STERLING RANCH - Sterling Ranch Castaic LA County 205.17 Acres of Residential Land in Castaic, CA 91384

Sterling Ranch will feature 222 single family detached lots with 7,000 SF minimum lot sizes and average lot sizes of 10,00 SF or greater on approximately 113.9 gross acres. Location Offering beautiful hillside/open space views, the property is located immediately south and west of the intersection of Hasley Canyon Road and Del Valle Road in the Castaic/Val Verde Area of unincorporated area of Los Angeles County. The subject site is conveniently located approx. 1.5 miles west of Interstate 5 via Hasley Canyon exit and approx. 2 miles north of the Hwy 126 freeway at Chiquito Canyon exit. The project is strategically located within 500 feet of the IAC & Valencia Commerce Centers which consists of 10 million square feet of Industrial, High-Tech and Office Buildings. The project is located approx. 1/4 mile of the northern boundary of Newhall Ranch. Entitlement Status Sterling Ranch (Project No. 03-250-(5)) has received the following approvals: • Vesting Tentative Tract Map No. 060257 • Conditional Use Permit No. 03-250 • Oak Tree Permit No. 200700007 • Environmental Assessment No. 03-250 (EIR) • State Clearinghouse No. 2019080092 Land Use Designation • H2 – Residential (0-2 DU/AC) • H5 – Residential 5 (0-5 du/ac), • GC – General Commercial • (OVOV) HM – Hillside Management • U1 – Urban • OS – Open Space Service Service Providers Water Waterworks District #36 Sewer L.A. County Sanitation District No. 32 Electricity Southern California Edison Gas Southern California Gas Company Affordable Housing Suggest: Sterling Ranch will make a voluntary contribution of $4,000 per unit or $888,000 to be split evenly between Bridge To Home and Family Promise of Santa Clarita Valley. MITIGATION MEASURE MM 5.3-28: Mountain Lion Movement. Prior to issuance of a grading permit, to mitigate the contribution of the Project to a regional cumulative impact on mountain lion movement: (1) the subdivider shall establish a Conservation Easement over the 37.9- acre Off-Site Open Space Dedication Area and a Conservation Plan prepared and implemented to preserve coastal scrub habitat in the Off-Site Open Space Dedication Area and a 0.36- acre public trail as illustrated on Vesting Tentative Tract Map No. 60257 shall be maintained in perpetuity to maintain movement opportunities for mountain lions between Chiquita Canyon and the Los Padres National Forest (please refer to MM 5.3-1); and (2) subdivider shall purchase an off-site conservation easement, to be held by a public agency or non-profit conservation planning organization, (a) covering at least 50 acres of equivalent habitat or (b) a smaller area if the following can be demonstrated: (i) within a known mountain lion corridor, or (ii) containing a riparian habitat and adjacent to a known mountain lion corridor, or (iii) within a known or modeled mountain lion movement corridor located in western Los Angeles County or eastern Ventura County, north of State Route[1]126 and south of the Los Padres National Forest. The conservation easement shall be recorded prior to grading permit issuance. The final size and location of the conservation easement shall be to the satisfaction of the director. Acton Required A. The subdivider shall establish a Conservation Easement over the 37.9-acre Off-Site Open Space Dedication Area and a Conservation Plan and a 0.36-acre public trail. B. The subdivider is under contract to purchase +/-50 additional off-site acres to mitigate Mountain Lion, to be held by., to be held by a public agency or non-profit conservation planning organization. Mitigation Timing Prior to the commencement of rough grading. Monitoring Agency or Party LACDRP