Minutes of Planning and Finance Meeting
September 7th, 2021 6:00 PM
Meeting held remotely via Zoom Meetings
P&F Committee Members: Chairman P/BC - Mark Weiss, P/BC- Gerald Fey, P/BC- Mark Vanderwall, Board Chairman Doug Wadden, P/BC- Rick Ashleman, Commodore Terron Lindholme, Vice Commodore Margaret Krows, Rear Commodore Michele Bedner, Treasurer Joyce Carlson
Excused absence: Jeff Ohlstrom
Opening Comments: Meeting called to order at 6:02 pm by Chairman Mark Weiss
Approval of Minutes: Minutes of June 1st, 2021 Unanimously approved as corrected
Commodores Report: The commodore reported that all committees are within budget, but any costs associated with the water main break are still unknown.
Doug asked if our insurance would be an option if needed to help with the damage from the water main break and the Commodore reported that Dean Lentgis said that it would likely be available.
Vice Commodores Report: The Vice Commodore reported that a bid of $4,300 was received for the cleaning of the boatshed roofs and that an additional bid is still pending.
The vice commodore will engage Dick McGrew for the locker floor cleanup.
Rear Commodores Report: The Rear Commodore reported that there have been no security issues since the homeless encampment under 520 was removed by the polices department.
Board Chair Report: The Board Chair reported that there were executive sessions of the BOT on 6/23 for a 520 discussion and 7/19 for new memberships.
520 payout now stands at $644,000 up $20k from the original $624,000.
Treasurer Report: Reported that a new bank account will hold the funds from the 520 payout. Also, a new budget line item has been created for the water main project.
Joyce will also host a P&F + BOT club accounting training session
Action Item:
Add to the agenda for the October P&F meeting to discuss the 520 payout/settlement allocation.
Old Business:
Motion Approved:
P&F recommends the version 7 budget to BOT for approval.
Dock 3:
The permitting for dock 3 may take as long as 12-18 months
P&F appointments
Jan Gould has been approved for the open P&F position
Mark Weiss to serve as P&F Chair a second term
Dues increase:
Only the Objective and Timeline slides should be used to introduce the dues increase to the BOT and then more detail will be shared as defined in the timeline slide.
New Business:
Action Items:
Mark: Add 520 line-item to Reserve Study and Capitol worksheet
Mark: For the BOT meeting “P&F is making the recommendation that the budget is approved as presented”
Meeting Adjourned at 7:40 pm
Next Meeting: - Tuesday, October 5th at 7:00 pm in-person and online