<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-Mos
<FISCAL-YEAR-END> JUN-30-2001
<PERIOD-END> SEP-30-2000
<CASH> 1,143,723
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 2,160,283
<PP&E> 74,142,296
<DEPRECIATION> 68,533
<TOTAL-ASSETS> 77,838,111
<CURRENT-LIABILITIES> 2,950,704
<BONDS> 66,367,616
0
4,000
<COMMON> 17,012
<OTHER-SE> 8,331,402
<TOTAL-LIABILITY-AND-EQUITY> 77,838,111
<SALES> 9,033,085
<TOTAL-REVENUES> 9,061,668
<CGS> 8,481,256
<TOTAL-COSTS> 8,822,291
<OTHER-EXPENSES> 341,035
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 239,377
<INCOME-TAX> 72,000
<INCOME-CONTINUING> 167,377
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 167,377
<EPS-BASIC> 0
<EPS-DILUTED> 0
</TABLE>