2018-024 Master Economic Development Agreement between the City, PEDC and American Spiralweld Pipe

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F southeast corner of Lot 2, Block B of the aforementioned Northwest Paris Industrial Park as conveyed from Paris Economic Development Corporation to Meshbesher Properties LLC on April 07, 2005 by Warranty Deed recorded in volume 1600, page 227 of the Official Public Records of Lamar County; Thence N 00°51'44" E, along the east boundary line of the aforementioned Lot 2, Block B and along the approximate centerline of a rock lined drainage ditch a distance of 640.17 feet to a point in said rock lined drainage ditch at the northeast corner of said Lot 2, Block B, and in the south boundary line of Lot 1, Block B as shown on the aforementioned plat of Northwest Paris Industrial Park; Thence N 88120'04" E, along the south boundary lane of the aforementioned Lot 1, Block B, at 30.00 feet passing a 1h inch capped iron rod set as witness and continuing on for a total distance of 603.80 feet to a % inch iron rod found at the southeast corner of said Lot 1, Block B, at an angle point in the north boundary line of the aforementioned called 151.089 acre PEDC tract, and at the southwest coiner of a called 20 acre tract of laud conveyed from Focus Housing LP to Paris Economic Development Corporation on May 18, 2018 by Warranty Deed recorded in Lamar County Clerk's Document Number 153193- 2018; Thence N 65053'06" E, along the common boundary line of the aforementioned called 151.089 acre PEDC tract and the aforementioned tailed 20 acre PEDC tract a distance of 258.35 feet to a 1h inch capped iron rod set for comer; Thence S 24°06'54" E, a distance of 181.00 feet to a % inch capped iron rod set for corner; Thence N 65°53'06" E, a distance of 40.00 feet to a''/a inch capped iron rod set for comer; Thence N 214°06'54" W, a distance of 181.00 feet to a'/z inch capped iron rod set for corner in the north boundary line of the aforementioned called 151.089 acre PEDC tract and in the south boundary line of the aforementioned called 20 acre PEDC tract; Thence N 65153'06" E, along the common boundary line of the aforementioned called 20 acre PEDC tract and the aforementioned called 151.089 acre PEDC tract, a distance of 576.86 feet to a 1h inch capped [Nelson] iron rod found at a northern northeast corner of said called 151.089 acre PEDC tract and at the northwest corner of a called 2.182 acre tract of land containing an old railroad spur as conveyed from Paris Texas Industrial Foundation, Inc to Paris Economic Development Corporation on September 10, 2010 by Deed Without Warranty recorded in Lamar County Clerk's Document Number 109471- 2013; Thence S 24°04'49" E, along the east boundary line of the aforementioned called 151.089 acre PEDC tract and the west line of the aforementioned called 2.182 acre PEDC tract, a distance of 8738 feet to a % inch iron rod found; Thence N 59° 12'00" E, along the north boundary line of the aforementioned called 151.089 acre PEDC tract and the south line of the aforementioned called 2.182 acre PEDC tract, a distance of 146.10 feet to a'/a inch iron rod found at a northeast corner of said called 151.089 acre PEDC tract and at the northwest corner of the aforementioned T&K Machine 355 Addition as conveyed from TBEI, L.P. to MFRE Tarts, LLC on June 11, 2015 by Special Warranty Deed with Vendor's Lien recorded In Lamar County Clerk's Document Number 125679-2015; Thence S 01°51'02" E, along the common boundary line of the aforementioned called 151.089 acre PEDC tract and the aforementioned T&K Machine 355 Addition a distance of 105.13 feet to a'/ inch iron rod found at the southwest comer of said T&K Machine 355 Addition; Thence S 01'58'51" E, a distance of 99.84 feet to a % inch iron rod found at the northwest corner of a called 5.739 acre tract of land conveyed from Paris Economic Development Corporation to Mark Cunningham on January 12, 2010 by Special Warranty Deed recorded in Lamar County Clerk's Document Number 075598-2010; Thence S 01'3528" E, along the west boundary line of the aforementioned called 5.739 acre Cunningham tract, a distance of 500.50 feet to a � inch iron rod found at the southwest comer of said called 5.739 acre Cunningham tract; KV Page 3 of 5