Sunday, December 29, 2013

Forrest City Country Club Membership

Section 1. There shall be the following classes of membership, namely:
(1) Voting regular
(2) Nonresident
(3) Junior
(4) Lifetime
(5) Installment

Voting Regular Members
Section 2.Voting regular members shall enjoy all the privileges of the club including the right to vote and hold office and shall have full right of ownership in the club¹s properties and assets. The spouse of the voting regular member shall have the right to serve on the Board of Governors and hold office and cast a vote in the absence of the voting regular member, but in no case shall there be more than one vote cast per family membership. The spouse of the voting regular member, as well as the unmarried dependent children, may enjoy all of the privileges of the club except the right to participate in the ownership of the properties of the club. The unmarried dependent children shall enjoy these privileges as long as said children are under 21 years old or are registered full-time college students in good standing. Any person of good moral character, who is 21 years or over, may become a voting regular member of this organization upon such terms and conditions as are provided by the bylaws. Each voting regular member shall pay a transfer or initiation fee, monthly dues, and assessments.

Nonresident Members
Section 3. Any person living outside the boundaries of St. Francis County, Arkansas, of good moral character and twenty-one (21) years old or over may apply for a nonresident membership. Nonresident members shall not have the right of ownership in the club¹s properties, or the right to vote, or hold office. The spouse of a nonresident member, as well as unmarried dependent children (See Article I, Section 2 of the bylaws), may enjoy all other privileges of the club. Nonresident members shall pay an initiation fee, monthly dues and assessments.

Junior Members
Section 4. Residents living within St. Francis County, Arkansas, who are between the ages of twenty-one (21) and thirty (30) years, may be elected to junior membership in the club, upon approval by the Committee on Admissions. Fees and dues of junior members shall be set by the Board of Governors. Junior members shall make a down payment of 15% of the voting regular membership initiation fee, plus monthly dues and assessments. If the junior member reaches the age of thirty (30) years before full payment of the initiation fee, he shall upon reaching that age pay the balance due or convert his membership to an installment membership. No interest shall be charged on the unpaid balance of a junior member. The number of junior members shall be limited to 10% of voting regular memberships. A junior membership shall cease upon his 30th birthday or as soon thereafter as the first voting regular membership becomes available. The limit in voting regular memberships or the 10% of voting regular membership limit for junior members will not apply at any time to any son or daughter of present regular voting members who possess the desired qualifications for membership.

Lifetime Members
Section 5. Any person, twenty-one (21) years of age and of good moral character residing within St. Francis County, Arkansas, may apply for life time membership. Lifetime members shall pay a one-time initiation fee, without further cost, and shall not be required to pay assessments or dues, but will be billed for their actual monthly charges. Lifetime members, spouses, and their unmarried dependent children (See Article I, Section 2 of the bylaws) shall enjoy all the privileges of the club. The one-time initiation fee will be determined by the Board of Governors biannually and posted on the club bulletin board. A lifetime membership is non-transferable and shall terminate upon the deaths of the lifetime member and spouse.

Installment Members
Section 6. Initiation fee of installment memberships shall be payable in five (5) annual payments. A penalty shall be charged on the unpaid balance. Installment members shall not have the right of ownership in the club¹s properties, or the right to vote, or hold office. At the end of the five installments or upon final payment of the initiation fee, the installment member shall become a regular voting member. The installment member¹s spouse and unmarried dependent children (See Article I, Section 2 of the bylaws) may enjoy all other privileges of the club during the five (5) year period provided the installment payments are current. Each installment member shall pay an initiation fee, monthly dues, and assessments.

Regular                    Membership Privileges: Golf, Restaurant, 
Bar, Member Events, Pool, and Voting Rights

One-Time Membership Fee: $1,000

Monthly Dues:  $125.00 (plus tax)
                                    Food & Beverage Minimum:  $75 (quarterly)
                                    Debt Reduction Fee:  $20 (monthly)                         

Non-Resident         Membership Privileges: Golf, Restaurant,
                                         Bar, Member Events and Pool.

One-Time Membership Fee: $300

Monthly Dues:  $125.00 (plus tax)
                                    Food & Beverage Minimum:  $75 (quarterly)
                                    Debt Reduction Fee:  $20 (monthly) 

Junior                         Membership Privileges:  Golf, Restaurant,
                                              Bar, Member Events and Pool.
                                    Monthly Dues: $65 (plus tax)
                                    Food & Beverage Minimum:  $75 (quarterly)
                                    Debt Reduction Fee:  $20 (monthly) 
                                    Annual Fee: $100 (For ten years or until age 
                                         of thirty-five (35), whichever comes first)

Social                          Membership Privileges:  Restaurant, 
                                               Bar, and Member Events.

One-Time Membership Fee: $0

Monthly Dues:  $65 (plus tax)

Food & Beverage Minimum: $50 (monthly)
                                    Debt Reduction Fee:  $20 (monthly) 

Social (With pool)       Membership Privileges:  Restaurant, Bar, 
                                               Member Events, and Pool.
   
One-Time Membership Fee: $0

Monthly Dues: $75 (plus tax) (May, June, July & August) 
$65 All Other Months
                                    Food & Beverage Minimum: $50 (monthly)
                                    Debt Reduction Fee:  $20 (monthly)


Note: Current members may not resign from the Forrest City Country Club and join a different type of membership for a minimum of one (1) year.

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