How can Tura stand alone without Merimbula-Imlay Bowling Club?
As the CEO, Damien Foley, said in his March Information night address to the members “It was expected that Tura would be able to stand on its own two feet and be self sufficient [after enlarging and renovating the club house]. For the last two years Tura has been self sufficient. The Board’s policy of neither venue subsidizing the other is consistent with this objective.” There has been no subsidization of Tura Beach over the past two years. In applying for a liquor license it is necessary, among other things, to prove financial viability. If the Office of Liquor, Gaming and Racing (OLGR) is not satisfied that the club meets viability requirements then the de-amalgamation would not proceed. Tura is fortunate in that it has been self sufficient over the past two years (as well as for the current financial year) with good cash flows and will have audited evidence of this.