BYC Jib Sheet August 1999 <>

August 1999

Jib Sheet

Contents of this issue

PITCH Regatta Needs your Assistance

Kris Nelson

P.I.T.C.H. Regatta planning is in full swing and sponsors are helping with many tasks.

Premiere Graphics has designed and produced this year's logo and PITCH flyer, and Computer System and Services is funding the mailings to local yacht clubs as well as mailings to over 800 sailors who are registered with PHRF in the Washington and Vancouver area.

This year's committee co-chairs are Ray Poorman and Ken Nelson. Volunteers providing assistance include Kym Smith, Kris Nelson, Michelle Johnson, Dave Lowe, Frank Repanich and Gary Baker. Information and ideas have come from Al and Karen Callery, Marlene Bolster, Scott Lindberg, Keith McLean and many others.

The committee is still looking for volunteers to assist with various tasks. Please take a moment to read the positions we need help with below. As you can see, some don't require that much time, but all effort results in a successful regatta. We encourage all members of the yacht club to participate in this fun event.

Parking Boats: Work with the charming Dave Lowe, chair of the Parking Committee. Dave needs several “Ambassadors of Good Will” to help greet the boats from out of town and navigate them to an appropriate slip (like one that's actually empty). This position involves a few hours during Friday. Choose a morning, noon or evening position. Skills involved include smiling, enthusiasm and grabbing an occasional line for a docking boat.

Race Committee: In the middle of the action. Detail-oriented volunteers will help hoist code flags and keep track of start and finish times. If you have not previously worked on race committee, this position requires several Wednesday night commitments for training. Race committee positions last a full day. Volunteer Saturday and/or Sunday. Lunch and beverages are provided.

Mark Boat Drivers: Assist the race committee in setting marks for the race course. Feel the wind in your hair, as you expertly maneuver around the course with giant, inflatable yellow triangles! BYC provides the mark boats. Drivers are needed for Saturday and/or Sunday.

T-Shirt Sales: This position requires several individuals to work shifts on Friday night, Saturday/Sunday morning (before race) and Saturday/Sunday afternoon (after race). This position is a great chance to chat with regatta guests from out of town.

Raffle Tickets: Are you involved with a particular BYC activity that would like to raise money at the P.I.T.C.H. regatta? Sell raffle tickets for donated marine goods (PFD's, line, etc). This position involves contacting marine stores for donations, and selling tickets at the T-Shirt table. Prizes are raffled off on Sunday at the awards banquet.

For more information or to offer assistance, call (360) 738-7073 or email keluther@yahoo.com.

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Editorial

Reciprocity: a Two-Way Affair!

One of the benefits to BYC members is reciprocity, the use of other club's facilities when away from home.

Judy and I have visited other clubs a few times: For instance, we enjoyed cocktails on the lovely terrace after touring the historic San Diego Yacht Club; this April when in Australia, we stopped in to inspect the Royal Prince Albert Yacht Club near Sydney to get an idea of the differences between it and our own BYC. Other BYC Members do a lot more visiting.

But for us, the big benefit of reciprocity is free moorage for our boat when we're cruising around the Northwest. We save a lot!

Our BYC has moorage reciprocity with every club around, as long as they have a dock, and with the 1997 acquisition of our reciprocal dock in front of the clubhouse, we've offered visitors from other clubs quality free moorage. Reciprocity is, indeed, a two-way affair.

In the past few months, boats at our dock have come from the Port Orchard, Des Moines, Crescent City, Burrard, Poulsbo, Orcas Island, Nanaimo, Queen City, Royal Victoria, Sidney North Saanich, Edmonds, Richmond, Tacoma, Olympia, Columbia River, and Royal Vancouver Yacht Clubs, and the Vancouver Rowing Club too. Visitors often write notes of appreciation to the BYC when they register. It's a great way to form a wider boating community full of good fellowship.

If you aren't taking advantage of the moorage you get from reciprocity, now's the time to start: It's fun, it's easy, and IT'S FREE!

If you don't know the protocols for visiting other clubs, call me at 647-0288. It's easy. - Joe Coons

Opinion from a BYC Member with something to say! Obviously, it doesn't reflect the policies or official position of the BYC. You are welcome to give your comments in this section: contact the Jib Sheet editor at 647-0288.

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Dues to Drop for 1999-2000 Club Year

The BYC Board is passing along some of the Club's recent financial success in the form of a dues cut! Although the reduction is but five percent, it nevertheless reverses a trend of increases that began in the '70's. The new schedule of charges will be in effect for the BYC fiscal year which is October 1, 1999 - September 30, 2000. Here are the new rates:

Active Members' dues drop from $364 to $348; Seniors' from $182 to $172; Intermediates' from $145 to $136; and Non-Resident Members' dues fall from $220 to $208. Junior dues stay the same at $36.

Members will get their dues billing around September 1, and all but Juniors have the option to pay quarterly. The bills will be printed showing the $4 quarterly surcharge which can then be deducted as a “discount” if the bill is paid in full, a $16 saving which the Club offers to try to simplify its billing and banking activities.

All dues rates are rounded to the nearest $4 to make quarterly amounts even. Questions? Call Assistant Treasurer Joe Coons at 647-0288 evenings.

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Remember the Lifering Program? Have You Sent In Your Gift/Pledge?

These cash contributions total over $9,200 so far, as Members of the BYC send in cash and fulfill over $20,000 in pledges to date. Each reduction in the principal lowers the interest we're paying, too, giving us more money for Club programs in the years to come. Your Lifering contributions will go directly to extra principal reduction of the debt on our building mortgage.

THANKS to each donor so far! Now it's your turn. You'll be recognized on a plaque depending on your gift of $100 or more . . . Although many members are choosing just to send in money anonymously. After your gift is received, you'll get an acknowledgement from BYC Secretary Karen Callery who chairs this fund-raising program.

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Here and There . . .

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Attention Moorage Customers . . .

If you're going to be off on your boat for more than a day, how about letting BYC Harbormaster Bob Kehoe (676-0898) know? That way, if a boater comes and needs reciprocal space for a day or two, we can make it available even if the Club dock in front of the Clubhouse is full!

Thanks for your cooperation.

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Financial Report

Jack Black, Rear Commodore & Treasurer

Once again, a profitable month: Hey, I think there's a trend here!

A key has been our moorage program, which brings revenue every month from our reciprocal dock, $7,410 so far this year from those Members using the dock while they await moorage from the Port of Bellingham.

In addition, prepayments on insurance, moorage, and other fees, as well as the buy-out of our copier lease have each saved us money, as we got prepayment discounts, reduced interest, or eliminated payments.

And finally, note the mortgage: It just keeps going down and down, especially due to the Lifering program, which has directly paid $8,750 through June, with hundreds more in the bank awaiting the next payment on the loan. Special thanks to each donor.

We're winding down our fiscal year now, so our cash will hit a low at the end of August. But we are on target for our best year in decades. Isn't that great!

Here are the Club's Condensed Balance Sheets: On 9/30/98 On 6/30/99  
Cash on hand & in banks: $ 23,866.77 $ 27,007.43  
Accounts receivable 8,117.03 7,347.10  
Other current assets 23,393.53 16,388.34  
Total current assets $ 55,377.33 $ 50,742.87  
       
Fixed assets, net of depreciation 301,533.00 298,982.96  
Total assets $356,910.33 $ 349,725.83  
       
Total Current Liabilities 29,020.40 25,965.98 *
Note Payable, Bank 213,117.27 196,045.87
Total Capital 114,772.66 127,713.98  
Total Liabilities and Capital 356,910.33 349,725.83  
* Includes $12,505.83 in unearned dues or moorage fees  
       
Here are the Income Statements: 97-98 Year 10/1/98-6/30/99  
NET INCOME ITEMS:      
Dues & Other Misc. Income $ 78,248.18 $ 53,623.24  
Net Building Income after Costs 10,668.39 11,789.31  
Total Revenues $ 88,916.57 $ 65,412.55  
NET EXPENSE ITEMS:      
Payroll & Payroll Taxes $ (19,166.10) $ (60.01)  
Programs and Activities (14,617.88) (19,432.65)  
Interest Expense & Interest Income, Net (19,014.12) (12,506.26)  
Depreciation (29,069.57) (19,206.00)  
Administration & Office (30,104.81) (6,849.86)  
Net Profit ('-' = Loss) $ (23,055.91) $ 7,357.77  
From interim Board reports. All figures unaudited and subject to adjustment. A full report will be issued the year ending September 30, 1999.

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BYC Sailing Racing Results

Point Roberts Women on the Water
Division 1 Division 2 Division 3

Summer 1

Division 1 Cruising Class Etchells Division 2 Division 3

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Still Time for Cruising!

After a successful Kids' Cruise in June, Fleet Captain Bob Knudson reports there are still cruising activities to come. The biggest will be the traditional Commodore's Picnic, set for Sunday, September 12 at Inati Bay. There will be rides for those of you who have no boats: call any officer to make arrangements for one. And for the boaters, there is the Commodore's Cup and Predicted Log Races. Call Bob at 734-7756. He needs volunteers to ferry boatless passengers and for other tasks, too!

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Ship's Store News

Our BYC Ship's Store has just received a shipment of BYC Burgees for our stock, in both the large and small sizes. If you're ready to replace your tattered flag, this is a good time. Call Joe Coons at 647-0288 or Chuck McCord at 384-0110 to make an appointment to “shop” or to have one dropped off . . .

And Joe advises that BYC caps are on order, too, and should be in by mid-August. They'll be available in a variety of colors. Call for details.

Also on hand are t-shirts, polo shirts, ties, pins, refrigerator magnets, and windsocks.

Items have the club logo, are of good quality, competively priced. “Go for it” and display your BYC colors!

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New Roster/Yearbook Plans

The BYC Board has approved new plans for the annual Roster. It's planned for publication in September, and will include a number of new features:

To accomplish this, editor Joe Coons is being assisted by Kris Nelson and Jody Erickson. You'll be getting a call from Jody as we verify our member information for the directory, and as she “begs” you for pictures. Joe will be selling ads, too. Thanks for co-operating!

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Life Ring Memorials . . .

Members recently donated to the Lifering program in memory of Past Commodore Arthur Boyd and Member Lloyd Niedhamer. Thank you for this fitting remembrance . . . we miss these fellows here at the BYC!

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Club's Business Change Underway

The change in the Club's form of organization from a “stock organization” to a “voluntary organization” is continuing. According to our attorney working on the project, we expect that in a month or two the change should be ready to be put into effect.

“It's turned out to be a simple process”, said Commodore Chuck McCord. “Attorney Hugh Lewis reports that all our records and filings since our founding have been reviewed and appear to be complete, making the change easy.”

Lewis will next give the Board instructions for the process to complete the project and prepare all the filings for state and federal authorities. The result: A better Club!


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