Thursday, September 24, 2020

Hideaway Beach holds Mortgage Burning Party

L-R Director Bill Walsh, President John Barto, Secretary Dick Freeman, Treasurer Gene Siegel and Director Bill Howey. Board members not shown include, Vice President Donna Ryan, and Directors Bob Auten, George Besculides and Ernie Stevens. Submitted

L-R Director Bill Walsh, President John Barto, Secretary Dick Freeman, Treasurer Gene Siegel and Director Bill Howey. Board members not shown include, Vice President Donna Ryan, and Directors Bob Auten, George Besculides and Ernie Stevens. Submitted

On January 23rd the Hideaway Beach Association celebrated a Mortgage Burning Party at their clubhouse. In attendance were more than 400 members, and their guests, to celebrate the occasion. In an era when private clubs are going out of business, or finding themselves in debt, sometimes, heavy debt, it was a refreshing moment when President of the Board of Directors, John Barto lit the flame to extinguish all of Hideaway Beach’s debt. For the past three years the board, General Manager and Department Heads have eliminated all waste and excess spending while at the same time continued maintaining the beautifying the property. Additionally, while holding assessments in line, a significant amount of money has been placed aside to pay for future major improvements to the roads and clubhouse lessening any further financial burden on the members. The membership was delighted to attend the party and expressed their gratification to their leaders for their fiscal responsibility.

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