80(R) SB 919 - Enrolled version

This website will be unavailable from Friday, April 26, 2024 at 6:00 p.m. through Monday, April 29, 2024 at 7:00 a.m. due to data center maintenance.



	S.B. No. 919

AN ACT

relating to the creation of the Viridian Municipal Management

District; providing the authority to issue bonds and impose taxes.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. VIRIDIAN MUNICIPAL MANAGEMENT DISTRICT.

Subtitle C, Title 4, Special District Local Laws Code, is amended by

adding Chapter 3861 to read as follows:

CHAPTER 3861. VIRIDIAN MUNICIPAL MANAGEMENT DISTRICT

SUBCHAPTER A. GENERAL PROVISIONS

Sec. 3861.001. DEFINITIONS. In this chapter:

(1) "Board" means the district's board of directors.

(2) "City" means the City of Arlington.

(3) "District" means the Viridian Municipal

Management District.

(4) "Improvement project" means any program or project

authorized by Section 3861.102, inside or outside the district.

Sec. 3861.002. CREATION AND NATURE OF DISTRICT. The

district is a special district created under Section 59,

Article XVI, Texas Constitution.

Sec. 3861.003. PURPOSE; LEGISLATIVE FINDINGS. (a) The

creation of the district is essential to accomplish the purposes of

Sections 52 and 52-a, Article III, and Section 59, Article XVI,

Texas Constitution, and other public purposes stated in this

chapter. By creating the district and in authorizing the city and

other political subdivisions to contract with the district, the

legislature has established a program to accomplish the public

purposes set out in Section 52-a, Article III, Texas Constitution.

(b) The creation of the district is necessary to promote,

develop, encourage, and maintain employment, commerce,

transportation, housing, tourism, recreation, the arts,

entertainment, economic development, safety, and the public

welfare in the district.

interpreted to relieve the city or Tarrant County from providing

the level of services provided as of the effective date of the Act

enacting this chapter to the area in the district. The district is

created to supplement and not to supplant the city and county

services provided in the district.

Sec. 3861.004. FINDINGS OF BENEFIT AND PUBLIC PURPOSE.

(a) The district is created to serve a public use and benefit.

(b) All land and other property included in the district

will benefit from the improvements and services to be provided by

the district under powers conferred by Sections 52 and 52-a,

Article III, and Section 59, Article XVI, Texas Constitution, and

other powers granted under this chapter.

and is essential to further the public purposes of:

(1) developing and diversifying the economy of the

state;

(2) eliminating unemployment and underemployment;

(3) providing quality residential housing; and

(4) developing or expanding transportation and

commerce.

(d) The district will:

(1) promote the health, safety, and general welfare of

residents, employers, potential employees, employees, visitors,

and consumers in the district, and of the public;

(2) provide needed funding for the district to

preserve, maintain, and enhance the economic health and vitality of

the district territory as a residential community and business

center; and

(3) promote the health, safety, welfare, and enjoyment

of the public by providing pedestrian ways and by landscaping and

developing certain areas in the district, which are necessary for

the restoration, preservation, and enhancement of scenic beauty.

(e) Pedestrian ways along or across a street, whether at

grade or above or below the surface, and street lighting, street

landscaping, parking, and street art objects are parts of and

necessary components of a street and are considered to be an

improvement project that includes a street or road improvement.

(f) The district will not act as the agent or

instrumentality of any private interest even though the district

will benefit many private interests as well as the public.

Sec. 3861.005. DISTRICT TERRITORY. (a) The district is

composed of the territory described by Section 2 of the Act enacting

this chapter, as that territory may have been modified under:

(1) Section 3861.107; or

(2) other law.

(b) A mistake in the field notes of the district contained

in Section 2 of the Act enacting this chapter or in copying the

field notes in the legislative process does not in any way affect:

(1) the district's organization, existence, or

validity;

(2) the district's right to contract, including the

right to issue any type of bond or other obligation for a purpose

for which the district is created;

(3) the district's right to impose or collect an

assessment, tax, or any other revenue; or

(4) the legality or operation of the board.

Sec. 3861.006. ELIGIBILITY FOR INCLUSION IN SPECIAL ZONES.

(a) All or any part of the area of the district is eligible to be

included in:

(1) a tax increment reinvestment zone created by the

city under Chapter 311, Tax Code;

(2) a tax abatement reinvestment zone created by the

city under Chapter 312, Tax Code; or

(3) an enterprise zone created by the city under

Chapter 2303, Government Code.

(b) If the city creates a tax increment reinvestment zone

described by Subsection (a), the city and the board of directors of

the zone, by contract with the district, may grant money deposited

in the tax increment fund to the district to be used by the district

for the purposes permitted for money granted to a corporation under

Section 380.002(b), Local Government Code, including the right to

pledge the money as security for any bonds issued by the district

for an improvement project.

[Sections 3861.007-3861.050 reserved for expansion]

SUBCHAPTER B. BOARD OF DIRECTORS

Sec. 3861.051. GOVERNING BODY; TERMS. The district is

governed by a board of five directors who serve staggered terms of

four years, with two or three directors' terms expiring May 31 of

each even-numbered year.

Sec. 3861.052. ELECTION DATE. The board shall hold

elections for directors on the uniform election date in May in

even-numbered years.

Sec. 3861.053. ELIGIBILITY. (a) To be qualified to serve

as a director, a person must own land in the district.

(b) Section 49.052, Water Code, does not apply to the

district.

Sec. 3861.054. VACANCY. (a) The remaining directors shall

fill a vacancy on the board by appointing a person who meets the

qualifications prescribed by Section 3861.053.

(b) If there are fewer than three directors, the governing

body of the city shall appoint the necessary number of directors to

fill all board vacancies.

Sec. 3861.055. DIRECTOR'S OATH OR AFFIRMATION. A

director's oath or affirmation of office shall be filed with the

district and the district shall retain the oath or affirmation in

the district records.

Sec. 3861.056. OFFICERS. The board shall elect from among

the directors a chair, a vice chair, and a secretary.

Sec. 3861.057. COMPENSATION; EXPENSES. (a) The district

may compensate each director in an amount not to exceed $50 for each

board meeting. The total amount of compensation per director per

year may not exceed $2,000.

(b) A director is entitled to reimbursement for necessary

and reasonable expenses incurred in carrying out the duties and

responsibilities of a director.

Sec. 3861.058. INITIAL DIRECTORS. (a) The initial board

consists of the following directors:

Pos. No.

Name of Director

Donald Huffines

Phillip Huffines

Sue Blankenship

Robert Kembel

Elvio Bruni

(b) Of the initial directors, the terms of directors

appointed for positions 1 and 2 expire May 31, 2008, and the terms

of directors appointed for positions 3 through 5 expire May 31,

2010.

[Sections 3861.059-3861.100 reserved for expansion]

SUBCHAPTER C. POWERS AND DUTIES

Sec. 3861.101. GENERAL POWERS AND DUTIES. The district has

the powers and duties provided by:

(1) the general laws relating to conservation and

reclamation districts created under Section 59, Article XVI, Texas

Constitution, including Chapters 49 and 54, Water Code, except that

the district's bonds and other securities are not subject to the

jurisdiction or supervision of the Texas Commission on

Environmental Quality under Chapter 49, Water Code, or other law;

(2) the general laws relating to road districts and

road utility districts created under Section 52(b), Article III,

Texas Constitution, including Chapter 441, Transportation Code;

(3) Subchapter A, Chapter 372, Local Government Code,

in the same manner as a municipality or a county;

(4) Chapter 375, Local Government Code; and

(5) Section 4B, Development Corporation Act of 1979

(Article 5190.6, Vernon's Texas Civil Statutes).

Sec. 3861.102. IMPROVEMENT PROJECTS. (a) The district may

provide, or it may enter into contracts with a governmental or

private entity to provide, the following types of improvement

projects or activities in support of or incidental to those

projects:

(1) a supply and distribution facility or system to

provide potable and city-approved nonpotable water to the residents

and businesses of the district, including a wastewater collection

facility;

(2) a paved road or street, or turnpike, inside and

outside the district to the extent authorized by Section 52,

Article III, Texas Constitution;

(3) the planning, design, construction, improvement,

and maintenance of:

(A) landscaping;

(B) highway right-of-way or transit corridor

beautification and improvement;

(D) a street or sidewalk;

(E) a hiking and cycling path or trail;

(F) a pedestrian walkway, skywalk, crosswalk, or

tunnel;

(G) a park, lake, garden, recreational facility,

sports facility, open space, scenic area, or related exhibit or

preserve;

(H) a fountain, plaza, or pedestrian mall; or

(I) a drainage or storm-water detention

improvement;

(4) protection and improvement of the quality of storm

water that flows through the district;

(5) the planning, design, construction, improvement,

maintenance, and operation of:

(A) a water or sewer facility; or

(B) an off-street parking facility or heliport;

(6) the planning and acquisition of:

(A) public art and sculpture and related exhibits

and facilities; or

(B) an educational and cultural exhibit or

facility;

(7) the planning, design, construction, acquisition,

lease, rental, improvement, maintenance, installation, and

management of and provision of furnishings for a facility for:

(A) a conference, convention, or exhibition;

(B) a manufacturer, consumer, or trade show;

(D) an exhibit, display, attraction, special

event, or seasonal or cultural celebration or holiday;

(8) the removal, razing, demolition, or clearing of

land or improvements in connection with an improvement project;

(9) the acquisition and improvement of land or other

property for the mitigation of the environmental effects of an

improvement project;

(10) the acquisition of property or an interest in

property in connection with an authorized improvement project;

(11) a special or supplemental service for the

improvement and promotion of the district or an area adjacent to the

district or for the protection of public health and safety in or

adjacent to the district, including:

(A) advertising;

(B) promotion;

(D) health and sanitation;

(E) public safety;

(F) security;

(G) fire protection or emergency medical

services;

(H) business recruitment;

(I) development;

(J) elimination of traffic congestion; and

(K) recreational, educational, or cultural

improvements, enhancements, and services; or

(12) any similar public improvement, facility, or

service.

(b) The district may not undertake a project under this

section unless the board determines the project to be necessary to

accomplish a public purpose of the district.

city requirements, including codes and ordinances.

(d) The district may not provide, conduct, or authorize any

improvement project on the city streets, highways, rights-of-way,

or easements without the consent of the governing body of the city.

(e) Subject to any agreement between the district and the

city, the city may:

(1) by ordinance, order, or resolution require that

title to all or any portion of an improvement project vest in the

city; or

(2) by ordinance, order, or resolution or other

directive authorize the district to own, encumber, maintain, and

operate an improvement project, subject to the right of the city to

order a conveyance of the project to the city on a date determined

by the city.

(f) The district shall immediately comply with any city

ordinance, order, or resolution adopted under Subsection (e).

(g) For the purposes of this section, planning, design,

construction, improvement, and maintenance of a lake includes work

done for drainage, reclamation, or recreation.

Sec. 3861.103. GENERAL POWERS REGARDING CONTRACTS.

(a) The district may:

(1) contract with any person to accomplish any

district purpose, including a contract for:

(A) the payment, repayment, or reimbursement of

costs incurred by that person on behalf of the district, including

all or part of the costs of an improvement project and interest on

the reimbursed cost; or

(B) the use, occupancy, lease, rental,

operation, maintenance, or management of all or part of a proposed

or existing improvement project; and

(2) apply for and contract with any person to receive,

administer, and perform a duty or obligation of the district under a

federal, state, local, or private gift, grant, loan, conveyance,

transfer, bequest, or other financial assistance arrangement

relating to the investigation, planning, analysis, study, design,

acquisition, construction, improvement, completion,

implementation, or operation by the district or others of a

proposed or existing improvement project.

(b) A contract the district enters into to carry out a

purpose of this chapter may be on any terms and for any period the

board determines, including a negotiable or nonnegotiable note or

warrant payable to the city, Tarrant County, and any other person.

the purposes of this chapter without further statutory or other

authorization.

(d) A contract payable from ad valorem taxes for a period

longer than one year must be approved by the governing body of the

city.

Sec. 3861.104. RULES; ENFORCEMENT. (a) The district may

adopt rules:

(1) to administer or operate the district;

(2) for the use, enjoyment, availability, protection,

security, and maintenance of the district's property and

facilities; or

(3) to provide for public safety and security in the

district.

(b) The district may enforce its rules by injunctive relief.

rule, order, or regulation, the city rule, order, or regulation

controls.

Sec. 3861.105. NAME CHANGE. The board by resolution may

change the district's name. The board shall give written notice of

the change to the city.

Sec. 3861.106. USE OF ROADWAY, PARK, OR OTHER PUBLIC AREA OF

THE DISTRICT. (a) The board by rule may regulate the private use

of a public roadway, open space, park, sidewalk, or similar public

area in the district. To the extent the district rules conflict

with a rule, order, or regulation of the city, the rule, order, or

regulation of the city controls. A rule may provide for the safe

and orderly use of public roadways, open spaces, parks, sidewalks,

and similar public areas or facilities.

(b) The board may require a permit for a parade,

demonstration, celebration, entertainment event, or similar

nongovernmental activity in or on a public roadway, open space,

park, sidewalk, or similar public area or facility. The board may

charge a fee for the permit application or for public safety or

security services in an amount the board considers necessary.

with a vendor, concessionaire, exhibitor, or similar private or

commercial person or organization for the limited use of the area or

facility on terms and on payment of a permit or franchise fee the

board may impose.

Sec. 3861.107. ADDING OR REMOVING TERRITORY. The board may

add or remove territory under Subchapter J, Chapter 49, and Section

54.016, Water Code, except that:

(1) the addition or removal of the territory must be

approved by:

(A) the governing body of the city; and

(B) the owners of the territory being added or

removed;

(2) a reference to a tax in Subchapter J, Chapter 49,

or Section 54.016, Water Code, means an ad valorem tax; and

(3) territory may not be removed from the district if

bonds or other obligations of the district payable, wholly or

partly, from ad valorem taxes on the territory are outstanding.

Sec. 3861.108. ECONOMIC DEVELOPMENT. The district may

create economic development programs and exercise the economic

development powers that:

(1) Chapter 380, Local Government Code, provides to a

municipality with a population of more than 100,000; and

(2) Chapter 1509, Government Code, provides to any

municipality.

Sec. 3861.109. TERMS OF EMPLOYMENT; COMPENSATION. The

board may employ and establish the terms of employment and

compensation of an executive director or general manager and any

other district employees the board considers necessary.

Sec. 3861.110. NO EMINENT DOMAIN POWER. The district may

not exercise the power of eminent domain.

[Sections 3861.111-3861.150 reserved for expansion]

SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS

Sec. 3861.151. GENERAL POWERS REGARDING FINANCIAL MATTERS.

Except as provided by Section 3861.161, the district may:

(1) impose an ad valorem tax on all taxable property in

the district, including industrial, commercial, and residential

property, to pay for an improvement project;

(2) impose an assessment on property in the district

in the manner provided for:

(A) a district under Subchapters A, E, and F,

Chapter 375, Local Government Code; or

(B) a municipality or county under Subchapter A,

Chapter 372, Local Government Code;

(3) provide or secure the payment or repayment of the

costs and expenses of the establishment, administration, and

operation of the district and the district's costs or share of the

costs or revenue of an improvement project or district contractual

obligation or indebtedness by or through:

(A) a lease, installment purchase contract, or

other agreement with any person;

(B) the imposition of a tax, assessment, user

fee, concession fee, or rental charge; or

district;

(4) establish user charges related to the operation of

storm-water facilities, including the regulation of storm water for

the protection of water quality in the district;

(5) establish user charges for the use of nonpotable

water for irrigation purposes, subject to the approval of the

governing body of the city;

(6) undertake separately or jointly with other

persons, including the city or Tarrant County, all or part of the

cost of an improvement project, including an improvement project:

(A) for improving, enhancing, and supporting

public safety and security, fire protection and emergency medical

services, and law enforcement in and adjacent to the district; or

(B) that confers a general benefit on the entire

district or a special benefit on a definable part of the district;

and

(7) enter into a tax abatement agreement in accordance

with the general laws of this state authorizing and applicable to

tax abatement agreements by municipalities.

Sec. 3861.152. BORROWING MONEY. The district may borrow

money for a district purpose by issuing or executing bonds, notes,

credit agreements, or other obligations of any kind found by the

board to be necessary or appropriate for the district purpose. The

bond, note, credit agreement, or other obligation must be secured

by and payable from ad valorem taxes, assessments, or any other

district revenue.

Sec. 3861.153. IMPACT FEES AND ASSESSMENTS; EXEMPTION.

(a) The district may impose an impact fee or assessment on

property in the district, including an impact fee or assessment on

residential or commercial property, only in the manner provided by

Subchapter A, Chapter 372 or Subchapter F, Chapter 375, Local

Government Code, for a municipality, county, or public improvement

district, according to the benefit received by the property.

(b) An impact fee for residential property must be for the

limited purpose of providing capital funding for:

(1) public water and wastewater facilities;

(2) drainage and storm-water facilities; and

(3) streets and alleys.

resulting from an addition to or correction of the assessment roll

by the district, penalties and interest on an assessment or

reassessment, an expense of collection, and reasonable attorney's

fees incurred by the district:

(1) are a first and prior lien against the property

assessed; and

(2) are superior to any other lien or claim other than

a lien or claim for county, school district, or municipal ad valorem

taxes.

(d) The board may make a correction to or deletion from the

assessment roll that does not increase the amount of assessment of

any parcel of land without providing notice and holding a hearing in

the manner required for additional assessments.

(e) The district may not impose an impact fee on the

property, including equipment and facilities, of a public utility

provider in the district.

Sec. 3861.154. CERTAIN RESIDENTIAL PROPERTY NOT EXEMPT.

Section 375.161, Local Government Code, does not apply to the

district.

Sec. 3861.155. MAINTENANCE AND OPERATION TAX; ELECTION.

(a) Except as provided by Section 3861.161, the district may

impose a tax for maintenance and operation purposes, including for:

(1) planning, constructing, acquiring, maintaining,

repairing, and operating all improvement projects, including land,

plants, works, facilities, improvements, appliances, and equipment

of the district; and

(2) paying costs of services, engineering and legal

fees, and organization and administrative expenses.

(b) The district may not impose a maintenance and operation

tax unless the maximum tax rate is approved by the governing body of

the city and a majority of the district voters voting at an election

held for that purpose. If the maximum tax rate is approved, the

board may impose the tax at any rate that does not exceed the

approved rate.

the same time and in conjunction with any other district election.

The election may be called by a separate election order or as part

of any other election order.

(d) The proposition in a maintenance and operation tax

election may be for a specific maximum rate or for an unlimited

rate.

Sec. 3861.156. USE OF SURPLUS MAINTENANCE AND OPERATION

MONEY. If the district has surplus maintenance and operation tax

money that is not needed for the purposes for which it was

collected, the money may be used for any authorized purpose.

Sec. 3861.157. BOND ISSUANCE PLAN REQUIRED BEFORE ISSUING

BONDS. The district may not issue bonds until the governing body of

the city approves a bond issuance plan authorizing and setting

forth the limitations on the issuance of the bonds.

Sec. 3861.158. BONDS AND OTHER OBLIGATIONS; MUNICIPAL

APPROVAL. (a) Except as provided by Sections 3861.157 and

3861.161, the district may issue by competitive bid or negotiated

sale bonds, notes, or other obligations payable wholly or partly

from ad valorem taxes or assessments in the manner provided by

Subchapter A, Chapter 372 or Subchapter J, Chapter 375, Local

Government Code.

(b) In exercising the district's borrowing power, the

district may issue a bond or other obligation in the form of a bond,

note, certificate of participation or other instrument evidencing a

proportionate interest in payments to be made by the district, or

other type of obligation.

Subchapter A, Chapter 372, and Subchapter J, Chapter 375, Local

Government Code, district bonds may be secured and made payable,

wholly or partly, by a pledge of any part of the net proceeds the

district receives from any other district revenue.

Sec. 3861.159. BOND MATURITY. Bonds may mature not more

than 40 years from their date of issue.

Sec. 3861.160. TAXES FOR BONDS AND OTHER OBLIGATIONS.

(a) At the time bonds or other obligations payable wholly or

partly from ad valorem taxes are issued:

(1) the board shall impose a continuing direct annual

ad valorem tax, without limit as to rate or amount, for each year

that all or part of the bonds are outstanding; and

(2) the district annually shall impose an ad valorem

tax on all taxable property in the district in an amount sufficient

to:

(A) pay the interest on the bonds or other

obligations as the interest becomes due;

(B) create a sinking fund for the payment of the

principal of the bonds or other obligations when due or the

redemption price at any earlier required redemption date; and

(b) Bonds or other obligations that are secured by and

payable from ad valorem taxes may not be issued unless the bonds and

the imposition of the taxes are approved by:

(1) a majority of the district voters voting at an

election held for that purpose; and

(2) the governing body of the city.

section in the manner provided by Chapter 54, Water Code.

Sec. 3861.161. PROJECT DEVELOPMENT AGREEMENT REQUIRED TO

IMPOSE TAXES OR BORROW MONEY, INCLUDING BONDS. Before the district

may issue bonds, impose taxes, or borrow money, the district and the

city must negotiate and execute a mutually approved and accepted

interlocal project development agreement regarding the development

plans and rules for:

(1) the development and operation of the district; and

(2) the financing of improvement projects.

[Sections 3861.162-3861.200 reserved for expansion]

SUBCHAPTER E. DIVISION OF DISTRICT INTO MULTIPLE DISTRICTS

Sec. 3861.201. DIVISION OF DISTRICT; REQUIREMENTS. (a) At

any time before the district issues indebtedness secured by ad

valorem taxes, the district may be divided into two or more new

districts.

(b) A new district created by division of the district must

be at least 100 acres.

may not, at the time the new district is created, contain any land

outside the area described by Section 2 of the Act creating this

chapter.

(d) The board may consider a proposal to divide the district

on:

(1) a petition of a landowner in the district; or

(2) a motion by the board.

(e) The board may not divide the district unless the

division is approved by the governing body of the city by

resolution. The resolution may set terms for the division under

Subsection (f).

(f) If the board decides to divide the district, the board

shall, subject to the city's resolution:

(1) set the terms of the division, including names for

the new districts and a plan for the payment or performance of any

outstanding district obligations; and

(2) prepare a metes and bounds description for each

proposed district.

Sec. 3861.202. ELECTION FOR DIVISION OF DISTRICT.

(a) After the board has complied with Section 3861.201, the board

shall hold an election in the district to determine whether the

district should be divided as proposed.

(b) The board shall give notice of the election not later

than the 35th day before the date of the election. The notice must

state:

(1) the date and location of the election; and

(2) the proposition to be voted on.

division:

(1) the district is divided; and

(2) not later than the 30th day after the date of the

election, the district shall provide written notice of the division

to:

(A) the Texas Commission on Environmental

Quality; and

(B) the city.

(d) If a majority of the votes cast are not in favor of the

division, the district is not divided.

Sec. 3861.203. ELECTION OF DIRECTORS OF NEW DISTRICTS.

(a) Not later than the 90th day after the date of an election in

favor of the division of the district, the board shall:

(1) appoint itself as the board of one of the new

districts; and

(2) appoint five directors for each of the other new

districts.

(b) Directors appointed under Subsection (a)(1) serve the

staggered terms to which they were elected in the original

district. Directors appointed under Subsection (a)(2) serve until

the election for directors under Subsection (c).

even-numbered year after the year in which the directors are

appointed, the appointed board shall hold an election to elect five

directors in each district for which directors were appointed under

Subsection (a)(2). The directors shall draw lots to determine

which two shall serve until the next regularly scheduled election

of directors and which three shall serve until the second regularly

scheduled election of directors.

Sec. 3861.204. CONTINUING POWERS AND OBLIGATIONS OF NEW

DISTRICTS. (a) Each new district may incur and pay debts and has

all powers of the original district created by this chapter.

(b) Each new district has the same limitations or other

provisions concerning the city that apply to the original district.

subchapter, the current obligations and any bond authorizations of

the district are not impaired. Debts shall be paid by revenue or by

taxes or assessments imposed on real property in the district as if

the district had not been divided or by contributions from each new

district as stated in the terms set by the board under Section

3861.201(f).

(d) Any other district obligation is divided pro rata among

the new districts on an acreage basis or on other terms that are

satisfactory to the new districts.

Sec. 3861.205. CONTRACT AUTHORITY OF NEW DISTRICTS.

(a) Except as provided by Subsection (b), the new districts may

contract with each other for any matter the boards of the new

districts consider appropriate.

(b) The new districts may not contract with each other for

water and wastewater services.

[Sections 3861.206-3861.250 reserved for expansion]

SUBCHAPTER F. DISSOLUTION

Sec. 3861.251. DISSOLUTION BY CITY ORDINANCE. (a) The

city by ordinance may dissolve the district and any additional

districts created under Subchapter E.

(b) The city may not dissolve a district until the

district's outstanding indebtedness or contractual obligations

payable from ad valorem taxes have been repaid or discharged.

under Section 3861.161 has been executed and the district's

performance under the agreement has been fulfilled, including any

right or obligation the district has to reimburse a developer or

owner for the costs of improvement projects.

Sec. 3861.252. COLLECTION OF ASSESSMENTS AND OTHER REVENUE.

(a) If the dissolved district has bonds or other obligations

outstanding secured by and payable from assessments or other

revenue, other than ad valorem taxes, the city shall succeed to the

rights and obligations of the district regarding enforcement and

collection of the assessments or other revenue.

(b) The city shall have and exercise all district powers to

enforce and collect the assessments or other revenue to pay:

(1) the bonds or other obligations when due and

payable according to their terms; or

(2) special revenue or assessment bonds or other

obligations issued by the city to refund the outstanding bonds or

obligations.

Sec. 3861.253. ASSUMPTION OF ASSETS AND LIABILITIES.

(a) After the city dissolves the district, the city assumes the

obligations of the district, including any bonds or other

indebtedness payable from assessments or other district revenue.

(b) If the city dissolves the district, the board shall

transfer ownership of all district property to the city.

SECTION 2. BOUNDARIES. The Viridian Municipal Management

District initially includes all the territory contained in the

following described area:

TRACT 1

BEING A 1962.421 ACRE TRACT OF LAND SITUATED IN THE SAMUEL

KEPHART SURVEY, ABSTRACT NO. 891, WILLIAM JENKINS SURVEY, ABSTRACT

NO. 856, PATRICK G. DALTON SURVEY, ABSTRACT NO. 414, THOMAS DALTON

SURVEY, ABSTRACT NO. 402, MADISON COLEMAN SURVEY, ABSTRACT

NO. 380, J & D.C. SURVEY, ABSTRACT NO. 1995, JOTHAM BROWN SURVEY,

ABSTRACT NO. 109, E. JONES SURVEY, ABSTRACT NO. 842, JEHU CONDRA

SURVEY, ABSTRACT NO. 347, JOHN CHILDRESS SURVEY, ABSTRACT NO. 249,

JEFFERSON ESTILL SURVEY, ABSTRACT NO. 491, J.J. GOODFELLOW SURVEY,

ABSTRACT 1904 AND JOHN BURNETT SURVEY, ABSTRACT NO. 178, CITY OF

ARLINGTON, TARRANT COUNTY, TEXAS, AND BEING ALL OF A CALLED

1845.082 ACRE TRACT OF LAND, CONVEYED AS TRACT ONE TO LOBF, L.P. BY

DEED RECORDED IN DOCUMENT NO. D204096335, DEED RECORDS, TARRANT

COUNTY, TEXAS AND BEING ALL OF CALLED 117.335 ACRE TRACT OF LAND,

CONVEYED AS TRACT FIVE TO LOBF, L.P. BY DEED RECORDED IN DOCUMENT

NO. D204096335, DEED RECORDS, TARRANT COUNTY, TEXAS AND INCLUDING

ALL OF BLOCK 32 OF THE LAKES OF ARLINGTON, AN ADDITION TO THE CITY OF

ARLINGTON RECORDED IN CABINET A, SLIDE 5048, PLAT RECORDS, TARRANT

COUNTY, TEXAS. SAID 1962.421 ACRE TRACT, WITH REFERENCE BEARING

GRID NORTH, TEXAS STATE PLANE COORDINATES, NORTH CENTRAL ZONE 4202

AS DETERMINED FROM CITY OF ARLINGTON CONTROL MONUMENTS "AR02" AND

"AR04", BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS

FOLLOWS:

BEGINNING AT A RAILROAD SPIKE FOUND FOR AN INSIDE ELL CORNER

OF AFORESAID 1845.082 ACRE TRACT AND BEING THE SOUTHEAST CORNER OF

ATRACT OF LAND CONVEYED TO SON WINN AND K.C. YALE BY DEED RECORDED

IN VOLUME 10695, PAGE 89, DEED RECORDS, TARRANT COUNTY, TEXAS;

THENCE NORTH 00 DEGREES 53 MINUTES 56 SECONDS WEST, ALONG THE

LINE OF AFORESAID 1845.082 ACRE TRACT, A DISTANCE OF 819.08 FEET TO

A RAILROAD SPIKE FOUND FOR CORNER;

THENCE SOUTH 89 DEGREES 36 MINUTES 15 SECONDS EAST, A

DISTANCE OF 21.13 FEET TO A 1/2 INCH ROD WITH A PLASTIC CAP STAMPED

"BRITTAIN & CRAWFORD" FOUND FOR CORNER:

THENCE NORTH 00 DEGREES 04 MINUTES 49 SECONDS WEST, A

DISTANCE OF 478.14 FEET TO A 5/8 INCH IRON ROD WITH A YELLOW PLASTIC

CAP STAMPED "CARTER BURGESS" SET FOR CORNER;

THENCE NORTH 00 DEGREES 26 MINUTES 37 SECONDS WEST, A

DISTANCE OF 199.82 FEET TO A 5/8 INCH IRON ROD WITH A YELLOW PLASTIC

CAP STAMPED "CARTER BURGESS" SET FOR A NORTH CORNER OF AFORESAID

1845.082 ACRE TRACT AND BEING THE SOUTHWEST CORNER OF A TRACT OF

LAND CONVEYED TO T & M PROPERTIES, LTD. BY DEED RECORDED IN VOLUME

11139, PAGE 1937, DEED RECORDS, TARRANT COUNTY, TEXAS;

THENCE NORTH 89 DEGREES 18 MINUTES 31 SECONDS EAST, ALONG A

NORTH LINE OF AFORESAID 1845.082 ACRE TRACT AND A COMMON SOUTH LINE

OF AFORESAID T & M PROPERTIES TRACT, A DISTANCE OF 339.78 FEET TO A

1/2 INCH IRON ROD FOUND FOR A NORTH CORNER OF SAID 1845.082 ACRE

TRACT AND A INSIDE ELL CORNER OF SAID T & M PROPERTIES TRACT;

THENCE SOUTH 00 DEGREES 10 MINUTES 09 SECONDS WEST, A

DISTANCE OF 199.93 FEET TO A 1/2 INCH IRON FOUND WITH A PLASTIC CAP

STAMPED "BRITTAIN & CRAWFORD" FOUND FOR CORNER;

THENCE NORTH 89 DEGREES 19 MINUTES 07 SECONDS EAST, ALONG A

NORTH LINE OF AFORESAID 1845.082 ACRE TRACT AND A COMMON SOUTH LINE

OF AFORESAID T & M PROPERTIES TRACT, A DISTANCE OF 931.05 FEET TO A

1/2 INCH IRON FOUND FOR THE SOUTHEAST CORNER OF SAID T & M

PROPERTIES AND BEING ON THE WEST LINE OF A TRACT OF LAND CONVEYED TO

LLOYD T. CANNON AND WIFE, JESSIE M. CANNON BY DEED RECORDED IN

VOLUME 1934, PAGE 617, DEED RECORDS, TARRANT COUNTY, TEXAS;

THENCE SOUTH 00 DEGREES 11 MINUTES 10 SECONDS EAST, ALONG THE

WEST LINE OF AFORESAID LLOYD T. CANNON AND WIFE, JESSIE M. CANNON

TRACT, A DISTANCE OF 502.84 FEET TO A 5/8 INCH IRON ROD FOUND FOR THE

SOUTHWEST CORNER OF SAID LLOYD T. CANNON AND WIFE, JESSIE M. CANNON

TRACT;

THENCE SOUTH 89 DEGREES 51 MINUTES 38 SECONDS EAST, ALONG A

NORTH LINE OF AFORESAID 1845.082 ACRE TRACT AND A COMMON SOUTH LINE

OF AFORESAID LLOYD T. CANNON AND WIFE, JESSIE M. CANNON TRACT AND

THE COMMON SOUTH LINE OF A CALLED TRACT 1 AND TRACT 2 CONVEYED TO

JACQUELINE FERRIS BAKER BY DEED RECORDED IN VOLUME 12042, PAGE

2279, DEED RECORDS, TARRANT COUNTY, TEXAS, A DISTANCE OF 1356.09

FEET TO A 5/8 INCH IRON ROD FOUND FOR THE SOUTHEAST CORNER OF SAID

JACQUELINE FERRIS BAKER TRACT 1 AND BEING THE SOUTHWEST CORNER OF A

TRACT OF LAND CONVEYED TO FRANK ARVILLE REAVES BY DEED RECORDED IN

VOLUME 8125, PAGE 284, DEED RECORDS, TARRANT COUNTY, TEXAS;

THENCE SOUTH 89 DEGREES 57 MINUTES 36 SECONDS EAST,

CONTINUING ALONG THE NORTH LINE OF AFORESAID 1845.082 ACRE TRACT

AND THE COMMON SOUTH LINE OF AFORESAID FRANK ARVILLE REAVES TRACT, A

DISTANCE OF 2024.33 FEET TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP

STAMPED "BRITTAIN & CRAWFORD" FOUND AN ELL CORNER OF SAID 1845.082

ACRE TRACT AND THE SOUTHEAST CORNER OF SAID FRANK ARVILLE REAVES

TRACT;

THENCE NORTH 00 DEGREES 42 MINUTES 27 SECONDS WEST, ALONG THE

EAST LINE OF AFORESAID FRANK ARVILLE REAVES TRACT, A DISTANCE OF

1581.70 FEET TO A 5/8 INCH IRON ROD FOUND FOR A NORTH CORNER OF

AFORESAID 1845.082 ACRE TRACT AND BEING A SOUTHWEST CORNER OF

AFORESAID 117.335 ACRE TRACT;

THENCE NORTH 00 DEGREES 47 MINUTES 09 SECONDS WEST,

CONTINUING ALONG THE EAST LINE OF AFORESAID FRANK ARVILLE REAVES

TRACT AND THE COMMON WEST LINE OF AFORESAID 117.335 ACRE TRACT, A

DISTANCE OF 515.21 FEET TO A 4 INCH IRON ROD FOUND FOR A NORTHWEST

CORNER OF SAID 117.335 ACRE TRACT;

THENCE NORTH 89 DEGREES 21 MINUTES 10 SECONDS EAST, A

DISTANCE OF 122.01 FEET TO A 1/2 INCH IRON ROD FOUND FOR CORNER;

THENCE NORTH 00 DEGREES 25 MINUTES 11 SECONDS EAST, A

DISTANCE OF 490.11 FEET TO A 1/2 INCH IRON ROD FOUND FOR A NORTHWEST

CORNER OF AFORESAID 117.335 ACRE TRACT AND BEING ON THE SOUTH

RIGHT-OF-WAY OF THE TRINITY RAILWAY EXPRESS (A VARIABLE

RIGHT-OF-WAY) AND BEING THE BEGINNING OF A NON-TANGENT CURVE TO THE

RIGHT HAVING A CENTRAL ANGLE OF 00 DEGREES 37 MINUTES 08 SECONDS, A

RADIUS OF 11309.20 FEET, A CHORD BEARING OF NORTH 79 DEGREES 39

MINUTES 16 SECONDS EAST, AND A CHORD LENGTH OF 122.18 FEET;

THENCE ALONG AFORESAID NON-TANGENT CURVE TO THE RIGHT, AN ARC

LENGTH OF 122.18 FEET, TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP

STAMPED "BRITTAIN & CRAWFORD" FOUND FOR CORNER;

THENCE SOUTH 00 DEGREES 25 MINUTES 43 SECONDS WEST, A

DISTANCE OF 101.74 FEET TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP

STAMPED "BRITTAIN & CRAWFORD" FOUND FOR CORNER AND BEING THE

BEGINNING OF A NON-TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE

OF 03 DEGREES 47 MINUTES 58 SECONDS, A RADIUS OF 11209.22 FEET, A

CHORD BEARING OF NORTH 81 DEGREES 46 MINUTES 31 SECONDS EAST, AND A

CHORD LENGTH OF 743.19 FEET;

THENCE ALONG SAID NON-TANGENT CURVE TO THE RIGHT, AN ARC

LENGTH OF 743.32 FEET, TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP

STAMPED "BRITTAIN & CRAWFORD" FOUND FOR CORNER;

THENCE SOUTH 02 DEGREES 25 MINUTES 03 SECONDS EAST, A

DISTANCE OF 96.25 FEET TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP

STAMPED "BRITTAIN & CRAWFORD" FOUND FOR CORNER;

THENCE NORTH 87 DEGREES 39 MINUTES 05 SECONDS EAST, A

DISTANCE OF 486.25 FEET TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP

STAMPED "BRITTAIN & CRAWFORD" FOUND FOR CORNER;

THENCE SOUTH 02 DEGREES 17 MINUTES 09 SECONDS EAST, A

DISTANCE OF 160.00 FEET TO A POINT FOR CORNER, A 1/2 INCH IRON ROD

WITH A PLASTIC CAP STAMPED "BRITTAIN & CRAWFORD" FOUND BEARS NORTH

29 DEGREES 16 MINUTES 33 SECONDS EAST, A DISTANCE OF A 4.99 FEET;

THENCE NORTH 87 DEGREES 35 MINUTES 07 SEONDS EAST, A DISTANCE

OF 140.04 FEET TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP STAMPED

"BRITTAIN & CRAWFORD" FOUND FOR CORNER;

THENCE SOUTH 01 DEGREES 42 MINUTES 54 SECONDS WEST, A

DISTANCE OF 85.74 FEET TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP

STAMPED "BRITTAIN & CRAWFORD" FOUND FOR CORNER;

THENCE NORTH 56 DEGREES 55 MINUTES 53 SECONDS EAST, A

DISTANCE OF 166.30 FEET TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP

STAMPED "BRITTAIN & CRAWFORD" FOUND FOR CORNER;

THENCE SOUTH 01 DEGREES 56 MINUTES 52 SECONDS WEST, A

DISTANCE OF 275.02 FEET TO A 5/8 INCH IRON ROD WITH A YELLOW PLASTIC

CAP STAMPED "CARTER BURGESS" SET FOR CORNER;

THENCE SOUTH 89 DEGREES 54 MINUTES 17 SECONDS EAST, A

DISTANCE OF 282.16 FEET TO A POINT FOR CORNER IN THE APPROXIMATE

CENTERLINE OF THE TRINITY RIVER;

THENCE ALONG THE APPROXIMATE CENTERLINE OF AFORESAID TRINITY

RIVER THE FOLLOWING COURSES AND DISTANCES;

SOUTH 00 DEGREES 02 MINUTES 35 SECONDS EAST, A DISTANCE OF

49.63 FEET TO A POINT FOR CORNER;

NORTH 59 DEGREES 53 MINUTES 49 SECONDS WEST, A DISTANCE OF

58.57 FEET TO A POINT FOR CORNER;

SOUTH 66 DEGREES 31 MINUTES 15 SECONDS WEST, A DISTANCE OF

218.37 FEET TO A POINT FOR CORNER;

SOUTH 21 DEGREES 17 MINUTES 39 SECONDS WEST, A DISTANCE OF

172.36 FEET TO A POINT FOR CORNER;

SOUTH 16 DEGREES 32 MINUTES 31 SECONDS WEST, A DISTANCE OF

128.04 FEET TO A POINT FOR CORNER;

SOUTH 05 DEGREES 42 MINUTES 04 SECONDS WEST, A DISTANCE OF

125.46 FEET TO A POINT FOR CORNER;

SOUTH 20 DEGREES 43 MINUTES 09 SECONDS WEST, A DISTANCE OF

194.10 FEET TO A POINT FOR CORNER;

SOUTH 25 DEGREES 49 MINUTES 06 SECONDS EAST, A DISTANCE OF

230.16 FEET TO A POINT FOR CORNER;

SOUTH 42 DEGREES 48 MINUTES 19 SECONDS EAST, A DISTANCE OF

281.46 FEET TO A POINT FOR CORNER;

SOUTH 39 DEGREES 04 MINUTES 10 SECONDS EAST, A DISTANCE OF

105.83 FEET TO A POINT FOR CORNER;

SOUTH 18 DEGREES 02 MINUTES 35 SECONDS EAST, A DISTANCE OF

185.16 FEET TO A POINT FOR CORNER;

SOUTH 24 DEGREES 28 MINUTES 34 SECONDS EAST, A DISTANCE OF

148.45 FEET TO A POINT FOR CORNER;

SOUTH 07 DEGREES 17 MINUTES 22 SECONDS WEST, A DISTANCE OF

129.87 FEET TO A POINT FOR CORNER;

SOUTH 27 DEGREES 48 MINUTES 33 SECONDS WEST, A DISTANCE OF

127.36 FEET TO POINT FOR CORNER;

SOUTH 54 DEGREES 43 MINUTES 28 SECONDS WEST, A DISTANCE OF

85,96 FEET TO A POINT FOR CORNER;

SOUTH 88 DEGREES 29 MINUTES 00 SECONDS WEST, A DISTANCE OF

255.06 FEET TO A POINT FOR CORNER;

SOUTH 67 DEGREES 29 MINUTES 18 SECONDS WEST, A DISTANCE OF

108.40 FEET TO A POINT FOR CORNER;

SOUTH 41 DEGREES 03 MINUTES 02 SECONDS WEST, A DISTANCE OF

125.39 FEET TO A POINT FOR CORNER;

SOUTH 01 DEGREES 42 MINUTES 06 SECONDS WEST, A DISTANCE OF

76.95 FEET TO A POINT FOR CORNER;

SOUTH 18 DEGREES 59 MINUTES 00 SECONDS EAST, A DISTANCE OF

73.00 FEET TO A POINT FOR CORNER;

SOUTH 43 DEGREES 11 MINUTES 32 SECONDS EAST, A DISTANCE OF

273.62 FEET TO A POINT FOR CORNER;

SOUTH 13 DEGREES 24 MINUTES 34 SECONDS EAST, A DISTANCE OF

97.67 FEET TO A POINT FOR CORNER;

SOUTH 06 DEGREES 41 MINUTES 43 SECONDS WEST, A DISTANCE OF

186.01 FEET TO A POINT FOR CORNER;

SOUTH 27 DEGREES 53 MINUTES 06 SECONDS WEST, A DISTANCE OF

118.42 FEET TO A POINT FOR CORNER;

SOUTH 87 DEGREES 34 MINUTES 46 SECONDS WEST, A DISTANCE OF

106.09 FEET TO A POINT FOR CORNER;

NORTH 53 DEGREES 06 MINUTES 51 SECONDS WEST, A DISTANCE OF

305.31 FEET TO A POINT FOR CORNER;

NORTH 73 DEGREES 50 MINUTES 14 SECONDS WEST, A DISTANCE OF

241.21 FEET TO A POINT FOR CORNER;

NORTH 80 DEGREES 32 MINUTES 48 SECONDS WEST, A DISTANCE OF

206.34 FEET TO A POINT FOR CORNER;

SOUTH 77 DEGREES 03 MINUTES 44 SECONDS WEST, A DISTANCE OF

119.64 FEET TO A POINT FOR CORNER;

SOUTH 06 DEGREES 03 MINUTES 53 SECONDS WEST, A DISTANCE OF

115.88 FEET TO A POINT FOR CORNER;

SOUTH 25 DEGREES 21 MINUTES 47 SECONDS EAST, A DISTANCE OF

148.13 FEET TO A POINT FOR CORNER;

SOUTH 18 DEGREES 03 MINUTES 48 SECONDS EAST, A DISTANCE OF

145.50 FEET TO A POINT FOR CORNER;

SOUTH 08 DEGREES 19 MINUTES 02 SECONDS EAST, A DISTANCE OF

200.65 TO A POINT FOR CORNER;

SOUTH 03 DEGREES 07 MINUTES 57 SECONDS EAST, A DISTANCE OF

302.24 FEET TO A POINT FOR CORNER;

SOUTH 12 DEGREES 52 MINUTES 56 SECONDS EAST, A DISTANCE OF

345.58 FEET TO A POINT FOR CORNER;

SOUTH 00 DEGREES 18 MINUTES 59 SECONDS EAST, A DISTANCE OF

212.01 FEET TO A POINT FOR CORNER;

SOUTH 08 DEGREES 09 MINUTES 23 SECONDS WEST, A DISTANCE OF

708.08 FEET TO A POINT FOR CORNER;

SOUTH 10 DEGREES 23 MINUTES 56 SECONDS WEST, A DISTANCE OF

388.71 FEET TO A POINT FOR CORNER;

SOUTH 14 DEGREES 29 MINUTES 51 SECONDS WEST, A DISTANCE OF

541.65 FEET TO A POINT FOR CORNER;

NORTH 76 DEGREES 58 MINUTES 40 SECONDS WEST, A DISTANCE OF

473.01 FEET TO A POINT FOR CORNER;

SOUTH 33 DEGREES 23 MINUTES 06 SECONDS WEST, A DISTANCE OF

289.17 FEET TO A POINT FOR CORNER;

SOUTH 34 DEGREES 37 MINUTES 32 SECONDS EAST, A DISTANCE OF

407.97 FEET TO A POINT FOR CORNER;

SOUTH 64 DEGREES 32 MINUTES 17 SECONDS EAST, A DISTANCE OF

379.31 FEET TO A POINT FOR CORNER;

SOUTH 15 DEGREES 08 MINUTES 13 SECONDS EAST, A DISTANCE OF

165.15 FEET TO A POINT FOR CORNER;

SOUTH 15 DEGREES 22 MINUTES 09 SECONDS WEST, A DISTANCE OF

156.45 FEET TO A POINT FOR CORNER;

SOUTH 27 DEGREES 21 MINUTES 13 SECONDS WEST; A DISTANCE OF

619.00 FEET TO A POINT FOR CORNER;

NORTH 64 DEGREES 52 MINUTES 44 SECONDS WEST, A DISTANCE OF

204.80 FEET TO A POINT FOR CORNER;

NORTH 65 DEGREES 50 MINUTES 06 SECONDS WEST, A DISTANCE OF

410.22 FEET TO A POINT FOR CORNER;

SOUTH 06 DEGREES 14 MINUTES 00 SECONDS WEST, A DISTANCE OF

970.00 FEET TO A POINT FOR CORNER;

NORTH 86 DEGREES 46 MINUTES 00 SECONDS WEST, A DISTANCE OF

250.00 FEET TO A POINT FOR CORNER;

NORTH 49 DEGREES 31 MINUTES 00 SECONDS WEST, A DISTANCE OF

540.00 FEET TO A POINT FOR CORNER;

SOUTH 64 DEGREES 04 MINUTES 00 SECONDS WEST, A DISTANCE OF

234.19 FEET TO A POINT FOR CORNER;

SOUTH 05 DEGREES 16 MINUTES 06 SECONDS WEST, A DISTANCE OF

468.44 FEET TO A POINT FOR CORNER;

SOUTH 00 DEGREES 34 MINUTES 24 SECONDS EAST, A DISTANCE OF

16.79 FEET TO A POINT FOR CORNER;

SOUTH 88 DEGREES 58 MINUTES 19 SECONDS EAST, A DISTANCE OF

32.08 FEET TO A POINT FOR CORNER;

SOUTH 02 DEGREES 16 MINUTES 06 SECONDS EAST, A DISTANCE OF

397.40 FEET TO A POINT FOR CORNER;

SOUTH 12 DEGREES 16 MINUTES 54 SECONDS WEST, A DISTANCE OF

352.90 FEET TO A POINT FOR CORNER;

SOUTH 54 DEGREES 02 MINUTES 24 SECONDS WEST, A DISTANCE OF

321.40 FEET TO A POINT FOR CORNER;

SOUTH 87 DEGREES 34 MINUTES 54 SECONDS WEST, A DISTANCE OF

808.40 FEET TO A POINT FOR CORNER;

SOUTH 38 DEGREES 01 MINUTES 24 SECONDS WEST, A DISTANCE OF

177.80 FEET TO A POINT FOR CORNER;

NORTH 89 DEGREES 49 MINUTES 36 SECONDS WEST, A DISTANCE OF

33.51 FEET TO A POINT FOR CORNER;

SOUTH 23 DEGREES 49 MINUTES 36 SECONDS EAST, A DISTANCE OF

382.60 FEET TO A POINT FOR CORNER;

SOUTH 11 DEGREES 48 MINUTES 24 SECONDS WEST, A DISTANCE OF

799.97 FEET TO A POINT FOR CORNER;

SOUTH 11 DEGREES 41 MINUTES 36 SECONDS EAST, A DISTANCE OF

719.99 FEET TO A POINT FOR CORNER;

SOUTH 49 DEGREES 48 MINUTES 24 SECONDS WEST, A DISTANCE OF

759.96 FEET TO A POINT FOR CORNER;

SOUTH 83 DEGREES 48 MINUTES 24 SECONDS WEST, A DISTANCE OF

389.98 FEET TO A POINT FOR CORNER;

SOUTH 66 DEGREES 18 MINUTES 24 SECONDS WEST, A DISTANCE OF

559.97 FEET TO A POINT FOR CORNER;

NORTH 53 DEGREES 11 MINUTES 36 SECONDS WEST, A DISTANCE OF

889.97 FEET TO A POINT FOR CORNER;

NORTH 81 DEGREES 11 MINUTES 36 SECONDS WEST, A DISTANCE OF

249.99 FEET TO A POINT FOR CORNER;

SOUTH 28 DEGREES 48 MINUTES 24 SECONDS WEST, A DISTANCE OF

319.99 FEET TO A POINT FOR CORNER;

SOUTH 03 DEGREES 11 MINUTES 36 SECONDS EAST, A DISTANCE OF

491.39 FEET TO A POINT FOR CORNER;

SOUTH 39 DEGREES 48 MINUTES 24 SECONDS WEST, A DISTANCE OF

422.87 FEET TO A POINT FOR CORNER ON THE NORTH LINE OF BLOCK 7 OF THE

MERIDIAN, SECTION ONE, RECORDED IN VOLUME 388-186, PAGE 45, PLAT

RECORDS, TARRANT COUNTY, TEXAS;

THENCE NORTH 89 DEGREES 41 MINUTES 47 SECONDS WEST, ALONG THE

NORTH LINE OF AFORESAID BLOCK 7, A DISTANCE OF 360.87 FEET TO A

POINT FOR CORNER IN THE APPROXIMATE CENTERLINE OF AFORESAID TRINITY

RIVER;

THENCE ALONG THE APPROXIMATE CENTERLINE OF AFORESAID TRINITY

RIVER THE FOLLOWING COURSES AND DISTANCES;

NORTH 00 DEGREES 00 MINUTES 24 SECONDS WEST, A DISTANCE OF

139.47 FEET TO A POINT FOR CORNER;

NORTH 16 DEGREES 09 MINUTES 13 SECONDS WEST, A DISTANCE OF

289.11 FEET TO A POINT FOR CORNER;

NORTH 47 DEGREES 34 MINUTES 01 SECONDS WEST, A DISTANCE OF

125.88 FEET TO A POINT FOR CORNER;

SOUTH 80 DEGREES 05 MINUTES 07 SECONDS WEST, A DISTANCE OF

248.13 FEET TO A POINT FOR CORNER;

SOUTH 76 DEGREES 25 MINUTES 18 SECONDS WEST, A DISTANCE OF

406.42 FEET TO A POINT FOR CORNER;

NORTH 70 DEGREES 18 MINUTES 30 SECONDS WEST, A DISTANCE OF

287.99 FEET TO A POINT FOR CORNER;

NORTH 51 DEGREES 13 MINUTES 28 SECONDS WEST, A DISTANCE OF

201.49 FEET TO A POINT FOR CORNER;

NORTH 45 DEGREES 04 MINUTES 33 SECONDS WEST, A DISTANCE OF

275.45 FEET TO A POINT FOR CORNER;

NORTH 35 DEGREES 46 MINUTES 27 SECONDS WEST, A DISTANCE OF

430.75 FEET TO A POINT FOR CORNER;

NORTH 19 DEGREES 06 MINUTES 11 SECONDS EAST, A DISTANCE OF

125.86 FEET TO A POINT FOR CORNER;

NORTH 28 DEGREES 06 MINUTES 09 SECONDS EAST, A DISTANCE OF

321.56 FEET TO A POINT FOR CORNER;

NORTH 27 DEGREES 33 MINUTES 47 SECONDS EAST, A DISTANCE OF

159.66 FEET TO A POINT FOR CORNER;

NORTH 17 DEGREES 19 MINUTES 33 SECONDS EAST, A DISTANCE OF

291.31 FEET TO A POINT FOR CORNER;

NORTH 14 DEGREES 14 MINUTES SO SECONDS WEST, A DISTANCE OF

146.50 FEET TO A POINT FOR CORNER;

NORTH 47 DEGREES 59 MINUTES 57 SECONDS WEST, A DISTANCE OF

106.93 FEET TO A POINT FOR CORNER;

NORTH 79 DEGREES 53 MINUTES 17 SECONDS WEST, A DISTANCE OF

251.81 FEET TO A POINT FOR CORNER;

SOUTH 74 DEGREES 17 MINUTES 11 SECONDS WEST, A DISTANCE OF

93.41 FEET TO A POINT FOR CORNER;

SOUTH 53 DEGREES 29 MINUTES 55 SECONDS WEST, A DISTANCE OF

115.85 FEET TO A POINT FOR CORNER;

SOUTH 30 DEGREES 26 MINUTES 41 SECONDS WEST, A DISTANCE OF

288.71 FEET TO A POINT FOR CORNER;

SOUTH 72 DEGREES 16 MINUTES 37 SECONDS WEST, A DISTANCE OF

702.02 FEET TO A POINT FOR CORNER;

SOUTH 76 DEGREES 27 MINUTES 16 SECONDS WEST, A DISTANCE OF

291.88 FEET TO A POINT FOR CORNER;

SOUTH 81 DEGREES 27 MINUTES 59 SECONDS WEST, A DISTANCE OF

280.75 FEET TO A POINT FOR CORNER;

SOUTH 77 DEGREES 36 MINUTES 21 SECONDS WEST, A DISTANCE OF

411.40 FEET TO A POINT FOR CORNER ON THE EAST RIGHT-OF-WAY OF F.M.

157 (A VARIABLE WIDTH RIGHT-OF-WAY) AND BEING THE SOUTHWEST CORNER

OF AFORESAID 1845.082 ACRE TRACT;

THENCE NORTH 21 DEGREES 33 MINUTES 59 SECONDS WEST, ALONG THE

EAST RIGHT-OF-WAY OF AFORESAID F.M. 157, A DISTANCE OF 147.43 FEET

TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP STAMPED "BRITTAIN &

CRAWFORD" FOUND FOR THE SOUTHWEST CORNER OF A CALLED 4.133 ACRE

TRACT OF LAND CONVEYED TO THE CITY OF ARLINGTON BY DEED RECORDED IN

VOLUME 12828, PAGE 331, DEED RECORDS, TARRANT COUNTY, TEXAS;

THENCE ALONG THE SOUTH LINE OF AFORESAID 4.133 ACRE TRACT THE

FOLLOWING COURSES AND DISTANCES:

NORTH 58 DEGREES 28 MINUTES 28 SECONDS EAST, A DISTANCE OF

356.72 FEET TO A 4 INCH IRON ROD WITH A PLASTIC CAP STAMPED

"BRITTAIN & CRAWFORD" FOUND FOR CORNER:

NORTH 77 DEGREES 06 MINUTES 36 SECONDS EAST, A DISTANCE OF

699.84 FEET TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP STAMPED

"BRITTAIN & CRAWFORD" FOUND FOR THE SOUTHEAST CORNER OF AFORESAID

4.133 ACRE TRACT;

THENCE NORTH 12 DEGREES 51 MINUTES 10 SECONDS WEST, ALONG THE

EAST LINE OF AFORESAID 4.133 ACRE TRACT, A DISTANCE OF 240.00 FEET

TO A 5/8 INCH IRON ROD WITH A YELLOW PLASTIC CAP STAMPED "CARTER

BURGESS" SET FOR THE NORTHEAST CORNER OF SAID 4.133 ACRE TRACT;

THENCE ALONG THE NORTH LINE OF AFORESAID 4.133 ACRE TRACT THE

FOLLOWING COURSES AND DISTANCES:

SOUTH 80 DEGREES 19 MINUTES 13 SECONDS WEST, A DISTANCE OF

257.68 FEET TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP STAMPED

"BRITTAIN&CRAWFORD" FOUND FOR CORNER;

SOUTH 58 DEGREES 30 MINUTES 28 SECONDS WEST, A DISTANCE OF

840.01 FEET TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP STAMPED

"BRITTAIN& CRAWFORD" FOUND FOR THE NORTHWEST CORNER OF AFORESAID

4.133 ACRE TRACT AND BING ON THE EAST RIGHT-OF-WAY OF AFORESAID F.M.

157;

THENCE ALONG THE WEST LINE OF AFORESAID 1845.082 ACRE TRACT

AND THE COMMON EAST RIGHT-OF-WAY OF AFORESAID F.M. 157 THE

FOLLOWING COURSES AND DISTANCES:

NORTH 21 DEGREES 42 MINUTES 18 SECONDS WEST, A DISTANCE OF

109.35 FEET TO A 5/8 INCH IRON ROD WITH A YELLOW PLASTIC CAP STAMPED

"CARTER BURGESS" SET FOR CORNER AND BEING THE BEGINNING OF A

NON-TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 00 DEGREES

30 MINUTES 36 SECONDS, A RADIUS OF 2915.00 FEET, A CHORD BEARING OF

NORTH 21 DEGREES, 56 MINUTES 18 SECONDS WEST, AND A CHORD LENGTH OF

25.95 FEET;

ALONG SAID NON-TANGENT CURVE TO THE RIGHT, AN ARC LENGTH OF

25.95 FEET, TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM

DISC FOUND FOR CORNER AND BEING THE BEGINNING OF A COMPOUND CURVE TO

THE RIGHT HAVING A CENTRAL ANGLE OF 18 DEGREES 13 MINUTES 17

SECONDS, A RADIUS OF 7572.80 FEET, A CHORD BEARING OF NORTH 09

DEGREES 40 MINUTES 45 SECONDS WEST, AND A CHORD LENGTH OF 2398.20

FEET;

ALONG SAID COMPOUND CURVE TO THE RIGHT, AN ARC LENGTH OF

2408.33 FEET, TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM

DISC FOUND FOR CORNER;

NORTH 00 DEGREES 34 MINUTES 23 SECONDS WEST, A DISTANCE OF

1010.42 FEET TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM

DISC FOUND FOR CORNER AND BEING THE BEGINNING OF A

NON-TANGENT CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 01 DEGREES

39 MINUTES 25 SECONDS, A RADIUS OF 7702.81 FEET, A CHORD BEARING OF

NORTH 01 DEGREE 24 MINUTES 46 SECONDS WEST, AND A CHORD LENGTH OF

222.73 FEET;

ALONG SAID NON-TANGENT CURVE TO THE LEFT, AN ARC LENGTH OF

222.74 FEET, TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM

DISC FOUND FOR CORNER;

NORTH 02 DEGREES 00 MINUTES 01 SECONDS EAST, A DISTANCE OF

141.04 FEET TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM

DISC FOUND FOR CORNER AND BEING THE BEGINNING OF A TANGENT CURVE TO

THE LEFT HAVING A CENTRAL ANGLE OF 04 DEGREES 24 MINUTES 13 SECONDS,

A RADIUS OF 7714.81 FEET, A CHORD BEARING OF NORTH 05 DEGREES 26

MINUTES 04 SECONDS WEST, AND A CHORD LENGTH OF 592.80 FEET;

ALONG SAID TANGENT CURVE TO THE LEFT AN ARC LENGTH OF 592.95

FEET, TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM DISC

FOUND FOR CORNER AND THE BEGINNING OF A NON-TANGENT CURVE TO THE

RIGHT HAVING A CENTRAL ANGLE OF 28 DEGREES 43 MINUTES 26 SECONDS, A

RADIUS OF 98.00 FEET, A CHORD BEARING OF NORTH 22 DEGREES 16 MINUTES

41 SECONDS WEST, AND A CHORD LENGTH OF 48.62 FEET;

ALONG SAID NON-TANGENT CURVE TO THE RIGHT AN ARC LENGTH OF

49.13 FEET, TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM

DISC FOUND FOR CORNER AND BEING THE BEGINNING OF A NON-TANGENT CURVE

TO THE LEFT HAVING A CENTRAL ANGLE OF 06 DEGREES 29 MINUTES 03

SECONDS, A RADIUS OF 7702.81 FEET, A CHORD BEARING OF NORTH 11

DEGREES 15 MINUTES 19 SECONDS WEST, AND A CHORD LENGTH OF 871.25

FEET;

ALONG SAID NON-TANGENT CURVE TO THE LEFT AN ARC LENGTH OF

871.71 FEET, TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM

DISC FOUND FOR CORNER;

NORTH 14 DEGREES 29 MINUTES 44 SECONDS WEST, A DISTANCE OF

200.89 FEET TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM

DISC FOUND FOR CORNER;

NORTH 09 DEGREES 39 MINUTES 23 SECONDS WEST, A DISTANCE OF

142.48 FEET TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM

DISC FOUND FOR CORNER;

NORTH 14 DEGREES 31 MINUTES 04 SECONDS WEST, A DISTANCE OF

508.91 FEET TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM

DISC FOUND FOR CORNER AND BEING THE BEGINNING OF A NON-TANGENT CURVE

TO THE RIGHT HAVING A CENTRAL ANGLE OF 28 DEGREES 54 MINUTES 05

SECONDS, A RADIUS OF 98.00 FEET, A CHORD BEARING OF NORTH 28 DEGREES

30 MINUTES 51 SECONDS WEST, AND A CHORD LENGTH OF 48.91 FEET;

ALONG SAID NON-TANGENT CURVE TO THE RIGHT AN ARC LENGTH OF

49.43 FEET, TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH A ALUMINUM

DISC FOUND FOR CORNER AND BEING THE BEGINNING OF A NON-TANGENT CURVE

TO THE RIGHT HAVING A CENTRAL ANGLE OF 03 DEGREES 11 MINUTES 42

SECONDS, A RADIUS OF 7572.90 FEET, A CHORD BEARING OF NORTH 12

DEGREES 29 MINUTES 55 SECONDS WEST, AND A CHORD LENGTH OF 422.24

FEET;

ALONG SAID NON-TANGENT CURVE TO THE RIGHT AN ARC LENGTH OF

422.30 FEET, TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM

DISC FOUND FOR CORNER;

SOUTH 89 DEGREES 35 MINUTES 25 SECONDS EAST, A DISTANCE OF

30.77 FEET TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH A ALUMINUM DISC

FOUND FOR CORNER AND THE BEGINNING OF NON-TANGENT CURVE TO THE RIGHT

HAVING A CENTRAL ANGLE OF 01 DEGREES 33 MINUTES 03 SECONDS, A RADIUS

OF 7542.79 FEET, A CHORD BEARING OF NORTH 10 DEGREES 09 MINUTES 45

SECONDS WEST, AND A CHORD LENGTH OF 204.17 FEET;

ALONG SAID NON-TANGENT CURVE TO THE RIGHT AN ARC LENGTH OF

204.18 FEET, TO A 5/8 INCH IRON ROD WITH A YELLOW PLASTIC CAP

STAMPED "CARTER BURGESS" SET FOR THE NORTHWEST CORNER OF AFORESAID

1845.082 ACRE TRACT AND ON THE SOUTH LINE OF A TRACT OF LAND

CONVEYED TO HATTON W. SUMNERS FOUNDATION FOR THE STUDY AND TEACHING

OF THE SCIENCE OF SELF-GOVERNMENT, INC., A TEXAS NON-PROFIT

CORPORATION BY DEED RECORDED IN VOLUME 13589, PAGE 161, DEED

RECORDS, TARRANT COUNTY, TEXAS;

THENCE NORTH 89 DEGREES 30 MINUTES 35 SECONDS EAST, ALONG A

NORTH LINE OF AFORESAID 1845.082 ACRE TRACT AND THE SOUTH LINE OF

AFORESAID HATTON W. SUMNERS FOUNDATION TRACT, A DISTANCE OF 2454,47

FEET TO A 5/8 INCH IRON ROD WITH A YELLOW PLASTIC CAP STAMPED

"CARTER BURGESS" SET FOR AN ELL CORNER OF SAID 1845.082 ACRE TRACT

AND THE SOUTHEAST CORNER OF SAID HATTON W. SUMNERS FOUNDATION

TRACT;

THENCE NORTH 00 DEGREES 29 MINUTES 38 SECONDS WEST, ALONG A

WEST LINE OF AFORESAID 1845.082 ACRE TRACT AND THE COMMON EAST LINE

OF AFORESAID HATTON W. SUMNERS FOUNDATION TRACT, A DISTANCE OF

604.03 FEET TO 5/8 INCH IRON ROD WITH A YELLOW PLASTIC CAP STAMPED

"CARTER BURGESS" SET FOR THE SOUTHWEST CORNER OF A TRACT OF LAND

CONVEYED TO GREENFIELD DEVELOPMENT INC., BY DEED RECORDED IN VOLUME

10251, PAGE 1299, DEED RECORDS, TARRANT COUNTY, TEXAS;

THENCE NORTH 89 DEGREES 18 MINUTES 20 SECONDS EAST, ALONG A

NORTH LINE OF AFORESAID 1845.082 ACRE TRACT AND THE COMMON SOUTH

LINES OF AFORESAID GREENFIELD DEVELOPMENT TRACT AND AFORESAID SON

WINN AND K.C. YALE TRACT, A DISTANCE OF 2653.20 FEET TO THE POINT OF

BEGINNING, AND CONTAINING 1962.421 ACRES OF LAND, MORE OR LESS.

TRACT 2

BEING A 1.996 ACRE TRACT OF LAND SITUATED IN THE PATRICK G.

DALTON SURVEY, ABSTRACT NO. 414, CITY OF ARLINGTON, TARRANT COUNTY,

TEXAS, AND BEING ALL OF A CALLED 1.993 ACRE TRACT OF LAND, CONVEYED

AS TRACT TWO TO LOBF, L.P. BY DEED RECORDED IN DOCUMENT

NO. D204096335, DEED RECORDS, TARRANT COUNTY, TEXAS. SAID 1.996

ACRE TRACT, WITH REFERENCE BEARING BEING GRID NORTH, TEXAS STATE

PLANE COORDINATES, NORTH CENTRAL ZONE 4202 AS DETERMINED FROM CITY

OF ARLINGTON CONTROL MONUMENTS "AR02" AND "AR04", BEING MORE

PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:

BEGINNING AT A 1/2 INCH IRON ROD WITH A PLASTIC CAP STAMPED

"BRITTAIN& CRAWFORD" FOUND FOR THE NORTH CORNER OF AFORESAID 1.993

ACRE TRACT AND BEING ON THE SOUTHWEST RIGHT-OF-WAY OF OLD F.M. 157

(A VARIABLE WIDTH RIGHT-OF-WAY NOW CLOSED);

THENCE SOUTH 21 DEGREES 50 MINUTES 34 SECONDS EAST, ALONG THE

NORTHEAST LINE OF AFORESAID 1.993 ACRE TRACT AND THE COMMON

SOUTHWEST RIGHT-OF-WAY OF AFORESAID OLD F.M. 157, A DISTANCE OF

843.24 FEET TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP STAMPED

"BRITTAIN& CRAWFORD" FOUND FOR THE SOUTHWEST CORNER OF SAID 1.993

ACRE TRACT;

THENCE SOUTH 82 DEGREES 43 MINUTES 04 SECONDS WEST, ALONG TH

SOUTH LINE OF AFORESAID 1.993 ACRE TRACT AND THE NORTH LINE OF A

CALLED 22.049 ACRE TRACT OF LAND CONVEYED TO THE CITY OF ARLINGTON

BY DEED RECORDED IN VOLUME 15590, PAGE 18, DEED RECORDS, TARRANT

COUNTY, TEXAS, A DISTANCE OF 213.06 FEET TO A 1/2 INCH IRON ROD WITH

A PLASTIC CAP STAMPED "BRITTAIN&CRAWFORD" FOUND FOR THE SOUTHWEST

CORNER OF SAID 1.993 ACRE TRACT AND THE INSIDE ELL CORNER OF SAID

22.049 ACRE TRACT;

THENCE NORTH 07 DEGREES 12 MINUTES 25 SECONDS WEST, ALONG THE

WEST LINE OF AFORESAID 1.993 ACRE TRACT AND THE COMMON EAST LINE OF

AFORESAID 22.049 ACRE TRACT, A DISTANCE OF 816.16 FEET TO THE POINT

OF BEGINNING, AND CONTAINING 1.996 ACRES OF LAND, MORE OR LESS.

TRACT 3

BEING A 45.251 ACRE TRACT OF LAND SITUATED IN THE PATRICK G.

DALTON SURVEY, ABSTRACT NO. 414, AND THE WILLIAM JENKINS SURVEY,

ABSTRACT NO. 856, CITY OF ARLINGTON, TARRANT COUNTY, TEXAS, AND

BEING ALL OF A CALLED 45.251 ACRE TRACT OF LAND, CONVEYED AS TRACT

FOUR TO LOBF, L.P. BY DEED RECORDED IN DOCUMENT NO. D204096335,

DEED RECORDS, TARRANT COUNTY, TEXAS. SAID 45.251 ACRE TRACT, WITH

REFERENCE BEARING BEING GRID NORTH, TEXAS STATE PLANE COORDINATES,

NORTH CENTRAL ZONE 4202 AS DETERMINED FROM CITY OF ARLINGTON

CONTROL MONUMENTS "AR02" AND "AR04", BEING MORE PARTICULARLY

DESCRIBED BY METES AND BOUNDS AS FOLLOWS:

BEGINNING AT A 1/2 INCH IRON ROD WITH A PLASTIC CAP STAMPED

"BRITTAIN&CRAWFORD" FOUND FOR THE NORTH CORNER OF AFORESAID 45.251

ACRE TRACT AND BEING ON THE WEST RIGHT-OF-WAY OF F.M. 157 (A

VARIABLE WIDTH RIGHT-OF-WAY) AND ON THE EAST RIGHT-OF-WAY OF OLD

F.M. 157 (A VARIABLE WIDTH RIGHT-OF-WAY NOW CLOSED) AND BEING THE

BEGINNING OF A TANGENT CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF

04 DEGREES 11 MINUTES 08 SECONDS, A RADIUS OF 7702.79 FEET, A CHORD

BEARING OF SOUTH 12 DEGREES 27 MINUTES 30 SECONDS EAST, AND A CHORD

LENGTH OF 562.59 FEET;

THENCE ALONG THE EAST LINE OF AFORESAID 45.251 ACRE TRACT AND

THE COMMON WEST RIGHT-OF-WAY OF F.M. 157 THE FOLLOWING COURSES AND

DISTANCES:

ALONG SAID TANGENT CURVE TO THE LEFT, AN ARC LENGTH OF 562.71

FEET, TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM DISC

FOUND FOR CORNER;

SOUTH 14 DEGREES 29 MINUTES 51 SECONDS EAST, A DISTANCE OF

843.12 FEET TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM

DISC FOUND FOR CORNER AND BEING THE BEGINNING OF A NON-TANGENT CURVE

TO THE RIGHT HAVING A CENTRAL ANGLE OF 13 DEGREES 56 MINUTES 23

SECONDS, A RADIUS OF 7572.81 FEET, A CHORD BEARING OF SOUTH 07

DEGREES 32 MINUTES 07 SECONDS EAST, AND A CHORD LENGTH OF 1837.89

FEET ;

ALONG SAID NON-TANGENT CURVE TO THE RIGHT, AN ARC LENGTH OF

1842.43 FEET, TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM

DISC FOUND FOR CORNER;

SOUTH 00 DEGREES 32 MINUTES 59 SECONDS EAST, A DISTANCE OF

1011.25 FEET TO A CONCRETE RIGHT-OF-WAY MONUMENT WITH AN ALUMINUM

DISC FOUND FOR CORNER AND BEING THE BEGINNING OF A NON-TANGENT CURVE

TO THE LEFT HAVING A CENTRAL ANGLE OF 11 DEGREES 20 MINUTES 40

SECONDS, A RADIUS OF 7702.80 FEET, A CHORD BEARING OF SOUTH 06

DEGREES 14 MINUTES 20 SECONDS EAST, AND A CHORD LENGTH OF 1522.65

FEET;

ALONG SAID NON-TANGENT CURVE TO THE LEFT, AN ARC LENGTH OF

1525.14 FEET, TO A 1/2 INCH IRON ROD FOUND FOR THE SOUTHEAST CORNER

OF AFORESAID 45.251 ACRE TRACT;

THENCE SOUTH 82 DEGREES 46 MINUTES 55 SECONDS WEST, ALONG THE

SOUTH LINE OF AFORESAID 45.251 ACRE TRACT, A DISTANCE OF 24.91 FEET

TO A 1/2 INCH IRON ROD FOUND FOR THE SOUTHWEST CORNER OF SAID 45.251

ACRE TRACT AND BEING ON THE EAST RIGHT-OF-WAY OF AFORESAID OLD F.FM.

157;

THENCE ALONG THE WEST LINE OF AFORESAID 45.251 ACRE TRACT AND

THE COMMON EAST RIGHT-OF-WAY OF AFORESAID OLD F.M. 157 THE

FOLLOWING COURSES AND DISTANCES:

NORTH 21 DEGREES 51 MINUTES 02 SECONDS WEST, A DISTANCE OF

1508.74 FEET TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP STAMPED

"BRITTAIN& CRAWFORD" FOUND FOR CORNER AND BEING THE BEGINNING OF A

NON-TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 21 DEGREES

16 MINUTES 14 SECONDS, A RADIUS OF 1860.00 FEET, A CHORD BEARING OF

NORTH 11 DEGREES 18 MINUTES 12 SECONDS WEST, AND A CHORD LENGTH OF

686.55 FEET;

ALONG SAID NON-TANGENT CURVE TO THE RIGHT, AN ARC LENGTH OF

690.50 FEET, TO A 4 INCH IRON ROD WITH A PLASTIC CAP STAMPED

"BRITTAIN& CRAWFORD" FOUND FOR CORNER;

NORTH 00 DEGREES 40 MINUTES 04 SECONDS WEST, A DISTANCE OF

3343.13 FEET TO A 1/2 INCH IRON ROD WITH A PLASTIC CAP STAMPED

"BRITTAIN& CRAWFORD" FOUND FOR CORNER;

NORTH 02 DEGREES 08 MINUTES 14 SECONDS EAST, A DISTANCE OF

299.32 FEET TO THE POINT OF BEGINNING, AND CONTAINING 45.251 ACRES

OF ALND, MORE OR LESS.

TRACT 4

BEING A 4.254 ACRE TRACT OF LAND SITUATED IN THE JOHN BURNETT

SURVEY, ABSTRACT NO. 178, CITY OF ARLINGTON, TARRANT COUNTY, TEXAS,

AND BEING ALL OF A CALLED 4.254 ACRE TRACT OF LAND, CONVEYED AS

TRACTA SIX TO LOBF, L.P. BY DEED RECORDED IN DOCUMENT

NO. D204096335, DEED RECORDS, TARRANT COUNTY, TEXAS. SAID 4.254

ACRE TRACT, WITH REFERENCE BEARING BEING GRID NORTH, TEXAS STATE

PLANE COORDINATES, NORTH CENTRAL ZONE 4202 AS DETERMINED FORM CITY

OF ARLINGTON CONTROL MONUMENTS "AR02" AND "AR04", BEING MORE

PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:

BEGINNING AT A 1/2 INCH IRON ROD WITH A PLASTIC CAP STAMPED

"BRITTAIN& CRAWFORD" FOUND FOR THE NORTHWEST CORNER OF AFORESAID

4.254 ACRE TRACT AND BEING THE NORTHEAST CORNER OF BLOCK 1 OF POST

OAK VILLAGE AN ADDITION TO THE CITY OF ARLINGTON BY PLAT RECORDED IN

VOLUME 388-144, PAGE 66, PLAT RECORDS, TARRANT COUNTY, TEXAS AND

BEING ON THE SOUTH RIGHT-OF-WAY OF TRINITY BOULEVARD (A VARIABLE

WIDTH RIGHT-OF-WAY) ;

THENCE SOUTH 80 DEGREES 36 MINUTES 41 SECONDS EAST, ALONG THE

NORTH LINE OF AFORESAID 4.254 ACRE TRACT AND THE COMMON SOUTH

RIGHT-OF-WAY OF AFORESAID TRINITY BOULEVARD, A DISTANCE OF 101.28

FEET TO A "X" CUT FOUND FOR THE NORTHEAST CORNER OF AFORESAID 4.254

ACRE TRACT AND BEING THE NORTHWEST CORNER OF LOT 1, BLOCK 1 OF THE

TRINITY/360 ADDITION TO THE CITY OF ARLINGTON BY PLAT RECORDED IN

CABINET "A", SLIDE 2590, PLAT RECORDS, TARRANT COUNTY, TEXAS;

THENCE SOUTH 00 DEGREES 15 MINUTES 42 SECONDS WEST, ALONG THE

EAST LINE OF AFORESAID 4.254 ACRE TRACT AND THE COMMON WEST LINE OF

AFORESAID LOT 1, BLOCK 1 AND THE WEST LINE OF A TRACT OF LAND

CONVEYED TO DALLAS-FORT WORTH REGIONAL AIRPORT BOARD BY

RIGHT-OF-WAY OF THE TRINITY RAILWAY EXPRESS (A VARIABLE WIDTH

RIGHT-OF-WAY);

THENCE SOUTH 07 DEGREES 42 MINUTES 42 SECONDS EAST, A

DISTANCE OF 475.83 FEET TO A 1/2 INCH IRON ROD FOUND FOR CORNER;

THENCE SOUTH 00 DEGREES 18 MINUTES 35 SECONDS EAST, A

DISTANCE OF 152.82 FEET TO A CONCRETE MONUMENT FOUND FOR THE

SOUTHEAST CORNER OF AFORESAID 15.040 ACRE TRACT AND BEING AT THE

INTERSECTION OF THE WEST RIGHT-OF-WAY OF AFORESAID SOUTH EULESS

MAIN STREET AND THE NORTH RIGHT-OF-WAY OF CALLOWAY CEMETERY ROAD (A

VARIABLE WIDTH RIGHT-OF-WAY);

THENCE NORTH 89 DEGREES 30 MINUTES 23 SECONDS WEST, ALONG THE

SOUTH LINE OF AFORESAID 15.040 ACRE TRACT AND THE COMMON NORTH

RIGHT-OF-WAY OF AFORESAID 15.040 ACRE TRACAT, A DISTANCE OF 1811.58

FEET TO A PK NAIL FOUND FOR THE SOUTHWEST CORNER OF SAID 15.040 ACRE

TRACT;

THENCE NORTH 00 DEGREES 26 MINUTES 28 SECONDS EAST, ALONG THE

WEST LINE OF AFORESAID 15.040 ACRE TRACAT, A DISTANCE OF 99.13 FEET

TO THE POINT OF BEGINNING, AND CONTAINING 15.060 ACRES OF LAND, MORE

OR LESS.

TRACT 5

BEING A 4.254 ACRE TRACT OF LAND SITUATED IN THE JOHN BURNETT

SURVEY, ABSTRACT NO. 178, CITY OF ARLINGTON, TARRANT COUNTY, TEXAS,

AND BEING ALL OF A CALLED 4.254 ACRE TRACT OF LAND, CONVEYED AS

TRACT SIX TO LOBF, L.P. BY DEED RECORDED IN DOCUMENT

NO. D204096335,

DEED RECORDS, TARRANT COUNTY, TEXAS. SAID 4.254 ACRE TRACT,

WITH REFERENCE BEARING BEING GRID NORTH, TEXAS STATE PLANE

COORDINATES, NORTHCENTRAL ZONE 4202 AS DETERMINED FROM CITY OF

ARLINGTON CONTROL MONUMENTS "AR02" AND "AR04", BEING MORE

PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:

BEGINNING AT A 1/2 INCH IRON ROD WITH A PLASTIC CAP STAMPED

"BRITTAIN&CRAWFORD" FOUND FOR THE NORTHWEST CORNER OF AFORESAID

4.254 ACRE TRACT AND BEING THE NORTHEAST CORNER OF BLOCK 1 OF POST

OAK VILLAGE AN ADDITION TO THE CITY OF ARLINGTON BY PLAT RECORDED IN

VOLUME 388-144, PAGE 66, PLAT RECORDS, TARRANT COUNTY, TEXAS AND

BEING ON THE SOUTH RIGHT-OF-WAY OF TRINITY BOULEVARD (A VARIABLE

WIDTH RIGHT-OF-WAY);