Letter of Intent

February 17, 2023 To: Phil Hahn, Founder and Developer of Carmelita Gardens LETTER OF INTENT We, the Carmelita Gardens Community whose names follow the end of this Letter, want to make it clear that we are ready and willing to work with you to see a smooth transition to an HOA. We believe that there are benefits to both owners and the Developer to work cooperatively as Carmelita Gardens progresses to a HOA.

Letter of Intent that was signed by a number of residents in February 2023