APPLICATION FOR MEMBERSHIP - Beach Grove Golf Club

BEACH GROVE GOLF CLUB January 1, 2008
FULL PLAY MEMBER - PAYMENT PLAN
PAYMENT PERIOD OPTION 1 OPTION 2
DOWN PAYMENT $3,000.00 $22,500.00
Monthly Payments
$225.00 ---
(120 months)
TOTAL PAYMENT $30,000.00 $22,500.00
Membership price is $30,000. If paid by monthly installments over 10 years the total Entrance Fee is $30,000.00 or
discounted if paid in full for $22,500.00.
Payments made under Option 1 Payments made under Option 2
Down Payment: $ 3,000.00 Entrance Fee: $22,500.00
GST on Down Payment: $ 150.00 GST on Entrance Fee: $ 1,125.00
Total Down Payment: $3,150.00 Total Payment: $23,625.00
OPTION 1: Initial Here ________ OPTION 2: Initial Here _________
There is a minimum Dining requirement of $360.00 per year.
The Monthly Entrance Fee installment is included in the monthly statement.
Full Play Dues:
$ 268.00 per month
Entrance Fee installment: $ 225.00 per month
Clubhouse Assessment:
$ 15.00 per month
Hole-In-One Insurance: $ .50 per Hole-In-One
Minimum Dining Requirement: $ 360.00 per year Initial Here _______
All Fees and Dues are subject to 5% GST
Share Purchase
Upon acceptance the Member agrees to purchase 5 Class “B” Shares for $100.00.
Shareholder privileges of the Company are accorded upon full and final payment of Entrance Fees. Voting Rights
privileges of Beach Grove Golf Club are accorded upon election to the Membership.
The Share will be held in trust by the Club.
I understand that my account will be billed $100.00 for 5 Class “B” Shares.
Initial Here _______