Cities Index.
1.K.2 PROPOSALS FOR AFFORDABLE HOUSING AT BAKER ST

Placentia City Council
June 6, 2023

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1.K.2 PROPOSALS FOR AFFORDABLE HOUSING AT BAKER ST
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June 6, 2023
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PLACENTIA
Rich Heritage, Bright Future

CITY OF PLACENTIA

REQUEST FOR QUALIFICATIONS/PROPOSALS

AFFORDABLE HOUSING

DEVELOPMENT OPPORTUNITY
All Qualifications/Proposals must be received in the
Development Services Department,
401 E. Chapman Avenue, Placentia, CA 92870, by:

Monday, March 20, 2023 at 4:00 p.m., PST
Deadline for all questions is Monday, February 20, 2023 at 4:00 p.m., PST. Please submit written questions related to this Request For Proposals to Jeannette Ortega, Assistant to the City
Administrator/Economic Development Manager via email at [email protected].

Table of Contents
Introduction 1
II. Overview of Development Opportunity 2
A. General Context 2
Enhanced Infrastructure Financing District 2
Placentia Metrolink Station and Parking Garage 3
Placentia Navigation Center and HIS OC 3
B. Potential Development Sites 4
Zoning Designations & Development Standards 5
Development Parameters 6
CEQA 6
Opportunity Zone 6
Former Redevelopment Requirements 6
Surplus Land Act 7
Phase 1 Reports 8
Preliminary Title Reports 8
C. Surrounding Land Uses 8
D. Future Acquisition of Adjacent Parcels 8
E. City Goals for Development 8
F. Proposed Transaction Parameters 9
Land Sale Parameters 9
Good Faith Deposit 10
III. Threshold Requirements 10
A. Development Team Experience Thresholds 10
B. Transaction Structure 11
IV. Submission Requirements 11
A. Submittal Cover 11
B. Table of Contents 11
C. Cover Letter 12
D. Development Entity 12
E. Conceptual Development Program 12
F. Financing Strategy 13
G. Financial Capability 13
RFQ/P - Affordable Housing Opportunity i l P a g e

H. Comparable Development / Property Management Experience 14 I. Implementation Timeframe 14
J. Potential Conflicts of Interest 15
V. RFQ/P Submittal Instructions & Questions 15
VI. Selection Criteria & Process 15
VII. Declarations and Conditions of RFQ/P 17
A. Confidential and Proprietary Information 17
B. City's Rights Pertinent to this RFQ/P 17
C. Respondent Responsibilities 18
D. Amendments 18
Appendix 19
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I. Introduction
The City of Placentia ("City") is pleased to announce a Request for Qualifications and Proposals ("RFQ/P") for an affordable housing development opportunity offered within the City. The purpose of this RFQ/P is to describe the four available development parcels ("Development Sites") to be conveyed and to solicit proposal packages from developers interested in developing a high-quality affordable rental housing project.

Prospective developers are invited to submit a proposal to the City demonstrating their interest and capabilities in developing an affordable housing project, background information on their qualifications and comparable project experience, as well as a preliminary development concept, conceptual financial plan, and site plan for their proposed development.

A successful development team will have the following qualifications:

1. Recent experience developing 100% affordable rental housing projects of a comparable scope to the proposed project, with a proven history of successful projects requiring parcel assemblage.

2. Recent experience applying for and obtaining funding for projects of a comparable scope, such as Federal Low -Income Housing Tax Credit ("LIHTC") funding.

3. Urban design and architecture expertise for projects of a comparable size and scale to the proposed project.

4. Demonstrated financial capacity to undertake a 100% affordable housing project on the development sites.

5. Recent experience operating and managing 100% affordable rental housing projects of a comparable scope to the proposed project.

The pertinent dates related to this RFQ/P are as follows:

RFQ/P Release Date February 6, 2023
Deadline for Written Questions February 20, 2023
Release of Responses to Written Questions February 27, 2023 Proposal Submittal Deadline March 20, 2023
At this time, the City is seeking a development team qualified to acquire the Development Sites through a Disposition and Development Agreement ("DDA"), and to construct and operate a 100% affordable rental housing project. Following the receipt of proposals, the City intends to complete a short list of developers, conduct interviews, and ultimately select the preferred developer to be presented to the City Council for approval. The development team that is ultimately selected through this RFQ/P will enter into negotiations with the City through an Exclusive Negotiation Agreement ("ENA"). The structured ENA period will be used to negotiate a DDA that will spell out the terms of conveyance for the Development RFQ/P - Affordable Housing Opportunity 1 1 P a g e
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Sites, the required scope of development, development entitlements, California Environmental Quality Act ("CEQA") compliance, and the schedule of performance.

II. Overview of Development Opportunity
A. General Context
Located 39 miles southeast of Los Angeles, the City of Placentia consists of 6.61 square miles in northern Orange County adjacent to the cities of Brea, Fullerton, Yorba Linda, Anaheim, and portions of unincorporated Orange County. Placentia is home to 51,000 residents, of which, the largest ethnic groups are White, non -Hispanic (39.3%), Hispanic or Latino (38.3%) and Asian (16.2%). The estimated median income is $101,707.

The City of Placentia was incorporated in 1926 and occupies land once populated by the Tongva (Gabrieleno) people. In 1837, the land comprising parts of modern-day Placentia, Anaheim, Fullerton, La Habra, and Yorba Linda were granted to Juan Ontiveros as the Rancho San Juan Cajon de Santa Ana. In 1865, Daniel Kraemer bought 3900 acres of land in the area and is memorialized in the name of several Placentia institutions including the major thoroughfare Kraemer Boulevard. A major driver of the City's early economy was the agricultural industry, particularly citrus fruits, avocados, grapes, and walnuts. Following a population boom starting in the 1960's, the City went from a largely agricultural community to a fast-growing bedroom community characterized by residential development, high quality schools, parks, and recreation.

On July 18, 2017, the City Council adopted the Old Town Placentia Revitalization Plan ("Plan"). This zoning change improves and positions the City's historic center to better connect with other areas of the City. The Plan enhances the historic importance of the area and creates public spaces and pathways, making a cohesive small scale walkable urban village feel with retail restaurants, offices, and residential areas.

Enhanced Infrastructure Financing District
The City, in partnership with the County of Orange, Southern California Council of Government (SCAG) and Kosmont Companies formed an Enhanced Infrastructure Financing District ("EIFD"), pursuant to SB 628 and AB 313. This district offers a new platform to finance a broad array of economic development projects that generate taxes and jobs, including public infrastructure. A portion of the property tax increment (the amount above the property taxes collected in the base year of 2022) that the City of Placentia and the County of Orange receive would be specifically restricted to pay for the infrastructure projects listed in the Infrastructure Financing Plan (IFP) at an estimated cost of $10 million.

These infrastructure improvements include street improvements, pedestrian connectivity, and landscape and lighting upgrades in Old Town Placentia, which is directly adjacent to the Baker Street site. On December 6, 2022, the City Council approved a contract for civil engineering and landscape architecture for the engineering phase of the public infrastructure improvement project in Old Town. Once completed, the City expects to go out to bid for construction during the first quarter of 2024 and for construction to commence RFQ/P - Affordable Housing Opportunity 2 I P a g e
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shortly thereafter. For more information about the Placentia EIFD, please visit www.nlacentia.org/eifd .

Placentia Metrolink Station and Parking Garage
The proposed Placentia Metrolink station will be located on the 91/Perris Valley Line, which serves as an important connection between Riverside/Corona and other areas of the Inland Empire and major employment centers in Orange County. The Placentia station, which will consist of two passenger platforms with shade structures, benches, and ticket vending machines as well as an adjacent parking structure, will be the farthest east of any Orange County station on the 91 line and will provide a valuable additional location for passengers to board and exit the Metrolink system. It will serve the communities of Fullerton, Anaheim, Placentia, Yorba Linda and Cal State Fullerton University, among others. The Metrolink rail line through Placentia provides an important alternative to the congested SR -91 corridor giving commuters another option to use public transportation rather than having to use their cars.

The Orange County Transportation Authority, which is the lead agency designing and building the Placentia station, has identified local funding for the project and remains committed to building the station. The current cost estimate for the Placentia Metrolink station is $40 million to build. OCTA and Placentia understand that delays to the project could result in escalating cost for materials and construction and are committed to beginning construction as soon as possible.

Building the Placentia station requires approval of BNSF Railway who owns the track and right-of-way where the station and a portion of the parking structure will be located. In order to obtain BNSF approval to advance the project to construction a new master shared use agreement and operating plan between BNSF and the Southern California Regional Rail Authority who operates commuter trains on BNSF lines must be agreed upon and executed.

The City will continue to work with all agencies involved to ensure that the Metrolink Station is constructed.

Placentia Navigation Center and HIS OC
In an effort to comply with a Federal Mandate as well as recent case law, Martin v. Boise (2018), the North Specific Planning Area (SPA), comprised of the cities of Placentia, Anaheim, Brea, Buena Park, Cypress, Fullerton, La Habra, La Palma, Los Alamitos, Orange, Villa Park, Stanton, and Yorba Linda have collaborated on a regional approach to address homelessness in the North SPA.

Based on the local mandate by U.S. District Federal Judge David Carter, cities in the North SPA were required to work on a homeless housing plan for the region, which includes creating Navigation Centers designed to house and service North Orange County cities' homeless population. The requirement for North SPA was to create Navigation Centers that would provide comprehensive supportive services, including vocational services, recreational services, mental health, transportation services, and 200 beds to the homeless residents of the North Orange County region.

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After receiving community input, as well as site evaluations, 731 S. Melrose Street, which is located in an industrial portion of the City, was purchased to serve as a Navigation Center.

The location was identified as a suitable location for safely housing persons that are experiencing homelessness.

The management and operational plan for the Placentia Navigation Center specify certain requirements to ensure local control for providing safe and secure housing as well as providing comprehensive programs and services. The Placentia Navigation Center, operated by People Assisting the Homeless (PATH), is a referral -only based facility with managed and controlled access in and out via transportation only. The Navigation Center works to not only house the homeless but to provide health resources, counseling, job and social skills, and opportunities to reunite with family and friends, with the goal of integrating North Orange County's homeless to become productive members of society while decreasing the number of homeless in public areas.

In addition, the City of Placentia works closely with HIS OC, a Transitional Housing Center for homeless housing. HIS OC assists homeless families to achieve stable, permanent housing and financial independence. They currently have 54 -beds dedicated to transitional housing to successfully transition homeless families with children off the streets and into safe, permanent housing. The City is proposing to include one (1) unit in the affordable housing development at Baker Street for the purposes of housing families from HIS OC Transitional Housing Center Program.

B. Potential Development Sites
The City currently owns a combined 0.80 acres of unimproved property among four (4) lots (five (5) parcels) located on the 300 block of Baker Street in the southwest portion of Old Town Placentia, highlighted in yellow on the map below ("Development Sites").

Old Town
Revitalization
Lot 4
•
Packing
TOD
inytnn ‚'oene.' S.

FutureanMetrolink
Station Platform
RFQ/P - Affordable Housing Opportunity
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4IPage

The Development Sites are bound by Melrose Street to the east, Walnut Avenue to the west, Santa Fe Avenue to the north, and railroad tracks to the south. Three of the four lots are adjacent to each other at the end of a cul-de-sac, and the fourth lot is located three parcels to the west. A potential street dedication located between 307 W. Baker Street and 312 Baker Street totals 8,960 square feet and can be developed and included as part of the proposing team's conceptual development plan. Altogether, the potential net developable area is 43,729 square feet, or 1.00 acre.

The following provides more details of each parcel:

Lot Address
APN
Parcel
Size
(Sf)1
Current
Ownership
Original Funding
Purchase Source
Year
1 323 Baker Street
2 300/307 Baker St. 2
339-392-19
339-392-14
339-392-15
6,534 Housing Successor
5,227 City
5,149
2006
Set -Aside
2006 N/A
3 312 Baker Street
339-391-15 11,761 City
2003 N/A
4 314 Baker Street
Potential Street Dedication
Total Development Area
339-391-14 6,098 Housing Successor 2006 Set -Aside
8,960 City
43,729

N/A N/A
Zoning Designations & Development Standards
The Development Sites are in the High Density Residential designation within the Old Town Placentia Revitalization plan area, which permits a mixture of housing, retail, office, and other complementary uses. The purpose of the Plan is to enhance the physical and economic environment in the City's Old Town and create a lively destination to support the economic base, enhance the town center of Placentia, and better connect to adjacent neighborhoods and surrounding cities. Land use designations are intended to encourage active and public transportation modes, lower parking standards, enhance pedestrian environments, activate streetscapes and impro bicycle and bus amenities.

All the subject parcels are in the Old Town Revitalization Plan Area and are zoned by -right for High -Density Residential use. The development standards for the parcels can be summarized as follows:

1. The maximum allowable building height is four (4) stories / 55 feet.

2. The minimum allowable density is 35 units per acre and the maximum by -right density is 65 units per acre. The City desires to maximize the density of the project, thus projects providing more than 35 units will be given preference.

3. The parking standard is one (1) space per studio or 1 -bedroom unit, 1.5 spaces per 2 - bedroom unit, and 2 spaces per 3 -bedroom unit. Applicants may apply for a parking reduction of up to 25%.
1 Estimated by the City per GIS mapping.
2 307 W. Baker Street is also known as 333 S. Melrose Street.

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4. The front yard setback requirement ranges from 5 to 15 feet; there are no rear or side yard setback requirements.

Proposers are encouraged to familiarize themselves with the Old Town Revitalization Plan fhttns:// www.placentia.or2/726/Old-Town-Revitalization-Plan ) to learn more about the land use framework and goals governing the Development Sites.

Development Parameters
The Developer should consider the following for the proposed Project at the Development Site:

1. The 323 Baker Street parcel is not required to be part of the initial phase of the proposed project.

2. The Project will be required to remove and underground all overhead utility lines (approximately only 1 pole) in and around the project site.

3. The Project will be required to provide the standard sewer capacity study that will be used to determine if the existing sewer line will need to be upsized.

4. The public street will need to be vacated.

CEQA
City staff have determined that a proposed affordable housing project will be categorically exempt from the California Environmental Quality Act ("CEQA") pursuant to Section 15194, Affordable Housing Exemption, which applies to projects that provide housing for low income households, on a site that is less than five acres and located in an urbanized area.

Therefore, no further environmental review will need to be required.

Opportunity Zone
The Development Sites are located in Qualified Opportunity Zone. Opportunity Zones were established as part of the Tax Cuts and Jobs act of 2017, to provide tax incentives for investment in certain designated census tracts (i.e., Opportunity Zones). Investments made on properties located in these zones (through special funds set up for this purpose) are allowed to defer or eliminate federal taxes on capital gains.

Former Redevelopment Requirements
Since former Set -Aside funds were used to purchase the Development Sites, the units must also be restricted so that at least 100% of the units are restricted to moderate income households per Health and Safety Code (H&SC) Section 50093 and the maximum rent is based on H&SC Section 50053.

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The most recent income limits published by HCD for Orange County are as follows:

Household
Size
AMI
Extremely-
Low Income
Very -Low
Income
Low Income
Moderate
Income
1 Person
$83,350
$28,500
$47,450
$75,900
$100,050
2 Person
$95,300
$32,550
$54,200
$86,750
$114,300
3 Person
$107,200
$36,600
$61,000
$97,600
$128,600
4 Person
$119,100
$40,650
$67,750
$108,400
$142,900
5 Person
$128,650
$43,950
$73,200
$117,100
$154,350
6 Person
$138,150
$47,200
$78,600
$125,750
$165,750
7 Person
$147,700
$50,450
$84,050
$134,450
$177,200
8 Person
$157.200
_
$53.700 $89.450
$143.100
$188.650
The maximum allowable gross rents for income restrictions defined in H&SC Section 50053 are as follows:

Gross Monthly
Rents
Extremely- Very -Low
Low Income Income Low Income Income
Moderate
Studio Unit
$625
$1,041
$1,250 $2,292
1 -Bedroom Unit
2 -Bedroom Unit
3 -Bedroom Unit
$714
$1,191
$804 $1,340
$893
$1,429 $2,620
$1,608
$2,948
$1,488
$1,786 $3,275
Surplus Land Act
In 2019, Governor Gavin Newsom signed AB 1486 into law which amends the Surplus Properties Land Act ("SLA"), or California Government Code Section 54220, et seq., effective January 1, 2020. The SLA requires local agencies that are disposing of surplus land, including any former redevelopment agency properties, to first notify local public entities and CALHFA-certified Housing Sponsors that the property is being made available of development for a 90 -day period prior to disposing of the land or participating in negotiations with any prospective buyers. Prior to taking any action to dispose of the land, the local agency must make findings that the property is either "surplus" or "exempt surplus", and this designation must be supported by written findings.

On January 24, 2023, the City declared that the City properties are "exempt surplus land," meaning that they are exempt from most provisions of the SLA because they are being conveyed for the purpose of developing affordable housing. Thus, the following stipulations apply to the properties pursuant to Government Code Section 54221(f)(1)(F)(i):

1. The housing development must restrict 100% of the residential units to persons and families of low or moderate income, with at least 7% of the units restricted to lower income households, as defined by Health and Safety Code Section ("Section") 50079.5, with an affordable rent as defined in Section 50053.

2. The affordability restrictions must be recorded in a regulatory agreement against the property for at least 55 years.

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3. In no event shall the maximum affordable rent level be higher than 20% below the median market rents for the neighborhood.

Phase 1 Reports
Appendix A provides the Phase 1 Reports for each of parcels included in the Development Sites.

Preliminary Title Reports
Appendix B provides the Preliminary Title Reports for each of parcels included in the Development Sites.

C. Surrounding Land Uses
Current land uses immediately surrounding the Development Sites include low- and medium -density residential uses, as well as a church (Mission of Faith) located at the northeast corner of Walnut Avenue and Baker Street. The subject parcels are located immediately west of the planned Placentia Metrolink Station that will serve the 91 Line, which services Los Angeles, Orange, and Riverside Counties, as well as a yet to be developed 253 -space Parking Structure. Upon completion, the Metrolink station will serve as a hub for the adjacent Packing House District/Transit Oriented Development District ("TOD"), created in 2017 to encourage the introduction of more mixed-use, pedestrian oriented retail and residential development within a 1/2 mile area of the station. Both the station and the parking garage have funds allocated, however, logistics are still in the process of being negotiated.

Due to the fact that the Metrolink station is still in the planning phase, the Proposed Project should not be consider a TOD development for purposes of responding to this RFQ/P.

Also to the east of the Development Sites is Metro at Melrose, which is a six -story TOD project containing 189 affordable residential units, 1,500 square feet of ground floor commercial retail and 272 parking spaces.

Appendix C includes various maps that illustrate the location of City amenities.

D. Future Acquisition of Adjacent Parcels
The City has made inquiries into acquiring the privately owned properties on the north side of Baker Street. However, the current owners have not been interested in selling at the current appraised values. Therefore, the privately owned parcels are not included in this RFQ/P. It is a possibility that the properties could become available in the future and the City is seeking a developer that is able to assist with the acquisitions and add phases to the original project.

It should be noted that development teams responding to this RFQ/P are not to approach the private owners at this time.

E. City Goals for Development
The City desires the development of a high quality, 100% affordable rental housing development that achieves the following objectives:

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1. The City wishes to maximize the amount of density that can be developed on the Development Sites.

2. All but the unrestricted property management units must be restricted to at most low income households and below when affordability layering is taken into account.

3. This area has been identified as part of the City's goals in the Old Town Placentia Revitalization Plan. The project should complement the surrounding uses and contribute to the revitalization of the Old Town Specific Plan Area as a walkable urban center.

4. The development team should maximize the use of available outside funding sources to enhance the feasibility of developing a 100% affordable housing project.

5. The project must be demonstrably financially feasible to construct and operate throughout the initial 55 -year affordability term;

6. Additional phases can be added as adjacent parcels come available.

7. Establish connections to the Placentia or Buena Park Navigation Center to allow for permanent housing opportunities for individuals and families residing at the Navigation Centers.

8. Set-aside one unit to be used by House Homeless Intervention Shelter (HIS OC), a local nonprofit transitional shelter as a replacement for their current property.

F. Proposed Transaction Parameters
The City plans to convey the Site to the selected development team in the form of a fee simple sale. The following address financial terms that all development teams should assume in their proposals.

Land Sale Parameters
The City has identified several basic terms that are required to be included in the transaction, which can be summarized as follows:

1. The City will sell the land at the fair market value of the Development Site, based on an appraisal. Respondents should assume a land value of $82 per square foot of land area for purposes of the RFQ/P response.

2. The City is willing to carryback the purchase price as a residual receipts note with the following terms:
a. A 3.00% simple interest rate;
b. A 55 -year term from Certificate of Occupancy ("COO"); c. Annual payments of a proportional share of 50% of the residual receipts with other soft lenders; and
d. The City's affordability restrictions, required by the SLA and use of former housing set-aside land, will not be subordinated to other financing sources.

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3. The City will have a reasonable right to approve lenders, investors and any assignment of the loan.

4. The City will not pay commissions to real estate brokers as part of this transaction.

Good Faith Deposit
If a development team is selected to enter an approved conveyance instrument (e.g., ENA, DDA, etc.) as a result of this RFQ/P process, the selected development team will be required to submit a good faith deposit in the amount of $15,000 prior to the commencement of negotiations. The funds will be used by the City to offset any administrative, legal, and/or consultant costs associated with reviewing the proposal and negotiating the sale transaction.

The City will track deductions from the good faith deposit. The City staff time will be charged at a fully burdened rate based on an established cost allocation process. Work undertaken by the contract City Attorney and the City's consultants will be billed at their standard hourly rates. In addition, any technical studies commissioned by the City will be paid for using the good faith deposit.

If all of the funds in the good faith deposit account are spent before the development negotiations are completed, the development team will be required to make an additional deposit. The deposit amount will be based on the City's estimate of the additional costs that will be incurred.

III. Threshold Requirements
A. Development Team Experience Thresholds
Respondents must demonstrate the following threshold experience to be considered for selection in this RFQ/P process:

1. Experience in the successful development and management of affordable housing of comparable complexity and scale;

2. Demonstrated design experience with completed projects of comparable complexity, scale, and nature;

3. Experience in application to and participation in federal, state, regional and/or local affordable housing funding programs; and

4. Experience and capacity to conduct income verification and screening of tenants to ensure ongoing compliance with the defined income and affordability restrictions.

5. Provide examples of successful partnership with transitional or permanent supportive housing service providers.

6. Provide examples of land assemblage and project phasing experience, including how the land assemblage was financed.

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B. Transaction Structure
Respondents must agree to enter negotiations with the City towards reaching agreements for the disposition and development of the Development Sites. The transaction structure that will be entered into by the City will include the following:

1. The Development Sites will be conveyed to the selected development entity in the form of a fee simple land sale at the fair market value of the Development Sites. For purposes of this analysis, assume the fair market value of the Development Sites is $82 per square foot of land area.

2. A Disposition and Development Agreement ("DDA") will be executed by the City and the selected development entity that includes, but is not limited to, the following key components:
a. A schedule of performance will be included that defines the timeframe required for the developer to apply for and secure all the funding needed to complete the proposed scope of development.
b. The depth of the proposed income and affordability restrictions will be defined. c. Maintenance quality standards will be defined by the City.

IV. Submission Requirements
The RFQ/P is the City's first step in evaluating respondents' interest in the development opportunity. The RFQ/P response should express the development team's interest, vision, and capability to undertake and operate the proposed project. Concise and focused responses are encouraged. Responses to this RFQ/P shall not exceed a total of 30 pages using a minimum 11 point font size. Resumes, conceptual development plans, detailed pro forma, financial statements, and references are not included in the 30 page limit.

The submittal shall include each of the following elements:

A. Submittal Cover
The submittal cover must include the following information:

1. RFQ/P title;

3. Submittal due date; and

4. Identification of the development team; the name, address, telephone number, and email address of the principal contact of the respondent must be provided.

B. Table of Contents
The table of contents shall list corresponding headings and pages to allow for easy reference by the City's evaluation committee.

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C. Cover Letter
The cover letter shall be brief and clearly identify the respondent's principal contact, including physical address, email address and telephone number. The cover letter must include a statement verifying that the respondent will agree to adhere to the minimum income and affordability standards identified in this RFQ/P. The signatory shall be an individual with legal authority to bind the development team.

D. Development Entity

1. Identify the entity that would enter a DDA with the City, including partners, lead planning and design firm(s), property management firm, general contractor, and other consultants, if known.

2. For each firm included in the development team, briefly describe its role, relevant experience, and specialization.

3. Provide development team's experience with land assemblage and phasing for affordable housing projects.

4. Identify the project manager and personnel that will be implementing the development concept through day-to-day management, and their level of experience and responsibility.

5. Provide resumes for each of the project managers and key staff members that will be working on the proposed project.

E. Conceptual Development Program
This section should identify the respondent's cohesive vision of the proposed project. Please include:

1. An identification of the proposed development site.

2. A narrative description of the proposed development concept that includes the following:
a. Project Units (total number of units, bedroom mix, and the income and affordability standards).
b. The number and type of parking spaces.
c. The gross building area of the proposed project, broken out by residential living area, community room, offices, other amenities, and common areas/circulation. d. A residency preference to Placentia residents to the extent allowable by outside funding sources and applicable fair housing laws.
e. Identify population(s) that will be targeted to be tenants in the Project. f. Discuss how the adjacent parcels could be integrated with the proposed project in the future.

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3. A conceptual development plan that illustrates the proposed site and building configurations.

F. Financing Strategy
This section should demonstrate how the project can be constructed and operated in a financially feasible manner. The required information includes:

1. A brief narrative that describes:
a. The approach to implementing the development concept; b. The management and operation plan; and
c. How the project fits into the development team's overall business strategy.

2. A conceptual construction period sources and uses of funds statement and a permanent sources and uses of funds statement for the project. Provide the calculations for the Tax Credit estimates and the estimated TCAC or CDLAC tie-breaker scores.

3. A development pro forma that identifies the construction costs for the proposed development scope.

4. The following operating pro forma information:
a. Estimates of income, operating expenses, and debt service payments for the project at stabilized occupancy; and
b. A conceptual cash flow projection for the project over a 30 -year period following the project's full buildout and achievement of stabilized occupancy.

5. Proposed financial deal terms for the transaction.

G. Financial Capability

1. Provide a narrative that identifies the development team's capacity and financial strength to secure the equity and financing required to implement the proposed project.

Call out lines of credit or predevelopment funding sources available to the development team.

2. Provide contact information for the debt, equity, and public financial assistance sources that were used to fund the costs associated with the projects identified in Section H of the submittal ("Comparable Development/Property Management Experience").

3. Provide financial statements for the past two years that were independently prepared in accordance with generally accepted accounting principles.3 3 The financial statements can be submitted to the City Attorney under separate cover. The financial statements do not count towards the page limit imposed by this RFQ/P.

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4. Disclose if any member of the development team has ever defaulted on its financial obligations, has had developments that were foreclosed upon, or if bankruptcy has ever been filed.

5. Identify any legal actions taken against any member of the development team in the past five years, including fair housing violations.

H. Comparable Development / Property Management Experience

1. Provide, no fewer than three (3) and no more than five (5), examples of the development team's experience developing affordable housing projects that are of the same magnitude and quality level as the proposed project. The City prefers examples of projects that are underway or were completed within the past five (5) years.

2. Describe the development team's property management and affordability compliance experience with Low Income Housing Tax Credits, Low and Moderate Income Housing Asset Funds ("LMIHAF", or former Housing Set -Aside Funds), regulatory agreements, and other applicable state and federal rules and regulations.

3. Outline the process that will be applied to ensure high quality property management and project operations throughout the income and affordability covenant period.

4. Indicate if the development team has experience working on projects in jurisdictions similar to Placentia.

5. Provide additional information regarding each member of the development team:
a. The length of time in business;
b. The firm's ownership structure;
c. The location of principal offices; and
d. The identification of the office that would undertake the proposed project.

6. Provide two (2) references from public entity partners for completed comparable affordable housing projects and two (2) references from public entity partners for property management services.

I. Implementation Timeframe

1. Discuss the development team's timeline to initiate and complete the proposed project's development scope after executing the DDA.

2. Outline the critical path schedule for the proposed project's completion and methodology of due diligence including:
a. Formulation of development concepts;
b. Financing strategy;
c. City planning reviews; and
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City of Placentia

d. Completion of the proposed development scope.

J. Potential Conflicts of Interest
Disclose if any member(s) of the development team staff, board of directors, or other governing body is or has been any of the following within the past five years:

1. A City of Placentia employee or consultant;

2. A City of Placentia City Councilperson; and/or

3. A Board or Commission member who has direct influence on the use of public funding.

V. RFQ/P Submittal Instructions & Questions
Development teams responding to this RFQ/P must submit one (1) original hard copy, four(4) additional hard copies, and one (1) digital PDF file (on a thumb drive). Responses to this RFQ/P shall not exceed a total of 30 pages using a minimum 11 point font size. Resumes, development concept plans, pro formas, and references are not included in the 30 page maximum.

The submissions shall be placed in a sealed envelope that is addressed to:

City of Placentia
401 E. Chapman Avenue
Placentia, California 92870
Attention: Jeannette Ortega
Request for Qualifications/Proposals
Affordable Housing Development Opportunity
City of Placentia
Responses to this RFQ/P are due no later than 4:00 PM on March 20, 2023. Incomplete submittals, incorrect information, or late submittals shall be cause for disqualification.

Copies received by email and/or fax will not be accepted.

Questions regarding this RFQ/P must be submitted by email prior to 4:00 PM on February 20, 2023. Please submit all questions via email to Jeannette Ortega at iorteEaPplacentia.org.

For questions timely submitted, the City will provide final written responses by February 27, 2023 on the City's website.

VI. Selection Criteria & Process
Respondents will be evaluated on the strength and experience of the development team, the team's vision for the affordable housing use of the Development Sites, and the long-term management and operation of the proposed project. The City has assigned the following point system to the specific evaluation criteria:

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Criteria
Maximum Points
Development Entity
Conceptual Development Program
Financial Strategy / Financial Capability
Comparable Development / Management Experience
Implementation Timeline
Quality and Completeness of the RFQ/P Response
Total
20 25
25 20
5 5
100
Criteria
Bonus Points
Experience with Site Assemblage and Phasing
Maximization of Project Density
Experience Partnering with Navigation/Homeless
Centers to Connect Persons Experiencing
Homelessness with Housing
Incorporation of HIS House Unit in Project
Total Bonus Points
10 10
10 10
40 The City anticipates that interviews will be held with the shortlisted development teams.

Following the interviews, the selection committee may recommend a finalist development team with which to enter an ENA, subject to City Council consideration and approval.

All submitted proposals will be evaluated by a panel consisting of City staff and consultants.

The proposals will be assessed in accordance with the defined RFQ/P Evaluation Criteria. As part of the process, the evaluation panel reserves the right to request additional information or clarifications from respondents, and to allow the respondents to correct errors and/or omissions in submissions.

The evaluation panel may ask the respondents to participate in an interview process. The development teams may also be required to make a presentation to City Council to explain the design, development and operational aspects of the proposed project.

The projected schedule for the developer selection process is presented as follows:

Activity
Date
RFQ/P Release Date
Period in Which Questions May be posted to the City via email at jortegaPnlacentia.org
City Responds to Questions by posting on City's website at www.placentia.org/rfp
Deadline to Submit RFQ/P Responses via mail to Jeannette Ortega.

Proposal Responses Evaluation Period
Exclusive Negotiating Agreement ("ENA") to City Council February 6, 2023
Due by 4:00 PM on
February 20, 2023
February 27, 2023
Due by 4:00 PM on March
20, 2023
March 31, 2023
April 2023
The City may amend this schedule at any time. Written notice of any changes to the schedule will be provided to all respondents to the RFQ/P.

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City of Placentia

VII. Declarations and Conditions of RFQ/P
A. Confidential and Proprietary Information
All submissions in response to this RFP are considered confidential until the City makes a selection, at which time the proposals will become public information and will be available to the public for review. However, the City understands that proposals submitted in response to this RFP may contain confidential and/or proprietary financial information that the respondent does not want used or disclosed for any purpose other than the evaluation of the submittal.

Respondents must clearly designate any part of the proposal that that contains confidential or proprietary information as "CONFIDENTIAL" in order to claim protection from disclosure.

Any portion of the proposal that a respondent requests exemption from disclosure must be easily separable from the submittal package to facilitate review of the non -confidential portion of the proposal. Any RFP response that is marked as CONFIDENTIAL in its entirety may be rejected without further consideration or recourse.

The City will take reasonable measures to hold in confidence all proposal contents marked as CONFIDENTIAL, but shall not be liable for the release of any information when required by law or court order. If the City and a development team enter into an appropriate conveyance instrument, any agreements will be a public document, and no part of the agreement can be designated as CONFIDENTIAL.

B. City's Rights Pertinent to this RFQ/P
The City reserves the following rights to take the following actions with respect to the RFQ/P:

1. The City reserves the right to reject all submittals for any legally permissible reason without indicating the reasons for rejection.

2. The City is under no obligation to award this project to the development team offering the most advantageous financial benefit to the City. The RFQ/P Evaluation Criteria shall be used as the basis for the evaluation of the proposals.

3. The City shall have sole authority in determining the responsiveness of any proposal submitted in response to this RFP. The City shall also have the sole authority to determine the extent to which exceptions to the RFP specifications affect the responsiveness of the respondent to the RFP requirements.

4. The City reserves the right to amend this RFP by addendum. The City is bound only by what is expressly stated in this RFP and any authorized written addenda. Any addenda will be posted at www.placentia.org/rfp .

5. The City reserves the right to withdraw this RFP at any time without prior notice, and makes no representation that any agreement will be awarded to any respondent.

Additionally, the City expressly reserves the right to postpone opening responses to this RFQ/P - Affordable Housing Opportunity 17 1 P a g e
City of Placentia

solicitation for its own convenience, and/or to waive any informality or irregularity in the responses received.

6. The City accepts no financial responsibility for any costs incurred by the respondent during any phase of the selection process. All submittals shall become the property of the City and may be used in any way deemed appropriate.

C. Respondent Responsibilities

1. The respondent understands that the information provided in this RFP is intended solely to assist the respondent in preparing a submittal. To the best of the City's knowledge, the information provided is accurate. However, the City does not warrant such accuracy, and any errors or omissions subsequently will not invalidate this RFP.

2. The respondent to this RFP shall not offer any gratuities, favors or anything of monetary value to any official, employee, or agent of the City for the purpose of influencing consideration of this RFP.

3. From the date this RFP is distributed, and throughout the evaluation and selection process, Jeannette Ortega is respondent's only point of contact for any and all matters pertaining to this RFP. Respondents shall not contact any other City personnel, consultants engaged by the City, Planning Commissioners or City Council Members for matters regarding this RFP until the conclusion of the selection process. Unauthorized contact of this nature is cause for disqualification from the RFP process.

4. The respondent must comply with the requirements imposed by all applicable federal, state and local laws, including those pertaining to conflict of interest. All members of the responding development team must disclose any and all circumstances that could give rise to any potential conflict of interest or appearance thereof with its participation in the project with the City, and its agents, representatives and consultants.

5. The respondent shall not discriminate on the basis of race, gender, religion, national origin, ethnicity, sexual orientation, age, or disability in the solicitation, selection, hiring, or treatment of subcontractors, vendors, or suppliers.

D. Amendments
Any amendments to the RFQ/P will be issued by the City. The City will not be bound by any oral statements or modifications. If the RFQ/P is amended, all terms and conditions that are not modified will remain unchanged. Respondents shall acknowledge receipt of each amendment to the RFQ/P in writing by including a statement to such effect in its submission.

All respondents should note that the award of any contract pursuant to this solicitation is dependent upon the recommendation of the City staff and the approval of the City Council.

Thank you for your interest in this opportunity.

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Appendix
A. Phase 1 Reports
B. Preliminary Title Reports by Lot
C. Maps of Local Amenities
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Appendix A
Phase 1 Reports

CONVERSE CONSULTANTS
PIN
Phase I Environmental Site
Assessment Report
307, 312, and 314 Baker Street
Placentia, California
Converse Project No. 23-42-108-01
Task 1
February 6, 2023
Prepared For:

City of Placentia
401 East Chapman Avenue
Placentia, California 92870
Prepared By:

Converse Consultants
3716 Pullman Street
Suite 108
Costa Mesa, California 92626

nv rConsultants
Co a se
Geotechnical Engineering, Environmental and Groundwater Science, Inspection and Testing Services February 6, 2023
Ms. Jeannette Ortega
City of Placentia
401 East Chapman Avenue
Placentia, California 92870
Subject: PHASE I ENVIRONMENTAL SITE ASSESSMENT REPORT
307, 312 and 314 Baker Street
Placentia, California
Converse Project No. 23-42-108-01 (Task 1)
Ms. Ortega:

Converse Consultants (Converse) is pleased to submit the attached report that summarizes the activities and the results of a Phase 1 Environmental Site Assessment (Phase I ESA) that was conducted at the referenced property (Subject Property).

A summary of the assessment is presented in the Executive Summary, as well as in Sections 8.0 and 9.0 of the report.

We appreciate the opportunity to be of service. Should you have any questions or comments regarding this report, please contact Laura Tanaka at (626) 930-1261 or Norman S. Eke at (626) 930-1260.

CONVERSE CONSULTANTS
9iflO.kNi L .

Almendra Corona
Staff Environmental Scientist
Dist.: 1/Addressee via Electronic Mail (PDF Format)
�fC C t 11 et_h rt
Laura Tanaka
Principal Environmental Scientist
MAILING ADDRESS: 717 South Myrtle Avenue, Monrovia, CA 91016 3176 Pullman Street, Suite 108, Costa Mesa CA 92626
Telephone: (714) 444-9660 ♦ Facsimile: (714) 444-9640 ♦ www.converseconsultants.com

Table of Contents
Page

EXECUTIVE SUMMARY IV

1.0 INTRODUCTION 1

1.1 Purpose and Scope of Services 1

1.2 Non -Scope Considerations 1

1.3 Significant Assumptions 2

1.4 Limitations and Exceptions 2

1.5 Special Terms and Conditions 3

1.6 Reliance 3

1.7 Continued Viability 4

2.0 SUBJECT PROPERTY DESCRIPTION 5

2.1 Current Use(s) of the Subject Property 5

2.2 Location and Legal Description 5

2.3 Zoning Information 6

2.4 Subject Property Characteristics 6

2.5 Description of Subject Property Structure(s) 6

3.0 USER PROVIDED INFORMATION & RESPONSIBILITIES 8

3.1 Requested Documents and Information 8

3.2 User Provided Information 9

3.2.1 Environmental Cleanup Liens 10

3.2.2 Activity and Use Limitations 10

3.2.3 Specialized Knowledge or Experience 10

3.2.4 Reason for Significantly Lower Purchase Price 10

3.2.5 Commonly Known or Reasonably Ascertainable Information 10

3.2.6 Obviousness of Contamination 11

3.3 Continuing Obligations 11

4.0 OWNER PROVIDED INFORMATION 12

5.0 RECORDS REVIEW 13
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5.1 Physical Setting 13

5.1.1 Physical Setting 13

5.1.2 Geology 13

5.1.3 Groundwater 13

5.1.4 Potable Water Supplier 13

5.2 Historical Review 13

5.2.1 Aerial Photograph and Map Review 13

5.2.2 Building Permit Review 17

5.2.3 City Directories 17

5.2.4 Data Failure 19

5.2.5 Summary of Historical Property Use 19

5.2.6 Summary of Past Uses of Adjoining Properties 19

5.2.7 Summary of Past Uses of the Surrounding Area 20

5.3 Results of Environmental Records Sources Review 20

5.3.1 Subject Property Listings 20

5.3.2 Adjoining Properties 21

5.3.3 Other Off-site Locations of Concern 22

5.3.4 Orphan Listings 22

5.4 Additional Environmental Record Sources 22

6.0 SUBJECT PROPERTY RECONNAISSANCE 24

6.1 Methodology 24

6.2 Limiting Conditions 24

6.3 Interior Observations of Subject Property 24

6.4 Exterior Observations of Subject Property 24

6.5 Current Uses of Adjoining Properties 26

6.6 Current Uses of Surrounding Area 27

7.0 INTERVIEWS 28

7.1 Subject Property Owner 28

7.2 Tenant/Occupant 28

7.3 State or Local Government Officials 28

7.4 Owners and Occupants of Neighboring Sites 28

8.0 FINDINGS & OPINIONS 29
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9.0 CONCLUSIONS & RECOMMENDATIONS 32

10.0 DEVIATIONS & LIMITATIONS 33

11.0 ADDITIONAL NON -SCOPE SERVICES 34

12.0 SIGNATURE OF ENVIRONMENTAL PROFESSIONAL 35

13.0 LIST OF PREPARERS 36

14.0 REFERENCES 37

15.0 LIST OF ACRONYMS 38

APPENDICES
Appendix A — Application for Authorization to Use
Appendix B — Property Plans
Appendix C — Pertinent Property Photographs
Appendix D — Historical Research
Appendix E — Radius Map Report
TABLES
Table 1 — Viability Dates
Table 2 — Aerial Photograph and Map Review
Table 3 — City Directory Summary
Table 4 — Additional Environmental Record Sources
Table 5 — Exterior Observations of Property
Table 6 — Adjoining Property Use
Converse Project No. 23-42-108-01 (Task 1)
Copyright 2023 Converse Consultants

Executive Summary
The following is an Executive Summary of the Phase I Environmental Site Assessment (Phase I ESA) that was conducted by Converse Consultants (Converse). Please refer to the appropriate sections of the report for a complete discussion of these issues. In the event of a conflict between this Executive Summary and the report, or an omission in the Executive Summary, the report shall prevail.

This report presents the results of the Converse Phase I ESA performed at 307, 312, and 314 Baker Street in the City of Placentia, in Orange County, California, referred to as the Subject Property in this report. Converse was retained by the City of Placentia to conduct this Phase I ESA. Our study has been conducted in order to identify, to the extent practical within the scope of an ESA, Recognized Environmental Conditions (RECs) in connection with the Subject Property.

Converse has compiled and reviewed information that was obtained from interviews, document research, and on-site and area reconnaissance to identify potential environmental conditions at the Subject Property, in conformance with the ASTM Standard E: 1527-21 Environmental Site Assessment Standard Practice (ASTM Standard: E1527-21). This Phase I ESA was conducted during the period of January 20, 2023 to February 6, 2023.

The Subject Property is owned by the City of Placentia and consists of three (3) vacant parcels: The parcels are located at the east terminus of Baker Street and are located on the north and south sides of the street.

Historically, as early as 1896, the Subject Property is indicated as undeveloped land. By 1917, the Subject Property was occupied by residential dwellings. Baker Street was present in 1917. By 1933, the Subject Property appears to be occupied by residential - type structures.

By 1972, the northern portion of the lot appears to be a vacant lot while the southern portion remained residential. In 1990 to at least 2010, it appeared a commercial structure appeared to occupy the northern lot. City directory information indicated that the northern portion of the Subject Property had a historical address of 333 Melrose Street (current address of 307 Baker Street). Occupants of 333 Melrose were identified as an electrical contractor and a tool supply company from 1991 to 2003. Building permits indicated the 307 Baker Street structure was demolished in 2011.

The southern portion of the lot was occupied by multiple residential dwellings until at least 2005. In 2005, it appeared the southern portion of Subject Property was a vacant lot. Building permits indicated that the 314 Baker structure was demolished in 2009.

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iv

The Subject Property was identified on the HAZNET database in the regulatory database report. Converse assumed this listing was due to the asbestos waste that was generated during demolition activities.

The Subject Property is located within the boundaries of a National Priority List (NPL) site, Orange County North Basin. This basin is identified on the NPL due to regional groundwater contamination that has impacted the cities of Anaheim, Fullerton, and Placentia. The North Basin groundwater is contaminated with VOCs , which include TCE, PCE, 1,1-DCE, perchlorate, and 1,4 -dioxane. Investigation and remedial efforts are ongoing. A list of Potentially Responsible Parties (PRPs) has not been finalized by the EPA. Groundwater beneath the Subject Property is likely contaminated by the NPL site. The regional groundwater contamination is an environmental concern; however, no further assessment is necessary regarding this matter due to the regulatory involvement and ongoing remedial efforts.

The adjoining properties were identified in various regulatory databases: HAZ GEN, HAZNET, DELSITED TNK, LUST, and LOP ORANGE database. There appears to be low potential for environmental concern from these adjacent sites due to one or mor of the following: type or regulatory listing, non-contiguous locations, regulatory agency case status, and/or responsible parties identified.

Based on the findings of this assessment, the following were not identified during this assessment:

Recognized Environmental Conditions (RECs): No RECS pertaining to the Subject Property were identified during this assessment.

Controlled Recognized Environmental Conditions (CRECs): No GRECS pertaining to the Subject Property were identified during this assessment.

Historical Recognized Environmental Conditions (HRECs): No HRECS pertaining to the Subject Property were identified during this assessment.

Significant Data Gaps: Pending building permits and regulatory agency responses for the historical Subject Property address of 333 Melrose Street is not a significant data gap affecting the ability of the Environmental Professional to identify RECs encountered during this assessment.

Business Environmental Risks (BERs) or non -scope items are discussed in Section

11.0 of the report.

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Copyright 2023 Converse Consultants
v

1.0 Introduction

1.1 Purpose and Scope of Services
This report presents the results of the Converse Consultants (Converse) Phase I Environmental Site Assessment (ESA) performed at 307, 312, and 314 Baker Street in the City of Placentia, in Orange County, California, referred to as the Subject Property in this report. Converse was retained by the City of Placentia to conduct this Phase I ESA. Our study has been conducted in order to identify, to the extent practical, Recognized Environmental Conditions (RECs) in connection with the Subject Property. The term Recognized Environmental Conditions is defined in Section 1.1.1 of the American Society of Testing and Materials (ASTM) Standard Practice as (1) the presence of hazardous substances or petroleum products in, on, or at the subject property due to a release to the environment; (2) the likely presence of hazardous substances or petroleum products in, on, or at the subject property due to a release or likely release to the environment; or (3) the presence of hazardous substances or petroleum products in, on, or at the subject property under conditions that pose a material threat of a future release to the environment.

This Phase I ESA was completed in accordance with our proposal dated January 20, 2023. Our work consisted of the following and was completed in general conformance with the scope and limitations of the ASTM Practice E1527-21 and complies with standards and practices set forth in 40 Code of Federal Regulations (CFR) Part 312 for AAI.
• Interviews with the Subject Property owner representatives • Subject Property and vicinity reconnaissance
• Review of regulatory agency records
• Description of physical setting
• Historical review
• Interviews with public agency personnel
• Preparation of this report

1.2 Non -Scope Considerations
There are a number of non -scope issues which are sometimes assessed concurrently with a Phase I ESA. Unless specifically agreed in the contract proposal documents, these non -scope considerations are not included as part of the Phase I assessment. Examples of non -scope issues include:

Converse Project No. 23-42-108-01 (Task 1) 1
Copyright 2023 Converse Consultants

• Asbestos -containing Building Materials unrelated to release into the environment
• Biological Agents
• Cultural & Historic Resources
• Diffuse Anthropogenic Pollution
• Ecological Resources
• Emerging Chemicals/Contaminates
• Endangered Species
• Health & Safety
• Indoor Air Quality unrelated to release of hazardous substances or petroleum products in the environment
• Industrial Hygiene
• Lead-based paint unrelated to releases in the environment • Lead in Drinking Water
• Mold or microbial growth conditions
• PCB -containing containing building materials (for example, interior fluorescent light ballasts, paint, and caulk)
• Polyfluoroalkyl Substances
• Naturally -occurring Radon
• Regulatory Compliance
• Substances not defined as hazardous substances unless or until such substances are classified as CERCLA hazardous substance • Wetlands
No Non -scope issues were addressed in this report.

1.3 Significant Assumptions
A portion of the Subject Property (312 Baker Street) was identified as a hazardous waste generator in the regulatory database report. Converse assumed this listing was the result of the generation of asbestos waste during the demolition of on-site structures.

1.4 Limitations and Exceptions
The following limitations and exceptions were encountered during the course of this assessment:
• Portions of the ground surface of the 307 and 314 Baker Street parcels could not be observed due to extensive naturally occurring vegetation (weeds and grasses) growth.

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• A request for building permits was submitted to the City of Placentia, Building Department for the historical address 333 South Melrose Avenue and 333 South Melrose Street. However, responses were not received during the timeframe of this assessment.
• Information requests were submitted to the Orange County Health Care regarding the historical Subject Property 333 South Melrose Street and 333 South Melrose Avenue. A response was not received during the time frame of this assessment.

1.5 Special Terms and Conditions
The Client was responsible for providing Attachment A of the proposal to those identified. Converse did receive a completed attachment A, or other documents, from the identified users.

No special terms or conditions noted.

1.6 Reliance
This report is for the sole benefit and exclusive use of City of Placentia in accordance with the terms and conditions attached to our proposal under which these services have been provided. Its preparation has been in accordance with generally accepted environmental practices. No other warranty, either express or implied, is made. The Scope of Services associated with the report was designed solely in accordance with the objectives, schedule, budget, and risk - management preferences of City of Placentia.

This report should not be regarded as a guarantee that no further contamination, beyond that which could be detected within the scope of this assessment, is present at the Subject Property. Converse makes no warranties or guarantees as to the accuracy or completeness of information provided or compiled by others. It is possible that information exists beyond the scope of this assessment. It is not possible to absolutely confirm that no hazardous materials and/or substances exist at the Subject Property. If none are identified as part of a limited scope of work, such a conclusion should not be construed as a guaranteed absence of such materials, but merely the results of the evaluation of the Subject Property at the time of the assessment. Also, events may occur after the Subject Property visit, which may result in contamination of the Subject Property. Additional information, which was not found or available to Converse at the time of report preparation, may result in a modification of the conclusions and recommendations presented.

Converse Project No. 23-42-108-01 (Task 1) 3
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Any reliance on this report by Third Parties shall be at the Third Party's sole risk.

Should City of Placentia wish to identify any additional relying parties not previously identified, a completed Application of Authorization to Use (see Appendix A of this report) must be submitted to Converse Consultants.

1.7 Continued Viability
This report has continued viability of 180 days from the following:

Table 1 — Viability Dates
Action
1 Interviews
1 Review of Government Records
1 Visual Inspection
1 Declaration by Environmental Professional (EP)
Lien Search
Date
February 1, 2023
January 26, 2023
January 26, 2023
February 6, 2023
Not applicable
Converse Project No. 23-42-108-01 (Task 1) 4
Copyright 2023 Converse Consultants

2.0 Subject Property Description

2.1 Current Use(s) of the Subject Property
The Subject Property is owned by the City of Placentia and are currently vacant lots.
307 Baker Street is currently a gated vacant lot located on the north side of the street.
312 and 314 Baker Street are contiguous parcels located on the south side of the street.

A Subject Property location map and a field generated Subject Property plan are provided in Appendix B. Pertinent Subject Property photographs are provided in Appendix C.

2.2 Location and Legal Description
The Subject Property is located at 307, 312, and 314 Baker Street in the City of Placentia, Orange County, California.

The Subject Property is located approximately 0.27 -miles east of State Route 57 (Orange Freeway) and 0.07 -miles north of the West Crowther Avenue.

The Orange County Assessor's Parcel Numbers and legal description for the Subject Property are as follows:
• 307 Baker Street: Assessor's Parcel Number (APN) 339-392-14.

Parcel 1, in the City of Placentia, County of Orange, State of California, as per Map recorded in Book 236, of Parcel Maps, at Pages 11 and 12, in the Office of the County Recorder of said County. • 312 Baker Street: APN 339-391-15.

Lot 24 in Block "B" of Bradford's ReSubdivision of Blocks "H" and "I" in the City of the townsite of Placentia, in the City of Placentia, County of Orange, State of California as per map recorded in Book 8, Page 65, of Miscellaneous Maps in the Office of the County Recorder of said County.
• 314 Baker Street: APN 339-391-14.

Lot 25 in Block B of Bradford's ReSubdivision of Blocks "H" and "1" in the City of Placentia, County of Orange, State of California as per map Converse Project No. 23-42-108-01 (Task 1) 5
Copyright 2023 Converse Consultants

recorded in Book 8, Page(s) 65, of Miscellaneous Maps in the Office of the County Recorder of said County.

2.3 Zoning Information
According to the City of Placentia, Planning Department, the zoning for the Subject Property is OT, which is defined as Old Town.

2.4 Subject Property Characteristics
The Subject Property is an irregular-shaped comprised of three (3) parcels consisting of approximately 0.88 acres of land. The parcels are located at the east terminus of Baker Street, on the north and south sides of the street. The Subject Property is generally level.
307 Baker Street is a vacant lot, and a portion of the lot is covered with naturally growing vegetation (weeds and grasses). The northern portion of the lot houses a concrete foundation with a masonry wall on the northern property line. The lot was observed to be gated.

During this assessment, Converse assessed a portion of the street (Baker Street) located on the north side of the 312 Baker Street lot. Converse observed two (2) manhole covers located in this portion of Baker Street. The manhole covers were identified as being associated with "SCWCO" and the sewer system.

Converse also observed a storm drain located on the northeast corner of the 312 lot.
312 and 314 Baker Street are contiguous parcels on the south side of Baker Street. The lots are currently vacant. A portion of ground surface of 314 Baker is covered with extensive naturally growing vegetation (weeds and grasses).

Converse observed a pile of gravel located on the southwest corner of the lot.

The general area consists of a mix of residential, commercial, and light - manufacturing properties.

2.5 Description of Subject Property Structure(s)
307 Baker Street is a vacant lot, and a portion of the lot is covered with naturally growing vegetation (weeds and grasses). The northern portion of the lot houses a concrete foundation with a masonry wall along the northern property line. The lot was observed to be gated metal fencing and concrete CMU pillars.

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312 and 314 Baker Street are contiguous parcels which are currently vacant and surrounded by a chain-link fence. The southwest portion of the 114 Baker lot is covered with naturally growing vegetation (weeds and grasses). The southern property line fronts onto the railroad tracks.

The following services were present at the Subject Property at the time of the assessment.
• Electricity: Southern California Edison
• Gas: Southern California Gas
• Potable Water: Golden State Water Company
• Sanitary Sewer: City of Placentia
• Heating, Ventilation, Air Conditioning (HVAC): Not Applicable • Solid Waste: Republic Services
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3.0 User Provided Information & Responsibilities

3.1 Requested Documents and Information
The ASTM E1527-21 specifies that the User provide any helpful documents that may be available. Converse requested that the User City of Placentia provide the following documents and information.

Summaries of the information/documents are provided below. • Environmental site assessment or environmental compliance audit reports • Environmental permits or hazardous waste generator notices/reports • Registrations for aboveground and underground storage tanks • Septic systems, oil wells, or water wells
• Registrations for underground injection systems
• Safety Data Sheets; Community Right to Know Plans; or Safety, Preparedness and prevention Plans; Spill Protection Countermeasures and Control Plans • Reports regarding hydrologic conditions on the Property or surrounding area • Notices or other correspondence form any government agency relating to past or current violations of environmental laws with respect to the Subject Property or relating to environmental liens encumbering the Subject Property. • Hazardous waste generator notices or reports
• Geotechnical studies
• Risk assessments
• Recorded Activity Use Limitations (AULs)
• Proceedings regarding hazardous substances and petroleum products including any pending, threatened or past: litigation; administrative proceedings; or notices from any governmental entity regarding possible violations of environmental laws or other possible liability related to hazardous substances or petroleum products.

The City of Placentia provided the following information. • Asbestos -Containing Materials Survey, October 8, 2009, Prepared by Advanced GeoEnvironmental, Inc.

The report was prepared for 307-311, 314 and 323 Baker Street, Placentia, California. The asbestos survey was conducted on the three properties prior to the demolition of the structures. The structures that were surveyed at the Subject Property consisted of a commercial structure (307) and a residential structure (314).

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Suspect materials sampled at the Subject Property included drywall/joint compound, insulation, ceramic tile and mastic, floor sheeting, exterior stucco, floor tiles, drywall and floor sheeting. No asbestos was detected in the sampled materials.
• Redevelopment Agency of the City of Placentia - Request for Bids for Three Projects
A copy of the bid request was provided that identified the project as three projects which included 307/311 Baker Street (formerly 333 S. Melrose Avenue), Placentia, CA 92870 (APN: 339-391-14, and -15).

The property is a former commercial building used for various purposes to include automotive parts sales and distribution and the building contains a second -floor office space. The building was purchased as part of the Melrose Avenue grade separation project and the area is now to be used for affordable housing.

Th bid request indicated that asbestos abatement was to be included in the proposers bid. A hazardous materials survey that was completed in October 2009 was provided to the prospective bidders.
• Grant Deed —307 Baker Street Grant Deed
The document was prepared by the Chicago Title Company for the Subject Property. The document provided legal information regarding the Subject Property.
• Grant Deed —312 Baker Street Grant Deed
The document was prepared by the Chicago Title Company for the Subject Property. The document provided legal information regarding the Subject Property.
• Grant Deed —314 Baker Street Grant Deed
The document was prepared for the Subject Property. The document provided legal information regarding the Subject Property.

3.2 User Provided Information
Section 6 of ASTM E1527-21 outlines specific User's responsibilities. This information will help identify the possibility of RECs in connection with the Subject Property. The ASTM Standard provides a questionnaire to help the User to comply with the statutory requirements to perform tasks which would help identify RECs. Converse included the questionnaire as Attachment A to our Converse Project No. 23-42-108-01 (Task 1) 9
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proposal. In general, any Users should make Converse aware of information they have regarding the following:
• Environmental Cleanup Liens filed or recorded against the Subject Property • Activity and land use limitations that are in place on the Subject Property or have been filed or recorded in a registry.
• Specialized knowledge or experience of the person seeking to qualify for the Legal Liability Protections (LLP)
• Relationship of the purchase price to fair market value of the Subject Property if it were not contaminated
• Commonly known or reasonably ascertainable information about the Subject Property
• The degree or obviousness of the presence or likely presence of contamination at the Subject Property, and the ability to detect this contamination by appropriate investigation.

The following information was requested from the User(s), City of Placentia.

3.2.1 Environmental Cleanup Liens
The User provided no information regarding environmental cleanup liens or title records.

3.2.2 Activity and Use Limitations
The User did not provide any information indicating they were aware of any AULs.

3.2.3 Specialized Knowledge or Experience
The User did not provide any information indicating they had specialized knowledge or experience related to the Subject Property or nearby Subject Property.

3.2.4 Reason for Significantly Lower Purchase Price
Converse has no information regarding the purchase price of the Subject Property or comparable properties. The User has not indicated to Converse that there is any conclusion that there was a lower purchase price because of known or suspected contamination at the Subject Property.

3.2.5 Commonly Known or Reasonably Ascertainable Information The User did not provide any information about: past uses; specific chemicals at the Subject Property; past spills; environmental cleanup or Converse Project No. 23-42-108-01 (Task 1) 10
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other reasonably ascertainable information regarding the Subject Property.

3.2.6 Obviousness of Contamination
The User did not provide any information based on their knowledge or experience that would be obvious indicators of contamination on the Subject Property.

Unless specifically stated otherwise in the Scope of Services, the purpose of this Phase I ESA was to qualify for the landowner liability protections to CERCLA Liability as described in ASTM E1527-21.

Business risk unrelated to the CERCLA innocent landowners defense are only assessed as specifically agreed in the Scope of Services and discussed in Section 11.0, Additional Non -Scope Services, of this report.

3.3 Continuing Obligations
In order to assert a LLP, the User must satisfy a number of statutory requirements that are generally referred to as Continuing Obligations, which are outside the Scope of Services of the Phase I ESA. Examples of Continuing Obligations include providing legally required notices, stopping continuing releases and complying with land use restrictions. Failure to comply with these and other statutory post -acquisition requirements will jeopardize liability protection.

It is the responsibility of the User to comply with the Continuing Obligations requirements of ASTM E1527-21 and AAI. Anyone seeking LLP protections should take independent action beyond this Phase I ESA to perfect their position.

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4.0 Owner Provided Information
The ASTM E1527-21 specifies that the Subject Property owner and the Key Site Manager provide any helpful documents that may be available as listed below. • Environmental site assessment or environmental compliance audit reports • Environmental permits or hazardous waste generator notices/reports • Registrations for aboveground and underground storage tanks • Septic systems, oil wells, or water wells
• Registrations for underground injection systems
• Safety Data Sheets; Community Right to Know Plans; or Safety, Preparedness and Prevention Plans; Spill Protection Countermeasures and Control Plans • Reports regarding hydrologic conditions on the Subject Property or surrounding area • Notices or other correspondence form any government agency relating to past or current violations of environmental laws with respect to the Subject Property or relating to environmental liens encumbering the Subject Property. • Hazardous waste generator notices or reports
• Geotechnical studies
• Risk assessments
• Recorded AULs
• Proceedings regarding hazardous substances and petroleum products including any pending, threatened or past: litigation; administrative proceedings; or notices from any governmental entity regarding possible violations of environmental laws or other possible liability related to hazardous substances or petroleum products.

The City of Placentia provided various documents that were summarized in Section 3.1.

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5.0 Records Review

5.1 Physical Setting

5.1.1 Physical Setting
The Subject Property is located approximately 228.27 feet above mean sea level with surface topography sloping towards the south-southwest (United States Geological Survey [USGS] Topographic Map, Yorba Linda, La Habra, Orange, California, 2018).

5.1.2 Geology
The Subject Property is underlain by unconsolidated and semi -consolidated alluvium, lake, playa, and terrace deposits (Division of Mines and Geology, Geologic Map of California, 2015).

5.1.3 Groundwater
Information regarding regional groundwater was researched on the RWQCB Geotracker website. According to the website, the closest site to the Subject Property with recent groundwater information is located approximately 0.22 -miles east of the Subject Property (220 Santa Fe Avenue). According to a July 2006 Case Closure Summary for the site, groundwater is located at approximately 86 -feet to 91 -feet below ground surface and the groundwater flow is indicated as unknown.

5.1.4 Potable Water Supplier
Potable water is supplied by Golden State Water Company.

5.2 Historical Review

5.2.1 Aerial Photograph and Map Review
Available historical aerial photographs, Sanborn maps and USGS topographic maps, as described in Table 1, were reviewed.

Copies of the aerial photographs, Sanborn maps, and topographic maps have been provided in Appendix D.

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Table 2 - Aerial Photograph and Map Review
Date/Reference
1896 Topo Map
1898 Topo Map
1901 Topo Map
1917 Sanborn
1922 Sanborn
1927 Aerial
1931 Aerial
1932 Topo Map
Property
The Subject
Property is indicated
as undeveloped
land.

The Subject
Property is indicated
with two (2)
residential dwellings
on the northern
portion of the lot.

Baker Street is
present and
separates the north
and south parcels.

The southern portion
of the Subject
Property lot is
indicated as vacant
land.

According to the
1922 Sanborn, the
Subject Property is
occupied by
residential dwellings
and vacant lots.

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Adjoining
Properties
The adjoining
properties are
indicated as
undeveloped land.

The adjoining
properties are
indicated as
residential dwellings,
vacant lots and a
lumber yard.

A railroad track is
present to the
southeast of to the
Subject Property.

The southern
adjacent property is
not mapped.

The adjoining
properties are
indicated as
residential dwellings
and commercial
properties.

Commercial
properties consist of
the Gibbs Lumber
Co., Placentia
Canning Co.,
Placentia Orange
Growers Packing
No.

General Vicinity
The general vicinity
is indicated as
undeveloped land.

There appears to be
scattered residential
structures.

The general vicinity
consists of
residential dwellings,
a church, and
commercial
properties.

Commercial
properties consist of
the following:

Placentia Canning
Co., Placentia
Orange Growers
Packing No., and
general stores,
There appears to be
a water pump
located in the
eastern general
vicinity.

The western and
southern general
vicinity are not
mapped.

The general vicinity
consists of
residential dwellings,
a church, and
commercial
properties.

There appears to be
a water pump
located in the
eastern general
vicinity.

The western and
southern general
vicinity are not
14 Table 2 - Aerial Photograph and Map Review
Adjoining
Properties
Date/Reference
1933 Sanborn
1935 Topo Map
1938 Aerial
1942 Topo Map
1947 Aerial
1949 Topo Map
1950 Topo Map
1952 Aerial
1960 Aerial
1936 Aerial
1964 Topo Map
1972 Aerial
1972 Topo Map
1974 Topo Map
1980 Aerial
Property
The Subject
Property a structure
is located on the
northern portion of
the Subject Property.

The structure is
identified as "A",
which is an auto
garage.

The southern portion
of the lot is indicated
with residential
dwellings.

Structures are
located over the
Subject Property.

Appears to be
primarily residential
type structures.

The northern portion
of the lot appears to
be a vacant lot.

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The adjoining
properties are
indicated as
residential dwellings
to the north and
west.

The adjoining
properties are
indicated as
commercial
properties to the east
and south.

The adjoining
properties appears
to be developed for
residential and
commercial use.

The adjoining
properties appears
to be developed for
residential and
General Vicinity
mapped.

Based on the 1927
aerial, the general
vicinity appears to be
occupied by
agricultural land.

The general vicinity
consists of churches,
schools, residential
dwellings, and
commercial
properties.

Commercial
properties consist of
the following: Auto
repair shops, social
halls, Placentia
Canning Co.,
Placentia Orange
Growers Packing
No.

A gas station is
indicated on the
northeast corner of
the intersection of
West Crowther
Avenue and South
Melrose Avenue.

The general vicinity
consists of
agricultural land,
residential dwellings,
and commercial
properties.

Based on the 1964
topo map, the
general vicinity
appears to house
wastewater disposal
sites, oil wells,
sandpits, and
reservoirs.

The general vicinity
consists of
agricultural land,
residential dwellings,
15 Table 2 - Aerial Photograph and
Date/Reference
Property
1981 Topo Map The southern
portion of the lot
appears to house
residential
dwellings.
1990 Aerial
1995 Aerial
2005 Aerial
2009 Aerial
2010 Aerial
2012 Aerial
2014 Aerial
2015 Topo Map
2016 Aerial
2018 Topo Map
2018 Aerial
2020 Aerial
2022 Topo Map
The northern portion
of the lot appears to
house a commercial
property.

The southern
portion of the lot
appears to house
residential
dwellings.

The northern portion
of the lot appears to
house a commercial
property.

The southern
portion of the lot
appears to be a
vacant lot.

The Subject
Property appears to
be vacant land with
a portion of the road
located in the
approximate center
in a west and east
configuration.

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Map Review
Adjoining
Properties
commercial use.

The adjoining
properties appears
to be developed for
residential and
commercial use.

No change from the
1995 aerial.

No change from the
1995 aerial.

General Vicinity
and commercial
properties.

Based on the 1964
topo map, the
general vicinity
appears to house
wastewater disposal
sites, oil wells,
sandpits, and
reservoirs.

The general vicinity
consists of
agricultural land,
residential dwellings,
and commercial
properties.

Based on the 1964
topo map, the
general vicinity
appears to house
wastewater disposal
sites, oil wells,
sandpits, and
reservoirs.

No change from the
1995 aerial.

No change from the
1995 aerial.
16 5.2.2 Building Permit Review
Available building permits were reviewed at the City of Placentia, Department of Building & Safety. A chronological summary is provided below.
307 Baker Street:

February 16, 2011:

A building permit was issued for the work description indicated as the demolition of a concrete masonry building. The owner is indicated as the City of Placentia.
314 Baker Street:

March 23, 1999:

A building permit was issued for the work description indicated as roof, plumbing, electrical, and stucco. The owner is indicated as Jose Gonzalez.

July 28, 1999:

A building permit was issued for the work description indicated as roof, plumbing, electrical, and stucco. The area of work is indicated as 720 square feet. The owner is indicated as Jose Gonzalez.

December 8, 2009:

A building permit was issued for the work description of the demolition of a structure and infrastructure. The owner is indicated as the City of Placentia.

Additional documents provided included a contractor's license board and an owner -builder verification form, and a South Coast Air Quality Management District (SCAQMD) notice of Asbestos Removal.

5.2.3 City Directories
A city directory search was completed on the Subject Property by ERIS.

The complete city directory is provided in Appendix E, ERIS-City Directory.

The Subject Property was identified under the following listings in the directories published during the years indicated:

Table 3 — City Directory Summary
Property Address Listing Year
307 Baker Street I No listings identified NA
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Table 3 — City Directory Summary
333 Street Melrose Street • Helical Tool Technologies, Southern (Historical Address for 307 California Tool Supply
Baker Street) Assured Electrical Contracting
312 Baker Street Residential
314 Baker Street Residential
Adjacent Property Address
Listing
• Placentia Orange Growers Assn.,
Placentia Orange Growers,
Placentia Mutual Orange
Association
• Palmer Ervin S.
• V B & P Baumann Inc., Southern CA
IN Stock, Rosemar Industries Inc.,
Jones Gerald, Pickering Enterprises
• Health Care Network, Jones Charles
& Association, Jones Gerald
• Jones Gerald
341 South Melrose Street • Jones Gerald, Harmony House gifts 320, 311-319 Baker Street
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Suppliers
• Western Harmony House, Nosaj
Disposables Inc., Gerald Jones
• Thinkplanet Engineering Inc., Gold
Dream, Gerald Jones, Americolor
Corp.
• Gerald Jones
• Teetot & Co Inc., Black Black Line,
Americolor Corp.
• Teetot & Co Inc., Americolor Corp.
• Teetot & Co Inc., Americolor Corp.
• Residential
•
•
•
•
•
•
•
•
•
2003
2000
1996, 1991
1964
1970
1975
1981
1986
1991
1996
2000
2008
2000
Year
1955-1975
1981
1986
1991
1996
2000
2003
2008
2011
2016
2020
2022
1955
1958
1964
1970
1975
1981
1986
1991
1996
2000
2003
2008
2011
2016
2020
18 Table 3 — City Directory Summary
313 Melrose Street
• Residential
• Residential
• Residential, Franks Bar
• Residential, The Happy Girl Bar
• The Reck
• The Reck
• Residential
2022
1955
1958
1964
1970
1975
1981
1986-2022
214 through 224 West Santa Fe Avenue are not listed in the City Directories.

5.2.4 Data Failure
Historical information regarding the Subject Property was dated as early as 1896 with undeveloped use; therefore, there is no historical data failure for this assessment.

5.2.5 Summary of Historical Property Use
As early as 1896, the Subject Property is indicated as undeveloped land.

By 1917, the Subject Property was occupied by residential dwellings.

Baker Street was present in 1917. By 1933, the Subject Property appears to be occupied by residential -type structures.

By 1972, the northern portion of the lot appears to be a vacant lot while the southern portion remained residential. In 1990 to at least 2010, it appeared a commercial structure appeared to occupy the northern lot.

City directory information indicated that the northern portion of the Subject Property had a historical address of 333 Melrose Street (current address of 307 Baker Street). Occupants of 333 Melrose were identified as an electrical contractor and a tool supply company from 1991 to 2003.

Building permits indicated the 307 Baker Street structure was demolished in 2011.

The southern portion of the lot was occupied by multiple residential dwellings until at least 2005. In 2005, it appeared the southern portion of Subject Property was a vacant lot. Building permits indicated that the 314 Baker structure was demolished in 2009.

5.2.6 Summary of Past Uses of Adjoining Properties
As early as 1896, the adjoining properties were indicated as undeveloped land. By 1917, there appears to be an adjoining railroad track to the south of the Subject Property.

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As early as 1922, the adjoining properties were indicated as residential dwellings and commercial properties. Commercial properties observed consisted of Gibbs Lumber Co., Placentia Canning Co., and Placentia Orange Growers Packing No.

As early as 1935 to present day, the adjoining properties remained as commercial and residential use.

5.2.7 Summary of Past Uses of the Surrounding Area
As early as 1896 to at least 1901, the general vicinity is indicated as undeveloped land. By 1917, the general vicinity consists of residential dwellings, a church, and commercial properties.

As early as 1938 to at least 1964, the general vicinity consists of agricultural land, residential dwellings, and commercial properties. Based on the 1964 topo map, the general vicinity appears to house wastewater disposal sites, oil wells, sandpits, and reservoirs.

By 1990, agricultural land was no longer visible in the general vicinity and by 1972 the general vicinity consisted of residential, commercial, and light manufacturing properties.

5.3 Results of Environmental Records Sources Review
An Environmental Risk Information Services (ERIS) report of Standard Environmental Record Sources (Records) was prepared specifically for the Subject Property. The search included queries to the following databases for cases within specified ASTM search distances. A copy of the ERIS Radius Map Report is provided in Appendix E.

5.3.1 Subject Property Listings
The Subject Property was identified in the databases in the ERIS report. • City of Placentia - 306, 310, and 312 Baker Street (Map Key ID No. 2). The facility is listed in the HAZNET database. The listing was created as of December 10, 2002. The listing became inactive as of August 19, 2003. No manifest information was reported.

Converse assumed the listing was for the generation of asbestos waste during the demolition of on-site structures.

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The Subject Property is located within the boundaries of a National Priority List (NPL) site that has impacted regional groundwater. • Orange County North Basin, 1012 East Elm Avenue (Map Key ID No. 1). This site is identified as a regional groundwater contamination site. The site is located in mixed residential, commercial, and industrial areas of the cities of Anaheim, Fullerton, and Placentia and includes the Orange County Groundwater Basin, which supplies water to 22 cities serving 2.4 million residents.

The North Basin groundwater is contaminated with volatile organic compounds (VOCs) and other chemicals from industrial activities in the area. Contaminates include trichloroethylene (TCE), tetrachloroethylene (PCE), 1,1 dichloroethylene (1,1-DCE), perchlorate, and 1,4 -dioxane.

The state, through the California EPA Department of Toxic Substances Control (DTSC Cypress office) and the Regional Water Quality Control Board (Santa Ana RWQCB), is currently overseeing the investigation and remediation of several source facilities. The Orange County Water District is conducting an interim Remedial Investigation/Feasibility Study (RI/FS) under EPA oversight to characterize the plume in the most contaminated areas of the plume and to evaluate an interim cleanup remedy. The list of Potentially Responsible Parties (PRPs) has not been finalized by the EPA.

5.3.2 Adjoining Properties
The following adjoining properties were identified in the regulatory database report:
• Department of Food and Agriculture -Riverside, Dept of Food/Agriculture, 312 South Melrose Street (Map ID No. 3) is located approximately 74.13 feet east-northeast of the Subject Property. The site is listed in the HAZ GEN database. The facility is listed as an inactive site. Based on a 1999 Manifest, the facility produced toxic solid waste (200 P), solid liquid waste (55 G). In 2002, waste generated included one container of "204 P" of waste pesticides. • Farwest Roofing, 312 South Melrose #13 (Map ID No. 4) is located approximately 78.38 feet from the Subject Property. The facility is listed in the HAZNET database. The facility is listed as an inactive site as of January 1, 1995. No manifest information was reported.

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• Placentia Super Service, 230 West Santa Fe Avenue (Map ID No. 5) is located approximately 133.16 feet east-northeast from the Subject Property. The facility is listed in the DELISTED TNK, LUST, and LOP Orange database. The facility has a recorded date of January 30, 2017. Based on the information reported the facility case status is closed as of March 22, 1991. Waste oil was identified which contaminated the soil at the site. The site received a site investigation and remedial action. The Orange County Health Agency provided a letter confirming that no further action was required.

The potential for environmental impact to the Subject Property from these off-site locations appears to be low due to one or more of the following:
regulatory agency oversight; case closure status; type of regulatory listing; and/or responsible parties have been identified.

5.3.3 Other Off-site Locations of Concern
Other off-site locations of concern identified by ERIS within a maximum one -mile radius from the Subject Property included CERCLIS LIENS,

RCRA CORRACTS, RCRA TSD, RCRA LQG, RCRA SQG, RCRA NON

GEN, RESPONSE, ENVIROSTOR, HWP, LUST, UST CLOSURE, HHSS,

UST SWEEPS, AST, DELISTED TNK, CERS TANK, DELSITED CTANK,

HIST TANK, DEED, CLEANUP SITES, DELISTED COUNTY, ICP

ORANGE, LOP ORANGE, NPUT ORANGE, UST ORANGE, AST

ORANGE, PFAS GW, SCH, HAZNET, HAZ GEN, HAZ TSD, CERS HAZ, DELISTED HAZ, EMISSIONS, and HW ORANGE.

The potential for environmental concern to the Subject Property from these off-site locations appears to be low due to one or more of the following: type of regulatory listing; type of resource (soil) affected, location with respect to the direction of regional groundwater, distance from the Subject Property; status of the case; remedial efforts being directed by a regulatory agency; and/or potential responsible parties have been identified.

5.3.4 Orphan Listings
The ERIS database report did not identify any orphan listings.

5.4 Additional Environmental Record Sources
Requests for information or review of online databases were completed for the following regulatory agencies.

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Table 4 — Additional Environmental Record Sources
Federal Agency
U.S. Department of
Transportation, Pipeline
and Hazardous Material
Safety Administration
(PHMSA)
The PHMSA online mapping system for gas transmission
pipelines or hazardous liquid pipelines was reviewed
( https://www.nems.phmsa.dot.aov/default.htm) .

No pipelines are located on the Subject Property or adjacent properties.

State Agencies
California Environmental No information regarding the Subject Property was on file Protection Agency with DTSC.
(Cal/EPA), Department of
Toxic Substances Control
(DTSC)
Cal/EPA, Los Angeles
Regional Water Quality
Control Board (RWQCB)
California Department of
Conservation (DOC),
Geologic Energy
Management Division
(Ca1GEM) According to the website, no oil or gas wells are located on the Subject Property.

The Envirostor website ( http://www.envirostor.dtsc.ca . gov/public/) was reviewed for information, and the Subject Property was not listed in the database.

The RWQCB had no records on file the Subject Property.

The Geotracker website ( http://aeotracker.waterboards . ca.gov/) was reviewed for information, and the Subject
Property was not listed in the database.

Converse reviewed the DOC CaIGEM Online Well Finder
( https://www.conservation.ca.gov/calgem/Pages/Wellfinder.a spx).

Local Agencies
South Coast Air Quality
Management District
(SCAQMD)
No information regarding the Subject Property was on file with SCAQMD.

Orange County Health No information regarding the Subject Property was on file Care Agency with OCHCA.

City of Placentia Fire There is no information regarding the Subject Property on Department file with the City of Placentia Fire Department.

Methane
According to the CalRecycle Solid Waste Information
System (SWIS) website, and DOGGR website, the Subject
Property is not located within 300 feet of an oil or gas well.

Information requests were submitted to the various regulatory agencies for the historical Subject Property 333 South Melrose Avenue.

A response was not received during the time frame of this assessment from the following agency: OCHCA.

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6.0 Subject Property Reconnaissance

6.1 Methodology
On January 26, 2023, Converse visited the Subject Property to evaluate present use and to identify observable environmental conditions at the Subject Property.

Our methodology involved walking the perimeters, and center lines while noting observed evidence of present and potential environmental concerns.

A field -generated map is provided in Appendix B. Pertinent Subject Property photographs are provided in Appendix C.

6.2 Limiting Conditions
Converse's findings are based on the Subject Property conditions observed on Thursday, January 26, 2023. Limiting conditions include the following:
• Portions of the ground surface were covered with extensive vegetation (weeds and grasses) and could not be observed throughout the southwest portion of the lot located at 314 Baker Street.
• Portions of the ground surface were covered with extensive vegetation (weeds and grasses) and could not be observed throughout the western boundary lines of 307 Baker Street.

6.3 Interior Observations of Subject Property
The Subject Property is currently a vacant lot. No buildings are present.

6.4 Exterior Observations of Subject Property
During our Subject Property visit, Converse made the following observations of the exterior of the property:

Table 5 — Exterior Observations of Subject Property
No
Item or Condition Evidence
Observed
Observed
Evidence
Hazardous Substances &
Petroleum Products:

IZI
Comments
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Table 5 — Exterior Observations of Subject Property
No
Item or Condition Evidence
Observed
Observed
Evidence
Storage Tanks & Related ❑IZI
Equipment:

Odors: ❑
Standing Surface Water ❑
or Other Pools of Liquid:

Drums & Other ❑
Containers of Hazardous
Substances, Petroleum
Products, or Other
Unidentified Contents:

Transformers or ❑ El
Equipment containing
Polychlorinated Biphenyls
(PCBs):

Pits, Ponds, or Lagoons:

Stained Soil or
Pavement:

Stressed Vegetation
(other than from
insufficient water):

Evidence of Mounds,
Depressions or Filled or
Graded Areas Suggesting
Trash or Other Solid
Waste Disposal:

Waste Water or any
discharge (including
storm water) at the
Subject Property:

Comments
❑ ® The ground surface was covered with
extensive vegetation along the
southwest corner of 314 Baker Street.

El
El
The ground surface was covered with
extensive vegetation along the western
property line of 307 Baker Street.

Converse observed a mound of gravel
located on the southwest corner of the
lot (314 Baker Street). Gravel was
observed to match the gravel located
along the railroad tracks.
❑ A storm drain is located on the
northeast corner of 312 Baker Street.

Wells (active, inactive, or ❑IZI
abandoned):

Septic Systems or ❑IZI
Cesspools:

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25 Table 5 — Exterior Observations of Subject Property
No
Item or Condition Evidence
Observed
Observed
Evidence
Prior Structures:

Roads, Tracks, Railroad
Tracks or Spurs:

Comments
® ❑ Concrete foundation and a portion of a
masonry wall located on the northern
portion of the lot (307 Baker Street).
® ❑ The Subject Property houses a portion
of Baker Street along the north
boundary to 312 Baker Street.

Railroad tracks south of the Subject
Property.

Suspect Asbestos- ❑ El
containing Building
Materials released into
the environment:

Suspect Lead-based ❑El
Paint released into the
environment:

Suspect PCB Caulk, ❑
Paint or Ballasts released
into the environment:

6.5 Current Uses of Adjoining Properties
Based on our research and observations during our Subject Property visit, the Subject Property is bordered by the following:

Table 6 — Adjoining Property Use
Direction Current Development
Commercial property (313 Melrose Street).

Single-family residential dwelling (311 Baker Street).

Intersection of Melrose Street and West Santa Fe Avenue, followed by commercial properties (214-224 West Santa Fe Avenue).
• Sabroso Grill (214 West Santa Fe Avenue).
• Coin Laundry (216 West Santa Fe Avenue).
• Jiujitsu (220 West Santa Fe Avenue).
• B.L. T-shirts & Clothing (222 and 224 West Santa Fe Avenue).

Single-family residential dwelling (311-315 Baker Street).

North:

Northeast:

Northwest:

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Table 6 — Adjoining Property Use
Direction Current Development
Single-family residential dwelling (319 Baker Street).

Railroad track, followed by a light -manufacturing property (Americolor Corporation, 341 South Melrose Street).

South Melrose Street followed by a vacant lot. (No address visible).

Southwest: Railroad track, followed by a light -manufacturing property (Americolor Corporation, 341 South Melrose Street).

East: South Melrose Street, followed a parking lot (No address visible).

West: Residential properties (311-319 Baker Street and 320 Baker Street).

South:

Southeast

6.6 Current Uses of Surrounding Area
Based on our research and observations during our Subject Property visit, the surrounding area of the Subject Property consists of vacant lots, residential, commercial, and light manufacturing properties.

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7.0 Interviews
During the interviews, the owners and occupants were asked if they had any available documents that would be helpful. The documents that were requested are detailed in Section 3.1 of this report:

7.1 Subject Property Owner
Ms. Jeannette Ortega, was interviewed regarding her knowledge of past and present uses and/or problems at the Subject Property. The following concerns were addressed during a telephone interview conducted on February 1, 2023.

Ms. Ortega indicated that the Subject Property is city owned. The city would like to sell the vacant lots and redevelop the properties as affordable housing. Prior use of the Subject Property consists of residential developments. Ms. Ortega stated that prior historical uses of the property associated with 307 Baker Street was a tire shop.

With the exception of an Asbestos -Containing Materials Survey Report dated October 8, 2009, prepared for the Subject Property, Ms. Ortega is not aware of any environmental issues.

7.2 Tenant/Occupant
The Subject Property is vacant.

7.3 State or Local Government Officials
Other than the information provided in Section 5.4, no other information was provided by a government official.

7.4 Owners and Occupants of Neighboring Sites
No interviews of owners or occupants of neighboring sites were conducted.

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8.0 Findings & Opinions
A cursory summary of findings and opinions is provided below. However, details were not included or fully developed in this section, and the report must be read in its entirety for a comprehensive understanding of the items contained herein.

The Subject Property is owned by the City of Placentia and consists of three (3) vacant parcels:
• 307 Baker Street: APN 339-392-14.
• 312 Baker Street: APN 339-391-15.
• 314 Baker Street: APN 339-391-14.

The parcels are located at the east terminus of Baker Street and are located on the north and south sides of the street.

During Converse's reconnaissance, Converse made the following observations at the Subject Property:
• Portions of the ground surface were covered with extensive vegetation (weeds and grasses) and could not be observed throughout the southwest portion of the lot located at 314 Baker Street.
• Portions of the ground surface were covered with extensive vegetation (weeds and grasses) and could not be observed throughout the western boundary lines of 307 Baker Street.
• Converse observed a mound of gravel located on the southwest corner of the lot (314 Baker Street). Gravel was observed to match the gravel located along the railroad tracks.
• A concrete foundation and a portion of a masonry wall were observed on the northern portion of the Subject Property (307 Baker Street).

Historically, as early as 1896, the Subject Property is indicated as undeveloped land. By 1917, the Subject Property was occupied by residential dwellings. Baker Street was present in 1917. By 1933, the Subject Property appears to be occupied by residential - type structures.

By 1972, the northern portion of the lot appears to be a vacant lot while the southern portion remained residential. In 1990 to at least 2010, it appeared a commercial structure appeared to occupy the northern lot. City directory information indicated that the northern portion of the Subject Property had a historical address of 333 Melrose Street (current address of 307 Baker Street). Occupants of 333 Melrose were identified Converse Project No. 23-42-108-01 (Task 1) 29
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as an electrical contractor and a tool supply company from 1991 to 2003. Building permits indicated the 307 Baker Street structure was demolished in 2011.

The southern portion of the lot was occupied by multiple residential dwellings until at least 2005. In 2005, it appeared the southern portion of Subject Property was a vacant lot. Building permits indicated that the 314 Baker structure was demolished in 2009.

The Subject Property was identified on the HAZNET database in the regulatory database report. Converse assumed this listing was due to the asbestos waste that was generated during demolition activities.

The Subject Property is located within the boundaries of a NPL site, Orange County North Basin. This basin is identified on the NPL due to regional groundwater contamination that has impacted the cities of Anaheim, Fullerton, and Placentia. The North Basin groundwater is contaminated with VOCs , which include TCE, PCE, 1,1- DCE, perchlorate, and 1,4 -dioxane. Investigation and remedial efforts are ongoing. A list of Potentially Responsible Parties (PRPs) has not been finalized by the EPA.

Groundwater beneath the Subject Property is likely contaminated by the NPL site. The regional groundwater contamination is an environmental concern; however, no further assessment is necessary regarding this matter due to the regulatory involvement and ongoing remedial efforts.

The adjoining properties were identified in various regulatory databases: HAZ GEN, HAZNET, DELSITED TNK, LUST, and LOP ORANGE database. There appears to be low potential for environmental concern from these adjacent sites due to one or mor of the following: type or regulatory listing, non-contiguous locations, regulatory agency case status, and/or responsible parties identified.

Based on the findings of this assessment, the following were not identified during this assessment:

Recognized Environmental Conditions (RECs): No RECS pertaining to the Subject Property were identified during this assessment.

Controlled Recognized Environmental Conditions (CRECs): No CRECS pertaining to the Subject Property were identified during this assessment.

Historical Recognized Environmental Conditions (HRECs): No HRECS pertaining to the Subject Property were identified during this assessment.

Significant Data Gaps: Pending building permits and regulatory agency responses for the historical Subject Property address of 333 Melrose Street is not a significant data gap affecting the ability of the Environmental Professional to identify RECs encountered during this assessment.

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Per the ASTM Section 12.8, Additional Investigation, to detect the presence of hazardous materials and petroleum products, [it is our opinion that no additional investigation is warranted to detect hazardous materials or petroleum products with the context of this Phase I ESA.

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9.0 Conclusions & Recommendations
Converse has performed a Phase I Environmental Site Assessment in general conformance with the scope and limitations of ASTM Practice E1527-21 for 307, 312, and 314 Baker Street, in the City of Placentia, in Orange County, California. Any exceptions to or deletions from this practice are described in the Limitations and Exceptions of Assessment section of this report. This assessment has revealed no evidence of recognized environmental conditions, controlled recognized environmental conditions, or significant data gaps in connection with the Subject Property.

No further assessment appears warranted at this time.

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10.0 Deviations & Limitations
The following deviations and/or limitations from the ASTM Standard were encountered during this assessment:
• Portions of the ground surface of 307 and 314 Baker Street were covered with extensive naturally occurring vegetation (weeds and grasses) growth. Therefore, the ground surface could not be observed.
• A request for building permits was submitted to the City of Placentia, Building Department for the historical address 333 South Melrose Avenue and 333 South Melrose Street. However, responses were not received during the timeframe of this assessment.
• Information requests were submitted to the Orange County Health Care regarding the historical Subject Property 333 South Melrose Street and 333 South Melrose Avenue. A response was not received during the time frame of this assessment.

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11.0 Additional Non -Scope Services
There are environmental issues outside the scope of the ASTM E1527-21 that can be assessed in connection with a commercial real estate transaction. These are dealt with as non -scope considerations since they do not typically present a Superfund Liability.

The specific level of inquiry (if any) is defined in the Proposal which contains a Scope of Work. These non -scope services are very client specific and not covered by the ASTM standard. They are frequently related to the business environmental risk which is defined in the standard as "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..."
No non -scope services were included in this assessment.

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12.0 Signature of Environmental Professional
declare that, to the best of my professional knowledge and belief, I meet the definition of Environmental Professional as defined in §312.10 of 40 CFR 312.

I have the specific qualifications based on education, training and experience to assess a property of the nature, history, and setting of the subject property. I have developed and performed the all appropriate inquiries in conformance with the standard and practices set forth in 40 CFR Part 312.

L ra Tanaka
Principal Environmental Scientist
This Phase I ESA was completed [by or under the supervision] of the above Environmental Professional. A complete list of preparers, and their responsibilities for this assessment, is provided in the following section (Section 13.0, List of Preparers).

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13.0 List of Preparers
Laura Tanaka
Principal Environmental Scientist
B.S., Biology, California State Polytechnic University, Pomona, 1987 Cal/OSHA Asbestos Consultant, 11-4708
CDPH Certified Lead Inspector/Assessor, #I-3086
CDPH Certified Project Designer, #D-3086
CDPH Certified Project Monitor, #M-3086
Ms. Tanaka is currently responsible for the day-to-day operations of the Costa Mesa office. Ms. Tanaka has 32 years experience with Phase I and II ESAs, Preliminary Endangerment Assessments, asbestos surveys, lead-based paint surveys, abatement monitoring, as well as hazardous material audits, completing business plans, and SCAQMD permitting. Current duties at Converse include project management, business development and client maintenance, conducting/managing ESAs, and completing third party documents reviews.

Principal area of responsibility for this ESA report: Project Management, Client Point of Contact, Historical Research, Regulatory Agency Interaction, Property Reconnaissance, Interviews, and Report Review.

Almendra Corona
Staff Environmental Scientist
B.S., Environmental Studies, University of California Santa Barbara, 2019 Minor in Education Studies, University of California Santa Barbara, 2019 Ms. Corona has professional experience which includes conducting Transaction Screen Process Reports and Phase I Environmental Site Assessments for various sites located within Southern California. She has assessed residential, commercial and light industrial sites. Her project management and coordination duties include project set-up within writing platforms and obtaining regulatory agency records for sites located within Los Angeles, Orange, Riverside, San Bernardino and San Diego counties. Her experience also includes conducting site reconnaissance and the generation of assessment reports in accordance with the ASTM standards.

Principal area of responsibility for this ESA report: Project Management, Client Point of Contact, Historical Research, Regulatory Agency Interaction, Subject Property Reconnaissance, Interviews, and Report Generation.

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14.0 References
California Department of Conservation, Division of Mines and Geology, Geologic Map of California, 2015.

California Environmental Protection Agency (Cal/EPA), Department of Toxic Substances Control, Cypress Office, Request for Information, January 2023.

Cal/EPA, Envirostor Website ( http://www.envirostor.dtsc.ca.aov/public/ , January 2023.

Cal/EPA, Los Angeles Regional Water Quality Control Board, Request for Information, January 2023.

Cal/EPA, Geotracker Website( http://aeotracker.waterboards.ca.aov/) , January 2023.

Orange County, Department of Environmental Health, Request for Information, January 2023.

Orange County, Fire Authority, Request for Information, January 2023.

Placentia, City of, Building and Safety Department, Building Permit Review, January 2023.

Placentia, City of, Fire Department, Risk Management Plan, Request for Information, January 2023.

South Coast Air Quality Management District, Request for Information, January 2023.

United States Geological Survey, 7.5 -Minute Topographic Quadrangle, Yorba Linda, LA Habra, Orange, Anaheim, 2018.

United States Department of Transportation, Pipeline and Hazardous Material Safety Administration (PHMSA), Pipeline Location Website
( https://www.nems.ahmsa.dot.aov/default.htm) , January 2023.

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CONVERSE CONSULTANTS
Phase I Environmental Site
Assessment Report
323 Baker Street
Placentia, California
Converse Project No. 23-42-108-01
(Task 2)
February 6, 2023
Prepared For:

City of Placentia
401 East Chapman Avenue
Placentia, California 92870
Prepared By:

Converse Consultants
3716 Pullman Street
Suite 108
Costa Mesa, California 92626

Converse Consultants
Geotechnical Engineering, Environmental and Groundwater Engineering, Environmental Groundwater Science, Inspection and Testing Services February 6, 2023
Ms. Jeannette Ortega
City of Placentia
401 East Chapman Avenue
Placentia, California 92870
Subject: PHASE I ENVIRONMENTAL SITE ASSESSMENT REPORT
323 Baker Street
Placentia, California
Converse Project No. 23-42-108-01 (Task 2)
Mrs. Ortega:

Converse Consultants (Converse) is pleased to submit the attached report that summarizes the activities and the results of a Phase 1 Environmental Site Assessment (Phase I ESA) that was conducted at the referenced property (Subject Property).

A summary of the assessment is presented in the Executive Summary, as well as in Sections 8.0 and 9.0 of the report.

We appreciate the opportunity to be of service. Should you have any questions or comments regarding this report, please contact Laura Tanaka at (626) 930-1261 or Norman S. Eke at (626) 930-1260.

CONVERSE CONSULTANTS
Almendra Corona
Staff Environmental Scientist
Dist.: 1/Addressee via Electronic Mail (PDF Format)
Lau'raanaKa
Principal Environ
Com ----
ental Scientist
MAILING ADDRESS: 717 South Myrtle Avenue, Monrovia, CA 91016 3176 Pullman Street, Suite 108, Costa Mesa CA 92626
Telephone: (714) 444-9660 ♦ Facsimile: (714) 444-9640 ♦ www.converseconsultants.com

Table of Contents
Page

EXECUTIVE SUMMARY IV

1.0 INTRODUCTION 1

1.1 Purpose and Scope of Services 1

1.2 Non -Scope Considerations 2

1.3 Significant Assumptions 2

1.4 Limitations and Exceptions 3

1.5 Special Terms and Conditions 3

1.6 Reliance 3

1.7 Continued Viability 4

2.0 SUBJECT PROPERTY DESCRIPTION 5

2.1 Current Use(s) of the Subject Property 5

2.2 Location and Legal Description 5

2.3 Zoning Information 5

2.4 Subject Property Characteristics 5

2.5 Description of Subject Property Structure(s) 6

3.0 USER PROVIDED INFORMATION & RESPONSIBILITIES 7

3.1 Requested Documents and Information 7

3.2 User Provided Information 8

3.2.1 Environmental Cleanup Liens 9

3.2.2 Activity and Use Limitations 9

3.2.3 Specialized Knowledge or Experience 9

3.2.4 Reason for Significantly Lower Purchase Price 9

3.2.5 Commonly Known or Reasonably Ascertainable Information 9

3.2.6 Obviousness of Contamination 9

3.3 Continuing Obligations 10

4.0 OWNER PROVIDED INFORMATION 11

5.0 RECORDS REVIEW 12
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5.1 Physical Setting 12

5.1.1 Physical Setting 12

5.1.2 Geology 12

5.1.3 Groundwater 12

5.1.4 Potable Water Supplier 12

5.2 Historical Review 12

5.2.1 Aerial Photograph and Map Review 12

5.2.2 Building Permit Review 15

5.2.3 City Directories 16

5.2.4 Data Failure 17

5.2.5 Summary of Historical Property Use 17

5.2.6 Summary of Past Uses of Adjoining Properties 17

5.2.7 Summary of Past Uses of the Surrounding Area 17

5.3 Results of Environmental Records Sources Review 18

5.3.1 Subject Property Listings 18

5.3.2 Adjoining Properties 18

5.3.3 Other Off-site Locations of Concern 19

5.3.4 Orphan Listings 19

5.4 Additional Environmental Record Sources 19

6.0 SUBJECT PROPERTY RECONNAISSANCE 21

6.1 Methodology 21

6.2 Limiting Conditions 21

6.3 Interior Observations of Subject Property 21

6.4 Exterior Observations of Subject Property 21

6.5 Current Uses of Adjoining Properties 23

6.6 Current Uses of Surrounding Area 23

7.0 INTERVIEWS 24

7.1 Subject Property Owner 24

7.2 Tenant/Occupant 24

7.3 State or Local Government Officials 24

7.4 Owners and Occupants of Neighboring Sites 24

8.0 FINDINGS & OPINIONS 25
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9.0 CONCLUSIONS & RECOMMENDATIONS 27

10.0 DEVIATIONS & LIMITATIONS 28

11.0 ADDITIONAL NON -SCOPE SERVICES 29

12.0 SIGNATURE OF ENVIRONMENTAL PROFESSIONAL 30

13.0 LIST OF PREPARERS 31

14.0 REFERENCES 32

15.0 LIST OF ACRONYMS 33

APPENDICES
Appendix A — Application for Authorization to Use
Appendix B — Property Plans
Appendix C — Pertinent Property Photographs
Appendix D — Historical Research
Appendix E — Radius Map Report
TABLES
Table 1 — Viability Dates
Table 2 — Aerial Photograph and Map Review
Table 3 — City Directory Summary
Table 4 — Additional Environmental Record Sources
Table 5 — Exterior Observations of Property
Table 6 — Adjoining Property Use
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Executive Summary
The following is an Executive Summary of the Phase I Environmental Site Assessment (Phase I ESA) that was conducted by Converse Consultants (Converse). Please refer to the appropriate sections of the report for a complete discussion of these issues. In the event of a conflict between this Executive Summary and the report, or an omission in the Executive Summary, the report shall prevail.

This report presents the results of the Converse Phase I ESA performed at 323 Baker Street in the City of Placentia, Orange County, California, referred to as the Subject Property in this report. Converse was retained by the City of Placentia to conduct this Phase I ESA. Our study has been conducted in order to identify, to the extent practical within the scope of an ESA, Recognized Environmental Conditions (RECs) in connection with the Subject Property.

Converse has compiled and reviewed information that was obtained from interviews, document research, and on-site and area reconnaissance to identify potential environmental conditions at the Subject Property, in conformance with the ASTM Standard E: 1527-21 Environmental Site Assessment Standard Practice (ASTM Standard: E1527-21). This Phase I ESA was conducted during the period of January 20, 2023 to February 6, 2023.

The Subject Property is a rectangular -shaped parcel containing approximately 6,630 square feet. The Subject Property is currently a vacant lot covered with extensive naturally occurring vegetation (weeds and grasses) approximately one -foot in height.

The boundaries of the lot are marked by metal chains, wood fencing or chain-link fencing.

The Subject Property and adjoining properties were not identified on the databases in the regulatory database report.

The Subject Property is located within the boundaries of a National Priority List (NPL) site, Orange County North Basin. This basin is identified on the NPL due to regional groundwater contamination that has impacted the cities of Anaheim, Fullerton, and Placentia. The North Basin groundwater is contaminated with VOCs , which include TCE, PCE, 1,1-DCE, perchlorate, and 1,4 -dioxane. Investigation and remedial efforts are ongoing. A list of Potentially Responsible Parties (PRPs) has not been finalized by the EPA. Groundwater beneath the Subject Property is likely contaminated by the NPL site. The regional groundwater contamination is an environmental concern; however, no further assessment is necessary regarding this matter due to the regulatory involvement and ongoing remedial efforts.

Based on the finding of this assessment, the following were not identified during this assessment:

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iv

Recognized Environmental Conditions (RECs): No RECS pertaining to the Subject Property were identified during this assessment.

Controlled Recognized Environmental Conditions (CRECs): No CRECS pertaining to the Subject Property were identified during this assessment.

Historical Recognized Environmental Conditions (HRECs): No HRECS pertaining to the Subject Property were identified during this assessment.

Significant Data Gaps: No significant data gasp affecting the ability of the Environmental Professional to identify a REC were encountered during this assessment.

Business Environmental Risks (BERs) or non -scope items are discussed in Section

11.0 of the report.

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1.0 Introduction

1.1 Purpose and Scope of Services
This report presents the results of the Converse Consultants (Converse) Phase I Environmental Site Assessment (ESA) performed at 323 Baker Street in the City of Placentia, Orange County, California, referred to as the Subject Property in this report. Converse was retained by the City of Placentia to conduct this Phase ESA. Our study has been conducted in order to identify, to the extent practical, Recognized Environmental Conditions (RECs) in connection with the Subject Property. The term Recognized Environmental Conditions is defined in Section

1.1.1 of the American Society of Testing and Materials (ASTM) Standard Practice as (1) the presence of hazardous substances or petroleum products in, on, or at the subject property due to a release to the environment; (2) the likely presence of hazardous substances or petroleum products in, on, or at the subject property due to a release or likely release to the environment; or (3) the presence of hazardous substances or petroleum products in, on, or at the subject property under conditions that pose a material threat of a future release to the environment.

This Phase I ESA was completed in accordance with our proposal dated January 20, 2023. Our work consisted of the following and was completed in general conformance with the scope and limitations of the ASTM Practice E1527-21 and complies with standards and practices set forth in 40 Code of Federal Regulations (CFR) Part 312 for AAI.
• Interviews with the Subject Property owner representatives • Subject Property and vicinity reconnaissance
• Review of regulatory agency records
• Description of physical setting
• Historical review
• Interviews with public agency personnel
• Preparation of this report
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1.2 Non -Scope Considerations
There are a number of non -scope issues which are sometimes assessed concurrently with a Phase I ESA. Unless specifically agreed in the contract proposal documents, these non -scope considerations are not included as part of the Phase I assessment. Examples of non -scope issues include:
• Asbestos -containing Building Materials unrelated to release into the environment
• Biological Agents
• Cultural & Historic Resources
• Diffuse Anthropogenic Pollution
• Ecological Resources
• Emerging Chemicals/Contaminates
• Endangered Species
• Health & Safety
• Indoor Air Quality unrelated to release of hazardous substances or petroleum products in the environment
• Industrial Hygiene
• Lead-based paint unrelated to releases in the environment • Lead in Drinking Water
• Mold or microbial growth conditions
• PCB -containing containing building materials (for example, interior fluorescent light ballasts, paint, and caulk)
• Polyfluoroalkyl Substances
• Naturally -occurring Radon
• Regulatory Compliance
• Substances not defined as hazardous substances unless or until such substances are classified as CERCLA hazardous substance • Wetlands
No Non -scope issues were addressed in this report.

1.3 Significant Assumptions
No assumptions were made for this assessment that need to be noted as significant.

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1.4 Limitations and Exceptions
The following limitations and exceptions were encountered during the course of this assessment:
• The ground surface was covered with extensive vegetation (weeds and grasses) to approximately one -foot in height. Therefore, the ground surface could not be observed.

1.5 Special Terms and Conditions
No special terms or conditions noted.

1.6 Reliance
This report is for the sole benefit and exclusive use of the City of Placentia in accordance with the terms and conditions attached to our proposal under which these services have been provided. Its preparation has been in accordance with generally accepted environmental practices. No other warranty, either express or implied, is made. The Scope of Services associated with the report was designed solely in accordance with the objectives, schedule, budget, and risk - management preferences of the City of Placentia.

This report should not be regarded as a guarantee that no further contamination, beyond that which could be detected within the scope of this assessment, is present at the Subject Property. Converse makes no warranties or guarantees as to the accuracy or completeness of information provided or compiled by others. It is possible that information exists beyond the scope of this assessment. It is not possible to absolutely confirm that no hazardous materials and/or substances exist at the Subject Property. If none are identified as part of a limited scope of work, such a conclusion should not be construed as a guaranteed absence of such materials, but merely the results of the evaluation of the Subject Property at the time of the assessment. Also, events may occur after the Subject Property visit, which may result in contamination of the Subject Property. Additional information, which was not found or available to Converse at the time of report preparation, may result in a modification of the conclusions and recommendations presented.

Any reliance on this report by Third Parties shall be at the Third Party's sole risk.

Should the City of Placentia wish to identify any additional relying parties not previously identified, a completed Application of Authorization to Use (see Appendix A of this report) must be submitted to Converse Consultants.

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1.7 Continued Viability
This report has continued viability of 180 days from the following:

Table 1 — Viability Dates
Action Date
Interviews February 1, 2023
Review of Government Records January 26, 2023
Visual Inspection January 26, 2023
Declaration by Environmental Professional (EP) February 6, 2023 Lien Search Not applicable
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2.0 Subject Property Description

2.1 Current Use(s) of the Subject Property
The Subject Property is owned by the City of Placentia and is currently a vacant lot.

A Subject Property location map and a field generated Subject Property plan are provided in Appendix B. Pertinent Subject Property photographs are provided in Appendix C.

2.2 Location and Legal Description
The Subject Property is located at 323 Baker Street, in the City of Placentia, Orange County, California. The Subject Property fronts onto Aguirre Lane to the north and Baker Street to the south. The Subject Property is located approximately 0.27 -miles east of the State Route 57 (Orange Freeway) and 0.10 - miles north of the West Crowther Avenue.

The Orange County Assessor's Parcel Number for the Subject Property is 339- 392-19. The legal description of the Subject Property is described as the following:

Lot 18 Block B of Bradford's Subdivision of Block H and I as per map recorded in book 8, page 65 of miscellaneous maps, in the office of the County Recorder of said County.

2.3 Zoning Information
According to the City of Placentia, Planning Department, the zoning for the Subject Property is OT, which is defined as Old Town.

2.4 Subject Property Characteristics
The Subject Property is a rectangular -shaped parcel consisting of approximately 6,630 square feet.

The Subject Property is currently a vacant lot and is generally level. The Subject Property is covered with extensive vegetation (weeds and grasses) that is approximately 1 -foot in height. A metal chain runs across the northern and Converse Project No. 23-42-108-01 (Task 2) 5
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southern property lines. The western property line is marked by a wood fence.

The eastern property line is separated by a chain linked fence.

Converse observed scattered trash on the Subject Property, which consisted of an exercising bench, a mattress, and a box spring.

The general area consists of a mix of residential, commercial, and light - manufacturing properties.

2.5 Description of Subject Property Structure(s)
The Subject Property is a vacant lot. No evidence of prior structures was observed on-site; however, due to the extensive vegetation the ground surface was not visible. Metal chain, wood fencing and chain-link fencing mark the lot boundary lines.

Utility services were not present at the Subject Property. However, services in the general vicinity are provided by the following companies. • Electricity: Southern California Edison
• Gas: Southern California Gas
• Potable Water: Golden State Water Company
• Sanitary Sewer: City of Placentia
• Heating, Ventilation, Air Conditioning (HVAC): Not Applicable • Solid Waste: Republic Services
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3.0 User Provided Information & Responsibilities

3.1 Requested Documents and Information
The ASTM E1527-21 specifies that the User provide any helpful documents that may be available. Converse requested that the User City of Placentia provide the following documents and information.
• Environmental site assessment or environmental compliance audit reports • Environmental permits or hazardous waste generator notices/reports • Registrations for aboveground and underground storage tanks • Septic systems, oil wells, or water wells
• Registrations for underground injection systems
• Safety Data Sheets; Community Right to Know Plans; or Safety, Preparedness and prevention Plans; Spill Protection Countermeasures and Control Plans • Reports regarding hydrologic conditions on the Subject Property or surrounding area
• Notices or other correspondence form any government agency relating to past or current violations of environmental laws with respect to the Subject Property or relating to environmental liens encumbering the Subject Property. • Hazardous waste generator notices or reports
• Geotechnical studies
• Risk assessments
• Recorded Activity Use Limitations (AULs)
• Proceedings regarding hazardous substances and petroleum products including any pending, threatened or past: litigation; administrative proceedings; or notices from any governmental entity regarding possible violations of environmental laws or other possible liability related to hazardous substances or petroleum products.

The City of Placentia provided the following information. • Asbestos -Containing Materials Survey, October 8, 2009, Prepared by Advanced GeoEnvironmental, Inc.

The report was prepared for 307-311, 314 and 323 Baker Street, Placentia, California. The asbestos survey was conducted on the three properties prior to the demolition of the structures. The structures that were surveyed at the Subject Property consisted of a vacant residential structure and a former garage that was converted into a studio.

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Suspect materials sampled at the Subject Property included exterior stucco, floor tiles, drywall and floor sheeting. Trace amounts of asbestos was detected in the exterior stucco collected from the studio building. • Redevelopment Agency of the City of Placentia - Request for Bids for Three Projects
A copy of the bid request was provided that identified the project as three projects which included 307/311 Baker Street (formerly 333 S. Melrose Avenue), Placentia, CA 92870 (APN: 339-391-14, and -15).

The property is a former commercial building used for various purposes to include automotive parts sales and distribution and the building contains a second -floor office space. The building was purchased as part of the Melrose Avenue grade separation project and the area is now to be used for affordable housing.

Th bid request indicated that asbestos abatement was to be included in the proposers bid. A hazardous materials survey that was completed in October 2009 was provided to the prospective bidders.
• Grant Deed — 323 Baker Street
The document was prepared by the Orange Coast Title Company for the Subject Property. The document provided legal information regarding the Subject Property.

3.2 User Provided Information
Section 6 of ASTM E1527-21 outlines specific User's responsibilities. This information will help identify the possibility of RECs in connection with the Subject Property. The ASTM Standard provides a questionnaire to help the User to comply with the statutory requirements to perform tasks which would help identify RECs. Converse included the questionnaire as Attachment A to our proposal. In general, any Users should make Converse aware of information they have regarding the following:
• Environmental Cleanup Liens filed or recorded against the Subject Property • Activity and land use limitations that are in place on the Subject Property or have been filed or recorded in a registry.
• Specialized knowledge or experience of the person seeking to qualify for the Legal Liability Protections (LLP)
• Relationship of the purchase price to fair market value of the Subject Property if it were not contaminated
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• Commonly known or reasonably ascertainable information about the Subject Property
• The degree or obviousness of the presence or likely presence of contamination at the Subject Property, and the ability to detect this contamination by appropriate investigation.

The following information was requested from the User(s), City of Placentia.

3.2.1 Environmental Cleanup Liens
The User provided no information regarding environmental cleanup liens or title records.

3.2.2 Activity and Use Limitations
The User did not provide any information indicating they were aware of any AULs.

3.2.3 Specialized Knowledge or Experience
The User did not provide any information indicating they had specialized knowledge or experience related to the Subject Property or nearby Subject Property.

3.2.4 Reason for Significantly Lower Purchase Price
Converse has no information regarding the purchase price of the Subject Property or comparable properties. The User has not indicated to Converse that there is any conclusion that there was a lower purchase price because of known or suspected contamination at the Subject Property.

3.2.5 Commonly Known or Reasonably Ascertainable Information The User did not provide any information about: past uses; specific chemicals at the Subject Property; past spills; environmental cleanup or other reasonably ascertainable information regarding the Subject Property.

3.2.6 Obviousness of Contamination
The User did not provide any information based on their knowledge or experience that would be obvious indicators of contamination on the Subject Property.

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Unless specifically stated otherwise in the Scope of Services, the purpose of this Phase I ESA was to qualify for the landowner liability protections to CERCLA Liability as described in ASTM E1527-21.

Business risk unrelated to the CERCLA innocent landowners defense are only assessed as specifically agreed in the Scope of Services and discussed in Section 11.0, Additional Non -Scope Services, of this report.

3.3 Continuing Obligations
In order to assert a LLP, the User must satisfy a number of statutory requirements that are generally referred to as Continuing Obligations, which are outside the Scope of Services of the Phase I ESA. Examples of Continuing Obligations include providing legally required notices, stopping continuing releases and complying with land use restrictions. Failure to comply with these and other statutory post -acquisition requirements will jeopardize liability protection.

It is the responsibility of the User to comply with the Continuing Obligations requirements of ASTM E1527-21 and AAI. Anyone seeking LLP protections should take independent action beyond this Phase I ESA to perfect their position.

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4.0 Owner Provided Information
The ASTM E1527-21 specifies that the Subject Property owner and the Key Site Manager provide any helpful documents that may be available as listed below. • Environmental site assessment or environmental compliance audit reports • Environmental permits or hazardous waste generator notices/reports • Registrations for aboveground and underground storage tanks • Septic systems, oil wells, or water wells
• Registrations for underground injection systems
• Safety Data Sheets; Community Right to Know Plans; or Safety, Preparedness and Prevention Plans; Spill Protection Countermeasures and Control Plans • Reports regarding hydrologic conditions on the Subject Property or surrounding area • Notices or other correspondence form any government agency relating to past or current violations of environmental laws with respect to the Subject Property or relating to environmental liens encumbering the Subject Property. • Hazardous waste generator notices or reports
• Geotechnical studies
• Risk assessments
• Recorded AULs
• Proceedings regarding hazardous substances and petroleum products including any pending, threatened or past: litigation; administrative proceedings; or notices from any governmental entity regarding possible violations of environmental laws or other possible liability related to hazardous substances or petroleum products.

The City of Placentia provided various documents that were summarized in Section 3.1.

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5.0 Records Review

5.1 Physical Setting

5.1.1 Physical Setting
The Subject Property is located approximately 228.27 feet above mean sea level with surface topography sloping towards the south-southwest (United States Geological Survey [USGS] Topographic Map, Yorba Linda, La Habra, Orange, California, 2018).

5.1.2 Geology
The Subject Property is underlain by unconsolidated and semi -consolidated alluvium, lake, playa, and terrace deposits (Division of Mines and Geology, Geologic Map of California, 2015).

5.1.3 Groundwater
Information regarding regional groundwater was researched on the Regional Water Quality Control Board (RWQCB) Geotracker website.

According to the website, the closest site to the Subject Property with recent groundwater information is located approximately 0.27 -miles east of the Subject Property (220 Santa Fe Avenue). According to a July 2006 Case Closure Summary for the site, groundwater is located at approximately 86 -feet to 91 -feet below ground surface and the groundwater flow is indicated as unknown.

5.1.4 Potable Water Supplier
Potable water is supplied by Golden State Water Company.

5.2 Historical Review

5.2.1 Aerial Photograph and Map Review
Available historical aerial photographs, Sanborn maps and USGS topographic maps, as described in Table 2, were reviewed.

Copies of the aerial photographs, Sanborn maps, and topographic maps have been provided in Appendix D.

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Table 2 - Aerial Photograph and Map Review
Date/Reference
1896 Topo Map
1898 Topo Map
1901 Topo Map
1917 Sanborn
1922 Sanborn
1927 Aerial
1931 Aerial
1932 Topo Map
Property
The Subject
Property is indicated
as undeveloped
land.

The Subject
Property is indicated
with a residential
dwelling located on
the southern end of
the lot. There
appears to be a
shed -like structure
located on the
northwest corner of
the lot.

The Subject
Property fronts onto
Baker Street to the
south.

According to the
1922 Sanborn, the
Subject Property is
indicated with three
(3) structures. The
structure located on
the southwest corner
of the lot is indicated
as a grocery store.

The remaining
structures appear to
be a residential
dwelling and
possible
garage/shed.

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Adjoining
Properties
The adjoining
properties are
indicated as
undeveloped land.

The adjoining
properties to the
west and east are
indicated as
residential dwellings.

The north adjoining
property is indicated
as a vacant lot.

The south
property
indicated
map.
adjoining
is not
on the
The adjoining
properties are
indicated as
residential dwellings.

General Vicinity
The general vicinity
is indicated as
undeveloped land.

There appears to be
scattered residential
structures.

The general vicinity
consists of
residential dwellings,
a church, and
commercial
properties.

Commercial
properties consist of
the following:

Placentia Canning
Co., Placentia
Orange Growers
Packing No., general
stores, Gibbs
Lumber Co. etc.

There appears to be
a water pump
located in the
eastern general
vicinity.

The western and
southern general
vicinity are not
mapped.

The general vicinity
consists of
residential dwellings,
a church, and
commercial
properties.

Commercial
properties consist of
the following: Drug
store, auto repair
shops, Placentia
Canning Co.,
Placentia Orange
13 Table 2 - Aerial Photograph and Map Review
Adjoining
Properties
Date/Reference
1933 Sanborn
1935 Topo Map
1938 Aerial
1942 Topo Map
1947 Topo Map
1949 Topo Map
Property
The Subject
Property is indicated
with four (4)
residential dwellings.

The Subject
Property appears to
be developed.

Structures are
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The adjoining
properties are
indicated as
residential dwellings.

The adjoining
properties appears
to be developed for
residential use.

General Vicinity
Growers Packing
No., general stores,
Gibbs Lumber Co.
etc.

There appears to be
a water pump
located in the
eastern general
vicinity.

The western and
southern general
vicinity are not
mapped.

Based on the 1927
aerial, the general
vicinity appears to be
occupied by
agricultural land.

The general vicinity
consists of churches,
schools, residential
dwellings, and
commercial
properties.

Commercial
properties consist of
the following: Auto
repair shops, social
halls, Placentia
Canning Co.,
Placentia Orange
Growers Packing
No.

A gas station is
indicated on the
northeast corner of
the intersection of
West Crowther
Avenue and South
Melrose Avenue.

The general vicinity
consists of
agricultural land,
residential dwellings,
14 Table 2 - Aerial Photograph and Map Review
Adjoining
Properties
Date/Reference
1950 Topo Map
1960 Aerial
1963 Aerial
1964 Topo Map
1972 Aerial
1972 Topo map
1974 Topo Map
1980 Aerial
1981 Topo Map
1990 Aerial
1995 Aerial
2005 Aerial
2009 Aerial
2010 Aerial
2012 Aerial
2014 Aerial
2015 Topo
2016 Aerial
2016 Topo
2018 Topo
2018 Aerial
2020 Aerial
Property
evident on the lot.

No change from the
1963 Aerial.

The Subject
Property appears to
be a vacant lot.

The lot appears to
be used as a
parking lot as early
as 2020.

5.2.2 Building Permit Review
Available building permits were
Department of Building & Safety.
below.

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No change from the
1963 Aerial.

The adjoining
properties appear to
be residential and
commercial
properties.

Vacant lots to the
east-southeast (307,
314, and 312 Baker
Street).

General Vicinity
and commercial
properties.

Based on the 1964
topo map, the
general vicinity
appears to house
wastewater disposal
sites, oil wells,
sandpits, and
reservoirs.

The general vicinity
consists residential,
commercial, and
light manufacturing
properties.

By 1990, agricultural
land was no longer
visible in the general
vicinity.

The general vicinity
consists of
residential and
commercial
properties.

The southern
general vicinity
appears to house
light -manufacturing
properties.

There appears to be
areas occupied by
parks and vacant
lots.

Orange Freeway
(SR -57) to the east.
reviewed at the City of Placentia,
A chronological summary is provided
15 December 8, 2009:

A building permit was issued for the e demolition of a structure and associated infrastructure. The owner is indicated as the City of Placentia.

Additional documents provided included a contractor's license board and a South Coast Air Quality Management District (SCAQMD) notice of Asbestos Removal.

5.2.3 City Directories
A city directory search was completed on the Subject Property by ERIS.

The complete city directory is provided in Appendix E, ERIS-City Directory.

The Subject Property was identified under the following listings in the directories published during the years indicated:

Table 3 — City Directory Summary
1 Property Address
Listing Year
1996
323 Baker Street Residential 2000
2003
2008
Adjacent Property Address Listing Year
1955
1958
1964
1970
1975
1981
1986
319, 320-326 Baker Street Residential 1991
1996
2000
2003
2008
2011
2016
2020
2022
320 South Walnut Avenue is not listed in the City Directories. 350 West Santa Fe Avenue is not listed in the City Directories.

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5.2.4 Data Failure
Historical information regarding the Subject Property was dated as early as 1896 with undeveloped use; therefore, there is no historical data failure for this assessment.

5.2.5 Summary of Historical Property Use
As early as 1896 to at least 1901, the Subject Property is indicated as undeveloped land.

By 1917, the Subject Property is indicated with a residential property with two (2) structures, and by 1933 there appeared to be four (4) residential structures located on-site. By 2010 the Subject Property appeared to be a vacant lot. The Subject Property appeared to be used as a parking lot in 2020. Currently, the Subject Property is a vacant lot overgrown with naturally occurring weeds and grasses.

5.2.6 Summary of Past Uses of Adjoining Properties
As early as 1896 to at least 1901, the adjoining properties were indicated as undeveloped land. By 1917 the adjoining properties were indicated as residential dwellings and vacant lots.

As early as 1938, the adjoining properties appears to be developed for residential use and commercial development (Mission of Faith).

5.2.7 Summary of Past Uses of the Surrounding Area
As early as 1896 to at least 1901, the general vicinity is indicated as undeveloped land. By 1917, the general vicinity consisted of residential dwellings, a church, and commercial properties.

As early as 1938, the general vicinity consisted of agricultural land, residential dwellings, and commercial properties. By 1964, the general vicinity appeared to house wastewater disposal sites, oil wells, sandpits, and reservoirs.

By 1990, agricultural land was no longer visible in the general vicinity and by 1972, the general vicinity consisted of residential, commercial, and light manufacturing properties.

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5.3 Results of Environmental Records Sources Review
An Environmental Risk Information Services (ERIS) report of Standard Environmental Record Sources (Records) was prepared specifically for the Subject Property. The search included queries to the following databases for cases within specified ASTM search distances.

A copy of the ERIS Radius Map Report is provided in Appendix E.

5.3.1 Subject Property Listings
The Subject Property, 323 Baker Street, was not identified in the regulatory databases in the ERIS report.

The Subject Property is located with the boundaries of a National Priority List (NPL) site that has impacted regional groundwater. • Orange County North Basin, 1012 East Elm Avenue (Map Key ID No. 1). This site is identified as a regional groundwater contamination site. The site is located in mixed residential, commercial, and industrial areas of the cities of Anaheim, Fullerton, and Placentia and includes the Orange County Groundwater Basin, which supplies water to 22 cities serving 2.4 million residents.

The North Basin groundwater is contaminated with volatile organic compounds (VOCs) and other chemicals from industrial activities in the area. Contaminates include trichloroethylene (TCE), tetrachloroethylene (PCE), 1,1 dichloroethylene (1,1-DCE), perchlorate, and 1,4 -dioxane.

The state, through the California EPA Department of Toxic Substances Control (DTSC Cypress office) and the Regional Water Quality Control Board (Santa Ana RWQCB), is currently overseeing the investigation and remediation of several source facilities. The Orange County Water District is conducting an interim Remedial Investigation/Feasibility Study (RI/FS) under EPA oversight to characterize the plume in the most contaminated areas of the plume and to evaluate an interim cleanup remedy. The list of Potentially Responsible Parties (PRPs) has not been finalized by the EPA.

5.3.2 Adjoining Properties
The adjoining properties were not identified on the databases in the regulatory database report.

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5.3.3 Other Off-site Locations of Concern
Other off-site locations of concern identified by ERIS within a maximum one -mile radius from the Subject Property included NPL, CERCLIS

LIENS, RCRA CORRACTS, RCRA TSD, RCRA LQG, RCRA SQG, RCRA

NON GEN, RESPONSE, ENVIROSTOR, HWP, LUST, UST CLOSURE,

HHSS, UST SWEEPS, AST, DELISTED TNK, CERS TANK, DELSITED

CTANK, HIST TANK, DEED, CLEANUP SITES, DELISTED COUNTY,

ICP ORANGE, LOP ORANGE, NPUT ORANGE, UST ORANGE, AST

ORANGE, PFAS GW, SCH, HAZNET, HAZ GEN, HAZ TSD, CERS HAZ, DELISTED HAZ, EMISSIONS, and HW ORANGE.

The potential for environmental concern to the Subject Property from these off-site locations appears to be low due to one or more of the following: type of regulatory listing; type of resource (soil) affected, location with respect to the direction of regional groundwater, distance from the Subject Property; status of the case; remedial efforts being directed by a regulatory agency; and/or potential responsible parties have been identified.

5.3.4 Orphan Listings
The ERIS database report did not identify any orphan listings.

5.4 Additional Environmental Record Sources
Requests for information or review of online databases were completed for the following regulatory agencies.

Table 4 — Additional Environmental Record Sources
Federal Agency
U.S. Department of
Transportation, Pipeline
and Hazardous Material
Safety Administration
(PHMSA)
State Agencies
California Environmental
Protection Agency
(Cal/EPA), Department of
Toxic Substances Control
(DTSC)
The PHMSA online mapping system for gas transmission
pipelines or hazardous liquid pipelines was reviewed
( https://www.npms . phmsa.dot.aov/default.htm).

No pipelines are located on the Subject Property or adjacent properties.

No information regarding the Subject Property was on file with DTSC.

The Envirostor website ( http://www.envirostor.dtsc.ca . gov/public/) was reviewed for information, and the Subject Converse Project No. 23-42-108-01 (Task 2)
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Cal/EPA, Los Angeles
Regional Water Quality
Control Board (RWQCB)
California Department of
Conservation (DOC),
Geologic Energy
Management Division
(CaIGEM)
Local Agencies
South Coast Air Quality
Management District
(SCAQMD)
Orange County Health
Care Agency
City of Placentia Fire
Department
Methane
Environmental Record Sources
Property was not listed in the database.

The RWQCB had no records on file the Subject Property.

The Geotracker website ( http://aeotracker.waterboards . ca.gov/) was reviewed for information, and the Subject
Property was not listed in the database.

Converse reviewed the DOC CaIGEM Online Well Finder
( https://www.conservation.ca.gov/calgem/Pages/Wellfinder.a spx).

According to the website, no oil or gas wells are located on the Subject Property.

No information regarding the Subject Property was on file with SCAQMD.

No information regarding the Subject Property was on file with OCHCA.

There is no information regarding the Subject Property on file with the City of Placentia Fire Department.

According to the CalRecycle Solid Waste Information
System (SWIS) website, and DOGGR website, the Subject
Property is not located within 300 feet of an oil or gas well.

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6.0 Subject Property Reconnaissance

6.1 Methodology
On January 26, 2023, Converse visited the Subject Property to evaluate present use and to identify observable environmental conditions at the Subject Property.

Our methodology involved walking the perimeters, and center lines while noting observed evidence of present and potential environmental concerns.

A field -generated map is provided in Appendix B. Pertinent Subject Property photographs are provided in Appendix C.

6.2 Limiting Conditions
Converse's findings are based on the Subject Property conditions observed on Thursday, January 26, 2023. Limiting conditions include the following:
• Due to the extensive growth of naturally occurring weeds and grasses to an approximate height of one -foot, the ground surface was not observed.

6.3 Interior Observations of Subject Property
The Subject Property is currently a vacant lot. No buildings were present.

6.4 Exterior Observations of Subject Property
During our Subject Property visit, Converse made the following observations of the exterior of the property:

Table 5 — Exterior Observations of Subject Property
No
Item or Condition Evidence
Observed
Hazardous Substances & ❑
Petroleum Products:

Observed
Evidence
Storage Tanks & Related ❑
Equipment:

Odors:

El Z
Comments
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Table 5 — Exterior Observations of Subject Property
No
Item or Condition Evidence
Observed
Observed
Evidence
Standing Surface Water
or Other Pools of Liquid:

Drums & Other ❑
Containers of Hazardous
Substances, Petroleum
Products, or Other
Unidentified Contents:

Transformers or ❑
Equipment containing
Polychlorinated Biphenyls
(PCBs):

Comments
Pits, Ponds, or Lagoons: ❑
Stained Soil or ❑ ® The ground surface was covered with Pavement: extensive vegetation. Observation of
the ground surface was not possible.

Stressed Vegetation ❑
(other than from
insufficient water):

Evidence of Mounds, ❑
Depressions or Filled or
Graded Areas Suggesting
Trash or Other Solid
Waste Disposal:

Waste Water or any ❑
discharge (including
storm water) at the
Subject Property:

Wells (active, inactive, or ❑
abandoned):

Septic Systems or ❑
Cesspools:

Prior Structures: ❑
Roads, Tracks, Railroad ® ❑ The Subject Property fronts onto Baker Tracks or Spurs: Street to the south and Aguirre Lane to the north.

Suspect Asbestos- ❑ IZI
containing Building
Materials released into
the environment:

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Table 5 — Exterior Observations of Subject Property
No
Item or Condition Evidence
Observed
Observed
Evidence
Suspect Lead-based
Paint released into the
environment:

Suspect PCB Caulk,
Paint or Ballasts released
into the environment:

El
Comments
In addition to the above items, Converse also made the following observations:
• Items observed scattered on the Subject Property included an exercising bench, a mattress, and a box spring.

6.5 Current Uses of Adjoining Properties
Based on our research and observations during our Subject Property visit, the Subject Property is bordered by the following:

Table 6 — Adjoining Property Use
Direction
North:

Northeast:

Northwest:

South:

Southeast
Southwest:

East:

West:

Current Development
Aguirre Lane followed by residential properties (336-340 West Santa Fe Avenue).

Aguirre Lane followed by a residential property (336 West Santa Fe Avenue).

Aguirre Lane followed by residential property (350 West Santa Fe Avenue).

Baker Street followed by residential properties (320-326 Baker Street).

Baker Street followed by a residential property (320 Baker Street).

Baker Street followed by residential property (326 Baker Street).

Residential property (320 South Walnut Avenue).

Residential property (319 Baker Street).

6.6 Current Uses of Surrounding Area
J
Based on our research and observations during our Subject Property visit, the surrounding area of the Subject Property consists of vacant lots, residential, commercial, and light manufacturing properties.

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7.0 Interviews
During the interviews, the owners and occupants were asked if they had any available documents that would be helpful. The documents that were requested are detailed in Section 3.1 of this report:

7.1 Subject Property Owner
Ms. Jeannette Ortega was interviewed regarding her knowledge of past and present uses and/or problems at the Subject Property. The following concerns were addressed during a telephone interview conducted on February 1, 2023.

Ms. Ortega indicated that the Subject Property is city owned. The city would like to sell the vacant lot and redevelop the Subject Property as affordable housing.

Prior use of the Subject Property consisted of residential developments.

With the exception of an Asbestos -Containing Materials Survey Report dated October 8, 2009, Ms. Ortega was not aware of any environmental issues.

7.2 Tenant/Occupant
The Subject Property is a vacant lot.

7.3 State or Local Government Officials
Other than the information provided in Section 5.4, no other information was provided by a government official.

7.4 Owners and Occupants of Neighboring Sites
No interviews of owners or occupants of neighboring sites were conducted.

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8.0 Findings & Opinions
A cursory summary of findings and opinions is provided below. However, details were not included or fully developed in this section, and the report must be read in its entirety for a comprehensive understanding of the items contained herein.

The Subject Property is a rectangular -shaped parcel containing approximately 6,630 square feet. The Subject Property is currently a vacant lot covered with extensive naturally occurring vegetation (weeds and grasses) approximately one -foot in height.

The boundaries of the lot are marked by metal chains, wood fencing or chain-link fencing.

During Converse's reconnaissance, Converse observed an exercising bench, a mattress, and a box spring scattered on the lot.

Historically, the Subject Property was undeveloped land as early as 1896. By 1917, the Subject Property was occupied by a residential dwelling and by 1933 as many as four (4) residential structures were located on the lot. The Subject Property remained residential until 2009 and by 2010, the Subject Property was a vacant lot. In 2020, it appeared the Subject Property was utilized as a parking lot.

The adjoining properties were indicated as undeveloped land as early as 1896. By 1917, the adjoining properties were indicated as residential dwellings and vacant lots.

As early as 1938, the adjoining properties appears to be developed for residential use and commercial development (Mission of Faith).

The Subject Property was not identified on the databases in the ERIS report.

The Subject Property is located within the boundaries of a NPL site, Orange County North Basin. This basin is identified on the NPL due to regional groundwater contamination that has impacted the cities of Anaheim, Fullerton, and Placentia. The North Basin groundwater is contaminated with VOCs , which include TCE, PCE, 1,1- DCE, perchlorate, and 1,4 -dioxane. Investigation and remedial efforts are ongoing. A list of Potentially Responsible Parties (PRPs) has not been finalized by the EPA.

Groundwater beneath the Subject Property is likely contaminated by the NPL site. The regional groundwater contamination is an environmental concern; however, no further assessment is necessary regarding this matter due to the regulatory involvement and ongoing remedial efforts.

The adjoining properties were not identified on the databases in the regulatory database report.

Based on the above, the following were or were not identified during this assessment:

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Recognized Environmental Conditions (RECs): No RECS pertaining to the Subject Property were identified during this assessment.

Controlled Recognized Environmental Conditions (CRECs): No CRECS pertaining to the Subject Property were identified during this assessment.

Historical Recognized Environmental Conditions (HRECs): No HRECS pertaining to the Subject Property were identified during this assessment.

Significant Data Gaps: No significant data gasp affecting the ability of the Environmental Professional to identify a REC were encountered during this assessment.

Per the ASTM Section 12.8, Additional Investigation, to detect the presence of hazardous materials and petroleum products, it is our opinion that no additional investigation is warranted to detect hazardous materials or petroleum products with the context of this Phase I ESA.

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9.0 Conclusions & Recommendations
Converse has performed a Phase I Environmental Site Assessment in general conformance with the scope and limitations of ASTM Practice E1527-21 for 323 Baker Street, in the City of Placentia, in Orange County, California. Any exceptions to or deletions from this practice are described in the Limitations and Exceptions of Assessment section of this report. This assessment has revealed no evidence of recognized environmental conditions, controlled recognized environmental conditions, or significant data gaps in connection with the Subject Property.

No further assessment appears warranted at this time.

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10.0 Deviations & Limitations
The following deviations and/or limitations from the ASTM Standard were encountered during this assessment:
• The ground surface was covered with extensive vegetation (weeds and grasses) to approximately one -foot in height. Therefore, the ground surface could not be observed.

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11.0 Additional Non -Scope Services
There are environmental issues outside the scope of the ASTM E1527-21 that can be assessed in connection with a commercial real estate transaction. These are dealt with as non -scope considerations since they do not typically present a Superfund Liability.

The specific level of inquiry (if any) is defined in the Proposal which contains a Scope of Work. These non -scope services are very client specific and not covered by the ASTM standard. They are frequently related to the business environmental risk which is defined in the standard as "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..."
No non -scope services were included in this assessment.

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12.0 Signature of Environmental Professional
declare that, to the best of my professional knowledge and belief, I meet the definition of Environmental Professional as defined in §312.10 of 40 CFR 312.

I have the specific qualifications based on education, training and experience to assess a property of the nature, history, and setting of the subject property. I have developed and performed the all appropriate inquiries in conformance with the standard and practices set forth in 40 CFR Part 312.

Laura Tanaka
Principal Environmental Scientist
This Phase 1 ESA was completed by or under the supervision of the above Environmental Professional. A complete list of preparers, and their responsibilities for this assessment, is provided in the following section (Section 13.0, List of Preparers).

Converse Project No. 23-42-108-01 (Task 2) 30
Copyright 2022 Converse Consultants

13.0 List of Preparers
Laura Tanaka
Principal Environmental Scientist
B.S., Biology, California State Polytechnic University, Pomona, 1987 Cal/OSHA Asbestos Consultant, 11-4708
CDPH Certified Lead Inspector/Assessor, #I-3086
CDPH Certified Project Designer, #D-3086
CDPH Certified Project Monitor, #M-3086
Ms. Tanaka is currently responsible for the day-to-day operations of the Costa Mesa office. Ms. Tanaka has 32 years experience with Phase I and II ESAs, Preliminary Endangerment Assessments, asbestos surveys, lead-based paint surveys, abatement monitoring, as well as hazardous material audits, completing business plans, and SCAQMD permitting. Current duties at Converse include project management, business development and client maintenance, conducting/managing ESAs, and completing third party documents reviews.

Principal area of responsibility for this ESA report: Project Management, Client Point of Contact, Historical Research, Regulatory Agency Interaction, Property Reconnaissance, Interviews, and Report Review.

Almendra Corona
Staff Environmental Scientist
B.S., Environmental Studies, University of California Santa Barbara, 2019 Minor in Education Studies, University of California Santa Barbara, 2019 Ms. Corona has professional experience which includes conducting Transaction Screen Process Reports and Phase I Environmental Site Assessments for various sites located within Southern California. She has assessed residential, commercial and light industrial sites. Her project management and coordination duties include project set-up within writing platforms and obtaining regulatory agency records for sites located within Los Angeles, Orange, Riverside, San Bernardino and San Diego counties. Her experience also includes conducting site reconnaissance and the generation of assessment reports in accordance with the ASTM standards.

Principal area of responsibility for this ESA report: Project Management, Client Point of Contact, Historical Research, Regulatory Agency Interaction, Subject Property Reconnaissance, Interviews, and Report Generation.

Converse Project No. 23-42-108-01 (Task 2) 31
Copyright 2022 Converse Consultants

14.0 References
California Department of Conservation, Division of Mines and Geology, Geologic Map of California, 2015.

California Environmental Protection Agency (Cal/EPA), Department of Toxic Substances Control, Cypress Office, Request for Information, January 2023.

Cal/EPA, Envirostor Website( http://www.envirostor.dtsc.ca.gov/public/ , January 2023.

Cal/EPA, Los Angeles Regional Water Quality Control Board, Request for Information, January 2023.

Cal/EPA, Geotracker Website ( http://aeotracker.waterboards.ca.aov/) , January 2023.

Orange County, Department of Environmental Health, Request for Information, January 2023.

Orange County, Fire Authority, Request for Information, January 2023.

Placentia, City of, Building and Safety Department, Building Permit Review, January 2023.

Placentia, City of, Fire Department, Risk Management Plan, Request for Information, January 2023.

South Coast Air Quality Management District, Request for Information, January 2023.

United States Geological Survey, 7.5 -Minute Topographic Quadrangle, Yorba Linda, LA Habra, Orange, Anaheim, 2018.

United States Department of Transportation, Pipeline and Hazardous Material Safety Administration (PHMSA), Pipeline Location Website
( https://www.nems.Dhmsa.dot.aov/default.htm) , January 2023.

Converse Project No. 23-42-108-01 (Task 2) 32
Copyright 2022 Converse Consultants

Appendix B
Preliminary Title Reports by Lot

Fidelity National Title'
4-10 BUILDER SERVICES
2365 Northside Drive, Suite 600
San Diego, CA 92108
Phone: (619) 521-3500
Fax: (619) 521-3608
Issuing Policies of Chicago Title Insurance Company
ORDER NO.: 00188222-996-SDI-CF2
City of Placentia
401 E. Chapman Ave.

Placentia, CA 92870
ATTN: Jeannette Ortega
Email: [email protected]
REF:

Main Office Line: (619) 521-3500
Title Officer: Ken Cyr & Mark Franklin
Title Officer Phone: (619) 521-3673
Title Officer Fax: (619) 521-3608
Title Officer Email: [email protected]
PROPERTY: 307 WEST BAKER STREET, 300 BAKER STREET, PLACENTIA, CA

PRELIMINARY REPORT
In response to the application for a policy of title insurance referenced herein, Chicago Title Company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a policy or policies of title insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an exception herein or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations or Conditions of said policy forms.

The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said policy or policies are set forth in Attachment One. The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner's Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Attachment One.

Copies of the policy forms should be read. They are available from the office which issued this report.

This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested.

The policy(s) of title insurance to be issued hereunder will be policy(s) of Chicago Title Insurance Company, a Florida corporation.

Please read the exceptions shown or referred to herein and the exceptions and exclusions set forth in Attachment One of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered.

It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects and encumbrances affecting title to the land.

Chicago Title Company
By:

Authorized Signature
By:

ATTEST:

Michael J, NoL n.

President
f/ in isNenuura
Secretary
CLTA Preliminary Report Form — Modified (11/17/06) Page 1

Fidelity National Title
i110 BUILDER SERVICES
EFFECTIVE DATE:

PRELIMINARY REPORT
January 12, 2023 at 7:30 a.m.

ORDER NO.: 00188222-996-SD1-CF2
The form of policy or policies of title insurance contemplated by this report is:

A PRELIMINARY REPORT ONLY
2365 Northside Drive, Suite 600
San Diego, CA 92108
Phone: (619) 521-3500
Fax: (619) 521-3608

1. THE ESTATE OR INTEREST IN THE LAND HEREINAFTER DESCRIBED OR REFERRED TO COVERED BY THIS REPORT IS:

A FEE

2. TITLE TO SAID ESTATE OR INTEREST AT THE DATE HEREOF IS VESTED IN:

CITY OF PLACENTIA, a California municipal corporation

3. THE LAND REFERRED TO IN THIS REPORT IS DESCRIBED AS FOLLOWS:

See Exhibit A attached hereto and made a part hereof.

CLTA Preliminary Report Form — Modified (11/17/06) Page 2

PRELIMINARY REPORT Chicago Title Company
YOUR REFERENCE: ORDER NO.: 00188222-996-SD1-CF2
EXHIBIT "A"

LEGAL DESCRIPTION

THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF PLACENTIA, IN THE COUNTY OF ORANGE, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS:

PARCEL 1, IN THE CITY OF PLACENTIA, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 236, PAGES 11 AND 12 OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY.

APN: 339-392-14, 339-392-15
CLTA Preliminary Report Form — Modified (11/17/06) Page 3

PRELIMINARY REPORT Chicago Title Company
YOUR REFERENCE: ORDER NO.: 00188222-996-SD1-CF2

EXCEPTIONS

AT THE DATE HEREOF, ITEMS TO BE CONSIDERED AND EXCEPTIONS TO COVERAGE IN ADDITION TO THE PRINTED EXCEPTIONS AND EXCLUSIONS IN SAID POLICY FORM WOULD BE AS FOLLOWS:

A. Property taxes, which are a lien not yet due and payable, including any assessments collected with taxes to be levied for the fiscal year 2023-2024.

B. There were no taxes levied for the fiscal year 2022-2023 as the property was vested in a public entity.

C. The lien of supplemental or escaped assessments of property taxes, if any, made pursuant to the provisions of Chapter 3.5 (commencing with Section 75) or Part 2, Chapter 3, Articles 3 and 4, respectively, of the Revenue and Taxation Code of the State of California as a result of the transfer of title to the vestee named in Schedule A or as a result of changes in ownership or new construction occurring prior to Date of Policy.

1. Water rights, claims or title to water, whether or not disclosed by the public records.

2. Easement(s) for the purpose(s) shown below and rights incidental thereto as set forth in a document:

Purpose: public roadway and utilities
Recording No: in Book 14164, Page 788 Official Records
Affects: a portion of the land

3. Please be advised that our search did not disclose any open Deeds of Trust of record. If you should have knowledge of any outstanding obligation, please contact the Title Department immediately for further review prior to closing.

4. Any rights of the parties in possession of a portion of, or all of, said Land, which rights are not disclosed by the public records.

The Company will require, for review, a full and complete copy of any unrecorded agreement, contract, license and/or lease, together with all supplements, assignments and amendments thereto, before issuing any policy of title insurance without excepting this item from coverage.

The Company reserves the right to except additional items and/or make additional requirements after reviewing said documents.

5. Any easements not disclosed by the public records as to matters affecting title to real property, whether or not said easements are visible and apparent.

6. Matters which may be disclosed by an inspection and/or by a correct ALTA/NSPS Land Title Survey of said Land that is satisfactory to the Company, and/or by inquiry of the parties in possession thereof.

PLEASE REFER TO THE "INFORMATIONAL NOTES" AND "REQUIREMENTS" SECTIONS WHICH FOLLOW FOR INFORMATION NECESSARY TO COMPLETE THIS TRANSACTION.

END OF EXCEPTIONS
CLTA Preliminary Report Form — Modified (11/17/06) Page 4

PRELIMINARY REPORT Chicago Title Company
YOUR REFERENCE: ORDER NO.: 00188222-996-SD1-CF2

REQUIREMENTS SECTION

1. Prior to the close of escrow, the Company requires a Statement of Information to be completed by the following party(s),
Party(s): All Parties
The Company reserves the right to add additional items or make further requirements after review of the requested Statement of Information.

2. Unrecorded matters which may be disclosed by an Owner's Affidavit or Declaration. A form of the Owner's Affidavit/Declaration is attached to this Preliminary Report/Commitment. This Affidavit/Declaration is to be completed by the record owner of the land and submitted for review prior to the closing of this transaction. Your prompt attention to this requirement will help avoid delays in the closing of this transaction. Thank you.

The Company reserves the right to add additional items or make further requirements after review of the requested Affidavit/Declaration.

3. Before issuing its policy of title insurance, the Company will require evidence, satisfactory to the Company, that the vestee corporation named herein
a) was duly incorporated on or before the date title was acquired by the said corporation; b) is now in good standing and authorized to do business in the state or country where the said corporation was formed; and
c) has complied with the "doing business" laws of the State of California.

END OF REQUIREMENTS
CLTA Preliminary Report Form — Modified (11/17/06) Page 5

PRELIMINARY REPORT Chicago Title Company
YOUR REFERENCE: ORDER NO.: 00188222-996-SD1-CF2

INFORMATIONAL NOTES SECTION

1. Note: The policy of title insurance will include an arbitration provision. The Company or the insured may demand arbitration. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the insured arising out of or relating to this policy, any service of the Company in connection with its issuance or the breach of a policy provision or other obligation. Please ask your escrow or title officer for a sample copy of the policy to be issued if you wish to review the arbitration provisions and any other provisions pertaining to your Title Insurance coverage.

2. Notice: Please be aware that due to the conflict between federal and state laws concerning the cultivation, distribution, manufacture or sale of marijuana, the Company is not able to close or insure any transaction involving Land that is associated with these activities.

3. Pursuant to Government Code Section 27388.1, as amended and effective as of 1-1-2018, a Documentary Transfer Tax (DTT) Affidavit may be required to be completed and submitted with each document when DTT is being paid or when an exemption is being claimed from paying the tax. If a governmental agency is a party to the document, the form will not be required. DTT Affidavits may be available at a Tax Assessor -County Clerk -Recorder.

4. The following Exclusion(s) are added to preliminary reports, commitments and will be included as an endorsement in the following policies:

A. 2006 ALTA Owner's Policy (06-17-06).

6. Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the Public Records but that would be disclosed by an examination of any records maintained by or on behalf of a Tribe or on behalf of its members.

B. 2006 ALTA Loan Policy (06-17-06).

8. Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the Public Records but that would be disclosed by an examination of any records maintained by or on behalf of a Tribe or on behalf of its members.

9. Any claim of invalidity, unenforceability, or lack of priority of the lien of the Insured Mortgage based on the application of a Tribe's law resulting from the failure of the Insured Mortgage to specify State law as the governing law with respect to the lien of the Insured Mortgage.

C. ALTA Homeowner's Policy of Title Insurance (12-02-13) and CLTA Homeowner's Policy of Title Insurance (12-02-13).

10. Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the Public Records but that would be disclosed by an examination of any records maintained by or on behalf of a Tribe or on behalf of its members.

D. ALTA Expanded Coverage Residential Loan Policy - Assessments Priority (04-02-15).

12. Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the Public Records but that would be disclosed by an examination of any records maintained by or on behalf of a Tribe or on behalf of its members.

13. Any claim of invalidity, unenforceability, or lack of priority of the lien of the Insured Mortgage based on the application of a Tribe's law resulting from the failure of the Insured Mortgage to specify State law as the governing law with respect to the lien of the Insured Mortgage.

E. CLTA Standard Coverage Policy 1990 (11-09-18).

7. Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the public records but that would be disclosed by an examination of any records maintained by or on behalf of a tribe or on behalf of its members.

CLTA Preliminary Report Form — Modified (11/17/06) Page 1

PRELIMINARY REPORT Chicago Title Company
YOUR REFERENCE: ORDER NO.: 00188222-996-SD1-CF2

INFORMATIONAL NOTES
(Continued)

8. Any claim of invalidity, unenforceability, or lack of priority of the lien of the insured mortgage based on the application of a tribe's law resulting from the failure of the insured mortgage to specify state law as the governing law with respect to the lien of the insured mortgage.

5. Note: There are NO conveyances affecting said Land recorded within 24 months of the date of this report.

END OF INFORMATIONAL NOTES
Ken Cyr & Mark Franklin/aag
CLTA Preliminary Report Form — Modified (11/17/06) Page 2

'MIRE SAFE_
Inquire before you wire!
Wire Fraud Alert
This Notice is not intended to provide legal or professional advice. If you have any questions, please consult with a lawyer.

All parties to a real estate transaction are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email, without further verification. If funds are to be wired in conjunction with this real estate transaction, we strongly recommend verbal verification of wire instructions through a known, trusted phone number prior to sending funds.

In addition, the following non-exclusive self-protection strategies are recommended to minimize exposure to possible wire fraud.
• NEVER RELY on emails purporting to change wire instructions. Parties to a transaction rarely change wire instructions in the course of a transaction.
• ALWAYS VERIFY wire instructions, specifically the ABA routing number and account number, by calling the party who sent the instructions to you. DO NOT use the phone number provided in the email containing the instructions, use phone numbers you have called before or can otherwise verify. Obtain the phone number of relevant parties to the transaction as soon as an escrow account is opened. DO NOT send an email to verify as the email address may be incorrect or the email may be intercepted by the fraudster. • USE COMPLEX EMAIL PASSWORDS that employ a combination of mixed case, numbers, and symbols. Make your passwords greater than eight (8) characters. Also, change your password often and do NOT reuse the same password for other online accounts.
• USE MULTI -FACTOR AUTHENTICATION for email accounts. Your email provider or IT staff may have specific instructions on how to implement this feature.

For more information on wire -fraud scams or to report an incident, please refer to the following links:

Federal Bureau of Investigation: Internet Crime Complaint Center:
http://www.fbi.pov http://www.ic3.ctov
Wire Fraud Alert
Original Effective Date: 5/11/2017
Current Version Date: 5/11/2017
TM and © Fidelity National Financial, Inc. and/or an affiliate. All rights reserved

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WIRE0016 (DSI Rev. 12/07/17)

Fidelity National Title'
4-10 BUILDER SERVICES
Notice of Available Discounts
2365 Northside Drive, Suite 600
San Diego, CA 92108
Phone: (619) 521-3500
Fax: (619) 521-3608
Pursuant to Section 2355.3 in Title 10 of the California Code of Regulations Fidelity National Financial, Inc. and its subsidiaries ("FNF") must deliver a notice of each discount available under our current rate filing along with the delivery of escrow instructions, a preliminary report or commitment. Please be aware that the provision of this notice does not constitute a waiver of the consumers right to be charged the filed rate. As such, your transaction may not qualify for the below discounts.

You are encouraged to discuss the applicability of one or more of the below discounts with a Company representative. These discounts are generally described below; consult the rate manual for a full description of the terms, conditions and requirements for such discount. These discounts only apply to transactions involving services rendered by the FNF Family of Companies. This notice only applies to transactions involving property improved with a one -to -four family residential dwelling.

Not all discounts are offered by every FNF Company. The discount will only be applicable to the FNF Company as indicated by the named discount.

FNF Underwritten Title Company
CTC — Chicago Title company
CLTC — Commonwealth Land Title Company
FNTC — Fidelity National Title Company of California
FNTCCA - Fidelity National Title Company of California
TICOR — Ticor Title Company of California
LTC — Lawyer's Title Company
SLTC — ServiceLink Title Company
Available Discounts
Underwritten by FNF Underwriters
CTIC — Chicago Title Insurance Company
CLTIC - Commonwealth Land Title Insurance Company
FNTIC — Fidelity National Title Insurance Company
FNTIC - Fidelity National Title Insurance Company
CTIC — Chicago Title Insurance Company
CLTIC — Commonwealth Land Title Insurance Company
CTIC — Chicago Title Insurance Company

DISASTER LOANS (CTIC, CLTIC, FNTIC)
The charge for a Lender's Pdicy (Standard or Extended coverage) covering the financing or refinancing by an owner of record, within twenty-four (24) months of the date of a declaration of a disaster area by the government of the United States or the State of California on any land located in said area, which was partially or totally destroyed in the disaster, will be fifty percent (50%) of the appropriate title insurance rate.

CHURCHES OR CHARITABLE NON-PROFIT ORGANIZATIONS (CTIC, FNTIC) On properties used as a church or for charitable purposes within the scope of the normal activities of such entities, provided said charge is normally the church's obligation the charge for an owner's policy shall be fifty percent (50%) to seventy percent (70%) of the appropriate title insurance rate, depending on the type of coverage selected. The charge for a lender's policy shall be forty (40%) to fifty percent (50%) of the appropriate title insurance rate, depending on the type of coverage selected.

Notice of Available Discounts (Rev. 01-15-20) Last Saved: January 24, 2023 by AAG MISC0164 (DSI Rev. 03/12/20) Escrow No.: 00188222-996-SD1-CF2

FIDELITY NATIONAL FINANCIAL, INC.

PRIVACY NOTICE
Effective January 1, 2023
Fidelity National Financial, Inc. and its majority-owned subsidiary companies (collectively, "FNF," "our," or "we") respect and are committed to protecting your privacy. This Privacy Notice explains how we collect, use, and protect personal information, when and to whom we disclose such information, and the choices you have about the use and disclosure of that information.

A limited number of FNF subsidiaries have their own privacy notices. If a subsidiary has its own privacy notice, the privacy notice will be available on the subsidiary's website and this Privacy Notice does not apply.

Collection of Personal Information
FNF may collect the following categories of Personal Information:
• contact information (e.g., name, address, phone number, email address); • demographic information (e.g., date of birth, gender, marital status); • identity information (e.g. Social Security Number, driver's license, passport, or other government ID number); • financial account information (e.g. loan or bank account information); and • other personal information necessary to provide products or services to you.

We may collect Personal Information about you from:
• information we receive from you or your agent;
• information about your transactions with FNF, our affiliates, or others; and • information we receive from consumer reporting agencies and/or governmental entities, either directly from these entities or through others.

Collection of Browsing Information
FNF automatically collects the following types of Browsing Information when you access an FNF website, online service, or application (each an "FNF Website") from your Internet browser, computer, and/or device:
• Internet Protocol (IP) address and operating system;
• browser version, language, and type;
• domain name system requests; and
• browsing history on the FNF Website, such as date and time of your visit to the FNF Website and visits to the pages within the FNF Website.

Like most websites, our servers automatically log each visitor to the FNF Website and may collect the Browsing Information described above. We use Browsing Information for system administration, troubleshooting, fraud investigation, and to improve our websites.

Browsing Information generally does not reveal anything personal about you, though if you have created a user account for an FNF Website and are logged into that account, the FNF Website may be able to link certain browsing activity to your user account.

Other Online Specifics
Cookies. When you visit an FNF Website, a "cookie" may be sent to your computer. A cookie is a small piece of data that is sent to your Internet browser from a web server and stored on your computer's hard drive. Information gathered using cookies helps us improve your user experience. For example, a cookie can help the website load properly or can customize the display page based on your browser type and user preferences. You can choose whether or not to accept cookies by changing your Internet browser settings. Be aware that doing so may impair or limit some functionality of the FNF Website.

Web Beacons. We use web beacons to determine when and how many times a page has been viewed. This information is used to improve our websites.

Do Not Track. Currently our FNF Websites do not respond to "Do Not Track" features enabled through your browser.

Links to Other Sites. FNF Websites may contain links to unaffiliated third -party websites. FNF is not responsible for the privacy practices or content of those websites. We recommend that you read the privacy policy of every website you visit.

Use of Personal Information
FNF uses Personal Information for three main purposes:
• To provide products and services to you or in connection with a transaction involving you. • To improve our products and services.
• To communicate with you about our, our affiliates', and others' products and services, jointly or independently.

When Information Is Disclosed
We may disclose your Personal Information and Browsing Information in the following circumstances:
• to enable us to detect or prevent criminal activity, fraud, material misrepresentation, or nondisclosure; • to affiliated or nonaffiliated service providers who provide or perform services or functions on our behalf and who agree to use the information only to provide such services or functions; FNF Privacy Statement (Eff. January 1, 2023) Copyright © 2023. Fidelity National Financial, Inc. All Rights Reserved MISCO219 (DSI Rev. 01/16/20213)

Page 1 ends

•
•
•
to affiliated or nonaffiliated third parties with whom we perform joint marketing, pursuant to an agreement with them to jointly market financial products or services to you;
to law enforcement or authorities in connection with an investigation, or in response to a subpoena or court order; or in the good -faith belief that such disclosure is necessary to comply with legal process or applicable laws, or to protect the rights, property, or safety of FNF, its customers, or the public.

The law does not require your prior authorization and does not allow you to restrict the disclosures described above. Additionally, we may disclose your information to third parties for whom you have given us authorization or consent to make such disclosure. We do not otherwise share your Personal Information or Browsing Information with nonaffiliated third parties, except as required or permitted by law.

We reserve the right to transfer your Personal Information, Browsing Information, and any other information, in connection with the sale or other disposition of all or part of the FNF business and/or assets, or in the event of bankruptcy, reorganization, insolvency, receivership, or an assignment for the benefit of creditors. By submitting Personal Information and/or Browsing Information to FNF, you expressly agree and consent to the use and/or transfer of the foregoing information in connection with any of the above described proceedings.

Security of Your Information
We maintain physical, electronic, and procedural safeguards to protect your Personal Information.

Choices With Your Information
Whether you submit Personal Information or Browsing Information to FNF is entirely up to you. If you decide not to submit Personal Information or Browsing Information, FNF may not be able to provide certain services or products to you.

For California Residents: We will not share your Personal Information or Browsing Information with nonaffiliated third parties, except as permitted by California law. For additional information about your California privacy rights, please visit the "California Privacy" link on our website ( https://fnf.com/pages/californiaprivacy.aspx) or call (888) 413-1748.

For Nevada Residents: We are providing this notice pursuant to state law. You may be placed on our internal Do Not Call List by calling FNF Privacy at (888) 714-2710 or by contacting us via the information set forth at the end of this Privacy Notice. For further information concerning Nevada's telephone solicitation law, you may contact: Bureau of Consumer Protection, Office of the Nevada Attorney General, 555 E. Washington St., Suite 3900, Las Vegas, NV 89101; Phone number: (702) 486-3132; email:
[email protected].

For Oregon Residents: We will not share your Personal Information or Browsing Information with nonaffiliated third parties for marketing purposes, except after you have been informed by us of such sharing and had an opportunity to indicate that you do not want a disclosure made for marketing purposes.

For Vermont Residents: We will not disclose information about your creditworthiness to our affiliates and will not disclose your personal information, financial information, credit report, or health information to nonaffiliated third parties to market to you, other than as permitted by Vermont law, unless you authorize us to make those disclosures.

For Virginia Residents: For additional information about your Virginia privacy rights, please email [email protected] or call (888) 714- 2710.

Information From Children
The FNF Websites are not intended or designed to attract persons under the age of eighteen (18).We do not collect Personal Information from any person that we know to be under the age of thirteen (13) without permission from a parent or guardian.

International Users
FNF's headquarters is located within the United States. If you reside outside the United States and choose to provide Personal Information or Browsing Information to us, please note that we may transfer that information outside of your country of residence. By providing FNF with your Personal Information and/or Browsing Information, you consent to our collection, transfer, and use of such information in accordance with this Privacy Notice.

FNF Website Services for Mortgage Loans
Certain FNF companies provide services to mortgage loan servicers, including hosting websites that collect customer information on behalf of mortgage loan servicers (the "Service Websites"). The Service Websites may contain links to both this Privacy Notice and the mortgage loan servicer or lender's privacy notice. The sections of this Privacy Notice titled When Information is Disclosed, Choices with Your Information, and Accessing and Correcting Information do not apply to the Service Websites. The mortgage loan servicer or lender's privacy notice governs use, disclosure, and access to your Personal Information. FNF does not share Personal Information collected through the Service Websites, except as required or authorized by contract with the mortgage loan servicer or lender, or as required by law or in the good -faith belief that such disclosure is necessary: to comply with a legal process or applicable law, to enforce this Privacy Notice, or to protect the rights, property, or safety of FNF or the public.

Your Consent To This Privacy Notice: Notice Changes
By submitting Personal Information and/or Browsing Information to FNF, you consent to the collection and use of the information in accordance with this Privacy Notice. We may change this Privacy Notice at any time. The Privacy Notice's effective date will show the FNF Privacy Statement (Eff. January 1, 2023) Copyright © 2023. Fidelity National Financial, Inc. All Rights Reserved MISCO219 (DSI Rev. 01/16/20213)

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last date changes were made. If you provide information to us following any change of the Privacy Notice, that signifies your assent to and acceptance of the changes to the Privacy Notice.

Accessing and Correcting Information; Contact Us
If you have questions or would like to correct your Personal Information, visit FNF's Privacy Inquiry Website or contact us by phone at (888) 714-2710, by email at [email protected], or by mail to:

Fidelity National Financial, Inc.
601 Riverside Avenue
Jacksonville, Florida 32204
Attn: Chief Privacy Officer
FNF Privacy Statement (Eff. January 1, 2023) Copyright © 2023. Fidelity National Financial, Inc. All Rights Reserved MISCO219 (DSI Rev. 01/16/20213)

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ATTACHMENT ONE (Revised 05-06-16)

CALIFORNIA LAND TITLE ASSOCIATION
STANDARD COVERAGE POLICY — 1990

EXCLUSIONS FROM COVERAGE
The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys' fees or expenses which arise by reason of:

1. (a) Any law, ordinance or governmental regulation (including but not limited to building or zoning laws, ordinances, or regulations) restricting, regulating, prohibiting or relating (i) the occupancy, use, or enjoyment of the land; (ii) the character, dimensions or location of any improvement now or hereafter erected on the land; (iii) a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a part; or (iv) environmental protection, or the effect of any violation of these laws, ordinances or governmental regulations, except to the extent that a notice of the enforcement thereof or a notice of a defect, lien, or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. (b) Any governmental police power not excluded by (a) above, except to the extent that a notice of the exercise thereof or notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy.

2. Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy, but not excluding from coverage any taking which has occurred prior to Date of Policy which would be binding on the rights of a purchaser for value without knowledge.

3. Defects, liens, encumbrances, adverse claims or other matters:
(a) whether or not recorded in the public records at Date of Policy, but created, suffered, assumed or agreed to by the insured claimant; (b) not known to the Company, not recorded in the public records at Date of Policy, but known to the insured claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy; (c) resulting in no loss or damage to the insured claimant; (d) attaching or created subsequent to Date of Policy; or (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the insured mortgage or for the estate or interest insured by this policy.

4. Unenforceability of the lien of the insured mortgage because of the inability or failure of the insured at Date of Policy, or the inability or failure of any subsequent owner of the indebtedness, to comply with the applicable doing business laws of the state in which the land is situated.

5. Invalidity or unenforceability of the lien of the insured mortgage, or claim thereof, which arises out of the transaction evidenced by the insured mortgage and is based upon usury or any consumer credit protection or truth in lending law.

6. Any claim, which arises out of the transaction vesting in the insured the estate of interest insured by this policy or the transaction creating the interest of the insured lender, by reason of the operation of federal bankruptcy, state insolvency or similar creditors' rights laws.

EXCEPTIONS FROM COVERAGE - SCHEDULE B, PART!
This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) which arise by reason of:

1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records.

Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the public records.

2. Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained by an inspection of the land or which may be asserted by persons in possession thereof.

3. Easements, liens or encumbrances, or claims thereof, not shown by the public records.

4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by the public records.

5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b) or (c) are shown by the public records.

6. Any lien or right to a lien for services, labor or material not shown by the public records.

CLTA HOMEOWNER'S POLICY OF TITLE INSURANCE (12-02-13)

ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE

EXCLUSIONS
In addition to the Exceptions in Schedule B, You are not insured against loss, costs, attorneys' fees, and expenses resulting from:

1. Governmental police power, and the existence or violation of those portions of any law or government regulation concerning:
a. building;
b. zoning;
c. land use;
d. improvements on the Land;
e. land division; and
f. environmental protection.

This Exclusion does not limit the coverage described in Covered Risk 8.a., 14, 15, 16, 18, 19, 20, 23 or 27.

2. The failure of Your existing structures, or any part of them, to be constructed in accordance with applicable building codes. This Exclusion does not limit the coverage described in Covered Risk 14 or 15.

3. The right to take the Land by condemning it. This Exclusion does not limit the coverage described in Covered Risk 17.

4. Risks:
a. that are created, allowed, or agreed to by You, whether or not they are recorded in the Public Records; b. that are Known to You at the Policy Date, but not to Us, unless they are recorded in the Public Records at the Policy Date; Attachment One — CA (Rev. 05-06-16) Page 1
© California Land Title Association. All rights reserved.

The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association.

c. that result in no loss to You; or
d. that first occur after the Policy Date - this does not limit the coverage described in Covered Risk 7, 8.e., 25, 26, 27 or 28.

5. Failure to pay value for Your Title.

6. Lack of a right:
a. to any land outside the area specifically described and referred to in paragraph 3 of Schedule A; and b. in streets, alleys, or waterways that touch the Land.

This Exclusion does not limit the coverage described in Covered Risk 11 or 21.

7. The transfer of the Title to You is invalid as a preferential transfer or as a fraudulent transfer or conveyance under federal bankruptcy, state insolvency, or similar creditors' rights laws.

8. Contamination, explosion, fire, flooding, vibration, fracturing, earthquake, or subsidence.

9. Negligence by a person or an Entity exercising a right to extract or develop minerals, water, or any other substances.

LIMITATIONS ON COVERED RISKS
Your insurance for the following Covered Risks is limited on the Owner's Coverage Statement as follows:
• For Covered Risk 16, 18, 19, and 21 Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A.

The deductible amounts and maximum dollar limits shown on Schedule A are as follows:

Your Deductible Amount
Covered Risk 16: 1.00% of Policy Amount Shown in Schedule A or $2,500.00 (whichever is less)
Covered Risk 18: 1.00% of Policy Amount Shown in Schedule A or $5,000.00 (whichever is less)
Covered Risk 19: 1.00% of Policy Amount Shown in Schedule A or $5,000.00 (whichever is less)
Covered Risk 21: 1.00% of Policy Amount Shown in Schedule A or $2,500.00 (whichever is less)
2006 ALTA LOAN POLICY (06-17-06)

EXCLUSIONS FROM COVERAGE
Our Maximum Dollar
Limit of Liability
$ 10,000.00
$ 25,000.00
$ 25,000.00
$ 5,000.00
The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of:

1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to
(i) the occupancy, use, or enjoyment of the Land;
(ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or
(iv) environmental protection;
or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5.
(b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6.

2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8.

3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 13 or 14); or
(e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage.

4. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing -business laws of the state where the Land is situated.

5. Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth -in -lending law.

6. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is
(a) a fraudulent conveyance or fraudulent transfer, or
(b) a preferential transfer for any reason not stated in Covered Risk 13(b) of this policy.

7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the Insured Mortgage in the Public Records. This Exclusion does not modify or limit the coverage provided under Covered Risk 11(b).

The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage:

EXCEPTIONS FROM COVERAGE
{Except as provided in Schedule B - Part II,{ t{or T}his policy does not insure against loss or damage, and the Company will not pay costs, attorneys' fees or expenses, that arise by reason of:

Attachment One — CA (Rev. 05-06-16) Page 2
© California Land Title Association. All rights reserved.

The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association.

{PART I
{The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage:

1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records.

2. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land.

3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records.

4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records.

5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records.

6. Any lien or right to a lien for services, labor or material not shown by the Public Records.}

PART II
In addition to the matters set forth in Part I of this Schedule, the Title is subject to the following matters, and the Company insures against loss or damage sustained in the event that they are not subordinate to the lien of the Insured Mortgage:} 2006 ALTA OWNER'S POLICY (06-17-06)

EXCLUSIONS FROM COVERAGE
The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of:

1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to
(i) the occupancy, use, or enjoyment of the Land;
(ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or
(iv) environmental protection;
or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5.
(b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6.

2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8.

3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 9 and 10); or
(e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title.

4. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction vesting the Title as shown in Schedule A, is
(a) a fraudulent conveyance or fraudulent transfer; or
(b) a preferential transfer for any reason not stated in Covered Risk 9 of this policy.

5. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A.

The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage:

EXCEPTIONS FROM COVERAGE
This policy does not insure against loss or damage, and the Company will not pay costs, attorneys' fees or expenses, that arise by reason of:
{The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage:

1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records.

2. Any facts, rights, interests, or claims that are not shown in the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land.

3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records.

4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and that are not shown by the Public Records.

5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records.

6. Any lien or right to a lien for services, labor or material not shown by the Public Records. }

7. {Variable exceptions such as taxes, easements, CC&R's, etc. shown here.} Attachment One — CA (Rev. 05-06-16) Page 3
© California Land Title Association. All rights reserved.

The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association.

ALTA EXPANDED COVERAGE RESIDENTIAL LOAN POLICY — ASSESSMENTS PRIORITY (04-02-15)

EXCLUSIONS FROM COVERAGE
The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys' fees or expenses which arise by reason of:

1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to
(i) the occupancy, use, or enjoyment of the Land;
(ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or
(iv) environmental protection;
or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16.

2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8.

3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 16, 17, 18, 19, 20, 21, 22, 23, 24, 27 or 28); or
(e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage.

4. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing -business laws of the state where the Land is situated.

5. Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury, or any consumer credit protection or truth -in -lending law. This Exclusion does not modify or limit the coverage provided in Covered Risk 26.

6. Any claim of invalidity, unenforceability or lack of priority of the lien of the Insured Mortgage as to Advances or modifications made after the Insured has Knowledge that the vestee shown in Schedule A is no longer the owner of the estate or interest covered by this policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11.

7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching subsequent to Date of Policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11(b) or 25.

8. The failure of the residential structure, or any portion of it, to have been constructed before, on or after Date of Policy in accordance with applicable building codes. This Exclusion does not modify or limit the coverage provided in Covered Risk 5 or 6.

9. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is
(a) a fraudulent conveyance or fraudulent transfer, or
(b) a preferential transfer for any reason not stated in Covered Risk 27(b) of this policy.

10. Contamination, explosion, fire, flooding, vibration, fracturing, earthquake, or subsidence.

11. Negligence by a person or an Entity exercising a right to extract or develop minerals, water, or any other substances.

Attachment One — CA (Rev. 05-06-16) Page 4
© California Land Title Association. All rights reserved.

The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association.

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This mapiplat is being furnished as an aid in locating the Herein described Land In relation to adjoining streets, natural boundaries and other land, and is not a survey of the rand depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, rc any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon, Order•. 0018,1222
Goo. 339-39 MAP ASSESSOR

Page 1 of 1 ends

OWNER'S DECLARATION
Escrow No.: 00188222-996-SD1-CF2
Property Address: 307 West Baker Street, 300 Baker Street Placentia, CA
The undersigned hereby declares as follows:

1. (Fill in the applicable paragraph and strike the other) a. Declarant ("Owner") is the owner or lessee, as the case may be, of certain premises located at 307 West Baker Street, 300 Baker Street, Placentia, CA, further described as follows: See Preliminary Report/Commitment No. for full legal description (the "Land"). b. Declarant is the of
("Owner"), which is the owner or lessee, as the case may be, of certain premises located at 307 West Baker Street, 300 Baker Street, Placentia, CA, further described as follows: See Preliminary Report/Commitment No. for full legal description (the "Land").

2. (Fill in the applicable paragraph and strike the other) a. During the period of six months immediately preceding the date of this declaration no work has been done, no surveys or architectural or engineering plans have been prepared, and no materials have been furnished in connection with the erection, equipment, repair, protection or removal of any building or other structure on the Land or in connection with the improvement of the Land in any manner whatsoever.
b. During the period of six months immediately preceding the date of this declaration certain work has been done and materials furnished in connection with upon the Land in the approximate total sum of $ , but no work whatever remains to be done and no materials remain to be furnished to complete the construction in full compliance with the plans and specifications, nor are there any unpaid bills incurred for labor and materials used in making such improvements or repairs upon the Land, or for the services of architects, surveyors or engineers, except as follows: . Owner, by the undersigned
Declarant, agrees to and does hereby indemnify and hold harmless Chicago Title Company against any and all claims arising therefrom.

3. Owner has not previously conveyed the Land; is not a debtor in bankruptcy (and if a partnership, the general partner thereof is not a debtor in bankruptcy); and has not received notice of any pending court action affecting the title to the Land.

4. Except as shown in the above -referenced Preliminary Report/Commitment, there are no unpaid or unsatisfied mortgages, deeds of trust, Uniform Commercial Code financing statements, regular assessments, special assessments, periodic assessments or any assessment from any source, claims of lien, special assessments, or taxes that constitute a lien against the Land or that affect the Land but have not been recorded in the public records. There are no violations of the covenants, conditions and restrictions as shown in the above -referenced Preliminary Report/Commitment.

5. The Land is currently in use as occupy/occupies the
Land; and the following are all of the leases or other occupancy rights affecting the Land:

6. There are no other persons or entities that assert an ownership interest in the Land, nor are there unrecorded easements, claims of easement, or boundary disputes that affect the Land.

7. There are no outstanding options to purchase or rights of first refusal affecting the Land.

8. Between the most recent Effective Date of the above -referenced Preliminary Report/Commitment and the date of recording of the Insured Instrument(s), Owner has not taken or allowed, and will not take or allow, any action or inaction to encumber or otherwise affect title to the Land.

This declaration is made with the intention that Chicago Title Company (the "Company") and its policy issuing agents will rely upon it in issuing their title insurance policies and endorsements. Owner, by the undersigned Declarant, agrees to indemnify the Company against loss or damage (including attorneys fees, expenses, and costs) incurred by the Company as a result of any untrue statement made herein.

I declare under penalty of perjury that the foregoing is true and correct and that this declaration was executed on at
Signature:

Owner's Declaration Printed: 6/27/2017 3:26 PM by AAG
MISCO220 (DSI Rev. 10/17/17) Page 2 Escr<

Owner's Declaration Printed: 6/27/2017 3:26 PM by AAG
MISCO220 (DSI Rev. 10/17/17) Page 3 Escr<

FNTG

BUILDER SERVICES

CHICAGO TITLE
0 Fidelity National Title
Camlorlwrealth-
4210 Riverwalk Parkway, Suite 100
Riverside, CA 92505
Phone: (951) 710-5941
Fax: (951) 710-5955
Issuing Policies of Fidelity National Title Insurance Company Title Officer: Steven Gomez (BS-RIV) Order No.: 989-25003384-SG4 Escrow Officer: Builder Services OAC
TO:

City of Placentia
401 E. Chapman Ave
Placentia, CA 92870
ATTN: .Jeannette Ortega
YOUR REFERENCE:

PROPERTY ADDRESS: 312 Baker Street, Placentia, CA

PRELIMINARY REPORT
In response to the application for a policy of title insurance referenced herein, Fidelity National Title Company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof a policy or policies of title insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an exception herein or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations or Conditions of said policy forms.

The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said policy or policies are set forth in Attachment One. The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner's Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Attachment One. Copies of the policy forms should be read. They are available from the office which issued this report.

This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested.

The policy(s) of title insurance to be issued hereunder will be policy(s) of Fidelity National Title Insurance Company, a California Corporation.

Please read the exceptions shown or referred to herein and the exceptions and exclusions set forth in Attachment One of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered.

It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects and encumbrances affecting title to the land.

Countersigned by:

L
Authorized Signature
CLTA Preliminary Report Form — Modified (11/17/06) Page 1

FNTG

BUILDER SERVICES

CHICAGO TITLE
O Fidelity National Title'
• Camlonwealth-

PRELIMINARY REPORT
EFFECTIVE DATE: February 9, 2017 at 7:30 a.m.

ORDER NO.: 989-25003384-SG4
The form of policy or policies of title insurance contemplated by this report is:

CLTA Standard Coverage Policy (04-08-14)
4210 Riverwalk Parkway, Suite 100
Riverside, CA 92505
Phone: (951) 710-5941
Fax: (951) 710-5955

1. THE ESTATE OR INTEREST IN THE LAND HEREINAFTER DESCRIBED OR REFERRED TO COVERED BY THIS REPORT IS:

A FEE

2. TITLE TO SAID ESTATE OR INTEREST AT THE DATE HEREOF IS VESTED IN:

CITY OF PLACENTIA, a public body corporate and politic

3. THE LAND REFERRED TO IN THIS REPORT IS DESCRIBED AS FOLLOWS:

See Exhibit A attached hereto and made a part hereof.

CLTA Preliminary Report Form — Modified (11/17/06) Page 2

PRELIMINARY REPORT Fidelity National Title Company
Your Reference: Order No.: 989-25003384-SG4

EXHIBIT A

LEGAL DESCRIPTION

THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF PLACENTIA, IN THE COUNTY OF ORANGE, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS:

LOT 24 IN BLOCK "B" OF BRADFORD'S RESUBDIVISION OF BLOCKS "H" AND "I" OF THE TOWNSITE OF

PLACENTIA, IN THE CITY OF PLACENTIA, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 8. PAGE 65, MISCELLANEOUS MAPS. IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY.

APN: 339-391-15
CLTA Preliminary Report Form — Modified (11/17/06) Page 3

PRELIMINARY REPORT Fidelity National Title Company
Your Reference: Order No.: 989-25003384-SG4

EXCEPTIONS

AT THE DATE HEREOF, ITEMS TO BE CONSIDERED AND EXCEPTIONS TO COVERAGE IN ADDITION TO THE PRINTED EXCEPTIONS AND EXCLUSIONS IN SAID POLICY FORM WOULD BE AS FOLLOWS:

A. Property taxes, which are a lien not yet due and payable, including any assessments collected with taxes to be levied for the fiscal year 2017-2018.

B. There were no taxes levied for the fiscal year 2016-2017 as the property was vested in a public entity.

Affects: APN: 339-391-15
C. The lien of supplemental or escaped assessments of property taxes, if any, made pursuant to the provisions of Chapter 3.5 (commencing with Section 75) or Part 2, Chapter 3, Articles 3 and 4, respectively, of the Revenue and Taxation Code of the State of California as a result of the transfer of title to the vestee named in Schedule A or as a result of changes in ownership or new construction occurring prior to Date of Policy.

1. Water rights, claims or title to water, whether or not disclosed by the public records.

2. Easement(s) for the purpose(s) shown below and rights incidental thereto as set forth in a document:

Purpose: public roadway
Recording Date: July 15, 1981
Recording No: Book 14141. Page 1507 Official Records
Affects: that portion of said land as more particularly described therein

3. Any easements not disclosed by the public records as to matters affecting title to real property, whether or not said easements are visible and apparent.

4. Matters which may be disclosed by an inspection and/or by a correct ALTA/NSPS Land Title Survey of said Land that is satisfactory to the Company, and/or by inquiry of the parties in possession thereof.

5. Any rights of the parties in possession of a portion of, or all of, said Land, which rights are not disclosed by the public records.

The Company will require, for review, a full and complete copy of any unrecorded agreement, contract, license and/or lease, together with all supplements, assignments and amendments thereto, before issuing any policy of title insurance without excepting this item from coverage.

The Company reserves the right to except additional items and/or make additional requirements after reviewing said documents.

PLEASE REFER TO THE "INFORMATIONAL NOTES" AND "REQUIREMENTS" SECTIONS WHICH FOLLOW FOR INFORMATION NECESSARY TO COMPLETE THIS TRANSACTION.

END OF EXCEPTIONS
CLTA Preliminary Report Form — Modified (11/17/06) Page 4

PRELIMINARY REPORT Fidelity National Title Company
Your Reference: Order No.: 989-25003384-SG4

REQUIREMENTS SECTION

1. The requirement that this company be furnished proper regulatory statutes authorizing this transaction and appropriate documentation indicating who may execute on behalf of the City of Placentia, a public body corporate and politic.

2. Unrecorded matters which may be disclosed by an Owner's Affidavit or Declaration. A form of the Owner's Affidavit/Declaration is attached to this Preliminary Report/Commitment. This Affidavit/Declaration is to be completed by the record owner of the land and submitted for review prior to the closing of this transaction. Your prompt attention to this requirement will help avoid delays in the closing of this transaction. Thank you.

The Company reserves the right to add additional items or make further requirements after review of the requested Affidavit/Declaration.

END OF REQUIREMENTS
CLTA Preliminary Report Form — Modified (11/17/06) Page 5

PRELIMINARY REPORT Fidelity National Title Company
Your Reference: Order No.: 989-25003384-SG4

INFORMATIONAL NOTES SECTION

1. None of the items shown in this report will cause the Company to decline to attach CLTA Endorsement Form 100 to an Extended Coverage Loan Policy, when issued.

2. Note: The policy of title insurance will include an arbitration provision. The Company or the insured may demand arbitration. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the insured arising out of or relating to this policy, any service of the Company in connection with its issuance or the breach of a policy provision or other obligation. Please ask your escrow or title officer for a sample copy of the policy to be issued if you wish to review the arbitration provisions and any other provisions pertaining to your Title Insurance coverage.

3. Note: There are NO conveyances affecting said Land recorded within 24 months of the date of this report.

END OF INFORMATIONAL NOTES
Steven Gomez (BS-RIV)/aag
CLTA Preliminary Report Form — Modified (11/17/06) Page 6

FIDELITY NATIONAL FINANCIAL

PRIVACY NOTICE
At Fidelity National Financial, Inc. and its majority-owned subsidiary companies (collectively, "FNF", "our" or "we"), we value the privacy of our customers. This Privacy Notice explains how we collect, use, and protect your information and explains the choices you have regarding that information. A summary of our privacy practices is below. We also encourage you to read the complete Privacy Notice following the summary.

Types of Information Collected. You may provide us
with certain personal information, like your contact
information, social security number (SSN), driver's
license, other government ID numbers, and/or
financial information. We may also receive
information from your Internet browser, computer
and/or mobile device.

Use of Your Information. We may use your
information to provide products and services to you
(or someone on your behalf), to improve our products
and services, and to communicate with you about our
products and services. We do not give or sell your
personal information to parties outside of FNF for
their use to market their products or services to you.

Choices With Your Information. Your decision to
submit personal information is entirely up to you. You
can opt -out of certain disclosures or use of your
information or choose to not provide any personal
information to us.

Information From Children. We do not knowingly
collect information from children under the age of 13,
and our websites are not intended to attract children.

Access and Correction. If you desire to see the
information collected about you and/or correct any
inaccuracies, please contact us in the manner specified in this Privacy Notice.

The California Online Privacy Protection Act.

Certain FNF websites collect information on behalf of
mortgage loan servicers. The mortgage loan servicer is
responsible for taking action or making changes to any
consumer information submitted through those
websites.

Your Consent To This Privacy Notice. By
submitting information to us and using our websites,
you are accepting and agreeing to the terms of this
Privacy Notice.

FNF Privacy Notice
Effective: April 1, 2016
How Information is Collected. We may collect
personal information directly from you from
applications, forms, or communications we receive
from you, or from other sources on your behalf, in
connection with our provision of products or services
to you. We may also collect browsing information
from your Internet browser, computer, mobile device
or similar equipment. This browsing information is
generic and reveals nothing personal about the user.

Security Of Your Information. We utilize a
combination of security technologies, procedures and
safeguards to help protect your information from
unauthorized access, use and/or disclosure. We
communicate to our employees about the need to
protect personal information.

When We Share Information. We may disclose your
information to third parties providing you products
and services on our behalf, law enforcement agencies
or governmental authorities, as required by law, and to parties with whom you authorize us to share your
information.

Privacy Outside the Website. We are not responsible
for the privacy practices of third parties, even if our website links to those parties' websites.

Do Not Track Disclosures. We do not recognize "do
not track" requests from Internet browsers and similar
devices.

International Use. By providing us with your
information, you consent to the transfer, processing
and storage of such information outside your country
of residence, as well as the fact that we will handle
such information consistent with this Privacy Notice.

Contact FNF. If you have questions or wish to
contact us regarding this Privacy Notice, please use
the contact information provided at the end of this
Privacy Notice.

FIDELITY NATIONAL FINANCIAL, INC.

PRIVACY NOTICE
FNF respects and is committed to protecting your privacy. We pledge to take reasonable steps to protect your Personal Information (as defined herein) and to ensure your information is used in compliance with this Privacy Notice.

This Privacy Notice is only in effect for information collected and/or owned by or on behalf of FNF, including collection through any FNF website or online services offered by FNF (collectively, the "Website"), as well as any information collected offline (e.g., paper documents). The provision of this Privacy Notice to you does not create any express or implied relationship, nor create any express or implied duty or other obligation, between FNF and you.

Tvoes of Information Collected
We may collect two types of information: Personal Information and Browsing Information.

Personal Information. The types of personal information FNF collects may include, but are not limited to:
• contact information (e.g., name, address, phone number, email address);
• social security number (SSN), driver's license, and other government ID numbers; and
• financial account or loan information.

Browsing Information. The types of browsing information FNF collects may include, but are not limited to:
• Internet Protocol (or IP) address or device ID/UDID,
protocol and sequence information;
• browser language;
• browser type;
• domain name system requests;
• browsing history;
• number of clicks;
• hypertext transfer protocol headers; and
• application client and server banners.

How Information is Collected
In the course of our business, we may collect Personal
Information about you from the following sources:
• applications or other forms we receive from you or your authorized representative, whether electronic or paper; • communications to us from you or others;
• information about your transactions with, or services performed by, us, our affiliates or others; and
• information from consumer or other reporting agencies and public records that we either obtain directly from those entities, or from our affiliates or others.

We may collect Browsing Information from you as follows:
• Browser Log Files. Our servers automatically log, collect and record certain Browsing Information about each visitor to the Website. The Browsing Information includes only
generic information and reveals nothing personal about the user.
• Cookies. From time to time, FNF may send a "cookie" to your computer when you visit the Website. A cookie is a small piece of data that is sent to your Internet browser from a web server and stored on your computer's hard drive.

When you visit the Website again, the cookie allows the FNF Privacy Notice
Effective: April 1, 2016
Website to recognize your computer, with the goal of
providing an optimized user experience. Cookies may store user preferences and other information. You can choose not to accept cookies by changing the settings of your Internet browser. If you choose not to accept cookies, then some functions of the Website may not work as intended.

Use of Collected Information
Information collected by FNF is used for three main purposes:
• To provide products and services to you, or to one or more third party service providers who are performing services on your behalf or in connection with a transaction involving you;
• To improve our products and services; and
• To communicate with you and to inform you about FNF's products and services.

When We Share Information
We may share your Personal Information (excluding information we receive from consumer or other credit reporting agencies) and Browsing Information with certain individuals and companies, as permitted by law, without first obtaining your authorization.

Such disclosures may include, without limitation, the following:
• to agents, representatives, or others to provide you with services or products you have requested, and to enable us to detect or prevent criminal activity, fraud, or material misrepresentation or nondisclosure;
• to third -party contractors or service providers who provide services or perform other functions on our behalf;
• to law enforcement or other governmental authority in connection with an investigation, or civil or criminal
subpoenas or court orders; and/or
• to other parties authorized to receive the information in connection with services provided to you or a transaction involving you.

We may disclose Personal Information and/or Browsing
Information when required by law or in the good -faith belief that such disclosure is necessary to:
• comply with a legal process or applicable laws;
• enforce this Privacy Notice;
• investigate or respond to claims that any information provided by you violates the rights of a third party; or • protect the rights, property or personal safety of FNF, its users or the public.

We make efforts to ensure third party contractors and service providers who provide services or perform functions on our behalf protect your information. We limit use of your
information to the purposes for which the information was provided. We do not give or sell your information to third parties for their own direct marketing use.

We reserve the right to transfer your Personal Information, Browsing Information, as well as any other information, in connection with the sale or other disposition of all or part of the FNF business and/or assets, or in the event of our bankruptcy, reorganization, insolvency, receivership or an assignment for the benefit of creditors. You expressly agree and consent to the use and/or transfer of this information in connection with any of the above-described proceedings. We cannot and will not be

responsible for any breach of security by any third party or for any actions of any third party that receives any of the information that is disclosed to us.

Choices With Your Information
Whether you submit your information to FNF is entirely up to you. If you decide not to submit your information, FNF may not be able to provide certain products or services to you. You may choose to prevent FNF from using your information under certain circumstances ("opt out"). You may opt out of receiving communications from us about our products and/or services.

Security And Retention Of Information
FNF is committed to protecting the information you share with us and utilizes a combination of security technologies, procedures and safeguards to help protect it from unauthorized access, use and/or disclosure. FNF trains its employees on privacy practices and on FNF's privacy and information security policies. FNF works hard to retain information related to you only as long as reasonably necessary for business and/or legal purposes.

Information From Children
The Website is meant for adults. The Website is not intended or designed to attract children under the age of thirteen (13). We do not collect Personal Information from any person that we know to be under the age of thirteen (13) without permission from a parent or guardian.

Privacy Outside the Website
The Website may contain links to other websites, including links to websites of third party service providers. FNF is not and cannot be responsible for the privacy practices or the content of any of those other websites.

International Users
Because FNF's headquarters is located in the United States, we may transfer your Personal Information and/or Browsing
Information to the United States. By using our website and providing us with your Personal Information and/or Browsing Information, you understand and consent to the transfer, processing and storage of such information outside your country of residence, as well as the fact that we will handle such information consistent with this Privacy Notice.

Do Not Track Disclosures
Currently, our policy is that we do not recognize "do not track" requests from Internet browsers and similar devices.

The California Online Privacy Protection Act
For some websites which FNF or one of its companies owns, such as the Customer CareNet ("CCN"), FNF is acting as a third party service provider to a mortgage loan servicer. In those instances, we may collect certain information on behalf of that mortgage loan servicer, including:
• first and last name;
FNF Privacy Notice
Effective: April 1, 2016
• property address;
• user name and password;
• loan number;
• social security number - masked upon entry;
• email address;
• security questions and answers; and
• IP address.

The information you submit is then transferred to your mortgage loan servicer by way of CCN. The mortgage loan servicer is responsible for taking action or making changes to any
consumer information submitted through this website. For example, if you believe that your payment or user
information is incorrect, you must contact your mortgage loan servicer.

CCN does not share consumer information with third parties, other than those with which the mortgage loan servicer has contracted to interface with the CCN application. All sections of this Privacy Notice apply to your interaction with CCN, except for the sections titled Choices with Your Information, and Access and Correction. If you have questions regarding the choices you have with regard to your personal information or how to access or correct your personal information, contact your mortgage loan servicer.

Access and Correction
To access your Personal Information in the possession of FNF us by email at
and correct any inaccuracies, please contact
[email protected] or by mail at:

Fidelity National Financial, Inc.
601 Riverside Avenue
Jacksonville, Florida 32204
Attn: Chief Privacy Officer
Your Consent To This Privacy Notice
By submitting Personal Information and/or Browsing
Information to FNF, you consent to the collection and use of information by FNF in compliance with this Privacy Notice. We reserve the right to make changes to this Privacy Notice. If we change this Privacy Notice, we will post the revised version on the Website.

Contact FNF
Please send questions and/or comments related to this Privacy Notice by email at [email protected] or by mail at:

Fidelity National Financial, Inc.
601 Riverside Avenue
Jacksonville, Florida 32204
Attn: Chief Privacy Officer
Copyright © 2016. Fidelity National Financial, Inc.

All Rights Reserved.

EFFECTIVE AS OF APRIL 1, 2016

Notice of Available Discounts
Pursuant to Section 2355.3 in Title 10 of the California Code of Regulations Fidelity National Financial, Inc. and its subsidiaries ("FNF") must deliver a notice of each discount available under our current rate filing along with the delivery of escrow instructions, a preliminary report or commitment. Please be aware that the provision of this notice does not constitute a waiver of the consumer's right to be charged the field rate. As such, your transaction may not qualify for the below discounts.

You are encouraged to discuss the applicability of one or more of the below discounts with a Company representative. These discounts are generally described below; consult the rate manual for a full description of the terms, conditions and requirements for each discount. These discounts only apply to transaction involving services rendered by the FNF Family of Companies. This notice only applies to transactions involving property improved with a one -to -four family residential dwelling.

FNF Underwritten Title Comvanv
FNTC - Fidelity National Title Company
FNTCCA —Fidelity National Title Company of California
FNF Underwriter
FNTIC - Fidelity National Title Insurance Company
Available Discounts

CREDIT FOR PRELIMINARY REPORTS AND/OR COMMITMENTS ON SUBSEQUENT POLICIES (FNTIC) Where no major change in the title has occurred since the issuance of the original report or commitment, the order may be reopened within 12 or 36 months and all or a portion of the charge previously paid for the report or commitment may be credited on a subsequent policy charge.

DISASTER LOANS (FNTIC)
The charge for a lender's Policy (Standard or Extended coverage) covering the financing or refinancing by an owner of record, within 24 months of the date of a declaration of a disaster area by the government of the United States or the State of California on any land located in said area, which was partially or totally destroyed in the disaster, will be 50% of the appropriate title insurance rate.

CHURCHES OR CHARITABLE NON-PROFIT ORGANIZATIONS (FNTIC) On properties used as a church or for charitable purposes within the scope of the normal activities of such entities, provided said charge is normally the church's obligation the charge for an owner's policy shall be 50% to 70% of the appropriate title insurance rate, depending on the type of coverage selected. The charge for a lender's policy shall be 40% to 50% of the appropriate title insurance rate, depending on the type of coverage selected.

CA Discount Notice Effective Date: 12/02/2014

ATTACHMENT ONE

CALIFORNIA LAND TITLE ASSOCIATION
STANDARD COVERAGE POLICY —1990

EXCLUSIONS FROM COVERAGE
The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys' fees or expenses which arise by reason of:

1. (a) Any law, ordinance or governmental regulation (including but not limited to building or zoning laws, ordinances, or regulations) restricting, regulating, prohibiting or relating (i) the occupancy, use, or enjoyment of the land; (ii) the character, dimensions or location of any improvement now or hereafter erected on the land; (iii) a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a part; or (iv) environmental protection, or the effect of any violation of these laws, ordinances or governmental regulations, except to the extent that a notice of the enforcement thereof or a notice of a defect, lien, or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy.
(b) Any governmental police power not excluded by (a) above, except to the extent that a notice of the exercise thereof or notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy.

2. Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy, but not excluding from coverage any taking which has occurred prior to Date of Policy which would be binding on the rights of a purchaser for value without knowledge.

3. Defects, liens, encumbrances, adverse claims or other matters:
(a) whether or not recorded in the public records at Date of Policy, but created, suffered, assumed or agreed to by the insured claimant;
(b) not known to the Company, not recorded in the public records at Date of Policy, but known to the insured claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy;
(c) resulting in no loss or damage to the insured claimant; (d) attaching or created subsequent to Date of Policy; or (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the insured mortgage or for the estate or interest insured by this policy.

4. Unenforceability of the lien of the insured mortgage because of the inability or failure of the insured at Date of Policy, or the inability or failure of any subsequent owner of the indebtedness, to comply with the applicable doing business laws of the state in which the land is situated.

5. Invalidity or unenforceability of the lien of the insured mortgage, or claim thereof, which arises out of the transaction evidenced by the insured mortgage and is based upon usury or any consumer credit protection or truth in lending law.

6. Any claim, which arises out of the transaction vesting in the insured the estate of interest insured by this policy or the transaction creating the interest of the insured lender, by reason of the operation of federal bankruptcy, state insolvency or similar creditors' rights laws.

EXCEPTIONS FROM COVERAGE - SCHEDULE B, PART I
This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) which arise by reason of:

1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records.

Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the public records.

2. Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained by an inspection of the land or which may be asserted by persons in possession thereof.

3. Easements, liens or encumbrances, or claims thereof, not shown by the public records.

4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by the public records.

5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b) or (c) are shown by the public records.

6. Any lien or right to a lien for services, labor or material not shown by the public records.

CLTA HOMEOWNER'S POLICY OF TITLE INSURANCE (12-02-13)

ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE

EXCLUSIONS
In addition to the Exceptions in Schedule B, You are not insured against loss, costs, attorneys' fees, and expenses resulting from:

1. Governmental police power, and the existence or violation of those portions of any law or government regulation concerning:
a. building;
b. zoning;
c. land use;
Attachment One (6-5-14) CA & NV

d. improvements on the Land;
e. land division; and
f. environmental protection.

This Exclusion does not limit the coverage described in Covered Risk 8.a., 14, 15, 16, 18, 19, 20, 23 or 27.

2. The failure of Your existing structures, or any part of them, to be constructed in accordance with applicable building codes. This Exclusion does not limit the coverage described in Covered Risk 14 or 15.

3. The right to take the Land by condemning it. This Exclusion does not limit the coverage described in Covered Risk 17.

4. Risks:
a. that are created, allowed, or agreed to by You, whether or not they are recorded in the Public Records; b. that are Known to You at the Policy Date, but not to Us, unless they are recorded in the Public Records at the Policy Date;
c. that result in no loss to You; or
d. that first occur after the Policy Date - this does not limit the coverage described in Covered Risk 7, 8.e., 25, 26, 27 or

28. 5. Failure to pay value for Your Title.

6. Lack of a right:
a. to any land outside the area specifically described and referred to in paragraph 3 of Schedule A; and b. in streets, alleys, or waterways that touch the Land.

This Exclusion does not limit the coverage described in Covered Risk 11 or 21.

7. The transfer of the Title to You is invalid as a preferential transfer or as a fraudulent transfer or conveyance under federal bankruptcy, state insolvency, or similar creditors' rights laws.

8. Contamination, explosion, fire, flooding, vibration, fracturing, earthquake, or subsidence.

9. Negligence by a person or an Entity exercising a right to extract or develop minerals, water, or any other substances.

LIMITATIONS ON COVERED RISKS
Your insurance for the following Covered Risks is limited on the Owner's Coverage Statement as follows:
• For Covered Risk 16, 18, 19, and 21 Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A.

The deductible amounts and maximum dollar limits shown on Schedule A are as follows:

Covered Risk 16:

Covered Risk 18:

Covered Risk 19:

Covered Risk 21:

Our Maximum Dollar
Your Deductible Amount Limit of Liability

1.00% % of Policy Amount Shown in Schedule A or
$2,500.00 (whichever is less) $ 10,000.00

1.00% % of Policy Amount Shown in Schedule A or
$5,000.00 (whichever is less) $ 25,000.00

1.00% of Policy Amount Shown in Schedule A or
$5,000.00 (whichever is less) $ 25,000.00

1.00% of Policy Amount Shown in Schedule A or
$2,500.00 (whichever is less) $ 5,000.00
2006 ALTA LOAN POLICY (06-17-06)

EXCLUSIONS FROM COVERAGE
The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of:

1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to
(i) the occupancy, use, or enjoyment of the Land;
(ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or
(iv) environmental protection;
or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5.
(b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6.

2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8.

3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; Attachment One (6-5-14) CA & NV

(b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy;
(c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 13 or 14); or
(e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage.

4. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing - business laws of the state where the Land is situated.

5. Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth -in -lending law.

6. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is
(a) a fraudulent conveyance or fraudulent transfer, or
(b) a preferential transfer for any reason not stated in Covered Risk 13(b) of this policy.

7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the Insured Mortgage in the Public Records. This Exclusion does not modify or limit the coverage provided under Covered Risk 11(b).

The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage:

EXCEPTIONS FROM COVERAGE
(Except as provided in Schedule B - Part II,( t(or T)his policy does not insure against loss or damage, and the Company will not pay costs, attorneys' fees or expenses, that arise by reason of:
(PART I
(The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage:

1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records.

2. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land.

3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records.

4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records.

5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records.

6. Any lien or right to a lien for services, labor or material not shown by the Public Records.

PART II
In addition to the matters set forth in Part I of this Schedule, the Title is subject to the following matters, and the Company insures against loss or damage sustained in the event that they are not subordinate to the lien of the Insured Mortgage:) 2006 ALTA OWNER'S POLICY (06-17-06)

EXCLUSIONS FROM COVERAGE
The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of:

1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to
(i) the occupancy, use, or enjoyment of the Land;
(ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or
(iv) environmental protection;
or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5.
(b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6.

2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8.

3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy;
(c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 9 and 10); or
Attachment One (6-5-14) CA & NV

(e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title.

4. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction vesting the Title as shown in Schedule A, is
(a) a fraudulent conveyance or fraudulent transfer; or
(b) a preferential transfer for any reason not stated in Covered Risk 9 of this policy.

5. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A.

The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage:

EXCEPTIONS FROM COVERAGE
This policy does not insure against loss or damage, and the Company will not pay costs, attorneys' fees or expenses, that arise by reason of:
(The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage:

1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records.

2. Any facts, rights, interests, or claims that are not shown in the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land.

3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records.

4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and that are not shown by the Public Records.

5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records.

6. Any lien or right to a lien for services, labor or material not shown by the Public Records.

7. (Variable exceptions such as taxes, easements, CC&R's, etc. shown here.) ALTA EXPANDED COVERAGE RESIDENTIAL LOAN POLICY (04-02-15)

EXCLUSIONS FROM COVERAGE
The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys' fees or expenses which arise by reason of:

1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to
(i) the occupancy, use, or enjoyment of the Land;
(ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or
(iv) environmental protection;
or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16.

2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8.

3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy;
(c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 16, 17, 18, 19, 20, 21, 22, 23, 24, 27 or 28); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage.

4. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing - business laws of the state where the Land is situated.

5. Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury, or any consumer credit protection or truth -in -lending law. This Exclusion does not modify or limit the coverage provided in Covered Risk 26.

6. Any claim of invalidity, unenforceability or lack of priority of the lien of the Insured Mortgage as to Advances or modifications made after the Insured has Knowledge that the vestee shown in Schedule A is no longer the owner of the estate or interest covered by this policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11.

7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching subsequent to Date of Policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11(b) or 25.

Attachment One (6-5-14) CA & NV

8. The failure of the residential structure, or any portion of it, to have been constructed before, on or after Date of Policy in accordance with applicable building codes. This Exclusion does not modify or limit the coverage provided in Covered Risk 5 or 6.

9. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is
(a) a fraudulent conveyance or fraudulent transfer, or
(b) a preferential transfer for any reason not stated in Covered Risk 27(b) of this policy.

10. Contamination, explosion, fire, flooding, vibration, fracturing, earthquake, or subsidence.

11. Negligence by a person or an Entity exercising a right to extract or develop minerals, water, or any other substances.

Attachment One (6-5-14) CA & NV

339-39
36 MARCH 1978
PLACENTIA TOWNSITE M.M. 6-38
BRADFORD'S R£SUB. M.M. 8-65
P.. of title insure= le express" y modified by endorsement, X any. Me Company does no. Wawa Omens...Nixes, Wet. of miaow. acreage 010.1.1311. ShOWn Inereon.

NOTE — ASSESSOR'S BLOCK 8

PARCEL NUMBERS

SHOWN IN CIRCLES

ASSESSOR'S MAP
BOOK 339 PAGE 39

COUNTY OF ORANGE
1' = 100'

OWNER'S DECLARATION
The undersigned hereby declares as follows:

1. (Fill in the applicable paragraph and strike the other) a. Declarant ("Owner") is the owner or lessee, as the case may be, of certain premises located at further described as follows: See Preliminary Report/Commitment No. 25003384-989-989-SG4 for full legal description (the "Land").
b. Declarant is the of
("Owner"), which is the owner or lessee, as the case may be, of certain premises located at further described as follows: See Preliminary Report/Commitment No. 25003384-989-989-SG4 for full legal description (the "Land").

2. (Fill in the applicable paragraph and strike the other) a. During the period of six months immediately preceding the date of this declaration no work has been done, no surveys or architectural or engineering plans have been prepared, and no materials have been furnished in connection with the erection, equipment, repair, protection or removal of any building or other structure on the Land or in connection with the improvement of the Land in any manner whatsoever. b. During the period of six months immediately preceding the date of this declaration certain work has been done and materials furnished in connection with upon
the Land in the approximate total sum of $ . but no work whatever remains to be done and no materials remain to be furnished to complete the construction in full compliance with the plans and specifications, nor are there any unpaid bills incurred for labor and materials used in making such improvements or repairs upon the Land, or for the services of architects, surveyors or engineers, except as follows: . Owner,
by the undersigned Declarant, agrees to and does hereby indemnify and hold harmless Fidelity National Title Company against any and all claims arising therefrom.

3. Owner has not previously conveyed the Land; is not a debtor in bankruptcy (and if a partnership, the general partner thereof is not a debtor in bankruptcy); and has not received notice of any pending court action affecting the title to the Land.

4. Except as shown in the above -referenced Preliminary Report/Commitment, there are no unpaid or unsatisfied mortgages, deeds of trust, Uniform Commercial Code financing statements, regular assessments, special assessments, periodic assessments or any assessment from any source, claims of lien, special assessments, or taxes that constitute a lien against the Land or that affect the Land but have not been recorded in the public records. There are no violations of the covenants, conditions and restrictions as shown in the above -referenced Preliminary Report/Commitment.

5. The Land is currently in use as occupy/occupies the Land; and the following are all of the leases or other occupancy rights affecting the Land:

6. There are no other persons or entities that assert an ownership interest in the Land, nor are there unrecorded easements, claims of easement, or boundary disputes that affect the Land.

7. There are no outstanding options to purchase or rights of first refusal affecting the Land.

This declaration is made with the intention that Fidelity National Title Company (the "Company") and its policy issuing agents will rely upon it in issuing their title insurance policies and endorsements. Owner, by the undersigned Declarant, agrees to indemnify the Company against loss or damage (including attorneys fees, expenses, and costs) incurred by the Company as a result of any untrue statement made herein.

I declare under penalty of perjury that the foregoing is true and correct and that this declaration was executed on at Signature:

MISCO220.doc — Owner's Declaration (Rev. 05/05/15)

Fidelity National Title'
4-10 BUILDER SERVICES
2365 Northside Drive, Suite 600
San Diego, CA 92108
Phone: (619) 521-3500
Fax: (619) 521-3608
Issuing Policies of Chicago Title Insurance Company
ORDER NO.: 00188224-996-SDI-CF2
City of Placentia
401 E. Chapman Ave.

Placentia, CA 92870
ATTN: Jeannette Ortega
Email: [email protected]
REF:

Main Office Line: (619) 521-3500
Title Officer: Ken Cyr & Mark Franklin
Title Officer Phone: (619) 521-3673
Title Officer Fax: (619) 521-3608
Title Officer Email: [email protected]
PROPERTY: 314 BAKER STREET, PLACENTIA, CA

PRELIMINARY REPORT
In response to the application for a policy of title insurance referenced herein, Chicago Title Company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a policy or policies of title insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an exception herein or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations or Conditions of said policy forms.

The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said policy or policies are set forth in Attachment One. The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner's Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Attachment One.

Copies of the policy forms should be read. They are available from the office which issued this report.

This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested.

The policy(s) of title insurance to be issued hereunder will be policy(s) of Chicago Title Insurance Company, a Florida corporation.

Please read the exceptions shown or referred to herein and the exceptions and exclusions set forth in Attachment One of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered.

It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects and encumbrances affecting title to the land.

CLTA Preliminary Report Form — Modified (11/17/06) Page 1

Chicago Title Company
By:

Authorized Signature
By:

Michael j. Nolan
President
ATTEST:QL/.i
1/Marjorie Ncrnzura
Secretary
CLTA Preliminary Report Form — Modified (11/17/06) Page 2

Fidelity National Title
i110 BUILDER SERVICES
EFFECTIVE DATE:

PRELIMINARY REPORT
January 17, 2023 at 7:30 a.m.

ORDER NO.: 00188224-996-SD1-CF2
The form of policy or policies of title insurance contemplated by this report is:

A Preliminary Report Only
2365 Northside Drive, Suite 600
San Diego, CA 92108
Phone: (619) 521-3500
Fax: (619) 521-3608

1. THE ESTATE OR INTEREST IN THE LAND HEREINAFTER DESCRIBED OR REFERRED TO COVERED BY THIS REPORT IS:

A FEE

2. TITLE TO SAID ESTATE OR INTEREST AT THE DATE HEREOF IS VESTED IN:

PLACENTIA REDEVELOPMENT AGENCY

3. THE LAND REFERRED TO IN THIS REPORT IS DESCRIBED AS FOLLOWS:

See Exhibit A attached hereto and made a part hereof.

CLTA Preliminary Report Form — Modified (11/17/06) Page 3

PRELIMINARY REPORT Chicago Title Company
YOUR REFERENCE: ORDER NO.: 00188224-996-SD1-CF2
EXHIBIT "A"

LEGAL DESCRIPTION

THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF PLACENTIA, IN THE COUNTY OF ORANGE, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS:

LOT 25 IN BLOCK "B" OF BRADFORD'S RESUBDIVISION OF BLOCKS "H" AND "I" OF THE TOWNSITE OF

PLACENTIA, IN THE CITY OF PLACENTIA, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 8, PAGE 65 OF MISCELLANEOUS MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY.

APN: 339-391-14
CLTA Preliminary Report Form — Modified (11/17/06) Page 4

PRELIMINARY REPORT Chicago Title Company
YOUR REFERENCE: ORDER NO.: 00188224-996-SD1-CF2

EXCEPTIONS

AT THE DATE HEREOF, ITEMS TO BE CONSIDERED AND EXCEPTIONS TO COVERAGE IN ADDITION TO THE PRINTED EXCEPTIONS AND EXCLUSIONS IN SAID POLICY FORM WOULD BE AS FOLLOWS:

A. Property taxes, which are a lien not yet due and payable, including any assessments collected with taxes to be levied for the fiscal year 2023-2024.

B. The lien of supplemental or escaped assessments of property taxes, if any, made pursuant to the provisions of Chapter 3.5 (commencing with Section 75) or Part 2, Chapter 3, Articles 3 and 4, respectively, of the Revenue and Taxation Code of the State of California as a result of the transfer of title to the vestee named in Schedule A or as a result of changes in ownership or new construction occurring prior to Date of Policy.

1. Water rights, claims or title to water, whether or not disclosed by the public records.

2. Easement(s) for the purpose(s) shown below and rights incidental thereto as set forth in a document:

Purpose: Pipelines
Recording No: Book 256, Page 66 of Deeds
Affects: That portion of said land described therein.

Reference is hereby made to said document for full particulars.

3. Any claim that the transaction vesting the Title as shown in Schedule A or creating the lien of the Insured Mortgage, or any other transaction occurring on or prior to Date of Policy in which Placentia Redevelopment Agency or its successors transferred, acquired, or made any agreement affecting the title to or any interest in the Land, is void or voidable, or subject to termination, renegotiation, or judicial review, under California Assembly Bill 26 (Chapter 5, Statutes of 2011-12, First Extraordinary Session) and California Assembly Bill 1484 (Chapter 26, Statutes of 2011-12), as presently amended.

4. The transaction contemplated in connection with this Report is subject to the review and approval of the Company's Corporate Underwriting Department. The Company reserves the right to add additional items or make further requirements after such review.

5. Please be advised that our search did not disclose any open Deeds of Trust of record. If you should have knowledge of any outstanding obligation, please contact the Title Department immediately for further review prior to closing.

6. Any easements not disclosed by the public records as to matters affecting title to real property, whether or not said easements are visible and apparent.

7. Matters which may be disclosed by an inspection and/or by a correct ALTA/NSPS Land Title Survey of said Land that is satisfactory to the Company, and/or by inquiry of the parties in possession thereof.

CLTA Preliminary Report Form — Modified (11/17/06) Page 5

PRELIMINARY REPORT Chicago Title Company
YOUR REFERENCE: ORDER NO.: 00188224-996-SD1-CF2

EXCEPTIONS
(Continued)

8. Any rights of the parties in possession of a portion of, or all of, said Land, which rights are not disclosed by the public records.

The Company will require, for review, a full and complete copy of any unrecorded agreement, contract, license and/or lease, together with all supplements, assignments and amendments thereto, before issuing any policy of title insurance without excepting this item from coverage.

The Company reserves the right to except additional items and/or make additional requirements after reviewing said documents.

PLEASE REFER TO THE "INFORMATIONAL NOTES" AND "REQUIREMENTS" SECTIONS WHICH FOLLOW FOR INFORMATION NECESSARY TO COMPLETE THIS TRANSACTION.

END OF EXCEPTIONS
CLTA Preliminary Report Form — Modified (11/17/06) Page 6

PRELIMINARY REPORT Chicago Title Company
YOUR REFERENCE: ORDER NO.: 00188224-996-SD1-CF2

REQUIREMENTS SECTION

1. Furnish for review a full and complete copy of any unrecorded agreement, contract, license and/or lease together with all supplements, assignments and amendments thereto, prior to the close of this transaction.

The Company reserves the right to add additional items or make further requirements after review of the requested documentation.

2. This Company will require evidence of compliance with the statutory limitations incident to the governmental agency named below, with reference to any conveyance of an interest in the Land this Company will be asked to record and/or rely upon in the issuance of any form of title insurance.

Governmental agency: PLACENTIA REDEVELOPMENT AGENCY

3. Unrecorded matters which may be disclosed by an Owner's Affidavit or Declaration. A form of the Owner's Affidavit/Declaration is attached to this Preliminary Report/Commitment. This Affidavit/Declaration is to be completed by the record owner of the land and submitted for review prior to the closing of this transaction. Your prompt attention to this requirement will help avoid delays in the closing of this transaction. Thank you.

The Company reserves the right to add additional items or make further requirements after review of the requested Affidavit/Declaration.

END OF REQUIREMENTS
CLTA Preliminary Report Form — Modified (11/17/06) Page 7

PRELIMINARY REPORT Chicago Title Company
YOUR REFERENCE: ORDER NO.: 00188224-996-SD1-CF2

INFORMATIONAL NOTES SECTION

1. None of the items shown in this report will cause the Company to decline to attach ALTA Endorsement Form 9 to an Extended Coverage Loan Policy, when issued.

2. The Company is not aware of any matters which would cause it to decline to attach CLTA Endorsement Form 116 indicating that there is located on said Land Commercial properties, known as 314 Baker Street, located within the city of Placentia, California, , to an Extended Coverage Loan Policy.

3. Note: The policy of title insurance will include an arbitration provision. The Company or the insured may demand arbitration. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the insured arising out of or relating to this policy, any service of the Company in connection with its issuance or the breach of a policy provision or other obligation. Please ask your escrow or title officer for a sample copy of the policy to be issued if you wish to review the arbitration provisions and any other provisions pertaining to your Title Insurance coverage.

4. Notice: Please be aware that due to the conflict between federal and state laws concerning the cultivation, distribution, manufacture or sale of marijuana, the Company is not able to close or insure any transaction involving Land that is associated with these activities.

5. Pursuant to Government Code Section 27388.1, as amended and effective as of 1-1-2018, a Documentary Transfer Tax (DTT) Affidavit may be required to be completed and submitted with each document when DTT is being paid or when an exemption is being claimed from paying the tax. If a governmental agency is a party to the document, the form will not be required. DTT Affidavits may be available at a Tax Assessor -County Clerk -Recorder.

6. The following Exclusion(s) are added to preliminary reports, commitments and will be included as an endorsement in the following policies:

A. 2006 ALTA Owner's Policy (06-17-06).

6. Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the Public Records but that would be disclosed by an examination of any records maintained by or on behalf of a Tribe or on behalf of its members.

B. 2006 ALTA Loan Policy (06-17-06).

8. Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the Public Records but that would be disclosed by an examination of any records maintained by or on behalf of a Tribe or on behalf of its members.

9. Any claim of invalidity, unenforceability, or lack of priority of the lien of the Insured Mortgage based on the application of a Tribe's law resulting from the failure of the Insured Mortgage to specify State law as the governing law with respect to the lien of the Insured Mortgage.

C. ALTA Homeowner's Policy of Title Insurance (12-02-13) and CLTA Homeowner's Policy of Title Insurance (12-02-13).

10. Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the Public Records but that would be disclosed by an examination of any records maintained by or on behalf of a Tribe or on behalf of its members.

D. ALTA Expanded Coverage Residential Loan Policy - Assessments Priority (04-02-15).

12. Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the Public Records but that would be disclosed by an examination of any records maintained by or on behalf of a Tribe or on behalf of its members.

13. Any claim of invalidity, unenforceability, or lack of priority of the lien of the Insured Mortgage based on the application of a Tribe's law resulting from the failure of the Insured Mortgage to specify State law as the governing law with respect to the lien of the Insured Mortgage.

CLTA Preliminary Report Form — Modified (11/17/06) Page 1

PRELIMINARY REPORT Chicago Title Company
YOUR REFERENCE: ORDER NO.: 00188224-996-SD1-CF2

INFORMATIONAL NOTES
(Continued)
E. CLTA Standard Coverage Policy 1990 (11-09-18).

7. Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the public records but that would be disclosed by an examination of any records maintained by or on behalf of a tribe or on behalf of its members.

8. Any claim of invalidity, unenforceability, or lack of priority of the lien of the insured mortgage based on the application of a tribe's law resulting from the failure of the insured mortgage to specify state law as the governing law with respect to the lien of the insured mortgage.

7. Note: There are NO conveyances affecting said Land recorded within 24 months of the date of this report.

END OF INFORMATIONAL NOTES
Ken Cyr & Mark Franklin/gp
CLTA Preliminary Report Form — Modified (11/17/06) Page 2

MIRESAFE_
Inquire before you wire!
Wire Fraud Alert
This Notice is not intended to provide legal or professional advice. If you have any questions, please consult with a lawyer.

All parties to a real estate transaction are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email, without further verification. If funds are to be wired in conjunction with this real estate transaction, we strongly recommend verbal verification of wire instructions through a known, trusted phone number prior to sending funds.

In addition, the following non-exclusive self-protection strategies are recommended to minimize exposure to possible wire fraud.
• NEVER RELY on emails purporting to change wire instructions. Parties to a transaction rarely change wire instructions in the course of a transaction.
• ALWAYS VERIFY wire instructions, specifically the ABA routing number and account number, by calling the party who sent the instructions to you. DO NOT use the phone number provided in the email containing the instructions, use phone numbers you have called before or can otherwise verify. Obtain the phone number of relevant parties to the transaction as soon as an escrow account is opened. DO NOT send an email to verify as the email address may be incorrect or the email may be intercepted by the fraudster. • USE COMPLEX EMAIL PASSWORDS that employ a combination of mixed case, numbers, and symbols. Make your passwords greater than eight (8) characters. Also, change your password often and do NOT reuse the same password for other online accounts.
• USE MULTI -FACTOR AUTHENTICATION for email accounts. Your email provider or IT staff may have specific instructions on how to implement this feature.

For more information on wire -fraud scams or to report an incident, please refer to the following links:

Federal Bureau of Investigation:
http://www.fbi.pov
Wire Fraud Alert
Original Effective Date: 5/11/2017
Current Version Date: 5/11/2017
Internet Crime Complaint Center:
http://www.ic3.ciov
TM and © Fidelity National Financial, Inc. and/or an affiliate. All rights reserved

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