Built on a four-decade legacy of privilege and privacy, Chub Cay, Bahamas is known as one of the most spectacular of the Out Islands. The island has attracted legendary sportfishermen and yachtsmen from around the globe. Its reputation for outstanding offshore fishing, miles of flats fishing and as a premier destination for diving is world-renowned. Currently the island is undergoing major renovations and development. An expanded state-of-the-art marina, new two-story clubhouse and pool, luxury villas, townhomes, a new $20 million energy plant and more are underway.

Situated at the southernmost tip of the Berry Islands, Chub Cay is 35 miles from Nassau and across the Bahamas Bank from the Bimini Islands. Its location positions it at the edge of the Tongue of the Ocean. The island is a short 45-minute flight by air and 125 nautical miles by boat from South Florida and a 10-minute flight to Nassau – where one can “hop” over for shopping, golf, entertainment and gambling.

The Master Plan for Redevelopment is Well on its Way

New Marina for Yachts up to 200’ - The newly expanded, multi-million dollar marina with floating concrete docks and an overall depth of 12 feet is open and accommodating yachts up to 200’. Included is a state-of-the-art, air conditioned Fish Cleaning House.

Customs and Immigration are available both at the marina and airport.

Currently, world-class fishing tournaments and special events are scheduled throughout the year.

New 20,000 Square-foot Clubhouse - The extraordinary new 20,000 square-foot, two-story, manor-style clubhouse is set to open in 2007. The first level will be open to members and guests of the marina and resort, offering a restaurant, bar, meeting rooms, reception areas, offices, and a living room with a fireplace for a relaxing ambiance during those breezy tropical nights. The second floor is for Chub Cay Club members only and includes an impressive Trophy Room with a historical collection of burgees, trophies, and photos. The third level of the clubhouse serves as an observation deck allowing members to enjoy an awe-inspiring view of the island with its gorgeous white beaches, and in the evening, the beautiful sunsets. Enjoy inside and outside dining.

Xeriscape Landscaping - Much of the landscape design incorporates a xeriscape philosophy--the use of native plants and other drought–tolerant plants that can significantly reduce water use. One of the main priorities is to maintain the integrity and propagation of the island’s native plants and flowers.

Preservation - Only a small portion of the 950-acre island will be developed and renovated. Most of the land will remain a natural preserve for mangroves and wildlife that have evolved over time.

Luxury Villas: Preserving Fine Living - Finishing touches are now being put on the first set of luxury villas. With five different types of villas available, owners can easily choose a home that fits their personality and lifestyle needs. The villa styles include a classic 2 bed / 2 bath Bungalow, an adorable 3 bed / 3 bath Cottage and Harbor House homes, the distinguished 4 bed / 4 bath Manor House, and the striking 5 bed / 5 bath Estate Home. All of the villas are luxuriously appointed yet comfortably casual with airy rooms and living areas, spacious private decks, private entrances, and many other features that give the owner a true sense of peaceful beachside living.

Beach Lots: Sand And Sea At Your Front Door – Lots are currently available along the stretches of two magnificent white sand beaches known as Queen’s Beach and Driftwood Beach. Lot sizes range from 1-2 ½ acres.

The extraordinary new infinity pool area overlooking the magnificent beach and brilliant turquoise Bahamian waters is the absolute place to be at sunset. Arrive early for a spot at the swim-up bar under the tiki hut and have drinks with friends…we highly recommend the famous “Harry’s Special.” At sunset, there is no other place in the world more breathtaking than Chub Cay.

Direct Flights – Gulfstream Connection Airlines provides flights four days a week to the island – Monday, Wednesday, Friday and Sunday. For reservations call: 1-877-226-2040 or 954-985-5241.

Further Renovation and Development Plans Include

· Deep-sea fishing, reef fishing and bonefishing guides and charters
· New $20 million integrated energy plant for electricity/water/sewage processing
· Resurfacing of the existing 5,000 ft. paved airstrip
· A Helipad
· A full-service dive shop offering lessons and trips for scuba and snorkeling
· A full-service fishing support facility, suitable for world-class fishing tournaments
· Additional deep-sea fishing, reef fishing, and bonefishing guides and charters

The Island Philosophy

Built around traditional Bahamian architecture, Chub Cay will offer and preserve a lifestyle that revolves around a love of the sea and all things natural and remain a family oriented Bahamian fishing destination.

CHUB CAY SCHEDULE OF MEMBERSHIP DEPOSITS, DUES, FEES AND CHARGES
Effective: January 1, 2007

MEMBERSHIP DEPOSITS

MEMBERSHIP DEPOSIT
Regular Membership $ 15,000
Founder Membership $ N/A

ANNUAL DUES
Regular Membership $ 2,500**
Founder Membership $ 2,500**

All dues, fees and charges are subject to change from time to time and to all applicable taxes.
**Regular and Founder Members will pay dues at 50% of the regular amount of $5,000 until the Club notifies the membership that it has substantially completed renovations of the Club Facilities other than the marina

BENEFITS OF REGULAR MEMBERSHIP
· Refundable Membership Deposit - 100% of the Membership Deposit actually paid for a membership will be refunded after resignation and reissuance of the membership.
· Immediate Family Privileges - A member, his or her spouse and their unmarried children under the age of 24 who are living at home, attending school on a full time basis or in the US military are entitled to membership privileges without having to pay additional membership dues.
· Club Facilities and Programs. A member and his or her Immediate Family shall have access to all the club facilities and programs offered on Chub Cay, plus other programs, such as free tickets to boat shows and access to fishing tournaments.
· Resigned Memberships Reissued Prior to Membership Sellout. A resigned member does not have to wait until all new memberships in the club have been issued before the membership is reissued and he or she receives a refund. Every fourth membership issued will be a resigned membership from the waiting list.
· Transferability of Memberships. Memberships are transferable through the Club to the subsequent purchaser of a member's residence or boat slip on Chub Cay or to a member's spouse, significant other or adult child.
· No Assessments. Members are not subject to either operating or capital assessments.
· Reduced Dues During Renovation. Members dues will be reduced to one half the regular amount during the time that the Club Facilities are under renovation.
· Member Preference. Members shall receive a discount of 10% on the rental of lodging units or boat slips on Chub Cay and preferred reservations in the clubhouse, at the marina and for lodging units.
· Club Access. Access and use of the private members .. only dub area including trophy room, dining room and bar.
· Discounts. Special members-only discounts from the Club's preferred vendor list.
· Boating Amenities. Boating amenities, which are planned to include on board dining, take-out and delivery services.