August, 2006

The Membership survey was mailed to all Members at the end of July and all responses sent to the McMahon Group for analysis at the beginning of September. A total of 1,443 responses were received, and Frank Vain of McMahon is scheduled to present their findings at the end of September.

The Board has approved the overall budget for the redevelopment project and clears the way to put the project processes of cost control, reporting and change management in place. This has included issuing requests for finance (RFF) to a number of financial institutions so that we can secure financing terms for the funding required for the project.