Moon River Studios Announces Issuance of Land Disturbance Bond and Permit

Staff Report From Savannah CEO

Wednesday, September 2nd, 2015

FONU2, Inc. announced today the next milestones towards the construction of its Moon River Studios, 1560 acre film production facility in Effingham County have been realized. Moon River Studios has received its land disturbance bond and permit to begin construction of the roads, waterlines and related infrastructure. These were the final remaining prerequisites to the execution of the contract award and the initiation of construction. 

The Company expects physical construction to begin later this month, and will provide additional information once this date is confirmed. Since the acquisition of the lease in February of this year, Moon River Studios has completed the following milestones:

Survey for Water Line 

April 2,  2015

Updated Master Plan (submission) 

April 13, 2015

Survey for Spine Road 

April 15, 2015

Engineering Design for Water Line (submission)

April 16, 2015

Topo Survey for Studio Site (57 + acres) 

May 13, 2015

Septic System Drain Field Survey (3+ acres) 

June 1, 2015

Septic System Soil Investigation 

June 14, 2015  

Engineering Design for Spine Road (submission)

June 15, 2015

Revised Master Plan (submission) 

July 8, 2015  

Further Revised Master Plan (submission) 

July 14, 2015

County Commission Approval of Master Plan

July 21, 2015

Initial Permit Approval and Completion of Bidding and Contract Award

August 18, 2015

Land Disturbance Permit and Bond issued 

August  28, 2015