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<br />· Providing existing "motel room" studio units new built-in cabinetry to <br />create a separate sleeping and dining alcove within each room. <br />· Replacing existing bathroom fixtures and cabinetry, kitchen fixtures, <br />appliance and cabinetry and all existing finishes. <br />· Replacing structural and mechanical components per the "Inspection of <br />Islander Motel, 2398 East 14th Street, San Leandro, CA" prepared by All <br />About Homes, Inc., dated June 8, 2005. Some of these components <br />include repairing and weather proofing exterior walkways, repairing <br />storage rooms from extensive water damage, installing a new roof, <br />repairing parking garage from leakage, replace all unit bathrooms & <br />kitchens, replacing all unit windows, replacing all unit entry doors, and <br />replacing and repairing electrical, mechanical and plumbing systems and <br />equipment. <br />· Abating all mold, asbestos and lead by certified contractor per the <br />"Property Assessment Report; Mold Assessment Summary", report <br />prepared by Industrial Hygiene Services, Inc., dated June 9,2005. <br />· Structurally upgrading the building as described in the "Seismic <br />Evaluation of Existing Building Located at 2398 East 14th Street, San <br />Leandro, California" prepared by A. T .Merovich & Associates and dated <br />July 5, 2005." <br />· Replacing all dry rotted components of the building per the "Wood <br />Destroying Pests and Organisms Inspection Report", prepared by <br />Specialty Termite Inc.,dated June 1,2005. <br /> <br />Exhibit B <br />Page 2 of2 <br />