GHS Govans Construction Inc. Benefit Corp.

GHS GOVANS CONSTRUCTION B CORP DECLARATION OF INTERDEPENDENCE We envision a global economy that uses business as a force for good. This economy is comprised of a new type of corporation - the B Corporation -Which is purpose-driven and creates benefit for all stakeholders, not just shareholders. As B Corporations and leaders of this emerging economy, we believe: That we must be the change we seek in the world. That all business ought to be conducted as if people and place mattered. That, through their products, practices, and profits, businesses should aspire to do no harm and benefit all. To do so requires that we act with the understanding that we are dependent upon another and thus responsible for each other and future generations.

GHS Govans Construction Affordable Housing Development January 4, 2019 at 12:13 pm
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The Fresno Transformative Climate Communities Collaborative was a participatory process to identify how to spend $70 million of state cap-and-trade dollars set aside for the City of Fresno. A public agency, Community Based Organization, Public Benefit Corporation is a required applicant for funds, and applicants must have experience overseeing and managing large infrastructure projects, including both financial and management capacity.

GHS GOVANS CONSTRUCTION B CORP DECLARATION OF INTERDEPENDENCE

We envision a global economy that uses business as a force for good. This economy is comprised of a new type of corporation – the B Corporation -Which is purpose-driven and creates benefit for all stakeholders, not just shareholders. As B Corporations and leaders of this emerging economy, we believe: That we must be the change we seek in the world. That all business ought to be conducted as if people and place mattered. That, through their products, practices, and profits, businesses should aspire to do no harm and benefit all. To do so requires that we act with the understanding that we are dependent upon another and thus responsible for each other and future generations.

The purpose of GHS Govan’s Construction Benefit Corporation is to engage in any lawful act or activity for which corporation’s may be organized under the General Corporation Law of California other than the banking business, the trust company business, or the practice of a profession permitted to be incorporated by the California Corporations Code.

Notwithstanding the foregoing, the purpose of this Benefit Corporation shall be to create a general public benefit including, but not limited to, the specific public benefit of revitalizing the areas in which we are located, typically low-income, underserved neighborhoods that have experienced significant disinvestment.

Development of affordable housing. Providing community services that meet local needs such as education, job training, healthcare, commercial development, and other social programs.

Subsector focus is providing prevailing wage union jobs. Apprenticeship training and Journey level re-training to the following UBC crafts: Northern California Carpenters Union and International Operating Engineers.

The general and specific public benefits created by this Benefit Corporation shall be deemed to be in the best interests of the Benefit Corporation.

This B-Corp Offering Memorandum (“BCOM”), including the cover page and all exhibits attached hereto, is being furnished by GHS Govan’s Construction, a California Corporation (the “Company,” as well as references to “we,” “us,” or “our”), to prospective investors for the sole purpose of providing certain information about a potential investment in Series A  Common Shares (“SACS”) and Series B Preferred Shares (“SBPS”) of the Company (the “Securities”). Purchasers of Securities are sometimes referred to herein as “Purchasers.” The Company intends to raise at least $5,000,000 and up to $ 20,000,000 from Purchasers in the offering of Securities described in this POM and Form D (this “Offering”). The minimum amount of securities that can be purchased is 100,000 shares or $1,000 per Purchaser (which may be waived by the Company, in its sole and absolute discretion). The offer made hereby is subject to modification, prior sale, and withdrawal at any time.

The rights and obligations of the holders of Securities of the Company are set forth below in the section entitled “The Offering and the Securities”. In order to purchase Securities, a prospective investor must complete and execute a Subscription Agreement. Purchases or “Subscriptions” may be accepted or rejected by the Company, in its sole and absolute discretion. The Company has the right to cancel or rescind its offer to sell the Securities at any time and for any reason.

You are invited to join our company ground floor (“SAFE”) Agreement (“Simple Agreement For Equity”) as a stakeholder. GHS Construction Union Company filed Regulation D 506 (c) with the “SEC” Security Exchange Commission April 6, 2018 to raise capital for public works projects and increase our bonding and financial capacity to 20 million aggregate. Furthermore we plan to offer employee stock option plan (“ESOP”) and will commit 2% of our private equity construction fund to promoters / estimators as collaborators/stakeholders as a profit sharing compensation package to our partners assisting us in acquiring investors, vetting experienced estimators and securing Public Works Contracts, RFP’s and Maintenance Contracts.

GHS Form D filings

CIK No. 0001701712

SEC File No. 021-309516

https://www.sec.gov/Archives/edgar/data/1701712/000170171218000002/xslFormDX01/primary_doc.xml

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In the United States, to be considered an accredited investor, one must have a net worth of at least $1,000,000, excluding the value of one's primary residence, or have income at least $200,000 each year for the last two years (or $300,000 combined income if married) and have the expectation to make the same amount this year. The term "accredited investor" is defined in Rule 501 of Regulation D of the U.S. Securities and Exchange Commission (SEC) Dismiss