FROM the QUARTERDECK December 2008
December 2008• www.fbyc.net• page 1 Fishing Bay Yacht Club P. O. Box 29186 Richmond, VA 23242-0186 FROM THE QUARTERDECK December 2008 the awards perpetuate. These tra- with a cash balance almost 50 per- As we be- ditions, with prudent planning, will cent higher than budget, giving us a gin the carry us through the seas ahead. nice bulwark against the unexpected new year, This Fall, your Finance in the coming year. we have Committee completed its delibera- While capital expenses ex- assessed tions, lead byour long term Finance ceeded budget, we can all enjoy new the Club’s Chair Mason Chapman and Treas- pilings in Jackson Creek, a new laser past per- urer Chip Hall, along with the in- Rack, a new seawall and pool steps formance coming and outgoing Flag Officers on the Fishing Bay waterfront, new and future and several key Division Chairs. pool fences, the fabulous pool pavil- potential. We are pleased to report The committee reviewed the excep- ion (appropriately named “Ric’s that the condition of the FBYC ves- tional financial performance of the Place” after its principal creator), sel is sound. Although the view club in the year just ending. While two used Optis that will increase the astern is clearer than the view for- based only on projections of year earning potential for the Junior ward, we can say, without qualifica- end, the highlights of that review Program, and two new chase boats, tion, that our past leaders have appear very encouraging. the cost for one of which, the Becca steered a steady course and have Largely due to healthy Boat, was entirely offset by generous made great headway toward our ob- membership recruitment under donations.
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