OQUIRRH MOUNTAIN RANCH MPC

The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person reviewing this information to independently verify it. This package is subject to change, prior sale or complete withdrawal. UTUtah195589-3.21.19

Zachary Hartman | zhartman@landadvisors.com6443 North Business Park Loop Road, Suite 12, Park City, Utah 84098 ph. 801.573.9181 | www.landadvisors.com

PLANNED RESIDENTIAL COMMUNITY | EAGLE MOUNTAIN, UTAH

LOCATION Located West of Pony Express Parkway, South of Existing Lone Tree Subdivision and North of the proposed SITLA Master Development in Eagle Mountain, Utah

SIZE ±136 acresPRICE $7,800,000 PARCEL 58-048-0082 ZONING Residential

PLANNING AREAS & DENSITIES

DA SECTION 2.1

Planning Area Proposed Land Use Area (Acres) Development Units Max. Density Units/Acre Res. Tier

PA-1 Church Site 3.3 0 0 -

PA-2A Single-Family Detached 3.7 12 3.2 II

PA-2B Single-Family Detached Cluster 3.5 21 6 III

PA-3 Multifamily 2.2 24 10.9 III

PA-5 Multifamily 1 12 12 III

PA-6 Multifamily - Townhomes 4.8 28 5.8 III

PA-7 Single-Family Detached 17 62 3.6 II

PA-8 Multifamily 3 36 12 III

PA-9A Single-Family Detached 7.8 39 5.1 II

PA-9B Single-Family Attached - Triplex 2.5 21 8.4 III

PA-10 Multifamily 2 30 15 IV

PA-11 Single-Family Detached 16.6 61 3.7 II

TOTAL 67.4 346 5.39

UNITS REMAINING 316

2.1 PLANNING AREAS & DENSITIES

The total Project densities are as follows:

Total Land Area: 120.4 acres

Total Buildable Acres: 104.2 acres

Maximum Residential Units: 346 units

Improved Open Space: Not less than 5.5 acres fully improved; 14.2 acres partially Improved (with trails, petroglyph park, Frisbee golf, and some Improved areas; 32.4 acres improved with trails and viewing towers

The overall density of the Project may not exceed the lesser of an average of 5.3 residential units per buildable residential acre or a total of 346 residential units (the “Maximum Density”). In addition, the Property is divided into twelve planning areas (the “Planning Areas”) which permit a maximum number of units per acre within each Planning Area. The location of each of Planning Area is depicted on Exhibit “B.” The development of each Planning Area must contain improvements to meet the City’s current Tier II, Tier III or Tier IV requirements concurrent with the density for that particular Planning Area, or such other requirements as adopted by the City in the future. The City shall not issue any final subdivision plat until Developer has demonstrated how it will meet the City’s Tier II, Tier III, or Tier IV requirements for that particular Planning Area.

DA SECTION 2.2

Maximum Density. Developer shall be entitled to develop up to the Maximum Density provided that Developer has compiled with applicable provisions of the City’s Code. Developer acknowledges that the City may enact future ordinances, amendments, or other

development standards which increase or otherwise modify minimum lot size requirements, setbacks, frontage requirements, or other similar standards which relate to or have an effect on densities. Notwithstanding anything to the contrary herein, any City ordinance, amendment to the City’s Code, or other development standard enacted, implemented, regulated and/or enforced by the City on or after the date of this Agreement which has the effect of prohibiting and/or unreasonably restricting Developer’s ability to develop the vested densities set forth herein shall be inapplicable to the Property, unless the City Council, on the record, finds that a compelling, countervailing public interest would be jeopardized without applying such ordinance, amendment or standard to the Property. The City makes no guarantee or warranty that the entitled Maximum Density can be achieved, and the parties acknowledge that as development progresses certain market, infrastructure and/or other similar constraints beyond the control of the parties may be presented which could prevent the practical use of all vested densities.

ScenicMountain

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SURROUNDING AREA MAP

While the Land Advisors® Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © 2016 The Land Advisors Organization. All rights reserved.

Zachary Hartman | 801.573.9181 | www.landadvisors.com

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While the Land Advisors® Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © 2016 The Land Advisors Organization. All rights reserved.

Zachary Hartman | 801.573.9181 | www.landadvisors.com

“EXIBIT B” LAND USE MAP

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While the Land Advisors® Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © 2016 The Land Advisors Organization. All rights reserved.

Zachary Hartman | 801.573.9181 | www.landadvisors.com

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PROPERTY DETAIL MAP

While the Land Advisors® Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © 2016 The Land Advisors Organization. All rights reserved.

Zachary Hartman | 801.573.9181 | www.landadvisors.com

OQUIRRH MOUNTAIN RANCH AERIAL PHOTOS

OQUIRRH MOUNTAIN RANCH AERIAL PHOTOS

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While the Land Advisors® Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © 2016 The Land Advisors Organization. All rights reserved.

Zachary Hartman | 801.573.9181 | www.landadvisors.com

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UintaUintaNationalNationalForestForest

Wasatch National ForestWasatch National ForestUtah County

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While the Land Advisors® Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © 2016 The Land Advisors Organization. All rights reserved.

Zachary Hartman | 801.573.9181 | www.landadvisors.com

CedarFork

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While the Land Advisors® Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © 2016 The Land Advisors Organization. All rights reserved.

Zachary Hartman | 801.573.9181 | www.landadvisors.com

Lehi

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Boyer/IvoryLehi

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While the Land Advisors® Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © 2016 The Land Advisors Organization. All rights reserved.

Zachary Hartman | 801.573.9181 | www.landadvisors.com

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