CBP_11_09_21_v15

PRESIDENT LETTER FROM THE

Dear Fellow Members,

On November 9, 2021 the Frenchman’s Creek Board of Governors unanimously approved presenting this New Clubhouse plan to the Membership for a vote. We are hoping that this plan will be attractive to a great majority of our community. The plan combines all the benefits of a state-of-the-art new building with a gracious 2nd floor entrance, in a building that combines both classic and contemporary design. The New Clubhouse design provides us with all the dining facilities that we currently have but with easy access to and expansive views from each venue. The building will have a similar number of total seats but with more of the seats outdoors under beautiful clerestory glass cupolas. It will have a state- of-the-art HVAC system. We will also have the ability to incorporate more energy efficient building technologies, including solar panels, which will lower our carbon footprint and our operating costs. There is a lot of enthusiasm about this plan, and we are hoping you agree. Please review the booklet carefully. There are some beautiful exterior and interior renderings, giving us all a sense of the building’s appearance. If the Membership approves this plan on December 3, 2021, Peacock + Lewis will begin their Design Development work immediately. During that process there will be some adjustments to these plans for design, code or operational reasons... a wall moved here, or a stair shifted there. But the building will be built primarily as you see in the booklet. If the plan is approved, we expect to close the loan with Truist quickly and hedge the interest rates for the life of the loan. Hopefully, everything will move forward with the plan as described so we will all be out of the tent and trailers and into this beautiful building by the end of 2024. We will be having a Town Hall meeting on Friday November 19, 2021 at 2:00 PM at the Oceanview Methodist Church. You may attend in person or by zoom. If you have any questions, please send them to ClubhouseQuestions@Frenchmanscreek.com or to President@Frenchmanscreek.com.

I look forward to discussing this with you, Best,

Diane Exter President

4