FEBRUARY 2016 BEACON

NCYC Regular Meeting Minutes Page 2 of 5

Commodore’s Comments: Commodore, Brian McEvoy Thanks to everyone for attending this last meeting of the year. I want to thank the Board members that are leaving and welcome the new members that are coming on board. I hope everyone has a Merry Christmas and a Happy New Year.

Vice-Commodore’s Comments: Vice Commodore, Chuck Stroh I want to thank Commodore Brian and his wife Renee for a great year. Also, thanks to the Board members that will be leaving this Board and looking forward to working with the new Board members. Merry Christmas and Happy New year to everyone.

Rear-Commodore’s Comments: Rear Commodore, Pat Carroll Thank you to Commodore Brian and Renee for a wonderful year. Thanks to all the Board members that are leaving and welcome to the new members. Merry Christmas and Happy New Year to all of you and your families.

Financial Report Treasurer, Frank Corcoran Thank you to the outgoing Board members and thanks and welcome to the incoming Board members. YTD November Revenue: 2015 profit is $115,000 versus 2014 profit of $130,000. The difference mainly due to the increased cost in the Comcast bundle, water, Clubhouse maintenance, including the bar floor and the thruster for Fin 3. The bank balance as of November 30 is $130,000. The loan balance is $75,000. Motion: Moved by PC Hugh Vestal to approve the financial report. Seconded by Randy Pagel. Motion Carried

ABYA Report:

P/C John Anderson