Dear Prospective Member, Thank you for your interest in becoming a new member of the Captiva Island Yacht Club. The enclosed materials highlight our membership program as well as the boating, dining, and social opportunities of our unique club. We belong to the Florida Council of Yacht Clubs, and our members have reciprocity with 37 prestigious clubs throughout Florida, and will also enjoy reciprocity with the over 700 clubs belonging to the Yachting Club of America registry, located throughout the US. We are a member owned club and we thrive on member participation in the many boating, social, and operational aspects of the club. We have a reputation as a friendly, hospitable club, and both members and guests enjoy the casual, welcoming atmosphere. We maintain an active cruising schedule of both luncheon cruises and extended overnight cruises. Non boat owners are always welcome to participate by making arrangements with the cruise captain. Dining is a delight at our club, as we are blessed with an outstanding chef. Gourmet Wine Dinners, special events and seasonal changes keep our menus fresh and exciting. Casual dining is available in our bar and on the Commodore s Porch and the Sunset Deck. Our exceptional location provides stunning views and access to both the Gulf of Mexico and Roosevelt Channel. As one of only two clubs in the Florida Council of Yacht Clubs to actually own beach frontage. We consider ourselves to be a beach club as well, providing adequate parking, outdoor accessible restrooms, beach chairs, umbrellas, and the advantage of being able to call in a food order to be enjoyed on our outdoor porches or picnic area. Sunsets are spectacular from our Sunset Deck. Our bay frontage is ideal for kayaking the intriguing mangrove canals of Buck Key or paddle boarding the scenic Roosevelt Channel. Members have the free use of the club kayaks and paddle boards. You will find our Cruise Schedule, Social Calendar, membership application and fee schedule included in this packet. If you would like to be considered for membership, please complete the application with sponsorship and references and submit to the Club office.
P.O. Box 1239 Captiva, Florida 33924 T. 239 472-4133 F. 239 472-6444 MEMBERSHIP APPLICATION Membership Type Family Single Member Name (1) Spouse s Name (2) Nickname Nickname Local Address: Street P.O. Box City State Zip Code Phone (1) Cell (2) Cell (1) email (2) email Months at this address Other Address: Street P.O. Box City State Zip Code Phone Months at this address Boat Name (not required for Membership) Type Power Sail Make Length Beam Draft Berthed At Describe Present or Past Boating Activities (local only) Member Information: of Birth Occupation or Former Business Affliliations Education Hobbies and Interests Volunteer Activities Place of Birth
Spouse Information: of Birth Place of Birth Occupation or Former Business Affiliations Education Hobbies and Interests Volunteer Activities Social and Business Clubs and Professional Organizations which you are now or have been a member (indicate dates of membership) 1. 2. 3. References: (Other than Proposer or Sponsors) Name, Address and Telephone Number 1. 2. 3. CONDITIONS OF MEMBERSHIP If approved for membership, I/we understand and acknowledge that: 1. I/we am purchasing a membership in the Club for the purpose of obtaining a right to use and enjoy the Club facilities and not for the purpose of investment. As a not-for-profit corporation, the Club will have no capital stock and will not be operated for pecuniary gain or profit. There will be no payment of income, dividends or other distributions to any members except upon dissolution. Members have no interest in, or title to, any of the property or assets of the Club. 2. My/our right of redemption of my/our Equity Membership Fee will be restricted as set forth in the Club bylaws, which will be obligated to repurchase such membership upon the acceptance and approval of a replacement member into the Club. The order of redemption shall be in the order received by the Club. 3. The Board of Directors are responsible for the administration of the Club and will have authority to accept members, establish Membership Fees, set Annual Dues and Assessments, establish rules and regulations and control the management and affairs of the Club, all in accordance with the Articles of Incorporation and Bylaws of the Club.
APPLICATION REQUIREMENTS Your membership application must: 1. Be complete, including the names of additional references and information concerning other organizations. 2. Be signed by the Proposer and three (3) sponsors who are Club Members in good standing. 3. Include a letter or email from the Proposer and from each of the three (3) Sponsors. RESPONSIBILITIES OF THE PROPOSER AND 3 SPONSORS 1. The Proposer will be responsible for: 1) a letter about the applicant indicating in detail how well the proposer knows the applicant and his/her family, 2) verifying the completeness of the application. 3) collecting the three sponsor letters and submitting them with the completed application to: Membership Chairperson, Captiva Island Yacht Club, P.O. Box 1239, Captiva, Florida 33924 2. Sponsor letters should be from members who have known the applicant over a period of time. Letters should state the relationship with the applicant, the applicant s compatibility with the Club s membership and explain why the applicant would be an asset to the Club. APPLICATION PROCESSING Following receipt of the application by the Membership Chairperson: 1. Applicant will be sent a letter indicating receipt of the application. 2. If any part of application is incomplete, it will be returned to the applicant for completion. 3. When all requirements are met, the application will be placed on a pending list of applicants according to postmark date. 4. Membership Committee will review the application, have the name(s) posted for two (2) weeks in the clubhouse, make arrangements to meet the candidate, and then make its recommendation to the Board of Directors. 5. The Chairperson of the Membership Committee will notify the applicant of the Board of Directors decision. The applicant will receive a letter with notice of acceptance and the specific financial requirements which are due at that time. CREDIT REFERENCE A credit reference on each applicant is required by the Board of Directors. By my/our signature/s I/we agree to a credit reference check as required by the Board of Directors.
EQUITY MEMBERSHIP/FINANICAL REQUIREMENTS Non-equity initiation fee: $2,500.00 (plus 6% Florida sales tax) Equity Membership fee: $5,200.00 (Upon request, the Equity Membership fee may be paid over three years. It is refundable upon termination of membership once a replacement member becomes active.) ANNUAL DUES Family Membership: $1,950.00 (plus 6% Florida sales tax) Single Membership: $ 975.00 (plus 6% Florida sales tax) ANNUAL FOOD & BEVERAGE MINIMUMS Annual Food and Beverage Minimum for a Family Membership: $1,000.00 Annual Food and Beverage Minimum for a Single Membership: $ 600.00 Annual dues and food and beverage minimums are pro-rated from the day of membership. The annual dues are billed in September with an October 1st due date. The food and beverage minimum begins on October 1st for one year and covers all food and beverage bills not including service charges and taxes. An 18% service charge will be added to your bill as well a 6% Florida state sales tax. Ships Store and food and beverage charges at reciprocal clubs do not count towards this minimum. CLUB MEMBERSHIP ENTITLES A MEMBER TO THE USE AND ENJOYMENT OF THE CLUB FACILITIES AND IS NOT SUIT- ABLE AS AN INVESTMENT. THE CLUB MEMBERSHIP MAY NOT BE SOLD OR TRANSFERRED, EXCEPT TO THE CLUB IN LIMITED CIRCUMSTANCES. I/we hereby submit my/our application for membership in the Captiva Island Yacht Club, Inc., a Florida not-for-profit corporation and agree to pay the fees set forth herein following notification by the Membership Committee of final approval of this application by the Board of Directors. Signature of Applicant Signature of Applicant Proposer s Signature 1. Sponsor Signature 2. Sponsor Signature 3. Sponsor Signature Office Use Only Completed application approved by Membership Committee: Yes No of Club posting Approved by Board of Directors Yes No Membership number assigned Initiation and equity fees paid: Payment plan: Yes No If yes state the terms Revised 08/13