Sussex Insurance Group Sep 1990 - Aug 2018
Vice President
Bright Energy Partners Sep 1990 - Aug 2018
President
Somercor 504, Inc. Jan 2012 - Jan 2017
Director
Energy Connection Nov 2010 - Dec 2016
Energy Consultant
Balcorp Pharma Limited 1989 - 1990
Investment Research Analyst
Education:
University of Wisconsin - Madison 1985 - 1989
Bachelors, Bachelor of Arts, Economics
Skills:
Investments Management Sales Strategic Planning Entrepreneurship Finance Business Development Insurance New Business Development Financial Analysis Energy Strategy Business Strategy Asset Management Marketing Equities Sales Management Financial Advisory Mergers and Acquisitions Budgets Real Estate Venture Capital Disability Insurance Asset Managment Loans Mergers Strategic Financial Planning Commodity Financial Planning Sales Process Financial Markets Estate Planning
Lou Weisbach - Highland Park IL, US Scott Heiman - Glencoe IL, US Jack Sommer - Las Vegas NV, US Richard Boxer - Milwaukee WI, US
International Classification:
G06F017/60
US Classification:
705026000
Abstract:
A method for the financing of new or replacement sports stadiums for professional sports or entertainment centers or the like is disclosed which finances such sports stadiums or entertainment centers through the sale of the exclusive interest in some or all of the individual seats in the sports stadium or entertainment center for the life of the sports stadium or entertainment center. A large number of the better seats in the newly constructed or renovated sports stadium or entertainment center are sold to buyers for the long term, with the buyer of each seat either agreeing to pay the equivalent of the current season ticket price for the seat each year for a predetermined period of time or alternately making a single payment. The sale of the seats and the resulting contractual obligations to make payments for a predetermined period of time are used to obtain a loan based upon the value of the payments over the thirty-year period, with the single payments and the funds from such loans being used to pay for the newly constructed or renovated sports stadium or entertainment center.
Method Of Financing A Sports Stadium Or Entertainment Center
Lou Weisbach - Highland Park IL, US Scott Heiman - Glencoe IL, US Jack Sommer - Las Vegas NV, US Richard Boxer - Milwaukee WI, US
International Classification:
G06Q 30/00
US Classification:
705026000
Abstract:
A method for generating funds which may be used for the financing of new or replacement or refurbished sports stadiums for professional sports or entertainment centers or the like or for any other purpose is disclosed which generates the funds through the sale of the exclusive interest in some or all of the individual seats in the sports stadium or entertainment center in perpetuity (as long as the team exists), for a predefined term, or for the life of the sports stadium or entertainment center. A large number of the better seats in the newly constructed or renovated sports stadium or entertainment center are sold to buyers for the long term, with the buyer of each seat either agreeing to pay the equivalent of the current season ticket price for the seat each year for a predetermined period of time or alternately making a single payment. In the case of facilities which are used for more than one sport or for special events in addition to a sport, the seat buyer receives the right to be admitted to the facility and to occupy one or more particular seats in the facility for all events associated with a single team or a particular series of events. The sale of the seats and the resulting contractual obligations to make payments for a predetermined period of time are used to obtain a loan based upon the value of the payments over the period of the payments, with the single payments and the funds from such loans being used to pay for the newly constructed or renovated sports stadium or entertainment center or for any other purpose.
Method Of Financing A Sports Stadium Or Entertainment Center
Lou Weisbach - Highland Park IL, US Scott Heiman - Glencoe IL, US Jack Sommer - Las Vegas NV, US Richard Boxer - Milwaukee WI, US
International Classification:
G06F017/60
US Classification:
705026000
Abstract:
A method for the financing of new or replacement sports stadiums for professional sports or entertainment centers or the like is disclosed which finances such sports stadiums or entertainment centers through the sale of the exclusive interest in some or all of the individual seats in the sports stadium or entertainment center for the life of the sports stadium or entertainment center. A large number of the better seats in the newly constructed or renovated sports stadium or entertainment center are sold to buyers for the long term, with the buyer of each seat agreeing to pay the equivalent of the current season ticket price for the seat each year for a predetermined period of time. The sale of the seats and the resulting thirty-year contractual obligations to make payments are used to obtain a loan based upon the value of the payments over the thirty-year period, with the funds from this loan being used to pay for the newly constructed or renovated sports stadium or entertainment center.
Name / Title
Company / Classification
Phones & Addresses
Scott Heiman President
Heiman Agri-Service, Inc Whol Farm Supplies
717 W Pne St, Butler, MO 64730 PO Box 129, Butler, MO 64730 660 679-3000, 660 679-5302
Scott Heiman M
Heiman Properties, LLC
1048 Saxony Dr, Highland Park, IL 60035 130 Maple Hl Rd, Glencoe, IL 60022