DRAFT - Update on Facilities Brochure_3_23_22v3

NEW CLUBHOUSE UPDATE • The current plan is to have our existing clubhouse completely empty by June 30, 2022. • The Sports Bar will close sometime in early June. • The schematic design phase for the new clubhouse has been completed. • The design development architectural plans are expected to be completed by early May. • Proctor (our pre-construction advisor) will then take 6 weeks to give us an estimated price based on the design development plans. • Demolition of the clubhouse is expected to begin sometime in July in order to be mostly completed before next season starts. • The completion of full construction documents, the choosing of our General Contractor and the signing of aGMP contract is expected to be completed inOctober or November of this year. • At this point we are still projecting a December 2024 completion. Questions and Comments? Please write to: FacilitiesUpdate@FrenchmansCreek.com