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HEnv Project #201603 March 1, 2016 5 ASTM E 1527-13 defines a “controlled recognized environmental condition” (CREC) as: a recognized environmental condition resulting from a past release of hazardous substances or petroleum products that has been addressed to the satisfaction of the applicable regulatory authority (for example, as evidenced by the issuance of a no further action letter or equivalent, or meeting risk-based criteria established by regulatory authority), with hazardous substances or petroleum products allowed to remain in place subject to the implementation of required controls. ASTM E 1517-13 defines a “historical recognized environmental condition” (HREC) as: a past release of any hazardous substances or petroleum products that has occurred in connection with the property and has been addressed to the satisfaction of the applicable regulatory authority or meeting unrestricted use criteria established by a regulatory authority, without subjecting the property to any required controls. ASTM E-1527-13 defines a “business environmental risk” (BER) as “a risk which can have a material environmental or environmentally-driven impact on the business associated with the current or planned use of a parcel of commercial real estate”. ASTM E 1527-13 defines a “data gap” as a lack of or inability to obtain information required by this practice despite good faith efforts by the environmental professional to gather such information. Data gaps may result from incompleteness in any of the activities required by this practice, including, but not limited to site reconnaissance, historical review, database review, and interviews. Additional limiting conditions imposed by the client, or hindrances encountered during the site visit are explained in further detail in Section VII of this report. IV. SITE DESCRIPTION IV.1. Site Location and Legal Description The approximate 53-acre site is located at 6517 U.S. Highway 70 in Mebane, North Carolina. According to the Orange County GIS, the site is identified as Parcel Identification Number (PIN) 9835-02-9137. The parcel is owned by Mr. Carl J. Mace. A legal description of the parcel is included in Deed Book 1313, Page 319. An existing access road extends north from Highway 70 to the subject site. The access road traverses land also owned by Mr. Mace. The project area includes the limits of a proposed solar farm. The proposed solar farm is located on the central portion of the site. The approximate 25-acre project area is to be defined by Oakwood Solar Farm, LLC, their successors, or assigns. IV.2. Current Use of the Site and Vicinity The site is undeveloped scrub/shrub land. The southeast portion of the site is used a staging area by Mace Grading Company, Inc. The site is currently zoned R1 (residential). 52