Unique Business Opportunity offered by New Age Amusements & Resorts
Inc. Represented as a Joint Venture opportunity to convert the former St.
Peters Hospital facility of Melville Saskatchewan to a Seniors Housing
Complex, under the trade name of Rimrock Meadows. As of Nov. 20, 2003
the assessed value is $590,000.00.

PROPERTY DESCRIPTION:

• Six point four acres (6.4) plus a 56, 274 sq.ft. facility

LEGAL DESCRIPTION:

• Plan of Survey of Lot 12, Block 201, Reg'd Plan No. 68Y04981;
  Blocks 85A and 86, Reg'd plan No. V3494
  and Block 114, Reg'd plan No.X3945 (in)
  N.W. 1/4 sec. 28 and S.W. 1/4 Sec. 33-Twp. 22-Rge. 6-W.2.M.

• 56,00 sq. ft. on Four Levels situated on 6.4 acres.

• Potential for 70+ suites - Studios, One and Two Bedroom suites

CONSTRUCTION:

• Masonry construction reinforced concrete footings with concrete slab between floors.  Partial above ground basement, with total of four floors.  Tar and gravel roof.

LAYOUT:

• Four Levels

MECHANICAL:

• Gas fired boiler heating system, back up generator.

INVENTORY/EQUIPMENT:

• List of chattels available upon written request

SPECIAL FEATURES:

• Formerly known as the St. Peters Hospital facility, decommissioned in June of 2002.

• This structurally sound facility would lend itself to a multitude of uses with ample land for future expansion

• Preliminary feasibility highest and best use would lend itself to Seniors housing

LAND/TAXES:

• This strategically located 6.4 acres, is situated amidst a mature residential neighbourhood.

• Disclosure: The present owners have represented to the City Fathers at the time of the original purchase that the highest and best use at that time was envisioned as future Seniors housing facility.

• Therefore represented in good faith by the City Fathers that a tax exempt status would apply for three years from the date of completion of the existing facility, to the proposed Seniors Housing complex.