Mesa Seals $135 Million Land Deal
Read more ....this is where you find it > Click or Tap Here
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The Saints Have A Plan:
THIS IS WHAT THAT $135M LAND DEAL - OR LAND SWINDLE OR STEAL?? - FOR THEIR VISION ON THE 11,447 ACRES THAT WERE ONCE THE MESA WATER FARM ...Nice buy: $135M 11,400+ ACRES
Watch where this story goes and note that the buyer in 2012, a company in Scottsdale, is now called Saints Holdings Company. They agreed to buy the land in three 5-year phases.
Let's do some numbers first: a recent city auction for 132 acres, without water rights, went for $21.1M (that's $5M above the appraised price) . . .or $159,848 per acre.
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THIS IS WHAT THAT $135M LAND DEAL - OR LAND SWINDLE OR STEAL?? - FOR THEIR VISION ON THE 11,447 ACRES THAT WERE ONCE THE MESA WATER FARM ...Nice buy: $135M 11,400+ ACRES
Watch where this story goes and note that the buyer in 2012, a company in Scottsdale, is now called Saints Holdings Company. They agreed to buy the land in three 5-year phases.
Let's do some numbers first: a recent city auction for 132 acres, without water rights, went for $21.1M (that's $5M above the appraised price) . . .or $159,848 per acre.
The city expected it would take 20 years or more to sell the land. But two years ago, PLH approached the city with interest in purchasing the land in phases over five years.
PHOENIX—A deal for nearly $135 million and 11,400 acres was struck between the city of Mesa and Scottsdale-based Pinal Land Holdings LLC (PLH). The land, to be purchased by PLH in three phases, is located between Coolidge and Eloy, making it an extremely attractive purchase for an entity interested in developing central Arizona. The property is currently used as farmland.
Jackob Andersen - President/CEO
Saint Holdings | LinkedIn
RELATED CONTENT IN POSTS ON THIS BLOG SITE:
GM ends its operations at Mesa test track
by Gary Nelson - Jun. 12, 2009 12:00 AM
The Arizona Republic
The Arizona Republic
. . . there was an eastward-rolling tsunami of suburban sprawl. As early as the mid-'90s, developers were coveting GM's land and surrounding areas near the former Williams Air Force Base, now Phoenix-Mesa Gateway Airport, for new housing projects. . . In 2004, GM sold the southern portion to Phoenix businessman William Levine. Two years later, the northern 5 square miles was sold to Scottsdale-based DMB Associates for $265 million.
Featured in the article: Roc Arnett and Jack Sellers, a Chandler councilman at that time
Read more >> AZ Central Archives
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DMB pursues Mesa subdivision project
January 11, 2012 | Article by Gary Nelson
. . . A zoning plan approved by Mesa for the property in 2008 allows up to 15,000 dwelling units of various kinds. Dea McDonald, DMB’s vice president for development, said the time had arrived to start building them. . . Eastmark is expected to evolve over the next three or four decades into a dense urban center closely tied to the Phoenix-Mesa Gateway Airport.
. . . A zoning plan approved by Mesa for the property in 2008 allows up to 15,000 dwelling units of various kinds. Dea McDonald, DMB’s vice president for development, said the time had arrived to start building them. . . Eastmark is expected to evolve over the next three or four decades into a dense urban center closely tied to the Phoenix-Mesa Gateway Airport.
Eventually, there could be high-rise business districts fronting the airport along Ellsworth Road. . . Macdonald says he expects DMB and “multiple” developers to close escrow in June, and that Mesa also will approve plans for their subdivisions about that time. McDonald said he cannot reveal the builders’ names until deals are finalized.
Mesa to Annex Two Chunks of Former GM Desert Proving Ground
________________________________________________________________________Mesa to Annex Two Chunks of Former GM Desert Proving Ground
SAINTS HOLDINGS -
They call it "Heritage Arizona"
Southwest’s Fastest Growing CorridoLocation: Coolidge, Arizona in Central Pinal County
Size: 11,438+/- Acres
Water Rights: 34,000 Acre Feet +/- Per Year
Access: Interstates I-10 and I-8
Rail: Union Pacific unit train capable
Future home of the proposed high speed train from Los Angeles
"Heritage is a multi-generational community with immediate developability that is unmatched in scope. . . . Just 45 minutes from the fifth largest city in the United States Heritage spans over 11,438 acres of prime development land in Pinal County, Arizona. With Arizona’s population set to double by 2030, developable land is quickly becoming a scarce commodity. The Phoenix to Tucson corridor has been and is expected to be one of the fastest growing megaregions in the U.S. in the next decades. More than one million people currently work and reside within 35 minutes of Heritage. It is projected that more than 100,000 jobs will be created in the region in the next decades. Welcome to Heritage. See more > http://www.heritagearizona.com/
MORE SAINTS HOLDINGS: You can easily see where this starts at the top: Salt Lake City, part of The CanaMex Corridor now called The Sun Corridor and sometimes The Mormon Corridor
Central Arizona Commerce Park
( this image was updated 5/8/17 )
• Conveniently located along the Canamex corridor and I-10 to California
• 45 minutes from Phoenix and Tucson and international airports
• Well established multimodal transportation in road, rail and air with direct routes to the Ports of Los Angeles and Long Beach
• Plentiful resources and raw materials for agriculture, aviation and aerospace technology, mining and specialized manufacturing
• Extremely affordable municipal utilities
• Excellent workforce drawhttps://www.cazcp.com/
• 45 minutes from Phoenix and Tucson and international airports
• Well established multimodal transportation in road, rail and air with direct routes to the Ports of Los Angeles and Long Beach
• Plentiful resources and raw materials for agriculture, aviation and aerospace technology, mining and specialized manufacturing
• Extremely affordable municipal utilities
• Excellent workforce drawhttps://www.cazcp.com/
08 April 2019
Back in 2012 with former Mayor Scott Smith standing behind him, Chris Brady launched one of the first hard-fisted sales pitches for what was then the biggest $200M jab on the backs of Mesa taxpayers to pay for Municipal Debt Bond Obligations for the Republican Chicago Billionaire Ricketts Family to finance their "Field of Dreams" Sloan Park.
In 2016 taxpayers rejected a low-blow hit under-the-belt for the City of Mesa's "Higher Education Initiative" to build a satellite-campus" for ASU here in downtown Mesa.
In 2016 taxpayers rejected a low-blow hit under-the-belt for the City of Mesa's "Higher Education Initiative" to build a satellite-campus" for ASU here in downtown Mesa.
MESA TAXPAYERS REJECTED THAT. . . In 2018 Brady came back with a series of blow-by-blow punches to score one more huge Debt Service obligation.
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Now in 2019 after almost 14 years on-the-job as the highest-paid salaried official inside City Hall, wielding more power as the City's Chief Executive than Mesa Mayor John Giles, he's making the rounds again in a series of presentations before the Mesa City Council that has the power and final approval on proposed budgets: FY2019/2020 and FY2020/24.
All the figures presented as "Power Points" are from the city's OMB working with a group from ASU. There is no other outside objective independent financial analysis, except from one group named Truth In Accounting . . . Furthermore, these jumbles of numbers on slide-after-slide take more time than the typical one-day or two-day releases ahead of time for council meetings to the public for study and examination. The City's Annual Financial Reviews are, likewise, not submitted in a timely manner in the usual 180-day time period. Nonetheless, in the most recent January 2019 review by Truth in Accounting, they find Mesa's financing troublesome.
When asked a while ago, the City of Mesa's Chief Financial Officer Michael Kennington was reported as saying, he has no idea what Truth In Accounting is.All the figures presented as "Power Points" are from the city's OMB working with a group from ASU. There is no other outside objective independent financial analysis, except from one group named Truth In Accounting . . . Furthermore, these jumbles of numbers on slide-after-slide take more time than the typical one-day or two-day releases ahead of time for council meetings to the public for study and examination. The City's Annual Financial Reviews are, likewise, not submitted in a timely manner in the usual 180-day time period. Nonetheless, in the most recent January 2019 review by Truth in Accounting, they find Mesa's financing troublesome.
Kennington was hired in 2012 according to a brief press release in an announcement from the city's newsroom
Why worry now after all their projections and cost analysis were wrong?
"We are concerned as we get to the later part of it, when we deliver big parks and libraries, that will put a lot of strain on the budget"
-- City Manager Chris Brady
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SCAMMING THE VOTERS:
Not just so-called "amenties" - ASU is the bigger scam-scheme.
One new building ASU @ Mesa City Center estimated to cost $63,000,000 in preliminary fast-plans to get it started - a scaled -down $200-million "satellite ASU campus" that Mesa taxpayers rejected two years ago - now requires extensive investigation according to a City Council Report last week.
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These assets include:
- Two shovel ready Advanced Manufacturing and Distribution Industrial Parks.
- Central Arizona Commerce Park (CAZCP) in Casa Grande – home to Tractor Supply Company and the future home to Lucid Motors.
- Inland Port AZ (IPAZ), a 2700 =/- rail served Industrial Park in the heart of Pinal County in the City of Coolidge.
- The 11,447 acres former Mesa Water Farm, now land planned for the much expected and fast approaching future growth of Pinal County and its ideal position in the ‘Sun Corridor’ between Phoenix and Tucson.
- Offices in downtown Scottsdale at the Waterfront.
- Various residential assets.
- how many acres is it
- what are you planning there
- what do you have entitled?
We believe in the path of growth between Phoenix and Tucson. There is an abundance of infrastructure in the area from Power, gas, rail lines, the convergence of the I-10 and I-8 (to major interstates) and several adjoining highways.
The will of the leaders of the county, Cities and residents have expressed their desire to see the area prosper and grow.
Simple—look at the growth corridors in Maricopa County and the mechanisms in place to pay for the roads and freeways to pave the way for that growth… we are not reinventing the wheel, we are doing what is needed to fund much-needed infrastructure that is and will be needed for Pinal County and its current and future residents and workforce. I applaud the County and the hard work of the staff and local Cities in getting this done.
You have a great accent—where are you from and how and when did you move to Arizona?
I am Danish by nationality, was born in London, lived there for over 30 years and moved here in 2004
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Flash forward five years and it is now 2019.
City Manager announces selection of new Chief Financial Officer
May 23, 2012 at 3:03 pm
Michael Kennington is the City's new Chief Financial Officer, effective July 2. It is the highest financial position within the City and is responsible for the City's overall financial policies, strategies, planning and forecasts. LINK > http://www.mesanow.org/news/public/article/209
