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 14 OF 18 1) N40°38 ' 48"W, a distance of 400 . 80 feet to an iron rod with "UDG 2433" cap; 2) N40°43 ' 42"W, a distance of 1287 . 69 feet to an iron rod for the southerly corner of Lot 6 of said Castle Hill Subdivision; THENCE, N48°32 ' 31"E, along the northwesterly lines of said 49 . 325 acre tract, said 49 . 330 acre tract, and said 47 . 271 acre tract , a distance of 3425 . 74 feet to an iron rod for the northwesterly corner of said 47 . 271 acre tract; THENCE, along a portion of the northerly line of said 47 .271 acre tract, the following three (3) courses and distances : 1) S41°01 ' 56"E, a distance of 227 . 58 feet to an iron rod; 2) S85°53 ' 10"E, a distance of 183 . 60 feet to an angle point; 3) N43°11 ' 02"E, a distance of 271 . 56 feet to the northeasterly corner of said 47 . 271 acre tract in the southwesterly right-of-way line of F.M. 1966 (80 ' R.O.W. ) ; THENCE, S40°51 ' 42"E, along the southwesterly right-of-way line of F.M. 1966, a distance of 1367 . 14 feet to the easterly corner of said 47 . 271 acre tract and northerly corner of a 1 . 0 acre tract of land conveyed to John M. Salazar Et . Ux. By deed of record in Volume 424, Page 100 of the Deed Records of said County; THENCE, S48°43 ' 20"W, leaving the southwesterly right-of-way line of F.M. 1966 , along a portion of the southeasterly line of said 47 .271 acre tract, a distance of 348 . 84 feet to an iron rod for the northwesterly corner of said 70 . 540 acre tract and the westerly corner of a 1 . 041 acre tract conveyed to Kelly J. Cansler Et . Ux. By deed of record in Volume 64 , Page 782 of said Official Public Records; THENCE, along the southerly lines of said 1 . 041 acre tract and the northerly lines of said 70 . 540 acre tract, the following two (2) courses and distances : 1) S41°01 ' 59"E, a distance of 256 . 81 feet to an iron rod; 2) N47°37 ' 30"E, a distance of 350 . 89 feet to an iron rod for the easterly corner of said 1 . 041 acre tract and the northeasterly corner of said 70 . 540 acre tract in the southwesterly right-of-way line of F.M. 1966 ; THENCE, S41°14 ' 17"E, along a portion of the southwesterly right- of-way line of F.M. 1966, a distance of 742 . 57 feet to an iron rod for the easterly corner of said 70 . 540 acre tract and the northerly corner of said 55 . 669 acre tract;