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BUCKEYE RANCH - PROJECT DESCRIPTION PAGE 3 DEED OF CONSERVATION EASEMENT The Owner of the property is preparing a Deed of Conservation Easement in conjunction with persons and groups who have an interest in preserving the environmental values of the property (Exhibit 6). The conservation group, tentatively identified as The Nature Conservancy, would act as the long-term steward to preserve and protect in perpetuity the riparian forest habitat and other natural features of the property. The easement would restrict uses of the property that would interfere with the protection of the natural features and values of the property. Also, the easement will provide for activities that would enhance the property. General public access is not contemplated, with the intent being that the property continue to function as a nature preserve. Certain use zones will be dedicated on the property (Exhibit 7 is the Preliminary Site Plan): A. Residential Use Zones 26 single-family homesites (minimum 1 acre) B. Golf Course Zone - 18-hole private golf course and driving range - Clubhouse, maintenance and storage facilities - Paths and bridges - Common recreational facilities complex C. Equestrian Complex Zone - Barn and stable - Pasture - Fenced areas and training facilities for horses - Bridle trails through property D. Roadway and Public Utility Zones Vehicular roadways and public utility easements to service the homesites, golf course, and equestrian complex E. Agriculture Zone Existing vineyard under lease to previous owners for their lifetime F. Natural Zone (balance of property) - Lake and marsh development and management - Mokelumne River bank management - Forest management > Reforestation - Savannah management > Re-establishment of native grasses and plants