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Exhibit E – Phasing and Timelines <br /> <br />Page 2 of 3 <br /> <br /> <br />R V Complex - Time: Platting and construction will be impacted by discussions with Easton Water <br />District #3. Expectations are for construction to commence within 24 months of the water line loop <br />being approved and released to the District. <br />• Construction build out would be slated for upward of 20 years and subject to the terms <br />of this agreement. <br />• With the commencement of construction for the water line looping, the first phase of <br />construction will be focused toward the storage complex. <br /> The west side of Meadow Way will be targeted for construction 1st with <br />fencing and vertical construction. <br /> Construction will continue moving east. Estimated timing would likely be a <br />continuous construction cycle over each summer for the next ten to 20 years <br />dependent on marketing conditions, etc. and include the improvements and <br />development of the private campground and R V Park. <br /> As the market develops around the RV Storage presence, the service shop and <br />retail support facility will be built; expectations are for this to happen as 50% <br />of the storage units are sold. <br /> Estimated completion of Storage complex is by the end of 2038. <br /> <br />With the construction of Meadow Way north to a cul-de-sac just south of the BPA distribution <br />lines and the required looping of the Easton Water Districts East Sparks Road distribution line in <br />place, residential development and future phasing could conceivably happen independent of each <br />other or additional infrastructure needs. The looped water lines will include tees and valves <br />allowing for water line spurs to be added as needed. We request that once Easton Water <br />Districts current water infrastructure needs are in place, platting and construction of <br />added lots and townhomes can be added by the land owner and subject to concurrence <br />with the Kittitas County CDS Director. <br />• Residential Single-Family Homes – As Agreed with CDS Director. <br /> As noted above, with the looped water system inclusive of tees with valves, <br />differing sections of the development can be developed independent of each <br />other. Expectations are for adding 8 to 16 homes on to the system annually and <br />per market demand. <br />• Town Homes – Construction start within 10 years from water tank completion. <br /> This portion of the project is again independent of other sections and can <br />develop as the market dictates. Expectations are for the type of housing to <br />follow the single-family housing commencement with building #1 likely to be <br />started on or before 2030 with build out by 2036 <br />• Large Parcel home sites – <br /> These sites are separate and stand-alone uses from Marian Meadows. While <br />included within the PUD, we request that they be viewed and handled by the