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Frequently Asked Questions
- What is the purpose of the Club?
- What is the membership opportunity at the Club?
- What are the special benefits of membership?
- What recreational and social facilities will be available to members of the Club?
- What are the privileges of membership?
- Who is eligible to become a member in the Club?
- How many memberships will be available in the Club?
- Will my family members be welcome at the Club?
- How will the exclusivity of available tee time be maintained?
- What are primary playing times?
- Will greens fees be charged for family members' golf play?
- Can a membership be inherited?
- Will my guests be able to use the Club Facilities?
- How do I become a member in the Club?
- What do I have to pay to become a member of the Club?
- When will the Membership Deposit be repaid to the member?
- Will the Membership Deposit paid for membership be held in an escrow account?
- When are dues payable?
- As a member, how can I transfer my membership in the Club?
- May I obtain a membership in the name of a corporation?
- Who is responsible for the operation of the Club?
- Can members be assessed for operating deficits or capital improvements?
- How will the members have input into Club operations?
- How can I contact the Director of Membership?
ANSWERS
- What is the purpose of the Club?
The Club is designed to be a world-class private golf club for those who share a love of the game and expect the highest in service standards and quality golf environment.
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- What is the membership opportunity at the Club?
McArthur Golf Club is an exclusive private club located in Hobe Sound, Florida, which has been created to offer an outstanding golf experience. In order to provide exclusivity and availability of facilities and services to its members, the Club is offering a very limited number of memberships by invitation only.
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- What are the special benefits of membership?
McArthur Golf Club has been designed with the concept of creating an exceptional golf ambience where members are able to enjoy playing golf on an 18-hole championship course designed by Tom Fazio and Nick Price without the necessity of reserved tee times. The Club will have only 275 Golf Members in order to provide the utmost playing pleasure for all members within an extraordinary golfing environment.
In addition, the Club offers a number of attractive benefits, including:
Exclusivity with Membership by Invitation only
Maximum Number of Members will be 275
Tom Fazio and Nick Price Championship Course
No Advance Tee Times Necessary
Refundable Membership Deposit
Inheritability of Membership
Family Privileges
Guest Privileges
No Capital Assessments
No Operating Assessments
Caddie Program
Pristine Setting with No residential Real Estate Built on the Golf Course Other Than a Very Limited Number of Golf Cottages at the Clubhouse
Prime Location
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- What recreational and social facilities will be available to members of the Club?
The Club facilities which will be available to members, their families and guests will include an outstanding 18-hole championship golf course designed by Tom Fazio and Nick Price, driving range, short game practice areas, putting green and bag storage. A clubhouse consisting of approximately 16,500 square feet will feature a grille room, pro shop and men's and women's locker rooms.
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- What are the privileges of membership?
Each person who becomes a member will be entitled to use all of the facilities of the Club. Members will not be required to pay greens fees for use of the golf facilities, but will be required to pay golf cart fees or caddie fees when using a golf cart or caddie. Members will be provided a locker, bag, storage and range balls at no charge.
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- Who is eligible to become a member in the Club?
Membership in the Club is by invitation only. All invitations for membership will be made by the Club. As stated earlier, the Club's goal is to create and maintain an exclusive premier golf club, which offers an exceptional golf experience for its members. Therefore, the Club reserves the right to implement policies which will enable the Club to provide its members with the utmost enjoyment.
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- How many memberships will be available in the Club?
The total number of Golf Memberships will be limited to only 275, plus up to 15 Charter Members
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- Will my family members be welcome at the Club?
Yes. The ability to spend quality time with members of the family is of paramount importance and will be encouraged by the Club. The Club is committed to providing a pleasant environment where this can be accomplished. Each membership includes privileges for spouses and unmarried children under the age of twenty-five (25), who are living at home or attending school on a full-time basis.
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- How will the exclusivity of available tee time be maintained?
To provide for the utmost playing pleasure for all members, only the member will have full golf privileges.
A member's immediate family may play golf with the member at any time. Immediate family members may also play golf unaccompanied by the member at all times other than the Club's "primary playing times."
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- What are primary playing times?
The Club may designate certain times as primary playing times during which only the member may obtain a tee time. These primary playing times will be set out in the Club's calendar on a monthly basis. During these primary play times, the member's immediate family members may only play golf while accompanied by the member. The Club reserves the right to change the family privileges and the primary playing times from time to time, if necessary.
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- Will greens fees be charged for family members' golf play?
No. The member's spouse and children will not pay any greens fees. They will, however, be required to pay golf cart or caddie fees.
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- Can a membership be inherited?
Yes. A membership may be inherited by the member's surviving spouse, without the payment of any additional Membership Deposit, subject to the Club's approval of the surviving spouse. If there is no surviving spouse, or the surviving spouse does not desire to be a member, or the surviving spouse is not approved for membership, the membership may pass to a surviving adult child upon payment of the then-current Membership Deposit, subject to the Club's approval of the adult child for membership.
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- Will my guests be able to use the Club Facilities?
Yes. Members will be entitled to have guests use the Club Facilities in accordance with the Rules and Regulations of the Club. Guest play may be limited to certain times of day or certain days of the week.
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- How do I become a member in the Club?
Membership in the Club is by invitation only. All invitations for membership will be made by the club. A person who has been approached regarding membership in the Club must submit a Prospective Member Information Statement for consideration by the Club. If an invitation is extended by the Club and accepted, the new member will be required to execute a Membership Agreement and submit the required Membership Deposit.
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- What do I have to pay to become a member of the Club?
If an invitation is extended by the Club and accepted, the new member will be required to pay a refundable Membership Deposit as determined by the Club from time to time. Membership Deposits are refundable in accordance with the Membership Plan and the Membership Agreement.
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- When will the Membership Deposit be repaid to the member?
Each person who becomes a member will be entitled to receive a full refund of his or her Membership Deposit thirty years from the date of the member's admission to the Club. In the event that the member resigns from the Club before the end of the thirty-year period, the member will be entitled to receive a partial refund of the Membership Deposit within thirty days after the Club has reissued the resigned membership to a new member.
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- Will the Membership Deposit paid for membership be held in an escrow account?
Yes. Membership Deposits of members will initially be held in an escrow account until completion of the Club Facilities. The funds shall be released in the event that: (a) the Club has sufficient proceeds to complete construction of the required Club Facilities, (b) the Company has provided a letter of credit or other assurance of completion of the club Facilities, or (c) construction of the required Club Facilities has been completed.
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- When are dues payable?
Dues will be payable on an annual basis on or before the first day of each membership year, unless otherwise determined by the Club from time to time. The club's membership year will constitute the twelve-month period commencing October 1 and ending September 30, unless otherwise established by the Club from time to time.
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- As a member, how can I transfer my membership in the Club?
Memberships may be transferred only to the Club. Should a member desire to resign from the Club, the member must give written notice to the Club. The resigned membership will be placed on a resigned member's list and will be reissued on a first-resigned, first-reissued basis as follows:
Prior to completion of the initial sale of the memberships, provided there is a resigned membership on the resigned member's list, every fifth membership issued will be a resigned membership from the resigned member's waiting list (the other four memberships will be from the Club's unissued memberships). This procedure allows the reissuance of resigned memberships prior to the issuance of all memberships in the Club.
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- May I obtain a membership in the name of a corporation?
Each membership must be in the name of one individual. For the convenience of members, an individual who is approved for membership may request the membership be held in the name of a company, partnership, trust or other form of business entity. The approved individual must be designated as the permanent beneficial user of a membership held in the name of an entity. The approved individual will have the same rights and privileges as established in the Membership Plan for the membership purchased by the entity. Upon the resignation of the individual member, the membership will be deemed resigned and placed on a resigned member's waiting list to be reissued by the Club.
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- Who is responsible for the operation of the Club?
McArthur Golf, LLC (the "Company") owns the Club Facilities. The Company is solely responsible for the government and administration of the Club Facilities and the Club and will have the exclusive authority to accept members, set dues and charges, and control the management and affairs of the Club Facilities and the Club.
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- Can members be assessed for operating deficits or capital improvements?
No. Members will only pay membership dues, fees and other charges established by the Club from time to time. Members will not be subject to any liability for operating assessments for the costs and expenses of operation of the Club or the Club Facilities. The Company will pay all operating deficits incurred in the operation of the Club Facilities and will retain all operating revenues resulting from operation of the Club Facilities.
Members will not be subject to any assessments from capital improvements, repairs or replacements unless approved by a vote of a majority of the total number of members who are in good standing.
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- How will the members have input into Club operations?
The Club will establish a Board of Advisors whose purpose includes fostering good relations between the members and management of the Club, providing the members with input on programs, plans and activities of the Club, and advising on the Club's policies and Rules and Regulations. The Board of Advisors shall have no duty or power to negotiate or otherwise act on behalf of the Club, its management or the members of the Club, and shall serve only in an advisory capacity. The management of the Club will have the final authority on all matters concerning the Club facilities and the members of the Club.
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- How can I contact the Club?
If you have additional questions or would like further information, please contact the General Manager at:
McArthur Golf Club Tel: (772) 545-3838 Fax: (772) 545-3828
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