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Executive Summary

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December 2007

 

www.centraltransit.com

2014 Tulare St., Suite 601

Fresno, CA 93721

559.233.2700

 

 

 

 

THE INFORMATION PRESENTED IN THIS BUSINESS SUMMARY IS OF A PROPRIETARY AND CONFIDENTIAL NATURE. THIS INFORMATION IS PUBLISHIED ON THE CORPORATE WEBPAGE AS AN INFORMATIONAL TOOL TO BE USED IN AN EFFORT TO GATHER PARTICIPATORY SUPPORT. IT MAY NOT BE REPRODUCED OR COMMUNICATED IN ANY MANNER, VERBALLY, ELECTRONICALLY, OR OTHERWISE, WITHOUT THE WRITTEN CONSENT OF Central Transit & Development Corp. IF YOU HAVE AGREED TO VIEW THIS BUSINESS SUMMARY, YOU SHALL BE DEEMED TO BE IN AGREEMENT THAT THIS INFORMATION IS PROPRIETARY AND CONFIDENTIAL, AND FULLY UNDERSTAND AND AGREE TO REFRAIN FROM TRANSFERENCE OF SAME TO ANY OTHER INDIVIDUALS OR BUSINESS ENTITIES. IF YOU DO NOT WISH TO BE BOUND BY THIS AGREEMENT, PLEASE DISCONTINUE VIEWING THIS DOCUMENT OF Central Transit & Development Corp.

ADDITIONALLY, THIS BUSINESS SUMMARY IS COVERED BY U.S. COPYRIGHT LAWS. THEREFORE, REPRODUCTION OR DISSEMINATION OF CONTENTS MAY BE IN VIOLATION OF FEDERAL LAW.

THIS DOCUMENT HAS BEEN PREPARED BY Central Transit & Development Corp SOLELY FOR INFORMATIONAL AND PROJECTION PURPOSES ONLY. THIS IS NOT AN OFFER TO SELL STOCK OR SECURITIES. THIS BUSINESS OVERVIEW WAS WRITTEN FOR INDIVIDUALS TO MAKE AN EVALUATION OF THE SUBJECT MATTER CONTAINED HEREIN AND TO ASSIST THEM IN DETERMINING THEIR DESIRE TO PROCEED IN PROVIDING SUPPORT TO THE PROJECT. WHILE THE INFORMATION CONTAINED HEREIN IS FROM SOURCES DEEMED RELIABLE, Central Transit & Development Corp HAS NOT INDEPENDENTLY VERIFIED EVERY EXTERNAL SOURCE OF INFORMATION. Central Transit & Development Corp MAKES NO WARRANTIES, EXPRESSED OR IMPLIED, THAT ACTUAL RESULTS OF THE PROJECT(S) OR COMPANY WILL CONFORM TO RESULTS PROJECTED HEREIN. THIS DOCUMENT IS SUBJECT TO REVISION, WITHDRAWAL, OR MODIFICATION.

 

 

 

 

Changing Transportation

With An Automobile Alternative
 
 


 

 

 

Introduction

A detailed project study began in 1997 specifically for Central California needs; it became the Central Transit and Development Corporation (CTDC) in September of 2005. Centered in Fresno, this privatized transportation project aims to enhance the environmental and economic stability of the Central Valley with an incrementally developed, comprehensive, new technology mass transit system. To accomplish this goal, CTDC will build its CyberTran, Fresno transit system and a neighborhood transportation business to integrate the City of Fresno 2025 Master Plan and 2030 Regional Transportation Plan into a seamless transportation network throughout Central California. CyberTran, Fresno’s surrounding feeder lines will enable connections that travel north and south to San Francisco and to Los Angeles, respectively, to CyberTran California.

Implementation of this comprehensive mobility project requires surpassing the status-quo of the standard urban real estate development. Change sometimes requires a bold move.  Mankind’s intellectual evolution mandates a transformation for mobility.  The magnitude of this project carries the necessary disruptive technology to enable a social change from the car culture mentality.

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Overview

Central Transit & Development Corp is building an all-inclusive transportation alternative to the automobile. This privately funded environmentally sustainable urban growth and infill real estate development project incorporates advanced transit technology plus, complete door to door local mobility connectivity.

There are 3 components to the Central Transit & Development Corp project:

Advanced transit system technology

Method of funding through real estate

Neighborhood mobility

CyberTran's cybernetically controlled transit system (www.cybertran.com) utilizes numerous twenty-passenger vehicles on light-weight guideway structures to deliver passengers to their destinations without unwarranted stops or delays.

Its funding mechanism is to use real estate Transit Oriented Developments (TODs) built at the transit station sites.

A subsidiary of CTDC will supply a subscription platform Low Speed Vehicle leasing organization for short trip neighborhood mobility connectivity.

This project entails the building of a Four Phase privately funded and privately constructed light-rail transit system plus the neighborhood mobility connections capable of handling the transportation needs for Central California residents.

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Objective

A well designed transportation system reaches beyond mobility solutions and determines land use as well as other vital issues that face Valley residents. Listed here are a few of the benefits this project provides:

o Improve and stimulate current economic development

o Create new jobs and new manufacturing opportunities

o Improve air quality

o Provide social equity

o Mitigate mobility congestion

o Allow for agricultural land protection

o Maintain a self-sufficient power source

o Reduce stress related health issues of driving

o Increase lifestyle value to valley residents with mobility convenience

·  According to immediate demands of public debate

o An automobile alternative or mass transit system is needed to clean the air of particulate pollutants

o Public would ride rail transit system with the availability of a cost effective, convenient system that offers destination capability

o Senior citizens are locked out of social interaction from lack of mobility access

o Transportation is one of the San Joaquin Valley’s most essential concerns and must be resolved

A well designed transit system can also provide affordable housing by increasing housing densities near the station locations with transit oriented real estate development

It is the objective of CTDC to provide the methodology and implement such a transit system

Model can be replicated throughout the San Joaquin Valley; and beyond

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Challenge

Through the years we have watched the San Joaquin Valley grow from farms and small towns to the comfortable and friendly closely knit neighborhoods to the uncontrolled behemoth of urban sprawl. The urban growth isn’t as advantageous as it once was. This single story linear building pattern of urban sprawl has spawned no viable alternative transportation other than the addictive dependency to the automobile with uncontrollable traffic congestion and its epidemics of destructive stress related impacts, skyrocketing fuel costs, and a declining air-quality.

The State’s population increase has a negative impact to the San Joaquin Valley air quality.

The status quo method of real estate development is POD, or Profit Only Development. This current mindset of urban sprawl development is sustainable neither economically nor environmentally. California’s environment can be improved with the implementation and replication of CTDC’s transportation oriented development model.

Today, the Real Estate market, with its exponential growth, demands a reasonable solution to the disappearing farm and open spaces. The San Joaquin Valley needs to protect its valuable agricultural assets.

Due to local, regional, and state budgetary constraints a new-starts transit system is unlikely in the Central Valley. At the federal level; funding a new starts mass transit light-rail system through-out each of the eight counties’ in the San Joaquin Valley is not within budgetary consideration of the current administration, nor expected for any administration in the foreseeable future. Fresno and each of the Valley cities can not receive funding to build an integrated mass transit system with the current governmental funding methodology.

This lack of possible traditional government financing for a mass transit system in the San Joaquin Valley requires an innovative movement of creative funding methodology.

The challenge is changing our car culture’s way life and its automobile oriented sprawl growth. This can be achieved by reverting to the pattern of growth Fresno maintained as a destination location soon after it was originally established. The largest segment of growing victims to this car culture mentality is the senior citizens whom no longer have cultural acceptance due to an inability of social access with their lack of mobility.

In addition to the planning design challenges of urban sprawl are the escalating price of gasoline and the limited oil supply.

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   Steps to sustainable mobility
 
 


 

 

 

Actions

There are many components to a transit system. The CTDC project has two targets: immediate and long range.

Timeline

Immediate: Our immediate target is to build the 12 miles section of light-rail guideway in Phase One with 9 TODs and includes initiating the neighborhood mobility component.

Long-range: To build a privately funded four-phased 325 mile New Technology mass transit light-rail system within fifteen years. This mobility network will provide an ecological transportation alternative from the automobile and provide complete local mobility access to 90% of Central California residents. This privatized CTDC mobility project will serve as a model to be replicated throughout the State, Nation and the World.

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Conclusion

The next step in mankind’s intellectual evolution will be our mobility. As history carried us through the industrial revolution then, most currently, through the information revolution; our next step of social progress brings us to the upcoming transportation revolution for the mobility of mankind.

Central California needs a transportation alternative for many reasons. The existing car culture method of sprawl development land use consumption contributes to a poor economic condition and is exacerbating the air quality degradation. Fresno’s unique location and need for an economic generator provides the perfect environment for an opportunity to implement an innovative transportation system that includes a socially responsible and environmentally sustainable real estate building development.

The window of opportunity is open for the CTDC privatized transit system project. Everyday the price of gas increases it causes the general public an uneasy feeling of vulnerability. Continued automobile usage only aggravates the Valley’s increasingly poor air-quality and the skyrocketing population does not serve to reduce the stripping away of Fresno’s long-standing urban lifestyle. The frenzy of 190 RE housing tracks recently built in the area cater to the status-quo of conventional building and its relationship to society’s love affair with the car. This prevalent building attitude is based on profit oriented consumption and the exploitation of available resources which only leads to extinction. The building industry has to curtail its unconscious lust for profit at the expense of the effected communities and our dwindling resources. The building industry must find profitability with a sustainable environment, which stimulates the economy. This solution is obtainable with TOD based mobility other than petroleum consumption. Without planning for the "End of Oil", Fresno would be devastated economically with the status quo of its current building trend.

With preparation of sound building visions CTDC helps Fresno lead the nation in new technology transit and environmentally advanced TOD building solutions. The necessity of this environmental demand gives CTDC not only this prime opportunity to lead the world in building environmentally friendly sustainable community neighborhoods but, CTDC creates abundant financial gain for all of its investors.

 

 

J.P. Sweeney, CEO

Central Transit & Development Corp

jps@centraltransit.com