As outlined on above, the architect James Garvan is due to submit the design plans and development application to Woollahra Council in mid-September with a view to receiving approval before the end of this year. This will enable construction drawings and tenders to be called for in early 2018. Subject to funding, construction will commence after Easter 2018, with the project due for completion by spring 2018, ahead of the 2018/19 summer season. It is envisaged that completing the works over winter will help reduce the impact on members’ use of the Club. It will also enable the redevelopment to take place at the same time as the remediation required for the walls, door and window lintels, and roof of the Clubhouse.
If both the redevelopment and remediation can be carried out simultaneously, it is estimated this will result in significant savings, possibly in the order of 20% of the total cost of the combined works.
As also outlined above, the first round of donations raised over $300,000 from approximately 10% of the Club’s membership. Adding to this amount a number of these and other members have pledged to donate a further $140,000 this financial year. As a result, donations received so far, plus these pledges will potentially take the current total close to $450,000. In addition, there may be funds available from the development fund which members contribute to as part of their annual subscriptions.
As previously advised, the essential remediation to the walls and roof will be funded from the Club’s existing financial resources. While the response to date and donations for the redevelopment have been tremendous, the target for voluntary fundraising is $850,000, leaving an amount of over $400,000 still to be raised through the Australian Sports Foundation’s tax deductable donations program.
How You Can Help!
The $300,000 already raised, and the future pledges, have both come from the generosity of a relatively small number of members. Almost 90%, or over 450 members have yet to donate or make a pledge towards these fund-raising efforts. While understanding that everyone has a different motivation and ability to contribute, your committee would like to ask all members to help to secure the future of our Club for current and future generations of members.
As advised earlier in the year, the committee decided not to make a compulsory call on members, but this inevitably means the club is dependent on the generosity and financial support of members to ensure the redevelopment can proceed as early as possible.
Members can make their donations directly through the Australian Sports Foundation website, with all donations being 100% tax deductable. Visit https://asf.org.au/projects/royal-prince-edward-yacht-club/
Alternatively, if you would prefer, included with the letter that was sent to every member, is a donation pledge form which can be completed and returned to the club by mail, fax or email.
You can download the form here too: Donation Pledge Form.
Like to know more?
There will be a further information session held at the club on Tuesday 19th September at 7:00 PM. All members are welcome to attend to ask the committee and the architect questions regarding the plans, timing and funding of this exciting stage in the club’s history and its future. Updates are and will continue to be available on the club’s website www.rpeyc.com.au. Alternatively, comments can be sent to The Secretary, PO Box 2502, Bondi Junction NSW 1355, or emailed to email@example.com.
September 1, 2017