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LFR Inc. 1.0 EXECUTIVE SUMMARY LFR Inc. (LFR) has prepared this Phase I Environmental Site Assessment(ESA) with Limited Soil Sampling for the property consisting of multiple parcels encompassing approximately 17 acres located northwest of Lower Sacramento Road in San Joaquin County, California (the "Site"). The Site is currently undeveloped vacant land. This Phase I ESA has been conducted in accordance with the current version of the American Society for Testing and Materials (ASTM) Standard Practice for Environmental Site Assessments, Phase I Environmental Site Assessment Process (E 1527-05). The purpose is intended to allow the user to complete an "all appropriate inquiry" ("AAI") under the AAI Rule promulgated by the Environmental Protection Agency to satisfy requirements to qualify for the "landowner liability protections" (LLPs) limitations on Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) liability, if applicable. The objective of the ESA is to identify recognized environmental conditions (RECs) in connection with the Site pursuant to the processes prescribed in the ASTM E-1527-05 guidelines and the AAI Rule. Findings The Site consists of approximately 17 acres of undeveloped vacant land located northwest of Lower Sacramento Road just north of Stockton in San Joaquin County, California. The Site consists of the majority of four parcels designated by San Joaquin County Assessor's Office as Assessor Parcel Numbers (APN) 070-560-47, 070-570-13, the majority of 070-140-28, and 070-140-10. Prior to initiation of this Phase I ESA, the two warehouse buildings located on APN 070-140-028 were separated from the assessment by the Client. LFR was informed that these buildings will be separated from the transaction. Therefore, the southeast portion of this parcel is not included as part of this Phase I ESA. Based on LFR's historical research, the majority of the Site has been undeveloped vacant land or farm land from the earliest record reviewed (1910). Based upon aerial /� photographic review, the western boundary was developed with a farm type structure (` from at least 1957 to 1982. It is possible that a septic system may have been associated with this former structure. At the time of the site reconnaissance, chain-link fencing was observed along the north (i•/, and west site boundaries. The topography of the Site consisted of gentle rolling hills. LFR observed a man-made storm water collection basin approximately 300 feet long by i 100 feet wide at the approximate center of the Site. The storm collection basin was `! developed to retain storm water runoff from the commercial and warehouse park located immediately southeast of the Site off Grider Road. The majority of the Site was covered with seasonal grasses, debris piles (resembling landscaping debris and/or typical household debris), and numerous scattered soil L` 003-09246,00 Lo rSe rre wRoad rLHom Pha I FSA:cIh Page 1