9 Easy Southern Recipes the Ultimate Guide to Southern Cooking and Southern Comfort Food
Southern
description
Transcript of Southern
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SouthernShoresResort
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SouthernShoresResort
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Long BeachGateway to the Gulf
Coast
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Why Long Beach?• Beautiful Scenery
– Beaches– Magnificent Live Oak Forests
• Most Direct Beach Resort Access from New Orleans, and Western States• Local Harbors / Yacht Clubs
– Fishing• 25 + Golf Courses• Minutes From:
– Gulfport Airport – Biloxi (Gaming)– Gulfport (Gaming)
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Our VisionSouthern Shores Resort
• Breathtaking Views of the Gulf of Mexico
• Large River-Side Pool• Drive-through Valet• On-Site Fitness Center• On-Site Conference Center• Convenient Beach Access• Whirlpool• Fine Dining
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Southern Shores Resort
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Our Contribution• It is our intention to work
with the city, and to do our part with respect to infrastructure upgrades and improvements
• We plan to “Give Back”
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“Give Back”• Each unit, In our developments, will
be charged a $25/month assessment built directly into the association fees
• With city approvals, we plan to build 1375 units over the next two years
• 1375 x $25 = $34,375 per month• Up to $412,500.00 annually• All funds will be donated directly to
the Fire and Police Departments
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Tax Revenue• All figures based on Harrison
County Tax Assessors figures• For every $100,000.00 of
assessed property value:– Harrison County makes $360.00– Long Beach makes $489.00– Long Beach School System
receives $637.00
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$0.00
$1,000,000.00
$2,000,000.00
$3,000,000.00
$4,000,000.00
$5,000,000.00
$6,000,000.00
Harrison County Long Beach School System
Beneficiary
Annual Tax Revenue Generated by Bienvenue Homes' Condo Projects
$2,876,800.00$3,918,400.00
$5,096,000.00
Tax Revenue
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Tax Revenue• Sewer Tap Fees: Other areas =
between $1,000-$3,000 per tap
• 1375 units (Bienvenue Homes projects only) x $1,000.00 = between $1,375,000.00-$4,125,000
• Between $1,375,000.00-$4,125,000 for capital sanitation improvements
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Tax Revenue• Long Beach Budget is currently
$6.8 Million• The proposed projects would
result in an additional $3,918,400.00 annually
• A 41% increase
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Tax Revenue
0
5000000
10000000
15000000
1
Existing Long Beach Budget with Additional Revenue From, Bienvenue Homes, Condo Projects
New tax revenue
Existing Budget
$10,718,400
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Tax Revenue
New Schools
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Tax Revenue
New Library
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Why Go Tall?• With rising material costs it is
necessary to get as much height and density as possible
• Smaller buildings are not able to provide upscale amenities, and design quality
• “Under Funded” buildings end up looking like glorified motels
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Why Go Tall?• Strong market• In years past the Condo
market could only support small box- like structures
• In today's market the best structures get all the attention
• People want to buy in the bigger buildings, and on the top floor
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Why Go Tall?• Condo Pricing has reached an
all- time high• Higher quality facilities attract
high quality buyers• This trend demands a
structure worthy of the price
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Why Go Tall?• More money for schools• More money for Fire and
Police• More tax relief for Long Beach
Citizens
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The County
$0.00
$500,000.00
$1,000,000.00
$1,500,000.00
$2,000,000.00
$2,500,000.00
$3,000,000.00
15 Stores 20 Stories 25 Stories
Potential Tax Revenue Generated For County at 15, 20, and 25 Stories
A Difference of $1,353,240.00
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The City
$0.00
$1,000,000.00
$2,000,000.00
$3,000,000.00
$4,000,000.00
15 Stores 20 Stories 25 Stories
Potential Tax Revenue Generated For Long Beach at 15, 20, and 25 Stories
A Difference of $1,838,151.00
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The Schools
$0.00
$1,000,000.00
$2,000,000.00
$3,000,000.00
$4,000,000.00
$5,000,000.00
$6,000,000.00
15 Stores 20 Stories 25 Stories
Potential Tax Revenue Generated For Schools at 15, 20, and 25 Stories
A Difference of $2,394,483.00
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Condos Are Smart Growth• Condo owners “Spend and
Leave”• No negative impact on schools• High disposable income for
local shopping
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Condos Are Smart Growth• Environmentally friendly• Preferable to casino or heavy
industry• Developers pay for
infrastructure improvements
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The FutureIs Up To You
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New Schools
The Future
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Better Streets
The Future
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New Fire Station Lower Homeowner’s Insurance
The Future
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The Future. It’s Up To You.
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The Future. It’s Up To You.
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