January 10, 2019 — Board Minutes

The Ipswich Outboard Club Board of Directors held a regular meeting at The St. Lawrence Literary Society, Ipswich, Ma. Commodore Wright called the meeting to order at 7:21 pm. All IOC officers and directors were present.

 The minutes from the previous meeting on December 4, 2018 were approved as submitted.

 Secretary’s Report:

  • Email and PO box are clean.
  • Annual meeting notice was mailed out with 2019 renewal.
  • IOC BOD’s renewals distributed.
  • The Ipswich WAC meeting update was given.
  • Kagan/Kroesser invoice mailed.

The secretary’s report was approved as submitted.

 Treasurer’s Report:

  • Checking                           $15,411.35
  • MMCH                               29,886.77
  • Total                                  $45,298.12
  • The budget was reviewed. The club was under budget for 2018.
  • 2018 financial report was presented. This will be audited before annual meeting.
  • We may look into investing into CD’s with some capital funds.

The treasurer’s report was accepted as submitted.

Vice Commodore’s Report :

  • The cable will be put up.
  • Final clean out of the shed will happen.

The vice commodore’s report was accepted as read.

Old Business:

  • Dave Morin went over annual meeting responsibilities.
  • A long discussion was held on the nominating committee, board members with terms expiring, and officers. Perry Paone to coordinate the nominating committee.

New Business:

  • February 2019 meeting to be determined.
  • Motion to adjourn the meeting at 8:05 pm, seconded, and approved.

Attest: David Morin, Secretary
Joseph Wright, Commodore