Great exposure on FM 517 for possible main development entry. Future extension of Bay Area Blvd through the development from FM 517. Agreement negotiated with the City of Santa Fe for annexation and in-city MUD. MUD & TIRZ reimbursables available for water, sewer, drainage, roads and recreational areas. Owner is working on permit for Bay Area Blvd bridge over Dickinson Bayou. Limited wetlands and flood plain. Owner has the following due diligence information: Surveys; Conceptual land plan; Major thoroughfare plan; Proposed Development Agreement with City of Santa Fe for development of 40’, 50’ and 60’ lot widths; Market study; Wetlands report; Soils report; Threatened and Endangered Species report; Cultural Resources study; Archaeological study; Fault study; Drainage impact report for Bay Area Blvd bridge; Construction plans for bridge; Mineral ownership report