PROJECT OVERVIEW

PROJECT OVERVIEW

PROJECT NAME:	FEATHER RIVER SPORTING ESTATE
LOCATION:	Lake Oroville, California, County of Butte
OWNER/DEVELOPER:	Robert M. Taylor 505 South Villa Real, Suite 201 Anaheim Hills, CA 92807

Owner is flexible to sell project, in total or part, joint venture or lease. Buyer or Partner must show expertise and financial integrity with the resolve to develop a quality product that will meet the financial test of time.

DEVELOPMENT TYPE:

A mixed-use master planned community

Resort time share is also a strong possibility
PROJECT AREA:1,203 acres - 172 acres contained in Specific Plan

DEVELOPMENT PHASING: Phase 1 and 2

STATUS OF PHASE 1: Phase 1 has been approved by County of Butte

STATUS OF PHASE 2: Phase 2

LAND USE - PHASE 1:

72-Room Resort Hotel

Wellness Center

32-Unit Condominiums

44-Unit Duplex Townhouses

Office and Commercial

Single Family Lots

5-Acre Park

LAND USE - PHASE 2:

18-Hole Golf Course

Recreational Vehicle Park

Residential Estates

Equestrian Center

APPROVAL OBTAINED - PHASE 1

Specific Plan Approved
General Plan Amendment and Re-Zone Approved
EIR Approved

ESTIMATED INFRASTRUCTURE COSTS: $4,271,000

AVERAGE ESTIMATED INFRASTRUCTURE COST PER LOT (192 Lots): $22,290

COUNTY FEES (BUILDER FEES ESTIMATED):

Sheriff $ 360/Lot
Traffic $ 750/Lot
Water $1,800/Lot
Sewer $1,500/Lot