Congratulations everyone!
We approved the motion and our new courts can move forward… well almost. What we have is a little bit of the cart before the horse. Not in a bad way. We needed to prove our intent to stimulate yours.
The rebuilding of our tennis courts is now, more than ever, in your hands. As a neighborhood, we must raise, through private donations, the first half of the money necessary for construction. We do that through our donations to The Tower Lakes Community Foundation. Only when those donations reach their goal will it trigger the TLIA Board to act on your approval and authorize the capital funds to complete the project.
I am a huge supporter of the project. I’ve pledged our family’s donation already, so have many other people. But it’s a long way to our goal of $50,000. If we can raise more, great. That means that less will be required from the TLIA Capital Fund to complete the project this spring. This “spring” is the key. We will have to commit to construction before winter is out to assure spring 2016 construction. The sooner you pledge, the better off we will be.
The deadline for donations to TLCF is February 1, 2016. TLCF is a registered 503(c) organization so your contribution is tax deductible. Make sure that in the memo portion of your check you write, “for Tennis Courts.” That earmarks the funds for our project. With the window open from today through Feb. 1, 2016 you have the opportunity to choose which tax year benefits you most: 2015 or 2016.
I urge you to to donate as soon as you can and as much as you want. The choice is yours and the tennis courts will be ours.
Make your checks payable to Tower Lakes Community Foundation – P.O. Box 6061 – Wauconda, IL 60084 (in the memo: tennis courts). You will soon be able to donate via their website as well. No minimum amount is required. Any amount is appreciated and every dollar moves us closer to our new courts.
I want to pass along a huge thank you to the entire membership of TLIA for stepping up to this project. New tennis courts will be a great benefit to our community for years to come. If you have questions about donating, or want to hand over a donation personally, contact Mary Magro at 847.469.8760 or Kathy Covek at 847.526.8871.