Town Hall Meeting April 1, 2015 Agenda Introduction Bob Teschke - PowerPoint PPT Presentation

Welcome Vanderbilt Country Club Town Hall Meeting April 1, 2015

Agenda  Introduction – Bob Teschke  Financial Update – Paul Giacobbe  Cable Update – Paul Frederick  Golf Course Renovation – Jerry Petrarca & Kipp Schulties  Miscellaneous Thoughts – Bob Teschke  Q&A

Financial Update Paul Giacobbe

VANDERBILT FINANCES

2014 NET PROFIT

Sales through March 17, 2015 Sales Budget Variance F&B $531,302 $457,139 $74,163 Golf 457,031 464,429 7,398 Other 27,070 32,209 5,139 Total $1,015,403 $953,777 $61,626

THE VCC PIGGY BANK Operating Cash $900,421 Asset Replacement Reserve 2,349,551 Original & Resale Capital Cash 523,178 FMP Project Cash 420,089 TOTAL CASH $4,193,238

2014 Operational Audit Results

Cable Update Paul Frederick

Bulk Cable Committee Members:  Paul Frederick  Ronald Khachadoorian Staff:  Jonathan Beers  Cindy Gray

13 Month Study……….. Concluded in 1 st month we Needed

Priorities #1 - Service #2 - Technology

Cable Providers Interviewed  Century Link  Summit Broadband  Litestream  Hotwire  Comcast (Incumbent)

Current Hotwire Customers SW Florida  Ibis Cove Club  Madrid Club North Star Yacht Club (FM)  Martinique Club The Oasis Condos (FM)  Old Cypress Punta Rosa Condos (FM)  Tiburon Estates Mirage Bay (FM)  The Billows  Venetian Cove  Village Walk  Quail Creek

Hotwire Service Offerings  Dedicated Field Technician  Dedicated On-Site Customer Service Rep.  Dedicated Account Manager  Contractually Bound Service Parameters

WANT TO KNOW MORE? Sign up for Educational Seminars! Where: Vanderbilt Clubhouse When: Thursday, April 9 th Three Sessions: 11:00am, 1:30pm & 3:30pm

Golf Course Renovation Jerry Petrarca & Kipp Schulties

Thank You Stuart! Considering the poor shape of the greens’ subterranean layers you did a great job keeping them together!

Renovation Committee Members  Jim Farley, Chairman  Rosie Connors  Nadine Cornett  Marty Feeney  Gary Guyton Jerry Petrarca, Board Liaison  Dave McKay  Alan Rowold  Pat Stapleton  Tom Terlesky

Kipp Shulties Kipp Schulties Golf Course Design, Inc.  Excellent Architect  Great to work with  Very good person

Golf Course Renovation Project Summary Review of Concepts April 1, 2015

Project Team Kipp Schulties: Golf Course Architect Mike Pignato: Irrigation Design General Contractor: John Deere / ShowTurf Mark Burrows: Agronomic Consulting

Rock Wall Samples BallenIsles # 13 (above) High Ridge # 15 (right)

Hole # 5

Vanderbilt Renovation Project Calendar l Grass Eradication: March and April 2015 l Construction: April 6 through August 1 l Grow - In: June 15 to October 31 l Grand Re-opening: November 1, 2015 Project Budget: 2.5 million (includes 2.5% Contingency)

Thank you for your time See you at the Grand Re-opening in the fall of 2015 www.ksgolfdesign.com

Miscellaneous Thoughts Bob Teschke

Food & Beverage Update  Summer Challenges  Summer Specials

Summer Specials  “Your Golf Score is the Price of Your Draft Beer” ~ bring your scorecard in “same day” we are open!  “Extended Happy Hour” ~ Monday thru Sunday! From 3:00 to 7:00 pm ~ For the Month of April  “Sundae’s On Wednesdays” ~ Complimentary Ice Cream Sundae with Dinner on Wednesday evenings!

Summer Specials (Starting in May)  “Wine & Dine For $39” (NEW ~ Option to Upgrade to a 2 nd or 3 rd Tier Bottle of Wine from Special Wine List!) Every Wednesday & Friday Night  Friday is also “STEAK OUT” Night ~ enjoy Chef’s Special Cut of Steak or Roasted Prime Rib!  “Happy Hour ~ Every Day/Every Hour!” ~ whenever we are open for Lunch or Dinner…AND in Between!

Member Survey Changes

Final Thoughts

Enjoy Our Great Club! • Respect each other • Live together in harmony • It’s all about our Attitude

Q&A