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Varsity
Membership
Varsity membership is available
to those who have maintained at least 10 consecutive years of
membership. It is available only to a member and spouse. Here is
more information from the bylaws:
Section 7. Varsity
Memberships
(a) The Board of
Governors, in its sole discretion, shall be entitled to grant
Varsity Memberships, in addition to those enumerated in other
sections of these By Laws to joint members for their
long-standing support of the corporation who meet the following
criteria:
(1) They must have
been members of the corporation in good standing for at least
ten (10) consecutive years, having paid all of their dues and
assessments at the time application for Varsity Membership has
been received.
(2) Varsity
Membership is only available to the member and spouse. No other
members of the household can be included in this membership.
(3) They must
apply for this membership in writing to the Board of Governors
with the understanding that the number of Varsity Memberships
are dependent upon the attainment of full standard membership
enrollment and that there is no guarantee that the Board of
Governors will act favorably on their application. Nonetheless,
applicants agree to maintain their membership for the year
notwithstanding the outcome of their application for Varsity
Membership status.
(4) Applicants
agree that the corporation shall retain, during their tenure as
Varsity Members, the entrance fee paid pursuant to Article IV,
Section 1 (a.k.a. the bond) that is being held by the
corporation in conjunction with their standard membership.
(5) They agree
that they shall neither have the ability to vote as members of
the corporation nor shall they have the right to hold elective
office on the Board of Governors or as an officer of the
corporation. Varsity Members shall be permitted to invite guests
at the going rate.
(b) The Board of
Governors shall exercise due diligence in granting Varsity
Membership to all qualified applicants so long as there are no
vacancies in Standard Memberships and that for each Varsity
membership granted there is a replacement who has agreed to take
the member's slot as a new Standard Member. The granting of
Varsity Membership shall not take place prior to June 1. The
first member to apply for Varsity Membership shall receive first
consideration for such membership, and subsequent applicants
shall receive consideration in the order that such applications
are received. The date of application shall be considered by the
postmark date on the envelope. Should more than one application
be received at the same time, the member having seniority of
membership shall be given consideration before the member with
less seniority. Once Varsity Membership status has been granted
it shall not be revoked for any subsequent years and that member
shall be a Varsity Member for the duration of their association
with the corporation. The number of Varsity Memberships shall
never exceed fifty (50).
(c) The annual
dues for such membership shall be determined by the Board of
Governors but shall not exceed one-half of the annual dues paid
by Standard Members pursuant to Article V, Section 1. Within
thirty (30) days of attaining Varsity Membership, said member
shall receive a refund of their dues paid representing the
difference between the Standard Membership dues and the Varsity
Membership dues. Varsity Members shall be liable for any
assessments levied as set out in Article V of these By Laws. The
Board of Governors shall be entitled to modify these provisions
from time to time as deemed fit to further the intent and
purposes of this provision and these By Laws. |