Press Release - Global (357 Words)

EAGLES NEST DEVELOPMENT Cortez, Colorado

Family Sports Complex Underway

Cortez, Colorado, - January 1, 2001--Eagles Nest Partnership, LLP is proud to announce the ground breaking of its FAMILY SPORTS COMPLEX. Located in Southwest Colorado, situated between Mesa Verde and Four Corners Monument, Cortez is the southwest gateway to Colorado.

Eagles Nest Development consists of forty-eight residential parcels, ranging in size from 3 to 7 acres, with many verified Indian ruins sites, located at Goodman Point, just miles outside the city of Cortez, Colorado. The development is on County Road 18, a few miles from Highway 666. Lots afford 360 degree unfettered spectacular mountain views during the daytime and breathtaking city lights in the evening. The entire development rests above 7,000 feet overlooking the Cortez, Dolores, Mancos valley. Each lot includes architectural and interior design services, as well as being computer DSL ready.

The Family Sports Complex will consist of a baseball diamond, tennis / basketball court and a Hogan Fitness and Heath Center, currently in design. Parents will be able to exercise while watching their children play. The baseball diamond will be sod in the Spring 2001. It will be used for baseball, soccer and softball.

The residential lots surround an 18-hole par 3 links golf course. The front nine has already been roughed in. Seeding and sodding is planned for Spring of 2001. Play on the course will be limited to invited residents and guests of Eagles Nest Development.

Complete information about Eagles Nest Development, including pricing for all lots Phases I through V, and the Covenants, Conditions and Restrictions are available on our web page at www.eaglesnestdev.com.

The property is listed locally with Remax Mesa Verde Realty, Joyce Lipari and Kenneth Williamson, realtor@eaglesnestdev.com.

The Internet Director for Eagles Nest Partnership, LLP. is Michael Doane, Webbadd, of Bakersfiled, California, internetdirector@eaglesnestdev.com.

Eagles Nest Partnership, LLP may be contacted at:

Phone 970/564-1044 Facsimile 970/564-1267 Email jeteagle@iwon.com Address: 13001 County Road 18 Post Office Box 1563 Cortez, Colorado 81321