| A new member (under the age of 41) pays $7,500.00 toward the purchase of an equity share. NOTE: The share is not issued until fully funded at the inception price. |
| This new member would be responsible for half dues and minimum until age 41. In addition, this new member would pay an additional $7,500.00 per year toward the inception price of the share. |
| All equity funds will go into the Equity Escrow Account. At age 41, the balance (if any) of the purchase price of the equity share must be paid in full. In the event this new member leaves the club before the full equity is paid, he or she would forfeit the escrow funds. When the full amount (purchase price) of the Equity is paid, the club would issue an equity certificate. |
| This program allows a young individual or family to purchase an equity share and gives them a period of time to do so as well as a break on dues and minimum. |
- Annual Dues (half) $1,259.06 Calendar Year.
- Minimum Spending Commitment (food/beverage) - Family : $600.00 Single (half) : $400.00
- (Oct. 1st thru Sept. 30th)
- Capital Improvement Fund $250.00 Per Year
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