Loading...
HomeMy WebLinkAbout07-107 Resolution No. 07-107 RESOLUTION APPROVING ANNUAL MEMBERSHIP RATES FOR BOWES CREEK COUNTRY CLUB BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN,ILLINOIS,that it hereby approves the annual membership rates for Bowes Creek Country Club as outlined in the attached proposal. s/Ed Schock Ed Schock, Mayor Presented: April 25, 2007 Adopted: April 25, 2007 Vote: Yeas: 5 Nays: 2 Attest: s/Dolonna Mecum Dolonna Mecum, City Clerk J \A.- �/ 4 ♦ I ir/i Country Club Bowes Creek Membership Rates Annual Membership Type 2007 2008 2009 2010 2011 Individual Membership includes unlimited golf, golf car, practice facility, CDGA handicap, account privileges and 20% awards bonus on all merchandise in the golf shop. Once purchased, annual membership rate is frozen through January 1, 2009. $2,800 $3,600 $4,400 TBD TBD Toll Brothers Homeowner Membership includes the same as above and allows you the use of a member's owned golf car for a trail fee. Additionally, the membership is transferable to a new homeowner for a one time transfer fee of$1,000. $2,800 $3,600 $3,600 TBD TBD Family Membership for any additional household resident includes unlimited golf, golf car, practice facility, CDGA handicap, account privileges and 20% awards bonus on all merchandise in the golf shop. Membership rate is frozen for up to two years from the date of purchase. Rate is for each additional family member. Rates are added to an individual membership only and can not be purchased separately. $1,100 $1,100 $1,100 TBD TBD # Course name Membership Program Annual Rate Mill Creek Golf Club Ultimate Golf Package $2,900.00 Unlimited Golf, Cart, driving range, pitch and putt, advanced tee times, guest discounts, CDGA handicap Additional Member $1,100.00 Family Membership up to 4 players (kids under 16) $4,000.00 Corporate Membership up to 4 individuals working at the same company $14,500.00 2 Klein Creek Golf Club Unlimited Membership $2,500.00 Unlimited Golf, Cart. Advanced tee times, discounts in shop, priority seating in restaurant, account privileges, full service locker room, CDGA Handicap Additional Member $1,500.00 3 Whisper Creek Golf Club Resident Membership $1,200.00 Limited Golf, Weekday and after noon on weekends, 1 day priority tee times over public, three (3) complimentary guest passes, carts and range not included. Additional Member $1,000.00 4 White Deer Run Golf Club No Memberships NA Players Club - Loyalty program offers discounts off the regular rate, Vernon Hills resident receive a 15% discount 5 Cantigny Golf Club No Memberships NA Point based loyalty program 6 The Glen Club No Memberships NA Continued: # Course name Membership Program Annual Rate 7 Prairie Landing Golf Club Individual Ultimate $3,075.00 Unlimited golf, personalized locker, six complimentary guest fees, CDGA handicap, member gift pack, 2 large buckets per day, use of practice holes, carts additional $12/per use Family Ultimate $5,075.00 Corporate Membership $5,900.00 22 foursomes per season weekday only or after 11 on weekend, 2 CDGA handicaps, other flexible corporate options are available 8 Seven Bridges No Memberships NA They have Pay-2-Play; frequest golfer awards program, $1599 down and then a reduced rate per round. 9 Elgin Country Club - Private Regular or Corporate Membership $7,960.00 $22,500 initiation fee, $560 monthly dues and $310 quarterly food minimum. Privileges include golf, pool, tennis and dining. Cart trail fee, range and guest fees Average annual are additional. minimum `o OF • Agenda Item No. I. City of Elgin ►e � y April 6, 2007 `,t {` TO: Mayor and Members of the City Council — _... /eereatinaal,Izisun ):d FROM: Olufemi Folarin, City Manager Grdram-OppertttnirlrsforAilCitixins Randy Reopelle, Parks and Rec ation Director SUBJECT: Bowes Creek Country Club Annual Membership Rates PURPOSE The purpose of this memorandum is to provide the Mayor and members of the City Council with information to consider annual membership rates for Bowes Creek Country Club. RECOMMENDATION It is recommended that the City Council approve the membership rates for Bowes Creek Country Club. BACKGROUND Toll Brothers' Bowes Creek sales staff has started their residential home sales and City staff would like to use their efforts to help sell Bowes Creek Country Club memberships. These golf membership sales will provide early cash flow and help create a loyal customer base in advance of the projected spring, 2009 opening. In order to promote a high-end golf experience at Bowes Creek Country Club, and also to differentiate it from the Highlands,the following marketing theme was created: Bowes Creek Country Club...Enjoy a private golf club experience and become our member for the day. The City of Elgin offers its premiere facility with a complete country club experience for you and your guests. The attached proposed annual membership rates are based on a combination of factors, which include a high quality golf experience; rates charged at similar courses in the area; unlimited golf, cart and range use; and other privileges typically reserved for a private golf facility. Also attached is a spread sheet that outlines annual membership rates for other comparable golf courses in the area. It should be noted that they do not typically include unlimited golf, cart and range use. Additionally, memberships purchased in 2007 would be provided the opportunity to purchase 2008 and 2009 memberships at the 2007 rate. r• Bowes Creek Country Club Membership Rates April 6,2007 Page 2 COMMUNITY GROUPS/INTERESTED PERSONS CONTACTED None 9KFINANCIAL IMPACT A revenue account number will need to be created to account for 2007 sales. The estimated revenue for 2007 is $50,000. ^1���/LEGAL IMPACT \I' V1y ' None ALTERNATIVES 1. The Council may choose to approve the annual membership rates for Bowes Creek Country Club. 2. The Council may choose not to approve the annual membership rates for Bowes Creek Country Club. Respectfully submitted for Council consideration. ml attachments