Deb Tebbs Group

Cascade Sotheby's International Realty

Pronghorn Update! (June 2013) – Key Development Milestones

Below is an email directly from Pronghorn covering the status of new development. Very exciting stuff!


pronghorn-logo

May 24, 2013

RE: Update on Key Development Milestones

Dear Pronghorn Property Owners and Club Members,

Welcome to Summer 2013 at Pronghorn!!! We all are excited to hear from many members about how great the golf courses are playing. A lot of hard work from the maintenance staff over the last 12 months, as well as some cooperating weather early in the season, has helped to accomplish this goal.

I am happy to update you on some key accomplishments and milestones for Pronghorn.

The following are the highlights since the last update was sent to you in February:

Development

–          A new Improvement Agreement (IA) with Deschutes County was finalized in the first quarter of 2013. The new IA brings Pronghorn Resort into compliance with all County codes and ordinances

–          SB Architects was engaged In April to commence conceptual design and planning for the new hotel

–          Overnight lodging facilities, an improved spa, new banquet facilities and other improvements are currently in the early design phase

Pronghorn Club and Resort

–          The Club & Resort is now free and clear of any debt or encumbrances

–          New member & guest transportation fleet delivered in May 2013 (3 Suburban LTZs)

–          New equipment has been ordered for the Fitness & Movement Studio, which ls planned to be in place in June

–          Auberge will announce Pronghorn Lodge facilities in June

–          A marketing and promotion campaign will be launched to promote the lodge and additional resort improvements

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