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2010 MEMBERSHIP DUES

• Regular Membership Certificate - $750
(can be paid in equal installments over 3 years

• Legacy Membership Rate - $300 (can be paid in equal installments over 3 years)

• Tennis Membership Certificate - $2000
( you must be a Regular Member in good standing in order to purchase a Tennis Certificate)

• Annual Regular Dues
$240 + HST = $271.20

• Annual Tennis Assessment
$75 + HST = $84.75

• Associate Membership Annual Dues
(no club privileges)
$50 + HST = $56.50

        Regular, Legacy (adult children of current members)  and Associate Membership    

1. Regular Memberships are family inclusive . All immediate members of a family unit (including children under 30) that purchase a club membership certificate are full members of the yacht club. The membership certificate can be paid in equal installments over a three year period.
2. Regular Memberships are transferable . A regular member in good standing has the right to sell their fully paid membership to another party. A transfer fee must be paid to the club equal to one half of the current issue price of a regular club membership certificate.
3. Legacy Memberships are available at a reduced rate . Adult children (over 18) of current members in good standing are eligible to purchase a Regular membership at a reduced rate (payable in equal installments over three years) only if they do so before the age of 30. If they wait until after they are 30 they must purchase the Regular membership certificate.
4. Regular members can convert to Associate Members . A Regular member , who is no longer active at the club and does not use club facilities, can continue to support the club and maintain their certificate by advising the club and paying an annual due of $50.00. This would allow their children to continue to be eligible for the Legacy membership rate.
5. Regular Members and Associate Members can forfeit their certificates . A Regular or Associate member who has not paid annual dues for a period of three years will forfeit their certificate, their eligibility for Legacy membership rates and their right to transfer their certificate to another party.
   Membership can be limited . The club reserves the right to limit membership if it determines that the facilities are insufficient to provide enjoyment to all members.

Tennis Memberships

1. Only Regular Members are eligible . Regular members are eligible to become Tennis members of Zig Zag Yacht Club subject to availability to ensure reasonable access to the courts. The current maximum Tennis membership is limited to 60 families.
2. Tennis Members must pay regular dues as well as a yearly Tennis Assessment.
3. Tennis Memberships are transferable .A Tennis member in good standing has the right to sell a fully paid Tennis membership to another party. A transfer fee of $1000.00 must be paid to the club.
4. Tennis Members can forfeit their certificates . A Tennis member who has not paid Regular member annual dues and/or Tennis assessments for a period of three years will lose their Regular member certificate, their eligibility for Legacy membership rates, their Tennis membership certificate and their right to transfer their certificates to another party. The club will attempt to sell the Tennis Certificate as expeditiously as possible and return any surplus funds, after payment of arrears etc., to the forfeiting party.
   
   If you have questions please contact zzycadmin@gmail.com