The Club has approved an amendment to our bylaws related to the terms of membership for our Young Professional Active Members. The vote passed 36-4 (we needed at least 37 votes in total to meet quorum requirements). The change adds a $200 admission fee for new Young Professionals (YP) and set their dues at $200 for a quarter for the first year, or until age 35, whichever comes first. Current YP members will be grandfathered; the change will apply to new YP members inducted July 1, 2019 and after.
Just as a reminder, we created the YP category a few years ago to see if offering significantly lower dues to this age group would grow our membership. The strategy did not work and has had a negative impact on our budget.