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December 14, 2020 Project No. 20-6235 Page 1 EXECUTIVE SUMMARY AdvancedGeo Arr Employee -Owned Co"any AdvancedGeo, Inc. (AGI) conducted this Phase I Environmental Site Assessment for the property located at 3009 Pock Lane, Stockton, San Joaquin County, California (subject property or property) in conformance with the scope and limitations of ASTM Standard Practice E1527-13, the Environmental Protection Agency Standards and Practices for All Appropriate Inquiries 'AAI' (40 CFR Part 312). PROPERTY USE The subject property is an undeveloped 23 -acre parcel in Stockton, California. Based on a review of historical documents, the property was used agriculturally from at least 1937 to the early 2000's. A residence was located on the property during the same time period. The property has since been vacant and undeveloped when all structures were removed. The subject property has been vacant and undeveloped since the early 2000's. FINDINGS Based on the standards set by ASTM Standard Practice E1527-13, a recognized environmental condition (REC) is the presence or likely presence of any hazardous substances or petroleum products in, on, or at a property: (1) due to release to the environment; (2) under conditions indicative of a release to the environment; or (3) under conditions that pose a material threat of a future release to the environment. Conditions that are determined to be de minimis, which do not present a threat to human health or the environment and that generally would not be the subject of an enforcement action if brought to the attention of appropriate governmental agencies, are not recognized environmental conditions. Conditions that are considered Business Environmental Risk include the presence of asbestos -containing materials, lead-based paint, mold or moisture conditions, or non -hazardous regulated materials. The standard further identifies historical RECs and controlled RECs. An historical REC (HREC) is a past release of any hazardous substances or petroleum products that has occurred in connection with the property and has been addressed to the satisfaction of the applicable regulatory authority or meeting unrestricted use criteria established by a regulatory authority, without subjecting the property to any required controls. A controlled REC (CREC) is a REC resulting from a past release of 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 findings are differentiated below as Business Environmental Risks and de minimis conditions unlikely to be subject to government enforcement, HRECs, CRECs and RECs. BUSINESS ENVIRONMENTAL RISKS This assessment has revealed no evidence of Business Environmental Risks in connection with the subject property. DE MINIMIS CONDITIONS This assessment revealed no evidence of potential or de minimis conditions in connection with the subject property.