BAHIA KINO Project KINO BAY Sonora This lovely
BAHIA KINO Ø Project
KINO BAY, Sonora This lovely beach resort was named after Father Eusebio Kino, a Jesuit priest who, in the 1700's, built 25 missions in the desert regions surrounding the Sea of Cortez. Isla Tiburon, just off the Kino Bay coast, is now a wildlife refuge supporting seals, sea lions, many species of birds and an abundance of land tortoises ambling along its shores Located just 240 miles south of the U. S. border, Kino Bay has ample water and electric power, miles of lovely white sand beaches, a warm arid climate, material and substantial other resources available just 55 miles to the east in Hermosillo, is accessible by auto, boat, train and air and encompasses what should ultimately become one of Mexico's largest and most successful marinas.
Kino Bahia Kino Project Village of a Thousand Miles
The overall development plan over a five to seven year period would encompass 622 acres comprising 14. 5% of the total land area. The Permits for Kino and the Presidential Decree for the Marina are Current This would include: * the construction of additional infrastructure *roads *landscaping *705 Attached and Detached residential units *45 units of employee housing *2 restaurants *an 800 slip marina and associated facilities *2 golf courses *a recreation complex *a Yacht and Racquet Club * 660 Hotel Rooms * Shopping Center * Shrimp Farm
Sequence of Development Phase One: preliminary dredging on bay side of peninsula; start up of a sewer plant and preliminary build-out of main marina at top of peninsula. Phase Two: 1. "EL GALEON" - condominiums & restaurants 2. "LAS FUENTES" - duplexes and recreational complex 3. "KINO YACHT AND RACQUET CLUB" condominiums with wholly owned boat slips and marina 4. "LAS VILLAS" - large villas with semi-private docks Phase Three: Shrimp Farm Development
Advantages of this Planned Community 1. Mexican Government will welcome an industrial complex in the Sea of Cortez Region, already designated a high priority development zone in Mexico. Ø 2. Property is 240 miles from the Arizona border (around 300 to Tucson); 400 air miles to San Diego, and less than 800 to Silicon Valley. Ø 3. Ample power and water are available to support a major development, encompassing both industrial and residential; direct and indirect employment creation, with a resort atmosphere for living. Ø 4. Sustainable development approach; the infrastructure would be installed in accordance with state of the art green building criteria. Ø
Advantages (Cont’d) Ø 5. It is just 55 miles from Hermosillo, the state capital of Sonora which has a population approaching one million and an industrial base including a Ford Motor assembly plant; it is a modern city with amenities such as Wal Mart, Sams Club, Costco, Home Depot, a Baylor University Hospital and many other conveniences. Ø 6. Hermosillo boasts a skilled labor force, from local university graduates that would likely prefer to stay in the region rather than seek employment elsewhere in Mexico or the U. S. Without a need for the HB-1 visa required in the U. S. , technicians would welcome the opportunity of a lifestyle less expensive than in the U. S. Ø 7. The demographics of the Planned Community, thus, become diversified creating a viable tax base for this community to grow and be able to offer its citizens a satisfying life style without the hassles of a major city.
Phase Three: Shrimp Farm Will occupy only a part of currently available land in Bahia Kino area, already owned by same investor Ø Will be developed independently of residential phases Ø Though geographically separte, will blend in with the planned residential community and in harmony, environmentally Ø Ocean Gardens, a known and knowledgable company in this field, will manage the project Ø Land owner will be a principle in the project Ø
Shrimp Farm Project Ø Background: l Demand for shrimp increases with rising income, and most established global producers face declining output due to pollution. l This project will farm a tested area adjacent to successful shrimp facilities; external infrastructure is in place, and project will employ sustainable production methods. l Mexico currently supplies 8% of world demand l Ocean Gardens would commit to assume the project’s total shrimp production, & can provide a Letter of Intent to this effect.
Shrimp Farm Project Ø Background (Cont’d): l l Ocean Gardens would provide technical assistance in project. Mexico has installed industrial capability to process shrimp, but what has been needed is a major expansion and the use of up to date techniques to broaden the market. Periods of harvest of shrimp with the highest volumes are August to December, with problems of saturation of capacity when capture of the wild shrimp coincides with good water temperatures Shrimp consultant has already completed a project design and environmental report, and it will be updated.
Shrimp Farm Project Ø Project Land: l l l Ø Approx. 1, 280 hectares (3, 000 acres) Appraised at U. S. $ 31 million Unencumbrered and zoned for aquaculture Located on bay, and runs to main highway to Hermosillo Property title is guaranteed by First American Title, partner in Global Corporate Partners Group Additional 2, 000 hectares of coastal land owned and available for expansion Assumptions: l l l That permits from SEMARNAT, CONAPESCA and State of Sonora will be obtained. Current price for shrimp size 21 is $4. 50/lb (dollars) - 7. 5% of commercialization fees Average Production Yield: 5 to 6 Tons per Hectare Cost of shrimp production = $3. 26/lb 1, 000 hectares to be used in project
Shrimp Farm Project Ø Scope of Investment (Financing Req’d): l l Capital Equipment $ 10, 000 U. S. Engineering & Installation 3, 400, 000 U. S. Deferred Expenses 600, 000 U. S. TOTAL INVESTMENT: $ 14, 000 U. S. • Above excludes cost of land. Ø Scope of Expected Revenues/Exp: l l Production: 5, 000 Kg/hectare = 11, 000 lbs • 11, 000 lbs/hectare x 1, 000 hec = 11. 0 million lbs Revenues: 11. 0 million @ $4. 50/lb = $ 49. 5 million/year Expenses: 11. 0 million @ $3. 26/lb = $ 35. 9 million/year Operating Income: $ 13. 6 million/year
Final Objective A Village of a Thousand Miles From Bahia de Kino in the north to Acapulco in the south. Presently, there is approximately one million in population as well as one tenth of a trillion dollars in developed build-out. The fact that this village would be able to add nine million in population and nine tenths of a trillion dollars in additional sustainable build-out. It would seem this would make an alternative to those seeking the quality of life in neighboring countries The village of a thousand miles would be of mixed use. Residents would have the option of living over their places of work or industry. Other residents would have the option of walking to industrial and manufacturing plazas. These entities would contain 1. Childcare 2. Health Centers and family planning 3. Unions 4. Technical training
Final Objective A Village of a Thousand Miles Continued Still other residents in the villages would be accessible to work on small farms associated with a cooperative, with owner occupied land. This would seem to be the highest level of self fulfillment. This village would be accessible to a fiber optic line from Los Angeles to San Diego across the Gulf of California to Bahia de Kino and through the village to Guadalajara and Mexico City. The village would be sustainable with solar panels and mitigated from hurricanes. The highway would encourage use of hybrid vehicles. An electric train would run parallel to present tracks We ask the Cal. PERS entity to do the incubation funding for the U. S. and Mexico to partner with. The Bahia de Kino project would serve as collateral.
Saludos Presentation by: Joseph R. Chapa Government Advisor Monterrey Mexico Reeves Research and Development 52 Mission Circle # 122 Santa Rosa, CA 95409 (707) 539 -7336 Patrick@conceptualcom. com Design By: Justin Ebersole
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