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HomeMy WebLinkAboutMINUTES - 08111998 - C111 �w l l of THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY9 CALIFORNIA Adopted this Order on AM ST 11, 1998 ,�. • by the following vote. AYES: SUpERVISO S uILKEm, GERBER, DESAULNIER, CANCIAMILLA and ROGERS NOES: NOM ABSENT: NWE ABSTAIN: NOW RESOLUTION 98/428 SUBJECT: Property Tax Exchange Agnmro tt with the City of San Ramon for Annexations in Dougherty Valley Area. WHEREAS, the attached property tax exchange agreement Is the culmination of several years of negotiations between the County and the City of Sera Ramon, THEREFORE, BE IT RESOLVED THAT THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY approve the attach*d agreement which Well govern the allocation of property tax rmnue in the Daugherty Valley Area. I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: ;.. �. PHIL BATCHE A, Clerk of the Board of Supervisors and County Administrator gy -Deputy CC: Auditor-Controller Treasurer�Tax Collector County Rerder CAC?-Tony Enea CamnYnity Develop hent RESOLUTION 98/428 MASTER PROPERTY TAX TRANSFER AGREEMENT FOR ALLOCATION OF PROPERTY TAXES BETWEEN THE COUNTY OF CONTRA COSTA AND CITY OF SAN RAMON FOR ANNEXATIONS IN THE DOUGHERTY VALLEY AREA (R.&T.C. Sec. 99(d)) B `i ' By Resolution � adopted by the Board of Supervisors of the County of Contra Costa, and by Resolution - dopted by City Council of the City of San Ramon, the County of Contra Costa (County) and the City of San Ramon (City) agree as follows: 1. Purpose This Agreement is in contemplation of the development of the Dougherty Valley Area (the "Area") described in Exhibit A hereto. The parties hereto wish to avoid the expense and delay of negotiating a separate property tax transfer agreement for each annexation to the City in the Area and to avoid the uncertainties of whether such agreements can be reached in time to allow orderly, planned development. Accordingly,.the parties intend that this master property tax transfer agreement under authority of Revenue and Taxation Code Section 99(d) shall govern the allocation of property tax revenues between the County and the City for all annexations to the City completed in the Area during the time in which this Agreement is effective. This Agreement is intended only to allocate, as between County and City, the 1% general ad valorem property tax as portions of the Area are annexed into i the City of San Ramon. It is not intended to affect or to be affected by any supplemental funding such as a special tax, assessment, or other revenue mechanism collected or imposed in the Area. 2. Duration of Agreement This Agreement shall terminate when all annexations in the Area have been completed or at such sooner time as the parties may mutually consent to termination. Any annexations completed prior to termination of this Agreement shall continue to be subject to the distribution of property taxes established by this Agreement. 3. Definitions To the extent not inconsistent with the definitions set forth hereinbelow, the definitions of California Revenue & Taxation Code Sections 95 and 75.1-75.9 and of Government Code Sections 5601056081 shall apply herein. The following additional definitions shall apply: a. "Tax Allocation Factors" shall mean the proportions established pursuant to R.&T.C. Sec. 96.5 for the allocation of Annual Tax Increment. b. "Base tax" shall mean the property taxes allocated for the tax year in the territory to be annexed pursuant to R.&T.C. Sec. 96.1(a). c. "Annual tax increment" ("ATI" or "increment") shall mean the property taxes allocated for the tax year in the territory to be annexed pursuant to R.&T.C. Secs. 96.1(b), 96.2 and 96.5. 2 d. "Supplemental Roll Taxes" shall mean the property taxes collected for the tax year in the territory to be annexed, which are apportioned under R.&T.C. Secs. 75.70(c). e. "Regular Roll Taxes" shall mean the property taxes, except Supplemental Roll Taxes, for the tax year in the territory to be annexed. f. "Tax year" shall mean the annual period from July I through the succeeding June 30. g "Dissolved County Service Area" shall mean the part of any County Service Area which is dissolved upon annexation of territory of the Service Area to the City. h. "Annexation" shall mean the annexation to the City of San Ramon of a portion of the Area, as part of the Dougherty Valley Development, which this Agreement contemplates. i. "First Tax Year" shall mean the tax year in which property tax revenues are first distributed to the City as a result of an Annexation. The First Tax Year will normally be the tax year beginning July I of the calendar year after the calendar year in which an Annexation is completed. j "County Pre-annexation Share"-shall mean the property taxes the County would have received in the Annexation area if the allocation to CSA M-29 and annexation to the City had not occurred. 4. Annexations The parties intend that each Annexation is to be initiated by the owner of the property at the time the final subdivision map for a portion of the Area is 3 approved. The annexed territory thus is intended to be a part of the City by the time of enrollment of the increased valuation resulting from the development. 5 . Division of Tax Revenues In the First Tax Year Notwithstanding any previous allocation of County property taxes to CSA M-29, for the First Tax Year for any Annexation the division of Regular and Supplemental Roll tax revenues between the County and City for each tax rate area in the territory of the Annexation shall be as follows: a. Regular Roll Taxes 1) Base Tax The City shall receive so much of the County Pre-annexation Share Base Tax as will make the total City Base Tax equal to 4 % of all Base Tax allocated in the tax rate area for the tax year, and the County shall retain the remainder of the County Pre-annexation Share Base Tax, including any Base Tax then allocable to CSA M-29. 2) Annual Tax increment The City shall receive so much of the County Pre-annexation Share annual Tax Increment as will make the total City Annual Tax Increment equal to 4 % of all Annual Tax Increment allocated in the tax rate area for the tax year, and the County shall retain the remainder of the County Pre-annexation Share Annual Tax Increment, including any Annual Tax increment then allocable to CSA M-29. b. Supplemental Roll Taxes 4 _. . . .......... . ._. _ ... .. .. ... ... The supplemental roll taxes for the tax year from the territory of the Annexation will be distributed to the City and County as part of the overall supplemental roll tax distribution made under R.&T.C. Sec. 75.70(c). c. Tax Allocation Factors For each tax rate area in the territory of the Annexation, new City and County Tax Allocation Factors will be established for the First Tax Year pursuant to R.&T.C. Sec. 96.5, reflecting the forgoing division of property taxes between the City and County. Until (and if) changed by subsequent boundary changes or legislation, such Tax Allocation Factors shall be used for the division of Annual Tax Increment for subsequent years (see Pars. 6.a.2) and 6.b.2) herein). 6. Division of Property Tax Revenues In Years Subsequent to the First Tax Year Notwithstanding any previous allocation of County property taxes to CSA M-29, for the years subsequent to the First Tax Year for any Annexation the division of Regular and Supplemental Roll tax revenues between the County and City for each tax rate area in the territory of the Annexation shall be as follows: a. City's Property Tax Revenues For tax years succeeding the First Tax Year the City shall receive from each tax rate area in the territory of the Ann..exation the total of the following: 1) An amount of Base Tax equal to the total of the Base Tax and ATI the City received in the prior tax year from the tax rate; provided, however, that County shall receive the City's Base Tax to the extent the City's Base Tax exceeds 4 % of the total Base Tax allocated in the tax rate area for the tax year. 5 2) An amount of Annual Tax Increment determined by multiplying the City's Tax Allocation Factor for the tax rate area by the change in taxes due to assessed value growth in the tax rate area since the prior tax year, provided, however, that County shall receive the City's Annual Tax Increment to the extent the City's Annual Tax Increment exceeds 4 % of the total Annual Tax Increment allocated in the tax rate area for the tax year. 3) CSA M-29 shall receive no portion of the County Pre-annexation Share of Annual Tax Increment or Base Tax. b. County's Property Tax Revenues For tax years succeeding the First Tax Year the County shall receive from each tax rate area in the territory of the Annexation the total of the following: 1) An amount of Base Tax equal to the total of the Base Tax and ATI the County received in the prior tax year from the tax rate, plus any of City's Base Tax exceeding 4 % of the total Base Tax allocated in the tax rate area for the tax year. 2) An amount of Annual Tax Increment determined by multiplying the County's tax allocation factor for the tax rate area by the changein taxes due to assessed value growth in the tax rate area since the prior tax year, plus any of City's Annual Tax Increment exceeding 4 % of the total Annual Tax Increment allocated in the tax rate area for the tax year. 3) The County shall receive any Annual Tax Increment and Base Tax to which CSA M-29 might have been entitled if there had been no annexation to the City of San Ramon. 6 7. Potential Legislative and Legal Action The parties recognize that future legislation, including (but not limited to) legislation regarding State Assistance and/or the Educational Revenue Augmentation Fund, may change the distribution of property tax revenues in a manner that would reduce the distributions made to CSA M-29 and/or to the City for Annexations completed under this Agreement. In the event of such legislation, the City agrees that, notwithstanding the foregoing specification of property tax allocations: a. If the 4% of total property taxes allocated to CSA M-29 is reduced by such Legislation, the County 1) shall have no obligation to transfer County property taxes in order to bring the M-29 share back up to 4% and 2) shall have no obligation to otherwise reimburse or make CSA M-29 whole as to such reduction. In event such Legislation reduces the M-29 share of property taxes, only that reduced share shall be transferred to the City upon annexation and the County 1) shall have no obligation to transfer County property taxes in order to bring the City's share back up to 4% and 2) shall have no obligation to;otherwise reimburse or make the City whole as to such reduction. b. If the property taxes allocated to the City pursuant to this Agreement is reduced by such Legislation, the County 1) shall have no obligation to transfer County property taxes.its order to bring the City share back up to 4% and 2) shall have no obligation to otherwise reimburse or make the City whole as to such reduction. In the event that future legislation reduces the amount of property taxes that the County would receive under this Agreement from the territory annexed to the City under this Agreement (the "Agreed Amount' specified hereinabove), City agrees that the Auditor shall make such adjustments to the allocations as will insure that the County continues to receive the Agreed Amount from the territory annexed to the City under this Agreement City agrees that it will at no time seek to change this Agreement either by legislative or legal action. City further agrees that it will not attempt to obtain the benefit of any legislative or case law (eg, reported appellate cases) changes that may affect this Agreement. In the event City does seek to change this', Agreement and County incurs any expense related thereto (including, but not limited to, attorney time and costs), City agrees to reimburse County fully for such expenses. 9. Effective Date The effective date of this Agreement is July 20, 1997. 10. Inconsistencies Between This Agreement and the MOU, Settlement Agreement, or other agreements In event of any inconsistency between this Agreement and the Memorandum of Understanding ("MOU") between the County, the City of San Ramon and the developers of the Dougherty Valley area, which addresses many aspects of development in the Daugherty Valley area (including division of property taxes), the provisions of this Agreement shall prevail. In event of any inconsistency between this Agreement and.the Master Settlement Agreement (dated May 11, 1994) between the County, City of San Ramon, City of Danville and the developers of the Dougherty Valley area ("MSA"), the provisions of this Agreement shall prevail. In event of any inconsistency between this Agreement and any other agreement between the County and City of San Ramon and/or the developers of the Dougherty Valley area, which addresses any aspect of development in the Dougherty Valley area, the provisions of this Agreement shall prevail. 8 ................................................ 11. Severability If any cruse, sentence or paragraph of this Agreement is held void or unenforceable by a court of law, the parties intend that the remainder of this Agreement shall continue to have full operative effect. Dated: Dated: City of San Ramon County of Contra Costa f BY: BY: Ri id � ieb9lEgBoard Attest. attest. t"C ) ATT PH tt $ATCN -R,Cfcnk o't Board of UPOMsors And County A MIMStrator ty Clerk By .cept3eputy Approved as to farm City Attbrne � a dvpsmbrevmod:#0117/97-F(mod.7131198) 9 RESOLUTION NO. 98-96 A RESOLUTION OF THE CITY OF SAN RAMON APPROVING MASTER PROPERTY TAX EXCHANGE AGREEMENT BETWEEN THE CITY OF SAN RAMON AND CONTRA COSTA COUN'T'Y RELATING TO THE ANNEXATION OF DOUGHERTY VALLEY WHEREAS,on May 11, 1994,the City of San Ramon,the Town of Danville. the County of Contra Costa, Windemere Ranch Partners and Shapell Industries. Inc., entered into an agreement to settle litigation(Town of Danville. et al. v. County of Contra (`rr�ta.et al.,No. C93- 40231); and WHEREAS, Revenue and Taxation Code §99{d}as well as Sections 3.3.5 and 4.2.5 of the Settlement Agreement require that the City of San Ramon and Contra Costa County enter into a property tax exchange agreement prior to any annexation of Dougherty Valley; and WHEREAS, an application for annexation to the City of San Ramon of approximately 74 acres comprising the first four approved final subdivision maps is pending before LAI{CO; and WHEREAS, the property tax exchange agreement between the City and Contra Costa County was presented to and considered by the City Council on July 28, 1998. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of San Ramon does hereby approve the master property tax exchange agreement between the City of San Ramon and Contra Costs County relating to the annexation of Dougherty Valley. BE IT FURTHER RESOLVED that the Mayor is authorized to execute the master property tax exchange agreement on behalf of the City of San Ramon. l /Ixtz�L,y Lzflf� t(:ut f/xit 111 4 iuLL, hae and ua�4E�I tt -.-P i-f l CLfu �( .... ... .. . .. ...... ................ PASSED,APPROVED AND ADOPTED on this 28" day of July. 1998, by the following votes: AYES: Councilmembers Hudson, Kinney, Raab and Vice Mayor Athan NOES: None ABSENT: Mayor Welm ABSTAIN: None Byron Athan, Vice Mayor ATTEST: dy Mayarlane, Citylerk � 2 ............................... V) co < iL co z c�t6 Z 0 sc, o x 'C'g, oz Z. ul z 0 r� ce Z 0 C14 z z z 0. z u < 0 0 z tY U3 (" M Lj Ir WO 0-1 w 0 Catera 10 z ir z w z I z > U3 0 < < lW Iz- trl 2zt 40 0 0 -,i 9 N CS a.- cl < R 6< % p cz 6z cR4 C z 8 �s .0� z W,60 1'- mwm z z tzsC) 10 wln P-4 Z z u 00: W Z r o 11 11 if -co\ 4 cn\ <00 m i Q 0 uj a. z < Z t L'i zz n 0- a. re L� ou0. MP n- � <0 m < 81 u U w J-- z !y,\ 0 C3 W LI w uj tA z ca - ll PC cn 07- zg 0z 0 m 6 5 m Z -e mo \!2 to Cl o,wm2 'M -Jt z Z- :22 < <t;, < 8 L'i K < a. < La La Z z w:x z Ef:E 000 (o .15 0 w uj z C, C, V; it if !t", Z It 1)114 it it 41 t2 ct bo!6,10 Zt U: Ch CZ) CN, 0 0 to cr,N Ito 0. P in N,NJ , - i� I z ZI "o N.00 q)'114C W) EN (3) I Lo C11 I tx)r43 N 00 ol C) cQ chi cl "n '-4to �i CS 3k �k oo, c5 vlz� to N t�o iz CN4 t k Ito - Co A* (o to 100 (C1 x —— ————— CS wiz;<�i CZ5 1z; 0� Cl�, C) ------e...- lit .01 to N%p) R)t, G ca to C, N czi ,z lz� If It S'4 ROAD 60, DOUGOERTY If it Q13 It IfS'N If cz� to N N Of ;Z 2 014 DF 98-L-9 5ma'tx3NNV\dvAlvNlANoNv3lvo1:f Local Agency Formation Commission Pagel of 5 Contra Costa County, California Legal Description Date: 5/29/98 Annexation to City Of San Raman EXHIBIT "A" All that real property situate in the unincorporated area of the County of Contra Costa, State of California, described as follows: All of Lots 1 thru 42 ,a portion lot Lot 51. Parcels A, B,C,Bollinger Canyon:Road. S. Gale Ridge Road,N. Chanterella Drive, Sorrelwood Court, Rosincress Drive, Sorrelwood Drive, Canna Way, of that reap entitled " Subdivision 7796 ", filed October 29, 1997 in Book 395 of Maps at page 47 in said County. All of Lots 1 thru 79, Parcel A, Black Calla Court, Watercress Place, Dewberry Drive, Wineberry Drive, of that flap entitled" Subdivision 7979 `°, filed October 29, 1997 in Book 396 of Maps at Page l in said County. All of Lots 1 thru 25, Parcel A, Sorrelwood Drive, of that map entitled " Subdivision 7980". filed October 29, 1997 in Book 396 of Maps at Page 8 in said County. All of Lots 1 thru 45, Parcel A, N. Gale Ridge Road, Hedgecrest Drive, of that Map entitled " Subdivision 7981 ", filed October 29, 1997 in Book 396 of Maps at Page 13 of said County. More particularly described as follows: BiWani lg at a point on the Easterly boundary line of the City Of San Ramon said point also being the southwest corner of Bollinger Canyon Road as shown on that certain Map of Subdivision 7796; thence along the westerly boundary of Subdivision 7796 also being along the Easterly line of the City; of San Ramon as shown on"Canyon Lakes Phase VI Boundary Reorganization'(LAFCO 88-20)and "Canyon Lakese Plase VTI Annexation(LAFC 88-52)the following courses and distances: North 260 06'42" West 801.24 feet; Thence leaving said Easterly line of the City of San Ramon along a non-tangent curve to the right whose radius point bears South 40°3430" East 605.00 feet,through a central angle of 9°02'34" an arc length of 95.48 feet; Thence North 58°28'04" East 44.79 feet; VV085-95\951051\$VRVEYICM ANX Page 2 of 5 Annexation to City Of San Ramon EXHIBIT"X' Thence along a curve to the left whose radius is 120.00 feet,through a central angle of 63"00'54" an arc length of 131.98 feet; Thence North 04' 32' 50" West 34.22 feet; Thence along a curve to the left whose radius is 300.00 feet,through a central angle of 18*38'56" an are length of 97.65 feet; thence North 23'11'46" West 22.15 feet; Thence along a curve to the right whose radius is 130.00 feet, through a central angle of 14'12'56" an arc length of 32.25 feet; Thence North 08" 58' 50" West 8.52 feet; Thence North 86' 51' 53" East 191.88 feet; Thence North 431 02' 18" East 53.61 feet; Thence North 47* 33' 51" East 136.33 feet; Thence North 54' 20' 32" East 153.61 feet; Thence South 37' 5549" East 29.79 feet; Thence North 861 3839" East 24.04 feet; Thence along a non-tangent curve to the right whose radius point bears North 86038'39" East 484.00 feet,through a central angle of 9148'48" an arc length of 82.90 feet; Thence North 06' 2727" East 24.41 feet; Thence North 34* 23' 17" West 12.00 feet; Thence along a non-tangent curve to the right whose radius point bears North 13'26'07" East 328.00 feet, through a central angle of 0401411" an arc length of 24.25 feet; Thence North 17'40' 18" East 64.00 feet; Thence along a non-tangent curve to the left whose radius point bears North 17'40'18" East 264.00 feet,through a central angle of 109'46'37" an arc length of 505.82 feet; Thence North 87' 53' 41" East 64.00 feet; Thence South 63153' 56" East 101.77 feet; Thence South 60"09' 42" East 96.49 feet; Thence South 47' 17' 13" East 96.36 feet; Thence South 32* 3937" East 96.15 feet; Thence South 261 19' 32" East 609.69 feet; Thence South 30" 56' 19" East 80.26 feet; Thence South 410 58' 29" East 81.00 feet; Thence South 23* 58' 28" East 77.93 feet; Thence South 16*44' 09" East 89.04 feet; Thence South 22* 2324" East 77.06 feet; Thence South 18" 39'40" East 90.04 feet; P WD5MM105 IZUILVEYTITY ANX Page 3 of 5 Annexation to City Of San Ramon aEd.iiHIBIiJ"Ar Thence South 11° 44' 02'" East 90.97 feet; Thence South 03° 15' 20" East 78.55 feet; Thence South 07° 45' 11" West 121.46 feet; Thence South 00° 09' 03" East 26.55 feet; Thence North 89°26'51" East 808.01 feet; Thence North 00°29'03" 31.92 feet; Thence North 12°5352" East 128.19 feet; Thence North 08°34'44" East 130.04 feet; Thence North 09°09'57" West 126.91 feet; Thence North 00°09'59" West 71.49 feet; Thence North 18°24' 15" East 58.59 feet; Thence North 4612947" East 175.09 feet; Thence North 29° 3444" East 191.19 feet, Thence North 47° 48' 03" East 54.25 feet; Thence North 45° 55' 30" East 73.25 feet; Thence South 30' 14' 46" East 87.16 feet; Thence along a non-tangent curve to the right whose radius point bears South 34°51'43" East 106.00 feet, through a central angle of 5510'50" an arc length of 102.09 feet; Thence South 691 40' 53" East 44.31 feet; Thence North 65" 19' 07" East 17.82 feet; Thence North 20" 19' 07" East 126.40 feet; Thence South 69" 40' 53" East 64.00 feet; Thence South 201 19' 07" West 255.09 feet; Thence along a curve to the left whose radius is 180.00 feet,through a central angle of 48°37 13" an arc length of 152.75 feet; Thence South 28*18'06" East 344.58 feet; Thence along a curve to the right whose radius is 560.00 feet,through a central angle of 10'02'16" an are length of 98.11 feet; Thence South 18° 15' 50" East 23.12 feet; Thence along a curve to the right whose radius is 848.00 feet, through a central angle of 2°4952" an arc length of 41.90 feet; Thence South 15° 25' 59" East 8.38 feet; P'Ut185.95t9S t OS!15iSRL'EYCiTY.AN3{ Page 4 of 5 Annexation to City Of San Ramon EXHIBIT"A! Thence along a curve to the left whose radius is 20.00 feet,through a central angle of 92'11'39" an arc length of 32.18 feet; Thence along a curve to the left whose radius is 1796.00 feet, through a central angle of 04'20'32" an arc length of 136.11 feet; Thence North 681 01' 51" East 790.18 feet; Thence along a curve to the right whose radius is 1982.00 feet,through a central angle of 02115'57" an arc length of 78.38 feet; Thence South 00' 00' 00" West 198.90 feet; Thence along a non-tangent curve to the left whose radius point bears South 21'51'25" East 1475.00 feet, through a central angle of 00"06"'44 an arc length of 2.89 feet; Thence South 681 OF 51" West 791.24 feet Thence along a curve to the left whose radius is 1982.00 feet, through a central angle of 01'18'3 1 an arc length of 45.27 feet; Thence South 20' 3938" East 8.00 feet; Thence along a non-tangent curve to the right whose radius point bears North 20"39'38" West 1990.00 feet, through a central angle of 00'43"'11 an arc length of 25.00 feet; Thence North 190 5627" West 8.00 feet; Thence along a non-tangent curve to the right whose radius point bears North 19'56'27" West 1982.00 feet. through a central angle of 02'47'27" an arc length of 96.54 feet; Thence along a curve to the leftwhose radius is 20.00 feet, through a central angle of 88'16'58" an arc length of 30.82 feet; Thence South 15' 2558" East 207.55 feet; Thence along a curve to the left whose radius is 268.00 feet,through a central angle of 28120'25" an arc length of 132.56 feet; Thence South 4314623" East 55.48 feet; Thence along a curve to the right whose radius is 487.00 feet,through a central angle of 47'34'11 an arc length of 404.33 feet; Thence South 03"47'47" West 54.60 feet; Thence along a curve to the right whose radius is 342.00 feet,through a central angle of 46'50'57" an arc length of 279.64 feet; Thence South 50* 38' 44" West 58.08 feet; P'1l08S45k95I05I1SUft\TY\CITY ANX Page 5 of 5 Annexation to City Of San Ramon EXHIBIT "A" Thence North 39°21'16" West 60.99 feet; Thence along a non-tangent curve to the left whose radius point bears North 44°08'39" West 283..00 feet, through a central angle of 17150'12"an arc length of 88.10 feet; Thence North 28101'09" East 155.16 feet; Thence along a curve to the left whose radius is 188.40 feet,through a centralangle of 24'1322" an arc length of 79.48 feet; Thence North 031 4747" East 7.23 feet; Thence along a curve to the right whose radius is 423.00 feet, through a central angle of 47034'10" an arc length of 351.19 feet; Thence forth 43° 46' 23" West 93.40 feet; Thence along a curve to the right whose radius is 332.00 feet, through a central angle of 28°20'25" an arc length of 164.22 feet; Thence North 15° 2558" Vilest 174.24 feet; Thence along a curve to the left whose radius is 20.00feet, through a central angle of 88°13'31" an arc length of 30.80 feet; Thence along a curve to the right whose radius is 1982.00 feet,through a central angle of 13°06'20" an arc length of 453.35 feet; Thence South 89° 26' 51" West 1609.87 feet; Thence South 000 33' 09" East 8.00 feet; Thence South 89° 26' 51" West 25.00 feet; Thence North 00° 33' 09" West 8.00 feet; Thence South 89° 2651" West 940.74 feet to the Southwesterly corner of said Bollinger Canyon Road and the point of Be inner. 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