October 19, 2020 Directors Report

IN WITNESS WHEREOF , the parties have executed this Agreement as of the date first written above. SELLER: COACHELLA VALLEY WATER DISTRICT, a public agency of the State of California

By: Name: J. M. Barrett Its:

General Manager

PURCHASER: OUTDOOR RESORTS / PALM SPRINGS OWNERS ASSOCIATION, a California non-profit corporation

By: Name: Title: President

By: Name: Title: Secretary

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