Shimmering Sands -- Bringing new light to the Gulf Coast
Mar 21 by The Law"The Gulf Opportunity Zone Act of 2005 (H.R. 4440 passed by Congress on Dec. 16, 2005, and signed by President Bush on Dec. 21, 2005) establishes tax incentives and bond provisions to rebuild the local and regional economies devastated by hurricanes Katrina and Rita. The act is commonly referred to as the "GO Zone Act."
While the entire state of Louisiana is part of the Hurricane Katrina Disaster Area, the provisions of the GO Zone Act apply only to a limited number of Louisiana parishes, defined as the "Core Disaster Area" and referred to as the "GO Zone." However, it is also important to note that the GO Zone reaches far beyond Plaquemines, Calcasieu, Orleans, Jefferson, St. Bernard and the other parishes most devastated by Katrina and Rita."
This act will benefit the landowners, developers and also help the new homeowner by offering specific tax incentives to those designated areas, Shimmering Sands in one such area where the coast was not badly scarred and was redeveloped as part of an extensive rebuilding process in the gulf coast. The local area offers a beautiful landscape on the gulf in a warm and friendly community. Shimmering Sands was developed in a strategic location to maximize the local amenities brought on by the beautiful gulf coast and the many 4 star resorts near by -- Resort style living in a friendly, relaxing community. New Alabama condos and new gulf shores condos are being developed to take advantage these special government incentives but none really compare to what Shimmering Sands has to offer -- with its proximity to the Gulf Shores, Arnold Palmer Golf Course and the Wharf resident attraction, these much to do to shake the stress away.
With real estate prices steadily rising, Shimmering Sands offers incredible values for homeowners who want an exciting coastal way of life.














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