, Boston ·c=ab=l=e_ _ _ _ _ __ DEP Release Tracking Number: -"""N.;..;::o=t-=-A~p'"""p=li= (if applicable) This Notice of Restriction Upon Use ("Notice") is made as of this~ day of October, 2009, by the Massachusetts Turnpike Authority, a body politic and corporate and public instrumentality of the Commonwealth of Massachusetts, organized under chapter 81A of the Massachusetts General Laws, (together with its successors and assigns, "MTA" or "Owner"). This Notice is expressly limited in its application and effect to Properties owned by MTA and/or its successors and assigns and located within the Central Artery /Tunnel Project 11 ( CA/T") Right-of-Way, as described in the Amended Memorandum of Understanding referenced below. WHEREAS, the Massachusetts Highway Department ("MHD") and the Massachusetts Department of Environmental Protection ("the Department") entered into an Amended Memorandum of Understanding executed in accordance with§ 3 (c) of the Massachusetts Oil and Hazardous Material Release Prevention and Response Act, Chapter 21E of the General Laws, ("the AMOU"), dated May 1997, a copy of which is on file and available for public review and inspection at the Department's Northeast Regional Service Center, 205B Lowell Street, Wilmington, Massachusetts; WHEREAS, a 1997 Project Management Agreement by and between MTA and MHD provides that MT A shall perform, or cause to be performed, its responsibilities under the Project Management Agreement, consistent with the terms and conditions under which MHD had previously carried out the CA/T Project, including any agreements, contracts, understandings agreed to or imposed on MHD relative to the CA/T Project. WHEREAS, MT A, with an address of Ten Park Plaza, Boston, Suffolk County, Massachusetts, is the owner in fee simple of certain parcels of land located in Boston, Suffolk County, Massachusetts, pursuant to an Order of Taking dated December 20, 1962 recorded with the Suffolk County Registry of Deeds on December 27, 1962 in Book mo, Page 172 (the "Property"); WHEREAS, the AMOU provides that Notices of Restriction Upon Use of certain properties or portions of properties taken for the CA/T Project be executed and recorded by MHD, as owner of the property. For the parcel described herein, the property is owned by MTA and the Notice of Restriction Upon Use will be executed and recorded by MTA; Page 1of6 Bk: 45667 Pg: 147 Notice of Restriction Upon Use WHEREAS, a portion of the aforesaid Property is subject to this Notice, said portion being particularly bounded and described in Exhibit A attached hereto and made a part hereof (the "Parcel"); WHEREAS, MHD/MTA have compiled all available environmental data for the Parcel and have provided such data in a report to the Deparbnent, from which data MHD/MTA have determined; a. No condition triggering an imminent hazard evaluation exists for the present or any planned future use as incorporated in this Notice; b. Available data are sufficient to be representative of the condition of the Parcel. The Department has reviewed and approved such data report, a copy of which is available at the Department's Northeast Regional Service Center located in Wilmington, Massachusetts; WHEREAS, on the basis of such data report, the Deparbnent has determined that one or more response actions have been implemented on the Parcel in accordance with the AMOU, which response actions shall include filing of this Notice by MTA, including the prohibition of certain uses and activities occurring in, on, through, over, or under the Parcel, and maintaining certain other requirements of this Notice. NOW, THEREFORE, notice is hereby given that the prohibited and permitted uses and activities at the Parcel, and other obligations applicable to the Parcel, are as follows: I. Prohibited Uses and Activities: 1. Use of the Parcel as a residence without an LSP evaluation. An LSP evaluation must include an assessment of the risks associated with residential use of this property with the existing contamination below 3 feet, including asbestos. Appropriate engineering controls and adjusted limitations on activities to control potential exposure pathways may be considered when evaluating the use of this property for residential use. IL Permitted Uses and Activities 1. Passive and active recreational activities including, but not necessarily limited to, activities on the paved or grassed areas, sitting on benches or sitting or lying on the ground surface; 2. Maintenance of grounds including minor re-grading, lawn maintenance, planting and seeding up to a depth of three feet below ground surface, removal or re-paving of walkways, replacement or repair of fencing with. intrusion limited to driving of posts; 3. Excavation associated with limited, short-term utility or construction work conducted in accordance with the requirements for Utility Related Abatement Page 2 of 6 Bk: 45667 Pg: 148 Notice of Restriction Upon Use Measures, Management Procedures for Remediation Waste, and all applicable worker health and safety requirements set forth in the Massachusetts Contingency Plan, 310 CMR 40.0000. Such excavated soil must be returned to its original depth in its entirety at the conclusion of the repair work. The geotextile marker layer must be replaced with a marker layer of like and comparable materials, construction, and specifications immediately following completions of the repair work; 4. Long-term activities and/or uses which are likely to involve the disturbance and/or removal of the soil located beneath the geotextile marker layer. These activities shall require development of a Soil Management Plan as specified in the Requirements for Maintaining Notice; 5. Uses and activities not expressly prohibited by this Notice; and 6. Such other uses and activities determined by an LSP to present no greater risk of harm to health, safety, public welfare, or the environment than the uses and activities prescribed by this Notice. III. Requirements for Maintaining the Notice: 1. Limited, short-term utility or construction work determined to be necessary within the Parcel shall be conducted in accordance with the requirements for Utility Related Abatement Measures, Management Procedures for Remediation Waste, and all applicable worker health and safety requirements set forth in the Massachusetts Contingency Plan, 310 CMR 40.0000; 2. Excavated soil must be returned to its original depth in its entirety at the conclusion of the repair work. The geotextile marker layer must be replaced with a marker layer of like and comparable materials, construction, and specifications immediately following completions of the repair work; 3. The Soil Management Plan shall be prepared by an LSP prior to the commencement of any activity that is likely to involve the disturbance and/ or removal of contaminated soil and shall describe soil excavation, handling, storage, transport and disposal procedures. 4. The Soil Management Plan must address handling of Asbestos-Containing Material if excavation is planned below 3 feet. The Plan must require all personnel engaged in the excavation, handling, and reuse of Asbestos-Contaminated Soil to have all training, certifications, medical examinations, personal protective equipment, and any other equipment, training or qualifications required under all applicable local, State, and Federal regulations as well as the Contractor's Hazardous Materials Health and Safety Plan. All work must be performed in accordance with current accepted Best Management Practices for the handling, control, and management of asbestos-containing material. Page 3 of6 Bk: 45667 Pg: 149 Notice of Restriction Upon Use N. Change(s) In Use and Activities: Any change(s) in permitted uses and/ or activities at the parcel, as set forth in paragraph II above, shall be reviewed by an l.SP, documented, and submitted to the Department. Where the l.SP review determines that a condition of increased exposure exists, an LSP Opinion must also be submitted to the Department. V. Incorporation Into Deeds, Mortgages, Leases, and Instruments of Transfer: This Notice shall be incorporated either in full or by reference into all deeds, easements, mortgages, leases, licenses, occupancy agreements, or any other instrument of transfer whereby an interest and/ or a right to use or occupy the Parcel or a portion thereof is conveyed. MTA hereby authorizes and consents to the filing and recording of this Notice, said Notice to become effective only after executed and recorded with the Suffolk County Registry of Deeds. IN WITNESS WHEREOF, the undersigned attests under the pains and penalties of perjury that the undersigned is fully authorized to execute and record this Notice and has caused this Notice of Restriction Upon Use to be duly executed as a sealed instrument under the laws of the Commonwealth of Massachusetts as of the ISTH day of October, 2009. MASSACHUSETIS TURNPIKE AUTHORITY COMMONWEALTH OF MASSACHUSETTS Suffolk SS. On this JS-r.sl day of October, 2009, before me, the undersigned notary public, personally appeared Jeffrey B. Mullan, the Executive Director of the Massachusetts Turnpike Authority, whose name is signed on the preceding document, and such person acknowledged to me that he signed such document voluntarily for its stated purpose. The identity of such person was proved to me through satisfactory evidence of identification, which was LJ photographic identification with signature issued by a federal orrite governmental agency, LJ oath or affirmation of a credible witness, or personal knowledge of the undersigned. ~ My commission expires: 'J/2k bbtO Page 4 of6 Bk: 45667 Pg: 150 THE COMMONWEALTH OF MASSACHUSETTS EXECUTIVE OFFICE OF TRANSPORTATION MASSACHUSETTS HIGHWAY DEPARTMENT DEVAL L. JAMES PATRICK A. ALOISI JR . GovcRNOA SECRETARY P. LUISA PAIEWONSKY TIMOT11Y MURRAY COMMISSIONER LIEUTENllN r GOVERNOR AFFIDAVIT I. My name is TANYA M. BARROS, and I am Director of Contracts and Records for the Massachusetts Highway Department (MassHighway), and as such I am the designated Keeper of the Records for MassHighway. My office is at the State Transportation Building at Ten Park Plaza, Boston, Massachusetts 02116. 2. This is to evidence that the records of MassHighway disclose and confirm that THOMAS DONNELLY is the Chief of Staff for Luisa Paiewonsky, the MassHighway Commissioner, and that as of this date, the aforesaid THOMAS DONNELLY is authorized and empowered to execute all documents for and on behalf of the aforesaid Luisa Paiewonsky, in her stead. 3. Accordingly, any and all documents presented as signed by THOMAS DONNELLY shall be considered as signed on behalf of Luisa Paiewonsky, MassHighway Commissioner, for all intents and purposes. DATE: October 30, 2009 SIGNErJ~1~ Director of Contracts and Records Keeper of the Records THE COMMONWEALTH OF MASSACHUSETIS Suffolk, ss. On this 30th day of October, 2009, before me, the undersigned notary public, personally appeared Tanya M. Barros, Director of Contracts and Records and Keeper of the Records for the Massachusetts Highway Department, whose name is signed above, and such person acknowledged to me that she signed such document voluntarily for its stated purpose. The identity of such person was proved to me through satisfactory evidence of identification, which was L_J photographic identificati~n with signatu~ued by a federal or state governmental agency, [_] oath or affinnation of a credible witness, or ~personal knowledge of the undersigned. ~ ~;;.__~....:...._.;...:..;.:.._+-"'~~~~~~~ Notary Public My commission expires: TELEPHONE: TEN PARK PLAZA, BOSTON, MA 02116-3969 (617) 973-7800 •TELEFAX: (617) 973-8040 •TDD: (617) 973-7306 • WWW.MHD.STATE .MA.US Bk: 45667 Pg: 151 Notice of Restriction Upon Use EXHIBIT A The Parcel that is subject to this Notice of Restriction Upon Use (referred to as "Development Parcel 27A" for purposes of this notice) consists of three parcels generally located at the interchange of Interstate Routes 90 and 93 to the south of Kneeland Street, shown as Excluded Areas No. I, 2 and 3 on a plan entitled: "THE COMMONWEALTH OF MASSACHUSETTS PLAN OF ROAD IN THE CITY OF BOSTON, SUFFOLK COUNTY, LAID OUT AS A STATE HlGHWA Y BY THE DEPARTMENT OF HIGHWAYS," dated October 4, 2007, consisting of 5 sheets, prepared in connection with State highway layout no. 6973, which plan was recorded in the Suffolk County Registry of Deeds on October 23, 2007, at plan book 2007, page 746. Said Excluded Areas No. 1, 2 and 3 are shown on sheets I and 2 of said plan (attached hereto) and are more particularly described in the instrument for said State highway layout no. 6973, recorded at book 42628, page 285, as follows: Excluded Area No. I begins at the southernmost corner of the parcel herein described, at a point bearing north 10°49'3411 west and 35.89 feet distant from station 22+78.66 of baseline F described in State highway layout no. 6973 referenced above, and extends thence northwesterly to northerly by a compound curve to the right along a radius of 333.00 feet with an arc length of 141.34 feet to a point bearing north on the 61°30'52" east and 25.00 feet distant from station 21 +00.00 of said baseline F; thence northerly by a curve to the right along a radius of 283.00 feet with an arc length of 99.02 feet to a point bearing north 80°49148" east and 25.00 feet distant from station I9+92.55 of said baseline F; thence south 80°49 148 11 west 10.00 feet to a point bearing north 80°49 148 11 east and 15 .00 feet distant from said station; thence northerly by a curve to the right (radial to the Iine back) along a radius of 296.00 feet with an arc length of 187 .67 feet to a point bearing south 61°55'57 11 east and 12.26 feet distant from station 17+96.00 of said baseline F; thence north 26°57'57 11 east (not tangent to the curve back) 31.39 feet to a point bearing south 55°53 115 11 east and 10.00 feet distant from station t 7+63.50 of said baseline F; thence northeasterly by a curve to the right (not tangent to the line back) along a radius of 298.00 feet with an arc length of 77 .50 feet to a point bearing south 40°59'13 11 east and 10.00 feet distant from station 16+83.40 of said baseline F; thence south 40°59113" east (radial to the curve back) 8.00 feet to a point bearing south 40°59 113 11 east and 18.00 feet distant from said station I 6+83.40 of said baseline F; thence north 50°59'02" east 19.95 feet to a point bearing south 37°02'43" east and 18.00 feet distant from station 16+62.21 of said baseline F; thence north 37°02'43 11 west 8.00 feet to a point bearing south 37°02143 11 east and 10.00 feet distant from said station l 6+62.21; thence northeasterly by a curve to the right (radial to the line back) along a radius of 298.00 feet with an arc length of 200.49 feet to a point bearing south 36°53'5211 west and 18.12 feet distant from station 84+54.21 of baseline KK described in said State highway layout no. 6973; thence south 32°13'57" east (not tangent to the curve back) 9.52 feet to a point bearing south 52°33'16 11 west 21.82 feet distant from station 84+69.01 of said baseline KK; thence continuing along said bearing 31.50 feet to a point 53.32 feet distant from said station 84+69.01; thence south 37°26'44 11 east 30.00 feet to a point bearing south 52°33'16 11 west and 57.42 feet distant from station 84+99.31 of said baseline KK; thence continuing along said bearing 20.00 feet to a point 77.42 feet distant from said station 84+99 .31; thence south 37°26'44 11 east 4 7.00 feet to a point bearing south 52°33'16 11 west and 75.46 feet distant from station 85+46.45 of said baseline KK; thence north 52°33' I 6" east 60.00 feet to a point 15.46 feet from said station 85+46.45 of said baseline KK; thence southeasterly by a curve to the right (not tangent to the line back) along a radius of 264.00 feet with an arc length of 62.29 feet and a chord bearing of north 22°45 140 11 west to a point bearing south 73°39'47 11 west and 13.97 feet distant from station 86+14.21 of said baseline KK; thence south 30°39'55 11 west (not tangent to the curve back) 485.92 feet to the point of beginning. Said parcel contains about 117,670 square feet. Page 5 of6 Bk: 45667 Pg: 152 Notice of Restriction Upon Use Excluded Area No. 2 begins at the southeastemmost comer of the parcel herein described, at a point bearing north 11°26'45" west and 10.00 feet distant from station 92+55 .96 of baseline KK described in State highway layout no. 6973 referenced above, and extends thence westerly by a curve to the right along a radius of 640.00 feet with an arc length of 128.08 feet to a point bearing north 00°01 '14" east and 10.00 feet distant from station 93+86.04 of said baseline KK; thence north 89°58'46 11 west (tangent to the curve back) 34.01 feet to a point bearing north 00°01 '14 11 east and 10.00 feet distant from station 94+20.05 of said baseline KK; thence north 04°38'44" east 227.87 feet to a point bearing south 81°00'32 11 east and 50.93 feet distant from station 77+50.37 of said baseline KK; thence north 77°54'46" east 5.44 feet to a point bearing south 77°54'46" west and 40.00 feet distant from station 20+ 11.85 of baseline F hereinbefore described; thence southerly by a curve to the left (not tangent to the line back) along a radius of 348.00 feet with an arc length of 99.60 feet to a point bearing south 61°30'52 11 west and 40.00 feet distant from station 21 +00.00 of said baseline F; thence southeasterly by a curve to the left (tangent to the curve back) along a radius of 398.00 feet with an arc length of 161.14 feet to the point of beginning. Said parcel contains about 15,540 square feet. Excluded Area No. 3 begins at the southeastemmost comer of the parcel herein described, at a point bearing north 74°41 '02 11 west and 29.00 feet distant from station 18+64.54 of baseline F described in State highway layout no. 6973 referenced above, and extends thence continuing along said bearing 8.60 feet to a point 37.60 feet from said station l 8+64.54; thence northerly by a curve to the right along a radius of 600.00 feet with an arc length of 108.61 feet to a point bearing south 71°04'5 l 11 east and 38.24 feet distant from station 8o+30.86 of baseline KK described in said State highway layout no. 6973, and extends thence south 71°04'5 l" east (radial to the curve back) 8.00 feet to a point 46.24 feet from said station 80+30.86; thence north 19°29'32" east 11.84 feet to a point bearing north 69°56'05 11 west and 45.57 feet distant from station 80+43.63 of said baseline KK; thence north 69°56'05 11 west 8.00 feet to a point bearing south 69°56'05" east 37.57 feet distant from said station 80+43.63; thence northeasterly to easterly by a compound curve to the right (radial to the line back) along a radius of 203.75 feet with an arc length of 187.00 feet to a point bearing south 17°20'57 11 east and 14.25 feet distant from station 82+47.81 of said baseline KK; thence continuing easterly by a curve to the right along a radius of 135.00 feet with an arc length of 102.49 feet to a point bearing south 11°47'30" west and 27.17 feet distant from station 83+58.69 of said baseline KK; thence southwesterly by a curve to the left along a radius of333.00 feet with an arc length of 141.51 feet to a point bearing north 37°02'43 11 west and 25.00 feet distant from station 16+62.21 of said baseline F; and extends thence north 37°02'43 11 west (radial to the curve back) 10.00 feet to a point bearing north 37°02'43 11 west 35.00 feet distant from said station 16+62.21; thence south 50°59'02 11 west 23.59 feet to a point bearing north 40°59'13 11 west and 35.00 feet distant from station 16+83.40 of said baseline F; thence south 40°59' 13" east 10.00 feet to a point 25.00 feet distant from said station l 6+83.40; thence southwesterly by a curve to the left (radial to the line back) along a radius of 333.00 feet with an arc length of 86.60 feet to a point bearing north 55°53'15 11 west and 25.00 feet distant from station 17+63.50 of said baseline F; thence south 37°32'27" west (not tangent to the curve back) 35.55 feet to a point bearing north 61°55'57 11 west and 29.00 feet distant from station l 7+96.00 of said baseline F; thence southerly by a curve to the left (not tangent to the line back) along a radius of337.00 feet with an arc length of75.00 feet to the point of beginning. Said parcel contains about 12,000 square feet. The total area of the Parcel is about 145,210 square feet, the sum of Excluded Areas No. l, 2 and 3. Page6 of6 Bk: 45667 Pg: 153 ----- Bk: 45667 Pg: 154