| Category |
Annual Dues |
2010 New
Member Rate |
Initiation Fee |
| Senior |
$555.00 |
$277.50 |
$250.00 |
| Associate
age 23 and older |
$333.00 |
$166.50 |
$150.00 |
|
Associate under
age 23
|
$166.50 |
- |
$150.00 |
| Non-resident
* |
$138.75 |
- |
$0 |
Dues & Initiation Fees are as listed above plus applicable taxes.
* Memberships in this category is non-voting.
If these members
choose to change membership to Senior or Associate they will be
charged the initiation fee same as new membership applicants for the
respective category.
Olcott Yacht Club offers three (3) categories of
membership. Membership is open to anyone 18 years of age and older. All
categories of membership are considered either single or family. If the
membership is a family membership both members living in a spousal type
relationship, shall be entitled to a all rights and privileges, except
as limited and restricted by the provisions of the Constitution.
A spousal –type relationship for the purpose of
membership classification shall be defined as two people living as man
and wife under the same roof. Additional definitions per the
Constitution, Article II are:
• “Boat Owner” Any person who shall have a legal or
equitable title to a watercraft 20 or more feet length overall based
within a 50-mile radius of Olcott Yacht Club.
• “Family” shall be defined as one or more adults
living in a spousal relationship in the same domicile and their
unmarried children under the age of 21, 23 if still in school.
SENIOR membership at OYC is
required for those persons who are “Boat Owners” or non-boat owners who
choose to apply for Senior membership.
Privileges:
• Senior members shall be entitled to have any rights, title or
interest in and to the property and assets of the club
• Shall have (3) ballots at all membership meetings
ASSOCIATE membership at
OYC shall be those persons who are not “Boat Owners”.
Associate is divided into two categories based on age:
• Under 23 yrs of age
• 23 yrs of age and over
Privileges:
• Shall have (1) ballot at all membership meetings
Restrictions:
• A monthly restaurant minimum of $25.00 shall be assessed
• Associates under 23yrs of age may not hold office on the Board of
Directors
NON-RESIDENT
membership at OYC is a non-voting membership, may not hold position on
the Board of Directors, and shall be those persons who otherwise
qualified for membership, providing that within a 50-mile radius of the
Club that person does not:
1) Conduct a business or is employed.
2) Reside or vacation for more than three (3) weeks during the open
season of the Club.
3) Or is a “Boat Owner”
Olcott Yacht Club is a self-help club. Senior and
Associate memberships are required to provide a total of ten (10) member
service hours per season. Hours not completed are charged at a rate of
$10 per hour.
DUES are set annually for the Senior Membership and all
others classifications are billed at a percentage per the Constitution
Article V, Section 2