Res 2016-164/approving a Development Agreement between the City and Walton Texas LP, Walton Silver Crossing LP, Walton TX Austin Land LP, Walton TX Martindale LP, and Walton Texas Martindale LP 2 for approximately 2,358 acres out of the William Pettus Le

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FN NO. 14-206 (MJR) JUNE 12 , 2014 PAGE 2 OF 18 THENCE, S41°17 ' 23"E, leaving the southerly right-of-way line of the Union Pacific Railroad, along the southwesterly right-of-way line of Valley Way Drive, being the northeasterly line of said 91 . 99 acre tract, for the northeasterly line hereof, a distance of 2788 . 12 feet to a 5/8 inch iron rod in the northwesterly line of a 130 . 59 acre tract of land, conveyed to David Matthew Best by Deed of record in Volume 269, Page 127 of said Official Public Records, being the easterly corner of said 91 . 99 acre tract and hereof; THENCE, S48°21' 22"W, leaving the southwesterly right-of-way line of Valley Way Drive, along the northwesterly line of said 130 .59 acre tract, being the southeasterly line of said 91 . 99 acre tract, for a portion of the southeasterly line hereof, a distance of 1361 . 88 feet to the southerly corner of said 91 . 99 acre tract and the northerly corner of said 4 . 56 acre tract, for an angle point hereof; THENCE, leaving the southerly corner of said 91 . 99 acre tract, along the northeasterly and southeasterly lines of said 4 . 56 acre tract, for a portion of the southeasterly line hereof, the following two (2) courses and distances : 1) S41°07' 40"E, a distance of 322 .45 feet to a 5/8 inch iron rod for the easterly corner of said 4 . 56 acre tract, and an angle point hereof ; 2) S48°22 ' 55"W, a distance of 616 . 59 feet to the southerly corner of said 4 . 56 acre tract, being a northwesterly corner of said 130 . 59 acre tract, in the northeasterly line of an eight (8) yard by one-hundred ten (110) yard Strip of land reserved to O.M. Hoffman by Deed of record in Volume 229, Page 244 of said Official Public Records, said Strip also being described as part of Tract II , in a Deed to Hoffman Family Trust 1994 , of record in Volume 127, Page 436 of said Official Public Records, for an angle point hereof; THENCE, along a portion of the northeasterly, northwesterly, and southwesterly lines of said Strip, being a portion of the southwesterly line of said 4 . 56 acre tract, and a portion of the southeasterly line of said 87 . 92 acre tract, for a portion of the southeasterly line hereof, the following three (3) courses and distances : 1) N41°10' 09"W, a distance of 11 . 86 feet to the northerly corner of said Strip, for an angle point hereof; 2) S48°19' 26"W, a distance of 23 . 99 feet to the westerly corner of said Strip, for an angle point hereof;