Peterson Sites Ranch ±3,690 ACRES

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1 To Redding Maxwell To Sacramento Sites-Maxwell Road Peterson Road Sites-Lodoga Road GLENN COUNTY Picturesque Antelope Valley Ranch Located Within Proposed Sites Reservoir N FOR MORE INFORMATION CONTACT: PETER NIXON Lic peter.nixon@cbre.com KRIS RILEY Lic kris.riley@cbre.com CBRE, Inc Eureka Road Suite 100 Roseville, CA Visit the property website:

2 THE PROPERTY Peterson Sites Ranch is a spectacular ±3,690 acre ranch that spans the Antelope Valley at the Colusa-Glenn Counties line. The interior of the ranch contains a secluded valley home site, and ranch headquarters. The ridgelines provide stunning 360 views that include the Sutter Buttes and Sacramento Valley. THE RANCH As a cattle ranch, the property provides ideal winter grazing, enhanced by ±300 acres of the valley floor which is traditionally dry land farmed, tilled, seeded, and cut in the spring. Portions of the property may be suitable for permanent crops if existing wells can be improved, or additional producing wells can be dug. The ranch is currently leased for cattle in conjunction with neighboring properties. The property is completely within the Williamson Act. PRICE: $4,300,000 (±$1,165/ACRE) THE SITES RESERVOIR PROJECT It has long been recognized that the Antelope Valley, around the small community of Sites, is an ideal location for a reservoir. In fact, the California Dept. of Water Resources has been conducting research and studies for a proposed Sites Reservoir since At a projected cost of between $3.8 to $4.0 billion, the Sites Reservoir is an off-stream water storage, and management project designed to partially off-set California s water deficit. The reservoir would inundate ±14,000 acres to provide approximately 1.9 million acre feet of storage capacity. The water bond initiative to partially fund the Sites Reservoir - Proposition 1 goes to California voters on November 4, Proposition 1 contains ±$2.7 billion for surface water storage, with Sites Reservoir considered the most promising storage project in the State. There is bipartisan support for the bond, and polls show voters to be favoring the measure by a wide margin. The combined funding of the bond initiative, and water user contributions, are believed to be sufficient to build the reservoir. The Sites Reservoir has never been closer to becoming a reality than it is today. SITES RESERVOIR & PETERSON SITES RANCH The proposed reservoir would flood ±2,100 acres of Peterson Sites Ranch. Another ±200 acres along the western side of the ranch would fall within the proposed Peninsula Hills Recreation Area. The balance of the property, ±1,390 acres, falls within three main areas above the flood zone and outside the recreation zone. The remaining land would include long stretches of shoreline, and adjacency to the recreation area. THE OPPORTUNITY At ±$1, per acre, the pricing of Peterson Sites Ranch is based upon the current agricultural value of the property. The potential agricultural upside of the property from developing sources of water and planting permanent crops is significant. Additionally, the proposed Sites Reservoir project could represent a tremendous upside opportunity. Acreage that is not sold for the reservoir should benefit from the recreation and scenic opportunities created by the reservoir, the extension of roads and utilities, and potential, future water availability. Both agricultural and non-agricultural uses may be enhanced on lands outside the reservoir. FOR MORE INFORMATION CONTACT: PETER NIXON Lic peter.nixon@cbre.com KRIS RILEY Lic kris.riley@cbre.com CBRE, Inc Eureka Road Suite 100 Roseville, CA Visit the property website:

3 Peterson Sites Ranch

4 Proposed Sites Reservoir Property boundaries are approximate

5 Central Canal GLENN COUNTY Dry Land Farmed Antelope Valley Floor Grapevine Creek Homes and Barns Funks Creek ±3,690 ACRES Peterson Road N

6 Peterson Sites Ranch ±3,690 ACRES GLENN COUNTY Grapevine Creek Funks Creek ±3,690 ACRES

7 PARCEL MAP COMPOSITE GLENN COUNTY GLENN COUNTY

8 SOIL SURVEY MAP 2014 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners