Q. Who are you and what is
your background?
A. My name and address are
listed below.�I grew up in Riverdale, and have lived in Fayette County
for 30 years.�I am 54, married to Vicki Turner for 34 years and have two
grown daughters, Christy & Michelle. I am the president of AIS Computers,
a company I cofounded 21 years ago.
Q. What will be the structure
of this group?
A. This has not been finalized
yet. My initial thought is to form a group of approximately 15 investors
primarily made up of patrons of the center who would provide broad oversight.
There would also be a core group of 3 to 5 people that would be more hands-on.
Q. What will it cost me to
invest in this and what are the risks?
A. My current plan is to ask
15 investors (including myself) to put up $10,000 each.�We would use this
for operating capital. I would hope that in 3 to 5 years we could repay
this to you. We are also looking at the possibility of offering you a
Gold membership for $10,000 that would be good for X number of years and
have some benefits over what a regular membership currently provides.
(I am sure that I have probably violated some security law with the above
statement so maybe adding the disclaimer that I am neither a lawyer or
a CPA will keep me out of the pokey and yes, you could lose all your investment.)
Q. How much will I earn on
my investment?
A. You will have great returns
in the benefit of knowing that you played a part in ensuring that this
world class tennis facility will continue to provide our community with
a great place to play tennis.�We have no plans to provide any financial
returns to the investors beyond your original investment.
Q. Do you really think you
can find 15 people willing to put up this much money?
A. The response I have received
so far from the community has been outstanding.�I have verbal commitments
for about 75 percent of what is needed.�So far this idea has been very
easy to sell.�Friday (Oct. 4) after the Citizen News article hit the streets
with a short overview of our idea I received four inquiries from people
interested in helping.� After a few minutes of explaining the idea, 3
of the 4 committed to put up $10,000.
Q. Who will this group report
to?
A. At present we will report
to the PTC Development Authority.�Due to the ever-changing political landscape
I would like to see this group be constructed so that it could continue
even if it needed to report to the city at some point.
Q. I don't have $10,000
to put up.�Is there a way I can help with this effort?
A. Yes.�One of the main reasons
this venue is so great is due to thousands of hours contributed by so
many volunteers.�I expect this to continue.�We need lots of input and
help so please don't shy away from us. Specifics aren't known
yet.
Q. Does this group have the
expertise to accomplish this?
A. We are not just a group
of racket-swinging tennis addicts (although my wife accuses me of this
at times).�We are a group of people with many years of business experience.�We
are business leaders, doctors, lawyers, financial executives and yes,
some even have experience in tennis center management.
Let me give you an example
of one individual in our group.�Most of you may know Terry Maple and for
those of you that don't, he is the person who drove the Atlanta Zoo
to become one of the best in the world.�He is a PTC resident who has committed
to support this effort.�This is a person with experience in running enterprises
that are supported by public, private and sponsorship funds.
Q. Will public tax dollars
be needed to run the tennis center?
A. Most likely some of the
hotel/motel tax dollars will be needed.�We are just starting to dig through
the financials.�A full financial pro-forma will need to be done before
this question can be answered.�My desire is to get the center's revenues
to cover its operational costs, if at all possible.�I should note we have
no desire to purchase the facilities from the city or assume any outstanding
debt.
Q. How will the operation of
the center change?
A. I am not entering this with
the desire to make any major changes in the way that the center interacts
with its patrons. We will only strive to improve on what we have.
Q. Will Virgil Christian be
involved in this?
A. I value Virgil and Amy as
dear friends. The period over the last year or two has been very trying
for them. We all owe Virgil a lot for all the hard work he put in to making
the facility what it is today. At this point he will most likely not be
involved, but I am open to any ideas to include him.







Easy button Return it to long suffering taxpayers including those who have paid huge tabs to educate other people's kids…