Membership and Slip Certificate Rules

Request to Change Slip Certificate Status

Option 1 – Request to leave slip vacant

Slip Certificate owner requests to retain ownership, to not install lift, and to pay fees, less $200 lift installation/removal charge, or to not use shore location and to pay fees, less $100 dock charge.

  • All dues and fees must be current for the seasonal billing cycle (April 1 – March 31) in which notice is given in writing or by email.
  • Annual Board approval required.

      Reference: Bylaws 3.04. Board Rule.

 

Option 2 – Request to sublet slip

Slip Certificate owner requests to retain ownership and to sublet slip.

  • All dues and fees must be current for the seasonal billing cycle (April 1 – March 31) in which notice is given in writing or by email.
  • Subject to Board approval a Slip Certificate owner may sublet to a Social Certificate member for one season. The Club creates a contract between Owner and sub-lessee.
  • Owner must continue to pay Membership Certificate dues. Sub-lessee pays Slip Certificate fees directly to Club.

      Reference: Bylaws 3.03.8, 3.04. Board Rule.

 

Option 3 – Request to change location

Slip Certificate owner requests to change slip location.

  • All dues and fees must be current for the seasonal billing cycle (April 1 – March 31) in which notice is given in writing or by email.
  • Subject to availability, change of slip location requests will be honored in order of year of Slip Certificate purchase and then by date of request in writing or by email.

      Reference: Bylaws 3.03.3.

 

Option 4 – Request to resign Slip Certificate ownership

Slip Certificate owner requests to resign Slip Certificate ownership and to be placed on the Club Repurchase List.

  • All dues and fees must be current for the seasonal billing cycle (April 1 – March 31) in which notice is given in writing or by email. Owners must continue to be current with Memberhip/Slip Certificate dues and fees, less $200 lift installation/removal charge if slip is to be left vacant, in order to remain on the List until repurchase is possible.
  • Repurchase from the List will occur in order of receipt of written or email notice when there are 30 current slip certificate owners and there is a new owner to replace a resigning owner.
  • Sublet requests while on Repurchase List – refer to Option 2.
  • Repurchase is at 80% of current slip certificate price.

      Reference: Bylaws 3.03.8 and 3.04. Board Rule.

 

Option 5– Request to transfer Slip Certificate ownership within family

  • A surviving spouse may automatically continue ownership of a Slip Certificate.
  • A surviving son or daughter may request to purchase the Slip Certificate at 20% of current certificate price through the Club.

      Reference: Bylaws 3.03.9.

 

Delinquent fees will be subtracted from Certificate value annually

until depleted.

 

Reference: Bylaws 3.03.8 and 3.04. Board Rule.

Request to Change Membership Certificate Status

Membership Certificate owner requests to resign Membership Certificate ownership and to be placed on the Club Repurchase List.

  • All dues and fees must be current for the seasonal billing cycle (April 1 – March 31) in which notice is given in writing or by email. Owners must continue to be current with Social Certificate dues in order to remain on the List until repurchase is possible.
  • Repurchase from the List will occur in order of receipt of written or email notice when there are 60 current Membership Certificate owners and there is a new owner to replace a resigning owner.

      Reference: Bylaws 3.02.8 and 3.04. Board Rule.

 

Delinquent fees will be subtracted from Certificate value annually

until depleted.

     
Reference: Bylaws 3.02.8 and 3.04. Board Rule.

 

May 3, 2012