Mr. Garza/DOG Development; "the primary principle", has contracted "FCFC" to find, facilitate & assist in procuring investors/buyers for the 486.05 acre development.
The property consists of Phase 1 79.60 acres and Phase 2 406.45 acres, totaling 486.05 acres through which runs approximately 2 miles of Rio Vista Blvd.
Rio Vista Blvd is a 100 foot wide right of way; Phase 1 - 9.66 acres and Phase 2 - 11.78 acres which totals 21.44 acres already dedicated to the city.
Currently the city has no master zoning laws and any type of use can be built subject to city approval (i.e. a business selling alcohol has to be 1000 feet from a school, etc.).
El Tanque water district has completed installing a water main the full length of Rio Vista Blvd. A new high school is breaking ground 1 mile north of our project on F.M. 755.
Tex DOT is underway with the environmental studies for construction of a by-pass of U.S. Highway 83 north of the city and that will create an on-off intersection with F.M. 755 just south of our project entrance.
In addition Tex DOT is scheduling the start of construction of a reroute of F.M. 755 from the existing U.S. Highway 83 with a route around the city and intersecting with the planned Highway by-pass on-off intersection just south of our entrance.
These two transportation upgrades will direct significant regional traffic to the entrance of our development.
Estimated Capital Investment Thus Far Land purchased $420,000 Improvements $694,500 Land donations to;School Board, City, Church, Battered Women's Facility totaling approximately 20 acres valued at $3,640,000 Total personal capital invested $4,754,500.00
Total Scope of The Development Project; Other Relevant Documents:
We are seeking offers, to purchase 342.84 acres of phase 2 "Listed Price: $42,600,000 from interested buyers who wish to continue with our development plans for the land they purchase. A portion of the purchase funds will be used to improve the nearly 2 miles of Rio Vista Blvd. which will increase the property value almost 200%. Or a partnership proposal. $95,000,000.00 USD for 37% partnership interest in the 486.05 acre development & we will fund the development.
Terms & Conditions are negotiable
Agents, brokers and consultants referring interested buyers, principles, investors/partners will be paid a referral fee in the amount of $1,000,000.00 “One Million Dollars and Zero Cents” By the consulting firm “1st Choice Financial Consultants”; AKA, “FCFC” for the referral of any interested principle(s)/Buyer(s) who completes a final closing purchase price or partnership.
Please review the attached "Conditions of Sale document below. We've also attached a blank Offer to Purchase Agreement if you wish to present an offer to purchase.
Offers of partnerships should be forwarded to the offices of: