From the Board
Debt Reduction Campaign Continues
The initial goal of this campaign is to reduce and eventually eliminate
the debt remaining on the irrigation system loan. In support of this effort
signs are posted in the entries to the club showing the current
status of giving. Reducing this debt is very important for the long-term
future of Pine Grove Country Club. The directors urge members to give
serious thought to this issue and give as much as you can. Contributions
can be made to the club office.
Progress Report
| Original Loan Balance, June 2006 |
$480,490 |
| Annual Principal Payment 2006 |
-$ 21,856 |
| Annual Principal Payament 2007 |
-$ 27,449 |
| Annual Principal Payament 2008 |
-$ 35,570 |
| Annual Principal Payament 2009 |
-$ 43,643 |
| Donations as of Dec 16, 2009 |
-$119,516 |
| Member Loan Donations as of Dec 16, 2009 |
-$ 10,000 |
| Balance Remaining |
$222,456 |
2010 Board of Directors
| President |
Paul Bujold |
| Vice President |
Phil Knop |
| Secretary |
Frank Rahoi |
| Treasurer |
Eric Hiatt |
| Director |
Jean Constantini |
| Director |
Jodi LaVarnway |
| Director |
Jim Myllyla |
2010 Director Committees
| Finance |
Phil Knop, Eric Hiatt |
| Future Planning |
Frank Rahoi, Jean Constantini |
| Grounds |
Jim Myllyla, Jodi LaVarnway |
| House |
Phil Knop, Eric Hiatt |
| Membership |
Jean Constantini, Jodi LaVarnway |
| Sports |
Jim Myllyla, Frank Rahoi |
| Publicity |
Jean Constantini, Jodi LaVarnway |