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OFFER TERMS

from Icon Global - South Creek Ranch

by ICON.GLOBAL

from Icon Global - South Creek Ranch, page 4

Article from: Icon Global - South Creek Ranch

INDEX, VIDEO, PHOTO GALLERY

Offer Terms

Offering:

Price by pre-qualified request.

Qualified request means principal buyers proof of funds, liquidity, and /or other documentation of ability to perform to satisfaction of broker and seller.

Required Principal NDA for Price, Ranch access and/or Data room access.

Property being sold AS IS and is being offered in its entirety. Inclusive of the Ranch property, the Woodstone Development and the 35-acre estate residence. Simplistically, seller is offering a ranch property and simple homestead with an adjacent 64-acre mixed use development in progress.

• Potential life estate/use agreement on 35acre homestead portion. • Subject to 5-acre ROFR. • Subject to several designated existing worker homes adjacent /contiguous to ranch.

Included:

• All existing revenue streams, contracts and leases for Cattle, Hay, Sand and Gravel Royalty’s will convey to buyer. • Future remaining lot and homebuilding sales and construction revenues as of close. • All other owned mineral interests, as well Solar, Wind, Water, will convey to buyer. • Seller will convey any future or contemplated future pipeline, sewer, water, or other easement interests to Buyer.

Sale Terms:

Cash – Principal to Principal transaction. Seller to approve any assignment /assignee. All communication’s via and to Sellers exclusive Broker. - No Buyer to Seller direct communications. Contract to be non-contingent of any further development agreements, financing, or county, city, state, or other governmental approvals. Contract to be non-contingent of investor financing, contemplated joint venture approval, or other investor/developer requirements of seller. Seller will provide Title, Survey, Phase one EIR. - Customary Ranch Transaction. Buyer to conduct all due diligence in advance of seller entering a final sales contract. Sale to close within 30 days of buyers completion of due diligence. Title company to be Sellers choice. Seller will pay third party Buyers Broker Fee - up to 1 %. – Buyer Broker performance along with negotiated, and fully executed written fee agreement is required.