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Termination of Recorded Documents DOC # 2025-0381491Recording requested by Swart Tito of California, Inc. RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO City of La Quinta 73495 Gallo Tampico La Quinta, CA 92253 Attn: City Clerk Order No, 2664882 Recorded concurrently and In connection with a transfer soblect to the Imposition of Documentary Transfar'rax » GC 27388.1(0)(2) DOC # 2026-0381491 12/08/2025 04:21 PM Fees: $20.00 Page 1 of 27 Recorded in Official Records County of Riverside Peter Aldana Assessor -County Clerk -Recorder **This document was electronically submitted to the County of Riverside for recording** Receipted by: ELENA 9448 Space Above This Line for Recorder's Use (Exempt from Recording Fee per Gov't Code §6103 and §27383) TERMINATION OF. MULTIPLE RECORDED DOCUMENTS (SilverRock Resort Area, farmer Talcs Project) This TERMINATION OF MULTIPLE RECORDED DOCUMENTS ("Termination") is made and entered into this S `'day of.-keAm " , 2025 ("Effective Date"), by and between the CITY OF LA QUINTA, a California municipal corporation and charter city ("City"), and SILVERROCK DEVELOPMENT COMPANY, a Delaware limited liability company ("SDC"), and the following affiliates of SDC: RGC PA 789, LLC, a Delaware limited liability company, SilverRock Lifestyle Residences, LLC, a Delaware limited liability company, SilverRock Lodging, LLC, a Delaware limited liability company, SilverRock Luxury Residences, LLC, a Delaware limited liability company, and SilverRock Phase 1, LLC, a Delaware limited liability company (collectively, SDC and its affiliates are referred to as the "Former Developer"). The City and Former Developer may be referred to herein individually as a "Party" and collectively as the "Parties." RECITALS: A. Former Developer and RGC PA 789, LLC, an affiliate of Former Developer (see Recital D below), are the owners of that certain real property real property comprised of approximately 1304-/- acres, identified as APN(s): 777-060-083, 777-060-085, 777-060-075, 777-060-078, 777-490-058, 777-490-063, 777-490-064, 777-490-065, 777-490-066, 777-490-037, '777-490-057, 777-490-059, 777-490-068, 777-490-042, 777-490-076, portions of 777-490-072 and 777.490-073 and 777-490-074 and 777-490-075 and 777-490-077 and 777-490-078 and 777-490-079 and 777-490- 080, 777-490-046, 777-490-071, '777-060-082, 777-060-084, 777-510-001 through 023, 777-510-025, 777-520-001 through 018, and 777-490-053,054 and 055; and more specifically described in Exhibit A-1 and Exhibit A-2 attached hereto and incorporated herein by this reference (the "Phase 1 Property"), The Phase 1 Property consists of the "Phase 1A Property" and "Phase 116 Property" as more particularly described in Exhibit A-1 and Exhibit A-2, respectively. 698/016610-0207 23086034.3 a12101126 B. City is the owner of that certain real property comprised of the following: (i) approximately 193+/- acres, identified as APN(s): 777-490-047, 777-490-048, 777- 490-049, portion of 776-150-030, 777-060-074, and 777-060-079, and more specifically described in Exhibit B-1 attached hereto and incorporated herein by this reference (the "City -Owned Phase 2 Property"); (ii) approximately 0.6+/- acres, improved with the Ahmanson Ranch House, and more particularly described in Exhibit B-2 attached hereto and incorporated herein by this reference (the "City -Owned Ahmanson Ranch Property"); and (iii) approximately 170+/- acres, improved as an Arnold Palmer Classic Golf Course and commonly known as the SilverRock Golf Course, and more particularly described in Exhibit B-3 attached hereto and incorporated herein by this reference (the "City -Owned Golf Course Property"). The City -Owned Phase 2 Property, City -Owned Golf Course Property, and City -Owned Ahmanson Ranch Property are collectively referred to as the "City -Owned Properties." C. The Phase 1 Property and City -Owned Properties are subject to the following land use approvals and related agreements and documents approved thereby: (i) La Quinta City Council Ordinance No. 626, adopted on October 7, 2025, approving Development Agreement 2025-0001 (Reinstated and Amended Development Agreement 2014-1001) (the "Reinstated Development Agreement"); (ii) La Quinta City Council Resolution No. 2025-023, adopted on September 22, 2025, approving the Economic Development Subsidy Report, Transient Occupancy Tax Revenue Sharing Agreement, and Option to Purchase Real Property (which Includes a Repurchase Option Agreement), all associated with the project approved and governed by the Reinstated Development Agreement (the "Economic Development Report," "TOT Revenue Sharing Agreement," and "Option Agreement," respectively); and (iii) La Quinta City Council Resolution No.2025-022, adopted on September 22, 2025, approving Environmental Assessment 2025-0002, Addendum No. 3 to the Previously Adopted Mitigated Negative Declaration (EA 2002-453) pertaining to the project approved and governed by the Reinstated Development Agreement (the "Environmental Review Addendum"). The Reinstated Development Agreement, Economic Development Report, TOT Revenue Sharing Agreement, Option Agreement, Environmental Review Addendum, and the respective Ordinance and Resolutions approving the same, are collectively referred to as the "2025 SilverRock Master Plan Project Approvals." The 2025 SilverRock Master Plan Project Approvals are public records and available for inspection during regular business hours in the Clerk's Office at City Hall for the City of La Quinta, at the address: 78-495 Calle Tampico, La Quinta, CA 92253, and may be accessed at the City's Internet web site: www.laquintaca.gov. D. As more thoroughly described and summarized in the Recitals to the Reinstated Development Agreement, prior to consideration and approval of said 2025 SilverRock Master Plan Project Approvals, Former Developer and affiliated entities, on August 5, 2024, filed for voluntary bankruptcy protection under chapter 11 of the U.S. Bankruptcy Code, with case number(s) identified as Case No. 24-11647, along with the last four digits of each Debtor's federal tax identification number, as applicable: SilverRock Development Company, LLC (5730), RGC PA 789, LLC, a Delaware limited liability company (5996), SilverRock Lifestyle Residences, LLC, a Delaware limited liability company (0721), SilverRock Lodging, LLC, a Delaware limited liability company 698/015610-0207 23086034.3 a12/01/25 -2- (4493), SilverRock Luxury Residences, LLC, a Delaware limited liability company (6598) and SilverRock Phase I, LLC, a Delaware limited liability company (2247) (collectively, referred to herein as the "Bankruptcy Lawsuit" in the "Bankruptcy Court"). Former Developer's "affiliated entities," as identified above in the Bankruptcy Lawsuit, and Former Developer are collectively referred to herein as the "Former Developer" (unless otherwise specified). E. Pursuant to Bankruptcy Court -approved Bid Procedures and related actions and directives thereto, Former Developer as "Debtor(s)" in the Bankruptcy Case, retained a Chief Restructuring Officer and marketing professional for the purposes of, among other items, marketing the sale of the Phase 1 Property and soliciting proposals for the: (i) acquisition of the Phase 1 Property, (ii) use, re -use, and/or substitution of the partially constructed improvements on the Phase 1 Property, (iii) potential replacement project for a world -class hotel and residential destination resort with related amenities on the Phase 1 Property that complement the existing Arnold Palmer Classic Golf Course surrounding the Phase 1 Property and City -Owned Properties, and (d) possible acquisition in the future of the City -Owned Phase 2 Property for possible future development that may also complement a world -class hotel and residential destination resort on the Phase 1 Property. F. Pursuant to the order authorizing the sale of the Debtor(s) property, filed and entered on October 23, 2025 [Bankruptcy Lawsuit Docket No. 759] (the "Sale Order"), the Bankruptcy Court ordered, among other provisions: (i) Former Developer was authorized to sell the Phase 1 Property to the successful bidder, TBE RE Acquisition Co II LLC, a Delaware limited liability company and affiliate of Turnbridge Equities, decided pursuant to Bankruptcy Court approved -Bid Procedures, (ii) the prior development agreement with Former Developer was to be reinstated and amended and memorialized by the Reinstated Development Agreement, and (iii) an escrow to facilitate the purchase and sale of the Debtors' estate (which includes the Phase 1 Property) was authorized. G. In furtherance of the 2025 SilverRock Master Plan Project Approvals and Sale Order, among other orders from the Bankruptcy Court, the City and Former Developer mutually agree to terminate multiple recorded documents, listed below, because they no longer apply and do not relate to the new 2025 SilverRock Master Plan Project Approvals. TERMINATIONS: In consideration of the foregoing Recitals, which are as substantive component and incorporated herein and made a part hereof, the Parties hereto agree as follows: 1. The following documents recorded in the Official Records of the County of Riverside, California, are hereby terminated with respect to the Phase 1 Property and City -Owned Properties (collectively, the "Terminated Instruments"): 698/015610-0207 23086034.3 a12/01/25 -3- (a) Covenant Affecting Real Property (Perimeter Landscaping and Trails), by and between the City of La Quinta and SilverRock Development Company, LLC, dated May 3, 2017, and recorded May 11, 2017, as Instrument No. 2017-0189266; (b) Agreement Containing Covenants, Conditions and Restrictions Affecting Real Property (Luxury Hotel), by and between the City of La Quinta and SilverRock Development Company, LLC, dated May 3, 2017, and recorded November 6, 2017, as Instrument No. 2017-0463952; as amended by: Amended and Restated Agreement Containing Covenants, Conditions and Restrictions Affecting Real Property (Luxury Hotel), by and between the City of La Quinta and SilverRock Development Company, LLC, dated November 28, 2018, and recorded November 28, 2018, as Instrument No. 2018-0464671, and ii. Amendment No. 1 to Amended and Restated Agreement Containing Covenants, Conditions, and Restrictions Affecting Real Property (Luxury Hotel), by and between the City of La Quinta and SilverRock Development Company, LLC, dated October 12, 2021, and recorded October 13, 2021, as Instrument No. 2021-0606108, and iii. Amendment No. 2 to Amended and Restated Agreement Containing Covenants, Conditions, and Restrictions Affecting Real Property (Luxury Hotel), by and between the City of La Quinta and SilverRock Development Company, LLC, dated November 20, 2023, and recorded November 21, 2023, as Instrument No. 2023- 0350295; (c) Memorandum of Purchase, Sale and Development Agreement (Phase 1A Property-PSDA Amendment No. 2), by and between by the City of La Quinta and SilverRock Development Company, LLC, dated May 3, 2017, and recorded November 6, 2017, as Instrument No. 2017-0463953; as amended by: Amendment to Memorandum of Purchase, Sale and Development Agreement (Phase 1A Property-PSDA Amendment No. 2), by and between the City of La Quinta and SilverRock Development Company, LLC, dated November 28, 2018, and recorded November 28, 2018 as Instrument No. 2018-0464672; (d) Memorandum of Purchase, Sale, and Development Agreement (Phase 1 B Property-PSDA Amendment No. 3), by and between the City of La Quinta and SilverRock Phase I, LLC, dated November 28, 2018, and recorded November 28, 2018, as Instrument No. 2018-0464675; 698/015610-0207 23086034.3 a12/01/25 -4- (e) Option Agreement Phase 1A Property & Phase 1B Property (Excluding Planning Areas 7, 8 and 9) And Termination of Prior Phase 1A Option Agreement, by and between SilverRock Phase 1, LLC, and the City of La Quinta, dated November 28, 2025, and recorded November 28, 2018, as Instrument No. 2018-0464676; (f) Option Agreement (Phase 1 B Property -PA 7, 8 and 9), by and between SilverRock Phase I, LLC, and the City of La Quinta, dated November 28, 2018, and recorded November 28, 2018, as Instrument No. 2018- 0464677; (g) Agreement Containing Covenants, Conditions, and Restrictions Affecting Real Property (Lifestyle Hotel), by and between the City of La Quinta and SilverRock Phase I, LLC, dated November 28, 2018, and recorded November 28, 2018, as Instrument No. 2018-0464678, as amended by: Amendment No. 1 to Agreement Containing Covenants, Conditions, and Restrictions Affecting Real Property (Lifestyle Hotel), by and between the City of La Quinta and SilverRock Phase I, LLC, dated October 12, 2021, and recorded October 13, 2021, as Instrument No. 2021-0606083, and ii. Amendment No. 2 to Amended and Restated Agreement Containing Covenants, Conditions, and Restrictions Affecting Real Property (Lifestyle Hotel), by and between the City of La Quinta and SilverRock Phase I, LLC, dated November 20, 2023, and recorded November 21, 2023, as Instrument No. 2023-0350339; (h) Assignment and Assumption Agreement, by and between SilverRock Development Company, LLC, and SilverRock Phase I, LLC, consented to by the City of La Quinta, dated November 28, 2018, and recorded November 29, 2018, as Instrument No. 2018-0465379; (i) Assignment and Assumption Agreement, by SilverRock Phase I, LLC, and SilverRock Land, LLC, consented to by the City of La Quinta, dated April 10, 2019, and recorded April 10, 2019, as Instrument No. 2019- 0120800. 2. This Termination may be executed in counterparts, each of which, after all the parties hereto have signed this Termination, shall be deemed to be an original, and such counterparts shall constitute one and the same instrument. [signatures on next page] 698/015610-0207 23086034.3 a12/01/25 -5- IN WITNESS WHEREOF, the Parties have executed this Termination as of the date first above written. "CITY" CITY OF LA QUINTA, a California municipal corporation and charter city Date: I! -2- ` , 2025 By: ,®JowkMMillen, City Manager ATTEST: A4-r! Monika Radeva, City Clerk APPROVED AS TO FORM: R/UT/A%N& TUCKER LLP William H. Ihrke, City Attorney [signatures continued on next page] 698/015610-0207 23086034.3 a12/01/25 -6- GOVERNMENT CODE 27361.7 I CERTIFY UNDER PENALTY OF PERJURY THAT THE ILLEGIBLE PORTIONS OF THIS DOCUMENT TO WHICH THIS STATEMENT IS ATTACHED, READS AS FOLLOWS: JON MCMILLEN Dated: December 5, 2025 Sandy Staley, Title Officer, Stewart Title Place of Execution: RIVERSIDE, CA Date: 2025 Date: 2025 Date: , 2025 Date: 12025 Date: 2025 Date: 2025 "FORMER DEVELOPER" SilverRock Development Company, LLC, a Delaware limited liability company By: L �/ Name: Christopher S. Sontchi Title: Independent Manager RGC PA 789, LLC, a Delaware limited liability company By. Name: Christopher S. Sontchi Title: Independent Manager SilverRock Lifestyle Residences, LLC, a Delaware limited liability company By: Name: Christopher S. Sontchi Title: Independent Manager SilverRock Lodging, LLC, a Delaware limited liability company By: e� �4�— —� Name: Christopher S. Sontchi Title: Independent Manager SilverRock Luxury Residences, LLC, a Delaware limited liability company By: _( Name: Christopher S. Sontchi Title: Independent Manager SilverRock Phase I, LLC, a Delaware limited liability company By. � Name: Christopher S. Sontchi Title: Independent Manager [end of signatures] 6981015610-0207 23086034.1 a11/26/25 -7- A Notary Public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Riverside On before me, t' `M1 1* 4�"(A, , (insgrt name and title of the officer) Notary Public, personally appeared I M V C VLUPM who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. MOHl" RAOEVA Notary Public - California WITNESS my hand and official seal. Riverside County m Commission M 2500684 My Comm, Expires Oct 22, 2028 Signature (Seal) 698/015610-0207 23086034.3 a12/01/25 -8- State of Delaw,�r� County of Y' This instrument was acknowledged before me on IA10L)611 6C,r'--) (Da by Christopher S. Sontchi (Names(s) of Individual(s)) as 1�e"4 d 6,-)-f ln-6;12l G ee- of authority, such as 'i�re7°irlC./1/Y11 Kc.� name of paa,��ty oA b6r (Seal, if any) trustee) of on `(17,ti'(&L-.r— `j ' 0)- l cr C/ Luci /' �- .! j✓1)r �Ga of whom ins• � a ent was eyecut /t ,/i�✓lr✓1 y 6r LLB 1C� Zc�G n� /.� . �' c�c' �r �� C �Sry�ct ✓� I I fat Lr�dl Z EXPIRES _ NOV. 18, 2029 ; Signature of Notarial Officer Title (and Rank) My commission expires: Mo �e lj CERTIFICATION Pursuant to the provisions of Government Code 27361.7, I certify under the penalty of perjury that the following is a true copy of illegible wording found in the attached documents: New Castle November 26,2025 Independent Manager SilverRock Development Company, LLC a Delaware limited liability company, RGC PA 789, LLC a Delaware limited liability company ,SilverRock Lifestyle, Residences LLC a Delaware limited liability company SilverRock Lodging , LLC a Delaware limited liability company Silverlake Luxury Residences LLC, a Delaware limited liability Company Silverlake Phase 1, LLC, a Delaware limited liability Company DATA: I 45-/Zo 7-r SIGNATURE: 1--2�- �y �y EXHIBIT A-1 LEGAL DESCRIPTION OF PHASE 1A PROPERTY All that certain property located in the City of La Quinta, County of Riverside, State of California, described as follows: PARCEL A: THAT PORTION OF PARCELS 4 AND 18 OF PARCEL MAP NO. 37207, IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY A MAP FILED IN BOOK 242, PAGES 72 THROUGH 87, INCLUSIVE OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: LOT "C" OF LOT LINE ADJUSTMENT NO. 2020-0010, AS DISCLOSED BY GRANT DEED RECORDED JULY 15, 2021 AS INSTRUMENT NO. 20210426711 OF OFFICIAL RECORDS OF RIVERSIDE COUNTY, STATE OF CALIFORNIA, AS DESCRIBED THEREIN. EXCEPTING THEREFROM ALL OIL, GAS, HYDROCARBON SUBSTANCES, AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF THE PHASE 1A AND 1B PROPERTY LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID PHASE 1A AND 1 B PROPERTY OR OTHER LANDS, BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE FROM SAID PHASE 1A AND 1 B PROPERTY OR ANY PORTION THEREOF WITHIN FIVE HUNDRED (500) FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, OR TO USE THE PHASE 1A AND 1 B PROPERTY IN SUCH A MANNER AS TO CREATE A DISTURBANCE TO THE USE OR ENJOYMENT OF THE PHASE 1A AND 1 B PROPERTY, AS RESERVED BY THE CITY OF LA QUINTA, A CALIFORNIA MUNICIPAL CORPORATION AND CHARTER CITY, IN THE GRANT DEED RECORDED NOVEMBER 28, 2018, AS INSTRUMENT NO. 2018-0464674 AND RECORDED NOVEMBER 6, 2017, AS INSTRUMENT NO. 2017-0463950, BOTH OF OFFICIAL RECORDS. APNs 777-490-058, 777-490-063, 777-490-064, 777-490-065 AND 777-490-066 (OLD APNs PORTION OF 777-490-041 and 777-490-051) [continues on next page] 698/015610-0207 EXHIBIT A-1 23086034.3 a12/01/25 PARCEL B: THAT PORTION OF PARCELS 3 AND 4 OF PARCEL MAP NO. 37207, IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY A MAP FILED IN BOOK 242, PAGES 72 THROUGH 87, INCLUSIVE OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: LOT "B" OF LOT LINE ADJUSTMENT NO. 2020-0010, AS DISCLOSED BY GRANT DEED RECORDED JULY 16, 2021 AS INSTRUMENT NO. 20210428113 OF OFFICIAL RECORDS OF RIVERSIDE COUNTY, STATE OF CALIFORNIA, AS DESCRIBED THEREIN. EXCEPTING THEREFROM ALL OIL, GAS, HYDROCARBON SUBSTANCES, AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF THE PHASE 1A AND 1B PROPERTY LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID PHASE 1A AND 1 B PROPERTY OR OTHER LANDS, BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE FROM SAID PHASE 1A AND 1 B PROPERTY OR ANY PORTION THEREOF WITHIN FIVE HUNDRED (500) FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, OR TO USE THE PHASE 1A AND I PROPERTY IN SUCH A MANNER AS TO CREATE A DISTURBANCE TO THE USE OR ENJOYMENT OF THE PHASE 1A AND 1 B PROPERTY, AS RESERVED BY THE CITY OF LA QUINTA, A CALIFORNIA MUNICIPAL CORPORATION AND CHARTER CITY, IN THE GRANT DEED RECORDED NOVEMBER 28, 2018, AS INSTRUMENT NO. 2018-0464674 AND RECORDED NOVEMBER 6, 2017, AS INSTRUMENT NO. 2017-0463950, BOTH OF OFFICIAL RECORDS. APNs 777-490-037, 777-490-057, 777-490-059 AND 777-490-068 (OLD APNs PORTION OF 777-490-040 AND 777-490-041) [continues on next page] EXHIBIT A-1 698/015610-0207 23086034.3 a12/01/25 -2- PARCEL C: PARCEL 5 OF PARCEL MAP NO. 37207 AS SHOWN BY A MAP ON FILE IN BOOK 242 OF PARCEL MAPS, PAGES 72 THROUGH 87, INCLUSIVE, TOGETHER WITH PORTIONS OF PARCELS A AND B OF LOT LINE ADJUSTMENT NO. 2020-0005, RECORDED SEPTEMBER 2, 2021 AS DOCUMENT NO. 2021-0527060 OF OFFICIAL RECORDS OF SAID COUNTY, DESCRIBED AS FOLLOWS: PARCEL "A" OF LOT LINE ADJUSTMENT NO. 2023-0003 OF THE CITY OF LA QUINTA, AS DISCLOSED BY GRANT DEED RECORDED MAY 4, 2023 AS INSTRUMENT NO. 2023-0128115 OF OFFICIAL RECORDS OF RIVERSIDE COUNTY, STATE OF CALIFORNIA, AS DESCRIBED THEREIN. EXCEPTING FROM PARCEL 5 ABOVE, ALL OIL, GAS, HYDROCARBON SUBSTANCES, AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF THE PHASE 1A AND 1 B PROPERTY LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID PHASE 1A AND 1 B PROPERTY OR OTHER LANDS, BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE FROM SAID PHASE 1A AND 1 B PROPERTY OR ANY PORTION THEREOF WITHIN FIVE HUNDRED (500) FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, OR TO USE THE PHASE 1A AND 1 B PROPERTY IN SUCH A MANNER AS TO CREATE A DISTURBANCE TO THE USE OR ENJOYMENT OF THE PHASE 1A AND 1 B PROPERTY, AS RESERVED BY THE CITY OF LA QUINTA, A CALIFORNIA MUNICIPAL CORPORATION AND CHARTER CITY, IN THE GRANT DEED RECORDED NOVEMBER 28, 2018, AS INSTRUMENT NO. 2018-0464674 AND RECORDED NOVEMBER 6, 2017, AS INSTRUMENT NO. 2017-0463950, BOTH OF OFFICIAL RECORDS. APNs: 777-490-042, 777-490-076 AND PORTIONS OF 777-490-072 AND 777-490-073 (OLD APNs PORTION of 777-490-043 and 777-490-044) [continues on next page] EXHIBIT A-1 698/015610-0207 23086034.3 a12/01/25 -3- PARCEL D: PORTIONS OF PARCELS A THROUGH C, INCLUSIVE, OF LOT LINE ADJUSTMENT NO. 2020-0005, RECORDED SEPTEMBER 2, 2021 AS DOCUMENT NO. 2021- 0527060 OF OFFICIAL RECORDS OF SAID COUNTY, DESCRIBED AS FOLLOWS: PARCEL "B" OF LOT LINE ADJUSTMENT NO. 2023-0003 OF THE CITY OF LA QUINTA, AS DISCLOSED BY GRANT DEED RECORDED MAY 4, 2023 AS INSTRUMENT NO. 2023-0128115 OF OFFICIAL RECORDS OF RIVERSIDE COUNTY, STATE OF CALIFORNIA, AS DESCRIBED THEREIN. EXCEPTING THEREFROM ALL OIL, GAS, HYDROCARBON SUBSTANCES, AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF THE PHASE 1A AND 1 B PROPERTY LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID PHASE 1A AND 1 B PROPERTY OR OTHER LANDS, BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE FROM SAID PHASE 1A AND 1 B PROPERTY OR ANY PORTION THEREOF WITHIN FIVE HUNDRED (500) FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, OR TO USE THE PHASE 1A AND 1 B PROPERTY IN SUCH A MANNER AS TO CREATE A DISTURBANCE TO THE USE OR ENJOYMENT OF THE PHASE 1A AND 1 B PROPERTY, AS RESERVED BY THE CITY OF LA QUINTA, A CALIFORNIA MUNICIPAL CORPORATION AND CHARTER CITY, IN THE GRANT DEED RECORDED NOVEMBER 28, 2018, AS INSTRUMENT NO. 2018-0464674 AND RECORDED NOVEMBER 6, 2017, AS INSTRUMENT NO. 2017-0463950, BOTH OF OFFICIAL RECORDS. APN: 777-490-074 AND PORTIONS OF APNs 777-490-072, 777-490-073, 777-490- 075, 777- 490-077, 777-490-079 AND 777-490-080 (OLD APNs PORTION of 777-490-043, 777-490-044 AND 777-490-045) [continues on next page] EXHIBIT A-1 698/015610-0207 23086034.3 a12/01/25 -4_ PARCEL E: [INTENTIONALLY OMITTED] PARCEL F: PORTIONS OF PARCELS B AND C OF LOT LINE ADJUSTMENT NO. 2020-0005, RECORDED SEPTEMBER 2, 2021 AS DOCUMENT NO. 2021-0527060 OF OFFICIAL RECORDS OF SAID COUNTY, DESCRIBED AS FOLLOWS: PARCEL "C" OF LOT LINE ADJUSTMENT NO. 2023-0003 OF THE CITY OF LA QUINTA, AS DISCLOSED BY GRANT DEED RECORDED MAY 4, 2023 AS INSTRUMENT NO. 2023-0128115 OF OFFICIAL RECORDS OF RIVERSIDE COUNTY, STATE OF CALIFORNIA, AS DESCRIBED THEREIN. EXCEPTING THEREFROM ALL OIL, GAS, HYDROCARBON SUBSTANCES, AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF THE PHASE 1A AND 1B PROPERTY LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID PHASE 1A AND 1B PROPERTY OR OTHER LANDS, BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE FROM SAID PHASE 1A AND 1 B PROPERTY OR ANY PORTION THEREOF WITHIN FIVE HUNDRED (500) FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, OR TO USE THE PHASE 1A AND 1 B PROPERTY IN SUCH A MANNER AS TO CREATE A DISTURBANCE TO THE USE OR ENJOYMENT OF THE PHASE 1A AND 1 B PROPERTY, AS RESERVED BY THE CITY OF LA QUINTA, A CALIFORNIA MUNICIPAL CORPORATION AND CHARTER CITY, IN THE GRANT DEED RECORDED NOVEMBER 28, 2018, AS INSTRUMENT NO. 2018-0464674 AND RECORDED NOVEMBER 6, 2017, AS INSTRUMENT NO. 2017-0463950, BOTH OF OFFICIAL RECORDS. PORTION APN: 777-490-075, 777-490-077, 777-490-078, 777-490-079 AND 777-490- 080 (OLD APNs PORTION of 777-490-044 AND 777-490-045) [continues on next page] EXHIBIT A-1 698/015610-0207 23086034.3 a12/01/25 PARCEL G: PORTIONS OF PARCEL C OF LOT LINE ADJUSTMENT NO. 2020-0005, RECORDED SEPTEMBER 2, 2021 AS DOCUMENT NO. 2021-0527060 OF OFFICIAL RECORDS OF SAID COUNTY, DESCRIBED AS FOLLOWS: PARCEL "D" OF LOT LINE ADJUSTMENT NO. 2023-0003 OF THE CITY OF LA QUINTA, AS DISCLOSED BY GRANT DEED RECORDED MAY 4, 2023 AS INSTRUMENT NO. 2023-0128115 OF OFFICIAL RECORDS OF RIVERSIDE COUNTY, STATE OF CALIFORNIA, AS DESCRIBED THEREIN. EXCEPTING THEREFROM ALL OIL, GAS, HYDROCARBON SUBSTANCES, AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF THE PHASE 1A AND 1B PROPERTY LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID PHASE 1A AND 1 B PROPERTY OR OTHER LANDS, BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE FROM SAID PHASE 1A AND 1 B PROPERTY OR ANY PORTION THEREOF WITHIN FIVE HUNDRED (500) FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, OR TO USE THE PHASE 1A AND 1 B PROPERTY IN SUCH A MANNER AS TO CREATE A DISTURBANCE TO THE USE OR ENJOYMENT OF THE PHASE 1A AND 1 B PROPERTY, AS RESERVED BY THE CITY OF LA QUINTA, A CALIFORNIA MUNICIPAL CORPORATION AND CHARTER CITY, IN THE GRANT DEED RECORDED NOVEMBER 28, 2018, AS INSTRUMENT NO. 2018-0464674 AND RECORDED NOVEMBER 6, 2017, AS INSTRUMENT NO. 2017-0463950, BOTH OF OFFICIAL RECORDS. PORTION APN: 777-490-079 (OLD APN PORTION of 777-490-045) [continues on next page] EXHIBIT A-1 698/015610-0207 -6- 23086034.3 a12/01/25 PARCEL H: LOTS 1 THROUGH 29 AND LOTS A THROUGH L, OF TRACT NO, 37730, IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, FILED IN BOOK 479, PAGES 27 THROUGH 33 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPT ALL OIL, GAS, HYDROCARBON SUBSTANCES, AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF THE PHASE 1A PROPERTY LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID PHASE 1A PROPERTY OR OTHER LANDS, BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE FROM SAID PHASE 1A PROPERTY OR ANY PORTION THEREOF WITHIN FIVE HUNDRED (500) FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, OR TO USE THE PHASE 1A PROPERTY IN SUCH A MANNER AS TO CREATE A DISTURBANCE TO THE USE OR ENJOYMENT OF THE PHASE 1A PROPERTY, AS RESERVED BY THE CITY OF LA QUINTA, A CALIFORNIA MUNICIPAL CORPORATION AND CHARTER CITY, IN THE GRANT DEED RECORDED NOVEMBER 6, 2017, AS INSTRUMENT NO. 2017- 0463950 OF OFFICIAL RECORDS. APNs: 777-510-001 THRU -023; 777-510-025; 777-520-001 THRU -018 EXHIBIT A-1 698/015610-0207 -7- 23086034.3 a12/01/25 PARCELI: Parcels E, F and G of Parcel Map No. 37207, in the City of La Quinta, County of Riverside, State of California, as shown by a Map filed for Record May 3, 2017 in Book 242, Pages 72 through 87, inclusive of Parcel Maps, in the Office of the County Recorder of said County. Excepting all oil, gas, hydrocarbon substances, and minerals of every kind and character lying more than five hundred (500) feet below the surface, together with the right to drill into, through, and to use and occupy all parts of the Phase 1 A and 1 B property lying more than five hundred (500) feet below the surface thereof for any and all purposes incidental to the exploration for and production of oil, gas, hydrocarbon substances or minerals from said Phase 1A and 1 B property or other lands, but without, however, any right to use either the surface from said Phase 1A and 1 B property or any portion thereof within five hundred (500) feet of the surface for any purpose or purposes whatsoever, or to use the Phase 1A and 1 B property in such a manner as to create a disturbance to the use or enjoyment of the Phase 1A and 1 B property, as reserved by The City of La Quinta, a California Municipal Corporation and Charter City, in the Grant Deed recorded November 28, 2018, as Instrument No. 2018-0464674, of Official Records. FOR INFORMATIONAL PURPOSES ONLY: APN: 777-490-053, 777-490-054, 777- 490-055 [End of legal description for Phase 1A Property] EXHIBIT A-1 698/015610-0207 23086034.3 a12/01/25 EXHIBIT A-2 LEGAL DESCRIPTION OF PHASE 1 B PROPERTY All that certain property located in the City of La Quinta, County of Riverside, State of California, described as follows: PARCEL 1: THAT PORTION OF PARCEL 10 OF PARCEL MAP NO. 37207, IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY A MAP FILED IN BOOK 242, PAGES 72 THROUGH 87, INCLUSIVE OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: PARCEL "B" OF LOT LINE ADJUSTMENT NO. 2020-0007, AS DISCLOSED BY GRANT DEED RECORDED AUGUST 20, 2021 AS INSTRUMENT NO. 2021-0499856 OF OFFICIAL RECORDS OF RIVERSIDE COUNTY, STATE OF CALIFORNIA, AS DESCRIBED THEREIN. EXCEPTING THEREFROM ALL OIL, GAS, HYDROCARBON SUBSTANCES, AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF THE PHASE 1A AND 1B PROPERTY LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID PHASE 1A AND 1 B PROPERTY OR OTHER LANDS, BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE FROM SAID PHASE 1A AND 1 B PROPERTY OR ANY PORTION THEREOF WITHIN FIVE HUNDRED (500) FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, OR TO USE THE PHASE 1A AND 18 PROPERTY IN SUCH A MANNER AS TO CREATE A DISTURBANCE TO THE USE OR ENJOYMENT OF THE PHASE 1A AND 1 B PROPERTY, AS RESERVED BY THE CITY OF LA QUINTA, A CALIFORNIA MUNICIPAL CORPORATION AND CHARTER CITY, IN THE GRANT DEED RECORDED NOVEMBER 28, 2018, AS INSTRUMENT NO. 2018-0464674 AND RECORDED NOVEMBER 6, 2017, AS INSTRUMENT NO. 2017-0463950, BOTH OF OFFICIAL RECORDS. APN 777-060-083 [continues on next page] 698/015610-0207 EXHIBIT A-2 23086034.3 a12/01/25 PARCEL 2: THAT PORTION OF PARCEL 11 OF PARCEL MAP NO. 37207, IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY A MAP FILED IN BOOK 242, PAGES 72 THROUGH 87, INCLUSIVE OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: PARCEL "C" OF LOT LINE ADJUSTMENT NO. 2020-0007, AS DISCLOSED BY GRANT DEED RECORDED AUGUST 20, 2021 AS INSTRUMENT NO. 2021-0499856 OF OFFICIAL RECORDS OF RIVERSIDE COUNTY, STATE OF CALIFORNIA, AS DESCRIBED THEREIN. EXCEPTING THEREFROM ALL OIL, GAS, HYDROCARBON SUBSTANCES, AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF THE PHASE 1A AND 1B PROPERTY LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID PHASE 1A AND 1 B PROPERTY OR OTHER LANDS, BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE FROM SAID PHASE 1A AND 1 B PROPERTY OR ANY PORTION THEREOF WITHIN FIVE HUNDRED (500) FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, OR TO USE THE PHASE 1A AND 1 B PROPERTY IN SUCH A MANNER AS TO CREATE A DISTURBANCE TO THE USE OR ENJOYMENT OF THE PHASE 1A AND 1 B PROPERTY, AS RESERVED BY THE CITY OF LA QUINTA, A CALIFORNIA MUNICIPAL CORPORATION AND CHARTER CITY, IN THE GRANT DEED RECORDED NOVEMBER 28, 2018, AS INSTRUMENT NO. 2018-0464674 AND RECORDED NOVEMBER 6, 2017, AS INSTRUMENT NO. 2017-0463950, BOTH OF OFFICIAL RECORDS. APN 777-060-085 [continues on next page] EXHIBIT A-2 698/015610-0207 -2- 23086034.3 a12/01/25 PARCEL 3: PARCEL 12 OF PARCEL MAP NO. 37207, AS SHOWN BY A MAP FILED IN BOOK 242, PAGES 72 THROUGH 87, INCLUSIVE OF PARCEL MAPS, IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPTING THEREFROM ALL OIL, GAS, HYDROCARBON SUBSTANCES, AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF THE PHASE 1A AND 1B PROPERTY LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID PHASE 1A AND 1 B PROPERTY OR OTHER LANDS, BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE FROM SAID PHASE 1A AND 1 B PROPERTY OR ANY PORTION THEREOF WITHIN FIVE HUNDRED (500) FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, OR TO USE THE PHASE 1A AND 1 B PROPERTY IN SUCH A MANNER AS TO CREATE A DISTURBANCE TO THE USE OR ENJOYMENT OF THE PHASE 1A AND 1 B PROPERTY, AS RESERVED BY THE CITY OF LA QUINTA, A CALIFORNIA MUNICIPAL CORPORATION AND CHARTER CITY, IN THE GRANT DEED RECORDED NOVEMBER 28, 2018, AS INSTRUMENT NO. 2018-0464674 AND RECORDED NOVEMBER 6, 2017, AS INSTRUMENT NO. 2017-0463950, BOTH OF OFFICIAL RECORDS, APN 777-060-075 AND APN 777-060-078 [continues on next page] EXHIBIT A-2 698/015610-0207 -3- 23086034.3 a12/01/25 PARCEL 4: THAT PORTION OF PARCELS 9, 10, 11 AND 19 OF PARCEL MAP NO, 37207, IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY A MAP FILED IN BOOK 242, PAGES 72 THROUGH 87, INCLUSIVE OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: PARCEL "A" OF LOT LINE ADJUSTMENT NO. 2020-0007, AS DISCLOSED BY GRANT DEED RECORDED AUGUST 20, 2021 AS INSTRUMENT NO. 2021-0500015 OF OFFICIAL RECORDS OF RIVERSIDE COUNTY, STATE OF CALIFORNIA, AS DESCRIBED THEREIN, EXCEPTING THEREFROM ALL OIL, GAS, HYDROCARBON SUBSTANCES, AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF THE PHASE 1A AND 1 B PROPERTY LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID PHASE 1A AND 1 B PROPERTY OR OTHER LANDS, BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE FROM SAID PHASE 1A AND 1 B PROPERTY OR ANY PORTION THEREOF WITHIN FIVE HUNDRED (500) FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, OR TO USE THE PHASE 1A AND 1 B PROPERTY IN SUCH A MANNER AS TO CREATE A DISTURBANCE TO THE USE OR ENJOYMENT OF THE PHASE 1A AND 1B PROPERTY, AS RESERVED BY THE CITY OF LA QUINTA, A CALIFORNIA MUNICIPAL CORPORATION AND CHARTER CITY, IN THE GRANT DEED RECORDED NOVEMBER 28, 2018, AS INSTRUMENT NO. 2018-0464674 AND RECORDED NOVEMBER 6, 2017, AS INSTRUMENT NO. 2017-0463950, BOTH OF OFFICIAL RECORDS. APNs: 777-490-046, 777-490-071, 777-060-082, AND 777-060-084 (OLD APNs PORTION of 777-490-052, 777-060-076 and 777-060-077) [end of legal description for Phase 1 B Property] EXHIBIT A-2 698/015610-0207 -4- 23086034.3 a12/01/25 EXHIBIT B-1 LEGAL DESCRIPTION OF CITY -OWNED PHASE 2 PROPERTY All that certain property located in the City of La Quinta, County of Riverside, State of California, described as follows: Parcels 13, 14, 15, 16, 20 and Lettered Parcels A, B and C of Parcel Map No. 37207, as shown by a Map filed in Book 242, Pages 72 through 87, inclusive of Parcel Maps, in the City of La Quinta, County of Riverside, State of California, in the Office of the County Recorder of said County. APN 777-060-074, APN 777-490-047, APN 777-490-048, APN 776-150-030, APN 777- 490-049, APN 777-060-081, APN 777-060-079 698/015610-0207 EXHIBIT B-1 23086034.3 a12/01/25 EXHIBIT B-2 LEGAL DESCRIPTION OF CITY -OWNED AHMANSON RANCH PROPERTY All that certain property located in the City of La Quinta, County of Riverside, State of California, described as follows: That portion of Parcels 2 and 3 of Parcel Map No. 37207, in the City of La Quinta, County of Riverside, State of California, as shown by a Map filed in Book 242, Pages 72 through 87, inclusive of Parcel Maps, in the office of the County Recorder of said County, described as follows: Lot "A" of Lot Line Adjustment No. 2020-0010, recorded July 16, 2021 as Instrument No. 2021-0427959 of Official Records of Riverside County, State of California. APN 777-490-039, APN 777-490-069 698/015610-0207 EXHIBIT B-2 23086034.3 a12/01/25 EXHIBIT B-3 LEGAL DESCRIPTION OF CITY -OWNED GOLF COURSE PROPERTY All that certain property located in the City of La Quinta, County of Riverside, State of California, described as follows: Parcel A That portion of Parcels 4 and 18 of Parcel Map No. 37207, in the City of La Quinta, County of Riverside, State of California, as shown by a Map filed in Book 242, Pages 72 through 87, inclusive of Parcel Maps, in the Office of the County Recorder of said County, described as follows: Lot "D" of Lot Line Adjustment No. 2020-0010, recorded July 15, 2021 as Instrument No. 2021-0426548 of California, as described therein. Official records of Riverside County, State of California. APN 777-490-035, APN 777-490-060, APN 777-490-061, APN 777-490-062, APN 777- 490-067, APN 777-060-070, APN 777-060-071 Except all oil, gas hydrocarbon substances and mineral of every kind and character lying more than five hundred (500) feet below the surface, together with the right to drill into, through, and to use and occupy all parts of the phase 1A property lying more than five hundred (500) feet below the surface thereof for any and all purposes incidental to the exploration for and production of oil, gas hydrocarbon substances or minerals from said phase 1A property or other lands, but without however, any right to use either the surface from said phase 1A property or any portion thereof within five hundred (500) feet of the surface for any purpose or purposes whatsoever, or to use the phase 1A property in such a manner as to create a disturbance to the use or enjoyment of the phase 1A property, as reserved by the City of La Quinta, a California Municipal Corporation and Charter City, in the grant Deed recorded November 6, 2017 as Instrument No. 2017-0463950 of official records. [continued on next page] 698/015610-0207 EXHIBIT B-3 23086034.3 a12/01/25 Parcel B [INTENTIONALLY OMITTED] Parcel C That portion of Parcel 19 of Parcel Map No. 37207, in the City of La Quinta, County of Riverside, State of California, as shown by Map filed in Book 242, Pages 72 through 87, inclusive of Parcel Maps, in the office of the County Recorder of said County, described as follows: Parcel "D" of Lot Line Adjustment No. 2020-0007, recorded august 20, 2021 as Instrument No. 2021-0500126 of Official Records of Riverside County, State of California, as described therein. APN 777-060-080, APN 777-490-070, APN 777-060-072 Parcel D [INTENTIONALLY OMITTED] Parcel E Parcel 17 of Parcel Map No. 37207, as shown by map filed in Book 242, Pages 72 through 87, inclusive of Parcel Maps, in the City of La Quinta, County of Riverside, State of California, in the office of the County Recorder of said County. Excepting therefrom any portion of said land lying within Tract No. 37730, in the City of La Quinta, County of Riverside, State of California, filed in Book 479, Pages 27 through 33, inclusive of Maps, in the Office of the County Recorder of said County. APN 777-150-029, APN 777-490-050, APN 770-260-037 [end of legal descriptions] 698/015610-0207 EXHIBIT B-3 23086034.3 a12/01/25