Section 3. The conveyance hereinbefore authorized shall be made in exchange for the extinguishment of the right-of-way reserved through said Project 70 lands in a deed from Duquesne Slag Products Company to the City of Monessen dated May 20, 1970 and recorded May 22, 1970 in the Westmoreland County Recorder's Office, in Deed Book, Volume 2041, Page 445. Such reservation being more particularly described in said deed as follows:
Excepting and reserving, however, therefrom and thereout, to the within Grantor, Duquesne Slag Products Company, its successors and assigns, a perpetual right-of-way 50 feet wide, as and for a private road for persons, trucks and other vehicles and equipment, leading into and from Monessen Boulevard over and across the property herein conveyed into and from any other lands of Duquesne Slag Products Company, its successors and assigns, whether or not said lands are contiguous to the property herein conveyed, with free and uninterrupted use of said permanent right-of-way for ingress, egress and regress, said permanent right-of-way being more fully bounded and described as follows, to wit:
Beginning at the northeasterly corner of said 50 foot permanent right-of-way as said northeasterly corner is established and located in the above description of the 30.8397 acre tract herein conveyed; thence by a curve to the left in a southerly direction, having a radius of 50 feet, a distance of 78.54 feet along the arc to a point; thence south 32 degrees 55 minutes 30 seconds east a distance of 120 feet to a point; thence by a curve to the right, in a southerly direction, having a radius of 100 feet, a distance of 157.08 feet along the arc to a point; thence south 57 degrees 04 minutes 30 seconds west a distance of 511.89 feet to a point on the easterly boundary line of other lands of Duquesne Slag Products Company; thence along said line north 45 degrees 11 minutes 58 seconds west a distance of 51.17 feet to a point; thence north 57 degrees 04 minutes 20 seconds east a distance of 522.62 feet to a point; thence by a curve to the left in a northerly direction, having a radius of 50 feet, a distance of 78.54 feet along the arc to a point; thence north 32 degrees 55 minutes 30 seconds west a distance of 120 feet to a point; thence by a curve to the right in a northerly direction, having a radius of 100 feet, a distance of 157.08 feet along the arc to a point, which point is the northwesterly corner of said permanent right-of-way as said northwesterly corner is established and located in the above description of said 30.8397 acre tract; thence south 32 degrees 55 minutes 30 seconds east along the westerly line of a tract of 0.0367 acres in Rostraver Township conveyed to the City of Monessen by Adamsburg Real Estate Company a distance of 50 feet to the place of beginning (said City of Monessen having heretofore granted to Duquesne Slag Products Company a right-of- way over said tract of 0.0367 acre to and from Monessen Boulevard).