Page 31 - CCCC Renovation Project Booklet Pt2

Project Costs

Golf Course $2,600,000

$6,000,000
Clubhouse
$8,600,000
Total

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

CCCC