Letter Of Assurance For Construction Of Improvements: Fill & Download for Free

You have a joint venture party or partner who co-signs and has the assets and net worth to justify that size loan. You tie up a bargain piece of land, or a large empty property or rights to a business, using a Letter of Intent. (no deposit necessary with a LOI). Then you approach the big player. An example is junior exploration companies. They option some land, do a geo survey, find what looks like a major find of some valuable minerals, and then they take the deal to a major mining company to strike a joint venture deal.you have a purchase order or contract that will generate revenue bigger than that size. When the late billionaire Daniel Ludwig was starting out, he’d get a contract from a major oil company to lease a big supertanker from him. He’d then take that to the bank to get the money to build the ship.You look at what the government wants to sponsor, say in environmental projects, infrastructure, etc. You make arrangements to set up a big factory in that niche, that will create a large number of jobs. You get the local congressman or member of parliament, to lobby for you because it will create jobs for his consitutents. YOu ask for some outright grants, and for some loans. Study Elon Musk, and Tesla. His business exists on government handouts.You option a piece of land; you get plans drawn for a large condo development; you get preliminary approval from the municipality; you appoint a real estate agency to pre-sell your pre-construction condos. Say the condos are selling on average for $333,000 each. You’re building say 400 units. That’s $133 million. YOu get deposits of say $30,000 per unit, ie, $12 million. You get bank financing for say 75% of the $133 million, which is your $100 million. In other words, you can do it with smoke and mirrors, You generate the value by having others sign for purchases from you, and put up deposits. The idea is that you create the equivalent of collateral with creativity, courage and contracts.In importing and exporting, if you get a good lead on a bargain price available on some commodity, like copper or potash, etc. you find a buyer and have him put up a Letter of Credit to buy from you when you deliver the commodity according to the terms of the LOC. YOu in turn, go to your bank or a bank experienced in financing imports and expors, and you get a back to back LOC based on the LOC you got from your buyer. That way, you can assure your supplier that he’ll get paid by your bank pursuant to the LOC they issued, because your bank knows it will be reimbursed plus some, from the LOC you got from your buyer. Back to back LOC’s are another example of creating collateral with creativity, courage and contracts. YOur bank is providing you with say, $100million in credit facility, because of your LOC from your buyer. Somewhere there’s a little third world country with some valuable commodity that they have not yet developed.Movie producers are masters at raising cash up front based on a manuscript that has been optioned, and some name stars who have agreed to act in the movie. The producers get upfront advances from European and Asian distributors; from licensees for manufacturing toys, etc; then they get bookings, often with some advances on those bookings; then they can use the money they’ve gathered up, to make deposits on the movie stars’ contracts; and to get the financing for the movie.Venture capitalists will put in big money if they think that the software or invention, or process you’ve developed has big potential. Same for “angels”, and crowdfunding.If you find and negotiate a purchase of big assets, those assets are the collateral that can enable large sums to be borrowed. That’s exactly what happens when you buy a house. Same works with buying a company or project. The things you’re buying are the collateral. You just need to be able to show that it’s imminently worth much more than you paid, by reason of improvements, etc, Large sums of bad debt are purchased for pennies on the dollar, and often the seller, a bank, will finance all or almost almost all of the purchase price of the defaulted debt. In other words, you are limited only by the extent of your creativity and courage in going out and getting contracts.

Although there have been many policy changes, many ways to stop corruptions, many arrests in case of corruption, this question seeks certain innovative decisions, not particularly related to better administration, but out of the box initiatives.Hence I would skip the usual stuff and come to the one which blew my mind, and has the potential to change the health sector across the country:1. The Aam Aadmi ClinicUsually a dispensary is built by Rs 20 Million / 2 Crore. However, these Aam Aadmi Clinics are being built in a frugal budget of Rs 1.5 Million / 15 Lakh.One thing apart from the frugal budget and the nice output that I like about this particular clinic is that ramp at the left. Most health facilities in India miss that.A view from inside:1,000 such clinics are planned all over Delhi and 500 such clinics are planned in current fiscal year. The plan is to reduce the load and on bigger hospitals.There is a waiting room, a doctor's room and a pharmacy as well, which distributes free medicines. It is also equipped with state-of-the-art blood testing facility. A gynaecologist and paediatrician will visit the clinic once every week, besides regular doctors posted at these clinics. Ambulance services will be arranged so that if any patient is referred from these clinics to hospitals there is a facility to take him or her there.As of now, 180-200 patients visit this particular facility every day.More discussion on these clinics has taken place on Quora at What are the pros and cons of the Neighbourhood Clinics launched by the AAP government in Delhi?2. Crowd-Sourcing the Yearly BudgetThis year, Mohalla Sabhas (community discussions) were done in 11 constituencies in Delhi. Not only that, people from industry were also consulted. The end result, the final budget impressed everyone, and shut the mouths of the cynics and the critics. The accolades came fromCII - CII CEOs on Delhi BudgetThe members also appreciated the Government for incorporating many of recommendations and suggestions submitted by CIINobel Laurette Kailash Satyarthi - Kailash Satyarthi on TwitterFrom industry to child activists, eveyone loved the budget. Not only was the budget for Education and Health sector hiked, the cash strapped MCD was also given adequate money to fix itself (I think this is the last chance for MCD).Read Ten Highlights From Aam Aadmi Party's First Delhi Budget3. Redesigning Delhi RoadsDelhi already has a huge road network and the width of the roads is also decent enough. Still it continues to battle with the traffic issues. To counter that, it has been decided that a better use of available road space would be done, instead of building new flyovers.1,260km of Delhi roads to be redesignedThe target is ZERO fatalities on the road as well.The BRTS was also scrapped, which was only adding to more chaos in the city and it is being planned from scratch now. AAP is focussing more on better design, rather than taking up a haphazard approach. The new BRTS is being planned at Rs 20-30 Crore per KM, against the older one which was built at Rs 50 Crore per KM.The height of the foothpath would also be reduced to 6 inches, when the current foothpaths are much higher. The plan is to add the cycle tracks as well, widen the footpaths and ensure that the public transport is given the priority.4. Bus MarshalsMuch has been talked about the women's security, or a lack of it in Delhi. An initiative to make at least the bus ride safe for women of the city is done by deploying bus marshals in DTC buses.Delhi government to deploy 4,000 marshals in city busesAlso, CCTV cameras have already been installed in 200 buses as of now and more buses would be covered as well in the future.5. Power from unconventional sourcesDelhi doesn't generate power and has to buy from other states. In order to counter this, the AAP government is taking initiative in few areas.Solar Power: There have been few developments in this area:AAP Government Plans to Install Solar Panel on Roofs of Bus Shelters: A target to generate 1000 MW from Bus Shelters in next 5 years has been set.Delhi: Discoms buy solar power from rooftop units: Not directly under the Delhi government, with Delhi government being a stakeholder at 49%, the DISCOMs are now going to buy solar power from rooftop units. The two BSES on Monday said they had already started net-metering at six locations in the city — four residential and one commercial building in south Delhi and a school in the east. It would save them Rs 3,000 to Rs 32,000 a month.Delhi Jal Board commissions first hydropower plant - Think about power being generated out of the effluent coming out of the sewage treatment plants! And it produces produce 20,000 kWh of electricity per year! That's how innovative this AAM government in Delhi is.“It is a pilot project which has been set up free-of-cost. We are also exploring the possibility of replication of this ‘Green Power Generation’ at other installations as well”Also, there are plans to create many garbage to electricity plants across Delhi, however a feasibility study is going on, if it should be done on a large scale.6. Toilet to Tap WaterNot that it is being done for the first time anywhere, however what the catch in this news is that the water to the Delhi Secretariat would now be supplied from the Toilet-To-Tap water treatment plans.CM Kejriwal drinks treated raw sewage water“Similar plants in every colony would do away with the need to have sewer pipelines and water pipelines to transport them to big plants. Water can be produced from raw sewage at the local level at small plants such as this”The plan is to build a large number of such small plants across the city, perhaps in every colony, so that there would not be any need to have sewer pipelines and water pipelines to transport them to big plants.The idea is very ambitious, however if it is implemented successfully, it can change the face of the city.7. Delhi to be the first e-StateCome 2016, and there won't be any paper work being done inside the Delhi Government ministries. The government has approved the e-office plan and it would be implemented by December. This would streamline the processes better, introduce transparency, remove corruption and expedite the processesDelhi to be first state to go paperless in all govt departments“Delhi will be the first state to implement e-office in all its departments. In the first phase, it will be implemented in 15 departments. Simultaneously, all other departments and their attached offices will also start necessary preparations for its implementation. In these 15 departments, there will be no physical movement of files from December 1,” an official said.Wait, there is more to it. Remember that every MLA (and MP) gets certain amount of funds for local area development? Do you know what happens to them? Most of us don't.All this information would be soon available online as well - Now monitor Delhi MLA projects onlineThe online application, hosted at Welcome to the MLALAD, has been developed by the 'Delhi e- Governance Society' and will be coordinated by the newly- formed body Delhi Urban Development Authority (DUDA)Also, now acquiring government certification for marriage, income, domicile, caste, nationality, birth and death will soon be replaced by a virtual experience on the e-district platform in Delhi - Govt papers now just a click awayMore on the e-State initiative, the Delhiites get e-locker for papersCitizens can now digitally store revenue department certificates as well as identification documents including Aadhaar, voter ID and driving licence. The portal is accessible on smartphone and a mobile app is also on the way. Users may upload documents and place digitally-signed certificates in the locker. Once a file is processed and certificate generated, the locker is the space where it goes to by default. The user can access his document through the unique password issued at the time of registrationOf course, all this would be very handy with the free WiFi coming up at various schools, colleges and 1000 select places soon, but that is already a given.Delhi would soon be the first state to fulfill the Indian dream of Digital India!8. EducationSchools, colleges, argh!! We all have been through the abysmal condition of the public schools in the country. I was lucky enough to study in a Central school, but it was not all that rosy as well. I remember seeing the roof of my school blown away after heavy rains and winds once. My wife still laughs her heart out listening to it.We don't want to send our kids to government schools. Municipality schools are a strict no-no for us. I don't have to mention that the government schools in much of Europe are awesome. However, I was surprised to know that even in case of USA, people prefer government schools than private schools.AAP, unlike all other parties, steeply hiked the education budget by 106%, as I mentioned above. Apart from that, there have been other developments as well:The Education department has decided that it will now monitor all nursery schools and playschools running on private land as well - Playschools on private land to be monitoredEducation dept has introduced skills training in high school. Besides Academic degree, student will pass out with skills degree47-50 new schools were planned to be built this fiscal year, however recently CM Arvind Kejriwal announced that the work for 236 schools have already startedNSIT has been upgraded to a university now - Cabinet approves varsity status for NSIT - The Times of IndiaCCTV cameras are being installed in the schools of Delhi. That would improve both discipline in the government schools and the quality of education as well - Install CCTV cameras, schools toldThere cannot be any illegal demands from the parents from the schools and the Delhi Government has been very strict on this - School donation: Parents get help to report illegal demand. Not just that, Action Against Delhi Schools if Parents Not Allowed MobilesEducation dept has introduced skills training in high school. Besides Academic degree, student will pass out with skills degree.AAP govt offers higher education loans to studentsThe scheme is being introduced to help students who wish to pursue higher education. A loan of up to Rs. 10 lakh will be given by the bank with the government as a guarantor. The student will get a gap year after completing his/her education, after which the repayment period of the loan has been earmarked at 15 years. The interest rate will be 2% in addition to the base rate offered by the bank. The scheme also has a mandatory insurance with a varying premium.In order to help the kids of construction workers with better education, the Delhi Government gave Rs 15 Crore to the Education ministry to help with the education of children of 26,451 registered construction labourers, who are studying in 266 schools of the city. Also a database of these kids is being prepared for the last fiscal. - Delhi Government Announces Increase in Aid for Construction WorkersI just couldn't stop myself when it came to education. There are many good initiatives to make education not only affordable but also of a better quality. Investing in our kids is supposedly the best investment indeed.9. Employment GenerationFor all the schemes, life is miserable if you don't have a job to do. There have been many initiatives by AAP government, which sadly other governments are not taking, to provide employment to the youth:Apart from the initial plan of backlog of 20k posts to be cleared by year-end, the Delhi government has been holding job summit as well - Delhi government to hold a large-scale job summit. After the job summit in the first two weeks of August, which gave jobs to 2000 people - 2000 people get offer letters, Delhi govt to organise 2nd job summit soon.However a true boost to employment generation can only come from private sector, and for that there have been many tax reliefs, plus a boost to women entrepreneurs - Kejriwal assures help to women entrepreneurs. Also, VAT procedures have been simplified - VAT made trader-friendly, tax form deadline extended.10. Fight against Drugs MenaceLet's face it. Only AAP MLAs have been the ones which have been mercilessly bashed for their fight agains the drug menace that has occupied many parts of Delhi. In 2014 it was Somnath Bharti, in 2015 it is Alka Lamba.Local friends tell me that drug peddlers have fled the Malviya Nagar area, and the fight against drugs by AAP carries on. They can be abused as drama-queens, but the truth is that they are sincere. Read Delhi, Drugs And Alka Lamba - Time To Defame AAP! to know more about the Alka Lamba case.11. Curbing PricesI thought of writing 5 points, then thought of writing 10, now this is the 11th one. I promise this is the last as of now.When the whole country was crying over the onions, the AAP government at Delhi was the only one which was able to first provide some relief, and then substantial relief by its sincere efforts.Although the initial 250 or so government outlets for onions were inadequate, later, by getting more onions, it was able to control the price of onion below 50 - Delhi govt starts mobile vans to ease onion prices.When the onion was cheap, the AAP government had bought in bulk (I think at Rs 19/-) and later it sold at a price of 30 via its 250 outlets. Hence the onion was not really subsidised as well.That's it for now! Phew ... I would add if anything new comes across.

This not Creative but i feel it is best thing i saw on Internet.I was scrolling my Facebook news feed and i found an open letter of IPS Officer Mr. Vishwas Nangare Patil for Akshay Kumar,Akshay Kumar went for inaugural ceremony of Maharashtra Youth Parliament Championship in Satara.Here is the Letter and some random pics.My dear Akshay,I am writing this personal letter to express my gratitude on behalf of Maharashtra police. Today you were kind to grace the occasion of finale inaugural ceremony of Maharashtra Youth Parliament Championship held at satara. You came with your own chopper and at your own expenses! You interacted with our lady cops, girls students from rural areas so intensely and positively. You talked on the subjects like menstruation, toilets and empowerment of women without keeping any hiccups or taboo. The whole hall was charged up due to your enthusiastic, charming and equally assuring empathic words with elegant body language. And Salute to you man, you could notice the torn shoes of the small school girls with whom you interacted on the stage holding their hands and wiping their tears. You told me to get their addresses so that you can render some help for their education. I know you would not like this sharing on social media. But let the whole world know and learn how to give something back to the society.It’s indeed very heartening to know a celebrity samaritan comes ahead voluntarily and sweetens diwali of the police families by sending cheque which gave supreme sacrifices by giving their sons for the country.You are incessantly trying to boost the confidence of personnel in uniform services. You work for the cause and not for applause. You not only canvass the positive and constructive causes but contribute with vision and passion to reach the planned ends. Your initiative ‘Bharat ke Veer’ through MHA, is one of such great examples. You could successfully motivate people to come forth and assist directly to the families of martyrs from central paramilitary forces. Your generous donation to the police hospital, Naigaon could bring basic amenities to the cancer patients from the police families coming from all parts of the country. Even you helped silently to hundreds of families of farmers who committed suicide in drought hit Marathwada region.You have tremendous impact on the youth today. They look at you as their role model. You always instilled spirit of patriotism and sacrifices in your roles in uniform and youngsters look at you at their role model. I am sure all these philanthropic commitments taken by you ll mould their attitude and mindset to look at uniform services in desired way. You have the inner urge, spirit and zeal to improve the image and lives of uniform services. I wish you all the best in all your future endeavours and bless all your dreams,Best regards,Your’s sincerelyVishwas Nangre Patil IPS