CLUB BUILDING PROJECT APRIL 2019

Q & A

IS THE CLUBHOUSE RENOVATION PLAN AS SEEN ON THE VIDEO AND ON THE BOARDS THE FINAL PLAN? No. These are conceptual plans and are subject to change. There will be a series of focus groups in the fall, so that members will have input in the design and decorating plan before the plans are finalized by the Architect and Decorator.

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WHY DO THIS PROJECT NOW?

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The project needs to be done now for the following reasons: We have been the premier residential country club in South Florida. We are now the last of the major clubs in the area to embark on a project to renovate and modernize itsClubhouse. The following clubs have completed or are undergoing major renovations: Ibis, St. Andrews, Addison Reserve, Frenchman’s Reserve, Mirasol, Admiral’s Cove, Ballenisle, and Mizner. Completion of this project is necessary for us to remain competitive in the marketplace. The Realtors in our area have consistently told us, while they may have different opinions on what the best project would be, we must come to a prompt conclusion and move forward. They believe the uncertainly of the direction in which we are going is causing the loss of sales in our community. We have obtained very favorable financing terms from Wells Fargo. There is no guarantee that this same financing package will be available next year. We recognize that there is a difference of opinion in our membership as to what the new clubhouse should look like. Waiting 6 months will not change the fact that there will still be a difference of opinion. The Board has spent 18 months reviewing plans and obtaining input from members and others in order to exercise its fiduciary duty to present a reasonable plan at a reasonable cost. Every member of the Board has endorsed this plan.

18 Frenchman’s Creek Beach & Country Club