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A SPECIAL MEETING WAS HELD BY THE OBERLIN GOLF CLUB BOARD OF DIRECTORS ON MONDAY MARCH 31, 2008.

This meeting was held to discuss recommendations to reduce the current Initiation Fees, and to extend the current installment payment options. These changes were proposed by the committee formed at the March meeting for the purpose of increasing our membership number. The recommendations proposed will be voted on at the regular meeting of the Board of Directors at the Oberlin Golf Club on April 8, 2008 at 7:00 p.m. The proposals are as follows:

Junior (age 21-35)

5-years

$400 per year

$2,000

Junior & Assoc

5-years

$700 per year

$3,500

(classification/category would be Active or Active & Assoc.)

Active

5-years

$700 per year

$3,500

3-years

$1,000 per year

$3,000

Active & Assoc

5-years

$1,000 per year

$5,000

3-years

$1,500 per year

$4,500

Family

5-years

$1,500 per year

$7,500

3-years

$3,000 first year

$7,000

$2,000 next two years

Rates would be retroactive to January 1, 2008. A packet of information with the 2008 fees and rates would be sent to each current member along with a membership application.

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