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This year we had the perfect storm of expenses and lost revenue. Fortunately, our Treasurer Andy McWethy insisted we save for a rainy day. We saved for years and our rainy day came with hurricane Irene.
When hurricane Irene visited us last August she left her mark on our dock. A sailboat ended up on the dock. It did not do any serious damage, but the wind and waves from the west beat the heck out of our dock causing great damage. Our insurance provider covered 196,434 dollars to replace the decking and Joist. We had to add a required light at the end of the dock, water line and fill. When the deck was removed, we found the bulkhead dead men needed to be replaced. This was not storm related. The Southampton Town Code now requires a 10ft buffer from the bulkhead. Our existing buffer was only 5ft wide. The final cost was 300,100 dollars.
All things get old and fail and this year our pool filtration system decided to fail. It needed to be replaced this past winter. We are still concerned about a possible leak under the concrete pool deck that will require further testing after it's opened. Between testing the system, hiring an engineer to draw up the plans and getting them approved, the new filtration system cost 35,000 dollars so far.
This year we chose to change the membership year from May 1st to January 1st. This was a good change, so that the budget year and dues year are the same. Families can sign up for lessons sooner and we can project staffing needs sooner. But in 2012, actual dues collected will be about 80,000 less than last year or next year. This would not have been an issue if it wasn't for the two above unexpected expenses.
You can help us this year by supporting our annual fundraiser. You may have a special talent or skill to donate that someone may like to bid on. How about a dinner or brunch at your home? Are you using your ski house or vacation home every weekend? Tickets to a show or sporting event are always good. We can combine tickets, limo and a place in NYC for a great weekend getaway. We raised over 50,000 dollars last year and could use a little more this year to offset the shortfall. Thanks to successful fundraisers in the past we have never had to assess our members. So support our club by attending and donating to our fundraiser on Saturday, June 9th this year.
See you at the fundraiser,
Bill
PS; I would like to thank all the members who worked at our annual cleanup on April 28. Great job! We weeded around the clubhouse, replaced a fence by the junior clubhouse, cleaned windows and screens, polished the trophies, cleaned and power washed the dock, removed dead shrubs, raked, weed wacked, swept, removed winter storm door, moved firewood, rewired and repaired boat trailers and placed 20 yards of mulch on the beds. Then we enjoyed a great lunch. It was a good day.
William Dalton
Commodore
wfdalton@optonline.net
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\"Coming Events\"
May 27 - Flag Raising
June 09 - WYS Annual Fundraiser
\"Items of Interest\"
New Website Design Coming Soon!
Target Date: May 25, 2012
Friday Night Casual
Dinners
Picture of the Week
\"A beautiful morning on the bay\"
WYS Merchandise Purchase from our On-Line Store
WYS featured in LI Sail Online Magazine - WYS is featured in the August September and November 2009 issues. View this great new magazine at www.lisail.com
www.kodakgallery.com
Sign in account: photos@yachtsquadron.com
password: wys2006.
Special thanks to Robert Verdi for donating his 17.5 ft. Aquasport center console to the club. The boat is in absoutely bristol condition. Thanks again Robert.
The club is available for social or corporate events. Please call 325-8321 for catering and rental information
If you would like your e-mail address posted in the membership listing on our web site please contact us.
Well, what do you think? Please E-mail us your recommendations on how to improve our site.
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