Res 2013-079/Approving a Partial Assignment of a Development Agreement from Craddock Avenue Partners, LLC to Capstone Collegiate Communities LLC

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Bk Vol F's 13028 552 OR 4725 662 5) along a curve to the right with a radius of 916.00 ft. for an are length of 402.29 ft. and which chord bears S 58 deg. 4715711 W 399.06 ft. to a %Z" iron rod set with a plastic cap imprinted "Holt Carson, Inc." at a point of tangency; 6) S 71 deg. 22124" W 144.14 ft. to a' /? Iron rod set with a plastic cap imprinted "Holt Carson, Inc." at a point of intersection with a Southwesterly line of said Craddock Avenue Partners (174.27 acre) tract for a Southerly angle corner of this tract, and from which a capped iron rod found (marked "Byrn ") for the called most easterly Southeast confer of said Craddock Avenue Partners (174.27 acre) tract bears S 55 deg. 45' 56" E 426.23 ft.; THENCE with a Southwesterly line of said Craddock Avenue Partners (174.27 acre) tract, the following four (4) courses; 1) N 55 deg. 45' 56" W 360.50 ft. to a capped iron rod found (marked "Solis KanW ); 2) N 55 deg. 33' 48" W 49.88 ft, to a' /2" iron rod found; 3) S 58 deg. 28' 47" W 43.88 ft. to a' /2" iron rod found with a plastic cap imprinted "Holt Carson, Inc. ", set in place of a capped iron rod found (marked "Solis Kanak ") found on December 9, 2009 by Holt Carson, Inc.; 4) S 58 deg. 27' 17" W 271.82 ft to a PK Nail found at the base of a metal fence post in the Northeast right -of -way line of Wonder World Drive, 100.00 ft, left of record engineers station 118 +57.37, for an angle corner of this tract, and from which a capped iron rod found (marked "TxDOT ") bears S 55 deg. 01' E 113.68 ft.; THENCE entering the interior of said Craddock Avenue Partners (174.27 acre) tract with the Northeast right-of- way line of Wonder World Drive, N 55 deg. 41'00" W passing a capped iron rod found (marked "Savory ") at a distance of 557.55 ft., continuing along said bearing for a total distance of 898.78 ft. to a' /s" iron rod found with a plastic cap imprinted "Holt Carson, Inc." for a Southwesterly angle corner of this tract; THENCE leaving the Northeasterly right -of -way line of Wonder World Drive and continuing across the interior of said Craddock Avenue Partners (174.27 acre) tract, the following six (6) courses; 1) N 62 deg. 49' 27" E 743.43 ft. to a'' /z" iron rod found with a plastic cap imprinted "Holt Carson, Inc."; 2) N 43 deg. 01' 51" E 324.83 ft to a'/s" Iron rod found with a plastic cap imprinted "Holt Carson, Inc. "; 3) N 50 deg. 22' 14" E 87.07 it. to a'1z" iron rod found with a plastic cap imprinted "Holt Carson, Inc. "; 4) N 62 deg. 32' 36" E 142.16 ft. to a %z" iron rod found with a plastic cap imprinted "Holt Carson, Inc. "; 5) S 54 deg. 21' 25" E 704.79 ft. to a %s" iron rod found with a plastic cap imprinted "Holt Carson, Inc. "; 6) N 84 deg. 47' 42" E 574.00 ft. to the PLACE OF BEGINNING, containing 35.429 acres of land. 10