NORMAL INITIATION FEE - $432/one time
A check in the amount of $432 payable to Dallas Corinthian
Yacht Club must be included with your membership application. This
fee includes taxes. Prior members who have resigned in good standing
and wish to reapply for membership or have their membership reinitiated
to resident members may pay only 50% of the current initiation fee.
The Board of Governors establishes the Initiation Fee and may modify
from time to time for the benefit of the membership.
RESIDENT DUES - $137.76/mo
Dues currently consist of $97.00 operational, $33.00
Capital Improvement Fund (CIF) and $7.76 in taxes (total $137.76).
Dues are set by membership and are adjusted from time to time based
upon majority vote of the membership at the Annual Membership Meeting
or a Special Meeting called for the purpose. The CIF is established
for the purposes of having a large fund for the purposes of making
major improvements to the facilities at DCYC. Expenditures of CIF
are made by majority vote of the membership at the Annual Membership
Meeting or a Special Meeting called for the purpose.
ASSOCIATE DUES - $56.54/MO
Dues currently consist of $44.28 operational, $8.72
Capital Improvement Fund (CIF) and $ 3.54 in taxes. Dues are set by
membership and are adjusted from time to time based upon majority
vote of the membership at the Annual Membership Meeting or a Special
Meeting called for the purpose. The CIF is established for the purposes
of having a large fund for the purposes of making major improvements
to the facilities at DCYC. Expenditures of CIF are made by majority
vote of the membership at the Annual Membership Meeting or a Special
Meeting called for the purpose.
SLIP/DOCK SALES and RENTAL
One unique benefit of being a Resident Member
of DCYC is that you may own your own slip. Details regarding
slip/dock ownership are covered within the Rules and Bylaws
of DCYC. It is the objective of DCYC that all slips/docks be
owned by the membership. However, DCYC usually has possession
of approximately10% of the total available slips/docks. These
slips/docks are made available for purchase or rental of the
membership. There are usually 5% of the total available slips/docks
available for sale or rent directly from the membership. The
going rates for slip/dock sales and rental are published monthly
in the Hailer. Please make sure that all purchase transactions
regarding the transfer of title for slips/docks are handled
through the DCYC treasurer with coordination of the DCYC Harbormaster
in order to assure a clear title.
RAPID MEMBERSHIP LAUNCH PROVISION
Frequently potential new members are in
the process of a company transfer, moving from another marina
or taking delivery on a new yacht. Often under these conditions
they would best be accommodated if they could start using the
club facilities immediately without waiting until the next Board
of Governors meeting. DCYC has provided an option for
such cases. If you would like to accelerate use of the
club prior to formal approval by the Board of Governors you
may include with your application and initiation fee a full
months dues including the Dock Maintenance fee and applicable
taxes. You may use the club facilities, as a probationary
member when such fees have been received by the Treasurer and
after being notified by the Rear Commodore. You must include
a full months dues and other fees regardless of the number of
days left before the Board Meeting and only your initiation
fee will be refunded in the event you are not granted membership.
If you wish to take advantage of this option please notify the
Rear Commodore immediately
so the necessary parties may be informed.
