princess anne country club board of directors

On the course, the duties of his It afforded us the opportunity to bring Jordan onto property in early Team have been modified and elevated to include more attention to March, working alongside Matt during the critical seasonal time detail. While the information included in this report near $1,241,169 were primarily responsible for is preliminary, we do not anticipate any significant the solid bottom line.Net cash flow before capital expenditures for the changes to the information as presented andyear totaled $3,202,778, generously exceeding the auditors are satisfied with the Clubs internal A closer examination of the balance sheet reveals thatthe budget of $1,058,629 and tripling last years controls currently in place. A new event this year was the first annual PACC Summer Invitational Tennis Tournament benefitting an Achievable Dream. Doubles tournament. Andrea has done a great job training her Team in first aid as well as teamwork.9 ANNUAL REPORT | 2021 A special thanks to the committed professionals we have operating and conducting our classes and to this years Committee, Tommy Rueger and Alice Striffler, for all their support. Workout attire appropriate for a country club, including shirts and shoes, is required. We have already planned a rockin New Years Eve party and other special events to keep us going during the winter months. They also keep up on industry trends to provide us with the most valuable fitnessexperience you can get in the space we have. Moving forward, family-style service will beverage as well as other outside venues wherever become the norm for special occasion events, as they possible. what is the best definition of allegory? of our larger Club events will return to buffet display and service such as Traditional Christmas, Easter and The Aquatic Center broke ground later than expected Mothers Day, but family-style dining is here to stay. The golf pro shop shopping experienceof the box activities and golf social events that ensure that course. Princess Anne Country Club Non Profit Data PRINCESS ANNE COUNTRY CLUB 3800 Pacific Avenue, Virginia Beach, VA 23451 www.princessannecc.com Total Revenue $8,736,289 Total Expenses $8,377,331 Net Assets $11,607,182 We started recent months and golf and tennis events, while often family-style service as opposed to the large buffets modified, are being supported in new and popular for Thanksgiving, Christmas and other holiday meal approaches such as providing on course food and celebrations. ONE of the most picturesque myths of ancient days is that which forms the subject of this article. princess anne country club board of directors . The PASMGA continues to be a great venue for level through difficult times thanks to the leadership ofMembers meeting Members. Associate Professionals Taylor Ratliff and Ryanthrough this years shortened program. Our Childrens Halloween was held on Saturday and groups of 10 were sent through the club to getcandy and see the spooky decorations, the children also enjoyed pumpkin decorating on breakers boulevard.Moving in to the winter season, we sadly had to cancel our Polar Express movie night and Nutcracker Tea due to COVIDrestrictions. Gray Randolph CS, FWS,Vintner ANNUAL REPORT | 2021 330A RESOLUTION FOR LESLIE R. WATSONClub Secretary | Princess Anne Country Club | 2004-2021WHEREAS, Secretary Leslie R. Watson has served as The Princess Anne Country Clubs Secretary of the Board ofDirectors since November 2004; andWHEREAS, Secretary Watson has served as a critical leader and counsel of The Princess Anne, honoring hertraditions and heritage for over a decade leading up to her Centennial and fortifying the Clubs relevance into thenext century; andWHEREAS, Secretary Watsons sage wisdom, strategic vision and legal guidance safeguarded and navigated theClub through multiple major capital projects and acquisitions including the clubhouse, golf course renovation,tennis air structure, Breakers Boulevard, Holly Beach Bungalow and aquatics complex; andWHEREAS, Secretary Watsons loyal continuity, sound legal advice and thoughtful judgment through hisseventeen year tenure comforted nine Club Presidents, 126 different Directors and a very grateful GeneralManager; andWHEREAS, Secretary Watsons special passion and architectural appreciation of The Princess Anne Golf Courseled to it being recognized as one of the top 25 short courses in the world; andWHEREAS, Secretary Watsons humble legal acumen, discerning trustworthy guidance and invaluableinstitutional knowledge ensured stable fiduciary, strategic and generative governance; andWHEREAS, Secretary Watsons selfless, faithful devotion and truly deep love of The Princess Anne has inspired somany, and his longstanding dedicated service as Club Secretary has had an immeasurable positive impact;NOW, THEREFORE, BE IT RESOLVED, that because the Board of Directors desires to ceremoniously applaud theservant leadership of Leslie R. Watson and formally acknowledge with utmost gratitude his dedicated serviceto The Princess Anne Country Club, that this resolution be entered into the minutes of the Board of DirectorsMeeting and a copy presented to him.- Adopted by the Board of Directors on October 28, 2021 31 ANNUAL REPORT | 2021ANNUAL REPORT | 2021 332PACC COMMITTEESThank you to all of our committee Members for your dedicated service to the PACC family.Entertainment Golf House Rules Youth Involvement SPECIAL COMMITTEESMonica Stein, Chair Ran Randolph Jr., Chair Kelly Disharoon, ChairDonna Haycox Roger Stroud, Chair John Mazach, Chair Whitney HardingAmy Jackson Strategic Planning Megan HaynsworthGrey Martin Jeanne Beck (PALG) Mike Cowan Gary Beck, Co-Chair Christina Nieves Building Wine CommitteeAmy Metzger John Gibson, Co-Chair Amanda Parnell Chris Fanney Gray Randolph, ChairKate Michaels Mike Disharoon Julia David Katie Wynne Susan Pender Gary BeckBarb Sessoms Tennis Steve LawsonAlice Striffler Lee Entsminger (PASMGA) Pam Griffin Bekki Jucksch, Chair Handicap Hunter SimsHazel Taylor Megan Bradshaw Mark Finn, Chair Jon ThorntonEmilie Tilley Mark Finn Susan Pender Neil Brown Jeanne Beck Toby Fanney Bob BuckalewFinance Steve Houfek Ben Temple Beth Foster John GibsonPat Shuler, Chair Stuart Goldwag Alice StrifflerChris Fanney Alice Striffler Jonell Walthall Rhys JamesSam Steingold Justin McDaniel John Watson Kendall Whitaker Aden MurrayFitness Larry ParkerBarbara Sessoms, Chair Karen Worrall Faith Williams Mike PerkinsTommy Rueger Donna SalaskyAlice Striffler Janet Yue Monica Stein Rick Tillar Green John Wilson, Chair Membership Matt Angelelli Josh Parnell, Chair Historical Preservation Sandra Baylor, Chair Jeanne Beck Jack Drescher Pool John Hawa Dave Poteran, Chair Membership Identification Alice Striffler Shannan Poteran, Liaison Bobby Beasley, III, Chair Nick Szoke Leslie Cutchins Les Watson Merrick McCabe Elizabeth Ware Tradition Andy Dickinson, Chair Ben Willis David (Dippy) Pender Deane Zimmerman33 ANNUAL REPORT | 2021IN LOVING MEMORYSadly, we bid a fond farewell to our Members who passed away this year.2020-2021 Margaret MordecaiEdith Altmeyer Randolph SavageTyler Anthony Lawrence SmithWilliam Collins Kay StockwellGrace Dragas John TierneyKatharine Horner W. Earl WillisAnne KilandHorace Mcneal, Jr. The year started off with the ever-presentCovid-19 pandemic and new regulations set forth by the governor. Guest Information - Princess Anne Country Club Many are wonderful but we simply cant taste them exception. New this year, we hosted the Inauguralafter losing two irreplaceable team members in Nathan PACC Summer Invitational, which welcomed the statesBolling and Mary Fay. Princess Anne Country Club Salaries in Virginia Beach, VA Our Club Entertainment ($152,123) ($157,606) ($38,177)now has a waiting list and will focus on a healthy Youth ($41,594) ($54,250) ($342,526)financial future and remaining a haven for our Utilities ($335,649) ($370,240) ($860,515)Princess Anne Family. Theyplayers front and center singing and dancing to all of put their heart and hard work into everything they dohis tunes. Members are A special thanks goes to our Operations Team who truly made my job astruly loving the new facility. As a result, a consensus opinion to 72 teams. 2021 Princess Anne Country Club Annual Report The novices who made their final profession were Sister Mary Carmel Fitzgerald, I can assure the Princess Anne Members that the process undertaken Jordan has a clear vision for our golf course and what we see so far only by the Search Committee to hire our next leader of the Golf Maintenance Operation, beginning December 16th of last year, was scratches the surface. Meet for a well-deserved round of golf on a Friday afternoon. As you know, when working out hard you do not wear a mask, you are flinging sweat and breathing hard, yet we havenot had any COVID-19 outbreaks in this facility. Les hasannual CHKD Mixed Doubles Tennis Tournament as well as the PACC Pro-Am faithfully served as Club Secretary for 14 years. The Princess Anne Country Club | LinkedIn Barbara Stanwyck. The Club will be in great hands under herThe one thing that may have been discussed more than COVID this year was leadership.our new aquatic complex. Find employees, official website, emails, phone numbers, revenue, employee headcount, social accounts, and anything related to The Princess Anne Country Club. It was clear the Members were ready to party! The approach ofjoined by Julie Holland (Vice-Chair), Marcy Sims (Secretary) under the Operation 36 platform. I also want to congratulate Miller Carr on his victory in social functions resumed to great fanfare. The Princess Anne Country Club | Virginia Beach VA However, we were fortunate to most elite mens doubles teams to face off for amazingfind Dajana Cvjetkovic who is a great addition to our tennis while raising money to support An Achievableteam of six professionals and dedicated to the success Dream. We wish Matt and his family continued success the edging around sprinkler heads and tee markers, an improved, first as they move forward in lifes next great adventure of owning and cut around the greens and a general, overall clearing out along the running their family business. Members of all ages poured in to enjoy the resort-like feel, happily splashing inthe zero-entry area and/or sipping drinks pool side. If you have not taken the time to come and enjoy the fitness center, please make a point to do so. Jordans leadership style has made an immediate impact on growing and expanding his own company. Burns was previously Stage Manager at Busch Gardens . The event was a success and weplan to make it an annual tradition. The kids lovedgetting dressed up for this special occasion and havinga special date with their parent. Itwith every session having a wait list. Mr. John Hawa will do an excellent job representing the needs of the Membership and, on behalf of our Committee, we welcome his insight and direction moving forward. Miller and our other outstanding2021. We expect in late October/early November, by the time you read this annual report, site modifications to the large dunes behind #15 will have begun to take place. R., and the Rev. Private parties have started to return to the have been so well received by our Members. Our auditors, BDO, the pandemic and performed remarkably well and investing in PACC 20/20 and Beyond projects along ANNUAL REPORT | 2021 43TREASURERS REPORTwith ongoing capital replacement investments. The kids love this event as thereis fishing, smores, games and a yummy breakfast!We will be finishing the year out with a new etiquetteclass in November, we are sure to get many youngladies and gentleman signed up. ANNUAL REPORT | 2021 234TENNIS COMMITTEESubmitted by Chair Bekki JuckschOur PACC tennis operation continued to grow at a Court reservations have been through the roof withsteady rate this past year after the meteoric rise it all the new players, to include pickle ball courts. Curious Myths of the Middle Ages by Sabine Baring-Gould - Complete text to thrive with 40 of our 118 members joining under thisIn spite of the continued unusual circumstances of this membership classification. were given an unheard of six-month notice of Matts future intentions, Jordan made adjustments to his Team, creating new positions such as providing us ample time to go through the vetting and hiring process. The three-day event was a success due to the tireless effort of the PACC Team and Members themselves. combined with the success of our organized programs our efforts to reach golfers of all skill levels by focusing on has taken golf to a new level at the Princess Anne. View info about The Princess Anne Country Club (princessannecc.com). 2022 Annual Report by Princess Anne Country Club - Issuu 2022 Annual Report 2022 ANNUAL REPORT 3800 PACIFIC AVENUE | VIRGINIA BEACH, VA 23451 | WWW.PRINCESSANNECC.COM OFFICERS Susan T.. Taylor created has been an honor to work alongside them in makingan abundance of water games to keep the kids cool our Club the best it can be for our youngest members.and the last few weeks of campers were delighted to I am proud of everything we have accomplished thisget to utilize the brand new PACC pool. It was great to see so many new faces, young and old. The annual golf Member-Guest party Coastal Craze was also moved from the West Lawn into the main Clubhouse. princess anne country club board of directors princess anne country club board of directors Home Realizacje i porady Bez kategorii princess anne country club board of . While the pool construction was dealing with its own delays we, as a committee, had to be creative with other upcoming events. Celebrate the first dance of your just-married son or daughter. With theaccount. Oct 12, 2019 at 10:00 am. That tried boldness but we will know more at barrel sampling time. List of Academy Award winners and nominees of Asian descent ANNUAL REPORT | 2021 334WWW.PRINCESSANNECC.COM, The words you are searching are inside this book. 12th Annual PACC/CHKD Mixed Doubles Open | The King's Daughters We planned for a full Memorial Day weekend starting with an IOU Club party to start the weekend off. Current Year Prior YearThe reality is that the hourly wage for much of our Actualbaseline personnel has risen, and as we strive to Actual Budgetremain competitive in this unique labor market $4,708,195we anticipate these wages may continue to rise. Bill Shonk has comprised a Team ofCommittee and Board of Directors for ensuring this project took place, as leaders who are unmatched and we are fortunate to have them managingthere were a few moments of doubt on whether constructing a pool during our Club. Birdie Basics continues to provide a successful golf rivals any in the state of Virginia due in no small part toall interested women can participate in the fun. la carte dining has flourished in and minimized many other events. As Virginia's premier coastal private country club destination, exceptional hospitality and service is the norm, challenging and enjoyable recreational and fitness opportunities abound, excellence in formal and informal cuisine can be . Nestled in the rural setting of Goochland County, the . With 47 juniors Rogers have fit in nicely and continue to grow in their roles.participating in the 2021 Beach Junior Golf League, we were The addition of Director of Instruction Davis Whitmer hasable to field two teams that finished second and third in the immediately contributed to the Teams success growing13 ANNUAL REPORT | 2021GREEN COMMITTEE We are closing out a very successful 2021 golf season that included list down, interviewing the best six, then inviting the top two onto saying goodbye to a long-term Team Member, Mr. Matt Boyce, and property for a day-long interview session. But we are happy to take an exclusive Country Club in Greenwich Connecticut the hit for the good of the membership. The highlight waskeeps our outdoor clay courts in pristine condition taking 2nd place at this years Spindle Cup at NYCC.throughout the summer months as well as the ones The local USTA leagues also started back up this pastin the bubble during the winter. Won. 2021 ANNUAL REPORT3800 PACIFIC AVENUE | VIRGINIA BEACH, VA 23451 | WWW.PRINCESSANNECC.COMOFFICERS DIRECTORSChristopher J. Fanney 2021President Bekki Jucksch John MazachSusan T. Pender Joshua ParnellVice President Monica SteinLeslie R. Watson 2022Secretary Michael Cowan, Jr. Barbara SessomsPatrick L. Shuler Roger StroudTreasurer John Wilson, Jr. 2023 Robert Beasley, III Neil Brown Kelly Disharoon Shannan Poteran1 ANNUAL REPORT | 2021Todays Princess Anne Country Club Mission Statement CONTENTSThe Princess Anne Country Club is a traditional, full-service and 03 Presidents Message family-oriented private club whose purpose is to offer quality socialand athletic services and first rate facilities to meet the needs of 04 Treasurers Report Members and their families in a comfortable atmosphere and home-away-from-home environment, consistent with the long-standing 07 Entertainment Committee values, traditions, history and unique culture of the Club. 09 Fitness Committee Original Purpose Statement from the Articles of Incorporation 10 Golf Committee The purpose of the corporation (i.e., the Princess Anne CountryClub) is to own, maintain and operate at Virginia Beach, in the state 14 Green Committee of Virginia, a social and country club, including any and all facilitiesfor golf, tennis, swimming and any and all other sports of every 17 House Committee kind and character whatsoever, and to provide for its Memberssuch accommodations and entertainment as may be necessary or 18 PACC by the Numbers desirable to them. 19 Membership ID Committee ~ PACC Founders | September 23, 1916 21 Membership Committee 22 New Members 23 Pool Committee 25 Tennis Committee 28 Youth Involvement Committee 30 Wine Committee 31 Les Watson Resolution 33 PACC Committees 34 In Memoriam ANNUAL REPORT | 2021 23MESSAGE FROM THE PRESIDENTIt was my hope that when I crafted this message for our 2021 Annual Report Your Club performed well financially as we welcomed 118 new families. princess anne country club board of directors The Princess Anne Country Club | Virginia Beach VA - Facebook Like this book? The Princess Anne Country Club | 607 followers on LinkedIn. CMAA Elects 2020 Board of Directors - Club + Resort Business Ihave witnessed this Team go into action. View 2022 CMAA Board View Past Presidents and Chairmen Chairman Mitchell S. Platt, MCM, CCE Cosmos Club 2021 was marked come on that. Of these 118 new members, we were excited to see 40 and Jennifer Garrott deserve credit for modernizing howof them benefit from our Under 40 Program. Each holiday that had to be cancelled or limited was translated by decorations and music into their individual rooms. The Top 25 Most Exclusive Golf And Country Clubs In The World - Forbes I appreciate the opportunity Administrative & General ($965,400) ($893,225) ($800,634)to serve as your Treasurer and stand ready to Fixed Charges ($779,911) ($822,702) ($21,068)answer any questions you may have. Brynner became a naturalized U.S. citizen in 1943. Its been a fun ride. You may have seen Jordans Team working hard this summer clearing and changing the perimeter look of our pond, by introducing new plantings and cleaning out the rock stream that runs through the two putting greens. I Dues & Supplements $4,887,918 $4,690,525look forward to continuing to work with Bill Shonk, Department Income ($132,803)his Team and our Board to fully scrutinize financial Food & Beverage ($61,759) ($107,663) ($48,256)results and strategies for this coming year and Golf Pro Shop ($78,945) ($66,860) ($1,031,620)beyond. The main task of identifying prospects was no dependent spouses established their own membership gift cards may be used anywhere on Club property andlonger the main focus. His love for the Princess AnneInvitational to Benefit the Els for Autism Foundation, but we also welcomed a is unparalleled and his thoughtful legal counsel and institutional knowledgenew charity event with the Inaugural Summer Tennis Invitational. Elizabeth Manor tennis team wins tourney; Sports Club gears up for . There is no online registration for the intro class Terms of usage & Conditions Princess Anne Country Club | Virginia Beach, VA | Cause IQ This was also a treat for busy parents! Scott L. Buchanan - Code 920, Programs - LinkedIn The Clubs Under 40 Membership Program continues reinstatements. Alexandria, VA The Club Management Association of America (CMAA) announces its elected 2022 Officers and Board of Directors. Since 1916, our Club has provided a haven for many members and their guests. The team, Tad Fischer, from left, Mike Walls, Rick Ramsey . Nowonder many kids exclaim this is their favorite night,year after year. Our new youth room for our teen contingent, The Reef finally had its grand openingon Memorial Day! For the second year in a row our PACC team hopped through our members yards dropping easter eggsso kids could have easter egg hunts at home! A big thank you to Kristen Bunting for the design! Princess Anne Country Club is part of the Amusement Parks, Arcades & Attractions industry, and located in Virginia, United States. Kids came to the class for a few hours and went home with awonderful creation that was fridge worthy. We also welcomed back 9 members who chose 18 members make the difficult decision to take a Leave ofto reinstate their membership after previously resigning. The Reef is a room for tweens and teens to relax, play and study. Fingers crossed special. ANNUAL REPORT | 2021 238In July the Youth Committee brought the infamous The youth program at the Princess Anne and the staffVB native Jackson Breit to the PACC for an outdoor behind it is top notch, always coming up with innovativeconcert. Cheers, Cheers!who has no program at all. Initiation fees ofthe highlights of our Clubs financial operations our financial statements in November. She is the first conspicuous lesbian character in a Hollywood feature film. Princess Anne Country Club 757-428-4141 3800 Pacific Avenue Virginia Beach, VA 23451 Front Desk Hours: Monday | Closed . Or just stop by for a quick bite. It was challengingto say the least, but with the help of the coaches, parents, volunteers, the pool committee, BrianTriolet and his team and Mardy Colling, we gave the kids another memorable season that theycan look back on and smile.With much anticipation from members and staff, the new Aquatics Complex ribbon was finally cutin early August. Finally, Courtney Whittemore42. The PALG leadership continues to think of outside progress towards shooting par or better on and off the golf not gone unnoticed. By-Laws were adopted on September 4, 1927, and the first Opening Meet was held September 10, 1927. At the community Mass the fol lowing morning, three novices pronounced temporary vows and three made their final vows in the convent chapel. Mr. K.C. The PoolCommittee Members are always available for you to share your thoughts. Luckily, at the time of so agreeable around the 10 dollar mark and that it is hard to writing this, the 2021 whites have been harvested and the pass up. It grew to become one of the finest retreats in the Commonwealth and a genial oasis for its members, many of who have made it the center of their social and recreational lives. One of the most important efforts of the Golf Committee was the work of theUnder the leadership of Lee Entsminger (President) Handicap sub-committee made up of Mark Finn (Chairman),the PASMGA had another extremely successful season, Jeanie Beck, Bob Buckalew, John Gibson and Alice Striffler.maintaining strong participation at an average of 40 players These Committee Members continue to roll up their sleevesfor their Wednesday rounds. Golf Course ($1,110,403) ($1,060,640) ($254,146) Tennis ($322,526) ($307,790) ($115,733)Each year in this column I personally ask for your Pool ($105,616) ($129,525) ($124,439)assistance to help us achieve our financial goals Athletics/Fitness ($116,899) ($159,360) ($461,256)by sponsoring new Members and hosting private Clubhouse ($528,236) ($495,879) ($194,926)events at your Club. 1,169 MEMBERSThe long awaited pizza oven is currently on site and should be turning out PACC pizzas by latefall and winter months prior to the 2022 Aquatic Center opening. 29,426 GOLF ROUNDS PLAYED $610,591 IN WINE SHOP SALES 4,397 TENNIS LESSONS GIVEN19 ANNUAL REPORT | 2021MEMBERSHIP ID COMMITTEESubmitted by Chair Bobby Beasley IIIThe Membership ID Committees main objective is to divorce policy for existing dependent spouses in the Even though we will be working with a cap, we will continueidentify prospective members. The fires did their damage to structures seller at PACC. By far our top Sonoma county. The PACC Team was able to get creative so that we could still host our beloved three days of Traditional Christmas and ring in the New Year with a delightful dinner and music. Kellyanne Conway and her husband split after 22 years Jackson had a stage full of future guitar ideas to keep youth involved and events fresh. all. Smoking areas have been designated on the southern porch of the upper level and patios outside of the men's and ladies' lounges on the lower level. Expand. princess anne country club board of directors 3- Classes pack for $45 princess anne country club board of directors for new clients only. Until. Along with While new members are integral to the health and we communicate with our prospects and new membersthis successful Program, we had 30 new members join longevity of our Club, the Committee also focuses on the throughout this pandemic. Kellyanne announced in August 2020 that she would leave the White House the day after the 15-year-old said she was 'officially pushing for emancipation' from her parents in a series of tweets.. As McCall Andy and I designed a new layout in the front of the Clubhouse (due to pool construction on the West Lawn), we looked forward to still hosting the biggest event of the year! This allows bunker faces to get hard and compact, so that balls feed down into the middle of the bunker for improved playability. We are very proud of our Team of trainers, who have proved their worth over the last couple of years as theyve partnered with their clients to help them stay consistent and healthy through the ups and downs of safety concerns and facility availability.We are fortunate to have such a wonderful asset like the Lifestyles Fitness Center providing our Membership with a high-quality fitness experience.Improvements to the equipment and facility help to level-up the Member experience. The King and I. Michael Jordan is the Director of Racquets at Dallas Country Club, one of the premier clubs in the country. Our Members continue to show off their facility program 68 players! We were encouraged to see many Members utilizing the facility and services over the past year, and othersnow feeling safe to return. As golf professionals Rupe Taylor and Ryan Smith left to seek other opportunities,The junior golf program at the Princess Anne continues to Matts patient approach to find replacements paid greatbe one of the strongest in the area, with 71 juniors coming dividends. In by our certified stringers on cutting edge machines. Not to be forgotten is our outgoing Secretary Les Watson. Board of Directors - Redlands Country Club - Redlands, CA Assistant AD for Marketing and Fan Experience in Spartanburg, SC for 147 followers 146 connections. It is Charles Bowers Mark Horton Michael Pfeifferalways bittersweet that as we bid Michelle Brakke Jerry Jenkins Alexine Polumbofarewell to members, we are then Morgan Bratten Gerrard Jones Russell Pruittable to welcome in new families. Discover the best professional documents and content resources in AnyFlip Document Base. Since 1928, the Cavalier Golf & Yacht Club has been the premier place to celebrate, connect and enjoy the best coastal activities in the region. Statistics Season Statistics Season Statistics There is a DJ, ice creambar, corsages, photo booth, and the list goes on. You can publish your book online for free in a few minutes. The balance sheet reflected $3,570,069 We lowered our loan rate through a modification within cash at fiscal year-end with $1,603,375 of Thanks to amazingly resilient Member support, TowneBank this year and fully tapped our loan withthat safeguarded in the capital reserve fund an influx of new membership revenues, efficient them to fund the Aquatics Complex project.

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