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RECEPTION#: 2777162, at 10/11/2016 4:01:34 PM, 5 of 14 <br />Recording: , Sheila Reiner, Mesa County, CO. CLERK AND RECORDER <br />Exhibit B <br />Legal Description <br />Legal Description of Property (Snowcap Coal Company to Town of Palisade) <br />A parcel of land located in a portion of the South V, of Section 27, Township 10 South, Range 98 West <br />of the Sixth Principle Meridian in Mesa County, Colorado, being more particularly described in two <br />separate parts as follows: <br />PAR l: <br />Commencing at the South 'A comer of said Section 27, which is a 1987 brass cap P.L.S 11980, whence <br />the Southwest comer of Section 27, which is a 1952 U.S. BLM brass cap, bean North 89°55'07" West <br />with all beatings contained herein relative thereto. Theme North 02°57'56" West 593.90 feet along the <br />Easterly line of the SW 1/4 of said Section 27 to the Northerly owmrship line of the Union Pacific <br />Railroad., this being the POINT OF BEGINNING: <br />Thence along the Northerly ownership line of the Union Pacific Railroad, South 51'15'31" West 62.44 <br />feet; Thence departing from the Northerly ownership line of the Union Pacific Railroad, North <br />89054107" West 54171 feet to the Southerly ownership line of the United States Goverrtment Highline <br />Canal; Thence along the Southerly ownership line of the I Inited States Government Highline Canal the <br />following courses, North 43128'00" last 2771)8 feet;'] hence 541.29 feet along the arc of a curve to the <br />right, having a radius of 377.52 feet and a central angle of 82°09'04", the chord of which bean North <br />49°00'53" East 496.10 feet; Thence 154.34 feel along the an of a curve to the right, having a radius of <br />377.48 feet and a central angle of 23°25'31", the chord of which bears South 78'11'52" East 153.27 <br />feet; Thence S42 86 feet along the arc of a curve to the left, having a radius of 510,00 fat and a central <br />angle of 66°36'18", the chord of which bean North 77157'56" East 56004 feet; Thence North <br />50150'33" East 197.40 feet to the Northerly line of the SW 114 of the SE 114 of Section 27; Thence <br />departing from the Southerly ownership line of the United States Government Highline Canal, and <br />along the Northerly line of the SW 114 of the SE 1/4 of Section 27, South 89°53'08" East 33.00 feet to <br />the Northerly ownership line of the Union Pacific Railroad; Thence departing from the Northerly lime <br />of the SW U4 SE 1/4 of Section 27, and along the Northerly ownership line of the Union Pacific <br />Railroad the following courses; 14954 feet along the arc of a curve to the right, having a radius of <br />1369.92 feet and a central angle of 06' 15'16" the chord of which bears South 51 °02'30" West 149.46 <br />feet; Them South 50"51'41" West 458.45 feet; Thence South 50`5437" West 152.22 feet; Thence <br />South 50051'03" West 108.64 feet; Thence South 50048'47" West 106.70 feet; thence South 49°49'33" <br />West It 3.33 feet; Thence South 47°30'45" West 49.16 feet to the POTNT OF BEGINNING. <br />(Containing approximately 7.48 acres) <br />PART 2. <br />Commencing at the South 1/4 comer of said Section 27, which is a 1987 brass cap P.L.S. 11980, <br />whence the Southwest corner of Section 27, which is a 1952 U.S. BLM brass cap, bears North <br />89'55'07" ]rest with all bearings contained herein relative thereto, Thence North 89°55'07" West <br />1301.99 feet along the Southerly line of the Southwest l,4 of said Section 27 to the POIN 1 01• <br />BEGINNING; <br />Theme along the Southerly line of the SW V4 of said Section 27, North 89455'07" West 1298.95 feet <br />to the Southwest corner of Section 27; Thence departing from said Southerly line, North 03'1740" <br />West 500.06 feet along the Westerly line of the SW U4 of Section 27, Thence continuing along the <br />Westerly line of the SW 114 of Section 27, *forth 03`19'40" West 820.30 feet to the Northwest comer <br />of the SW V4 SW IA of Section 27, Thence departing from the Wester]r line of the SW 114 of Section <br />Page 5 of 14 <br />PR -6 A15-3-13 New 10/16 <br />