1. Grand Slam Holdings DBA Lighthouse Inn Resort, LLC Come up to the meadow and relax in the garden. Welcome Back!

2. What are we here for?

3. The Goals and Objectives To restore the Inn to it’s original grandeur by restoring the building, grounds, gardens, and carriage house in an effort to provide luxury services to the public both locally and internationally. To restore the Inn to it’s original grandeur by restoring the building, grounds, gardens, and carriage house in an effort to provide luxury services to the public both locally and internationally. To employ modern sustainable ecologically friendly practices and materials in the restoration and continued operations of the Inn including two solar tracking systems which will provide up to 75% power to the Resort by the sun. To employ modern sustainable ecologically friendly practices and materials in the restoration and continued operations of the Inn including two solar tracking systems which will provide up to 75% power to the Resort by the sun.

4. Community Impact Provide a gathering place for local families and business. Provide a gathering place for local families and business. Full community access to facility Full community access to facility Planned seasonal community events Planned seasonal community events Training Center for local Colleges and Universities Training Center for local Colleges and Universities Long term jobs and resources Long term jobs and resources Infrastructure improvement Infrastructure improvement

5. Main Services 200 plate formal dining and event 200 plate formal dining and event 125 seat tavern and bar 125 seat tavern and bar Summer outdoor family refreshment services Summer outdoor family refreshment services 45 rental rooms 45 rental rooms Spa services Spa services Gift shop Gift shop

6. Pricing Strategy average casual dining plate is $16.50 average casual dining plate is $16.50 average elite dining plate is $22.50 average elite dining plate is $22.50 average room rate $150 average room rate $150 average beverage $8 ($6 draft) average beverage $8 ($6 draft) average spa visit $75 average spa visit $75 average event $4,000. average event $4,000.

7. Sustainability of the Resort Solar Solar –110 Solar panels on 2 trackers –EV recharging stations High energy efficiency HVAC High energy efficiency HVAC State of the art water filtration system State of the art water filtration system Phone Internet Phone Internet –Digital phone system VIOP –Full property WiFi coverage with guest network (community purchase options) –FCC Approved Cellular booster

8. ADA Compliance Facility Compliant to ADA National Standards Facility Compliant to ADA National Standards –Addition of Mobility Impaired ramp –Addition of Mobility Impaired bathrooms A certain percentage of the rooms will also be ADA compliant A certain percentage of the rooms will also be ADA compliant –Pool will be equipped with an ADA approved Lift system

9. Jobs 29 full time year round jobs 29 full time year round jobs 20+ part time and seasonal jobs 20+ part time and seasonal jobs Internships coordinated through local educational facilities including local tech schools Internships coordinated through local educational facilities including local tech schools Management experience interns for College credit Management experience interns for College credit

10. Taxes Resolution of outstanding Water Lien of $42,000 Resolution of outstanding Water Lien of $42,000 Property Taxes - $63,000 Property Taxes - $63,000 –It is prudent and reasonable that the annual property tax be increased upon completion of the proposed renovations, however we will be applying for a tax abatement through state statue 12-65B allowing for a 1-year tax abatement as discussed in previously increased offer. When fully operable New London projected annual tax revenue of $150,000+/- When fully operable New London projected annual tax revenue of $150,000+/-

11. Beach Guthrie Beach Membership Guthrie Beach Membership –If possible, pending decision of beach association –If membership denied, Resort will have livery service to accessible beach

12. Zoning The Inn is located in the R-1 Zone The Inn is located in the R-1 Zone – A Single Family Low Density Residential District. While operation of an Inn is not typically something that would be seen in an R-1 zone, the Lighthouse Inn is grandfathered to continue as the Inn & Resort. While operation of an Inn is not typically something that would be seen in an R-1 zone, the Lighthouse Inn is grandfathered to continue as the Inn & Resort.

13. Finances First inflow $3.5 Million of which $2.1+/- Million will be dedicated to restoring the mansion using local contractors and businesses. First inflow $3.5 Million of which $2.1+/- Million will be dedicated to restoring the mansion using local contractors and businesses. Over the duration of the next 5 years potential addition a $6+/- Million for continued restoration. Over the duration of the next 5 years potential addition a $6+/- Million for continued restoration. 30% Federal tax credit on all sustainable upgrades. 30% Federal tax credit on all sustainable upgrades. We are financed through Polaris Capital Group and available grants. We are financed through Polaris Capital Group and available grants.

14. Management Team of identified professionals (as listed in original proposal) in place tracking with projected timeline. Team of identified professionals (as listed in original proposal) in place tracking with projected timeline.

15. Additional Services Livery service to local shopping and community events. Livery service to local shopping and community events. Physical Fitness Center Physical Fitness Center Commissioned Artists’ Guild Commissioned Artists’ Guild Garden Club Events Garden Club Events Day Care Facilities Day Care Facilities Pet Friendly Pet Friendly

16. How soon can New London expect results?

17. 10 Months to Completion Step 1 Step 1 –Have restaurant and rooms ready for Wedding Season 2016 (or sooner, weather permitting). Step 2 Step 2 –Have rooms available in the main mansion within 10 months of the tavern coming online.

18. Conclusion We are passionate about restoring and maintaining the legacy of the Lighthouse Inn We are passionate about restoring and maintaining the legacy of the Lighthouse Inn –Our goal is to create a community asset for this generation and the generations to come, not just a jewel in a corporate crown.

19. Bring back the Legacy of New London Plant flowers not Condos!!! Tony Morascini captallgood@yahoo.com