DECEMBER 2016 BEACON

NCYC Regular Meeting Minutes Page 2 of 6

Commodore’s Comments: Commodore, Chuck Stroh Welcome to our October meeting. Welcome to our newly elected Board of Directors visiting with us tonight. We had a great time closing the club with our last events but there is still a bit to do with the closing work parties. Please make every effort to attend as the leaders of the Club it is important that you show the way. Please show your support to Bill Calihan, Scott Greenfelder, and Daryl Campbell. Vice Commodore’s Comments: Vice Commodore, Pat Carroll The boats are starting to come out. It’s the end of the year. Welcome to the new directors. I think you will enjoy working with all of us. We have for a long time. Thanks, and let’s just move things forward. T Rear Commodore’s Comments: Rear Commodore, Randy Pagel At the past GMM we voted on new officers and directors and have a great Board to help us move forward and have an exciting 2017. I also want to personally thank Commodore Chuck and his bride, Sandi, for a great year in 2016. We have new By-Laws that also passed at our October meeting and will give our Club a much larger pool of candidates to choose from to run our organization. Please encourage members that you know that may be short on work hours to come to the last two work parties so we can get a good turnout and accomplish the winterizing tasks that need to be done. Financial Report: Treasurer, Frank Corcoran For the month of September, revenues were $22,720 and expenses $33,092, resulting in a net loss of $10,372 for the month. Year to date revenues through September were $298,214 and expenses $197,092, resulting in year to date profit of $101,123. Through September of last year, profit was $129,753. The lower profit in 2016 is due to lower revenues (92% of 2015) and expenses which are 2% higher than the prior year. Significant expense items for the month consisted of real estate tax of $11,638. On the balance sheet, total cash at September 30 was $178,625, including $47,655 of emergency funds, and $45,500 escrow funds for 2017 Member Note redemptions. Motion: Bill Calihan Seconded: Scott Greenfelder Motion Carried P/C Brian McEvoy The USS Detroit, a newly commissioned destroyer, will be parked downtown October 19 th , from 1:00 to 5:00 for review, and official commissioning on October 22, 2016. The ABYA will be consolidating and combining the expiration of harbor leases throughout their membership. NCYC east harbor lease expires in 2024. A new flag pole will be resurrected in downtown New Baltimore, it will measure 30ft by 60 ft. and will be visible for miles. ABYA Report: