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 1st 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 9th

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

Review of Concepts

Golf Course Renovation

Project Summary

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)

www.ksgolfdesign.com

Thank you for your time See you at the Grand Re-opening

in the fall of 2015

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 2nd or 3rd 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