Preparing for Another 100 Years!

Preparing for Another 100 Years! Frequently Asked Questions

Why do we need to make these improvements now? Sometimes the answer is answered with another question…“If not now, when?” The momentum at Cape Girardeau Country Club is off the charts positive. Recent membership growth has been a very positive step for our Club, but years of stagnant and declining membership along with charging little to no initiation fees has led to significant deferred maintenance and improvements. Our membership position is at an all-time high which has put us in a position of strength and if we don’t address these issues now, we will severely put our club at risk by doing nothing. Our ability to continue to attract new members will depend on our ability to keep our club relevant and attractive to those in and around our community. Prioritizing continuous improvements/maintenance to our golf course, clubhouse and various amenities is critical to the long-term success of our club. How did the Board determine the projects included in this plan? The Board and various committees have devoted countless hours to evaluating both the near term and long-term needs of the club. The improvements/repairs and replacements selected were prioritized based on several criteria: • Immediate Term (Obligatory/Critical Priority) Projects that if left untouched, would drastically impact club operations with negative financial outcomes and overall member satisfaction levels. • Near Term (Aspirational) Projects will prepare our Club to grow and prosper in order to provide a private club experience that will continue to meet and exceed the expectations of current members, and future members who are demanding more from there private club experience. What is the risk if we do not move forward with this plan at this time? Th ere is enormous risk to the club if we do not fund the “obligatory” capital projects we have identified. We feel that doing nothing now, will only compound the issues and result in ever increasing costs to improve/repair and replace those projects in the future. Just as with deferred maintenance with your home, we would prefer to address these issues now, before they turn into something bigger down the line.