October 9th 2015

MONTHLY MEETING MINUTES

 

Present at meeting: Rick Walker, John Springer, John Owens, Bob Pryor, Steve Lowe, Dana Adams, and Lynn Easley.

Call to Order by Rick Walker.

Present Minutes from last meeting

The minutes were presented and approved. Motion to accept by John Springer, seconded by Bob Pryor.

Financial Report:

 

Receipts for the year through October 9th, 2015 were $1,575.00, which consists of $1,500.00 form current year dues from fifteen members and $75.00 for hats and bur-gees.

 

Disbursements for the year through October 9th 2015 were $1,934.65. $1,686.97 was for socials and $89.68 for trophies, $42.00 for the rental of the post office box, and $116.00 for hats.

 

The net of receipts over disbursements results in a year to date cash deficit of $359.65.

 

The cash balance of $20,372.26 and includes $14,087.50 in a capital reserve.

 

We have fifteen dues paying members in 2015.

Motion to accept treasury report by John Owens, seconded by Steve Lowe, all in favor.

 

Old Business

New Members:

Bob Pryor will verify that the new members have received their caps and bur-gees.

Lake property for Sale:

 

The owner(s) of the property that could house additional slips have decided not to sell.

New Business

Christmas Party:

The Christmas party is currently scheduled for December 12th at Eagle's Bluff Clubhouse from 6:30 pm till 8:30 pm. The choice of menu from three options will be decided at a later date. The LPYC will be accepting a Toys for Tot's toy donations. Also planned is a nautical trivia last person standing game.

Annual Meeting:

 

The annual meeting of the club is scheduled for the third Saturday of January 2016 from 6:00 pm till 8:30. Several directors will be inquiring at different establishments to determine the best location for it. Discussed having one of the director positions as the Social Director.

 

Directors Positions:

 

Three director positions are up for election at the end of the year. The positions of Bob Pryor, Steve Lowe, and John Owens are up for election. Nomination emails will go out in November, and election of the three directors will take place at the annual meeting.

Adjournment:

 

Motion by John Springer. Seconded by Bob Pryor to adjourn. Approved.