Inspired by

“Florida’s First Green Town”

Inspired by

Sweetwater Ranch is in Hardee County, approximately 50 miles southeast of Tampa and just east of Manatee County. Hardee County is located in the Heartland of Florida, an area surrounded by Routes 17 and 27.

Where is Sweetwater Ranch?

Hardee County

The Sweetwater Vision…Old Florida Lifestyles… New Florida Living…All within your reach !

Sweetwater Ranch is an authentic, sustainable, and innovative community…

• designed to fit into the natural beauty of its environment.

• planned as a sustainable “Green Development” from inception that will create up to 16,000 energy efficient homes that will re-define safe, affordable, quality housing in Central Florida.

• that will be designed for families and recent retirees of all ages.

• with a walkable town center, nature trails, bike paths, and community centers.

• with traditional “Florida” architectural standards (Key West, Florida Vernacular, and Craftsman styles) that will diversify the community while maintaining Old Florida’s heritage.

• with golf courses and recreational areas nestled around lakes, wetlands and woods.

Our Community…

Charlie Creek flows through the site, offering an environmental gem and an important source of water for the site. Water from Charlie Creek and from underground sources will provide all water for the community. Half the site will be preserved in its natural beauty.

Aerial View

Sweetwater Ranch will be developed as a Green sustainable community offering residential housing, commercial uses, light industrial uses, recreational uses, churches, educational facilities, parks, golf, trailheads and open conservation areas, in order to provide future residents with all the components necessary for a new town.

Tell me about the project…

Cara Cara NestCara Cara BufferProject BoundaryPhasingGolfGreenOpen SpaceParkPreserved UplandRecreationRight-of-WaySchoolsStorm Water PondsTortoise MigrationTown CenterTransit-ReadyVillage CenterWetlandWorkplaceVicinity Parcels

Throughout the project, nature trails and bike paths (paseo) will connect the neighborhoods and commercial areas to allow residents access to the natural gems of the project, including Charlie Creek.

The Trail Plan

The first phase of the project will be developed in the southwest quadrant of the property. A village center with full amenities (community activities, pool, retail & restaurant). A 9-hole golf course and club will be under construction prior to home sales.

The Southwest Quad

The village center will be the hub of activity for the residents of Sweetwater Ranch. Here the residents can meet, dine, and play. The nature trails and bike path (paseo) will emanate from the village center.

The Village Center

The village center will include a variety of Old Florida architectural styles, just like the homes in the community. Here residents will find the welcome center, developer’s offices, retail, restaurant, activity center, and pool area.

The Village Center

Homes will range in size from 1,100 s.f. to over 2,500 s.f. to accommodate a variety of lifestyles. Lot widths will vary from 40’ to over 60’ and lot sizes will be mixed within the community to promote a variety of home sizes and types within each neighborhood. Some homes will have rear alley access, allowing more intimate streets to promote a real community.

The Homes

Several quality homebuilding companies have been approached to construct the homes in Sweetwater Ranch. To maintain high quality and low cost, the developer plans to promote system built modular technologies with their builder programs at Sweetwater Ranch. These homes are typically constructed under ideal conditions, with less waste, fewer delays and produced by skilled and dependable craftsman. The Partnership reserves the option to direct develop and build these modular homes.

The Homes

Not including the toll roads, it is estimated that annual sales can reach 500 units per year with people already in the area and with out-of-state sales. The addition of the toll roads can quadruple annual sales.

What about our home sales?

Target Sales and Occupancy - Baby Boomers & Eco Boomers

Working Families with NO children or dependents (1 to 2 average home occupants) 15%

Working Families with children and/or dependents (4 to 5 average home occupants) 30%

Seasonal Households - six month avg. residency (one or two average home occupants) 5%

Retiree Households - year round residents (1 to 2 average home occupants) 45%

Working Families with adult dependents only (3 to 4 average home occupants) 5%

Total 100%

Who are our future homeowners?

Wherewillour

Home-owners comefrom?

Wherewillthey

work?

The State of Florida is evaluating a toll road to connect the east and west coasts. The planned route runs through Hardee County.

Heartland Coast to Coast

The State of Florida is evaluating a toll road as an additional north-south route to ease traffic congestion and to aid economic development and hurricane evacuation. The planned route runs through Hardee County.

Heartland Parkway

When these two roads are constructed, they will intersect in Hardee County, bringing an enormous economic advantage to Hardee County. Sweetwater Ranch is strategically not located within the proposed path, but is close enough to benefit.

Where will the Future Toll Roads Intersect?

While the proposed state toll roads would benefit Sweetwater Ranch by expanding the local service area (the area where people living now can be expected to relocate to Sweetwater Ranch), there is still a very large area that will attract new residents within Florida’s Heartland.

• Land Conservation and Stewardship • Green Building Construction• Energy Efficient Technologies• Attainable Housing • Sustainable Communities

The Sweetwater DNA

A Partnership with• BIG

• GE Energy Star Appliances & Lighting• GE Brilliance Solar Systems• GE Tankless Water Heater Systems

• BIGGER• Technology for Airtight Envelopes in Every Home• Certified Green Construction Designation – Community Standard• GE Master Gray Water Facilities for Recycled Water• GE Water and Wastewater Utility Infrastructure • GE Power Generation

• BIGGEST• GE Mortgages based on a Home’s Energy Efficiency Credits• GE SmartCommand Digital Home Technology

Environmental performance

Operating performance

1 Double R&D…$1.5 Billion

2 Grow Revenues… $20 Billion

3 Reduce Emissions

4 Report Progress

A growth strategy for the company

45+ customer solutions

Transportation Aviation • Rail • Automotive • Marine

Industrial Lighting • Appliance • Motor • Material • Finance

Energy IGCC • Solar • Biogas • Wind • Gas turbines

Water Reuse • Desalination • Industrial • Cooling

“Since launching ecomagination…

Immelt and GE have taken great strides—

and both their customers and

policy makers have begun to respond…”

Jonathan Lash, WRI

85% would buy a home with energy technologies if the energy bill savings offset the increase in mortgageEnergy Pulse Survey, 2006

Green Homeowners are more satisfied with their new green home vs. previous home

Green Homeowners are likely to recommend a green home purchaseMcGraw Hill Green Home Survey, 2007

What do homeowners think about green?

Blueprint for

Green Homes

Building Science foundation

Advanced Lighting

High performance appliances

Energy Management

Turnkey Marketing materials

Options

Solar Power

Innovative Mortgage

At least 20% less total energy, indoor water & emissions

Plus improved indoor air quality

Key building science principals PLUS whole home product solutions

Tight Construction

Fresh Air Ventilation

Improved Thermal Systems

Internal Moisture Management

Combustion Safety

Pressure Balancin

g

Right-sizedHVAC

Equipment

GE Collaboration with MascoThe Environments For Living® Program

Appliance & Lighting

Dashboard

Renewable PowerGE Money

Water Management

Indoor Air Quality

$$$

Advanced Lighting PackagePlug Load Efficiency

Efficiency 50%+ compact fluorescent lightingEnergy Star ceiling & bath fansCFL’s use up to 75% less energy than incandescent

And Quality Optimized package for each floor planSelective GE Reveal lamps8-12 times life of incandescents

Energy Star Meets Energy Star ALP requirements

High-Performance AppliancesPlug Load Efficiency

GE Profile ™

Dishwasher (30+ models)

Energy star qualified

Auto hot startExtra clean sensorRefrigerator (115+ models)Energy star qualified

Laundry (4+ models)Energy star qualifiedUltra water-conserving

GE Monogram®

GE®

GE® Café

Indoor Water UseWater Conservation

• Appliances• Laundry: largest single user• Dishwasher

• Fixtures• Included in EFL Green program• Low-flow toilets• Showerheads• Faucets

Outdoor Water Use (Optional)Water Conservation

• Water Recycling System• Outdoor use = 40%+ of total water• Reuse wastewater for landscaping• Central system for community• Modular, small footprint

LandscapingIncluded in EFL Green programSmart Irrigation ControllersSmart Landscaping

Modular technology

Ratings per kW DC solar:~100 ft2 required per kW~1,450 kWh AC production/yearNo moving partsMinimal maintenance25 year limited power production warrantyInstallation options:Trellis, porch awning, hip roofRoof-integrated concrete tile

GE Brilliance Solar SystemsRenewable power

SmartCommand Home Control PlatformMonitoring & Control

Current & trended…Electricity useSolar power productionWater use

Plus…Programmable

Thermostat(s)Lighting control interfaceIntegration with GE

Security Integration with GE intercom

Integration with GEhome audio

Centerpiece of the program… Demonstrates the value

New product: Availability Q4 2007

SmartCommand Home Control Platform Electricity & Water

SmartCommand Home Control Platform Electricity & Solar

SmartCommand Home Control Platform Benefits

Innovative mortgage

Broad Product Suite

• Fixed and Adjustable-rate energy efficient mortgage products

• Debt-to-Income ratio adjusted favorably with expected utility savings

Customer Guarantees

• Best Price: GE pays the customer $500 if we cannot beat a rival lender’s price on conforming 1st mortgages

• Same Day Loan Decision: Loan decision on conforming 1st mortgage application within one day or GE pays the customer $250

• On-Time Closing: We meet the closing date on a purchase loan, or we reduce the customer’s interest rate by 1/8 of 1%.Closing

Cost Credit

• $500 credit against standard GE Money closing costs

ecomagination homebuilder programTurnkey marketing

The power of the GE brand Inspired by ecomagination

Model Home DVD

Interactive consumer touch-screen experience

Comprehensive sales training

Print & ad templates

Web Site reference

ecomagination homebuilder

program

Sample ad

“Green is the new red, white, and

blue”- Thomas Friedman, New York

Times

The time is right…

“Save green by living green”

• State DRI application being prepared and meetings with regulators are ongoing.

• Modification of Hardee County Comprehensive Plan documents ongoing.

• Modification of Hardee County Land Development codes are ongoing.

• Jurisdictional determination of all wetlands nearly complete (there is over 110 miles of wetland lines).

• Anticipated DRI approval: First Quarter 2009

• Please refer to Project Status Report in your binder for Detailed Summary

Project StatusGE Brings

Sweetwater Ranch to Life

Sweetwater Ranch

Sweetwater Ranch Company, LLC

Owner/Borrower

Florida Green Communities, LLC

as its Managing Member

All Subsidiaries including

Sweetwater Ranch Utilities, LLC

All Joint Venture Interest