Page 62 - CCCC Renovation Project Booklet.6
P. 62

Project Costs






               Golf Course
                                             $2,600,000
               Clubhouse
                                             $6,000,000
               Total
                                             $8,600,000








            Financial Assumptions




                 Project Cost: $8.6 Million
                 Sources of Funds

                      Bank Loan

                      Member Assessment
                 Member Assessment Outline

                      $11,500/one time
                      $2,500/year

                          5 years total

                      $225/month
                          5 years total

                 Total Assessment = $12,500/member
                      Assessment to begin billing in February 2022

















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