2011 MEMBERSHIP CATEGORIES, DUES & FEES
| Category |
Annual Dues |
2011 New
Member 1st Year Rate |
Initiation Fee |
| SENIOR |
$555.00 |
$277.50
(1/2 Price!) |
$250.00 |
|
ASSOCIATE age 23 and older |
$333.00 |
$166.50
(1/2 Price!) |
$150.00 |
|
ASSOCIATE under
age 23 |
$166.50 |
$83.25
(1/2 Price!) |
$150.00 |
|
NON-RESIDENT
* |
$138.75 |
$138.75 |
$0 |
Dues & Initiation Fees are as listed above plus applicable taxes.
* Membership 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, the member of record and their partner living in a spousal
type relationship, shall be entitled to a
membership card and 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 over all 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 one vote, weighted as (3) 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:
Restrictions:
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:
-
Conduct a business or is employed.
-
Reside or vacation for more than three (3) weeks
during the open season of the Club.
-
Or is a Boat Owner
If these members choose to change membership to Senior
or Associate they will be charged the initiation
fee the same as new membership applicants for the respective category.
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