Financial Plan

The Board understands that we as members are being asked to make a meaningful financial commitment to Our Club!  In the same spirit, we appreciate this incredibly unique opportunity with generous members who are prepared to approximately match the assessment raised. Anonymous member contributors have pledged to fund about 50% of the cost of Phase 1. 

This level of generosity is very unique to our club and is unlikely to reoccur in the future.  It is also important to note that there is a cost to all of us by not moving forward with the project.  Just like the pool and dining project of 2020, this project will energize new membership, new and higher initiation fees, and incremental additional dues. 

Such growth in membership will help us fund the much-needed deferred maintenance requirement identified in our recent capital asset study.  Most importantly, by moving forward with this project, all Club debt will be eliminated and all principal and interest payments will be redistributed to improve our assets and our member experience.