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TABLE OF CONTENTS

D

Property Overview

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Aerials and Maps • Regiona l Aerial • Vicinity Ae ri al • Surrou nding Owners Within North Natomas SP • Close Up Aeria l • Natomas Vision Potential • Illu strative Plan • Conceptual Design Pl an • Assessor's Parce l Map • Natomas Joint Vision Area

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Market Ove rview

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Property Photos

EJ Avai lab le Due Diligence


PROPERTY OVERVIEW

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Property Overview Natomas 419 Sacramento, CA

Location:

North side of Elkhorn Boulevard, East side of State Highway 99, Sacramento, California.

Municipality:

County of Sacramento

Property Overview:

The property is 419+/- acres within the North Natomas area, at the hard corner of Highway 99 and Elkhorn Boulevard.

Entitlements:

On December 10, 2002 the County Board of Supervisors and the Sacramento City Council each approved a Memorandum of Understand ing (MOU) t hat outlined a joint vision for land use and revenue sharing principles for Natomas. The MOU recognized the City as the agent of development and the County as the agent of permanent open space, habitat, and farmland/ ranchland preservation.

The entitlement steps for the area have been identified as five separate phases, w ith the cu rrent status of the project being at the end of the second phase and beginning of the third phase. These steps are:

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Phase 1- The City-County MOU and Open Space Program (completed).

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Phase II - The Broad Visioning Process (nearly completed)

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Phase III - This phase w ill in clude: - An inclusive public stakeholder process; - amendments to the City's and County's respective General Plans; - a Specific Plan or Master Plan; - an amendment to either the City's Sphere Of Influence or the County's Urban Services Boundary; - CEQA documents; - and the preparation of a conservation strategy and initiati on of work to prepare a new or amended habitat conservation plan (HCP).

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Phase IV - Annexation (or amendment to County's Urban Policy Area) and preparation of a new or amended HCP.

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STROMER REALTY

Phase V - Development projects impl ementation

Natomas 419 I 3


PROPERTY OVERVIEW

Property Overview

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The Natomas Joint Vision Landowners group is processing the scope of the EIR for the Specific Plan Area that includes the subject property. Water:

The owner has water rights via shares owned within the Natomas Mutual Water Company. These shares are available with the property, and can be utilized to assist/offset the water supply requirements for a project.

Price:

$12,570,000

Contact:

STROMER REALTY

591 Colusa Avenue Yuba City, CA 95991 PH (530) 671-2770 www.stromerrealty.com

STROMER REALTY

Natomas 419

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