Message from Mediterra Advisory Board

From the Mediterra Advisory Board:
We are reaching numbers far in excess of even our most optimistic projections. Golf Members 359
Sport Members 89
Social Members 150
We continue to encourage all members to stay current on your dues. It is only through this continued cash flow that BBG will continue to keep the Club operating at its current level until we complete a transaction. Assuming we reach a final agreement with BBG, it will still take a minimum of 4 to 6 weeks to complete the legal closing of a transaction
We are already well over the number of members needed to make the New Club successful. However, we still have work to do, so we are extending the September 15 deadline that you all voted on at our meeting in August to September 25, next Friday. As you know, BBG has required that we obtain a very high percentage of signed Liability Waivers before they will agree to a deal. We already have waivers from all of the rejoining members, and very many of those who for one reason or another chose not to rejoin as Golf or Sport but are continuing as Social. We are optimistic that by allowing ourselves until September 25 to complete this task, we will be very close to where we need to be.
September 25 will be a firm and final date. We will then go to BBG with our proposal to acquire the Club based on what we have been able to accomplish with member signups and signed liability waivers. If any of you are still considering a final decision, we encourage you to do so before that date.
Once again we owe you all a great debt of gratitude for your enduring patience, your marvelous support of our proposal to become owners of the New Club, and our shared hope for a very special Club experience in our future. There will no doubt still be bumps in the road, but we have already dealt with some huge challenges, and we will drive to the finish line.