FROM the QUARTERDECK December 2008
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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. jectives. We should all be grateful Membership Chair George Burke, As a continuation of the self- for Commodore Ric Bauer’s steady and full utilization of boat and other imposed discipline to de-leverage hand on the wheel in the past year. storage facilities managed by our the Club’s finances, we paid both the But, the horizon is obscured ahead. Docks Chair (and incoming Rear scheduled principal and the match- Many predictions suggest that we Commodore) David Hinckle and ing additional principal payment, batten down the hatches and secure One Design Chair (and incoming staying on course to retire the debt everything below. In the changing Docks Chair) Tom O’Connell, the on the new land by 2011. of the watch on December 1 both club dues and fees income appears Despite the robust financial your outgoing and incoming leader- likely to exceed budget by about 7 health of the Club at year end, we ship have done precisely that. percent. In a continuing trend, un- are mindful of the events roiling the Many of us enjoyed a splen- der our Division Commanders, Mike economyand our members financial did evening of cocktails and dinner Dale (offshore), Tom O’Connell lives. Rather than budget for a nor- in the Virginia Museum Marble (one-design), Ed O’Connor (cruis- mal year, in which we would con- Hall, thanks to the efforts of our So- ing) and Eric Powers (junior), pro- tinue program expansions and capi- cial Chair, Michael Calkins. In an gram expenses for club regattas and tal improvements on track with the awards ceremony planned and exe- events and the junior program look past, we have decided to curtail any cuted by our Trophy Chair, Black- like they will be about 25 percent unnecessary program expenses or well Nottingham, we honored the below budget. Club management capital investments for the coming accomplishments, and chided with expenses also came in over 10 per- year. humor the errors, of our offshore cent under budget. Only Club Fa- (contiuned on page 5) and one-design racers, cruisers and cilities exceeded budget by about 12 juniors, both at home and abroad. percent, a reflection of the increas- We can all be proud of our honored ing expense of maintaining our im- members and the strong traditions proved facilities. We end the year D ecember 2008• www.fbyc.net• page 2 D ecember 2008• www.fbyc.net• page 11 FBYC BOARD HIGHLIGHTS November 2008 FBYC Tradewinds Meeting called to or- date his web manual to status. The Mobjack fleet has not met new running rigging, stereo, new bat- Stove has new burners and new broiler der at 6:05 p.m. by show the changes that he has recently the requirements for a number of Burgees For Sale Prices include shipping & handling. tery, sail comp with remote countdown element, works great. Needs cosmetic Commodore Ric made to the web site so that Board years. Laser sailors seem to be partici- timer, new genoa, all other sail in aver- spiffing up! $500 obo. Call/email Nica Bauer. members will be able to use the site pating in “away” events but are not SIZE COST XSmall 8”x 12” $20 age condition. Asking $12,999 Contact or Jeremy Waters, 434 295-1016 or Meeting called to order more effectively. He has now posted an racing in enough club events. The rec- Jason Angus at [email protected] email [email protected] at 6:05 p.m. by Commo- updated Membership Application on ommendation that these two fleets be Small 10” x 15” $23 or 804-363-2102. For Sale: Flying Scot 2004, Ric Bauer dore Ric Bauer. the site. put on probation was accepted by the Medium 12” x 18” $26 For Sale: "Queen Mary," 36 ft. Excellent condition, Black Hull with Commodore REAR COMMODORE FINANCE – Mason Chapman pre- Board and the Fleet Captains of both Large 16” x 24” $32 Alden Trawler, traditional all wood red cove stripe and white bottom. cabin,teak decks, berths and baths fore – C. MAYO TABB, JR. sented the 2009 budget that he and his fleets will be advised. X-Large 24” x 36” $70 Fully race equipped by Harry Carpen- Mayo reported on the Finance Committee (Flag Officers, in- CRUISING DIVISION – Ed O’Con- and aft, wonderful, comfortable, hand- ter of Flying Scot, Inc. Includes 2 sets some yacht for cruising down the river recent PHRF meeting coming Rear Commodore, incoming nor reported that about 30 people at- Make checks payable to FBYC. of sails (North & Gus), hull and top P.O. Box 29186 in style. See at Urbanna Harbor, slip 34, canvas, trailer. Asking $13,995, offers that he and Mike Dale Junior Division Commander, Long tended the end-of-the-year get together Richmond, VA 23242 or call Chip and Mary Buxton @ (804) encouraged. Contact Art Radtke Range Planning Chair, Treasurer and For Rent: Chesapeake Watch attended and the few on Wilton Creek. They also held a 758-3287. (757)560-4640 or e-mail Townhouse. Two/three BR, 2 Bath, Noel Clinard changes that will go into Strother Scott) prepared. Mason ad- mini-award ceremony. For Sale: $10k worth of J24 sails [email protected]. Kitchen. Decks off Kitchen and MBR. effect next year. He will vised that the club is in good financial JUNIOR DIVISION – Eric Powers for only $5k, plus receive a free For Sale: Front Runner #123. Vice Three miles from club. $1000/WEEK, prepare an article for the condition at the present time and is thanked the Board members for their boat! Sails and boat are in great condi- Rarely used in excellent condition. No pets. Tom Ministri. Commodore Log. expected to have a cash balance going help in his three years as Junior Divi- tion. Contact Keith at 804-514-4397 or Measured minimum class weight, [email protected]. [email protected] vacuum-bag construction. $4,000. Call LOG STREAMER – into the 2009 fiscal year, which begins sion Commander. Noel Clinard re- For Sale: J24 US3208. Race For Sale: 1981 Beneteau First 33 Bob Kates at 804-776-6950 or 804- Jim Morrison advised December 1, 2008. Mason attributes ported that Becca Boat has been modi- ready. New running rigging. Two suits that he will assist 2009 this to good management of the club’s fied so that it can be put in the water by “Sur Le Vent” Racer/Cruiser. 15 HP 832-1615 cell. of sails. Includes new 2006 Triad trailer Yanmar diesel. New Navman Instru- For Sale: Log Streamer Ted Ben- resources by the Board. The club has hoist because some clubs the juniors 30' Etchells 22. A gen- with torflex suspension, free backing ments. Propane stove. New batteries nett in getting the De- been able to make the required visit do not have a ramp that can be brakes, and other premium upgrades. tleman's one design or daysailer. Blue and overhauled electrical system. New hull, in good condition. $5000 cember Log published. monthly payments on the Note as well used. $9900.00. Contact Brad Squires 757- portlights. Interior renovated over last Call Bob Kates 804-776-6950. as pay additional amounts toward the 229-6939 Mayo Tabb HOUSE – Ken Odell has OTHER BUSINESS 5 years. New prop, prop shaft, and For Sale: J24, 1979. Needs principal. The only major repair work [email protected]. Rear several projects to work Ric Bauer welcomed several members strut. New Awlgrip on hull. Set of 6 work and TLC. $1900, free slip until 6- on after the first of the planned at this time is the bulkhead of the 2009 Board who were in atten- For Sale: Honda 5 HP 4-stroke sails plus spinnaker and pole. Many Commodore 09 on Fishing Bay. Call Gene Ruark year. replacement and that project has been dance. After having Board members outboard motor. Practically brand new extras. $26,500 Call Paul 804-683- with Less than 25 running hours.