A regular meeting of the Board of Trustees was held in the Clubhouse on February14, 2005. All Board Members and Flag Officers were present except that Captain Gary Stone was excused and Past Commodore Daryl Anhalt was absent.
CALL TO ORDER: A quorum being present, Chairman Elbon called the meeting to order at 1900 hours.
MINUTES OF THE PREVIOUS MEETING: Upon motion seconded and carried the minutes of the meeting of January 10, 2005 were approved without reading as submitted to the Board and Bridge by email from Secretary Richdale .
MEMBERSHIP REPORT: The candidacy for membership of Barbara Wood was approved by acclamation.
TREASURER’S REPORT: Captain Farber reported on the financial condition of the Club as contained in Ex. A attached. Additional efforts are being made to collect the eleven overdue moorage fees and the amounts overdue from nine advertisers.
Captain Jim Gregg’s withdrawal was accepted at the last Membership meeting.
The attorney for the Estate of Richard Ryen was contacted by Secretary Richdale and the overdue fees have been received.
PLANNING AND FINANCE COMMITTEE REPORT: Captain Farber reported the committee is investigating the possibility of arranging an automatic purchase of T Bills at 2.7 % rate of return with our deposits. Commodore McCrosky requested that action be taken to ensure that all of our deposits are covered by the $100,000 deposit insurance.
BOARD CHAIRMAN’S REPORT: Chairman Elbon circulated a summary of the suspension/expulsion procedures for unpaid overdue moorage fees and dues attached as Ex. B. A letter of expulsion has been sent to Captain Robert Henrikson.
COMMODORE’S REPORT: Commodore McCrosky reported that the last and final offer of the Club to the Ganges authority for club moorage has been made of $17,000 Can. per year with additional charges for utilities. We await the response.
The Junior Boating Club auction was attended by 80 members and raised $10,000. Up coming is the President’s Cruise on 2/19–21. The wedding party sponsored by the Club for Candace was appreciated very much by Candace. The Right Reverend Darly Anhalt presided.
VICE COMMODORE’S REPORT: Due to the lobbying effort of the VC Grimm and others the Seattle Fire Department’s proposals for sprinklers has been limited to dockage having single roof area over 8000 sq. ft. thus creating an exemption for the Club which has approximately 7800 sq. ft.. Roof vents will be required however at a cost of between $300 and $400 per vent for 170 vents. Curtain walls will need to be installed over a five-year period at a cost of $60,000 to $70,000. The funding for the 520 freeway expansion is not in the federal omnibus budget, which may cast doubt on the project.
REAR COMMODORE’S REPORT: R/C Bob Yates reported that the grounds are being worked on steadily. The security system needs to be adjusted as Captain Zuvich is not satisfied with the hinges. A contribution to the cost of the "park" property maintenance may be in order.
OLD BUSINESS: Captain Mauldin submitted the diagram for the dock work as contained in Ex. C attached. The proposal of Waterfront is attached as Ex. D. The Commodore and V/C Grimm are attempting make the proposal more specific in its terms. Captain Mauldin has established a line of direct and exclusive communication with Keith of Waterfront. Substantial savings can be achieved by member volunteers doing the work needed to the vertical supports and deck planking, cleats etc. Downspouts need repair as the leaks contribute to the dry rot problem. To date they have spent about $15,000 on the emergency repairs and $1500 on the engineering design. Waterfront is requesting a $30,000 deposit at signing of the contract. The new position of dock chairman for normal maintenance and long term planning is needed as soon as possible.
Secretary Richdale has submitted for review By-Laws for the QCYC Junior Boating Club and suggested that it should be done by the next meeting of the Board.
NEW BUSINESS: None
MEMBERS COMMENTS: Captain Jim Bailey suggested that "laddering" be used to spread the funds on deposit.
ADJOURNMENT: The meeting was adjourned at approximately 2000 hours.
Respectfully submitted,
David A. Richdale
Secretary