Representatives of the Coveleigh Board of Governors have recently announced their intention to proceed with a renovation project for the Cove bar, and have announced that no approval is required from, and no effort will be made to request approval from, the membership. A number of members have stated their objection to the project for a variety of reasons, including:
- Clear disclosure concerning the recent financial performance of, and current financial condition of, the Club and how that may be impacted by this project has not been made,
- Clear disclosure concerning the budget for the project, expected to be several hundred thousand dollars, what other “related projects” have been included or excluded from that budget, what diligence has been done to confirm the integrity of the budget and related contingencies, has not been made. In short, members are concerned about a repeat of the cost overruns of some of our other recent capital projects,
- A concern that the project is not the best use of the club’s limited capital in a way that promotes increased enjoyment of the Club for the most members, that a project of this scale was not contemplated by the membership when supporting improvements generally to the Cove and bar, and that the design is not attractive to many members.
- Objections to the assumptions used to support the proposition that the project will result in significant new net revenue to the club, and
- Other equally valid concerns.
Whatever your reason, this is an opportunity to help deliver the
message that the membership would like to stop the Cove bar renovation project,
for now, until the membership’s concerns can be addressed and informed
judgements can be made about the prudence and desirability of the project with
informed input from the membership.
Updates
November 11, 2018
The board continues to ignore our requests for basic financial transparency. We are currently preparing to escalate our opposition directly to the committee.
Reached 100 supporters
November 11, 2018
28 Comments
I think at this juncture it would be sensible have a dialogue on the spend to provide all members with a fulsome explanation of the rationale of the decision. And obtain insights on membership's thoughts that perhaps were obfuscated in the surveys. It may not change the course of action, but it will help develop a more common level of understanding.
$250,000 seems to be a very small budget for a project with MANY unknowns. The proposed renovation location has multiple potential structural and drainage headaches. This process seems very rushed and has anyone even considered the ROI?
I do not approve any renovation project without prior membership approval. This abuse of spending is unacceptable. I would like a detailed accounting report of all spending for recent decorating and capital projects.
Moving a bar with a view to a corner without a view to make more money is the most naive idea I have ever heard.
This project also seems rushed, as it is moving forward before the new club manager is in place. The new manager should also address the quality of the food, which is limiting the use of the bar and dining facilities.
Punching passage thru to kitchen, is a mistake, as is loss of firelace.
Don't think it is necessary. If they're going to demo the bar area why was the cove restaurant area recently carpeted?
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Representatives of the Coveleigh Board of Governors have recently announced their intention to proceed with a renovation project for the Cove bar, and have announced that no approval is required from, and no effort will be made to request approval from, the membership. A number of members have stated their objection to the project for a variety of reasons, including:
- Clear disclosure concerning the recent financial performance of, and current financial condition of, the Club and how that may be impacted by this project has not been made,
- Clear disclosure concerning the budget for the project, expected to be several hundred thousand dollars, what other “related projects” have been included or excluded from that budget, what diligence has been done to confirm the integrity of the budget and related contingencies, has not been made. In short, members are concerned about a repeat of the cost overruns of some of our other recent capital projects,
- A concern that the project is not the best use of the club’s limited capital in a way that promotes increased enjoyment of the Club for the most members, that a project of this scale was not contemplated by the membership when supporting improvements generally to the Cove and bar, and that the design is not attractive to many members.
- Objections to the assumptions used to support the proposition that the project will result in significant new net revenue to the club, and
- Other equally valid concerns.
Whatever your reason, this is an opportunity to help deliver the
message that the membership would like to stop the Cove bar renovation project,
for now, until the membership’s concerns can be addressed and informed
judgements can be made about the prudence and desirability of the project with
informed input from the membership.
Updates
November 11, 2018
The board continues to ignore our requests for basic financial transparency. We are currently preparing to escalate our opposition directly to the committee.
Reached 100 supporters
November 11, 2018
28 Comments
I`m presently on my boat in the Fla.Keys, but I don`t think we should spend $ to do away with the FIREPLACE. It`s great in the winter & we have the TIKI Bar for the summer .
I think at this juncture it would be sensible have a dialogue on the spend to provide all members with a fulsome explanation of the rationale of the decision. And obtain insights on membership's thoughts that perhaps were obfuscated in the surveys. It may not change the course of action, but it will help develop a more common level of understanding.
$250,000 seems to be a very small budget for a project with MANY unknowns. The proposed renovation location has multiple potential structural and drainage headaches. This process seems very rushed and has anyone even considered the ROI?
I do not approve any renovation project without prior membership approval. This abuse of spending is unacceptable. I would like a detailed accounting report of all spending for recent decorating and capital projects.
Moving a bar with a view to a corner without a view to make more money is the most naive idea I have ever heard.
This project also seems rushed, as it is moving forward before the new club manager is in place. The new manager should also address the quality of the food, which is limiting the use of the bar and dining facilities.
Punching passage thru to kitchen, is a mistake, as is loss of firelace.
Don't think it is necessary. If they're going to demo the bar area why was the cove restaurant area recently carpeted?
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I`m presently on my boat in the Fla.Keys, but I don`t think we should spend $ to do away with the FIREPLACE. It`s great in the winter & we have the TIKI Bar for the summer .