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PARCEL 1.

BEGINNING on the West right-of-way line of 700 West Street at a point which is North 0º17'31" East along the Section line 174.467 feet and North 89º42'29" West 53.00 feet from the East quarter corner of Section 26, Township 2 South, Range 1 West, Salt Lake Base and Meridian, and running thence South 86º33'00" West along the Northerly right-of-way line of the Union Pacific Railroad (formerly Denver & Rio Grande Western Railroad) 311.026 feet to a point of a 2,889.79 foot radius tangent curve to the left; thence Southwesterly along the arc of said curve, and said Northerly right-of-way line 136.18 feet; and through a central angle of 2º42'00"; thence South 83º51'00" West along said Northerly right-of-way line 188.153 feet; thence North 6º09'00" West along said Northerly right-of-way line 25.000 feet; thence South 83º51'00" West along said Northerly right-of-way line 1,193.047 feet; to a point of a 1,482.400 foot radius tangent curve to the left; thence Southwesterly along the arc of said curve, and said Northerly right-of-way line through a central angle of 47º16'49", 1,223.27 feet to a point which is said to be on the East bank of the Jordan River; thence South 83º00'00" West along said East bank 40.061 feet; thence North 25º19'00" West along said East bank 38.600 feet; thence North 16º07'00" East along said East bank 62.200 feet; thence North 30º53'00" East along said East bank 101.900 feet; thence North 27º10'00" East along said East bank 175.600 feet; thence North 18º42'00" East along said East bank 35.600 feet; thence North 23º22'00" East along said East bank 96.200 feet; thence North 5º23'00" East along said East bank 96.600 feet; thence North 6º25'00" East along said East bank 234.300 feet; thence North 13º20'00" West along said East bank 131.180 feet; thence North 2º00'00" West along said East bank 14.870 feet; thence departing from the said East bank of the Jordan River, and running thence North 25º00'00" East 132.00 feet; thence North 44º00'00" East 99.000 feet; thence North 37º00'00" West 132.00 feet; thence North 29º00'00" West 131.070 feet to a point which is said to be on the East bank of the Jordan River; thence North 5º54'00" West along said East bank 151.080 feet; thence North 2º42'00" West along said East bank 215.900 feet; thence North 4º40'00" West along said East bank 258.300 feet; thence North 2º28'00" West along said East bank 267.000 feet; thence North 4º31'00" West along said East bank 129.500 feet; thence North 4º23'00" West along said East bank 3.63 feet; thence North 5º36'01" West along said East bank 211.677 feet; thence North 0º01'31" West along said East bank 40.00 feet; thence North 4º03'48" West along said East bank 362.429 feet to the Southerly right-of-way line of said 7200 South Street (Jordan River Boulevard); thence departing said East bank of the Jordan River, and running thence North 89º20'39" East along said Southerly right-of-way line 275.460 feet to a point of a 1,369.900 foot radius tangent curve to the right; thence Southeasterly along the arc of said curve and said Southerly right-of-way line, through a central angle of 27º43'14", 662.775 feet; thence South 16º21'22" East along said Southerly right-of-way line 34.700 feet; thence South 60º18'00" East along said Southerly right-of-way line 76.00 feet; thence North 75º45'23" East along said Southerly right-of-way line 34.700 feet to a point on a 1,369.900 foot radius curve to the right, the center of said curve being South 32º20'07" West; thence Southeasterly along the arc of said curve to the right, and said Southerly right-of-way line 369.940 feet; thence South 42º11'31" East 215.550 feet to a point of a 1,335.740 foot radius tangent curve to the left; thence Southeasterly along the arc of said curve and said Southerly right-of-way line through a central angle of 12º03'18", 281.038 feet; thence South 10º51'59" East along said Southerly right-of-way line 36.020 feet; thence South 56º56'59" East along said Southerly right-of-way line 75.99 feet; thence North 76º58'02" East along said Southerly right-of-way line 36.010 feet to a point on a 1,335.740 foot radius curve to the left, the center of said curve being North 30º20'51" East; thence Southeasterly along the arc of said curve and said Southerly right-of-way line through a central angle of 30º11'59", 704.050 feet; thence South 89º51'08" East along said Southerly right-of-way line 383.770 feet; thence South 44º46'48" East along said Southerly right-of-way line 35.310 feet to the West right-of-way line of 700 West Street; thence South 0º17'31" West along said West right-of-way line 1,158.073 feet to the point of BEGINNING. Contains 115.28 acres.

EXCEPTING FROM SAID PARCEL 1 any portion lying below the mean high water mark of the Jordan River.

PARCEL 2.

BEGINNING South 0º08'36" West along the Section line 345.595 feet and West 670.489 feet from the East Quarter Corner of Section 26, Township 2 South, Range 1 West, Salt Lake Base and Meridian, and running thence South 1º43'31" West 1,016.338 feet; thence South 89º52'31" West 526.000 feet; thence South 0º07'29" East 983.650 feet to the North right-of-way line of Utah Highway 48 (7800 South); thence North 89º34'30" West along said North right-of-way line 45.630 feet; thence South 85º46'23" West along said North right-of-way line 208.990 feet; thence North 33º13'37" East 67.555 feet; thence North 56º46'23" West 50.000 feet; thence South 33º13'37" West 105.857 feet to the North right-of-way line of Utah Highway 48 (7800 South); thence South 85º46'23" West along said North right-of-way line 28.720 feet; thence South 84º41'58" West along said North right-of-way line 149.070 feet; thence South 81º39'53" West along said North right-of-way line 50.150 feet; thence South 85º21'15" West along said North right-of-way line 199.020 feet; thence North 85º48'46" West along said North right-of-way line 103.290 feet to a point on a 2,936.900 foot radius curve to the left, the center of said curve to the left being South 6º28'04" East; thence along the arc of said curve, and said North right-of-way line through a central angle of 8º43'56", 447.601 feet; thence South 74º48'00" West along said North right-of-way line 559.220 feet to a point which is said to be on the East bank of the Jordan River; thence North 2º17'00" East along said East bank 175.330 feet; thence North 0º51'00" West along said East bank 218.400 feet; thence North 1º40'00" East along said East bank 75.100 feet; thence North 3º47'00" East along said East bank 150.600 feet; thence North 5º44'00" East along said East bank 142.600 feet; thence North 11º16'00" East along said East bank 74.100 feet; thence North 43º20'00" East along said East bank 285.400 feet; thence North 18º52'00" East along said East bank 78.800 feet; thence North 1º48'00" East along said East bank 77.700 feet; thence North 25º02'00" West along said East bank 52.200 feet; thence North 20º02'00" West along said East bank 99.000 feet; thence North 0º50'00" East along said East bank 338.800 feet; thence North 5º12'00" East along said East bank 160.100 feet; thence North 5º34'00" West along said East bank 88.000 feet; thence North 27º04'23" West along said East bank 52.017 feet to the South right-of-way line of the Union Pacific Railroad (formerly Denver & Rio Grande Western Railroad) and a point on a 1,382.400 foot radius curve to the right, the center of said curve being South 55º09'56" East; thence departing from said East bank of the Jordan River Northeasterly along the arc of said curve to the right, and said South right-of-way line through a central angle of 49º00'56", 1,182.620 feet; thence North 83º51'00" East along said South right-of-way line 696.511 feet; thence South 7º50'31" West 257.241 feet; thence South 80º29'54" East 369.390 feet; thence South 11º11'23" East 11.600 feet; thence South 84º51'35" East 168.820 feet to the point of BEGINNING. Contains 99.89 acres.

EXCEPTING FROM SAID PARCEL 2 any portion lying below the mean high water mark of the Jordan River. (Ord. 8/7/2007O-10 § 1 (Exh. A (part)))