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2.0 SITE DESCRIPTION 2.1 Site Location and Legal Description The Property is located at 16330 US Highway 10 NW in Elk River, Sherburne County, Minnesota and is located west of the intersection of US Hwy 10 and 165th Ave NW within a mostly agricultural and rural area of Elk River, Minnesota.The Property is approximately 281.8 acres in size and includes three parcels (75-00011-3400, 75-00014-1200, and 75-00014-2201); it is located in the northeast 1/4 of the northwest 1/4 of Section 14, Township 32 North, Range 26 West on the United States Geological Survey (USGS)Elk River, MN 7.5-minute topographic quadrangle.The Site location is depicted on Figure 1 and general locations of Site features observed during the site reconnaissance are provided on Figure 2 (Site Features Map) in Appendix A.The Site location is also depicted on a map generated by Envirosite (Appendix B).The table below provides further information regarding the Property: Address:16330 US Highway 10 NW,Elk River,Sherburne County,Minnesota 55330 Assessor's Parcel Number (APN): 75-00011-3400, 75-00014-1200, and 75-00014-2201 Site Zoning Classification:Agricultural Land Acreage (Ac):281.8 acres Current Owner/Current Use:Erwin T. and Doris I. Specht Trust / residential farmstead, cultivated agricultural land Historical Property Uses:Voigts Bus Inc (2012-2017), Erwin Specht & Sons (1977-2007), residential, agricultural Surrounding Property Characteristics: Mississippi River to the west; Agricultural and industrial lots to the north and east; Agricultural and woodland to the south Assumed Groundwater Flow Direction and Depth: Flow is assumed to be to the west, 10 - 50 feet below ground surface (bgs) 2.2 Descriptions of Structures, Roads and Other Improvements on the Property The Property is currently developed as a farmstead with numerous buildings that are located on the west-central portion of the Site. A road (165th Avenue) bisects the Site and leads from the farmstead to US Hwy 10. A former bus lot with two buried diesel/gasoline tanks is located to the east of the farmstead structures. One of the structures was utilized as a bus-maintenance garage. The majority of the Site is cultivated agricultural land. Some forested land is located along the west-boundary of the Site, bordering the Mississippi River. Site features are depicted on the Site Features Map.Access to the Property is from US Hwy 10 to the east. Phase I Environmental Site Assessment 16330 US Highway 10 NW, Elk River, Minnesota September 4, 2024 Carlson McCain, Inc.Page 3