Equity Membership

All equity members own an interest in the Bayside Tennis Club, Inc. Upon resignation from the club, one-half of  the initial capital contribution (currently $1200) will be refunded in  accordance with the terms stated in the bylaws.  The current capital  contribution is $2400 and current annual dues are $250.  The applicant  may elect to pay the capital contribution as follows:

                                      Year 1                       Year 2                    Year 3

Option A                        $2400
Option B                        $1200                       $1200
Option C                        $800                          $800                       $800

Membership  is based on a per family unit and is not related to residential  ownership.  The joint owners of a residence must have a separate  membership for each owner and may not divide one membership among them.  

A seasonal membership can be purchased  for $500; the cost is the same for an individual, a couple, or a family.  Club privileges extend from sign-up date until Memorial Day of  the following calendar year.

Seasonal  members may use the club facilities and participate in activities on  the same basis as equity members (i.e., sign up for courts, invite  guests, participate in round robins, socials, the picnic, etc.), but may  not hold an office on the board, vote on club business, allow renters  to use their pass, or transfer their membership to a child.
There will be no refund for seasonal members who resign their membership.

Following  the purchase of three consecutive seasonal memberships, a seasonal  member may either opt to become an equity member or stay as a seasonal  member. A seasonal  member who opts to move to equity membership in year 4 may apply $750 of the money already spent on seasonal memberships toward his/her capital contribution.  The remaining $1650 capital contribution can be paid as  follows, in addition to annual dues:

                                 Year 4                       Year 5                    Year 6
Option A                 $1650
Option B                  $825                          $825
Option C                  $550                          $550                       $550

Bayside's  $500 seasonal membership allows unlimited play for an individual, a couple or a family with no additional guest fees. 

The cost of an individual summer all-you-can-play membership at Sea Colony is $725 ($225 membership fee + $500 for unlimited play).The cost of a family summer all-you-can-play membership at Sea Colony is $825 ($325 membership fee + $500 for unlimited play). Guests pay to play.

A Bethany Club unlimited play membership costs $745 for an  individual, $1095 for a couple, and $1200 for a family. Guests pay to play.