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Dear
Swimmers
In December,
WMST will be initiating a Capital Fund Campaign to set aside funds
in anticipation of building a new pool. In the past, there has been
discussion about the possibility of building a second pool next to
the CISD Natatorium, and while that is still a possibility, there
are several other options which may be more attractive.
An additional
pool would give us the opportunity to own and operate our own
facility. It would provide greater flexibility in practice
times and lane availability, and would eliminate the scheduling
conflicts faced in utilizing a school district pool such as weekend
swim meets and school holidays.
Beginning early
next year, we will begin investigating all of the possibilities in
earnest. What has become obvious is that, at some point, we will
have to have funds available to invest in whatever opportunity
presents us with the best solution for our program. Rather than
wait until the need has arrived, it is the decision of the Capital
Fund Committee, supported by the Board of Directors, to be
proactive in anticipating our financial involvement and to move
forward with the campaign now.
There are
several things you need to know about this Campaign. First, any
funds raised will be restricted to investment in capital
improvements – under no circumstance will they be used for
operating expenses. Second, before any expenditure of these funds
is made, the plan will be presented to the entire team for
approval.
The goal for
2010 is to raise $100,000. If you choose to participate, you may
select an amount that is comfortable for you. We would prefer that
you make a monthly donation through your WMST account, but will
certainly accept one time gifts if that works best for you.
Remember that WMST is a 501.c.3 non-profit corporation and that
gifts are tax deductible. Forms will be available on the website
beginning in December. We will also have them at the Christmas
Party on December 19th.
Any questions
can be directed to the members of the Capital Fund Committee
–
Steve
White
,
Chair;
Dave
Smalley
;
Craig
Charbonnet
; and Tom Boak. Thank
you for your consideration.
Sincerely,
Steve
White
Woodlands
Masters
Capital Fund
Chairman
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