3.7.
Real Estate Broker/Salesperson Real Estate Card:
A licensed real estate broker or salesperson actively representing
an Owner or potential buyer in Pelican Bay for the purpose of selling or renting such Owner’s Unit may be issued a
Real Estate Broker/Salesperson Card allowing access to certain Foundation Common Areas. Cards will be issued for
only one day. This card may not be transferred to any other person.
3.8.
Exceptions:
The Foundation President is authorized to make exceptions to the Rules contained in Sections 3.3
through 3.7 on a case-by-case basis.
3.B. GIFTS TO THE PELICAN BAY FOUNDATION
1.
Foundation Responsibility and Authority
1.1. A prospective donor is to notify the President of the Foundation of his or her desire to make a gift to the
Foundation.
1.2. The Foundation has the authority to approve or decline the receipt of gifts, including but not limited to declin-
ing a gift of money, if the conditions attached to its use are not compatible with Foundation policies or if the gift is
an endowment that the Foundation does not have the capacity to manage. The Foundation also has the authority to
approve the disposition of gifts given to the Foundation.
1.3. The Foundation has the authority to decide whether a gift of money should or should not be used to support
activities, or purchase articles, that would ordinarily be funded by the Foundation’s operating or capital budgets.
1.4. When a prospective donor notifies the Foundation of his or her desire to make a gift that is not related to a previ-
ously approved program, the Member Policies and Relations (MP&R) Committee will examine the nature of the
proposed gift and the conditions attached to it, and make recommendations to the Board. The Board has the ultimate
authority to accept or reject the proposed gift, with or without conditions.
1.5. An existing donor program may be ended or changed at any time by the mFoundation Board. If an appeal is made
by a member to continue the program or to object to a change in the program, the MP&R Committee shall be consti-
tuted as in 1.4. to review the appeal and make recommendations to the Board.
2.
Limitations
: The Pelican Bay Foundation is not a charitable organization as defined by Section 501(c)(3) of the Internal
Revenue Service Code. Consequently, contributions to the Foundation are not tax deductible. Any persons desiring to make a
gift should consult their tax advisor. No guarantee is made by the Foundation that a gift is tax deductible.
3.C. LEASING
1.
Process
: The following documents must be submitted to the Foundation Office at least 30 days prior to the lease period.
This requirement also applies to any extension of the lease. An incomplete lease application could result in a delay of up to
thirty (30) days in the issuance of Tenant Cards.
1.1. Completed Lease Application Form.
1.2. A check for the tenant member processing fee in effect at the time of Application plus the prevailing fee for
each Tenant Card requested which exceeds the first two Tenant Cards issued to the Tenant. The check should be
made payable to the Pelican Bay Foundation. These fees are non-refundable even if the Member does not enter into
the lease with the Tenant, the Neighborhood Association fails to approve the lease, or if the Tenant shall cancel for
any reason.
1.3. If the Member’s Unit is subject to Neighborhood Covenants which require the Neighborhood Association to
approve the lease, the Member must submit a copy of the Neighborhood Association’s approval letter/document.
If the property is a single family home, a copy of the executed lease is required in lieu of Association approval.
1.4. The Member must relinquish all Foundation Issued Cards which have been issued to the Members and any family
member. All member cards must be turned into the Foundation prior to the lease start date for their tenants.
2.
Issuance of Tenant Cards
: Tenants are required to pick up their own Tenant Cards in person and produce a government
issued photo ID at the Foundation Office. Tenant Cards expire when the lease expires, as indicated by the copy of the lease or
condo association approval letter provided by the Member. If a Member extends the lease, the Member must provide a copy
of the condo association extension approval in order for the Foundation to extend the Tenant Cards.
3.
Return of Member Cards
: Upon termination of the lease, the Member may pick up his/her Foundation Issued Card from the
Foundation office.
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Pelican Bay Member Guide 2018
PelicanBay.org
