The Palos Verdes Estates City Council Tuesday entered into a concession agreement with the Palos Verdes Beach and Athletic Foundation, a private nonprofit corporation organized to restore and equip the dilapidated, 60-year-old city-owned Roessler Pool.
Under the agreement, which is similar to other agreements with golf and tennis clubs on city property, membership fees will be used to pay for pool restoration at no cost to the city. Renovations will not begin until 350 members join the foundation and $900,000 is earned in initiation fees and bequests.
The first 300 memberships will be offered to residents at a reduced rate of $1,800 per family and $3,600 for resalable memberships, Councilwoman Ruth Gralow said. The full price of a family membership will be $2,000, and a resalable membership will be $4,000. Membership rates for senior couples will remain at $1,200. Members will also be charged monthly dues of $50.
The estimated cost of the rehabilitation is about $1.5 million, according to a staff report. Foundation members hope to get up to 560 families to join.
The restored Roessler Pool will include a clubroom with kitchen facilities, a fully equipped exercise room, locker and shower rooms, children's play area, volleyball court, cabanas and barbecues, snack bar, adult lounge and beach access.
If city residents don't fill the membership roster, up to 80 non-resident memberships will become available, according to the report. Non-residents will pay $60 per month in dues.
Invitations to join Palos Verdes Beach and Athletic Club will be mailed to Palos Verdes Estates residents Oct. 10.