RenovationPROJECT_FINAL

PRESIDENT LETTER FROM THE

Dear Member,

I am pleased to present this brochure to the Membership. Its purpose is to assist you in making a fully informed comparison between a new clubhouse and a substantially renovated one, based on facts rather than partial or incorrect information or hearsay. I truly hope that Members will study the proposals for each plan and make their own decision. This is why I have stressed during this process that we want the decision to be based on an “apples to apples” comparison of two worthy plans, not a competition. The Board and Oversight Committee have worked diligently to achieve this goal. We will also offer a third option: do nothing but essential repairs and upgrades to keep the Clubhouse functioning. The brochure not only contains the floor plan design elements of each choice, but also the financial aspects including: In addition, the brochure provides a copy and explanation of the Long-Term Projects Plan, which contain the projects determined as necessary to meet our future needs over the next decade. Included are estimated costs, timing, sources of funding and possible assessments. Again, we hope that you will carefully review the options and select the one with which you are most comfortable. Any remaining questions you may have can be addressed at the Town Hall Meeting, Thursday, February 4, 2021, 2:30 P.M. and Friday, February 5, 2021, 2:30 P.M., which will be conducted after you have had time to review the brochure. Whichever one you select, I am confident that Frenchman’s Creek will continue to be that special place that we choose to live in. 1. 2. 3. The total project cost. The amount of debt. The monthly payment that will be required.

Sincerely,

Norman Barham, President

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