August Beacon

NCYC Regular Meeting Minutes July11, 2024 Page 6 of 8

Tom Lisowski

Transportation

Tom provided a status overview of the Fin fleet.

II. OLD BUSINESS

A. Out of State Member Cap (PC McEvoy Presentation) B. NCYC Financial Forecast Report 10 Year, VC Burkhardt C. East Harbor Lease Update

III. NEW BUSINESS

1. NCYC General Club Survey Results (J. O’Leary, B. Frederiksen)

2. Proposed By-Law Changes (Mark Javery):

Proposed By-Law Amendments for 2024

Current By-Law: ARTICLE III. MEMBERSHIP / Section 2. (H) Any membership status changes must be requested in writing prior to January 1st. Proposed By-Law: ARTICLE III. MEMBERSHIP / Section 2. (H) Any membership status changes must be requested in writing to the Membership Director prior to January 31st. Current By-Law: ARTICLE V. FEES, DUES, AND PENALTIES / Section 2. (Paragraph #1) Any member in arrears for dues or any indebtedness for 30 days after they become payable shall be so notified by the appropriate Chairman at their last given address, and all membership privileges posted in the official publication of the Club and/or in a conspicuous place in the clubhouse. If such dues or indebtedness due the Club shall not be paid within 60 days, it shall be the duty of the Board of Directors to expel such member. If any member shall resign or be expelled from the Club for any reason whatsoever, all of his right, title and interest in or to the assets or property of the Club shall revert and be forfeited to the Club without further action. Proposed By-Law: ARTICLE V. FEES, DUES, AND PENALTIES / Section 2. (Paragraph #1) If a member’s annual dues or any indebtedness is not paid by March 1st(30 days) membership privileges are suspended. The member shall be notified of this suspension at their last given address by the Membership Director. Further, if full amount owed (including late charge) is not paid by April 1st(60 days), it is the duty of the Board of Directors to expel such member. Expelled memberships will be posted in a conspicuous place in the clubhouse. If any member shall resign or be expelled from the Club for any reason whatsoever, all of his right, title and interest in or to the assets or property of the Club shall revert and be forfeited to the Club without further action.