1- TOT Tax incentive / Rebate is likely to qualify for upto $3.5 million. (application is in process) 2- PLACERVILLE DERIVES THE MAJORITY OF ITS LODGING DEMAND FROM: ? LOCAL LEISURE DESTINATIONS ? TRAVELERS EN ROUTE TO OTHER DESTINATIONS SUCH AS SAN FRANCISCO TO THE WEST AND LAKE TAHOE TO THE EAST 3- STRATEGIC VALUE ADDS: ? GOLD RIVER BOUNDLESS OPPORTUNITIES FOR OCEAN ADVENTURES, HIKING, CAVING, MOUNTAIN BIKING, HISTORICAL EXPLORATION & MINING AT GOLD RUSH MUSEUM ? DOWNTOWN PLACERVILLE LOCATED ALONG THE HISTORIC MAIN STREET. A SIGNIFICANT DRAW FOR TOURISTS ? RED HAWK CASINO DIRECT APPROACH FROM THIS SITE THROUGH I 50 FWY ? APPLE HILL FARMS FISHING POND, BAKERY, CAFE, OPEN MARKET, AND ARTS & CRAFT VENDERS. THE VIEW OF THE SIERRAS IS STUNNING. NEXT DOOR IS THE FUDGE FACTORY ? CRAFT FAIRE & HANG TOWN CAR SHOW MAJOR EVENTS ? NTEL-FM5 CORPORATE OFFICE NEAR-BY ? DESTINATION WEDDING PERFECT SPOT FOR STATE OR INTERNATIONAL CLIENTS DUE TO ITS ESTEEMED BEAUTY AND NATURAL LANDSCAPING 4- Site Features: ? The site has good visibility from the highway in both directions ? A gas station and restaurants are nearby, roughly 0.2 miles north ? 2.2 miles from downtown Placerville ? 5.8 miles from Placerville airport ? 3.3 miles from Gold bug park (Gold Rush Museum) ? 5.7 miles from Red Hawk Casino ? 2.3 miles from Wine-Tasting at Niello Olivo Winery ? Near historical Gold River & Gold Mine ? Right next to I-50 freeway ? With the views of Historic Weber Creek Gold mines ? 1.3 miles from Perks Corner 5- PLACERVILLE DISTANCE FROM OTHER DESTINATIONS: ? Folsom, CA 24mi. | West ? Sacramento, CA 44mi. | West ? South Lake Tahoe, CA 60mi. | Northeast ? Truckee, CA 93mi. | Northeast ? Reno, CA 124mi. | Northeast ? San Francisco, CA 130mi. | Southwest