Clubhouse Tuesday - Sunday 6am - 9pm Oak Room Tuesday - Sunday 11am - 9pm Sunday Brunch 10am - 2pm The Grille Tuesday - Sunday 7am - 9pm
Golf Course Tuesday - Sunday 7am - 7pm Tennis & Pickleball Monday - Sunday 6am - 10pm Tennis Pool & Gym Mondays 5am - 3pm Tuesday - Sunday 5am - 9pm
Oaks Snack Bar Tuesday - Sunday 7:30am - 2:30pm
Grand Island Pool & Gym Mondays 5am - 3pm Tuesday - Sunday 5am - 9pm Grand Island Snack Bar Friday - Sunday 9am - 4pm
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(President's Message continued)
A: The Governors will work with the Club’s CFO to determine the best mix of funding sources to pay for the Grille expansion. Sources in addition to the member assessment include the capital reserve fund, debt, initia- tion fees, and free cash flow from operations. The Club will balance the Grille expenditures with other projects for 2024. The Club is in an excellent financial position with over two million dollars of cash in retained earnings. Q5: How long will the $20.00 dollar a month assessment for the Grille be assessed? A: The assessment will continue until the Grille is paid off. It is estimated at this time that the Grille will be paid off in around three years after the start of construction. Q6: Will there be further increases in assessments to pay for the Grille? A: There are no further assessments specific to the Grille planned.
Q7: Why has there not been a slide show or pictures of the project distributed to the membership? A: The elements of the project’s composition could change, based on the bids and/or comments from the City Building Department. The Board is waiting until the full details of the project are ascertained via the bidding process. After that, and approval of the project by the Board of Governors, pictures of the project will be released to the membership. I thank everyone for their patience, as I know there are a lot of questions and excitement surrounding this project. I leave the President’s office very optimistic regarding our great Club’s future. I look forward to watching as other volunteer members take their positions on the Board and accomplish great things.
I hope to see you around the Club.
2 | The Seven Oaks Scene
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