September 8th 2012
MONTHLY MEETING MINUTES
Present at meeting: Rick Walker, Dicksie Walker, John Owens, Jim Stevenson, Steve Lowe, John Springer, Bob Pryor and Lynn Easley
Call to Order by Rick Walker.
Present Minutes from last meeting
The minutes were presented and approved. Motion to accept by Jim Stevenson, seconded by John Springer.
Financial Report:
Receipts for the year are $3150.00.
Disbursements for the year are $883.19.
Currently have a cash balance $18619.96 of which $13,862.50 is in a capital reserve.
Twelve members who have paid dues in 2012.
Motion to accept the financial report by Rick Walker, seconded by Steve Lowe.
Old Business
Marina Updates:
No new news on the marina grounds. The current owner still want to sell the marina, lots and land behind the marina as one unit, and still wants for any prospective buyer to pay for the appraisal. Steve Lowe brought up the question on the long term focus of the club. Rick Walker stated his opinion that the club should focus on the club enjoying the use of the boats and events since there appears to be no improvement in the marina situation either at Emerald Bay or any other suitable location. Steve Lowe and Rick Walker will follow up one last time with the lake authority on any other possibilities.
Coyote Sam's:
The club plans to restart the informal get together at Coyote Sam's on every third Friday of the month. A head count needs to be delivered to Coyote Sam's no later than that Friday by noon.
Upcoming Social Events:
The fall event list was finalized, and the following events were approved.
09/15/12 Sailboat race
09/21/12 Coyote Sam's
09/29/12 One way race to Chimney Cove and overnight raftup
10/13/12 Sailboat race
10/19/12 Coyote Sam's
10/27/12 Sailboat race and raftup in Ledbetter Bay, with meal at Lake Palestine Resort
11/10/12 Steve Herber Turkey Race and Social at Marina
11/16/12 Coyote Sam's
12/08/12 Christmas party, location to be determined
01/19/13 Annual Membership Meeting
New Business:
Lake Palestine Publication:
Leslie Truluck of Lake Palestine Magazine inquired via the website about our club. They publish a free magazine that is placed at various establishments. There is no financial cost to be included, but they request a monthly article if we are interested.
Adjournment:
Motion by Jim Stevenson. Seconded by Steve Lowe to adjourn. Approved.