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<br />THIS DEED, dated as of Niovember 14, 2007, is between THE CITY OF <br />MARTINSVILLE, VIRGINIA, a municipal corporation, Grantor ("City") and TACOMA, INC., <br />a Virginia corporation, Grantee ("Tacoma"); <br /> <br />WHEREAS, Tacoma plans to develop the Tacoma Property and, in connection therewith, <br />desires for the City to abandon and vacate a portion of the Easement and to agree on the width of <br />the remaining portion of the Easement and the City desires the same. <br /> <br />NOW, THEREFORE, in consideration of One Dollar ($1.00) and other good and <br />valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties <br /> <br />1. The City hereby abandons and vacates that portion of the Easement shown on the <br />Plat as "THIS PORTION OF WATER LINE AND EASEMENT TO BE ABANDONED" and <br />quitclaims, conveys and transfers the same to Tacoma. <br /> <br />2. The City retains that portion of the Easement shown on the Plat as "THIS <br />PORTION OF WATER LINE TO BE RETAINED AND EASEMENT WIDTH DEFINED AS <br />~:'~:~ the p~ies hereby agree that the width of such retained portion shall be 10' as shown on <br />