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SECTION II: THE DISTRICT <br />The District includes approximately 706.349 acres within the corporate limits of the City, as <br />described legally by metes and bounds on Exhibit A-1 and as depicted by the map on Exhibit B- <br />1. Development of the District will occur in phases and subject to market demand, is currently <br />anticipated to include 581 single-family homes, approximately 1,300 multi -family units and <br />approximately 4,228,685 square feet of commercial, retail, business park, office and mixed-use <br />space, as well as associated rights-of-way, landscaping, and infrastructure necessary to provide <br />roadways, drainage and utilities to the property within the District. <br />SECTION III: AUTHORIZED IMPROVEMENTS <br />The City, based on information provided by the Owner and its engineer and reviewed by the City <br />staff and by third -party consultants retained by the City, determined that the Authorized <br />Improvements confer a special benefit on the Assessed Property. Major Improvements will be <br />designed and constructed in accordance with City standards and will be owned and operated by <br />the City once accepted unless specifically stated below. The budget for the Authorized <br />Improvements, as well as the allocation of the Actual Costs of the Authorized Improvements, is <br />shown on Exhibit C. <br />A. Major Improvements <br />■ Road A <br />Opportunity Boulevard — Improvements including subgrade stabilization (including <br />subgrade treatment, lime stabilization, road base import and compaction), concrete and <br />reinforcing steel for roadways and sidewalks, material and compaction testing, <br />handicapped ramps, and streetlights. All related earthwork, excavation, erosion control, <br />retaining walls, intersections, signage, utility infrastructure, drainage infrastructure <br />including drainage infrastructure flowing to the District detention pond shown on Exhibit <br />H, street lighting, landscaping, irrigation, entrance monumentation and re -vegetation of <br />all disturbed areas within the right-of-way are included. The street improvements will <br />provide a benefit to each Lot within the District. <br />Fortuna Road — Improvements including subgrade stabilization (including subgrade <br />treatment, lime stabilization, road base import and compaction), concrete and reinforcing <br />steel for roadways and sidewalks, material and compaction testing, handicapped ramps, <br />and streetlights. All related earthwork, excavation, erosion control, retaining walls, <br />uoiouuiouuuuuouuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuii�iuiuiuuuiuiuiuiuiuiuuuumuuuu��u�uui�uuou�uu�uuuuu�uuuu� oioioi�ouoi��uuuuuuuuuuuuuuuuiouuuuuuuuuuuuuuuuuuuu�muuuuuuuum�i uuuuuiuiuuuuium�mm��ui��iuumu�uuuii�ui� <br />WHISPER PID SAP 10 <br />