A Board Meeting of the Raritan Yacht Club was called to order at 20:05 on May 10, 2005.

1. Roll Call

N

D

J

F

M

A

M

J

J

A

S

O

N

Commodore Len Keating

n

x

x

x

x

x

x

VC Dave Frizell

o

x

o

x

x

x

x

RC Vicky Jo Neiner

x

x

x

x

o

x

PC William B. Adams

m

x

x

o

x

x

x

Jim Bauer

e

x

x

x

x

x

x

Richard Codd

e

x

o

x

o

x

x

James Mackevich

t

x

x

x

x

o

o

Ann Myer

i

x

x

x

x

x

x

Skippy Paul

n

x

x

x

o

x

x

PC Raoul Rabiner

g

x

x

x

x

o

x

Tony O’Reilly

o

o

x

x

x

x

Peter Rebovich, Jr.

x

x

o

x

x

o

Barry Rosengarten

x

x

x

x

x

x

Jerry Solas

x

o

x

o

x

x

Roger Young

x

x

x

x

x

x

x = present, o = absent

2. The April minutes were accepted.

3. Non Board members were invited to speak. A concern was raised that when the Club took in new members at last month’s Board meeting and brought the total of Regular members to over 300, it was against the By Laws. Such a change should not have occurred without a meeting of the membership. Len explained the rationale for bringing in the extra people. Among the reasons was the fact that applicants who own boats need to be able to join in the spring, the beginning of the boating season. If they are not able to join, they may go elsewhere. The average membership count for the year would still be 300.

4. Shep King presented the Financial Report for the four months ended April 30, 2005. The cash balance at April 30 was $155,909. Excess revenues over expenses YTD were $83,435 vs. $50,575 budgeted. The difference was mainly a result of initiation fees. The year end statement was reviewed by an outside accountant. The tax return was filed. In response to a question from Barry, it was noted that the Club’s insurance is based on replacement value, but the actual value needs to be addressed. Len is doing this with the insurance agent. Jack Buzzi added that in 1999 this issue was completely reviewed, and the value of the property and equipment was assessed at 1.4 million dollars. In response to another question, it was stated that the remaining mortgage is about $17,000, and the interest rate is 7½%. Shep reminded that Board that the 4 JY15s still need to be sold. A suggestion was made that the Club should keep them if it is not too expensive to bring them to good working order. Ann offered that the Club should not own more JY15s than it does now.

5. Vicky Jo Neiner presented the Rear Commodore’s Report.

a. Repairs to the bulkhead and pilings caused by winter storm damage have been completed under budget, thanks to the volunteer labor.

b. The Sea Scouts are working hard and are a great asset. Boat bottoms have been painted, the beach has been cleaned, and gravel has been spread in the yard.

c. Dave Kempf has greatly improved the Race Committee boat.

d. Mark Rebovich has cleaned and detailed the launch. The Kilman has transmission problems. Two new launch drivers have already quit, which leaves the Club in a critical situation. The launch schedule may have to be revised.

e. The Race Book is available.

f. Launch day went smoothly.

g. Yard lockers were inventoried.

h. Vicky met with the mooring operators. Mooring rules will be published in TellTales. She is working on having GPS locations for all moorings.

6. Dave Frizell presented the Vice Commodore’s Report.

a. The house is in fairly good condition. Because the cleaning person is not showing up for work, she will be fired.

b. There is currently no house chair. Bob Morrison is temporarily filling this position.

c. Tony is handling galley issues.

d. Permits for the floating docks have been signed. The paperwork has been submitted to the DEP.

7. Len Keating presented the Commodore’s Report.

a. On Opening Day, there will be a wine and cheese reception with cash bar on the deck. Richard Stillman will provide entertainment. Joe Le Compte will sing “God Bless America” at the ceremony.

b. Perth Amboy will spend up to $100 million to clean up a piece of property where retail stores will be constructed. A CNN study showed that real estate appreciation in Perth Amboy was one of the highest in the country.

8. Ann reported on racing.

a. Not as many youngsters are entering the summer sailing program as in previous years. Perhaps advertising in newspapers would help.

b. About 30 people attended the skippers meeting. Rules were discussed.

c. The Race booklets are available, and race pads will be printed.

d. There will be a limited menu on Wednesday nights.

9. Jerry Solas reported that the new cash registers went into operation on April 27. There were only minor problems. There are no plans to incorporate the system with the Galley at the present time.

10. Old Business.

Raoul noted that according to the By Laws, a Distant member may rejoin at any time. Dave added that the wording is not the same as for Continuation members.

11. New Business.

a. Bill queried as to when the details from the contractors will be available to the Board. Dave responded that he expects them soon and hopes to have the plans for the house project ready for the June or July meeting. Permits for the wave attenuation system are expected to take one year. The Club will have five years to build.

b. Vicky opened a discussion of the launch issue and inspection. The Great Beds launch must be inspected if it is to carry more than six passengers. There is no “backdoor” to get certified. It would cost $25,000 to $35,000 to bring it up to spec. A certified used launch would cost $40,000 to $50,000. It was decided that the Flag officers, Steve Biniewicz, Steve Gillooly, and Bill Adams would develop a plan and then call a one-item Board meeting. A Special meeting of the membership would then be scheduled.

12. The meeting was adjourned at 22:20.

Respectfully Submitted,

Fred Hartner

Secretary

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