04-08-18.LETTER TO MEMBERS

COPY OF EMAIL: From: Marty Myers, Laura Lustig, Bill Brachfeld, and Joel Freedman Sent to Marty Slepkow & Others: Monday, April 8, 2019 2:33 AM Subject: For a New Clubhouse

Dear Member, Re: For a New Clubhouse

This email will surprise all of you and probably disappoint some of you but we have reached the point where the very best option for ALL MEMBERS is to vote Disapprove to the Board's current $35 Million Plan and proceed with one to BUILD A NEW CLUBHOUSE. We are now convinced that our Repair First proposal has lost. Only 60 Members responded "No" to our inquiry of March 31 as to how they planned to vote on the Board's plan. In the meantime, a far superior alternative has emerged.  Yesterday, a presentation was made by the president of South Florida's leading clubhouse architectural and design firm at their offices showing preliminary conceptual plans for a new clubhouse constructed on a site that would enable us to continue to use our existing clubhouse until the new one is completed . Notwithstanding the fact that every Board Member was invited to attend this meeting, all but one refused . All of the Club Members who attended (names listed below) were excited by this presentation . With an efficient design, the new Clubhouse would be smaller than our present building but would include all of the spaces and amenities that we require and to which we are accustomed. Its capital cost would probably be somewhat more than $35M but its operating costs would be lower due to a 35% reduction in energy consumption and staff reductions made possible by having fewer kitchens, better placement and utilization of dining spaces and less areas to clean and maintain. As a result, Members' costs would not exceed $350 per month, the same as proposed by the Board's Plan . Steven Bernstein, the only Board Member who was willing to attend, did so not representing the Board but as a club member interested in a potential new proposal. At the end of the meeting, he stated that he found it to be "interesting" and will report it back to his fellow Board Members.  The firm is prepared to make a presentation of its plans for a new Clubhouse to all of our Members here at Frenchman's Creek but only if invited by our Board of Governors to do so. We urge you to contact Board Members and insist that all of us be given the opportunity to see the presentation this week, especially those Members who have already voted to support the Board's plan, to enable them to change their vote if they chose to do so before the April 17 voting cutoff date.  The firm's president questioned our Board's promise that under their Plan, Members could continue to utilize at least one floor of the Clubhouse during renovations. In his experience with extensive renovation work of the type proposed, Members almost always end up in a tent.