Present at meeting: Steve Lowe, John Springer, Nat Hart, Rich Munson, and Lynn Easley.
Call to order by Steve Lowe.
Present Minutes from last meeting
The minutes were presented by Lynn Easley.
Motion to accept minutes by John Springer, seconded by Steve Lowe.
Financial Report
Financial report was submitted by John Springer.
Receipts:
Receipts for the year 2024 through May 11thwere $2,045.00, which are dues from twenty members and the purchase of ball caps.
Disbursements:
Disbursements for the year 2024 through May 11th were $1,177.43 and are summarized as follows.
$553.96 Social – Membership Meeting and dock Party.
$400.00 Storage Locker and Slip for Notta Yachta.
$181.98 Bur-gees.
$24.89 Equipment (Propane)
$16.60 Copies.
Surplus/Deficit:
L.P.Y.C. has a cash surplus for the year through May 11th of $867.57.
General Comments:
The cash balance at May 11th , 2024 is $17,479.55, which includes $9,370.50 from the capital fund.
John Springer asked to change the applications on the website to change the payable to L.P.Y.C.
Treasury’s report was accepted by Nat Hart, and seconded by Lynn Easley.
Officer and Directors Reports
Steve Lowe – Noted that the marina was still planning on replacing some piers in June.
Lynn Easley – Asked about Dave Olson’s boat as it was gone. Steve Lowe said it was sold to a friend of Dave Olson.
Nat Hart – Mentioned having a raft up this fall. Preferably when he would be in town!
Old Business
Slip Waiting List:
Steve Lowe – Inner larger slip should one become available.
Empty slip was rented by the marina to David Youngblood who has a Seaward 25.
New Business
Additional Race Course:
Steve Lowe suggested having a race course for one or more of the races on the lower portions of the lake to be more accessible to members located on the middle to lower sections of the lake as its over an hour travel time to Saline Bay. The Fall Turkey Race was suggested as an option.
May 17th Third Friday Social:
John Springer suggested Roma’s in Tyler as a option as we need to send out a notice of the event soon.
May 18th Saturday Series:
Lynn Easley will send out a notice for Saturday’s race, hopefully weather will cooperate for a change.
Other Events:
Also suggested for this summer was a luncheon similar to the last two years as a summer event.
It was noted that club paid for events tended to better attended, although John Springer noted that the Christmas Party expense would probably use up most of the surplus cash for the year.
June 1st is the first of the two Saturday Series races scheduled in June before breaking for summer.
Date and Time of April Meeting:
The June meeting was set for Saturday June 8th at 11:30. Location will be determined later.
Adjournment:
Motion to adjourn by John Springer, seconded by Lynn Easley.