FAQ - Bunker Renovation Project

A note was sent to all Equity Members earlier this week to answer a few questions that are being asked often and we thought we would add the information here in case you missed it!

Documents for the bunker project are on the Member website under The Bunker Project, but if you have not yet familiarized yourself with the entire presentation please note:

• There is No Assessment - there will be a modest increase in the annual debt serving charge of approximately $85-$100 dollars per member / per year in 2025.
• We have not embarked on a mission to redesign the bunkers - the moment you consider to redesign the golf course you will easily double the cost of the project which will also include a charge from a golf course architect .
• A Golf Course Master Plan was commissioned in 2020 - and there was nothing contained in that plan that suggest we drastically change the bunkers.
• Capital Improvements such as New Bunkers will only increase the share price of our memberships .
• During the renovation DolTurf has committed to having a minimum of 15 holes open at all times , with the likelihood that only one or two holes will be closed for most of the time.
• The course will be playable for the duration of the project including many of the competitions and apres-golf activities that members enjoy so much .

Every successful capital improvement at WGC has counted on third-party industry experts to eliminate the impossible challenges that would come from trying to use specific members feedback to drive a project like this.

The Members’ Meeting for the Bunker Renovation Vote is scheduled this coming Monday September 25th at 6PM . If you are unable to attend you may appoint a proxy holder or submit an advance ballot . These forms are available in the Office or on the Member website and must be submitted no later than 6PM on Thursday September 21.

We look forward to seeing those who are able to attend in person this Monday September 25th at 6PM and we thank those who have submitted proxies and / or advanced ballots.

Thanks for your participation,
The Board of Directors