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1.0 EXECUTIVE SUMMARY Consulting Associates of California (CAC) was retained by Signature Homes, Inc. (Signature -The User) to conduct a Phase I environmental site assessment (ESA) of the property identified as the Machado Property near Manteca in unincorporated San Joaquin County, California (the Site). Work for this project was conducted pursuant to Signature's request on September 6, 2022. The ESA has been prepared to document the existing conditions at the Site. The Site consists of one parcel of land which totals approximately 156 acres of land. Reportedly, the Site is will be subdivided and developed with single-family residential structures, associated streets and easements. The Site is located at the southwest corner of the intersection of South Airport Way and West Woodward Avenue near Manteca, San Joaquin County, California. At the time of the Site reconnaissance, the Site was occupied by two small residential structures and three small outbuildings in the northeast portion while the majority of the Site is used for agricultural production. Adjacent land use includes single-family residential to the north and west, agricultural to the east and south west. Historically, the Site has been used for agricultural production including oats in the winter and corn during the summer months. The Site and/or any adjacent or nearby facilities were not listed on any regulatory database as having had releases of hazardous materials or other issues that could result in impact to the soil or groundwater beneath the Site. Findings A recognized environmental condition (REC) refers to the presence or likely presence of any hazardous substances or petroleum products in, on, or at a property: due to a release to the environment; under conditions indicative of a release to the environment; or under conditions that pose a material threat of a future release to the environment. The following was identified during the course of this assessment: • This assessment has revealed no evidence of recognized environmental conditions in connection with the Site. A controlled recognized environmental condition (CREC) refers to a REC resulting from a past release hazardous substances or petroleum products that has been addressed to the satisfaction of the applicable regulatory authority, with hazardous substances or petroleum products allowed to remain in place subject to the implementation of required controls. The following was identified during the course of this assessment: