2024 President's Message 12/6/24

Dec 6, 2024

Dear Members,


Thank you for joining us for the 2024 Annual Meeting, either in person or via Zoom. This meeting certainly had some unexpected outcomes, and I want to communicate a few things that I was not able to cover during my remarks.

As we head into 2025, please know that I, along with the entire Board, will continue to seek member input. As I stated in my earlier letter to the community, your input - no matter what membership class you are a part of - is vital to the club’s success. The Board will strive to provide clear and timely information about club activities, projects, and issues. We are committed to prioritizing member experience, which we expect each of you to feel through every interaction on campus.

We have a busy year ahead as we take the time to thoughtfully plan the projects which will begin in 2026. It will take a considerable amount of time, effort and patience. We will need your wisdom, knowledge and good ideas – we encourage you to participate through our committees and engagement opportunities such as meetings and surveys.


2026 Planned Project Updates:


Clubhouse


The Renovation Committee has expanded and invites additional member participation; an expression of interest is forthcoming.
The priorities of the Renovation Committee will be to finalize key maintenance items within the current budget and then to gather member input on what additional items can be included within the budget. This committee will be tasked with bringing these options to the membership by the end of Q1 2025.


Golf Course Updates 


The survey results showed strong support for beginning course improvements in 2025/26, funded through a bridge bond. Due to permitting, legal considerations, and preparation time, the work is now scheduled for 2026, concurrent with or shortly after clubhouse renovations. 

Click here for: Survey Results | Maintenance vs. Improvement Costs | Course Booklet


2025 Annual Dues 


As mentioned at earlier member meetings, a 10% increase will apply to all membership categories effective January 1, 2025. 

The Board elected to not initiate capital dues at the start of 2025, but rather allow the Capital Funding Committee to initiate its work towards completing a Capital funding plan for the campus by the end of Q1 2025. The committee will present its findings to members in Q2 2025 and implement the plan by mid-2025.

Please be on the lookout for an expression of interest email coming on Monday, December 9th, which will provide further detail on each committee and the work that committee is tasked to undertake.

I look forward to serving you all in 2025. 


Respectfully,
Tracy Jenkins, President 

 


Below, please find a brief recap from the Annual Meeting.


Board Positions 

  • Alan Harden: Resigned, leaving a 1-year vacancy to be filled by the Board*
  • Mike Nicolais: Resigned, leaving a 2-year vacancy now filled by Patrick Nielson. 
  • Ryan Fell, Jim McDermott, and Elaine Lausten: Elected for 3-year terms. 
  • *The Board is currently seeking the right individual to join the board for a 1-year term. As soon as that appointment is made, we will update the community.


Vote on Bylaw Amendments 


Results

  • In Favor: 161 votes (57%) 
  • Against: 104 votes (43%) 
  • The resolution was defeated (required 66.66% approval). 


2/3 Refund-ability Update


The Board made the decision to grandfather all regular members as of 12/31/2024 to receive 2/3 refund-ability upon the sale of their membership. This policy will be included in the membership policies and procedures. All new regular members will be suitably notified that refundability may be changed from time to time by the Board.

By La Cumbre CC July 7, 2025
Governance Committee Update
By La Cumbre CC July 7, 2025
Dear La Cumbre Members, Next week, the Board will be meeting to tackle the important topic of how to fund our capital needs moving forward. As part of this due diligence, we had received an expression of interest regarding the purchase of the Club. To better understand the optionality, the Board has had additional conversations with other interested parties. The Board is actively engaged in long-range financial planning to ensure that we can sustain and elevate the Club for generations to come. As part of this process, we are exploring a wide range of funding options to support the significant capital investments our Club will need over the coming years. This includes traditional approaches like capital dues, transfer fees, assessments, and loans. In the spirit of good governance and due diligence, the Board is also gathering information about alternative funding avenues, including outside capital interest. To be clear: No decisions have been made No offers are under consideration The Board has not authorized any action toward selling the Club What has occurred are preliminary, exploratory conversations intended to fully understand what options may exist. This process is about building knowledge so that if we need to make major financial decisions in the future, we do so from a well-informed position, always with the best interest of the membership and the long-term health of the Club in mind. We understand that seeing outside individuals on the property may have raised questions, and we regret any confusion this may have caused. Our commitment remains: Transparency with our members Adherence to sound governance principles A deliberate, member-centered process We will continue to keep you informed as these discussions evolve. There will be no path forward on any major initiative without full Board consideration and member engagement. Thank you for your understanding and for your ongoing dedication to the La Cumbre community. Tracy Jenkins President, Board of Director sLa Cumbre Country Club
By La Cumbre CC May 12, 2025
Dear Members, Thank you to all who attended the recent Town Hall and Golf Course Project update meetings. Your participation and thoughtful engagement are essential as the board, management, and our committees strive to better understand how we plan for the future of La Cumbre. Over the next 45 days, the Board, Club Management, and the Finance Committee will be developing financial models that reflect the full scope of our campus-wide capital needs. These models will help inform project timing, prioritization, and funding strategies—including potential borrowing. As a reminder, any borrowing the Board recommends which exceeds $500,000 will require a member vote. In late June, the Board will hold a two-day planning retreat to review these options and map out a clear, disciplined path forward. We are committed to keeping members informed and equipped to make thoughtful decisions. We anticipate holding additional member forums to provide the needed context on these matters later this summer. If you were unable to attend the Town Hall, a recording is available HERE . We also encourage members to explore the Governance section of the member website, where you’ll find meeting minutes from all Board and committee meetings. Click the image below or HERE to view our Q1 2025 Update. Please continue to reach out with your questions, comments, and ideas. We deeply value your feedback as we work together to steward the long-term health and vitality of the Club. Warm regards, Tracy Jenkins President, Board of Directors La Cumbre Country Club
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