January 12, 2021 — Board Minutes

The Ipswich Outboard Club Board of Directors held a regular board meeting at The St. Lawrence Literary Society, Ipswich, Ma. Commodore Clifford called the meeting to order at 7:13 pm. All IOC officers and directors were present except for Joe Wright.

The minutes from the previous meeting on December 8, 2020 were approved as submitted (combined with these minutes).

Secretary’s Report:

  • The email and PO box are clean.
  • Directors’ and officers’ 2021 hangtags were distributed.
  • Annual mailing completed.
  • Renewals are being processed as they come in.
  • The commercial line of credit being worked on.
  • One long-term member will not renew due to retiring in Florida. He thanked the board and club for many years of service and fond memories.

The secretary’s report was accepted as read.

Treasurer’s Report:

November 2020:

  • Checking         $22,400.00
  • MMCH                 4,900.00
  • CD                       25,850.00
  •                              $53,150.00

December 2020:

  • Checking                    $21,354.90
  • MMCH                           4,928.16
  • CD                                25,866.38
  •                                      52,149.44
  • Loan has been paid off.
  • Year-end financial audit has been completed.
  • Year-end closed with finances.
  • An extensive discussion was held on the 2021 budget. After minor modifications, the budget was approved and will be sent out to members with the annual report.
  • An ovation was given to the treasurer.

The treasurer’s report was accepted as read.

Vice Commodore’s Report:

  • The cable will be installed.
  • The brush in front of the shed was cut and removed.
  • The dinghy was power washed.

The vice commodore’s report was accepted as read.

Old Business:

  • A large discussion was held on the new catwalks. J&L did a great job on installation and the crane service was $1200. The entire project cost was under the $25K budget. North Shore Marine will be contacted to inspect and fix the pilings and ramp if needed.
  • A discussion was held on the dues.
  • A mailing will go out with annual report in lieu of an in-person meeting along with the 2021 budget and financial audit.

New Business:

  • No comments have been received by members on the annual meeting notice.
  • A coat of hot top is being looked at for the top of the ramp and where the new catwalks exit/enter.
  • Next board meeting will be held at the float haul on February 9, 2021.
  • Motion to adjourn the meeting at 8:19 pm, seconded, and approved.

Attest: David Morin, Secretary
Steve Clifford, Commodore