VII. Selection of Developer

Katella was provided the opportunity to develop this Site because of the background and development experience of its members. Katella is a California limited liability company, specializing in the development and operation of parking and storage facilities. Katella was formed on August 22, 1997, by CHF Management, Inc., a corporation wholly owned by Charles H. "Chip" Fedalen, Jr. (Fedalen), and Brookhollow Expressway, a California limited liability company controlled by Gregory and James Knapp, the principals of The Brookhollow Group. The Brookhollow Group is a real estate construction and development firm. Although Katella is a newly-formed company, its principals have a combined experience exceeding 65 years in the real estate industry, including real estate finance, property management, construction, development and law.

Fedalen is a Senior Executive Vice President at Wells Fargo Bank in Irvine, California. He manages the Bank's Orange County Real Estate Group office. Prior to that, Fedalen was a practicing real estate attorney. He has been active in real estate for over 15 years and has extensive experience in real estate finance, investment, operation and development. Fedalen is also a licensed California real estate broker. Jim Knapp (J. Knapp) is Chairman of The Brookhollow Group. He is an active real estate investor and developer. J. Knapp was an Executive Vice President and Director of Pacific Enterprises (formerly Pacific Lighting Corporation). Following that, he was President and co-founder of Dunn Properties, an industrial development company. J. Knapp is also a former practicing real estate attorney. J. Knapp has over 35 years of experience in all aspects of real estate development, finance, management and investment.

Greg Knapp (G. Knapp) is President of The Brookhollow Group and responsible for daily management of its multi-faceted operations. He has extensive experience in marketing, asset management and all aspects of real estate development and entitlement. G. Knapp also serves as President and responsible broker for Lakeside Realty, a commercial leasing and brokerage company. G. Knapp has over 15 years of real estate experience including acting as principal in several industrial and commercial developments. He is also a licensed California real estate broker.