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ArrowCreek 2006 State of the Club

This document outlines the state of ArrowCreek Country Club in 2006, including the role of the advisory board, budget goals, membership dues, food and beverage minimums, revenue generation strategies, and membership initiation fees.

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ArrowCreek 2006 State of the Club

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  1. ArrowCreek 2006 State of the Club ArrowCreek Country Club

  2. Rich Birnbaum – Vice Chair David Loeb – Secretary Norm Reeder – Equity Committee Chair Kevin Hall – Greens Committee Chair Barbara Birnbaum – House Committee Chair Nancy Huber – Membership Committee Chair Jamie Hanson – Ladies Club President Quin Rescigno – Men’s Club President Advisory Board ArrowCreek Country Club

  3. Advisory Board • Dana DeSarle – At-Large • Manny Martinez – At-Large • Julianne Foster – At-Large • Glenn Libbrecht – At-Large • Jim McDaniels – At-Large • Brett Winthrop – At-Large ArrowCreek Country Club

  4. ROLE OF THE ADVISORY BOARD • To assist the ownership in determining the objectives, goals and interests of the Club. • Act as a liaison between membership and ownership. • Represents the interests of all members as a group in making recommendations to ownership. ArrowCreek Country Club

  5. ROLE OF THE ADVISORY BOARD • Respond to requests by ownership or members by reviewing all relevant facts and making recommendations in the best interest of the membership, ownership and club. ArrowCreek Country Club

  6. Owner Request Operate the facility with the goal of reducing the annual operating loss while maintaining current service levels ArrowCreek Country Club

  7. The budgeted operating loss for 2006 is $1.8 million (not including membership deposits or debt service) ArrowCreek Country Club

  8. Supported by Board • Increase in member dues • Increase food & beverage minimums • Initiate incremental daily fee rounds on the Legend Golf Course • Establish a regionally competitive membership initiation for membership ArrowCreek Country Club

  9. Member Dues April 1, 2006 Family $395 to $425 National & Junior Dues $296.25 to $318.75 Individual $385 to $415 ArrowCreek Country Club

  10. Somersett (Clubhouse under construction) $280 Hidden Valley $398 Thunder Canyon $400 Montreux (Includes Fitness) $718 ArrowCreek $425 Dues Comparison 2006 ArrowCreek Country Club

  11. FOOD & BEVERAGE MINIMUM April 1, 2006 Food & Beverage Quarterly Minimum $150 to $225 ($50 / month to $75 / month) ArrowCreek Country Club

  12. Montreux $250 per qtr Hidden Valley $300 per qtr Thunder Canyon (Open to Public) Somersett (Clubhouse under construction) ArrowCreek $225 per qtr F&B MINIMUM COMPARISON ArrowCreek Country Club

  13. Achieve Greater Revenue by allowing outside guest play on the Legend Golf Course ArrowCreek Country Club

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  16. Non – Member Tee Time Availability Effective April 1st , 2006 Monday – Thursday Two hours after first tee time Friday – Sunday Three hours after first tee time ArrowCreek Country Club

  17. AVERAGE ROUNDS PER DAY - LEGEND ArrowCreek Country Club

  18. Revenue To Generate the same amount of Additional Revenue • Incremental, non-member play averaging 45 rounds per day from April – October (9,300 total incremental rounds) OR • Dues increase of $163 per month ArrowCreek Country Club

  19. Privacy • Non-members will register for play in non-member golf shop located in cart building • Non-members will NOT have access to the members’ clubhouse ArrowCreek Country Club

  20. DRIVING RANGE & PRACTICE FACILITY • Golf Shop Staff will monitor Driving Range • Designated member and non-member practice areas on the range ArrowCreek Country Club

  21. LOCKER RENTALS Private Locker $150.00 Annual Fee Billed every April Includes shoe care 2nd Locker $100.00 Annual Fee Billed every April ArrowCreek Country Club

  22. BAG STORAGE Bag Storage $150.00 Annual Fee Billed every April Each Additional Bag $100.00 Annual Fee Billed every April ArrowCreek Country Club

  23. 2005 Rates Individual Cart Rental $750 Family Cart Rental $1250 Individual Trail Fee $750 Family Trail Fee $1050 2006 Rates Individual Cart Rental $650 Family Cart Rental $1000 Individual Trail Fee $500 Family Trail Fee $750 CART & TRAIL FEESBilled Every April ArrowCreek Country Club

  24. The Objective of ArrowCreek Country Club is to increase the current membership level to the point at which the monthly dues revenue is sufficient enough to operate the Club without the need for non-member play ArrowCreek Country Club

  25. Membership Sales In an effort to continue the momentum of the 44 new members resulting from the Ambassador Program, the club has adopted the following Membership Initiation Fees ArrowCreek Country Club

  26. 2006 Membership Prices • $30,000.00 Equity Golf Membership (50% refundable based on the prevailing membership initiation price.) • $20,000 Junior/National Membership (50% refundable based on the prevailing membership initiation price.) ArrowCreek Country Club

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