Board of Directors Approved 05/04/06
Minutes
April 6, 2006

Present: Young, King, Williams, Fisher, Machado, Passalacqua, Hon. James F. Moelk (ret), Capozzo, Sottana
Excused: Hotaling, Curtola, Hakenen, Sullivan

Minutes of March 7, 2006
The Hon. James F. Moelk, motioned to approve, Williams seconded. The motion carried.

Treasurer's Report
Accepted

Membership Sales & Notations
Prospective Members:
Michael & Holly Mattice Jonathon & Eileen Emerson,
Joseph & Stacey McNeill Frank & Tiffanie Addiego.

Williams motioned to approve, Fisher seconded. The motion carried. The Board took note of three Notice To Sell forms, and four reductions in the selling price of memberships.

Committee Reports
Green: The committee has been working with Damian Pascuzzo of Trans Pacific Golf, Inc. and Elon Golf Construction to obtain costs and plans for #17 green and #18 tee.

The committee presented a report to the Board of Directors with individual estimated costs for:
- Replacement of #17 green.
- Construction of #18 tee.
To be cost effective, the committee would like to work on #17 and #18 at the same time. Fisher motioned to include #18 tee in the storm damage project as shown in the outline of the Green Committee proposal with a total cost for both projects of $210,338. Williams seconded, the motion carried..

To pay for the costs of the storm damage project, Passalacqua motioned for a dues increase of $58.00 per month to be paid by Proprietary members over an eight month period as recommended by the Finance Committee. Fisher seconded, the motion carried.

Master Plan - Phase II
Cart Paths: Fisher has bids substantially less than budgeted for the cart paths. CI.F. will be used to cover the remaining costs for the cart paths if we are short on Phase II funds.

Golf: The committee discussed a new tournament which will be implemented this year called "Member-Member." It is a 9 hole match similar to the Men's Invitational. The member letter forwarded by the Board of Directors regarding range balls and the golf shop television was discussed. It was determined that the committee will obtain and review costs for the style of bags to stack range balls in pyramids as suggested. The Golf Pro will monitor staff watching television.
The phone on #8 to place food orders should be installed by the end of April 2006.

House: A new television has been purchased for the Terrace. The committee is looking into raising the T.V. stand as the base of the new television is shorter than the prior television.

Membership: The committee submitted a draft proposal on the privileges of a Social class of membership. This draft will be discussed further at the next Membership Committee meeting. The privileges do not include the Fitness Center. The Board is in favor of the draft and requests the following:
- The Board prefers to include the Fitness Center as a part of a Social class of membership and is requesting that the committee investigate further the usage of the fitness center.
- Campaign procedure explaining the benefits and consequences of such a class.
Machado motioned that the Membership Committee move forward with the draft, Moelk seconded, the motion carried.

Pool & Fitness: Due to safety concerns, the committee is requesting to move the rubber floor tiles from the ladies restroom into the men's restroom and to purchase new rubber floor tiles for the ladies restroom. The cost of the rubber tiles is $1,500. Passalacqua motioned to approve, King seconded. The motion carried.

B&G: There have been set backs in finding a location to build new cart sheds.

Correspondence
GVCC Seniors: This letter regarding Senior play on the golf course is addressed to the Golf Committee, with a copy sent to the Board of Directors. The Board will wait for a recommendation from the Golf Committee.
Resignation: Bardizbanian is relocating and has submitted a letter of resignation to the Board of Directors for his position as a five year representative to the NEB, and as a member of the Finance Committee. The Board thanks Bardizbanian for his time given to GVCC, and wishes him well with the relocation.
Newly Appointed NEB Representative: GVCC president Don Young, appointed Bill Fell as the five year representative to the NEB. Bill Fell accepted the position and looks forward to representing GVCC.
Hardship Request: A certain membership has been available for sale. Due to a serious health decline, a request that this membership be made the first available for sale with a reduced asking price of $17,000. The Board declined this request as they do not want to start a precedence and suggested that the membership selling price be set at the minimum selling price of $15,000.
Club Attorney Response: The Club attorney gave a written response on his concerns of promoting membership of a private club to new local homeowners. He also provided a sample letter of solicitation rewritten from the committee's original letter should the Club still desire to send such a letter. He advised that the Club get an opinion as to the effects, if any, of such a letter on it's non profit status. The attorney's response and suggestions will be forwarded to the Membership Committee.

Minimum Selling Price
The Board agreed that the minimum asking price is to remain at $15,000.00

The meeting adjourned at 8:00 p.m.

Respectfully submitted,
Hon. James F. Moelk (ret.)