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