CITY PROTECTION FROM FINANCIAL RISK
Arnie B. Green Associates, Inc. has the ability and financial wherewithal to fully bond (investment and construction funds) each phase of its proposed project, subject to the acceptability of lease contract documents, bond forms and other financing.
We would agree as part of any negotiated Memorandum of Understanding or eventual lease to post Surety (investment funds) and Performance (construction funds) bonds upon the close of escrow, and immediately prior to construction, to protect the City from having an unfinished structure at the Airport.
Arnie B. Green Associates, Inc. has the ability and financial wherewithal to fully bond (investment and construction funds) each phase of its proposed project, subject to the acceptability of lease contract documents, bond forms and other financing.
We would agree as part of any negotiated Memorandum of Understanding or eventual lease to post Surety (investment funds) and Performance (construction funds) bonds upon the close of escrow, and immediately prior to construction, to protect the City from having an unfinished structure at the Airport.
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TEAM MEMBERS
The Company's team members include some of the largest and most experience investment financiers in the country, and we have already worked with a major bonding insurance firm which will eliminate any risk to the City of Ormond Beach.
The Company's team members include some of the largest and most experience investment financiers in the country, and we have already worked with a major bonding insurance firm which will eliminate any risk to the City of Ormond Beach.
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$70 Million in New Investment
$382 Million 20-Year Impact to Ormond Beach
1800 20-Year Total New Job Effect to Region
$2.0 Million New State & Local Taxes Upon Completion of First Year of Operations
Robust Operations Facility - Not Just Aircraft Storage Hangars
800 Years Total Airport
Development, Engineering & Aviation Team Experience
100+ Years Total Military Command, Control, Operational, Flight & Ground Experience
Robust Aircraft Noise Abatement Program
Protects City from Financial Risk and Liability
No Ormond Beach Funds Required for Financing of Development
$382 Million 20-Year Impact to Ormond Beach
1800 20-Year Total New Job Effect to Region
$2.0 Million New State & Local Taxes Upon Completion of First Year of Operations
Robust Operations Facility - Not Just Aircraft Storage Hangars
800 Years Total Airport
Development, Engineering & Aviation Team Experience
100+ Years Total Military Command, Control, Operational, Flight & Ground Experience
Robust Aircraft Noise Abatement Program
Protects City from Financial Risk and Liability
No Ormond Beach Funds Required for Financing of Development
