December 10, 2019 — Board Minutes
The Ipswich Outboard Club Board of Directors held a regular meeting at the St. Lawrence Literary Society, Ipswich, Ma. Commodore Clifford called the meeting to order at 7:04 pm. All IOC officers and directors were present except for Rick Tucker.
The minutes from the previous meeting on November 7, 2019, were approved as submitted.
Secretary’s Report:
- Email and PO box are clean.
- Trying to contact cons comm about Summer Street project.
- Hanover Insurance forms have been completed.
- A business line of credit would be $3000 closing costs.
- Annual mailing party scheduled for 12/30.
- Boat US cooperative agreement is done.
- All bills have been given to the treasurer.
The secretary’s report was approved as submitted.
Treasurer’s Report:
- Checking account $27,017.10
- MMCH 4,914.78
- CD 25,364.66
- Total $57,296.54
- All bills have been paid
- 2020 budget was reviewed and approved.
- Loan balance: $11,309.74
The treasurer’s report was accepted as submitted.
Vice Commodore’s Report :
- The parking lot cable is installed.
- The fence will be repaired at the top of the lot.
- The moorings are sitting on the ramp.
The vice commodore’s report was accepted as read.
Old Business:
- Annual meeting scheduled for 1/21/20. Pizza/drinks will be served. Steve Clifford will coordinate pizza. Dave Morin will coordinate all necessary papers. Nominating committee and financial audit being planned. The week of 1/12 will be the audit.
- The capital plan will be reviewed at the next board meeting.
- A lengthy discussion was held on leave of absence. Many members have been on the list for years. Motion made to have the LOA fee be $100, seconded, and approved.
New Business:
- Next IOC Directors meeting scheduled for January 7, 2020, at 7 pm at the St. Lawrence Society.
- Directors and officers nomination discussion was held.
- A large discussion was held on a new shed with possible fresh water and bathroom access.
- Motion to adjourn the meeting at 8:23 pm, seconded, and approved.
Attest: David Morin, Secretary
Steve Clifford, Commodore