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LEGAL DESCRIPTION: PERMIT PROPERTY BOUNDARY <br />A parcel of land being located in the Northeast Quarter (NE1/4) of Section Twenty-four (24), Township <br />Six North (T.6N.), Range Sixty-eight West (R.68W.), Sixth Principal Meridian (6~' P.M.), County of <br />Larimer, State of Colorado, more particularly described as follows: <br />COMMENCING at the Northeast Corner of said Section 24 and assuming the East line of the Northeast <br />Quarter (NE1/4) to bear South 00°27'43" East, a grid bearing of the Colorado State Plane Coordinate <br />System, North Zone, North American Datum 1983/92, a distance of 2639.55 feet, with all bearings herein <br />relative thereto; <br />THENCE South 00°27'43" East along the East line of the NE1/4 of said Section 24, a distance of 110.00 <br />feet to the POINT OF BEGINNING, said point of beginning being on the South Right-of--way line of <br />State Highway 392; <br />THENCE South 00°27'43" East continuing along the East line of the NE1/4 of said Section 24 a distance <br />of 2136.46 feet to the South bank of the Cache La Poudre River; <br />The following Twelve (12) courses and distances are along the South bank of the Cache La Poudre <br />River: <br />THENCE North 66°57' 16" West a distance of 124.18 feet (record distance = 119.45 feet); <br />THENCE North 54°55'28" West a distance of 183.19 feet; <br />THENCE North 22°21'01" West a distance of 167.20 feet; <br />THENCE North 00°41'58" East a distance of 268.85 feet; <br />THENCE North 26°52'23" West a distance of 156.20 feet; <br />THENCE North 42°52'25" West a distance of 148.81 feet; <br />THENCE North 54°24'59" West a distance of 230.28 feet; <br />THENCE South 85°54'03" West a distance of 85.34 feet; <br />THENCE South 78°20'52" West a distance of 117.50 feet; <br />THENCE South 74°57' 12" West a distance of 139.70 feet; <br />THENCE South 78°37'08" West a distance of 128.07 feet; <br />THENCE South 74°58' 17" West a distance of 189.59 feet to the West line of the East Half of the <br />Northeast Quarter of said Section 24; <br />THENCE North 00°02'06" West along the West line of the East Half of the Northeast Quarter of said <br />Section 24 a distance of 1370.10 feet to the South Right-of--way line of State Highway 392, said South <br />Right-of--way line being parallel with and distant 60 feet (measured at right angles) from the North line of <br />said Section 24; <br />THENCE South 89°52'21" East along said South Right-of--way line a distance of 1236.06 feet (record <br />distance = 1237.66 feet) to an angle point in said South Right-of--way line; <br />THENCE South 45°13' 15" East continuing along said South Right-of--way line a distance of 71.20 feet <br />(record distance = 71.01 feet); <br />THENCE South 89°58'50" East continuing along said South Right-of--way line a distance of 24.41 feet to <br />the POINT OF BEGINNING; <br />Said parcel contains 45.520 Acres, more or less (±), and is subject to any rights of way or other easements <br />of record or as now existing on said described parcel of land. <br />SerFer Project <br />DRMS 112 Permit <br />Page 2 <br />