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Exhibit 1
<br /> DESCRIPTION OF PROPOSED PROPERTY ANNEXATION
<br /> SECTION 1,TOWNSHIP 32 SOUTH,RANGE 38 EAST AND PART OF SECTION 36,TOWNSHIP 31 SOUTH,RANGE 38 EAST,
<br /> INDIAN RIVER COUNTY,FLORIDA
<br /> DESCRIPTION OF PROPOSED LAND ANNEXATION THENCE RUN SOUTH 00'05'15' WEST ALONG SAID WEST TOWNSHIP 32 SOUTH,RANGE 39 EAST,RECORDED WITH THE
<br /> RIGHT OF WAY LINE A DISTANCE OF FEET TO THE FLOR0.26
<br /> ALL THAT LAND LYING IN SECTION 1,TOWNSHIP 32 SOUTH, WESTERLY EXTENSION OF THE SOUTH RIIGHT OF WAY LINE CERTIFIED C RNERNTAL RECORD OFT VDOCKETNNUMBERT063825N
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<br /> RANGE 38 EAST AND PART OF SECTION 36, TOWNSHIP 31 OF THE SEBASTIAN IMPROVEMENT DISTRICT LATERAL'H-14E THENCE RUN SOUTH 89"53'29" WEST ALONG SAID NORTH
<br /> SOUTH, RANGE 38 EAST, INDIAN RIVER COUNTY, FLORIDA. CANAL' 100.00 FEET WIDE RIGHT OF WAY AS RECORDED IN RIGHT OF WAY LINE A DISTANCE OF 754.22 FEET TO THE
<br /> BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: CHANCERY ORDER BOOK 9, PAGE 564 OF THE PUBLIC WEST RIGHT OF WAY LINE OF AFORESAID LATERAL'L'CANAL;
<br /> OF INDIANCOUNTY,FLORIDA;THENCE RUN THENCE RUN
<br /> VER
<br /> COMMENCING AT THE COMMON SECTION CORNER OF SOUTTIIDS 89'44.16"EASTIALONG SAID WESTERLY EXTENSION RIGHT OF WAY OLNEIA DISTANCE�OF ST 175ONG0 FEETIDTOWEST
<br /> THE
<br /> SECTION 2s,28,35 AND 36,TOWNSHIP 31 SOUTH,RANGE 38 AND SOUTH RIGHT OF WAY OF LATERAL 12-140'CANAL A NORTH RIGHT OF WAY LINE OF THAT CERTAIN ROAD RIGHT
<br /> EAST,INDIAN RIVER COUNTY,FLORIDA,MARKED BY A FOUND DISTANCE OF 740.98 FEET TO THE COMMON RANGE LINE OF OF WAY DEED RECORDED IN OFFICIAL RECORDS BOOK 220,
<br /> 20d NAIL WITH NO IDENTIFICATION RECORDED WITH THE RANGE 38 EAST AND RANGE 39 EAST,ALSO BEING THE EAST PAGE 489 OF THE PUBLIC RECORDS OF INDIAN RIVER
<br /> FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION LINE OF AFORESAID SECTION 30, TOWNSHIP 31 SOUTH, COUNTY,FLORIDA;THENCE RUN ALONG SAID NORTH RIGHT
<br /> CERTIFIED CORNER RECORD DOCKET NUMBER 063806,RUN RANGE 38 EAST THENCE RUN SOUTH 00°11'28'WEST ALONG OF WAY LINE THE FOLLOWING COURSES: SOUTH 89'53'29"
<br /> NORTH 89'56'13' EAST ALONG THE NORTH LINE OF SAID SAID EAST LINE OF SECTION 38 AND RANGE LINE A DISTANCE WEST A DISTANCE OF 275.00 FEET; THENCE RUN SOUTH
<br /> SECTION 36, TOWNSHIP 31 SOUTH, RANGE 38 EAST A OF 1280.06 FEET TO THE SOUTHEAST CORNER OF SAID 00.07'44" WEST A DISTANCE OF 10.00 FEET;THENCE RUN
<br /> DISTANCE OF 125.00 FEET: THENCE LEAVING SAID NORTH SECTION 36 ALSO BEING THE SOUTHWEST CORNER OF SOUTH 89'53'29'WEST A DISTANCE OF 30000 FEET;THENCE
<br /> SECTION LINE RUN SOUTH 00-04'07"WEST A DISTANCE OF SECTION 31,TOWNSHIP 31 SOUTH,RANGE 39 EAST MARKED RUN SOUTH 00.07'44" WEST A DISTANCE OF 5.00 FEET;
<br /> 40,01 FEET TO THE POINT OF INTERSECTION OF THE SOUTH BY A FOUND 4"x4' CONCRETE MONUMENT WITH NO THENCE RUN SOUTH 89'53'29'WEST A DISTANCE OF 100.00
<br /> RIGHT OF WAY LINE OF WABASSO ROAD I S.R. 510/85TH IDENTIFICATION RECORDED WITH THE FLORIDA FEET;THENCE RUN SOUTH 00.07'44'WEST A DISTANCE OF
<br /> STREET, RIGHT OF WAY MAP SECTION 88510.2601, AS DEPARTMENT OF ENVIRONMENTAL PROTECTION CERTIFIED 5.00 FEET;THENCE RUN SOUTH 89'53'29'WEST A DISTANCE
<br /> RECORDED IN OFFICIAL RECORDS BOOK 181,PAGE 593 AND CORNER RECORD DOCKET NUMBER 078031; THENCE RUN OF 3768.00 FEET TO THE AFORESAID EAST RIGHT OF WAY
<br /> 658 OF THE PUBLIC RECORDS OF INDIAN RIVER COUNTY, SOUTH 89.50'19' EAST ALONG THE SOUTH LINE OF SAID LINE OF THE SEBASTIAN IMPROVEMENT DISTRICT LATERAL
<br /> FLORIDA AND THE EAST RIGHT OF WAY LINE OF THE SECTION 31 A DISTANCE OF 4.05 FEET TO THE NORTHWEST 'C'CANAL 225.00 FEET WIDE RIGHT OF WAY AS RECORDED IN
<br /> SEBASTIAN IMPROVEMENT DISTRICT LATERAL 'C' CANAL/ CORNER OF SECTION 6, TOWNSHIP 32 SOUTH, RANGE 39 DEED BOOK 32, PAGE 177; THENCE RUN NORTH 00'07'03"
<br /> 820d/ AVENUE, 250,00 FEET WIDE RIGHT OF WAY AS EAST,ALSO BEING THE NORTHEAST CORNER OF SECTION 1, EAST ALONG SAID EAST RIGHT OF WAY LINE A DISTANCE OF
<br /> RECORDED IN DEED BOOK 32 , PAGE 177 OF THE PUBLIC TOWNSHIP 32 SOUTH,RANGE 38 EAST MARKED BY A FOUND 263727 FEET TO THE INTERSECTION OF THE EAST I WEST
<br /> RECORDS OF INDIAN RIVER COUNTY,FLORIDA,SAID POINT 4"x4"CONCRETE MONUMENT WITH ALUMINUM DISK STAMPED QUARTER SECTION LINE OF AFORESAID SECTION 1;THENCE
<br /> OF INTERSECTION BEING THE POINT OF BEGINNING OF THE 'CARTER ASSOCIATES, INC PRM LB 205" RECORDED WITH CONTINUE NORTH 00.07'03'EAST ALONG SAID EAST RIGHT
<br /> FOLLOWING DESCRIBED PROPERTY ANNEXATION; THE FLORIDA DEPARTMENT OF ENVIRONMENTAL OF WAY LINE A DISTANCE OF 2679.25 FEET TO THE
<br /> PROTECTION CERTIFIED CORNER RECORD DOCKET NUMBER INTERSECTION WITH THE NORTH LINE OF SAID SECTION 1
<br /> FROM THE POINT OF BEGINNING RUN NORTH 89'56'13'EAST 078026,SAID DESCRIBED SECTION CORNERS COMPRISED AS AND SOUTH LINE OF AFORESAID SECTION 36,TOWNSHIP 31
<br /> ALONG THE AFORESAID SOUTH RIGHT OF WAY LINE OF DOUBLE CORNERS EAST TO WEST ON THE COMMON SOUTH, RANGE 38 EAST, ALSO BEING THE COMMON
<br /> WABASSO ROAD/S.R.510/85TH STREET,A DISTANCE OF TOWNSHIP LINE OF TOWNSHIP 31 AND 32 SOUTH WITH THE TOWNSHIP LINE OF TOWNSHIP 31 AND 32 SOUTH;THENCE
<br /> 2435.37 FEET TO THE WEST RIGHT OF WAY LINE OF THE COMMON RANGE LINE OF RANGE 38 AND 39 EAST;THENCE CONTINUE ON SAID EAST RIGHT OF WAY LINE RUN NORTH
<br /> SEBASTIAN IMPROVEMENT DISTRICT 'LATERAL 'L' CANAL', RUN SOUTH 00'13'25"WEST ALONG SAID COMMON RANGE 00'04'07' EAST A DISTANCE OF 1279.32 FEET TO THE
<br /> 150.00 FEET WIDE RIGHT OF WAY AS RECORDED IN OFFICIAL LINE,AND EAST LINE OF AFORESAID SECTION 1,TOWNSHIP INTERSECTION WITH THE SOUTH RIGHT OF WAY LINE OF THE
<br /> RECORDS BOOK 210,PAGE 300 OF THE PUBLIC RECORDS OF 32 SOUTH,RANGE 38 EAST,ALSO BEING THE WEST LINE OF SEBASTIAN IMPROVEMENT DISTRICT LATERAL'C-3E'CANAL
<br /> INDIAN RIVER COUNTY, FLORIDA; THENCE RUN SOUTH THE INDIAN RIVER FARMS WATER CONTROL DISTRICT"DIKE/ 100.00 FEET WIDE RIGHT OF WAY AS RECORDED IN DEED
<br /> 00.10'09" WEST ALONG SAID WEST RIGHT OF WAY LINE A LEVEE"100.00 FEET WIDE RIGHT OF WAY AS RECORDED IN BOOK 32, PAGE 177, PUBLIC RECORDS OF INDIAN RIVER
<br /> DISTANCE OF 1416.65 FEET TO THE WESTERLY EXTENSION DEED BOOK 48,PAGE 23 OF THE PUBLIC RECORDS OF ST. COUNTY, FLORIDA; THENCE RUN SOUTH 89'50'31' EAST
<br /> OF THE SOUTH RIGHT OF WAY LINE OF AFORESAID LATERAL LUCIE COUNTY,FLORIDA,A DISTANCE OF 2657.45 FEET TO ALONG SAID SOUTH RIGHT OF WAY LINE A DISTANCE OF 12.51
<br /> 'L' CANAL 150 W FEET WIDE RIGHT OF WAY;THENCE RUN THE EAST QUARTER CORNER OF SAID SECTION 1;THENCE FEET; THENCE CONTINUE NORTH 00"04'07" EAST ALONG
<br /> SOUTH 89'34'14'EAST ALONG SAID WESTERLY EXTENSION RUN SOUTH 00'01'45- WEST ALONG SAID EAST LINE OF AFORESAID EAST RIGHT OF WAY LINE OF SAID LATERAL'C'
<br /> AND SOUTH RIGHT OF WAY LINE A DISTANCE OF 1347.63 FEET SECTION 1 AND RANGE LINE A DISTANCE OF 2590.99 FEET TO CANAL, NOW BEING 250.00 FEET WIDE RIGHT OF WAY, A
<br /> TO THE WEST RIGHT OF WAY LINE OF SAID LATERAL 'L' THE INTERSECTION OF THE NORTH RIGHT OF WAY LINE OF DISTANCE OF 3997.98 FEET TO THE AFORESAID SOUTH RIGHT
<br /> CANAL 12500 FEET WIDE RIGHT OF WAY; THENCE RUN AFORESAID LATERAL'L'CANAL,125.00 FEET WIDE RIGHT OF OF WAY LINE OF WABASSO ROAD/C.R.510/85TH/STREET
<br /> SOUTH 00'10'26`WEST ALONG THE WEST RIGHT OF WAY LINE WAY AS RECORDED IN OFFICIAL RECORDS BOOK 210,PAGE AND POINT OF BEGINNING.
<br /> OF SAID LATERAL'L'CANAL A DISTANCE OF 840.57 FEET TO 300,SAID INTERSECTION POINT BEING NORTH 00'01'45'EAST
<br /> TI IL S01/111 111011T or WAY LINE OF SAID LATERAL'L'CANAL; 62.50 FEET FROM THE FOUND 4"x4"CONCRETE MONUMENT THE ABOVE DESCRIBED PROPOSED LAND ANNEXATION
<br /> THENCE RUN SOUTH 69'10'01" FAST ALONG SAID SOUTH WITH DISK STAMPED "RLS 1192' MARKING THE COMMON CONTAINING 48,889,617.86 S.F.OR 1117.76 ACRES(INCLUDES
<br /> NIGHT OF WAY LINE A DISTANCE OF 68433 FEET TO THE SECTION CORNER OF SECTIONS 1 AND 12, TOWNSIIIP 32 CANAL RIGHTS OF WAYS)
<br /> WEST RIGHT OF WAY LINE OF SAID LATERAL 'L' CANAL; SOUTH, RANGE 38 EAST AND SECTIONS 8 AND 7 OF
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<br /> TINS DESCRIPTION R NOT A BOUNDARY SURVEY
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<br /> GRAVES BROTHERS COMPANY (b/\] `,', Cf\IL'1'LILASSOCIA'I'I' INC. )� DESCRIPTION SHEET
<br /> A PWIIIOA CONPOnE1ION CONSULTING ENGINEERS AND LAND SlIIIVIY0X5 .- // �D,(,� SECTION I.TOWNSHIP 32 SOUTH.RANGE 38 EAST
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<br /> 0110INDIAN RIVER tlIVD ••• Zf CiN�14k 6 PMT OF SECTION 3u,TOWNSHIP 31 SOUTH,RANGE 38 EAST1 of 2
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