Water is the most precious commodity here in the Desert
It can be bought and sold or traded on the private equity market - all with higher prices all the time the hotter and drier our so-called 'stable environment' gets.
The Most Precious Commodity
Here in The Desert
More than 5 years ago, this LAND DEAL was one of the largest in Mesa's history.
We didn't know more about it then.
Mesa Seals $135 Million Land Deal
Posted on
by Kristian Seemeyer
When people talk, listen completely.
Most people never listen.
- Ernest Hemingway
The "land deal" land sale proceeds will boost the City’s Economic Investment Fund, financing in part projects such as: Sloan Park, The Cubs new Spring Training facility and the so-called then "Higher Education Initiative". We're talking 11,400 acres, folks!
The vast tracts of land were know back then as The Mesa Water Farm.
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.
"According to Natalie Lewis, assistant to city manager Chris Brady, and also lead negotiator on the deal, Mesa purchased the land in 1985 for more than $29 million for its water rights to create a water farm.----------------------------------------------------------------------------------------------------------
City envisions a $66M pipe as a lifeline to SE Mesa
By Jim Walsh, Tribune Staff Writer
"A deal with the Gila River Indian Community could deliver billions of gallons of drinking water to southeast Mesa, fueling the area’s development in exchange for billions of gallons in effluent. . .
While the deal would help both parties – with the Native American community receiving water for irrigating crops and Mesa receiving drinking water at a cut-rate price – there is a catch
Jackob Andersen, Saint’s president and CEO,personally involved in bringing big economic development projects to the State of Arizona and Pinal County, by arranginglanddeals and acquiring rights-to-water, apparently likes the spotlight. All those BIG LAND DEALS have not gone un-noticed - or publicized - including getting put into the spotlight by your MesaZona blogger. "We are one of the largest land owners and developers in the state of Arizona,” ---- Rose Law Group Reporter 17 May 2019 That's the outcome for the power-wielding influence from the Saints' control in the established intersection of Finance, Religion and Politics Its holdings include:
Heritage Arizona: an 11,438-acre development in Coolidge slated for many land uses including commercial, residential and renewable energy developments.
Saint has also developed the 2,700 acre Inland Port Arizona. The Inland Port has direct railroad access and is modeled after Union Pacific’s hub in Salt Lake City. The Inland port is home to the planned Nikola plant which landed there after originally looking to locate in Buckeye.
Central Arizona Commerce Park: a nearly 700-acre industrial park with shovel-ready parcels. The Casa Grande development is in an Opportunity Zone offering tax breaks for real estate and business investments. The project Is directly served by Union Pacific railroad. Lucid Motors and Tractor Supply Co. have located at the Casa Grande park.
The latter involves 360 job at a regional center.
Andersen said that deal was born in Nashville when he was at their headquarters to finalize contracts or agricultural products and ended up meeting with TSC executives about a western expansion
Here's a post farther down on September 5, 2019 from Saints Holdings on Twitter if readers of this blog are curious what the Saint's holding companies are planning to create between Phoenix and Tucson around Casa Grande and Coolidge and Florence > a new "inland port", much similar to the same thing in-the-works in Utah. . . it certainly looks likes they are tending to now privatize water-rights just when a federal Drought Emergency Contingency Plan has been activated, When big deals like the sale of 'obsolete water-rights' on thousands of acres that would be just dirt without it, there's always scandals that surface somehow taking a cue from an earlier extract:
Arizona Corporation Commission’s desire for consolidation of the highly-fragmented water utility industry in Arizona and their new policy guidelines that support and incent such consolidation, the stage is well set for additional acquisitions,”
SAINTS HOLDINGS LLC
Website: Saint Holdings Twitter: @SaintHoldings Saint Holdings is a multi-faceted real estate investment and development company with holdings in industrial, land, multifamily residential, and agriculture.
"Global Water Resources has signed agreements with Saint Holdings that will result in providing water services to Saint Holding’s Inland Port Arizona, where @nikolamotor is constructing their new facility."
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