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HomeMy WebLinkAbout2014-8-19 Miacomet GolfMINUTES Nantucket Land Bank Commission Miacomet Golf Membership Committee Annual Meeting of August 19, 2014 Miacomet Golf Course — 12 West Miacomet Road z s T CALL TO ORDER: 5:30 p.m. C C-3 �;o m N COMMISSIONERS PRESENT: Bartlett, Gardner, Paterson, Reinhard, Stackpole. CD M C) STAFF PRESENT: Eric Savetsky, Executive Director; Susan Campese H Administrator /Finance Manager. '" r,.. C.1 CO I. MISSION OF MEMBERS COMMITTEE: Charles Williams, standing in as chair for John Daniels introduced the Membership Committee members and gave a brief overview of the mission of the committee. 2. MGC MEMBERSHIP /FINANCIAL UPDATE: Mr. Costa reported there were currently 143 legacy memberships, 255 regular memberships and 36 people on the waiting list. He explained that since May 15th there have been 15,200 rounds played and the tee times during July and August consisted of 49% members and 51 % non - members. During May and June the tee times were used by 60% members and 40% non - members. Further, July and August 95 -99% of the tee times were full and in June the tee times were 55% full. Mr. Costa said that gross golf and restaurant sales were up and MGC were able to put $250,000 back into the course in capital improvements every year. Further, all new initiation fees were put aside for a new clubhouse and the increases in dues and fees would be put aside, which he estimated would be $200,000 this calendar year. 3. FOOD AND BEVERAGE OPERATION UPDATE: Restaurant Manager Kate O'Connor explained the challenges of the small kitchen facility and new staff this year. She reported they were currently serving more than 200 lunches each day and up to 200 dinners. 4. GOLF COURSE MAINTENANCE/IMPROVEMENTS UPDATE: Golf Superintendent, Sean Oberly commended his staff on the great job they do and answered various questions from members. 5. LAND BANK REPORT SCONSET GOLF COURSE: Mr. Savetsky gave a brief history of the Land Bank's ownership and investments in Miacomet Golf (MGC) and Sconset Golf (SGC) courses. He reviewed work performed at SGC over the last year, including adding irrigation to the greens and tees, renovating the exterior of the clubhouse and the plans to renovate the interior of the clubhouse this winter. He explained the goal of the Commission was to keep the unique character of the historic Miacomet Membership Annual Meeting: August 19, 2014 course while keeping golf affordable. 6. LAND BANK REPORT MIACOMET GOLF COURSE: Mr. Savetsky announced the Commission had voted to add another million dollars to the designated fund for a new clubhouse. The fund now has a total of $2.3 million in it. He reported the Commission and MGC staff were working with a local architecture firm and were fine tuning conceptual site plans of the clubhouse area. Further, they had formed a work group that included Mr. Savetsky, Mr. Costa, Bill Cooper and Terry McGovern to advise on site planning for the clubhouse, cart barn and ancillary buildings. He said the Commission wanted to keep the current clubhouse open during construction and that this made the task of situating the buildings harder. Mr. Savetsky stated the Commissioners were working very hard and remained committed to having a new clubhouse, which he estimated to cost between five and eight million dollars. Further, he hoped to have conceptual plans by the end of the year and predicted ground breaking would be in two to three years depending on the cost estimates. Mr. Savetsky informed the audience that the Commissioners were in favor of hosting the LPGA tournament in September 2015 because it would put $750,000 per year into the designated clubhouse fund over the next three years, but as yet a title sponsor had not been found. Mr. Savetsky answered various questions regarding LPGA and clubhouse financing plans. 7. GOLF COMMITTEE UPDATE: Gene Briskman announced winners of the various member tournaments and commended Golf Professional, Phil Truono on his adult and youth programs. ADJOURMENT: at 6:3 8 p.m. Attested to: 4,1 Neil Paterson, Secretary Accepted, Approved, and Released by the VOTE ommission 26th day of August, 2014. en B. keinhard, Chairman --A L MEMBERS COMMITTEE August 19, 2014 Welcome to the 3rd Annual Members Meeting at Miacomet! Your Members Committee is pleased you are attending today's meeting, which is organized to update you on a number of important topics we have been working on since our last meeting. Today's Agenda is the following: I. Mission of Members Committee and Introduction of Committee Members — Charlie Williams II. Update on Miacomet Members /public usage -Alan Costa III. Update on food and beverage operations -Kate O'Connor IV. Update on golf course maintenance /improvements -Sean Oberly V. Land Bank Update on Siasconset Golf Course — Eric Savetsky VI. Land Bank Update on Miacomet Golf Course — Eric Savetsky VII. Update from the Golf Committee -Gene Briskman VIII. Q & A Special Note: In order to adequately cover these topics, we will only have 2 -3 member questions after each report, then open to any other questions at the end. We ask that each member identify themselves before speaking. Thanks for your cooperation.