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Transcription:

We[come! Locateain J\{oyth Nay{es ananest{easeyene{y a{ong the Cocofiatcfiee Rivey, CorCiey's Reseyve fiords the cfistinction of6eing na11'watfie lvoy{as fi'rst JJ..ucfu6on Inteynationa{ SignahLYe Sanctuary..A.yrivate, 1nent6eY-01Vneacfu6, Co{Ciey's Reserve seyves as a yefuge aemcateato yyotecting the area's aecicate "wi(a(ije ana su6tyoyica{f{ora. ''"'~~~~~~ ;r.">;<>~f~'(;::~';:;:,,;~~

FACT SHEET LOCATION: PHONE: WEBSITE: DESCRIPTION: Collier's Reserve Country Club 11711 Collier's Reserve Drive Naples, FL 34110 (239) 597-7200 \vww.colliersreserve.com Located in North Naples and nestled serendy along the Cocohatchee River, Collier's Reserve holds the distinction of being named the world's first Audubon International Signature Sanctuary. A private, memger-owned club, Collier's Reserve serves as a refuge dedicated to protecting the area's delicate wildlife and subtropical flora. OPEN FOR PLAY: USGA TEES & YARDAGES: 1993 With six sets of tees, from championship lengths of 6,777 to the forward tees of 4,953 yards. Tees Course Rating Slope Rating VI 73.4 140 V 71.7 138 IV 70.4 131 III 69.3 124 II 68.0 118 1 64.9 109 PLAY POLlCY, Members may request tee times by com.pleting a Starting Time Request Card available at the Golf Shop or online at the Club's website. Starting times will be available after 3:00 pm, three days prior to the requested date on the Club's website.

OWNERSHlP: Member-Owned Club since 2003 COURSE ARCHITECT: DlRECfOROF GOLF: GOLF COURSE SUPERINTENDENT, GRASSES, PRACTICE FACILITY: GOLF AMENITIES: OTHER CLUB AMENITIES: MEMBERSHIP PROGRAMS: DIRECfOROF MEMBERSHIP: MEMBERSHIP GALLERYI Arthu r Hills Arthu r Hills Design Toledo, Ohio Dave McQuade Nicholas von Hafen Greens: TifEagle Tees: Seashore Paspalum Fairways & Roughs: 419 Bermudagt ass Practice facilities include a driving range with two tees and teaching tees on both ends of the range. two chipping greens and one putting green. An elevated full-service clubhouse overlooking the 18 hole, with a golf shop, grill restaurant. lounge and attendantserviced gentlemen's and ladies' locker rooms. Also available are cart and club storage and equipment rental. Other membership benefits include tennis, swimming, fitness center and massage room. Members also enjoy the dining experience at the charming Boathouse Restaurant that sits on the Cocohatchee River as well as dining and social events at the beautiful, award winning Clubhouse. See attached insert Alesia Palmer Collier's Reserve Country Club 11711 Collier's Reserve Drive Naples, FL 34110 (239) 254-2842 apalmer@colliersreserve.com

Financial/Membership Overview ff.. Why join Collier's Reserve Country Club? I. A Premier Club in a unique Community: e Centrally located in North Naples & World's first Certified Audubon Signature Cooperative Sanctuary (3 18 hole Arthur Hills designed golf course G Only 300 total golf memberships G Member owned Club since 2003 e Dining, tennis, fitness, full social calendar of events to Include Women's Club & Men's & Friend's Club activities <II e The Club is part ofthe 450 acre, 24 hour gated community of Collier's Reserve Collier's Reserve Community is a 224 single family home community II. Solid Financial Position: It o El lj l!l Over $750,000 maintained in capital reserves consistent with By-Laws Over $200,000 funded annually for facility replacement and repairs Approximately $6.0 million invested in golf course, clubhouse and associated facility improvements since becoming member-owned in 2003 No debt other than lease obligations for golf course equipment There have been no operating assessments. Only capital assessments have been for complete renovation of clubhouse, fitness center and new member services building in 2005/2006. (l Annual audited financial statements with unqualified opinion

Collior's Ro!:crvc Country Club As of 4/1/2010 Membership Types Resident & Non-Resident GOLF Membership This membership Is an option for those who own a home in the Colliers Reserve Community or a neighborhood or community outside of Collier's Reserve. Golf Membership Benefits Benefits of this membership include unlimited year round golf, tennis, swimming, fitness center and massage room. Members also enjoy the dining experience at the charming Boathouse Restaurant that sits on the Cocohatchee River as well as dining and social events at the beautiful, award winning Clubhouse. Associated Fees: Initial Fee: $40,000 Non-Refundable Annual Dues: $10,508 Monthly: $875.67 (dues are subject to 6% tax) Other Fees: Golf Cart (per person for 18 holes): $26 Annual Locker Rental: $150 half $200 full Annual Trail Fee: (for residents w/own cart only) $1,843 Bag Storage & Range: (included in dues) NC Repair/Replacement Reserve: (billed monthly) $110 Annual Food & Beverage Minimum: $1,300 Fees are subject to change Resident & Non-Resident SPORTS SOCIAL Membership This membership is an option for those who own a home in the Collier's Reserve Community or a neighborhood or community outside of Collier's Reserve. Sport SociallV1embershlp Benefits Benefits of this membership Include unlimited golf from May i-october 31 of each year. From November l-april30 of each year golf is limited to 6 times at a member guest rate & must play with an Equity Golf member. Tee times after 10:00 am Nov-Dec. Tee times after 11:30 am Jan-April. Tennis, swimming) fitness center and massage room. Members also enjoy the dining experience at the charming Boathouse Restaurant that sits on the Cocohatchee River as well as dining and social events at the beautiful, award winning Clubhouse. Associated Fees: Initial Fee: $40,000 Non-Refundable Annual Dues: $4,429.60 Monthly: $369.13 (dues are subject to 6% tax)

Other Fees: Golf Cart (per person for 18 holes): $26 Greens Fee (from Nov 1 to Apr 30 only): based on current rates Annual Locker Rental: $150 half $200 full Bag Storage & Range (included in dues): NC Repair/Replacement Reserve (billed monthly): $110 Annual Food & Beverage Minimum: $1,300 Fees are subject to change Executive GOLF Membership This membership is for people who are year round residents of the Naples area and that live outside of Collier's Reserve Community. You must be 50 years of age and younger. Associated Fees: Initial Fee: $4,000 I\lon-Refundable Membership Annual Dues: $7,008.84 Monthly: $584.07 Dues are payable at 2/3 annual golf dues and are subject to 6% tax. This membership is limited to ten memberships Other Fees: Golf Cart (per person tor 18 holes): $26 Annual Locker Rental: $150 half $200 full Bag Storage & Range (included in dues): NC Repair/Replacement Reserve (billed monthly): $110 Annual Food & Beverage Minimum: $1,300 Fees are subject to change Initial deposit of $4,000 is due with the submission of an application. Then; $4,000 will be paid on or before the second, third, forth and fifth anniversary dates of the acceptance of an application. On the sixth anniversary of the members acceptance, the unpaid balance of $20,000 would be due. In the event you reach age 50 before the sixth anniversary the unpaid balance of the initial fee of $40,000 will be due and payable on the date of such birthday. In the event of a termination of membership prior to becoming a full golf member, no part of the Club Fee paid toward the full golf membership will be refundable. This is a non-equity membership. Also a non-voting membership until the full $40,000 initial fee has been paid. To become a full golf member, the applicant must pay the difference between all sums previously paid and the applicable initial fee for a full golf membership. Applicant will also be required to pay the prorated share of the annual dues of a full golf member. Benefits of this membership Unlimited golf play after 12:00 November lto April 30 of each year (earlier if availability and approval from the Golf Professional). No play restrictions on weekends or from May 1 to October 31 of each year. Eligibility to play in all club tournaments and special events, space

dvdili:lbl~. Non-Resident. Non-Refundable GOLF Membership ThIs membership is an option for those who reside in a neighborhood or community outside of Collier's Reserve. Associated Fees: Initial Fee: Non-Refundable $40,000 (payment plan below)* Annual Dues: $10,508 Monthly: $875.67 (dues are subject to 6% tax) *Initial deposit of $10,000 Is due with submission of application. Then, the balance of $30,000 as follows: $io,ooo on or before October 31, 2010; $10,000 on or before October 31,2011; and $ID,OOO on or before October 31, 2012. Other Fees: Golf Cart (per person for 18 holes): $26 Annual Locker Rental: $150 half $200 full Bag Storage & Range (included in dues): NC Repair/Replacement Reserve (billed monthly): $110 Annual Food & Beverage Minimum: $1,300 Fees are subject to change Non-Refundable Golf Membership Benefits Benefits of this membership include unlimited year round golf, tennis, swimming, fitness center and massage room. Members also enjoy the dining experience at the charming Boathouse Restaurant that sits on the Cocohatchee River as well as dining and social events at the beautiful, award winning Clubhouse,

T/ianfi you for visiting Co{{ier's Reserve Comntunity andc{uf3! sliou(cfyou fiave aadltiona(questions regarcfing a :Me1n&ersliiy to Co(Rer's Reserve Country C(u&, or wou(aake a Jurrtour ojour magnificentjaciaties ana golf course, contact..jj.iesia Parmer, :JvlemEersfiiy 'Director at 239-254-2842 or emai{aya[mer@co[(iersreserve.com. J{ave a wonaerju(aay!