1. GCC Kitchen & Dining Improvements Project Agenda Opening Comments Timeline Project Committees Special Thanks Questions & Answers

2. Opening Comments We were simply wrong on initial estimate – Tried to calculate it like a residential expansion and did not take into account commercial nature of expansion, HVAC, sprinklers, site work… Does not diminish need for the project We have refined the project to bring it down from $4M to $2.7M with $300K contingency

3. Opening Comments (cont’d) Hard choices were made to get to $3M – A paneled fireplace instead of a grandiose masonry fireplace…more in keeping with Owls Nest’s numerous beautiful fireplaces – A 14’ high beamed flat acoustical ceiling instead of a 26’ timber framed cathedral ceiling, not typical of Lindeberg design – Considering a faux slate or standing seam metal roof instead of trying to match slate on Owls Nest – Modifying retaining walls to reduce structural nature

4. Opening Comments (cont’d) – Reduced costs but have not reduced scope or quality Dining and bar focused on beautiful views Kitchen layout and equipment fully renovated Bathrooms fully renovated Hallway added front to back to bypass banquet events Youth Center located in Owl’s Nest

5. Timeline October 2012 – Based upon ongoing challenge of attracting members, 2009 GCC Membership Survey, and following industry trends, a meeting is set up with Frank Vain of the McMahon Group to discuss options December 2012 – Frank Vain meets with Jim Davis, Eric Holloway, Melinda Penn and Kurt Faller. Open discussion about private club trends and McMahon Group assisting GCC

6. Timeline (cont’d) January 2013 – GCC Board of Directors Retreat- based on LRPC recommendation there is unanimous and enthusiastic support to hire McMahon Group to lead us through exploring facilities upgrades February 2013 – McMahon Group hired after thoroughly vetting and negotiating contract – GCC Construction Project Committee (Anne Martelli, Greg Pettinaro, Jim Everett, Kurt Faller, Melinda Penn, Tony Thompson, Michael Dougherty, Jim Davis, Eric Holloway, Cindy Love, Lisa Frankel, Shaw Taylor, John Wolak) is convened

7. Timeline (cont’d) – Jim Davis, Eric Holloway, Melinda Penn and Kurt Faller meet with Mark A. Hewitt to discuss potential thoughts for a bar, renovated kitchen, dining room…. Mark A. Hewitt is chosen because he is the foremost expert on Harrie T. Lindeberg who designed the Owls Nest. March 2013 – GCC Kitchen & Dining Improvements Project Committee meets with Frank Vain and Mark A. Hewitt to discuss ideas for renovating the kitchen and adding a bar and dining room. At this meeting the idea of changing the layout of the Owls Nest so that a hallway can bypass the “public” side of the club is considered

8. Timeline (cont’d) April-May 2013 – GCC Kitchen & Dining Improvements Project Committee meets with Mark Hewitt and works through many revisions on design to come up with general idea of layout which gets further refined over next year. June 2013 – Eric H & Jim D meet with The Pelsa Company and New Castle County Land Use Planner to review project. Historic Register Status Reviewed and Determined Not Impacted by Project. Need to engage Fire Marshall, DNREC and DelDot.

9. Timeline (cont’d) July 2013 – Ongoing planning with the McMahon Group on developing presentation for the membership to explain the project and motivations behind the project. Board meets with McMahon Group to review and refine upcoming Town Hall Member Presentations – Eric Holloway, Jim Davis and John Wolak meet for lunch with PNC, WSFS, M&T, Univest, Bank of America, and Fulton Bank. All but PNC present term sheets

10. Timeline (cont’d) August & September 2013 – Two Town Hall Presentations to GCC Membership – Presentations video taped and hosted on GCC website Fall 2013 – The rest of 2013 is spent refining drawings in order to develop construction drawings with which to bid the project. This nuts/bolts portion of the development involves meetings with the kitchen designer and interior designers in order to develop the actual specification from which to bid the project. It is a slow and time consuming process. All the while the Pelsa Company is working through the development plan and developing their drawings with the correct detail with which to present to NCC.

11. Timeline (cont’d) Winter 2014 – The construction plans are coming together for the bidding process to begin. The Pelsa Company in conversations and a meeting with NCC including Jim Davis and Eric Holloway in attendance determine we will need a variance for parking and subsequently a well head protection area. We hire an attorney, Gary Bride, to assist on these issues

12. Timeline (cont’d) Spring 2014 – GCC solicits bidders and begins process of bidding project. 6 bidders solicited, 2 decline, 4 bid on project. Initial requests to Signature Construction, Dewson Construction, Snyder Crompton Associates, Nason Construction, Emory Hill and Bancroft Construction (as differentiated from Bancroft Homes)

13. August 2014 – Four bids are received and range from $3.7M to $4.4M. Project Committee convenes to review bids with architect in attendance. Options are discussed such as pricing on slate versus faux slate, and eliminating construction entrance versus using present entrance, and reducing retaining wall coverage for patio…. Nick Fedyck does quick revision on drawings and specifications asking contractors to make suggestions as well for cost reductions and asks for rebids. Timeline (cont’d)

14. September 2014 – Rebids are received from 2 contractors. Both contractors are interviewed and bids are discussed in detail. – Project Committee recommended $3M project and Bancroft Construction. Board approved unanimously at September meeting

15. Project Committees Interior Design Committee – Members-Melinda Penn, Catherine Miller, Michael Dougherty, Kathy Zabel, Anne Martelli, Eric Holloway, Jim Davis – Purpose-to assist in developing the interior look and feel of the new and renovated spaces associated with the Kitchen & Dining Improvements Project – Interviewed Roseanne Brown, Ron Fenstermacher, and Archer & Buchanan. Chose Archer & Buchanan and negotiated contract. – Met with Archer & Buchanan three times to work on the details for the various spaces. Visual boards in process

16. Project Committees (cont’d) Kitchen Design Committee – Members-Jim Everett, Michael Dougherty, Peter Fontaine, Jim Davis – Purpose-to develop layout of new kitchen space and equipment necessary for new space reusing existing equipment if possible – Interviewed three kitchen design firms- Profitable Food Facilities (national company found through CMAA), Culli Quip out of New Jersey and chose Barry Harden of Commercial Food Service Design Consultants – Met with Barry Harden three times on site and developed equipment listing and layout for new kitchen

17. Project Committees (cont’d) Construction Architect Committee – Members-Eric Holloway, Kurt Faller & Jim Davis – Objective to convert Mark Hewitt’s conceptual drawings to “biddable construction documents” meeting NCC Code. – Interviewed three commercial architects-Dave Dalby, Mark Hitchcock – Architecture Plus, and chose Kevin Wilson and Nick Fedyck of Architectural Alliance – Have had multiple meetings with Nick to refine and further refine drawings to obtain optimal use of space

18. Special Thanks Michael Dougherty Kurt Faller Greg Pettinaro Melinda Penn