Board Book 2023

Mr. Costello asked if there was interest in an overseas golf trip next year. He commented on the on-going talks with the PGA. Les Harper has been doing a great job with this. We are discussing hosting a 2026 KPMG Women’s PGA Championship and a 2032 PGA Championship. They would also like us to host a PGA Works Tournament. This is a 3-day tournament that requires 2 courses and a weekend. They are asking the local government to support the tournaments with a monetary donation. This may be a sticking point. We hope to have this wrapped up by the Fall. Please keep this information confidential. Mr. Costello then mentioned that Inwood Country Club is having their Centennial celebration this year. Bobby Jones won his first major there, the 1923 U.S. Open. The celebration is on July 15 and members of our Board have been invited to participate. Mr. Barfield is also organizing an interclub tournament with Inwood: one at Inwood in August and one here in October. Send Kevin and Bruce an email if you wish to participate. Mr. Costello will be going to Royal Ottawa Golf Club on June 21 to meet the family of Alexa Stirling. He asked if the Board meeting could be moved back to June 22. The board agreed to move the meeting back to June 22. He also reiterated that the Board present a unified front on decisions made and the response to the membership should be “the board has decided.” It is important that board discussions stay confidential, and once an outcome is decided, it becomes a board decision. Mr. Costello then brought up the topic of tee time intervals. There has been a lot of feedback from the membership about going to 10-minute intervals to improve access to the courses. Tony and Bud provided some data about members and rounds played. Basically, 29% of the membership plays 75% of the total rounds played. So thirty percent of the membership is driving the volume of play. Those who do not play a lot are able to get tee times if they enter the lottery. The Duffers and Past President groups favor the 10-minute tee times. Since COVID, the courses are getting a lot more play and it is showing with many divots. Lukus does not want more rounds. We are currently budgeted for 68,000 rounds. We may be able to go to 10-minute tee times in the summer when the grasses are growing, and then revert to 15-minute intervals when they are dormant to stay within the 68,000 round budget. It was decided that more analysis is needed. Cherokee has 10 minute intervals and Capital City has 12 minute intervals. III. GM/COO Report – David Sheppard: David Sheppard said that operations are doing well, but we need more culinary team members. We have many applicants, but they don’t show up for interviews. Chef hired three of the four that he recently interviewed. We are close to hiring a new CHRO. The Seafood Spectacular/Luau was a great event, but only 180 attended and we hoped for 250. Devlin Wilke-Page has been a good hire, but we are losing Natalie Connor and Daniela Herdle. Corners Outreach will help us find another restaurant manager. D’Andrei Coakley and Rachel Berry were our Team Members of the Quarter. Jonathan and Collin are getting the pool ready for opening and hiring lifeguards. David has narrowed the CFO search down to 2 candidates.

He then reviewed the KPI data trends compared to last year at this time. We had 51% of revenue