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`Kestrel <br /> Management' Town of Vermont Risk Assessment Report <br /> 1 . BACKGROUND <br /> Kestrel was retained by the Town of Vermont to conduct a risk assessment for due diligence purposes <br /> of the proposed rezoning (Ag-1 (EX) to Commercial 2) of—22 acres of farmland located at 4710 Cedar <br /> Hill Land, Black Earth, Wisconsin by Cedar Hill Forestry LLC (Photo 1). Cedar Hill Forestry would be <br /> leasing property to Orbital Technologies Corporation (Orbitec) for the development of an engine test <br /> facility, initially for reaction control engines (RCS engines) and eventually upper stage engines (Photo <br /> 2). <br /> The risk assessment included a review of Orbitec's proposed development plans and operations to <br /> assess what activities have potential for impact to the environment and surrounding properties. Risk <br /> concerning the following areas were assessed: <br /> Environmental <br /> • Noise <br /> • Fuel storage and spill prevention <br /> • Water and wastewater <br /> • Air emission sources <br /> Safety <br /> • Heavy vehicle traffic <br /> • Fire and explosion hazard <br /> The report concludes with a table containing recommendations to the Town of Vermont for addressing <br /> the major risks associated with the construction and operation of the proposed engine testing facility. <br /> 2. OBJECTIVES <br /> The Town of Vermont has requested that Kestrel provide information, based on our initial proposal, to <br /> undertake due diligence measures to assess whether there are outstanding environmental or public <br /> safety impacts to the proposed site or the surrounding properties that would affect/prevent further <br /> negotiations with Cedar Hill Forestry concerning the proposed development opportunity with Orbitec. <br /> 3. APPROACH/METHODOLOGY <br /> Kestrel conducted a pre-assessment conference call with Town of Vermont representative(s) Barbara <br /> Grenlie (Town Board Chairperson) and Karen Carlock (Town Clerk). This interview established the <br /> perspective of the of the client and helped define the deliverable for this scope of work. After this <br /> meeting, Town of Vermont provided many documents for Kestrel's review. Key contacts from both <br /> parties were identified and an onsite visit with Orbitec and their representatives was scheduled. <br /> Jack Anderson and Jake Taylor from Kestrel, along with Barbara Grenlie, participated in an onsite visit <br /> with Orbitec representatives on Friday, June 3, 2016. Paul Pignet, Chip Sauer, and Joey Rideout of <br /> Orbitec, and Ben Meneker of ACS attended to represent Orbitec. This visit allowed Kestrel to gain a <br /> Page 2 <br />