Deerpath Golf Course Renovation Project Phase 2 Booklet | Page 5

DEERPATH GOLF COURSE R E N O V AT I O N P R O J E C T P H A S E T W O The Future is Now! PROJECT OVERVIEW Philanthropy is in the DNA of Lake Forest residents. We have long promoted public-private partnerships as a way to improve various aspects of our community: Ragdale, Market Square, Forest Park, Elawa Farm, and Gorton Community Center have all benefited by the generosity of our residents. Now it’s time to improve Deerpath Golf Course using this same proven strategy. Deerpath Golf Course has been enjoyed by multiple generations since its founding. In 2007, the course ended its recent period of self-sufficiency and new funding models had to be employed to keep it going. The course managed on reserves for several years and then the City began subsidizing the course through the Parks and Recreation Department. Hiring KemperSports Management in 2012 helped add efficiency to the operation but at the same time the course was getting older and it was clear that course improvements were necessary if it was to continue to attract Lake Forest residents as well as other members of the public. Lohmann Golf Design helped determine the needed projects for the course and the City of Lake Forest committed $1.5 million to support now completed infrastructure improvements including: • • • • Extensive club house renovations Expanded terrace and landscaping Continuous, paved cart path Tree removal and other work on the course itself This project hopes to raise $3.5 million in tax deductible private donations which will be used for the following: ESSENTIAL IMPROVEMENTS: • • • Indoor Cart Barn $550,000 Halfway House/Restroom Improvements $385,000 New Golf Cart Fleet $340,000 TRANSFORMATIVE ELEMENTS: • • • Golf Training Center Short Game Area/Putting Green Driving Range Expansion $1,100,000 $385,000 $220,000 FUNDS FOR THE FUTURE: • Debt Retirement $520,000 We are heartened by the excitement in the community with the improvements already undertaken and the belief that DPGC is well worth additional investment. We have a strong team on staff at DPGC and our junior program is absolutely thriving. Your participation in this project is deeply appreciated! Please see pages 16-18 or visit www.FriendsLFPR.org for more information on how you can make a tax deductible donation. The pledge period for gifts extends to December 31, 2020 so a multi-year payment plan is an option. All gifts over $1000 will be noted on a donor board in the Clubhouse. There are naming opportunities at the level of $100,000 and above. Questions about this project can be directed to [email protected] or [email protected]. October 2018 REVITALIZE • IMPROVE • PRESERVE 3