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development having not more than 52 units at 1107 and 1021 High Street (Tax Parcels 0063 -0030 & 0063 - 0040), being more particularly described as: UP -21 -09 1107 High Street (Tax Parcel 0063 -0030) ALL THAT certain lot, piece or parcel of land, with its appurtenances, lying, being and situate in the City of Portsmouth, Virginia and bounded and described as follows, to -wit: Commence at the intersection of the South line of High Street (a 100 -foot right -of -way) with the East line of Elm Avenue (an 80 -foot right -of -way); run thence South 89 degrees 09' 99" East along said South line of High Street 238.00 feet to the Point of Beginning; from the point of beginning thus described, continue thence South 89 degrees 09' 00" East along said South line of High Street 222.00 feet; thence South 00 degrees 24' 00" West 226.00 feet to the North line of King Street (a 32 foot right -of- way); thence North 89 degrees 09' 00" West along said North line of King Street 223.77 feet; thence North 00 degrees 51' 00" East 225.99 feet to the Point of Beginning; containing 50,371.02 square feet or 1.16 acres more or less, and being shown as Parcels 1 and IA on print of survey prepared by Baldwin and Gregg, Ltd. dated March 19, 1976, duly recorded in the Clerk's Office of the Circuit Court of the City of Portsmouth in Deed Book 786, at page 243. IT BEING part of that certain property conveyed to Economic Development Authority of the City of Portsmouth, Virginia by Deed of Bargain and Sale from Greater Portsmouth Development Corporation dated August 26, 2020 and recorded in the Clerk's Office of the Circuit Court for the City of Portsmouth, Virginia as Instrument Number 202010498. 1021 High Street (Tax Parcel 0063 -0040) ALL THOSE certain lots, pieces or parcels of land, with the buildings and improvements thereon and the appurtenances thereto, situate in the City of Portsmouth, State of Virginia, and bounded and described as follows: BEGINNING at a point marked by an old P.K. nail located at the dividing line of Lots 16 and 18 as shown on the plat entitled Seaboard Airline Railroad, Portsmouth, Virginia, plat duly of record in Deed Book 199 at Page 127, Chesapeake, Virginia, located on the south side of High Street, two hundred thirty -three feet (233') west of the