3Where is Sweetwater Ranch? Sweetwater Ranch is in Hardee County, approximately 50 miles southeast of Tampa and just east of Manatee County. Hardee County is located in the Heartland of Florida, an area surrounded by Routes 17 and 27.Hardee County
4Our Community… The Sweetwater Vision…Old Florida Lifestyles… New Florida Living…All within your reach !Sweetwater Ranch is an authentic, sustainable, and innovative community…designed to fit into the natural beauty of its environment.planned as a sustainable “Green Development” from inception that will create up to 16,000energy efficient homes that will re-define safe, affordable, quality housing in Central Florida.that will be designed for families and recent retirees of all ages.with a walkable town center, nature trails, bike paths, and community centers.with traditional “Florida” architectural standards (Key West, Florida Vernacular, and Craftsmanstyles) that will diversify the community while maintaining Old Florida’s heritage.with golf courses and recreational areas nestled around lakes, wetlands and woods.
5Aerial ViewCharlie Creek flows through the site, offering an environmental gem and an important source of water for the site. Water from Charlie Creek and from underground sources will provide all water for the community. Half the site will be preserved in its natural beauty.
6Tell me about the project… Sweetwater Ranch will be developed as a Green sustainable community offering residential housing, commercial uses, light industrial uses, recreational uses, churches, educational facilities, parks, golf, trailheads and open conservation areas, in order to provide future residents with all the components necessary for a new town.Cara Cara NestCara Cara BufferProject BoundaryPhasingGolfGreenOpen SpaceParkPreserved UplandRecreationRight-of-WaySchoolsStorm Water PondsTortoise MigrationTown CenterTransit-ReadyVillage CenterWetlandWorkplaceVicinity Parcels
7The Trail PlanThroughout the project, nature trails and bike paths (paseo) will connect the neighborhoods and commercial areas to allow residents access to the natural gems of the project, including Charlie Creek.
8The Southwest QuadThe first phase of the project will be developed in the southwest quadrant of the property. A village center with full amenities (community activities, pool, retail & restaurant). A 9-hole golf course and club will be under construction prior to home sales.
9The Village CenterThe village center will be the hub of activity for the residents of Sweetwater Ranch. Here the residents can meet, dine, and play. The nature trails and bike path (paseo) will emanate from the village center.
10The Village CenterThe village center will include a variety of Old Florida architectural styles, just like the homes in the community. Here residents will find the welcome center, developer’s offices, retail, restaurant, activity center, and pool area.
11The HomesHomes will range in size from 1,100 s.f. to over 2,500 s.f. to accommodate a variety of lifestyles. Lot widths will vary from 40’ to over 60’ and lot sizes will be mixed within the community to promote a variety of home sizes and types within each neighborhood. Some homes will have rear alley access, allowing more intimate streets to promote a real community.
12The HomesSeveral quality homebuilding companies have been approached to construct the homes in Sweetwater Ranch. To maintain high quality and low cost, the developer plans to promote system built modular technologies with their builder programs at Sweetwater Ranch. These homes are typically constructed under ideal conditions, with less waste, fewer delays and produced by skilled and dependable craftsman. The Partnership reserves the option to direct develop and build these modular homes.
13What about our home sales? Not including the toll roads, it is estimated that annual sales can reach 500 units per year with people already in the area and with out-of-state sales. The addition of the toll roads can quadruple annual sales.
14Who are our future homeowners? Target Sales and Occupancy - Baby Boomers & Eco BoomersWorking Families with NO children or dependents(1 to 2 average home occupants)15%Working Families with children and/or dependents(4 to 5 average home occupants)30%Seasonal Households - six month avg. residency(one or two average home occupants)5%Retiree Households - year round residents45%Working Families with adult dependents only(3 to 4 average home occupants)Total100%
16Heartland Coast to Coast The State of Florida is evaluating a toll road to connect the east and west coasts.The planned route runs through Hardee County.
17Heartland ParkwayThe State of Florida is evaluating a toll road as an additional north-south route to ease traffic congestion and to aid economic development and hurricane evacuation. The planned route runs through Hardee County.
18Where will the Future Toll Roads Intersect? When these two roads are constructed, they will intersect in Hardee County, bringing an enormous economic advantage to Hardee County. Sweetwater Ranch is strategically not located within the proposed path, but is close enough to benefit.While the proposed state toll roads would benefit Sweetwater Ranch by expanding the local service area (the area where people living now can be expected to relocate to Sweetwater Ranch), there is still a very large area that will attract new residents within Florida’s Heartland.
19The Sweetwater DNA Land Conservation and Stewardship Green Building ConstructionEnergy Efficient TechnologiesAttainable HousingSustainable Communities
20A Partnership with BIGGEST BIGGER BIG GE Energy Star Appliances & LightingGE Brilliance Solar SystemsGE Tankless Water Heater SystemsBIGGERTechnology for Airtight Envelopes in Every HomeCertified Green Construction Designation – Community StandardGE Master Gray Water Facilities for Recycled WaterGE Water and Wastewater Utility InfrastructureGE Power GenerationBIGGESTGE Mortgages based on a Home’s Energy Efficiency CreditsGE SmartCommand Digital Home Technology
21A growth strategy for the company Environmental performanceOperating performance1Double R&D… $1.5 Billion2Grow Revenues… $20 Billion3ReduceEmissions4Report Progress
2245+ customer solutionsEnergy IGCC • Solar • Biogas • Wind • Gas turbinesWater Reuse • Desalination • Industrial • Cooling“Since launching ecomagination… Immelt and GE have taken great strides—and both their customers and policy makers have begun to respond…” Jonathan Lash, WRITransportation Aviation • Rail • Automotive • MarineIndustrial Lighting • Appliance • Motor • Material • Finance
23What do homeowners think about green? 85% would buy a home with energy technologies if the energy bill savings offset the increase in mortgageEnergy Pulse Survey, 2006Green Homeowners are more satisfied with their new green home vs. previous homeGreen Homeowners are likely to recommend a green home purchaseMcGraw Hill Green Home Survey, 2007
25At least 20% less total energy, indoor water & emissions Plus improved indoor air qualityBuilding Science foundationAdvanced LightingHigh performance appliancesEnergy ManagementTurnkey Marketing materialsOptionsSolar PowerInnovative Mortgage
26GE Collaboration with Masco The Environments For Living® Program Key building science principals PLUS whole home product solutionsTight ConstructionFresh Air VentilationImprovedThermal SystemsCombustion SafetyRight-sizedHVAC EquipmentPressure BalancingInternal Moisture ManagementIndoor Air QualityWater Management$$$Appliance & Lighting DashboardRenewable PowerGE Money
27Advanced Lighting Package Plug Load Efficiency 50%+ compact fluorescent lightingEnergy Star ceiling & bath fansCFL’s use up to 75% less energy than incandescentAnd QualityOptimized package for each floor planSelective GE Reveal lamps8-12 times life of incandescentsEnergy StarMeets Energy Star ALP requirements
28High-Performance Appliances Plug Load Efficiency Dishwasher (30+ models)Energy star qualifiedAuto hot startExtra clean sensorGE Monogram®GE® CaféGE®Refrigerator (115+ models)Energy star qualifiedGE Profile ™Laundry (4+ models)Energy star qualifiedUltra water-conserving
29Indoor Water Use Water Conservation AppliancesLaundry: largest single userDishwasherFixturesIncluded in EFL Green programLow-flow toiletsShowerheadsFaucets
30Outdoor Water Use (Optional) Water Conservation Water Recycling SystemOutdoor use = 40%+ of total waterReuse wastewater for landscapingCentral system for communityModular, small footprintLandscapingIncluded in EFL Green programSmart Irrigation ControllersSmart Landscaping
31GE Brilliance Solar Systems Renewable power Modular technologyRatings per kW DC solar:~100 ft2 required per kW~1,450 kWh AC production/yearNo moving partsMinimal maintenance25 year limited power production warrantyInstallation options:Trellis, porch awning, hip roofRoof-integrated concrete tile
32SmartCommand Home Control Platform Monitoring & Control Centerpiece of the program… Demonstrates the valueCurrent & trended…Electricity useSolar power productionWater usePlus…Programmable Thermostat(s)Lighting control interfaceIntegration with GE Security Integration with GE intercomIntegration with GEhome audioNew product: Availability Q4 2007
33SmartCommand Home Control Platform Electricity & Water
34SmartCommand Home Control Platform Electricity & Solar
36Innovative mortgage Broad Product Suite Fixed and Adjustable-rate energy efficient mortgage productsDebt-to-Income ratio adjusted favorably with expected utility savingsCustomer GuaranteesBest Price: GE pays the customer $500 if we cannot beat a rival lender’s price on conforming 1st mortgagesSame Day Loan Decision: Loan decision on conforming 1st mortgage application within one day or GE pays the customer $250On-Time Closing: We meet the closing date on a purchase loan, or we reduce the customer’s interest rate by 1/8 of 1%.Closing Cost Credit$500 credit against standard GE Money closing costs
37ecomagination homebuilder program Turnkey marketing The power of the GE brand Inspired by ecomaginationModel Home DVDInteractive consumer touch-screen experienceComprehensive sales trainingPrint & ad templatesWeb Site reference
39“Save green by living green” The time is right…“Green is the new red, white, and blue” - Thomas Friedman, New York Times“Save green by living green”
40Sweetwater Ranch to Life Project StatusGE BringsState DRI application being prepared and meetings with regulators are ongoing.Modification of Hardee County Comprehensive Plan documents ongoing.Modification of Hardee County Land Development codes are ongoing.Jurisdictional determination of all wetlands nearly complete (there is over 110 miles of wetland lines).Anticipated DRI approval: First Quarter 2009Please refer to Project Status Report in your binder for Detailed SummarySweetwater Ranch to Life
41Sweetwater Ranch Sweetwater Ranch Company, LLC Owner/BorrowerFlorida Green Communities, LLCas its Managing MemberAll Subsidiaries including Sweetwater Ranch Utilities, LLCAll Joint Venture Interest