On behalf of the Board, I am very pleased to announce that we have today entered into a Contract with Pariter Pty Ltd. This is one of the most significant events in our Clubs’ history. We have been working with Pariter for two years to seal this deal which will give us a new clubhouse, quality improvements to the course and regular share of profits to ensure our financial security for the next 99 years.

It has been a very complex, time consuming and painstaking process to get us to this point. I’d like to acknowledge a number of people who have worked tirelessly on this project; Our team of lawyers from Hall and Wilcox and Ron Cardwell for his independent commercial advice. My fellow Directors who have spent many hours working their way through commercial terms, project documents and designs. The Golf Course Planning Committee who spent many hours working with our course architect to come up with a design for a top quality 18 hole course. I especially thank our General Manager Andrew Laplain for the magnificent effort he has put into this project. He has been the centrepin for everything we’ve done so far, including complex document review, meetings, correspondence, planning committees and on and on it goes.

Where to from here? In-conjunction with Harrison Golf, designs for the temporary course layout are complete and they include construction of temporary greens so that we can continue to play 18 holes while the Golf Course Enabling Works are being undertaken. The temporary greens will be constructed before we touch any existing holes. Once we have official development approval, we will release a Tender for all development related course works. Under the contract, the 1st will remain in play until the new holes are completed.

Our bunker repair and cart path projects will continue with the aim to compliment development related changes to the course. It is important to note that these projects are undertaken based on their associated master plans to ensure consistency of design.

I thank you the members for your understanding and patience. We still have a long way to go but it will be well worth it when we get there. Thank you for your continued support.