west park lands accredited investment

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West Calgary Development Opportunity Accredited Investor Offering

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Page 1: West Park Lands Accredited Investment

West Calgary Development Opportunity

Accredited Investor Offering

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Page 2: West Park Lands Accredited Investment

DisclaimerDisclaimer Certain statements contained herein as they relate to West Park Lands II Limited Partnership, West Park II Bond Offering and the General Partner and their respective views or predictions about the possible future events or conditions and their business operations and strategy, are “forward-looking statements“ within the meaning of that phrase under applicable Canadian securities law. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects“, “does not expect“, “is expected“, “anticipates“, “does not anticipate“, “plans“, “estimates“, “believes“, “does not believe“, or “intends“, or stating that certain actions, events or results “may“, “could“, “would“, “might“, or “will“ be taken, occur or achieved) are not statements of historical fact and may be “forward-looking statements“. Forward-looking statements are based on the current expectations, estimates and projections of the management of West Park Lands II Limited Partnership, West Park II Bond Offering and the General Partner at the time the statements are made. They involve a number of known risks and uncertainties which would cause actual results or events to differ materially from those presently anticipated. The forward-looking statements contained in this document are given as of the date hereof. Except as otherwise required by law, West Park Lands II Limited Partnership, West Park II Bond Offering and the General Partner does not intend to and assumes no obligation to update or revise these or other forward-looking statements it may provide, whether as a result of new information, plans or events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements as there can be no assurance that the condition, events, plans and assumptions on which they were based will occur.

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Page 3: West Park Lands Accredited Investment

Property Location

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Page 4: West Park Lands Accredited Investment

Property Location

Current 5 AcresAdditional 5 Acres6

Page 5: West Park Lands Accredited Investment

City of Calgary “West” Housing Data

Communities Included

Aspen Woods, CFB-Currie, Coach Hill, Patterson, Springbank Hill, Strathcona, West Springs

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Page 6: West Park Lands Accredited Investment

City of Calgary Planning Process

Subject Properties are

Included in the West Springs

Area Structure Plan

Growth Management Analysis

Outline Plan and Land Use Amendment

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Page 7: West Park Lands Accredited Investment

City of Calgary Planning Process

New Communities - Single Family Dwellings Overview – City of Calgary

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Page 8: West Park Lands Accredited Investment

City of Calgary Planning Process

New Communities - Single Family Dwellings Overview – City of Calgary

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Page 9: West Park Lands Accredited Investment

Area Structure Plan

Current Area Structure Plan – Approved July 2012

Subject Properties

http://www.calgary.ca/PDA/pd/Documents/Publications/west-springs-asp.pdf

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Page 10: West Park Lands Accredited Investment

West Land Supply (or lack of)

Serviced Land – with “land use” in place = 2 – 3 years (lowest in the city)

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Page 11: West Park Lands Accredited Investment

Lack of Multi-Family Units

In 2014 there were 0 applications made for Multi-Family Units

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Page 12: West Park Lands Accredited Investment

Aging Population in Calgary

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Page 13: West Park Lands Accredited Investment

Planning Group

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We Have Retained Brown & Associates Planning Group for our Concept Design and Representation with the City of Calgary

Brown & Associates Planning Group provides professional community and land development planning services to a broad range of public and private sector clients. The firm is based in Calgary and is well known throughout southern Alberta as an active member in the community planning and land development sectors.

www.brownandassociates.com

Page 14: West Park Lands Accredited Investment

“Outline Plan – Map a”

Subject Properties

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Page 15: West Park Lands Accredited Investment

Subject Properties

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Proposed Concept Plan

819 & 839

81 Street SW

Semi-Detached Site - 16 Units

Town House Site - 62 Units

Condo Site - 40 Units

Seniors Site - 187 Units

Example of Ideal Concept Plan

Page 16: West Park Lands Accredited Investment

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Page 17: West Park Lands Accredited Investment

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Page 18: West Park Lands Accredited Investment

The Offering

This information document is confidential and for internal

use only. The content is not to be reproduced or distributed

to the public or the press. The document is for information

purposes only and does not constitute an offer to sell or a

solicitation to buy the securities proposed herein.

Please refer to the Limited Partnership Agreement and the

Bond Term Sheet for full disclosure of this offering

West Park Lands II Limited Partnership

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Page 19: West Park Lands Accredited Investment

Structure

Management Company1927774 AB Ltd.

Dave Rankine Jan Cerny

Land

West Park Lands IILimited Partnership

General PartnerWest Park Lands II GP Ltd.

Dave RankineJan Cerny

Equity - Class “B”Non Registered FundsAccredited InvestorsWest Park Lands II LP

$50,000.00 Units

Equity - Class “A”Non Registered FundsAccredited InvestorsWest Park Lands II LP$500,000.00+ Units

Bond UnitsRegistered Funds

Accredited Investors1928257 AB Ltd.$10,000.00 Bond

*Class B is a minimum of 2 Units (Management has discretion to accept 1 Unit)

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Page 20: West Park Lands Accredited Investment

Offering Highlights

Equity - Class “A” Equity - Class “B” Bond Units

Investor Type Accredited Accredited Accredited

Investment Type Equity Equity Bond

Registered Funds Eligible No No Yes

Minimum Investment $500,000 $50,000 $10,000

Anticipated Hold Period 3 – 5 years 3 – 5 years 3 – 5 years

Preferred Rate (cumulative) 9% 7% N/A

Bond Rate (cumulative) N/A N/A 10%

Hurdle Rate 1 (50 / 50 split) up to 15% up to 12% N/A

Hurdle Rate 2 (20 / 80 split) Thereafter Thereafter N/A

*Class B is a minimum of 2 Units (Management has discretion to accept 1 Unit)

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