As part of our commitment to enhancing the club, we plan to invest $3,000,000 in capital improvements and repairs, with $750,000 already spent or approved. At the last Board of Governors meeting, we received feedback from some members who believe that the capital improvements were being funded through the club's normal revenues. We would like to clarify that the $3,000,000 investment is separate from our current operational losses, and it is aimed at securing the club's future and ensuring continued improvements.
We have engaged a contractor with deep commercial experience and excellent recommendations to execute the next phases of the project at the main clubhouse. They will replace all areas of the shingled roof, except for the flat areas with a rubberized membrane or metal deck that are deemed to be in good shape. They will also replace all gutters and downspouts and repair the rotted sections of the fascia, crown, and cornice as they go, with a fresh coat of paint. Weather permitting, we anticipate that this work will commence on or about May 15 and take approximately 3-4 weeks to complete.
The contractor is also finalizing their quotes and bids on several other items, such as repairing or replacing all other rotted wood, replacing selected wood doors, and overlaying the two rear stairs with a permanent metal tread and new riser facings. If the quotes are suitable, we anticipate releasing these items in early June and proceeding throughout the summer. Additionally, we are looking into the feasibility of adding both Women's and Men's restrooms in the area to the right of the entry before you go into the ballroom from the main lobby.
We are pleased to announce that the Pickleball court conversion is now complete and open for play, and the final complete topcoat of the entire parking lot and all new striping will commence the week of May 29, weather permitting. For all updates on the improvements, please visit our website at https://eagleslandingcc.com/capital-improvements.
Finally, by the end of May, we anticipate completion of the design work for enhancements to the Ballroom finishes and furniture. We appreciate your patience and support as we work to improve your club.
Thank you for being a valued member of Eagles Landing, and please don't forget to invite your friends to join us at https://eagleslandingcc.com/invitation.
Sincerely,
Derron Deraney
