December 6, 2022 — Board Minutes

The Ipswich Outboard Club Board of Directors held a regular board meeting at St. Lawrence Literary Society, Ipswich, Ma. Commodore Clifford called the meeting to order at 7:06 p.m. All IOC Board members were present except for Joe Wright.

The minutes from the previous meeting on October 4, 2022 were approved as submitted.

Secretary’s Report:

  • Email and PO Box to be checked. The PO Box had issues with processing our payment.
  • Pump was winterized.
  • Cookout cost was $2355.42
  • Getting ready for a busy renewal season, annual mailing, and annual meeting.

The secretary’s report was accepted as read.

Treasurer’s Report:

  • A large discussion was held on past three months of expenses and bank reconciliation.
  • Balances as of today:

Checking         $16,305.15
MMCH               4,937.60
CD                     26,170.05
Total               $47,412.79

  • All accounts have been reconciled.
  • A 2023 budget including the 2023 dues was presented and accepted.
  • CD rates have increased so the CD will be renewed at a higher rate.

The treasurer’s report was accepted as read.

Vice Commodore’s Report:

  • Cable is up.
  • Float haul went well.
  • Dinghy needs to be steam cleaned.
  • Old dinghy will be fixed and used as a back up.

The vice commodore’s report was accepted as read.

Old Business:

  • None

New Business:

  • Scheduled annual mailing scheduled for 12/27/22.
  • Annual meeting scheduled for 1/31/23.
  • The nominating committee was assigned. Officers and directors terms were discussed.
  • Installing water service was discussed. Donald Clapp to begin the process.
  • The swales will be serviced/cleaned by the town.
  • A large discussion was held on possible shed rebuilding.
  • Next IOC Board meeting on 1/17/23 at the St. Lawrence Club at 7 p.m. Final annual meeting plans and the annual audit will be completed at this meeting.
  • Motion to adjourn the meeting at 8:56 p.m., seconded, and approved.

Attest: David Morin, Secretary
Steve Clifford, Commodore