OCTOBER 2016 BEACON

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NCYC Regular Meeting Minutes
Page 2 of 6
Commodore’s Comments: Commodore, Chuck Stroh
I want to say thank you to those who attended the Commodores Golf outing and the Commodores
Cruise. Both events were a great time for all who participated.
Here we are in August and it is time to focus on the tasks that remain for this Board.
The open Rules committee items
The By-law changes
The election of officers – as we process the list of candidates tonight it is very important that each of
you are sure that those candidates that you vote to bring forward to the general membership are people
that have shown that they have the clubs best interest at heart in their actions and words and are those
that will keep the clubs path and traditions in place for the future.
Reading for the Budget preparation for 2017
After this meeting we only have 3 Board meetings left, since the December meeting is mainly a
celebration with little or no real business done. Please support Frank and Pat in getting the necessary
data to produce a quality budget for the club.
Vice Commodore’s Comments: Vice Commodore, Pat Carroll
We continue to look for qualified members to run for the board, if you know of anyone please
encourage them to contact the nominating committee.
Rear Commodore’s Comments: Rear Commodore, Randy Pagel
Here we are at the middle of August and we have had a great summer boating season so far. We had a
great time at the Commodore’s Cruise in Jamestown, Kentucky. Weather was great and we had about
84 members and guests cruise around Lake Cumberland.
We have the last rendezvous in St. Clair the weekend of August 27th. Our fleet captains, Glenn and
Sheila, have done a fabulous job with the first two, and I am positive the St. Clair Rendezvous will be no
exception!
We still have lots of summer left, so come out and enjoy our club and your friends at NCYC.
Financial Report: Treasurer, Frank Corcoran
July 2016
For the month of July, revenues were $42,962, expenses $29,784, resulting in a net profit of $13,178 for
the month. Year to date revenues through July were $240,602, expenses $134,618, resulting in year to
date profit of $105,984. Through July of last year, profit was $117,780. During July, we booked $9,900 in
overnight dockage revenue, bringing YTD amount to $13,187; this compares to $6,470 at this time last
year. We also received $4,500 from First Mates for their 2016 designated contribution.
On the balance sheet, total cash at July 31 was $183,175 including $47,648 of emergency funds, and
$34,125 escrowed for Member Note redemptions in 2017.
Motion: Pat Carroll Seconded: Randy Pagel Motion Carried