The study led to a substantial redesign of the commercial facility, which should result in a significant increase of capacity 200 to 300 additional trucks per day. The Center will address issues arising from this question during a seminar to be held in Phoenix and Tucson this month. Amy Mignella, the Center s environment project coordinator and author of the study, will conduct the seminar. She will discuss chemical emergency capabilities and constraints along the border. The seminar will be presented in cooperation with the World Trade Center Arizona, the Arizona-Mexico Commission and the Arizona Department of Commerce.
Registration is free of charge.
Center seeks support for real estate securitization project The Center recently submitted to Arizona and Sonora s governors its project to facilitate the securitization of real estate mortgage assets in Mexico and the sale of these assets in Arizona or in other U.S. dollar markets. The project will provide greater certainty for tourist and commercial land acquisition, encourage local and national groups of investors and developers to participate in building or developing housing projects in Sonora, help revive the construction and tourism industries of Sonora, and stimulate exports of Arizona construction materials, supplies and consulting services to Mexico. The assets contemplated by the Center s project include income streams derived from the dollar payments of real estate mortgages or deeds of trust by buyers of tourist properties. The property titles would be insured in dollars, and the debtors would have to qualify as credit worthy by the standards of U.S. mortgage companies and credit rating agencies. The Center s project will also focus on real estate mortgage payments by workers in large factories.