JUNE 2016 BEACON

NCYC General Membership Meeting Minutes Page 6 of 8

Motion: Moved by Scott Greenfelder to approve the Forward Planning Agenda. Seconded by Ed Romatz. Motion Carried.

2. NCYC 2015 Financial Report

Frank used a power point presentation to review the 2015 YTD Budget numbers. This presentation was sent out to the entire membership before the meeting. The revenues and the expenses were reviewed. Motion: Moved by Scott Greenfelder to approve the financial report. Seconded by PC Scott Bell. Motion Carried.

3. NCYC 2016 Operating Budget

Frank presented the 2016 Operating Budget to the membership. The report included the revenues and expenses for each account. This presentation was also included in the power point presentation that was sent out to the membership. Motion: Moved by PC Harley Burris to approve the 2016 operating budget. Seconded by Bill Calihan. Motion Carried.

Chuck Stroh presented his 2016 Capital projects. His projects are as follows:

WI-FI completion

$ 500 $2,500 $8,500 $20,000

(3) WI-FI cameras of club harbors

Lawn Mower

Bar floor & equipment upgrades (2) TV's in overnight rooms with antennas Signs on all wells & harbors map board

$500

$2,000

Amp for outside speakers

$500

POS Upgrades

$1,000 $1,500 $1,000

Pizza Oven

(2) Overhead projection screens

WI-FI Weather Station

$500

Total

$38,500 ($15,000) $23,500

Less: Anticipated Donations Net Membership Cost