*  Subject to member approval of proposed membership program

Privileges:

Equity Golf Members are entitled to use all of the club facilities.  Equity Golf member are not required to pay greens fees and are afforded five-day advance starting time privileges.

Non Equity Golf Members are entitled to the same club privileges as Equity Golf Members however their initiation fee is non-refundable.

Equity Social Members are entitled to full dining & social privileges at the club.  From November 1st through April 30th  Equity Social Members are allowed to play golf a maximum of 6 times per membership.  Play is subject to available starting times and the payment of green fees and cart fees.  From May 1st through October 31st Equity Social Members may golf without limitation and without payment of greens frees.  Equity Social Members are afforded a 3-day advanced starting time privilege. 

Food & Beverage Minimum:  The above memberships are subject to a $1,200.00 per calendar year food and beverage minimum.

Annual Dining Members are entitled to dining and social privileges of the club for the calendar year 2007.  Since Pelican Marsh Golf Club is a private facility only open to members,

Golf Fees:

Greens Fees + cart fee & tax	Member/Guest before 12:00 p.m.	Member/Guest after 12:00 p.m.	Family/Guest before 12:00 p.m.	Family/Guest after 12:00 p.m.
Jan-April	$105.00	$85.00	$80.00	$65.00
May	65.00		50.00
June-Sep	45.00		25.00
October	65.00		50.00
Nov-Dec	105.00	85.00	80.00	65.00

*Non-equity memberships being offered at $25,000 (limited number available)

**Equity Golf Memberships being offered at $37,500 (limited number available)

***Equity Social Membership being offered at $9,000 (through October)

Annual Capital Assessment: Golf Members $1,000 * no tax, Social Members $400 *no tax

Food Minimum:  The above memberships are subject to a $1,200.00 per calendar year food minimum.

PRIVILEGES:

Equity Golf Members are entitled to use all of the Club facilities.  Equity Golf members are not required to pay greens fees and are afforded five-day advance starting time privileges. 

Non-Equity Golf Members are entitled to the same club privileges as Equity Golf Members however their initiation fee is non-refundable.

Equity Social Members are entitled to full dining & social privileges at the club.  From November 1^st through April 30^th, Equity Social Members are allowed to play golf a maximum of 6 times per membership.  Play is subject to available starting times and the payment of greens fess and cart fees.  From May 1^st through October 31^st, Equity Social Members may golf without limitation and without payment of greens fees.  Equity Social Members are afforded a 3-day advanced starting time privilege. Social Members have access to the practice facility year round.

 Annual Dining Members are entitled to dining and social privileges of the club for the calendar year.

 GOLF FEES:

Inclusive Golf Fees       (green fee, cart fee & tax included)			Member/Guest before 12:00 p.m.			Member/Guest after 12:00 p.m.		*Family/Guest before 12:00 p.m.			Family/Guest after 12:00 p.m.
	Jan - April		$145.00	$85.00			$102.00			$52.00
	May		52.00				42.00
	June – Sep		42.00				34.00
	October		52.00				42.00
	Nov-Dec		$145.00	$85.00			102.00			$52.00
		Cart Fees (includes tax)			18 Holes $26				9 Holes $16.50 plus ½ the full guest fee
		Golf Member Usage Fee Includes: Bag storage, Locker, Handicap system			$250*				Annually per membership *Additional fee if spouse also plays golf.

*Family Guest—Includes  parents, grandparents, children, siblings & spouses of family members

Guest Fees are an all day rate. Cart fees will be paid on additional play

All fees and dues are subject to change without prior notice.

This schedule of fees updated November 5, 2008