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12 G. I. <br />2/17/2016 <br />ACRES Of VACANT LAND LOCATED IN UNINCORPORATED INDIAN RIVER COUNTY, <br />PREVIOUSLY INTENDED TO 8E DEVELOPED ASA 178 -UNIT RESIDER'TEAL COMM UNITY <br />, <br />OtherPerdnerrinroimovon: <br />• Proposed 178 Los; 70'x 120' <br />Preeioustyplonnedas'Portofiro Preserve- <br />,y "• `- `t <br />-t <br />CL <br />• Zorcd RS -o; R?d-b a C_ <br />r •' <br />Approc 33D -a. Jrontoge otan9 Gila Rao. <br />- <br />`�x ` <br />• Foture Land Use is L•2 and CI! <br />• ZonM9 9 Land Use otlow up to 6 DUTArre <br />Locoted within close pmimity to schools, <br />re9ionoi shappen9 reorers, beadhes- etc. <br />•`y= �; %K• E'• <br />''—'�' �'" � `; :,;:n3' ' i •, <br />:.'I- <br />`-T, <br />„i �. <br />=..r= <br />Timeline <br />• BCC Meeting 12/15/2015: Sale & Purchase Agreement, contingent <br />upon site due diligence <br />o Effective Date December 15, 2015 <br />o Due Diligence End Date February 29, 2016 <br />o Closing Date March 1, 2016 <br />