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QUALIFIED ZONE PROPERTY CERTIFICATION <br />The undersigned for Gold Coast Baking Company, Inc. (the "Owner") hereby certifies <br />that as of [DATE] that the Project meets each of the criteria for Qualified Zone Property <br />described below. <br />. Terms not defined herein shall have the meanings given them in the Empowerment Zone <br />Facility Bond Compliance Agreement, dated as of April 1, 2000, by and among Owner, the <br />California Infrastructure and Economic Development Bank and the City of -Santa Ana.'. - <br />The Project consists of property to which Section 168 of the Code applies (or would <br />apply but for Section 179 of the Code) if: <br />(a) such property was acquired by the Owner by purchase (as defined in <br />Section 179(d)(2) of the Code after the date on which the designation of the Qualified <br />Empowerment Zone took effect; <br />(b) the Original Use of the Project commenced in the Qualified Empowerment <br />Zone with the Owner; and <br />(c) substantially all of the use of the Project is in the Qualified Empowerment <br />Zone and is in the active conduct of a Qualified Business by the Owner in the Qualified <br />Empowerment Zone. <br />In the case of any property which is substantially constructed or renovated by the Owner,. <br />the requirements of (a) and (b) shall be treated as satisfied. For purposes of the preceding <br />sentence, property shall be treated as substantially constructed or renovated by the Owner if, <br />during any 24-month period beginning after the date on which the designation of the Qualified <br />Empowerment Zone took effect, additions to the basis with respect to such. property in the hands <br />of the Owner exceed the greater of (i) an amount equal to 15 percent of the adjusted basis at the <br />beginning of such 24-month period in the hands of the Owner or (ii) $5,000. <br />For purposes of the requirements set forth in (b) above, if property is sold and leased <br />back by the Owner within 3 months of the date such property was originally placed in service, <br />such property shall be treated as originally placed in service not earlier than the date on which <br />such property is used under the leaseback. <br />GOLD COAST BAKING COMPANY, INC. <br />Lo <br />Printed Name <br />Title <br />06-4514.05 <br />