Membership & Bonds

🔑 What Does It Mean to Be a Bondholder at SPRA?

Being a bondholder at SPRA (Science Park Recreation Association) means more than pool access — it means you are a co-owner of a member-driven community.

SPRA is a nonprofit, member-owned swim club. When you join by purchasing a bond, you become a 1/350th owner of the organization. With only 350 bonds in existence, every bondholder plays a critical role in shaping the present and future of the pool.

With only 350 bonds, every bondholder has a stake in and commitment to the financial viability of the community. Dues are not optional — they fund the operation of SPRA. Unless you freeze your membership (which requires an annual inactive fee), sell your bond, or formally relinquish it back to SPRA ownership, you are required to pay dues every year — just as you would HOA fees or property taxes.

📘 What Is a Bond?

To become a part of SPRA, you must purchase a bond — either directly from SPRA (when available) or from an existing member. This is not a standard pool membership. A bond represents:

• 🏠 Ownership share in the Association
• 🏊 Access to unlimited pool use (dues paid)
• 🗳️ Voice in SPRA governance and decisions

Note: Bonds are not refundable by SPRA. You must sell or transfer your bond to another household using the Bond Transfer Form.

🤝 Responsibilities of Bond Ownership

Owning a bond is a privilege, but it comes with responsibilities. As a bondholder, you are not just a customer — you are a co-owner of the property and operations.

That means:

• ✅ Paying Annual Dues: These dues fund the operations, staff, insurance, utilities, and upkeep of the pool. Without them, the pool cannot function
• 🛠️Supporting Shared Infrastructure: When major issues arise — like the recent filter failure — bondholders are expected to lean in, not walk away. There is no “they” who will fix it. There is only “us.” If the pool faces a setback, it’s your investment at stake — and your responsibility to help support recovery.
• 🌱Promoting Long-Term Sustainability: SPRA relies on its members to think beyond a single season. This includes maintaining a positive, constructive relationship with vendors, volunteers, and one another.
• 🗳️Participating in Governance: You are encouraged to attend the annual meeting, vote on pool matters, and even serve on the Board.

🧾 Bond Ownership & Eligibility

A membership bond includes you, your spouse or partner, and any dependent children under 26 years of age who still list your household as their primary residence.

🔢 Why Only 350 Bonds?

SPRA is intentionally limited to just 350 bondholding families — and that’s by design.

🚪 If You Leave

You may transfer your bond to another household. Transfer Form

💰 2025 Annual Dues

🎟️ Seasonal Memberships

Seasonal members must purchase a bond to continue beyond one season.

🧾 Guest Policy

• 🎫 Single Pass: $8
• 🎫 5-Pack: $35
• 🎫 10-Pack: $60
• 🏠 Family Guest Pass (7-day, 50+ miles away): $60

2 free guest passes added to every account (family, single, and seasonal) when annual dues are paid – Each account will receive two one-time-use guest passes, which means they can be used for two separate guest visits or for two guests on the same day. These passes cannot be used repeatedly throughout the season for the same guest.

Guests must be accompanied by a member and are limited to 10 visits per season.

👩‍🍼 Caregiver Policy

• Seasonal Add-On: $160
• Daily Rate: $5

Caregivers must be accompanied by a member.

🎉 Pool Rentals

SPRA is available for private events. Contact poolmanager@spramembers.com.

📋 Bonds Available for Purchase

Looking to join? SPRA has bonds available for purchase directly from the organization for $500. Please contact us at bonds@SPRAmembers.com for more details or to purchase a bond. Or you may purchase directly from one of the private bond holders below:

📧 Questions? Contact bonds@spramembers.com

📄 Learn More

• SPRA Bylaws (PDF)
• Bond Transfer Form (PDF)