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MEMBERS INFORMATION

 

HOUSE RULES

 EDGEWATER CLUB INC  

            BY-LAWS              

 

EDGEWATER CLUB, INC. BY-LAWS

ARTICLE THREE: MEMBERSHIP cont.

Section 5.   A member is defined as the owner of a lot which qualifies for membership and any of his or her resident family.

Section 6.  A member in good standing is one who has paid current dues and assessments, and has fulfilled any other obligations as defined in Sections 8 and 9 of this Article, and is, therefore, eligible for all benefits and privileges of membership. Any Article which refers to the rights, benefits, or privileges of members shall refer only to members in good standing. A member not in good standing shall be denied these rights, benefits, and privileges.

Section 7.  Persons renting a home from a member in good standing shall have the use of the Club's facilities under the provision of Article VI. Section15, and any other rules established by the Board of Directors. If a member rents his or her home or uses it as a guest house, he or she may not use the Club's facilities during the rental or guest period. Facilities include all indoor/outdoor properties of the Club.

Section 8.  Membership Dues:

 (a Shall be paid in a lump sum prior to February 1 of each calendar year.                             

 (b)  Full dues shall be charged to those who have  homes on lots and to those members who own vacant lots and use the Club's facilities. Partial dues, at a rate of twenty-five (25%) , will be charged to owners of vacant lots who do not use the Club facilities.

 (c) Members of record as of January 1st of each year, and those persons who become member during the period January 1st to June 30th shall pay the full annual dues applicable to that fiscal year. Persons who become members during the period July 1st through December 31st shall pay 50% of the full annual dues. Thereafter, they shall pay full annual dues.

 (d) All dues not paid by February 1st of each year shall be deemed delinquent. As soon thereafter as practical, the Treasurer shall send to the owner, by Certified or Registered mail, a notice informing the owner that the dues are delinquent and that 1-1/2% interest per month is being charged until such time as the dues are paid Said notice shall further inform the owner that the use of the Club's facilities are suspended until all delinquent dues and interest are fully paid. Said notice shall be sent to the address last provided to the Club by the member. It shall be the responsibility of the member to provide to the Club their current address. Said notice may be hand delivered at the option of the Treasurer. The suspension of membership shall be binding on a party purchasing property from a suspended member. As a condition of reinstating membership, the Club shall require the suspended member or a party purchasing property from a suspended member to pay all delinquent dues. A $1500 maximum reinstatement fee may be substituted for the delinquent dues.

Section 9. Assessments

(a) Assessments are defined as an additional charge, approved by the Board of Directors and the membership, to mitigate a specific expenditure for the Club beyond the means of the normal dues (i.e., hurricane damage, new building, etc.).

(b) Assessments shall be paid in a timely manner as established by the Board of Directors.

(c) Assessments are charged to all lot owners.

(d) Assessments follow the same course of action as the dues, with the exception of the due date.  The Board of Directors shall define any needed assessments. No maximum reinstatement fee will apply to assessments..

ARTICLE FOUR: MEETINGS OF MEMBERS

Section 1.  The Annual Meeting of the Club shall be held at 7:00 p.m. on the third Monday of January of each calendar year at the Clubhouse. Notification of the Annual Meeting need not be sent to members provided it is held at the time and place as specified herein. If the Annual Meeting is to be held at a time and/or place other than that specified above, members shall be notified in writing by mail at least fourteen (14) days in advance of the meeting. There shall be regular monthly membership meetings during each calendar year on the third Monday of each month at 7:00 p.m., unless changed for good reason by the Board of Directors , and notice thereof shall be posted in the Clubhouse and/or announced at appropriate functions.

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Table of Contents

Bylaws page1

Bylaws page 2

Bylaws page3

Bylaws page4

Bylaws page5

Bylaws page6

Bylaws page7

Bylaws page8