Page 61 - CCCC Renovation Project Booklet Large
P. 61
Project Cost
Golf Course $2,600,000
Clubhouse $6,000,000
$8,600,000
Total
Financing Assumptions
Project Cost: $8.6 Million
Sources of Funds
Bank Loans
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
CCCC
