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FINANCES As of 1st January 2006 the clubs deficit was just under 122.000 Euros. That is 122 Euros for each week. At December 2007 it was 145,000 euros or 145 euros per week. At present Puerto Colon SA have not charged us interest on this deficit but this may change soon so club must have a surplus over the next 4 years. With the current non payment of fees running at over 40,000Euros a year with 2006/7 non payments and weeks the club has taken back already but can not resell or let, future years fees are likely to see a double figure rise. The club has weeks for sale or rent. Tell your friends and get them to purchase or rent a couple of weeks for a nice relaxing holiday. this will help club finances. You can also have extra holidays yourself by renting at a different time of year, or adding a week on to your exixting holiday. With this in mind, and in an effort to prevent it, with immediate effect the 20% late fee will be strictly enforced and RCI will be informed of defaulting owners and any exchanges made will be revoked by RCI and the Club and the Resort you are exchanging to. Any defaulting owner who arrives to use their weeks will need to show proof of payment of all outstanding fees PLUS the 20% before they will be issued with their keys or they will have to pay reception in cash. Payment can be made at the Port Office by credit card but a 2% fee will be added for credit card payments as the clearing companies take 2% anyway.
HAVING TROUBLE PAYING YOUR FEES? If you are having trouble paying your Maintenance Fees then contact the Resort as soon as possible. Please contact Club if you have problems paying your Maintenance fees. The Club might be able to rent your weeks to cover the Maintenance Fee. You could also use the Members Requests page to see if anyone wants to rent them from you for that particular year.
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