JUNE 2015 BEACON

Board Minutes April 23, 2015

Page 4 of 10

Point of Sale (POS) System "Gift Cards" Frank advised the Board that, with the implementation of the new POS system, members will have the option to "load" an amount of purchased credit onto their membership card for usage at the Bar, essentially much like a Gift card. To account for this new feature, future NCYC balance sheets will have an account titled "Gift Cards Outstanding" which will represent the aggregate amount of unused credit on Gift Cards. The Board discussed various operational aspects of the Gift Cards and the Commodore requested that the topic be added to the May Board meeting agenda to finalize certain policy aspects as to their usage. The following Motions were made: Motion: Moved by Randy Pagel to approve the financial report. Second, Ian Blackburn. Motion Carried Motion: Moved by P/C Vestal to allow a member to carryover any unused Gift Card balance to the following year. Second, Kim Miedema. Motion Carried P/C John Anderson With the excused absence of P/C Anderson, the Commodore provided a brief update on ABYA activities. Discussion ensued on accepting ABYA's request to host their annual Spring Dinner Dance on the Island on May 30 weekend. Motion: Moved by Kim Miedema to accept ABYA's request, with a limitation of 40 boats. Second, Ian Blackburn. Motion Carried Correspondence: Secretary Pagel read various administrative correspondence from other yacht clubs requesting approval to visit NCYC during the year. Randy also read a request from a senior member requesting the Board's approval for a permanent exemption from the annual Work Hours requirement due to health reasons. The Board received and read letters from P/C Jim Whyard and Jim Wunderlich. Motion: Moved by Randy Pagel to grant the senior member's request. Second, P/C Vestal. Motion Carried ABYA Report: