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Nestled just outside of Coal Grove, Ohio there is an Urban Styled, Eco friendly, affordable housing development being built called Limestone Community; This 571+/- acre sustainable housing community is designed to revolutionize the housing market for years to come, as new or replacement housing within the area, it will integrate state of the art construction, wrapped as an environmentally sensitive mixed-use residential and commercially, gated community.
Throughout this park like campus it will feature its own renewable energy facility that will fuel the neighborhood, as it perpetuates a modern, small town lifestyle, all designed to embrace today’s entertainment, technological and communicative advances; which promises to enhance the lives of each resident by influencing their standard of living, without compromising their key core values. As you review the dynamics of this project, understand you are setting the pace for the future and impacting one of the nations most industrious areas. This tri-state sector between Ohio, Lexington - Ashland, Kentucky and Huntington, West Virginia has impacted the world through its production of steel, coal and petroleum plants, all are just miles away.
While substandard housing plagues this area, the income per capita ratio is ideal for a development of this type, primarily because the disposable income ratio is under saturated. This unsaturated market is there because minimal attempts to expose the surrounding communities to the technological advances given to the rest of the country have not been fully exploited. As you review this investment know that there is an open market of viability within this tri-state sector and all that is needed is for you to believe that the following improvements can create a vast opportunity in various markets through sales, leasing, retail, entertainment, hospitality, franchising, medical, technological, educational and various other business opportunities.
As a 23-year veteran Managing the Business and Tax Affairs of companies and individuals within the Entertainment and Real Estate Industry; whose financial portfolios were in excess of 3 billion dollars, I have been blessed to develop Professional teams that understand the magnitude and varied dynamics encompassed with a development of this type. Where our Board of Directors represents worldwide expertise spanning 20+ years in finance, architecture, engineering, design, technology, environmental, entertainment, legal, housing, and commercial development. We’ve created corporate structures that engineer viable communities, resonating healthy lifestyle choices for years to come. Our Board Members include:
KlingStubbins: An Architectural Firm for Venetian Resort Hotel, Christina Landing Apt. Tower | Townhomes
Jacobs Engineering: Client List: U.S. Department of Defense (DOD), National Aeronautics and Space Administration (NASA), U.S. Special Operations Command (USSOCOM), and the Australian Department of Defense.
HKA Architecture: Client List: LAC+USC Medical Center, Torrance Memorial Medical Center, LA County Health Services
Clark Construction: Clients Include LA Live / Nokia Center, Cal Trans 7th District HQ, Pacific Beacon in San Diego
Freilich | Popowitz: Land Use Attorney’s for various States including C.A. | N.Y.|N. J., & 200 other Cities |Counties
Demographic: Marketing and Advertising Approach:
Tri-State Residents: 600,000++ Movie Trailers, Billboards & Electronic Bulletin Board (s)
Existing Business Population: 25,000+ Develop Newspaper & Periodical Supplements, etc.
Local Job Creation: 10,000 Advertising via Internet and Social Media Outlets
Permanent Job Growth: 30% Radio, Cable / T.V., & Print: Satellite / Digital / Analog
Our TARGET MARKET: Is Represented by these three (3) States w / Multiple Counties and Cities Like:
Ohio: Kentucky: West Virginia:
Counties: Lawrence & Scioto Counties: Boyd & Greenup Counties: Cabell & Wayne
Cities: Coal Grove, Ironton, Chesapeake Cities: Ashland, Winchester, Paris Cities: Huntington, Vienna, Barboursville
Where Consumer Confidence is built on Positive Social Image, and interaction by Promoting, a Quality Product, that is, Eco-friendly, timeless in design, comfortable, and stylish.
Owner’s Investment Capital to Date: $6.3 Million
Corporate Structure, Development Cost and Time:
Each Public Corporation shall have it’s own Board of Directors and Advisors:
E.F.S. International a Holding Co. for Limestone Community, An Incorporated City
CO.TE.EN. Corp. a Technologies / Communication / Entertainment Co.
E.R.I.N. Industries an Environmental / Renewable Energy / Infrastructure Co.
Project Cost $15 Billion
Corporate Reserve Account $5 Billion
Development Period 10 – 15
Round One Fund Raising Goal:
First Round Goal $150,000,000.00
First right of refusal on vesting after 50%+ of principal is repaid to investor.
Stock on Shares Issued in accordance with Reg. D-506 Filing
Forty (40%) Percent of Shares Offered in each entity are available for purchase
Annualized Average Minimum Return on Investment is 5% (see investor details for explanation)
Minimum Shares Purchased Per Investor 190
Average Cost Per Share $263.13 (see investor details for explanation)
Minimum Commitment $50,000.00 (based on this investment amount)
Average Investment Period 24 months +/- (based on this investment amount)
Premium Equity Investment Amount $1,000,000.00
Premium Investment Period 36 - 48 months
Premium Anticipated Return 8% - 12% ++; based upon commitment period and participation amount
Premium Number of Shares Available 11,402
Investor Agreement outlining a projected Minimum / Maximum Return
Preferred Return on Capital Investment is based on Fair Market Evaluation
Repayment of Investor (s) Funds will be held in a Corporate Reserve Account designated for Disbursement while:
Additional Capital is Raised with the Public Offering issuance of:
Short & Long Term Corporate Notes (1 - 10 year)
Revenue is Generated Thru Residential / Commercial Sales and Leasing
Selling our Utilities and Technology Services to A.E.P. and other local residents
Operation of Entertainment, Hospitality, and Conference Center
Some Investment Capital will be guaranteed by the Federal Government
Tax Credits for Empowerment Zone’s, Redevelopment Area, Renewable Energy, Charitable, Infrastructure, etc.
Additional Capital will be generated through the Merger and Acquisition of a Premium Commercial Real Estate Portfolio currently developed in Key Markets throughout the U.S.. These properties will consist of :
Office Buildings, Multi-Family Apts., Medical, Warehouse, Retail Centers, etc..
And include cities like:
Los Angeles, San Francisco, New York, Atlanta, Dallas, Chicago, Seattle, etc.
As we build, sell and payoff debt, market conditions will improve within our development area. Obtaining investment capital, positions us to implement corporate shells within these primary markets:
NYSE Tokyo London
This approach will repay investors, financially strengthen the project for consistent long-term growth, as well as generate revenue from our commercial investment portfolio.
We are very excited about presenting you with the investment opportunities, as outlined within this document; and thank you for taking a moment to consider actively participating with us in these Collateralization Portfolios. In realizing the key component with both clients and investors is preservation and protection of investment capital for long term reuse in other markets. We understand the need for some form of assurance, as each participant vest into these cross collateralization funds; all of which are designed to ensure continued opportunities, both within E.F.S. International’s investment markets and our clients and or investors interest as it pertains to your other investment opportunities.
As we embrace the reality of integrating these assets, it brings the viability of certain cash equivalents, as implemented through a formalized disbursement structure; it is with this structure that will assist us in accomplishing the collateralization goal to generate the continuous revenue needed to repay all of the investment capital entrusted to us during the investment period. Outlined below are some of the suggested collateralizing instruments for the investor’s capital (there are other alternatives):
1). Municipal Bond as a Cash Subordinate:
Initial request, up to $1 Billion +/-Through the existing Municipality i.e. Lawrence County for the current and future development of Limestone Community this can be prepared, underwritten, and distributed within the first year of the development plan.
2). Creation of our own Municipality:
Our request would raise; up to 1.5 Billion +/- over the development period.
Through the Incorporation of the Project area as a City within Lawrence County, thus enabling us to establish / issue our own Municipal Bond and or create our own District on various levels to include the following:
A). Water – Sewer District / Bond: Utility
B). Energy / Renewable Energy Bond: Utility
C). Infrastructure / Development Bond
D). Technology / Entertainment Bond
3). Infrastructure / Development Bond:
Guaranteed and underwritten by the Federal Government and State of Ohio based on allocation of Federal Funds created / established for the exact same purpose. Initial Request would range from $300 Million or more (See Footnote )
Insurance Instrument (s):
4). Financial Guarantee | Performance Bond:
Financial Guarantee Bond:
A non-cancelable indemnity bond, backed by an insurance company, which guarantees that principal and interest will be paid in compliance with the underlying contractual agreement or promissory note. Financial guarantee bonds are used by debt issuers as a way of attracting investors: The guarantee provides said investors with an additional level of security that the investment will be repaid/obligation will be fulfilled in the event that the securities issuer is unable to do so.
The bond may benefit the principal, by enhancing the principal's credit worthiness thereby lowering the cost of financing. The guarantee "wraps" the security / promissory note with the insurer's indemnity. Because the bond represents an “UNCONDITIONAL GUARANTEE” of compliance/repayment, a preferred interest rate is often offered.
A performance bond guarantees performance of the terms of a contract. These bonds frequently incorporate payment bonds (labor and materials) and maintenance bonds. Bonding ultimately aims to protect the project owner from financial loss should the contractor fail to perform the contract in accordance with its terms and condition’s.
Underwritten by a “Tier 1” Insurance Company, who will cross collateralize the investment capital with a credit line through one of the Top Five Banks in the World, leaving the principal investment in an interest bearing account over the investment term. Thus creating a residual value and reducing the anticipated taxable gain on the income over the investment period? (Confirm this point with CPA). This will be done for each phase of work to ensure that every phase is completed in accordance to and as outlined within the development agreement. (See Footnote )
5). Income Producing Commercial Property:
Use a portion of the investor capital to acquire and build a real estate portfolio, where the annualized income minus, taxes, cost of operation, insurance, etc., would be greater than the monthly payment disbursed for the portfolio to include investor payments. Wherein, the cumulative portfolio value increases at an average market rate of return during the investment period. Approximate Portfolio value should range between $500 Million to
1 Billion, which should generate a minimum, annualized income of $55 Million or more.
6). EB-5 Investor Visa Program:
Under federal law, 10,000 immigrant visas per year are available to qualified individuals seeking permanent resident status on the basis of their engagement in a new commercial enterprise. This visa program is popularly called the EB-5 visa program. If the investment in a new commercial enterprise is made in a Targeted Employment Area (TEA), the required investment is $500,000. A TEA is either a "High Unemployment Area" that has experienced an unemployment rate of at least 150 percent of the national average rate or a "rural area". The Goal is $500 Million per development phase from this program (See Footnote )
7). Interest Bearing Capital Preservation Account:
Deposit the Monthly Draw Allowance and advance from another instrument like a SBLC, Bond, etc., all of which are collateralized by that phase of work on the project and another asset like a corporate note/ bond / stock, etc.; this is issued in coexistence against a bond, all of which is repaid through; the projected revenue in the form of taxes base, sales, leasing, or operational revenue from one of the income streams, wherein this is drawn against the future growth based on one and or all of the following five reports:
1). Land Use Attorney who identifies by working with the County, State & Government on the effective use, type, and zoning for the entire project.
2). Market / Economic Analysis of the entire project
3). Financial Forecasting Analysis in co-existence with an MAI Appraisal
4). Traffic Analysis
5). Finalizing the Master Plan
8). Cash and /or Asset Backed - Medium Term Note (s) (MTN):
These instruments are prepared for up to $5 Billion U.S. Dollars, and disbursed through a Top Five (5) Bank, at a processing cost through all of the, highly trained professional’s who specialize in this industry and retained for this task of approximately $8 – 12 Million +/-. These MTN (s) will be sold on an institutional level at the dictated market rate, within a twelve – fifteen (12-15) month period; where the average time of maturity is Ten (10) years to the issuer. Bare in mind the investors accrued principal and interest will be reimbursed at the end of the Twelve to Fifteen month period. (See Footnote 4)
9). Stand By Letter of Credit (SBLC) / Bank Guarantee:
Equivalent to One (1) Years draw value, and issued through a Top 5 Bank, and is prepared as directed according to the terms and conditions by the Governing Institution where it’s drawn upon, in denominations conducive to the exact same.
The project and its cumulative cash or cash equivalents are demonstrated within the associated reports, analysis, mineral rights, and studies, as prepared by some of the world’s top individuals, firms, and companies are the collateral. The maximum amount that we would request is ten percent of the development budget. (See Footnote 4) (See Footnote )
10). Private Placement Memorandum:
Organize Monthly Corporate Events i.e. Breakfast, Luncheons, Cocktail Parties, and Dinners, for the purpose of educating these representatives on eco-friendly, smart use, affordable housing, mixed-use, developments and raise a minimum of $10 Million ++ in investment capital per event.
These events maybe sponsored by companies who would like us to use their products for marketing purposes. However the goal is to gather groups of not less than 5 and not more than 50+/- investors. These Advisors represent:
1). Pension and Annuity Funds 2). Union Organization (s)
3). Investor Groups (Doctors / Lawyers) 4). High Net Worth Individuals
5). Professional Athletes & Entertainers 6). Specialized Corporate Interest
These collateral recommendations are governed by a time constraint as demonstrated by the investor on their use and placement of funds; and are an industry standard for collateralization. We have a list of companies that are available to assist in the further explanation, demonstration, and use of the aforementioned categories. As questions arise, my contact is 818.732.1580.
Housing Relocation Program: Our housing relocation program will assist in the placement of as well as the Sale, Purchase, and Leasing of up to 300 units that will be economically conducive to the developing market, estetically and structurally designed to assist, single parent household’s, veterans, and the disabled to obtain a new residence within our community. The total budget allocated to implement this program directive is $350,000,000.00 over the 15 year development period.
Develop a 350,000 square foot Medical & Homeopathic Healthcare Facility w/ Doctors Offices, that is state of the art, not just in design but also in functionality. Where the overall goal is quality healthcare, based upon our understanding of the demographics within the area’s population, it suffers from effective guidance through education, which brings the knowledge, and implementation of affordable healthcare practices using today’s modern techniques.
Nestled just outside of Coal Grove, Ohio there is an Urban Styled, Eco-friendly, affordable housing development, being built called Limestone Community; This 571+/- acre sustainable housing community is designed to revolutionize the housing market for years to come, as new or replacement housing within the area, it will integrate state of the art construction, wrapped as an environmentally sensitive mixed-use residential and commercially, gated community.
Throughout this park like campus it will feature its own renewable energy facility that will fuel the neighborhood, as it perpetuates a modern, small town lifestyle, all designed to embrace today’s entertainment, technological and communicative advances; which promises to enhance the lives of each resident by influencing their standard of living, without compromising their key core values. As you review the dynamics of this project, understand you are setting the pace for the future and impacting one of the nations most industrious areas. This tri-state sector between Ohio, Lexington - Ashland, Kentucky and Huntington, West Virginia has impacted the world through its production of steel, coal and petroleum plants, all of which are just miles away.
While substandard housing plagues this area, the income per capita ratio is ideal for a development of this type, primarily because the disposable income ratio is under saturated. This unsaturated market is there because minimal attempts to expose the surrounding communities to the technological advances given to the rest of the country have not been fully exploited. As you review this investment know that there is an open market of viability within this tri-state sector and all that is needed is for you to believe that the following improvements can create a vast opportunity in various markets through sales, leasing, retail, entertainment, hospitality, franchising, medical, technological, education and various other business solutions.
As a 23-year veteran Managing the Business and Tax Affairs of companies and individuals within the Entertainment and Real Estate Industry; whose portfolios were in excess of 3 billion dollars in assets, we’ve have been blessed to develop Professional teams that understand the magnitude and varied dynamics encompassed with a development of this type. Through this team our worldwide expertise spans 20+ years in finance, architecture, engineering, design, technology, environmental, entertainment, legal, housing and commercial development; where we’ve created corporate structures that’s engineered viable communities which resonate healthy lifestyle choices for years to come.
As you read through the following information it will demonstrate the scope of the overall project (See “Appendix 1” for assignable areas and acreage review “Appendix 2” for development cost):
STANDARD / MODERATE STYLED FAMILY LIVING (685 units):
These homes are designed, built and marketed as new / replacement housing for individuals who are first time homebuyers, expanding families, veterans, the semi retired and senior citizens. Average price per unit will be $310,000.00, with lot sizes beginning at ¼ of an acre, price points ranging from $255 – $375K +/-. Home sizes are 1,500 - 2,700 square feet, with an average residence size of 2,000 square feet, with an average sales price of $295K to include upgradeable features like a Smart home option.
UPSCALE FAMILY LIVING (120 units):
Designed for the professional, these homes range in size starting at 3,200 - 7,000 square feet with an optional detached Guest House. The average size home is 4,250 square feet, which will be pre sold and built as a semi-custom residence with upgrades. Lot sizes start at 1/3rd acre, price points are determined by location, lot size, plan selected, these homes range from $425 – $950K +/-. The average sales price is $530K, where the Smart home feature is a standard in this residence.
STANDARD LUXURY STYLED TOWNHOMES / MASONETTES (575 units):
Situated along the Ice Creek streamline designed for newly weds, empty nesters, first time homebuyers, veterans, single parent, and small families. Unit sizes will vary from 1,700 – 2,250 square feet: with bonus rooms available in the basement or optional third floor expansion. The average unit size will be 2,000 square feet, ranging in price from $195K – $275K, with the average price per unit of $235,000.00 and is built with all of the standard amenities: a buyer can purchase selected upgrades as available. Building Size: 3 – 6 Unit Cluster (these are 3 story units)
UPSCALE LUXURY STYLED TOWNHOMES (285 units):
Located directly adjacent to Solomon’s Pond, designed for the Professionals, moderate first time homebuyers, or small families. Prices ranging from $275K – $310K designed in a tasteful, yet elegant style with dual master suites one situated on its own floor with an oversize bathroom, steamed shower, closets, fireplace, balcony, storage and the other a smaller version sharing the second floor with a third bedroom and two separate bathrooms and a guest bathroom on the first floor. Each unit will range in size from 1,900 – 2,450 square feet, to include a smart home option. The average unit size will be 2,200 square feet, at an average price per unit of $300,000.00.
These homes will host an array of built-ins and some upgrades as standard amenities and optional select upgrades as available. Building Size: 3 – 6 Unit Cluster (these are 3 story units):
SENIOR / VETERAN STYLE MASONETTES (485 units):
Designed in a, simple style with soft rounded corners, decorative support rails in the primary areas of the house for the medically challenged, wider doorways, hallways and closets, for wheel chair accessible movement, equipped with monitoring devices in each room centralized in the extended stay/ nurses quarters.
These residence’s, are designed for assisted living, veterans, empty nesters, retirees, unit sizes range from 1,150 – 1,650 square feet; price points are $185K – $270K. A standard feature will be a Smart home link to the medical and security facility. Average unit size is 1,425 square feet at a cost of $225,000.00 per unit. Upgradeable features as available are offered.
THE STANDARD - A CONDOMINIUM COMMUNITY (1,600 units):
These residences are designed in an open floor plan ranging from 1,100 to 1,850 square feet, styled with terraces that over look the community from most locations. The buildings will be built with studios, 1, 2 or 3 bedrooms, some in a loft styled atmosphere that embraces a person or families need for individuality, comfort and growth. Pricing starts at $140K – $225K, designed for singles, college grads, first time homebuyer’s, some veterans, the semi retired or a small family, these units are built with the finest material: with upgrades as available. The average unit size is 1,500 square feet at a cost of $191,000.00 per unit.
MODERATE STYLED CONDOMINIUMS (375 units):
That are designed as 1 – 2 bedroom units, some may offer a loft as a 3rd bedroom / family room, with 12 foot ceilings, gourmet styled kitchens, wrap around terraces with a fireplace, all on a stone, wood or carpeted floor. These spacious 1,300 – 2,100 square foot residences start at $195K - $285K. Where the average size unit is 1,750 square feet, priced around $230,000.00 per unit. Upgrades are available.
PENTHOUSE STYLED CONDOMINIUMS (75 units):
These spacious residences are designed as single, two and three story homes starting at $245K - $350K where standard amenities are upgraded materials. They range from 1,700 square feet to 2,850 square feet, accessible via a controlled entry, on two levels and a smart home controller. With various floor plans to choose from these 1 – 3 bedroom units, with 12 Foot ceilings, fireplaces, gourmet styled kitchen, on natural hardwood or stone flooring, that over look the mountains or community with glass encased terraces, are a families dream. Average unit size is 2,375 at a price of $310,000.00.
SENIOR LIFE CONDOMINIUMS (285 units):
Designed in a, simple style with soft rounded corners, decorative support rails in the primary areas of the house for the medically challenged, wider doorways, hallways and closets, for wheel chair accessible movement, equipped with monitoring devices in each room centralized in the live in / extended stay nurses quarters. Created for assisted living, empty nesters, and the retired, unit size from 1,300 – 1850 square feet; price points are $165K – $270K. A standard feature is a Smart home link to a medical and security facility. Average unit size is 1,625 square feet, at a sales price of $240,000.00.
APARTMENTS (1,650 units):
Comprised of studios, 1, 2, 3 bedrooms, designed in various floor plans, to include fireplace, gourmet style kitchen, balconies, lofts. Where the average monthly rent is between: $775 – $1,150 each unit averages 650 – 1,050 square feet. Average size unit is 875 square feet at a door cost of $81,000.00 +/- per unit.
OFFICE CONDOMINIUMS (75 units):
Ranging from 300 – 5,000 square feet, selling between $40,000 – $450,000, Designed for the start up or seasoned business owner, whose interested in a clean, modern working environment, pre-wired for high speed internet, satellite/cable, plumbing, etc., upon request each office will electronically interface with the onsite medical center. Average Office Size of 1,800 square feet, at a Sales price of $360,000.00.
Office Space: Sale / Lease w/ Education / Research Library - 735,000 square feet, at Market Rate, Fully Divisible.
COMMERCIAL / RETAIL / ENTERTAINMENT COMPLEX – 2,225,000 square feet:
Indoor 6,000 +/- seat Interchangeable Multi-Level Amphitheater
250 Room Hotel and Conference Center
Restaurants, Retail Shops, Super Market, Banks, etc..
Pre & Post Production Film Facility w/ Sound Stage to include:
Fully Inter-gratible Music Studio For Immediate On-Line distribution
10 Screen Multi-Plex Movie Theater / Screening Room (s)
Sports Bar / Restaurant
Interactive Gaming Arcade / Bowling Alley
Medical Center / Clinic
Worship Center, Child-Care and Youth Center
Multiple Parking Structures & Surface Lots
Civic / Police / Fire
RENEWABLE ENERGY / WASTE WATER TREATMENT CENTER:
Limestone Community shall develop an onsite Waste Water Treatment and Water Filtration Plant, to include additional storage tanks, to assist with reclaimed water distribution to maintain common areas. Inclusive in our design is a Geothermal, water, wind and solar powered energy facility that will generate electricity throughout the community, this facility reduces the carbon footprint substantiality as well as assist residents by decreasing their average usage on utilities; This will generate tax credits and incentives for the city. All lighting throughout the community will be environmentally sensitive, which will decrease the overall community consumption as well.
TECHNOLOGY & COMMUNICATION CENTER:
Within the entire community, we shall install underground cabling, fiber optics, and satellite this will increase the population’s ability to effectively communicate with the rest of the world.
A park like setting with common areas consisting of flowers, plants, ground covering, foliage, and native trees, walking and bicycle paths, 3 ponds, with natural flowing streams.
Consisting of Paved asphalt, stone walkways, driveways, concrete curbs, and gutters, reusable material will be incorporated to reduce our carbon footprint on the use of environmental insensitive material.
Include Picnic Areas, Barbeque, Basketball, Volleyball, Tennis Courts, Gazebo, Indoor / Outdoor Pool and Indoor Jacuzzi, Gym, Wet / Dry Sauna, Computerized Research / Community Center / 24-Hour Security; Additional Parking Facility that will be a revenue source i.e. additional parking for vehicle’s, boats, ATV’s, etc. at a monthly fee to the resident.
PROPOSED DEVELOPMENT SIZE:
Although we understand that there are 571 +/- acres within the creation of this community, I need to emphasize the flat ground portion for multi-family high-rise and commercial development, has been determined to be approximately 12,196,800 square feet with an average building height of 5 – 8 stories +/-. Whereas, the hillside development for single family residential will yield us approximately 3,659,040 Square Feet, giving us flexibility to increase or decrease the development size as needed. As you review the Site Plan illustrated under the "Corporate Structure Tab" then go to "Project Overview Tab" bring you mouse down to the "Master Site Plan Tab" to see the proposed use of space.
Predicated on the proposed use of space we are directing our sales approach based upon Market studies, which indicates we can sell approximately 105+ units per year in a sluggish economy, this can increase exponentially by creating avenues of financing for purchasers. One of the proposed buyer incentive programs is an exchange where E.F.S. Int., elects to acquire the buyers old home in exchange for a new one, (almost a 1031 like kind exchange). Another option would be, by requiring higher down payments i.e. 20% or more with payment reserves in an interest bearing account for the first 2 - 3 years of ownership, this should decrease the probability of project failure and stabilize the communities economic consistency.
The Campaign for the upscale residences will be targeted toward professionals that migrated into the area due to a corporate relocation contract (s). Local Corporations relocate 350 +/- professional families per year from these industries; hospitals, oil refineries, steel mills, insurance, etc. This campaign establishes, a rapport with employers to direct their employees housing needs to our community.
vOur TARGET MARKET IS REPRESENTED BY THREE (3) STATES W / MULTIPLE COUNTIES AND CITIEs:
OHIO: KENTUCKY: WEST VIRGINIA:
Counties: Lawrence & Scioto Counties: Boyd & Greenup Counties: Cabell & Wayne
Cities: Coal Grove, Ironton, & Chesapeake Cities: Ashland, Winchester, and Paris Cities: Huntington, Vienna, and Barboursville
In an effective measure to maximize our investment, this development is outlined and designated as a green initiative, we shall utilize every viable Government; state and county tax incentive available, with our understanding of these incentives it will equate to a tremendous benefit for decades to come. In addition to the aforementioned we are designating portions of this project to be an affordable housing development, as we meet all of the state of Ohio’s criteria.
To assist those individuals and organizations who qualify, and need some form of assistance; we’ve designated $1 Billion Dollars, to establish, operate, and expand upon public, social, artistic, and athletic programs, demonstrating our efforts toward change within this designated area. This includes partially funding the building of a Medical Facility, Worship Center, Educational and Research Campus, as well as a Housing Relocation programs.
Development cost per acre averages $22,205,673.76, this is substantiated by analytical variables that consist of housing conditions for the average family with combined earnings of $55,000.00+/- or more who currently reside in substandard housing or live with other family members i.e. in-laws, brother, sister, etc. Bare in mind, there has not been an affordable living / replacement housing development of this type in over 50 years within this area, and it is due for a change. Gross Income per acre is approximately ___ (to be determined), all of which is subject to the revenue streams created by onsite utilities, homeowners association, and density based on development type, etc.
Through a non-profit organization called “The Genesis Foundation” it will assist in the development of a church as well as the sale / purchase / Leasing of up to 300 units that will be structured and designed to assist, single parent household’s with children, veterans, and the disabled to obtain a new residence within our community. Inclusive in the aforementioned is the creation of an enterprise zone for new or existing businesses that need consulting, financial and management assistance on how to migrate into our community. An educational scholarship program geared toward assisting college students who have selected a specific major in a school of there choice to include a traditional 4 year college, trade schools, fashion, technical or schools of the arts. The assistance offered will be designed to work with internship programs throughout the world. The total budget allocated to implement this program directive is $350,000,000.00.
We have researched the development of a middle and or high school that is being considered, however that will be determined once we have populated the community and a viable assessment to that need has been determined.
Our funding is based upon a combination of scenarios; wherein certain segments are guaranteed or underwritten by Government Program (s), the following represents the proposed Operating and Funding Structure:
INITIAL CAPITAL GOAL: $21 Million
SECONDARY CAPITAL GOAL: $50 Million
TIMELINE TO RAISE CAPITAL: 6 – 9 months
REPAYMENT OF ACCUMULATED DEBT: $5 Million
MODE OF RAISING CAPITAL: Private Placement Memorandum
PURPOSE / USE OF FUNDS:
01). Acquire and/or Payoff all of the land as outlined within this proposal, to include seed money
02). Set up Corporate Offices within the Development Site to include acquiring Furniture, Fixtures & Equipment, Computers, Servers, Printers, Peripherals and other Inter-grated Software
03). Identify, Acquire and Prepare the Corporate Shells for the Pre-Initial Public Offering and Initial Public Offering process
04). Begin 2nd Round Fund Raising by the 3rd month of achieving our 1st round goal to maintain consistent Operations and Development Flow, to include the PRE-IPO & IPO Preparation process
05). Negotiate / Acquire Heavy Duty Equipment, Trucks, Tools, Supplies, Materials, Onsite Water and Fuel Storage Facility to Begin Clearing, Grubbing and Site Preparation for Subdividing of Property.
06). Complete the Creation of Architectural, Engineering, Technological, and Master Site Plan to include 3-D modeling and imaging, as well as engaging an MAI Appraiser and Marketing Firm for Feasibility Studies to evaluate, quantify in support of each development segments.
07). Direct Legal Counsel to Organize all corporate documentation to incorporate the development into becoming its own city, Prepare PRE - IPO / IPO information to be Processed, Outline CC& R’s for each Community Segment, Draft Contractor / Vendor Operating Agreements, Review and Implement Insurance Requirements in adherence to all city/ county /state agencies, Drafting of Sales / Lease Agreements, etc.
08). Redraft Executive Summary into a Comprehensive Operating Business Plan which reflect Industry Standards for each Public Corporations contribution into the Development Community; including outlining departmental staffing criteria, policies & procedures, employee retirement & benefits plan, community guidelines, development rules and regulations, operational charters for the City of Limestone, its Renewable Energy, Technology and Entertainment components.
09). Engage CPA, Accountants and Bookkeepers for Preparation of Certified Financial Statements, Balance Sheets, Quarterly & Semi Annual Reporting to complete Financial Forecasting, Feasibility Studies and Corporate Tax Returns
10). Engage Securities Firm to underwrite the corporation for issuing Stocks, Bonds, Corporate Notes, etc., as part of the Pre-Initial Public Offering Preparation and the Initial Public Offering Process
11). Submit Applications / Development Permits with the Federal Government, County, and /or State of Ohio for Renewable Energy, Medical and Commercial Buildings greater than 4 stories.
12). Begin Site Preparation, to include excavation, trenching, for site layout of the Infrastructure, sewer and installation of underground utilities; complete the grading process for useable site Pads which will implement the Project Development in Phases for Onsite Construction Models.
13). Initiate the Selection Process for up to 10,000 Employees, Consultants & Contractors to work within various areas of focus like:
a). Office Operations b). Accounting c). Bookkeepers d). Clerical Assistants e). Administrative Staffing
f). Manager g). Sales Associates h). Marketing Rep’s i). Advertising Consultants j). Clearing & Grubbing
k). Site Preparation l). Contractors m). Engineers n). Planners o). Equipment Operators
p). Geological Surveyors q). Environmentalist r). Lobbyist s). Development Inspectors t). Security Officers
u). Insurance Monitors
14). Create Marketing, Print & Commercial Ads, Social Media Placements / Campaigns to interface with Facebook, Twitter, You-Tube, Google, Linkedin, etc.
15). Implement Selection of the Domestic & International Board of Directors for each Public Corporation in accordance to Industry Standards, Specification and Requirements to initiate the Pre-IPO Preparation & IPO Process for funding these Public Companies / Corporations.
16). Upgrade and Redesign Community Development and Corporate Investment Website to include Social Network links, Online Registration for Sales and Touring the Development Community to Select there Commercial, Retail and Residential Units.
17). Engage Commercial and Residential Real Estate Agencies to begin Pre-Sales, Pre-Leasing, Booking the Indoor Amphitheater, Hotel Operations, Conference Center for Meetings, Office Condo’s, Retail Space, Residences, Apartments, etc, to generate revenue.
18). Create, Organize, Negotiate and Pay Broker / Dealers that participate during each phase of the fund raising process, to include setting up and implementing an independent management division to consistently evaluate, monitor, track and trade our securities portfolio for accurate reporting and in accordance with the SEC Guidelines for investor relations.
INITIAL CAPITAL GOAL: $375 Million
SECONDARY CAPITAL GOAL: $1 Billion
TIMELINE TO RAISE CAPITAL: 9 - 18 months
REPAYMENT OF ACCUMULATED DEBT: $50 Million
MODE OF RAISING CAPITAL: Private Placement Memorandum
PURPOSE / USE OF FUNDS:
01). Repay “Round 1” Investors to include accruable interest on the current debt.
02). Initiate the IPO Process through each Industries Specific Public Corporation / Shell
03). Outline, Direct and Implement the Affairs of each individual Public Corporation / Shell throughout it’s IPO Process to begin raising
the 3rd Third Round of Funding.
04). Acquire additional Development Equipment: Dump / Water / Pick Up Trucks, Bull Dozers, Excavators, Backhoes, Rollers, Water & Fuel
Storage Tanks, Buckets, Blades, Pins, Tools, Building Materials, etc. These items will excavate, grade, trench, install, and construct all
buildings, parks, ponds, streams, walking paths, etc.
05). Implement the drafting of Medium Term Notes, Bank Guarantees, SBLC, Corporate Notes, Bonds, etc.
06). Draft and Implement Convertible Notes & Bonds, SBLC and Bank Guarantees to assist in underwriting and fund raising on future rounds
of Debt & Equity within the development Project.
07). Creation of Renewable Energy Bond, which maybe guaranteed by the Federal Government
08). Engage CPA Firm to maintain work flow and consistency of all Financial Documents
09). Excavate, Grade and Prepare, the Residential site pads to Construct multiple phases of Single Family, Townhome, Condominiums and
Condo Styled Apartments
10). Layout, Design, and Implement the Construction of the 6,000 seat indoor Amphitheater, 250 Room Hotel w/ Conference Center,
Interactive Gaming Arcade, Bowling Alley and other Entertainment Components
11). Design, Layout and Construct the Renewable Energy Center to include site preparation, ordering to assemble building materials that
include solar, glass, hydro, wind, and geothermal panels, for installation of underground water, electricity & sewer lines, this will integrate
the entire community to operate on its own Utility Grid; stubbing each to its designated structure. To include researching the implementation
of a guarantee by the Federal Government on the infrastructure; i.e. streets, curbs, gutters, sewer, etc.
12). Layout, Design, and Color Coding to Construct, the State of the Art Technology Center which will include site preparation, stubbing,
cabling / fiber optics for smart technology interface to each building, residence and facility. Inclusive in the aforementioned will be security
cameras throughout the Community, Infrared motion detectors, Traffic & Street Lighting, etc to include Research the implementation of a
guarantee by the Federal Government on the Technology
13). Layout, Design, and Develop Office Condominiums, Commercial Space, retail shops, supermarkets, banks, Hospitals, Church’s, etc.
CAPITAL GOAL: $6 Billion – $20 Billion
TIMELINE TO RAISE CAPITAL: 15 – 36 months
REPAYMENT OF ACCUMULATED DEBT: $1 Billion
MODE OF RAISING CAPITAL: Initial Public Offering
PURPOSE / USE OF FUNDS:
1). Maintain the operations and continue the expansion of the development community,
2). Repay the accumulated debt from the previous phases of fund raising
3). Implement the circulation of the MTN, Corporate Notes, Bonds, etc.
4). Create the Capital Reserve Account of 5 Billion dollars,
5). Select a staff to operate the following departments:
a). Police b). Fire & Safety c). Public / Open Spaces d). Transportation
e). Engineering f). Health & Public Welfare g). Special Events Coordinator h). City Council
i). Business Svcs. j). Hospitality k). Concierge j). Inspectors
6). Collect the following from the local residents, businesses, and patrons for the use of:
a). Utilities (electricity, water, gas) b). Telephone c). Rubbish Pickup d). Street Maintenance
e). Home Owners Association f). City Taxes g). Cable h). Internet
7). Transfer all accumulated revenue from the sales, leasing and operation of the residential, commercial and entertainment facilities within
the community into the associated securities accounts to pay down and or off all incurred debt, as created through the analysis process, debt /
equity evaluations and income projections for the securities used to fund the project
8). Prepare and issue an insurance bond / policy on the city to protect it from proposed liability, theft, accidents, fire, floods, and natural
disasters; this should be underwritten by a series of major insurance companies and guaranteed in some way by the Federal Government.