Relaunch – Advanced Subscription Offer
New Clubhouse Project
We now have the final plans for our fixed-price, design/build clubhouse project and are negotiating the contract details.
If we are to proceed then we need to secure sufficient up-front funding to meet the thresholds that are necessary for securing a bank loan and grant funding.
Two identified sources for the required up-front funding are member loans and advanced subscriptions.
We were extremely disappointed with the lack of up-take for the $16,500/ten year subscription offer, even though we believe that it would deliver long term value for participants. We understand, however that for many, ten years was an excessive time horizon and that it was not attractive for nine-hole members.
We are therefore launching an expanded, more attractive, advanced subscription offer.
10 year 18 hole subscription $15,000
5 year 18 hole subscription $7,500
10 year 9 hole subscription $10,400
5 year 9 hole subscription $5,200
These advanced subscriptions are inclusive of the clubhouse development fee that is an integral part of the subscription. They are also inclusive of NZ Golf and District levies and GST. They are also fully transferable to any other person within the time period. Members who have paid this year’s annual subscription can participate in the offer and be credited with any payment already made.
We believe these offers to be excellent value and urge members who are able, to participate and help us meet the required threshold that will enable our new clubhouse project to proceed in a timely manner.
Please register your interest in this offer at the clubhouse, either in person, or by email – info@omokoroagolf.co.nz by 5pm Friday 27th June.
There will be a limit to the number of advanced subscriptions that we can accommodate, and the cutoff will be set by the date of registering any interest to participate.
Parallel to the advanced subscription opportunity, is the offer of 5 year member loans. These are restricted by regulations to no more than 20 member loans in any financial year. We seek large sum loans from members who are in a position to participate, and we are offering an attractive commercial interest rate.
For more information and details relating to member loans, please contact one of the committee members below:
Des Hammond dhammond@qlthermostatic.com
Sue Dark sue.dark@gmail.com
Ken Shirley kennyjenny@xtra.co.nz
Rhonda Wisbey rhonda3172@hotmail.com
Gus Gaskin guskg48@gmail.com
Wayne Wright wwright1946@gmail.com
These are exciting times for our club. The clubhouse redevelopment plan is progressing to schedule, and the support of the membership is needed and greatly appreciated.
Ken Shirley
Chairman
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