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Membership Fees

The costs to join Bayside Swimming Club at this time are:

1. $2,000 Stock Transaction Price
2. $50 Stock Transfer Fee
3. $400 Maintenance Fee
4. $50 Future Improvement Fund
$2,500 Total
  1. The transaction price of stock is determined annually based upon the value of the club and the number of stockholders. The price of stock is expected to remain constant for the next few years. Stock is transferable only through the club.
  2. There is a $50 transfer fee payable by both the buyer and seller.
  3. The membership Maintenance Fee covers the annual operating costs of the facilities. This amount is reviewed annually and may be increased by the Board of Trustees if needed.
  4. The Future Improvement Fund is an annual fee paid by members to be used for future renovation and major pool improvements.

Statements are sent in February. The due date for Maintenance Fee and Future Improvement Fund payments is March 1.

Summer memberships are offered each year in April and are available ONLY to families on the waiting list to join Bayside Swimming Club. The cost is $675 for a summer membership, which is good for one swimming season. Families who have been on the waiting list the longest are offered summer memberships when they become available.

Inactive Members may use the facilities 10 times in a season. This is a limit of 10 usages per membership number, per year. For example, if 4 family members use the pool during regular operating hours on the first day the pool opens, only 6 usages are left for the entire swimming season. Inactive members pay $100 each year, which includes the annual $50 Future Improvement Fund assessment and must pay a $3 guest fee for each usage. Guest passes may be used to cover the $3 guest fee. Books of 10 guest passes are available for $25 from the lifeguard on duty. Inactive members may not rent the pool for parties or use the facilities as guests of active members.

Waiting List: There is a 6-7 year wait to become a member of Bayside Swimming Club at this time. To be placed on the Waiting List, please send a one-time fee of $25 along with your name, address, phone number, and email address, to: Bayside Swimming Club, P.O. Box 4053, Bellingham, WA 98227. You will be sent annual updates regarding your position on the Waiting List. For your convenience, please use the application form available on the website.

To sell your stock in Bayside Swimming Club, members must sign a Consent to Sell form. (For your convenience, please use the Consent to Sell form available on the website and mail the completed form to the address shown on the form.) The transaction price of stock is currently $2,000, less a $50 transfer fee, for a total of $1,950. You must turn in your original stock certificate, signed over to Bayside Swimming Club on the reverse side, to receive payment for your stock. If you are unable to find your original stock certificate, a Lost Stock form will be sent to you, upon request, which must be signed by all parties listed on the original stock certificate, and notarized..

    Website designed by David Cohn

Updated:   06/07/2008

 

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