Gentlemen,
Thank you to all the brothers, friends, and family who came out to celebrate
another year of Theta Chi. By many accounts, this Crab Feast was
the best in years – back at the house, crabs prepared to order, tons
of bbq, games for the kids, great turnout. A special thanks to Jason
Tepper whose hard work, selflessness, and generosity ensured the day was
enjoyable for everyone. We would also like to thank those whose donations
helped defer the cost of Crab Feast. In all, the event costs $3,500
and donations surpassed $2,000. To but that in perspective, last
year’s Crab Feast at Bentley’s cost over $4,500 and donations
totaled less than $900.
During the annual meeting, several pieces of business were discussed. The
first two established an anniversary date for our major events – Crab
Feast and the Homecoming Golf Tournament. As resolved, this Crab
Feast was the 35th anniversary and this coming golf tournament (Oct 20)
will be the 25th anniversary. The third piece of business was to
discuss the renovation plans. The Alumni Corp presented its work
to date including conceptual drawings, business plan, schedule and financial
analysis. The brothers voted in favor of continuing to develop
the current plan. Based on the current plan, the house will be
closed starting June 2007 and remain unoccupied until July 2008. Attached
you will find a presentation that outlines the business plan, the financial
analysis, and the conceptual drawings. Please take a few minutes
to review these documents online ( here ).
In the coming months, fellow brothers will be reaching out to you to
discuss your interest in investing in the rebuilding of the chapter house. The
plan is to create an organization of investors whose primary responsibility
is to manage the property and service the debt. It is similar to
offering stock in a small business. For those on board with investing,
we will be looking for seed money to further develop the required construction
documents and legal documents to underpin the renovation project. Please
keep an open mind and appreciate the importance of this request.
The following brothers helped make Crab Feast a great event this year!
• Yanni Angelakos
• Chris Avore
• Sean Bailey
• Jeff Childs
• Albert Esposito
• Rob Gibbs
• William Goodwin
• Barry Kohn
• Ian Konowitch
• Doug Logue
• Doug Lunenfeld
• Tim McConaghy
• Dennis Menis
• Mark Salamone
• Lance Schwartz
• Jason Tepper
• Josh Tobin
• Kevin Wyler
Fraternally,
Sean
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