dues from the date of resignation based on the membership classification at the time of resignation. If the necessary stock was not fulfilled at the time of resignation, then stock will be billed at the current price. If the previous member is a Legacy member and currently 40 years of age or younger, a discount of 2% for each year that dues were paid from the age of 10 to resignation will be applied to the necessary stock purchase. This discount is applicable only to the first-time purchase of said shares at the current price. If the Previous Legacy member is over 40 years of age, all discounts will no longer be valid. If the previous member’s requirement of paying back dues and purchasing stock exceed the purchase of current stock price (4 shares) then the previous member may: 1. Complete a reinstatement request form. 2. Be approved by the Membership Committee. The Membership Committee may request support letters and/or an interview. 3. Purchase 4 shares of stock at current price. FOOD MINIMUM All Resident members who are between 30 and 80 years of age are required to fulfill a food minimum. Married members (whether your spouse is a member or not) and members associated with a Domestic Partner will be required to spend $600.00 per year on food. Single members will be required to spend $300.00 per year on food. The period for the food minimum begins April 1 st and ends March 31 st . Members may select one of two options to fulfill their minimum spending responsibility: Annually or Semi-Annually. The Annual option is billed in advance and allows a member the flexibility to complete their spending over the entire 12-month period. The Semi-Annual option is “pay-as-you-go” but requires that the pro- rated portion of minimum spending be fulfilled in each period regardless of the total food purchased during any one period. Each year, you will be given the opportunity to indicate your preference to fulfill this responsibility by notifying the Accounting Department. Once your selection for the year has been made, it may not be altered until the next annual food minimum cycle. Generally, all foods that are purchased at the Club are applied to your food minimum. These include ala carte dining, private entertainment, snack bar, pool concession, and take out. Beverages and service charges do not count toward the minimum. Certain events geared around sporting activities that have a flat fee of which only a portion is attributed to food are not applied toward the food minimum. Also, some special events like the annual fireworks event whose major cost is directed toward entertainment, and not food, do not count. Please do not ask for special consideration in the event that you fail to meet your minimum. None will be given.
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