1. TPC Annual Meeting Presidents Report Park Allen

2. About me Grew up here – swam for TPC Work in Human Resources at a tech firm in SF Volunteer for Town of Tiburon as well – POST My wife Christina & I have 3 girls all @ Del Mar Joined the Board in 2012

3. My philosophy Let Jerry do his job Focus is on member experience Be the “reasonable person” All Board members’ opinions are valid and valued The committees are essential ear to ground, information gathering, recommendations Lastly, set up meetings for repeated success and keep ‘em brief

4. Thank you to outgoing Board members Matt Chattham (served on Café and Tennis committees) Cris Schonefeld (served on Grievance and H&G AND On Nominating Committee – see new furniture)

5. New Board Members 2015 Welcome Michael Carrier and Brian Matthews as new BOG members And thank you Chip Moreland and Peter Winkler who will continue

6. And now… 2014 Highlights

7. The membership vote Café improvements passed 267 to 82 South Property improvements passed 235 to 114 Food and Beverage Minimum passed 184 – 166

8. TPC Challenger Another great TPC Challenger, thank you to all the member volunteers and Scott Potthast.

9. The new furniture Part of the vote Well presented to membership Thank you to Cris Schonefeld, Valarie Behrendt and Shay Kos.

10. Pardon our dust!!!! Café improvements started October 13, the day after the Challenger finished. Had the option to start in the Summer but chose to wait until the Winter months, we anticipate opening in January 2015. More specific info is always available in the weekly emails and especially this coming week

11. Thank you & farewell to Scott Potthast You did a fabulous job, and TPC will miss you (come back and visit!)

12. Tennis Director Search Search Committee selected Criteria identified Interim Director (Brandan Curry) selected Committee reviewing candidates

13. Café Report In 2012, the TPC outsourced the Café to an outside vendor (great in concept!) 2013, the TPC brought the Café operations back in-house Board of Governors decided to change the financial model: – reduce menu prices 10% – incur the 15% surcharge – eliminate private parties in the clubhouse This resulted in losses in 2013 ($200K) and a projected loss of $130K in 2014.

14. Café Report This year Members approved the F&B minimum of $400/year ($200 to be spent during the first 6 months, the second $200 spent during the second 6 months) The forecast for 2015 calls for belt tightening reducing labor costs.

15. Café Report Current renovating the Café, particularly the back of the house to create more working and storage space. Work to be completed in late January 2015 and kickoff the Café with a Super Bowl Party! In September: – Mark Kohtz stepped down – Travis Callison selected as Interim F&B Manager.

16. Any Questions?

17. Who’s up? Treasurer’s Report Committee Reports Swim Committee Pool Committee House & Grounds (done already!) Youth Committee Fitness Committee Café Committee (done already!) Tennis Committee