GYC Board of Directors Meeting 6/12/21
On Saturday, 6/12/21 at 10:10am the GYC Board of Directors meeting was called to order to elect officers.
Those present include: Dmitry Zhivotovsky, Svend Filby (by phone), Brad Spinosa, Tim Matyuf, and David Almstrom.
The Board elected individuals for the following positions:
Commodore – Dmitry Zhivotovsky ( 5-0)
Treasurer/Secretary – Svend Filby ( 3 for, 1 opposed, 1 abstained)
Brad Spinosa said he would work one more month as manager since he was not elected treasurer but was encouraged to stay on by all Board members.
Financial information and checkbook ledger were provided to review in order to make a 2021 budget and add new expenses of surveying and a fence.
Discussed having an audit.
Svend Filby is reviewing quotes for professional companies to work on the capital improvement reserve.
Svend Filby will review insurance for coverage of the Board members for:
- Errors and omissions.
- Bond for manager.
The Board is going to review the present insurance policy for the GYC as to sufficiency once GYC receives the new coverage that was written in April. The Board did not have the new insurance binder of coverage to review.
Discussed two member slip owners who haven’t received a bill and therefore have not paid dues.
Discussed the lawyer not being present at the Annual Meeting after being contacted via e-mail by the manager.
Slips need to be inspected for repairs.
Meeting adjourned at 12:30pm.