June President's Corner
Getting
our ducks in a row.
The officers and some of the club members have always
known that we needed to be prepared when it came time
to purchase land for the club’s future. That time has
arrived. As most of you probably have heard the land
by Hominy was not exactly what we were looking for so
we continue our search. After sitting down with an
attorney, I had a better idea of what we needed to
have and be prepared. Neighbors, water, electricity,
roads, easements, taxes, insurance and a public
accountant, just to name a few. The one thing I do
feel great about is the clubs enthusiasm to get this
all accomplished, so we will have a future for our
club. We have put together a letter of intent with a
card for you to send back to us. Please do so as soon
as possible so that we will have a better idea of
where all the club members stand on this issue.
Thanks for your support.
As the summer heats up and the anticipation of bird
season gets stronger, you need to be watching the
bird count reports from the different parts of
Oklahoma and other states. Right now the panhandle is
having a drought; they have not had any of the rain
that we have had. Bird counts maybe down out there.
The other end of that scale is Iowa, too much rain
and flooding may have washed out the birds. Just a
little heads up might make or break your success this
fall. I anticipate that the fields will be less
populated with hunters because of the gas prices.
Some hunters will not be willing to go hunting as far
as often, but still going for the opener with more
guys to share the cost.
NO MEETING JUNE OR JULY
Sunday shoots are going strong, with 20 plus guys and
gals attending. The wind is a great excuse for not
hitting everything you shoot at. I have found it
works anyway. Thanks to all the guys that have
stepped forward to be the range masters in the past
weeks, sure make things a lot easier.
Dog Care, Fresh Water, Fresh Water and Fresh Water!
GSPTRNR
“Greg”
July President's Corner
Dear
Tulsa Bird Dog Club Members,
As you know, the Tulsa Bird Dog Club has been
discussing purchasing land for field trials and clay
shooting. At the close of the May
27th
2008
meeting it was decided to pursue the matter with the
membership.
Initially, this discussion was focused on a 120 acre
property between Skiatook and Hominy for $120,000. On
May 29th,
Greg Kuhnke met with attorney A.G. Murray and
discovered that the 120 acres are not contiguous.
There is one 80 acre block that connects at a corner
to another 40 acres. It was concluded that particular
property is probably not suitable for what we need as
a club.
Regardless of this particular land's suitability, the
discussion shifted to what must happen in order to
purchase any property. For one, we must have a down
payment, and in order to raise one, we need to save
and accumulate sufficient funds.
We have
discussed a number of ways to achieve this goal and
one would be to increase the annual membership dues
to say $100.00 per year. If we retained approximately
100 members at this rate we could save maybe $8,000
to $10,000 dollars per year for a down payment on a
piece of land.
Once we have the down payment saved, we could then
sell Equity Shares or mandatory owner-memberships.
This would consist of a one-time Owner/Membership Fee
of say $150.00 Each member would receive a
Certificate of Ownership that would be transferable
by gift or sale to another party. Hopefully, as the
land purchased is improved over the years it will
increase in value thus increasing the value of each
Equity Share or Membership. This way even a senior or
seasoned member could join knowing that his
investment can be passed on to a loved one or friend
to continue this hunting tradition.
We are
suggesting that we start the Equity Memberships only
after the down payment has been realized and that
land has been identified for purchase. Soliciting
equity ownerships prior to identifying land for a
future home would be like selling blue sky or a pipe
dream.
The number of people willing to pay the higher annual
dues and purchase shares will determine the amount of
down payment available. The difference between our
down payment and the purchase price will be paid by a
loan from an area bank. Currently, there are two
local banks competing for our business. The size of
our down payment determines how much the new dues
will have to be in order to cover the annual expense
of the loan.
All numbers used above serves as an example only.
Many factors could raise or lower the equity fee and
annual dues.
What do you think?
To determine the feasibility of this proposal, we
need to know whether you are willing to pay increased
annual dues and purchase one or multiple owner shares
to help with the down payment. You do not have to buy
any shares to join the club at this point, but every
member will be required to pay the equity fee once it
is implemented.
The Equity Ownership method of financing and
improving land has been used successfully by many
organizations. The number of Equity Ownerships to be
made available will be determined by the membership
as the number of shares available will also impact
the value of each share. The value of the some
memberships has risen dramatically over a period of
time in some cases increasing 5 to 10 times the
original investment.
We plan to fully discuss this matter at our next
Tulsa Bird Dog Club meeting on
August 26, 2008. We have
described the dream of your TBDC Officers. We need to
know if you the membership share this dream and want
to make it happen. Please be present and be prepared
to express your ideas and thoughts on this matter.
If you have any questions, please do not hesitate to
call one of the officers of the club.
Greg Kuhnke -
Roy
Marshall -
Keith
Lindsay –
Mike Hill-
Chris Jones-
Doug Hardesty-
Jeff Jones-