DECEMBER 2017 BEACON

NCYC Regular Meeting Minutes

12 October 2017

Page 2 of 5

Congratulations to our new board members elect; they have been invited to the balance of our meetings to give them an idea of what to expect for next year. I hope we don’t scare them away. Vice-Commodore’s Comments Vice Commodore, Randy Pagel We had beautiful weather for Haul-Out weekend. We all survived the breeze Saturday night. We had a good membership meeting, a great dinner and a good time. I also want to welcome the newly elected directors. I look forward to working with them in 2018. I want to thank Kim for all of her hard work over the past three years; I appreciate you working with Debbie as we make this transition. Let’s invite some members that we haven’t seen in a while to help us close up the club in the next two weeks. Let’s continue to focus on obtaining new members in the off season. There are eight on the waiting list; we need to continue the trend and see if we can double that by the time January comes. Rear-Commodore’s Comments Rear Commodore, Ian Blackburn I’d like to welcome the newly elected directors to the board family. I would also like to welcome the returning directors and our new Rear Commodore elect. We have two working meeting left; so let’s focus, and wrap things up nice and tight so we can hit the ground running in 2018. Financial Report Treasurer, Brian Fringer The financial report was distributed via e-mail prior to the meeting and summarized. September 2017 revenue was $ 29,000 and expenses were $ 38,000 for a net loss of $ 9,400; all of the taxes were paid in the month of September. The cash position at the end of September is $187,000. The end of the year estimate is $184,000. Kim Miedema requested a review of membership revenue categories to ensure 50% of initiation fees are put into the emergency fund. MOTION: Moved by TomMartin and seconded by Scott Greenfelder to approve the Financial Report. Motion Carried ABYA Report P/C Chuck Stroh The ABYA has launched a new website. Correspondence All No correspondence was received. CURRENT BUSINESS Activities – Tom Martin No report. Club House – Scott Greenfelder Preparation is under way for the work parties to shut down the club house. The water will be turned off and winterized on Sunday, 22 October, the day after the final work party. Scott is looking for parts to repair the stove before the club re-opens in the spring.