Greetings, fellow curlers!
A board meeting and elections took place last night and their results are as follows:
Bryan Zimmerman, President
Dave Miller, Vice President
Elizabeth "Liz" Spencer, Secretary
Matt Smith, Treasurer
The board ratified all chairpersons and has vital positions to fill for the Youth program. This can be co-chaired by two people with other volunteers recruited to help. Please consider what assistance you could provide in building this program and teaching young curlers. If you are interested in co-chairing or helping with the kids, please contact Bryan Zimmerman or Gary Saddler for details!
The board also passed the resolution regarding the Supporter Loan Program (SLP), that information is below
An organizational chart will be sent out shortly as well, showing which committees report to the board--and which of them report to the operations committee--which ultimately reports to the board.
With the flurry of trying to build our new facility so quickly, communications with the membership as a whole were less frequent and that is something we are working to get back on track with now. As you know, our calendar is filling up for the upcoming season and we have more work to do together to make our new club a true success.
I want to thank everyone who came out for our inaugural annual meeting last week; it was a great time and very humbling for some in our new home.
I hope you share my optimism for the coming year. As we said Saturday night, this is the single largest "opportunity" our club has, or will experience for some time. It is our 50th anniversary and the Olympics all in the same year! Just think if we could double (80) the amount of new curlers from the last Olympics...How fun would it be to meet all the new curlers (and have things to worry about like multi league nights again)? Furthermore, it would mean some major relief in our mortgage payments!
In closing, we are transitioning from manual labor (insulation moving, and vacuuming water as it melts) to intellectual labor, so to speak. All we need to do is continue combining our individual talents, time and energy--as we have been doing all along--to launch this dream we've built, to new heights.
Buckle up it's going to be a blast!
BGCC Supporter Loan Program Summary April, 2017
Bowling Green Curling Club (BGCC) is requesting assistance from its supporters through a Supporter Loan Program (SLP). The SLP offers supporters the opportunity to invest funds into the club, receive an annual interest payment and be repaid in the future. The goal is to raise $200,000 with this program, which will provide BGCC the necessary capital to ensure a smooth transition from a startup operation into a mature organization.
Program Details
Minimum loan amount: $5,000.
Annual Percentage Yield: 2.5% (calculated and paid at the end of each year)
Beginning in the sixth year, BGCC will allocate a minimum of $25,000 per year to repay to the loans. The sequence of investor repayment will be selected by lottery each year. Each investor selected can choose from the following options.
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Elect to not be repaid at this time and be re-entered into the lottery for the next year
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Partial repayment at this time (remaining balance carries forward)
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Full repayment (If remaining allocation is insufficient, any remaining balance carries
forward)
Additional investors will be selected from the lottery until the full amount allocated is exhausted.
At any time, investors may donate any part of their loan to the club as a tax deductible charitable donation.
Conclusion
Your participation in this program will assist in financially stabilizing BGCC and securing its ability to fulfill its mission to grow the sport of curling in Northwest Ohio.
Thank you for considering this opportunity. With the support of people like you, we can continue to fulfil our club mission to grow the sport of curling in Northwest Ohio.