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EXHIBIT"B" <br /> PLYMOUTH OAKS 2, LLC <br /> VARIANCE FINDINGS <br /> (VR-� <br /> BACKGROUND STATEMENT <br /> The existing Plymouth Oaks Condominium Project was approved by the San Joaquin <br /> County Planning Commission on September 21, 2006 as a twenty-three (23) unit condominium <br /> project(PA-0600432). Thirteen of the units have been built and are occupied. <br /> The project cannot be financed as a single lot condominium project as a result of the <br /> current financial crisis. The existing thirteen (13) units which have been built are being rented. <br /> No financing is available for condominiums and the project must be revised to a single family <br /> twenty-three (23) lot subdivision to be financeable and to be finished. The existing economic <br /> crisis requires a map revision to a twenty-three (23) lot single family residential project. <br /> I <br /> I <br /> 1 <br />