Having the first of the party elsehwere is probably what you'd need for the fundraising part of it, yes - my only concern is how much higher is the fee going to be, you'd certainly have to rent a hall or whatever, yes? Other than that, what other activities would there be other than having the band, will there be pool like at your place for example? Darts too? If so, how much extra will it mean for the partygoer, such as myself?
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