The Charbonneau Villager Newspaper 2019 Sept issue Villager newspaper | Page 17

THE CHARBONNEAU VILLAGER 17 September 2019 Charbonneau Golf Club, Inc. By JOE BROUILLETTE From rumor to reality On July 23, the Charbonneau Golf Club, Inc. hosted its 2019 annual meeting of shareholders. We shared that our rela- BROUILLETTE tionship with OB Sports has begun to pay off. We have transitioned nu- merous functions with their sup- port, resulting in significant cost savings. Revenue growth has been achieved through diligent applica- tion of their marketing programs. Results speak for themselves. We reported: ■ Revenue Growth of $151,469 ■ Net Operating Income (NOI) im- ■ This year ($114,870) ■ June 30, 2019 cash balance in in- vestment accounts $2,352,000 The Charbonneau Golf Club is a private corporation that receives no support from Charbonneau Country Club or the HOA’s. All of its revenue comes from Golf Club Sales (green fees, cart rentals, food, etc.) and reve- nue from use of other facilities (tour- naments, weddings, business meet- ings, etc.) No portion of dues go to supporting the Golf Club. We introduced to our shareholders two new developments: ■ An expanded lease agreement for the golf Club to use the Patio Ter- race and other CCC facilities to host revenue producing events. The Golf Club will underwrite the cost to cover the Patio Terrace as a contribution to this unprecedented arrangement. ■ Formal discussions are under- way to determine opportunities to combine the Golf Club and Country Club into one entity. proved by $107,488 ■ Last year ($222,358) See GOLF CLUB / Page 18 CHARBONNEAU VI LL AG ER VOL. 42, NO. 2 Q FEBRUARY Q CHARBONNEA U, OREGON 2019 PRSRT. STD. U.S. POSTAGE PAID GRESHAM, OR PERMIT NO. 32 Inside the Villager New year, new management — Page 2 Thank you, Cindy! — Page 10 Singles club goes all female — Page 15 Changes for board nominations — Page 8 Plus Event Calendar, all club reports and more! Published by Experience | Integrity | Solutions With love in their hearts — Page 6 JON HOUSE PAMPLIN MEDIA GROUP PHOTO: ADVERTISE IN THE VILLAGER! Business Law Elder Financial Abuse Consumer Protection Personal Injury Reach every resident in Charbonneau. 8755 SW Citizens Dr., Suite 202 Wilsonville 503-570-8755 www.wilsonvillelawyer.com Contact Jesse Marichalar 971-204-7774 [email protected] Charbonneau Book Club By DOROTHY HOCHHALTER We are back to two meetings a month September brings the Book Club two best sell- ers. On Sept. 10 we will discuss the beautifully written HOCHHALTER “When the Craw- dad’s Sing” by De- lia Owens. This is a coming of age story of a very young girl left alone in the marshlands of North Carolina and how she survives will gulls and sand as her friends. She is happy with this lonely life until she blossoms into a beautiful girl who needs to be touched and loved. Noticed by two young men and the suspicious death of one of them, the village takes sides when she is accused of murder. I guaran- tee this book will become a favorite. Owns has written nature books in the past but this is her first novel. On Sept. 24 we will review “Be- coming Michelle,” the memoir of for- mer first lady Michelle Obama. Be- ing in the spotlight was not her de- sire as she was growing up in Chica- go, excelling in school and eventual- ly becoming an attorney but this all changes when she fell in love with Barak Obama and his aspirations in- cluded the White House. One thinks of the glamour of life as the “first la- dy,” but the loss of privacy and the constant scrutiny by the populace becomes a reality. This book has re- ceived a lot of publicity so we should have a spirited discussion. A reminder to everyone: We are back to our format of two meetings per month. Our reading list includes both fiction and non-fiction. I hope to see you at the Charbonneau Country Club on the second and fourth Tuesday of each month from 1-2:30 p.m. We welcome visitors. I can be reached at dotsmyname@ comcast.net. F ITNESS C ENTER The Charbonneau Fitness Center is only $60 for a six-month membership. Contact the CCC offi ce to sign up.