PETALUMA, Calif. - September 8, 2003 - The Old Adobe Union School District has
raised the $120,000 needed to restore its music program. Local builders Basin
Street Properties, North Bay Construction, Cobblestone Homes and Delco Builders,
as well as local foundations have come together and generously provided monies
to maintain the school district's chorus and band programs.

The combined donation from each builder totaled $50,000, and The Schlinger
Foundation and the Donald and Maureen Green Foundation gifted the remaining
$10,000 via grants of $5,000 each. Earlier this year, $60,000 was raised through
parental donations to the Enrich and Educate Fund, the school district's non-profit
foundation.

"This was a true community and industry effort, which will benefit a very important
cause," said Matt White, president and CEO of Basin Street Properties. "It was
gratifying to work with other community-oriented builders such as North Bay
Construction, Cobblestone Homes and Delco Builders to raise the dollars needed
to bring back the music program in time for the new school year."

In March 2003, the Old Adobe Union School District was forced to cut its music
program due to the state's budget crisis. After an impressive local effort by parents
and the Enrich and Educate Fund, $60,000 was raised. However, this amount would
curtail the fourth grade music program and limit fifth and sixth graders to music once
a week. An additional $60,000 was needed to restore the entire program. With the
combined support of local builders, parents and concerned foundations, the dollars
needed were donated in time for the 2003-2004 school year.

"Giving back to the community has been and remains one of North Bay Construction's
top priorities," said John Barella, president of North Bay Construction. "In addition to
the Adobe School District fundraising, we support many other worthy causes in the
Petaluma area. We are grateful that continued construction and development projects
give us the opportunity to provide this level of support."

Joe Keith, president of Cobblestone Homes, added: "What we're seeing in Adobe
School District is a classic example of a community coming together to ensure that
1,000 school children will be able to continue their endeavors in both band and choir.
The parents did their share by raising $60,000 - now the business community is doing
their part. Cobblestone Homes is honored to be a contributing partner." v "We are
thankful we had the chance to work as a team with the other builders toward such a
deserving cause," said Doyle Heaton, president and CEO of Delco Builders. "After
nearly 15 years of doing business in this region, we are more committed than ever to
continuing to do what we can for our local schools, programs and community."

For additional information, please contact the Old Adobe Union School District, the
Enrich and Education Fund or Basin Street Properties.