Earlier this year members responded in large numbers to our first consultation on preferences for development of our clubhouse.

We have now developed a design that addresses everything that members rated highly, which you can see on the right.

The project aims to deliver an outcome of which we will all be proud.

Subject to continuing support of members we will apply for planning approval next year with a view to carrying out the main construction in 2018.

We intend to partially fund the development by offering members the opportunity to subscribe to bonds yielding a better rate of interest than available elsewhere. We have not developed the detail of these bonds but for the moment please assume that they will be in multiples of £1,000.

You will have received an email with a link to a survey and we’d like to know your answers to the following three questions:

1. Do you support the current clubhouse project? Yes/No

2. Would you be interested in lending the club money through a corporate mini bond? Yes/No

3. If yes to question 2 how many multiples of £1,000 might you subscribe to? Number:

While the answers to 2 and 3 are naturally not binding we will be using the answers to assess the overall viability of this idea so please answer with this in mind.