Article: CEI Investment and Shaw Infrastructure --dba Patrick Family Housing LLC-- Will Continue as Developer for Patrick Air Force Base Family Housing Privatization.

Business Editors

SATELLITE BEACH, Fla.--(BUSINESS WIRE)--Sept. 11, 2003

Patrick Family Housing To Sell Non Air Force Property

in Pelican Coast to Phoenix Community Developers, Inc.

in Settlement of Contract Protest

Patrick Family Housing LLC, comprised of CEI Investment Corp. and Shaw Infrastructure Inc., moves forward as developer selected for a $150 million, 50-year contract for development and maintenance of 552 new military family homes for Patrick Air Force Base under the 1996 Defense Authorization Act. The new homes will be part of the 300-acre off-base master-planned community, located within footsteps of Florida's ...

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