Is Centre Bay Yacht Station a Club or an Outstation?
Centre Bay Yacht Station is actually a Corporation registered in the Province of British Columbia with 100 shareholders. You do not have to be a member of any Yacht Club to join. Actually, the Articles provide that there can’t be more than 40% of shareholders who are members of the same yacht club or association. The Company is governed by a Board of Directors with the AGM typically being held in May. All Shareholders are encouraged to attend and get involved.
Download the list of Directors Committee Members 2021-2022
How do I join Centre Bay Yacht Station?
Simply complete this application and submit it to family @ cbys.ca along with a $250 non-refundable deposit. Your application must be sponsored by one shareholder of CBYS along with one Director of CBYS. If you do not know a Director, you will be contacted for an interview.
How much does it cost?
Because CBYS is a corporation, you are actually purchasing a share from an existing shareholder who is selling her/his share. The costs are as follows:
- Share Purchase Price is $ 7,500 – the price per share is established each year at the AGM. When you sell your share, you will be refunded the current share price.
- Transfer Cost – $ 3,500 +GST – this is the legal cost to transfer the share to you.
- Annual Maintenance Fee – $1,000 +GST per year – this cost helps with the expenses of the club.
How often can I use the Station?
There are no restrictions on the number of nights you can stay at CBYS.
Can I bring friends and family who have a boat?
Yes, we encourage guests as most of our members who join are referrals. However, the same boat can only side-tie for a maximum of five nights once per year.
Is there a boat size restriction?
Yes, vessels over 55′ are not permitted to moor without prior written approval.
What about power?
No, there is no power on the docks. You can run your generator any time between 7:00 a.m. and 10:00 p.m., within reason.
How does work get done?
There are no paid employees or a designated caretaker. It is up to the shareholders to volunteer and pitch in when necessary. There are two formal work parties, one in the Spring and one in the Fall. There are a number of Committees and all shareholders are invited to participate.