AGCC New Member Formula
(4 year phase-in)
Adopted August 26, 2014
- Dues are $263 + tax; stock payment is $200 & capital improvement fee (CIF) is $180. All payable upon joining. Total $643 + tax.
* No required food minimum.
- Dues are $473 + tax; stock payment is $200. Both payable in January. Total $673.
- Capital improvement fee (CIF) of $15 and food minimum of $30 are payable monthly.
Years 3 and 4:
Dues are at 50% & 25% discounts from standard, respectively. Member will have option of paying dues monthly, along with CIF and food minimum, but stock payment of $200 is due in January. (Formula for paying dues monthly is add 8 1/2%, divided by 9 & pay in equal amounts January – September.)
Full membership dues apply, along with final $200 stock payment. Stock certificate is issued & member acquires voting rights.
If a member resigns during the phase-in period, that member may rejoin after a one- year hiatus, but upon rejoining shall pay full membership fees plus entire stock payment of $1000, with no credit given for stock payments made during prior phase-in period.