__No. 11PD006 - Section 24, T1N, R7E__

A request by THF Stoneridge Development, LLC to consider an application for an **Initial and Final Planned Commercial Development** for a portion of the S1/2 of the NE¼ of Section 24, T1N, R7E, BHM, Rapid City, Pennington County, South Dakota more fully described as follows: Commencing at the northwesterly corner of Lot 7of Block 2 of Black Hills Center, and the point of beginning; Thence first course: S00°19’55”W, along the westerly boundary of said Lot 7 of Block 2, a distance of 398.60 feet, to a point on the northerly edge of E. Catron Boulevard right-of-way; Thence second course: N89°40’08”W, along the northerly edge of said E. Catron Boulevard right-of-way, a distance of 1764.70 feet, to the easterly edge of Black Hills Boulevard right-of-way; Thence third course: N00°03’36”E, along the easterly edge of said Black Hills Boulevard right-of-way, a distance of 191.09 feet; Thence fourth course: N00°14’35”E, along the easterly edge of said Black Hills Boulevard right-of-way, a distance of 61.27 feet; Thence fifth course: curving to the right, along the easterly edge of said Black Hills Boulevard right-of-way, on a curve with a radius of 364.00 feet, a delta angle of 30°12’45”, a length of 191.94 feet, a chord bearing of N15°14’34”E, and chord distance of 189.72 feet; Thence sixth course: N30°20’35”E, along the easterly edge of said Black Hills Boulevard right-of-way, a distance of 99.91feet; Thence seventh course: N75°17’37”E, along the easterly edge of said Black Hills Boulevard right-of-way, a distance of 14.10 feet, to the southerly edge of Stumer Road right-of-way; Thence eighth course: S59°41’22”E, along the southerly edge of said Stumer Road right-of-way, a distance of 434.78 feet; Thence ninth course: curving to the left, along the southerly edge of said Stumer Road right-of-way, on a curve with a radius of 429.50 feet, a delta angle of 29°59’41”, a length of 224.85 feet, a chord bearing of S74°42’44”E, and chord distance of 222.29 feet; Thence tenth course: S89°40’57”E, along the southerly edge of said Stumer Road right-of-way, a distance of 730.54 feet; Thence eleventh course: curving to the left, along the southerly edge of said Stumer Road right-of-way, on a curve with a radius of 429.50 feet, a delta angle of 43°16’08”, a length of 324.35 feet, a chord bearing of N68°42’08”E, and chord distance of 316.70 feet; Thence twelfth course: curving to the right, along the southerly edge of said Stumer Road right-of-way, on a curve with a radius of 370.50 feet, a delta angle of 07°24’51”, a length of 47.94 feet, a chord bearing of N50°51’43”E, and chord distance of 47.91feet, to the northwesterly corner of said Lot 7 of Block 2, and the point of beginning, more generally described as being located at the northeast corner of the intersection of Black Hills Boulevard and Catron Boulevard/U.S. Highway 16B.