Page 59 - TIAMAT_Nov2018
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PROJECT FINANCE
- $1,000,000.00 holding deposit paid to the islands head lease holder.
- HEAD LEASE January 1st 2016 – Dec 31st 2043 (additional €65 million)
- Government lease extension post 2043 will be an additional 49 years (€10 million)
- Build completion time frame December 2021
- Architects & Designers fees €5 million
- Cost for build €110 million euros
- Completion to Charter standards including all furnishings, equipment and support vessels and watersports toys (€40 million)
Total cost budget for full HEAD LEASE Completed project €230,000.000.00
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