As a result of member control, a member-owned club more assumes the characteristics of its membership. The Club experience and lifestyle are enhanced by the heightened interest and participation of member-owners and the greater continuity in the membership, which is found in the member-owned club. Member ownership also creates a greater cohesiveness within the community.
Member-ownership answers the open questions as to what will become of the Club Facilities in the future, by clearly establishing which entity will own and control the Club Facilities after the development of the Iron Horse residential community is complete. The members themselves will ultimately set the rules and costs of membership privileges.