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1 Solar Update July 11, 2013 Michael E. Finn, CFO

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Coyote Hills, Zuni Hills and Peoria High School to begin construction April 1 Elementary schools completed August 2 High School completed August 30 Cheyenne, Desert Harbor, and Santa Fe to begin construction May 27 All completed September 27 2 Construction Schedule- Original Schedule

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Zuni Hills Plans submitted to city March 15th Permits issued May 23 rd Broke ground May 31 st New projected completion date of September 20 th Coyote Hills Plans submitted to city March 17th Permits issued May 23 rd Broke ground June 3 rd New projected completion date of September 20th 3 Updated Schedules and Progress

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Peoria High School Plans submitted to city March 18th Permits issued June 13 th Broke ground June 17 th New projected completion date of September 20 th Cheyenne Elementary School Plans submitted to city April 29th Permits issued July 1 st New projected completion date of November 15th 4 Updated Schedules and Progress

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Santa Fe Elementary School Plans submitted to city April 29th Permits still under review Projected permits on July 17th New projected completion date of November 15 th Desert Harbor Elementary School Plans submitted to city April 29 th Projected permits on July 17th Permits still under review New projected completion date of November 15th 5 Updated Schedules and Progress

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AERIAL VIEWS OF WORK IN PROGRESS 6

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QUESTIONS 10