IRON HORSE GOLF CLUB, INC.
FREQUENTLY ASKED QUESTIONS
The Iron Horse Golf Club, Inc. offers the opportunity to purchase an Equity Membership in the Club.
Membership provides the opportunity to use the Club’s recreational facilities and to become a voting member of a member-owned club.
Member-ownership answers the open questions as to what will become of the Club Facilities in the future, by clearly establishing which entity will own and control the Club Facilities after the development of the Iron Horse residential community is complete. The members themselves will ultimately set the rules and costs of membership privileges.
The Club will fund the costs of constructing and equipping the Club Facilities from membership contributions received from the issuance of the memberships retained by the Club. All costs of construction will be paid by the Club from the proceeds of membership it sells and members shall not be assessed for the costs of construction.
The Club Facilities include the following:
- 18-hole Tom Fazio golf course
- clubhouse consisting of approximately 26,000 square feet
- golf pro shop
- practice facility
- dining room and mixed grill
- fitness center
- men’s and ladies’ locker room facilities
- massage rooms
- Fish Camp Lodge
- four tennis courts
- two swimming pools
- marina on Whitefish Lake
The construction of the Club Facilities was completed in phases: Entire 18 holes of golf course during the summer of 2000 Clubhouse during the summer of 2001; and Remainder of Club Facilities during the summer of 2002 Expansion in 2009, Refurbish in 2018, 2019, 2020
The Club will offer two categories of Equity membership: Golf Membership and Social Membership.
The maximum number of Golf Memberships will not exceed 300, the maximum number of Social Memberships will not exceed 25, and the maximum number of Junior Golf Memberships will not exceed 15 (Junior Golf Memberships are non-Equity).
Golf Members are entitled to 4 votes per membership and Social Members are entitled to 2 votes per membership on all matters to be voted on by the members of the Club.
A Social Membership entitles the member to use all dining, tennis, swimming, marina, fitness, and social facilities of the Club. Prior to October 1, Social Members are subject to the guest policy when golfing (must be accompanied by a Golf Member and pay guest fees). After October 1, they may play the course up to 6 times unaccompanied and do not pay guest fees (per calendar year).
You must submit a fully completed and executed Application for Membership and go through the application process in place. If approved, you will receive an invitation for membership.
Yes. Membership entitles the member, his or her spouse and their unmarried children under the age of 23 who reside at home or attend school on a full-time basis to use the Club Facilities in accordance with the membership category selected by the member. In addition, the Club may permit a member’s parents, adult children and grandchildren to use the Club Facilities as Extended Family in accordance with the member’s membership category and upon payment of applicable fees and charges established by the Club from time to time. Extended Family privileges are not included with a Junior Golf Membership.
An unmarried member living together with another individual in the same household as a family unit may designate the other individual to use the Club Facilities as an immediate family member on a membership year basis, subject to the approval of the Club, in its sole discretion. The member shall be responsible for the payment of all charges and fees incurred by the designated user. The Club reserves the right to establish such fees and other rules it deems appropriate.
The purchase price of an Equity Membership is set forth in the Membership Purchase Agreement. The purchase price for memberships will be the initiation as determined by the Board of Directors.
Can my Equity Membership be transferred to the subsequent purchaser of my home or homesite in the Community?
Yes, your resigned membership may be reissued through the Club by resigning and arranging for the Club to reissue the membership at the set initiation fee.
In the event of the divorce or separation of married members, the membership, including all of its rights and benefits will vest in the spouse awarded the membership certificate by an agreement of separation or a decree of divorce. Until such written notice has been provided to the Club, (i) neither person shall be permitted to use any of the Club Facilities; and (ii) both persons shall remain responsible for the payment of all dues, fees, assessments and charges associated with such membership certificate.
Will the Club have monthly minimums for food and beverage while the Company is in control of the Club's operations?
For further information, please contact:
Iron Horse Golf Club, Inc.
2150 Iron Horse Drive
Whitefish, MT 59937
Telephone: (406) 863-3100