viewland housing corp. -...

River Ridge Estates

INVESTOR

PROPOSAL

Confidentiality: This document is the exclusive property of Viewland Housing Corp. This document contains proprietary and

confidential information that shall not be reproduced in any manner or disclosed to or discussed with any other parties without the

express written permission of Viewland Resorts Ltd. Information in this document is to be considered the intellectual property of

Viewland in accordance with Canadian copyright law. This material reflects Viewland’s best judgment, in the light of the information

available to it, at the time of preparation. Any use which a third party makes of this report, or any reliance on or decisions to be made

based on it, are the responsibility of such third parties. Viewland accepts no responsibility for damages, if any, suffered by any third

party as a result of decisions made or actions based on this report.

VIEWLAND HOUSING CORP.

R . R . # 1 * F A L U N * A L B E R T A * T 0 C 1 H 0 * C A N A D A

P H O N E : ( 7 8 0 ) 3 5 2 - 7 6 1 0 * F A X : ( 7 8 0 ) 6 6 5 - 6 0 2 2 E M A I L : I N F O @ V I E W L A N D R E S O R T S . C O M

A U G U S T 1 5 T H , 2 0 1 1

Viewland Housing Corp.

Table of ContentsHighlights ................................................................

Golf ................................................................

Provincial Park ................................

Hiking ................................................................

Dining ................................................................

Travel ................................................................

Lake Experiences ................................

Investment Term Sheet for Phase 1

Our Team ................................................................

Construction Team ................................

Accounting ................................

Legal ................................................................

Maps… ................................................................

Richard Wilson’s Resume ................................

Viewland Housing Corp. River Ridge Estates

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Investment Term Sheet for Phase 1 .............................................................................................

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Highlights • Subdivision completed with 76 residential lots

• Exclusive location – road the Battle River, and entertainment from

• Limited Competition: The development across the road on the golf course is for recreation vehicles only.

• Mortgage free lots owned by Viewland Resorts

• Pigeon Lake attracts recreational users, early retirees, and young families making it a stable investment and growth area

• 18-hole Dorchester Golf C

• Potential growth available could be developed.


“An Investment you can enjoy!”

Subdivision completed with 76 residential lots

road being paved from Highway 13 to entrance, great views and entertainment from golf course.

Limited Competition: The development across the road on the golf course is for recreation

owned by Viewland Resorts

ttracts recreational users, early retirees, and young families making it a stable investment and growth area

Course directly across the street

Potential growth available – Viewland Resorts owns the adjacent quarter sect

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great views along

Limited Competition: The development across the road on the golf course is for recreation

ttracts recreational users, early retirees, and young families making it a

Viewland Resorts owns the adjacent quarter section which


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Golfing Enjoyment

Relax at the Lake

Incredible Landscaping

Great Walking Trails

Recreational Benefits

Golf o Dorchester 18-hole course, directly across the road

o Black Bull course 18-hole+9 hole executive, 5 minute drive

o Willow Green 18-hole course, 15 minute drive

o Wicked Witch 9-hold par 3 course, 10 minute drive

o Mini Golf, 5 minute drive

Provincial Park o Pigeon Lake is approximately 22km long and 11km wide. The park provides excellent fishing and bird watching opportunities with well-treed campsites and nearby services.

o Lake Recreation

o Day Use Site

o Over Night Campgrounds (Pigeon 293/43 powered & Zeiner 116/75 powered)

o 4 Group Use Sites

Hiking o Walk to Battle River, River Ridge Estates overlooks the pristine Battle River Valley

o Pigeon Lake 12.9km of easy trails


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Dining o The Loft, Ma-Me-O Beach

� Buffet dining with spectacular view of Pigeon Lake

o Paulines

� Lake front dining

o Village Pizza

o Black Bull Restaurant

� Dining overlooking a 18 hole golf course

o Eco Café

� Fine dining and outdoor seating

Travel o 60 minutes to Leduc

o 45 minutes to Edmonton International Airport

o 5 minutes to Fire Hall and a 24-hour ALS ambulance

o 5 minutes from the Village at Pigeon Lake (shopping)

Lake Experiences o Pigeon Lake – 10 minute drive to recreational

boating, beaching and fishing

o Battle Lake – 15 minute drive to pristine fishing in a protected watershed area

o Twin Lakes – 20 minute drive to fishing and diving

Village at Pigeon Lake (VPL)

Shopping Activities:

• Grocery Store with Pharmacy

• Liquor Store

• Bank

• Doctor and Denture Clinic

• Gift Boutiques

• Spa with 20+ staff

• Gym

• Hotel

• Gas Service Stations


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Investment Term Sheet for Phase 1 Company: Viewland Housing Corp. (“Newco”), a newly formed Alberta corporation,

indirectly owned by Rick and Rose Wilson

Project: Phase I – purchase of four (4) lots (Block 3, Lots 40-43) at River Ridge

Estates near Pigeon Lake, Alberta (the “Phase I Lots”), construction of

homes and sale of completed homes. The lots are presently owned by

Viewland Resorts Riverfront Ltd. and would be purchased from it for an

aggregate of $600,000 ($150,000 per lot).

Investment: $25,000 Note evidencing a loan to Newco, secured by the Phase I Lots

purchased

Terms of Note: -Notes will mature on the full repayment of principal and accrued interest -pro-rata share of the principal plus any accrued interest shall be payable at the time each of the first three (3) homes is sold -balance of principal is repayable and accrued and unpaid interest is payable once the fourth (4th) home has been sold -accrued interest on a Note will be calculated as follows: $ 25,000 x 75% of Newco’s revenues, less all

$1,600,000 expenses related, directly or indirectly, to lot purchase and construction of homes on the Phase I

Lots and all sale and other ancillary expenses, for each completed fiscal year

-interest will be accrued and paid at the time of repayment of principal on the Note

Aggregate Planned Note Offering

for Phase I: $1,600,000 (64 Notes)

Note Subscription for Each Closing: $400,000 (16 Notes), with one (1) of the Phase I

Lots to be purchased from Viewland Resorts

Riverfront Ltd. following each closing

Note Purchase by Viewland Resorts

Riverfront Ltd.: Viewland Resorts Riverfront Ltd. plans to purchase

at least one (1) Note of each closing and may

potentially subscribe for additional Notes

Use of Proceeds from

Note Investments: Purchase of Phase I Lots, home construction and

working capital for Newco


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Our Team

Richard D. Wilson - Developer

Rick has a proven track record in establishing and

managing profitable businesses. Projects include

management and hands-on experience in various

construction fields including residential housing, heavy

construction, excavation, and concrete. Rick also has

management experience of large organizations, as he is

active in local Government and is president of Viewland

Resorts Ltd.

Clinton & June Boyda – Technology & Project Management

Extreme Management Solutions Inc.

brings over a decade of IT expertise.

Clinton was the Information Systems

Supervisor for HERTZ Equipment Rentals

and has held posts with IBM, TELUS and CompCanada – A Division of Multitech

Electronics. June’s management skills are praised by the Condominium

Corporation No. 0122324, Summer Village of Itaska Beach, and Town of Millet.

Areas of Expertise

• Clinton: Research, Automation, Software Development & Implementation

• June: Financial Operations, Municipal Law, Operational Management

Education

• Clinton: Bachelor of Science (BSc), University of Alberta

Psychology (Cognitive Science) / Computing Science

• June: Local Government Certificate with Distinction, University of Alberta

• June: Bachelor of Science (BSc), University of Alberta

Specialization in Computing Science with Business Minor


Construction Team

Dallas Humbke, Foreman

Dallas grew up on the family farm close to Wetaskiwin. He

has been involved in construction all his working

His company is active in residential and commercial

construction. Dallas has an experienced crew and a full

line of equipment. Dallas worked with Rick on the Sunset

Harbour project, building several of the million dollar

homes at the Marina on Pige

Accounting

Israel Wasserman


Foreman


has been involved in construction all his working





homes at the Marina on Pigeon Lake.

Israel Wasserman (CMA), JDP Wasserman & Associates

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has been involved in construction all his working career.





JDP Wasserman & Associates


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Legal

Douglas A. Ballou, Lawyer (Partner in Edmonton)

Doug Ballou concentrates his

practice on acquisitions,

divestitures, debt and equity

financing and private placements, bringing experience that

extends to transactions valued at hundreds of millions of dollars.

He is counsel to a broad range of clients in the oil & gas, mining,

agribusiness and manufacturing sectors, and has assisted these

clients in completing the purchase and sale of various facilities and

businesses. A number of these transactions have been between

purchasers and vendors with international operations and have related to sizable

industrial sites. While he acts for a number of large publicly traded corporations, many

of his clients are individual entrepreneurs and small to medium-sized enterprises.

Areas of Expertise

• Corporate Finance & Securities

• Mergers & Acquistions

• Corporate Governance

Education & Qualifications

• Alberta Bar (2006)

• Saskatchewan Bar (1984)

• LL.B. (Saskatchewan, 1983)

• B. Comm. With Great Distinction (Saskatchewan, 1980)

Awards & Distinctions

• One of Canada’s Leading 500 Lawyers – Lexpert/ American Lawyer Media

(since 2010)

• Selected as one of the Best Lawyers in Canada – Corporate Mid-Market (since

2008)

• “Repeatedly Recommended” for Corporate Mid-Market, Corporate Commercial

Law – Canadian Lexpert Legal Directory (since 2003)

• Lexis-Nexis / Martindale-Hubbell – “BV Peer Review Rated”


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Maps…

Road Map of River Ridge Estates


Satellite View of Development with Golf Course and Battle River


Satellite View of Development with Golf Course and Battle River

River Ridge Illustration

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River Ridge Estates Lot/Block Plan


River Ridge Estates Lot/Block Plan

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Richard Wilson’s

PROFESSIONAL EXPERIE

2007-present Western Canadian Agriculture Debt Review Board Chairman

2006-present JAGR Land Developments Camrose, ABTreasurer

2005-present Viewland Resorts Ltd. Pigeon Lake,ABPresident

2002-2003 Westview Health RegionPublic Administrator

meet Alberta Health’s mandate for a balanced budget


’s Resume

PROFESSIONAL EXPERIENCE

present Western Canadian Agriculture Debt Review Board

present JAGR Land Developments Camrose, AB

� JAGR Land Developments (Andrew, Gary, Richard)

� A joint venture company currently doing several development and housing projects.

� Currently completing a 48 lot housing development known as River Ridge Estates

present Viewland Resorts Ltd. Pigeon Lake,AB

� Created a 76 lot resort subdivision overlooking Battle River in Alberta

� Currently completing the project and marketing lots

Westview Health Region

� Established regionalization plan for a smooth merger with the Aspen and Capital Health Regions

� Restructured budget to make region more efficient to meet Alberta Health’s mandate for a balanced budget

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present Western Canadian Agriculture Debt Review Board

present JAGR Land Developments Camrose, AB

JAGR Land Developments (Andrew, Gary, Richard)

currently doing several development

Currently completing a 48 lot housing development known as

present Viewland Resorts Ltd. Pigeon Lake,AB

resort subdivision overlooking Battle River

Currently completing the project and marketing lots

Established regionalization plan for a smooth merger gions

Restructured budget to make region more efficient to


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2000- 2007 Eco Waste Water Management President

� Established Eco Waste Water Management to Build and maintain water and waste water facilities at Sunset Harbour

1998-2008 Sunset Harbour Developments Pigeon Lake, AB President

� Visionary in creating the lakefront and marina community

� Surpassed all expectations in reference to environment regulations

1997-Present Chamber of Commerce Active Member

� Established the Pigeon Lake Regional Annual Hole-In-One golf tournament, and current Chairman of the golf committee

1996-2003 Crossroads Regional Health Authority Chairman of the Board � Through established, trusted relationships, Crossroads was able to extend its resources by doing

partnership programs with various organizations

� One of the few regions that successfully balanced its budget every year from inception

� Served on various committees including Council of Chairs, the Legislative Review Committee for the Public Health Authority Association

� Known as the “little region that could”

1993-1998 Wetaskiwin Regional School Board Wetaskiwin, AB Vice Chair

� Served five years as a board member, three years as vice chair on the school board.

� Initiated and successfully raised funds for construction of new schools in our division


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1992-2007 Councillor at County of Wetaskiwin Wetaskiwin, AB Councillor

� Served as Deputy Reeve of the County

� Served as Vice Chair of the Agriculture Service Board

� Received 15 year pin for service as County Councillor

� Served on many committees, including the newly established joint economic development initiative board, planning and development committee, agricultural service board, and North-East Pigeon Lake Sewer commission

� Constantly striving to create a vision for a safe, and vibrant community

1988-1991 R& R Automotive Ma-Me O Beach, AB Owner & Manager

� Efficiently operated a full service automotive centre

� Tripled profit margins over a three year period

1985-1991 Rick’s Construction and Rick’s Backhoe Service Falun, AB Owner & Manager

� Established and profitably operated construction companies

1981-1985 Hussey Construction Falun, AB Journeyman Carpenter

� Apprenticed as a journeyman carpenter

1976-1981 Ber-Zel Building Materials Pigeon Lake, AB Assistant Manager

� Shareholder and assistant Manager of a building and hardware supplies store

CERTIFICATIONS

� Journeyman Carpenter (Northern Alberta Institute of Technology)

� Business Certificate (Northern Alberta Institute of Technology)

� Powder Activated Tools Certificate

� Community Economic Development (Economic Development of Alberta)

� Marriage Commissioner

� Inter Nachi Certified Home Inspector

� Certified Ozone Technician and Mold Inspector

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