1982 - Bracken Holdings' board member LaMont McGlohtlen suggested club to please try to cut budget as much as possible. Only 331 members in 1982
Budget for 1983 was presented. It has been cut $30,000 from 1982 budget. Total budget for 1983 - $271,240.
A new machine for raking sand traps had been demonstrated. Board members went out and looked at results. Cost would be about $4,000.Discussion was held on the machine, a timesaver and cost efficient. Motion was made by John Davis, seconded by Dave Selkirk that finance arrangements be made that we only take $500 out of this year's budget to finance machine and pay remaining next year. It was defeated 5 to 4. Larry Hovind offered to sign a personal note to purchase machine. John Davis moved that the club purchase the machine by borrowing monies from Reginold Mustain for one year. Seconded by Rollin Nordgren - motion carried.
Another parking lot was built even closer to old clubhouse.
1983 - Special meeting was held at the golf shop involving a lengthy discussion on the pros and cons of closing the clubhouse. It was suggested that a definite plan be made to possibly build or remodel the golf shop. Perhaps some members will donate monies for this project rather than borrow it and the board agreed to a certain amount of interest to be paid to the people doing this. It was also suggested that perhaps in a few years, if the current golf shop remains adequate with the new improvements made that L.B.C.C. doesn't need a clubhouse after all.
President Reginald Mustain called the special membership meeting to order on April 4. at the clubhouse. This was in response to the petition requesting the board explain its decision to close the clubhouse. President Mustain started with the budget information for 1983 - the budget had to be cut $30,000. The cost of operating the clubhouse would range from S18,000 to $19,000. All other areas of the budget had been cut to the lowest possible amount. He read the stats on what happens when an assessment is made during the year after regular dues have been set. There would be a substantial drop in membership and we would not have enough members to support the clubhouse.
The clubhouse is closed and opened only for board meeting, ladies bridge and wedding receptions. In the winter months it was opened for ice skaters and snowmobilers. The snowmobile club held meetings and parties there. The fireplaces were used to warm up by and hot chocolate and coffee was made. New Year's Eve parties and golf stags were still held there.
Welcome Wagon was contacted to help in promoting new members. Any member successful in recruiting a new member only paid half of membership dues.
Concrete spillway was leaking and it was repaired by Bracken Holdings Inc.
1984 - Membership has risen to 353 members. Larry Hovind asked the Board if they would reconsider opening up the old clubhouse on Thursdays, Fridays, and Saturdays. He explained there are two different types of people at L.B.C.C. and there have been requests to reopen the clubhouse. Larry Hovind said they would need $4,000 to remodel the entrance. The board reviewed the pros and cons but stayed with the original plans to offer an extended sandwich line and salad bar at the golf shop but the clubhouse would remain closed.
Special meeting held - President Waldo Goetsch read a sample letter he had written to the Bracken Holding Corp. concerning the reduction of the lease fee to $25,000 and asking the corporation to take over the pool payments. Discussion was held on the lease expiration in February of 1985 with concerns of what would happen then. Do we pursue the lease fee or give it up? Why not waive the lease payment of S25,000 in lieu of the pool payment that was made in January 198'?. If Bracken Holdings takes over the pool payment, the Country Club would maintain and operate the pool like they do the golf course. It was agreed to send the letter to Bracken Holdings.
Discussion was held on the current budget which is currently about $109,000 in the red.
President Goetsch called the Annual Meeting to order on November 13. Attorney Doug Mustain explained what was going on between the two boards in relation to the expiration of the lease in February, 1985. He also explained the resolution necessary to dissolve the country club and the necessary appraisal for the liabilities and assets.
Bracken Holdings Corp. voted to take over Lake Bracken Country Club. Final plan of dissolution was completed. LaMont McGlothlen gave a thank you to the L.B.C.C. Board of Directors for accomplishing all that they did this past year with the membership loss and keeping within the budget as well as they did. A thank you also was given for all the past boards of L.B.C.C. for what they did and tried to do.
Discussion was held on opening the clubhouse.
Budget for 1983 was presented. It has been cut $30,000 from 1982 budget. Total budget for 1983 - $271,240.
A new machine for raking sand traps had been demonstrated. Board members went out and looked at results. Cost would be about $4,000.Discussion was held on the machine, a timesaver and cost efficient. Motion was made by John Davis, seconded by Dave Selkirk that finance arrangements be made that we only take $500 out of this year's budget to finance machine and pay remaining next year. It was defeated 5 to 4. Larry Hovind offered to sign a personal note to purchase machine. John Davis moved that the club purchase the machine by borrowing monies from Reginold Mustain for one year. Seconded by Rollin Nordgren - motion carried.
Another parking lot was built even closer to old clubhouse.
1983 - Special meeting was held at the golf shop involving a lengthy discussion on the pros and cons of closing the clubhouse. It was suggested that a definite plan be made to possibly build or remodel the golf shop. Perhaps some members will donate monies for this project rather than borrow it and the board agreed to a certain amount of interest to be paid to the people doing this. It was also suggested that perhaps in a few years, if the current golf shop remains adequate with the new improvements made that L.B.C.C. doesn't need a clubhouse after all.
President Reginald Mustain called the special membership meeting to order on April 4. at the clubhouse. This was in response to the petition requesting the board explain its decision to close the clubhouse. President Mustain started with the budget information for 1983 - the budget had to be cut $30,000. The cost of operating the clubhouse would range from S18,000 to $19,000. All other areas of the budget had been cut to the lowest possible amount. He read the stats on what happens when an assessment is made during the year after regular dues have been set. There would be a substantial drop in membership and we would not have enough members to support the clubhouse.
The clubhouse is closed and opened only for board meeting, ladies bridge and wedding receptions. In the winter months it was opened for ice skaters and snowmobilers. The snowmobile club held meetings and parties there. The fireplaces were used to warm up by and hot chocolate and coffee was made. New Year's Eve parties and golf stags were still held there.
Welcome Wagon was contacted to help in promoting new members. Any member successful in recruiting a new member only paid half of membership dues.
Concrete spillway was leaking and it was repaired by Bracken Holdings Inc.
1984 - Membership has risen to 353 members. Larry Hovind asked the Board if they would reconsider opening up the old clubhouse on Thursdays, Fridays, and Saturdays. He explained there are two different types of people at L.B.C.C. and there have been requests to reopen the clubhouse. Larry Hovind said they would need $4,000 to remodel the entrance. The board reviewed the pros and cons but stayed with the original plans to offer an extended sandwich line and salad bar at the golf shop but the clubhouse would remain closed.
Special meeting held - President Waldo Goetsch read a sample letter he had written to the Bracken Holding Corp. concerning the reduction of the lease fee to $25,000 and asking the corporation to take over the pool payments. Discussion was held on the lease expiration in February of 1985 with concerns of what would happen then. Do we pursue the lease fee or give it up? Why not waive the lease payment of S25,000 in lieu of the pool payment that was made in January 198'?. If Bracken Holdings takes over the pool payment, the Country Club would maintain and operate the pool like they do the golf course. It was agreed to send the letter to Bracken Holdings.
Discussion was held on the current budget which is currently about $109,000 in the red.
President Goetsch called the Annual Meeting to order on November 13. Attorney Doug Mustain explained what was going on between the two boards in relation to the expiration of the lease in February, 1985. He also explained the resolution necessary to dissolve the country club and the necessary appraisal for the liabilities and assets.
Bracken Holdings Corp. voted to take over Lake Bracken Country Club. Final plan of dissolution was completed. LaMont McGlothlen gave a thank you to the L.B.C.C. Board of Directors for accomplishing all that they did this past year with the membership loss and keeping within the budget as well as they did. A thank you also was given for all the past boards of L.B.C.C. for what they did and tried to do.
Discussion was held on opening the clubhouse.
Located at: 1036 Sunny Knoll Drive, Galesburg, IL 61401
Contacts: Business Office - (309) 342-4431 : Fax - (309) 342-3829 : Golf Shop - (309) 343-5915 : Restaurant - (309) 343-5912 Swimming Pool - (309) 342-2413 Grounds - (309) 342-4341 E-mail Us
Contacts: Business Office - (309) 342-4431 : Fax - (309) 342-3829 : Golf Shop - (309) 343-5915 : Restaurant - (309) 343-5912 Swimming Pool - (309) 342-2413 Grounds - (309) 342-4341 E-mail Us
