Microturbine Search Engine Series
Capstone Turbine Publications search was updated real-time via Filemaker on:Capstone Turbine Publications | Return to Search List
Search Completed | Title | Confidential Private Placement Memorandum UPTOWN PERFORMANCE CENTRE, LLC
Original File Name Searched: PPMAAC88.pdf | Google It | Yahoo | Bing
Text | Confidential Private Placement Memorandum UPTOWN PERFORMANCE CENTRE, LLC | 001
Confidential Private Placement Memorandum UPTOWN PERFORMANCE CENTRE, LLC
Offering of 8 Units
$500,000 PER UNIT FOR A 5% INTEREST IN THE LLC
TOTAL INTERESTS ISSUED: TOTAL OWNERSHIP:
Initial Funding/Equity $4,000,000 $6,000,000
% Interest 40
Minimum Subscription: One Unit
Uptown Performance Centre, LLC, an Illinois Limited Liability Company, (“UPC” or the “Company”), herby offers (the “Offering”), on a confidential basis, a minimum of 1 unit (the “Unit”) at a purchase price of Five Hundred Thousand Dollars ($500,000.00) per Unit. See “Terms of the Offering.” No minimum number of Units must be sold. See “Description of Securities” and “Terms of Offering.” UPC reserves the right to change the minimum to any fraction of the unit.
The Company, which began operation in 2003, (hereafter, “UPC”) was officially formed as The Uptown Performance Centre, LLC on April 4, 2003 for the purpose of acquiring, restoring, adapting and operating the historic Uptown Theatre building located in Chicago, Illinois. The 4,381-seat theatre built in 1925 has been closed since 1981.
The company’s primary objective is the acquisition, stabilization and development of the Uptown Theatre property located on the 4800 block of North Broadway, Chicago, Il 60641. The secondary objective is to purchase other properties near the theatre. The cost for acquisition, restoration and adaptation is estimated at $32,000,000. The Company is in negotiations with the bank and land trust that control the theatre. The Company has secured an agreement for the sale of historic tax credits with Chevron, TCI. Additional funding is projected from the sale of 8 LLC units, City of Chicago TIF funding, and for naming and advertising rights. No public donations are being considered at this time. This project is a for- profit enterprise and not to be confused with other not-for-profit entities or organizations, that have previously been created for this same purpose. At the present time qualified tenants have expressed serious interest in leasing space within the building. Management is confident that a prudent leasing schedule for portions of the building will provide adequate revenue for theatre operations, programming, ongoing maintenance and restoration, repair and profitability. A detailed study of this memorandum will provide business information, pertinent data and financial projections.
The subscription price for Units subscribed for will be payable to the Company at the time of subscription by check or wire transfer as described herein. See “Terms of the Offering.”
THE UNITS HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITES ACT”), AND MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITES ACT. AN
Image | Confidential Private Placement Memorandum UPTOWN PERFORMANCE CENTRE, LLC
|Capstone Turbine For Sale - Microturbine C30 C65 C200 C600 C800 C1000 - Go to microturbine website|
Search Engine Contact: firstname.lastname@example.org