The Freedom Swim Club is a non-profit organization with a family membership of 300. To become a member, each family purchases a bond, pays the initiation fee and the annual dues. The family is then entitled to full use of the facilities and one vote on any issues raised at the annual meeting.
The cost of the bond is returned when a family resigns and another family on the waiting list purchases the membership. The application fee and initiation fee are nonrefundable.
Applications are received with application fee and placed on the waiting list by order of date received. When a resignation is received in writing, the membership is offered to the first person on the waiting list, who has the option to accept, refuse, or be put at the end of the list for consideration again when their application comes to the top of the list. This can only be done one time. The membership is offered to those on the waiting list until it is accepted.
The cost of the bond and initiation fee are to be paid within 30 days of acceptance of membership and the annual dues are paid within 30 days of receipt of the invoice (usually by April 1).