April 11th, 2017
MONTHLY MEETING MINUTES
Present at meeting: Ben Hooks, Steve Lowe, John Springer, John Owens, Chuck Brazell and Lynn Easley.
Call to order by Ben Hooks.
Present Minutes from last meeting
The minutes were presented by Lynn Easley.
Motion to accept by John Owens, seconded by John Springer.
Financial Report
The financial report was presented by John Springer.
Receipts:
Receipts for the year 2017 through April 11th were $2,025.00, which consists of current year dues from twenty members.
Disbursements:
Disbursements for the year 2017 through April 11th were $1,353.95 for operations and $511.69 for capital items, resulting in total disbursements of $1,865.64. Disbursements are as follows.
1. $463.24 Social – Annual Meeting and propane.
2. $385.00 Storage Locker at Lake Palestine Marina.
3. $176.09 Bank printing fees – Checks and deposit slips
4. $100.00 Barge slip rental.
5. $81.00 P.O. Box rental.
6. $80.00 Trailer Storage.
7. $68.63 Regatta Trophies.
Surplus:
For operations, receipts exceeded disbursements resulting in an operating surplus of $671.05.
General Comments:
The cash balance as of April 11th 2017 is $16,388.12 We have 20 dues paying members in 2017.
Motion to accept treasury report by Steve Lowe, seconded by Chuck Brazzell.
Old Business
No Wake Buoys:
Still having issues with boats creating wakes in the no wake zone. Suggestions are to move the no wake buoys out further away, and possibly add more. There are currently two no wake buoys around the marina.
Lake Palestine Yacht Club Signs:
Dana Adams dropped off two other LPYC signs from the old Emerald Bay Marina location. One has the old telephone number on it, the other still has “Emerald Bay” on it, both are just vinyl lettering decals, and can be be removed or covered over with tape, or paint. John Owens suggested mounting the smaller one on the outside of the grill on the barge. It would be visible to incoming boat traffic. The larger one could be mounted next to the entry gate going into the slips. Just need to verify approval with the marina owners.
New Members:
LPYC welcomed Ron and Darlene McKay as the newest members to the club. Two additional persons are expected to soon join. One of the prospective members asked for some help looking over his roller furling to make sure he has everything he needs before raising the mast. Several members volunteered.
Wednesday Night Races:
The Wednesday night training races have had good turnout. Six boats made the first event, and despite the high winds, four skippers turned up for the second event. With the high winds, the skippers just elected to wait to later in the evening when the winds died down and just do a delightful night cruise.
Committee Meeting Updates:
The next Committee meeting will follow the this directors meeting. Everything looks to be in good shape. Bob Pryor has laid out possible race courses. Registration forms have been emailed out to members and posted to the website. Several power boats will help with setting buoys and ferrying people. Still hoping to get some photographers for the regatta. The next committee meeting will be April 27 to handle any last minute details.
New Business
May and June Socials:
No third Friday event in April with the Regatta the following weekend. The club will having a cookout on the dock for the participants and the members for the Regatta. The Cheeseburgers in Paradise dock party is planned for May 27. For the June social, a sailing skills video complements from C.D. Sharp is planned to be presented in addition to the social event. Several directors expressed an interest in seeing the video sooner.
Next Director Meeting:
The next directors meeting will be May 9th at 5:00 pm at Clear Springs Restaurant in Tyler.
Next Committee Meeting for Spring Fling Regatta:
The next Regatta Committee meeting is scheduled for April 27th , last meeting before the Regatta.
Adjournment
Motion by John Owens. Seconded by Steve Lowe to adjourn. Approved.