November Birthday s 4th Tony Molden Jim Penza

Transcription

1 NOTICE TO MARINERS The Official Publication of Lakeside Yacht Club 4851 North Marginal Road Cleveland, Ohio Volume 85, Issue 11 November 1, 2015 My fellow Yachtsmen and Yachtswomen: INSIDE THIS ISSUE: I am calling a special meeting of the Voting Members of Lakeside Yacht Club at 7:00 p.m. Monday, November 16, 2015 in the LYC dining room. The purpose of the special meeting is to (a) determine the final scope of the renovations to the club, and (b) if necessary based on the scope of the renovations, approve a Supplemental Budget including a dues increase of not more than $20 per month across all categories of membership beginning May 1, I am very excited to announce that we have received multiple bids for our pool and clubhouse project. Members of the construction committee are continuing to work with the bidders to refine the bids, but it appears clear that two options exist, one within our existing budget but excluding certain improvements outside the scope of the renovation project proposed by the planning committee that would sever to greatly enhance the appearance and useful area of the clubhouse and deck, and another option which includes the full scope of improvements depicted on the renderings displayed at our annual meeting last month and the replacement of the current patchwork roof with a new, warrantied membrane. Our Treasurer has been in constant contact with our bank and has received assurances that the bank will work with us based on the decision of our members. Please plan to attend as we come together to chart our course into the future! (Please note that the kitchen and bar will be closed but light refreshments will be provided). Please join me in welcoming your Bridge and Board for 2016 on Saturday, November 14 for our annual Change of Watch dinner. This year finds our saying farewell to our beloved Secretary and Membership Committee chair, Shane Bonomini, and hailing the arrival of our new Secretary, Garry Marquiss. Jim Kubik s move to Fleet Surgeon in the middle of his term as Trustee created an opening among our Trustees so I nominated and your Trustees unanimously approved Nancy Keene as your newest Trustee. Nancy is a sailor docking on North Dock and brings a fresh perspective and a wealth of professional experience to your Board. Please join me in welcoming Jim and Nancy to our Bridge and Board! I hope you are enjoying the new menu as much as I am (my suits tell me I m enjoying it a bit too much) and Jacqueline and I look forward to seeing you on December 9 th for the Member Appreciation Party, if not before. As in years past, the Marines will be on hand to support Toys for Tots and I hope you might find a moment to pick up a new, unwrapped toy to donate. Finally, as your Commodore and fellow member, I ask that you consider an extra measure of generosity as you contemplate a donation to the employee appreciation fund. Our employees really appreciate this annual gift, and the renovation of the clubhouse means that the funds they receive will be that much more important to them this year. Thank you. As always, fair winds and following seas to you and yours, Commodore s Letter 1 Monthly Events 2 Weekend Specials 3 Book Club 4 Change of Watch 6 OSU Game 7 Kid s Holiday Party Member Appreciation November Birthday s 4th Tony Molden Jim Penza 5th James Sancin Cindy Ginsburg Marguerite Walczak 8th Creighton Heyl Stan Roediger Jr. 9th Darlene Meges th Anthony Zarlinga 11th Howard Kaufman Tom Ruff David D. Black Commodore Continued on pg.4

2 The Official Publication of Lakeside Yacht Club 4851 North Marginal Road Cleveland, Ohio Page 2 Special Events in November 3rd Board Meeting 6pm 14th Change of Watch 16th Special General Membership Meeting 7pm 18th CYRA Dinner 6pm 26th Closed for Thanksgiving 27th Pasta Bar 6-9pm 28th OSU vs. Michigan Game & Tree Lighting Ceremony downtown Upcoming Events in December 6th Children s Holiday Party 12-3pm 9th Member Appreciation Party 10th Club closed for winter shut-down November Hours Of Operation Day Office Dining Room Lunch Dining Room Dinner Bar Drinks/ Bar Food Service Monday 10am-5pm Closed Closed Closed Tuesday 9am-5pm 11am-2pm 5pm-9pm 11am-10pm/ 11am-9pm Wednesday 9am-5pm 11am-2pm 5pm-9pm 11am-10pm/ 11am-9pm Thursday 9am-5pm 11am-2pm 5pm-9pm 11am-10pm/ 11am-9pm Friday 9am-5pm 11am-2pm 5pm-10pm 11am-11pm/ 11am-9:30pm Saturday 9am-5pm 11am-5pm 5pm-9:30pm 11am-11pm/ 11am-9:30pm Sunday Closed Closed Closed Closed

3 The Official Publication of Lakeside Yacht Club Page 3 November Specials February Weekend Specials February Weekend Specials 6 th & 7 th 1st & 2nd 1st & 2nd Veggie App - Roasted Mushroom Soup - Smoking Cauliflower Jam, Sorrel, Black Truffle Bucatini and Meatballs $15.95 Bucatini and Meatballs $15.95 Slow cooked seasoned jumbo veal meatballs atop bucatini pasta tossed in sweet potato Romano cream sauce with fresh basil Slow cooked seasoned jumbo veal meatballs atop bucatini & Celery pasta tossed -$9 in sweet potato Romano cream sauce with fresh basil Crab and Shrimp Ravioli $18.95 Crab and Shrimp Ravioli $18.95 Lump crab and shrimp mixed with ricotta, stuffed in roasted pepper pasta and topped with Champagne butter sauce Lump crab and shrimp mixed with ricotta, stuffed in roasted pepper pasta and topped with Champagne butter sauce Entree - Braised Pork- Rye Spaetzle, Slow Cooked Greens, Watercress, & Ham Hock Jus - $19 8th & 9th 8th & 9th Prime Rib 16oz. Commodore 13 th $19.95 & 14 or 12oz. th Queen $16.95 Succulent Prime Rib slow roasted and Prime grilled Rib to 16oz. your Commodore liking. Served $19.95 with or seasonal 12oz. Queen vegetable, $16.95 oven roasted potatoes and Au Jus. App Succulent - Kobe Prime Beef Rib slow Carpaccio roasted and grilled - Roasted to your liking. Mushrooms, Served with seasonal Balsamic vegetable, oven Reduction, roasted potatoes and Parmesan, Au Jus. Shaved Bone Marrow, Crispy Bread, Olive Oil, & Micro Herbs Asian Seafood Hot Pot $18.95 Asian Seafood $11 Hot Pot $18.95 Medley of seafood: Bay Scallops, shrimp, mussels, clams, tilapia and baby bok choy stewed in a coconut miso broth with side of Medley of seafood: Bay Scallops, shrimp, mussels, steamed clams, tilapia Jasmine and rice baby bok choy stewed in a coconut miso broth with side of steamed Jasmine rice Veggie App - Fried Ohio Mushrooms - A Duo of Dipping Sauces -$7 15th & 16th 15th & 16th Entree - Roasted Black Cod - Crispy Pork Scrapple, Chestnuts, Celery, Apple, & Truffle - Greek Moussaka $16.95 Greek Moussaka $16.95 Traditional Greek casserole of eggplant layered with slow roasted lamb, vegetables and topped with béchamel sauce and served with Traditional Greek casserole of eggplant layered with grilled slow herbed roasted focaccia $18 lamb, vegetables bread and topped with béchamel sauce and served with grilled herbed focaccia bread Lobster Mac n Cheese Lobster Generous portion of lobster knuckle and claw meat, rendered 20 Mac th n bacon, & Cheese caramelized 21$18.95 st shallots, three cheese tortellini and goat cheese Generous portion of lobster knuckle and claw cream meat, baked rendered with bacon, parmesan caramelized gratin shallots, three cheese tortellini and goat cheese App - Roasted Shrimp & Grits cream - baked Ohio with Cheddar parmesan gratin Grits & Ohio Garnishes - $11 Entree - Prime Rib - Mustard Crusted February Prime 22nd & Rib 23rd - Sweet Potato Hash, Roasted Carrots February 22nd & 23rd & "Horseradish Cream Powder" $21 Commodore cut $17 Queen cut Braised Lamb Shank $21.95 Braised Lamb Shank $21.95 Slow braised 1 pound bone-in lamb shank pooled in classic Romesco sauce over herbed polenta with goat cheese Slow braised 1 pound bone-in lamb shank pooled in classic Romesco sauce over herbed polenta with goat cheese 27 th Black Bass $22.95 Pasta Black Bass Bar $22.95 $17 Black bass wrapped in grape leaves and poached with lemon feta butter over toasted couscous with sautéed green beans with almonds feta butter over toasted couscous with sautéed green beans with al- Black bass wrapped in grape leaves and poached with lemon monds 27 th & 28 th App - House Cured Meats & Local Cheese Board - Dips, Toast, Marinated Olives, & Seasonal Garnishes - $16 Entree - Duck 2 Ways - Crispy Duck Leg & Roasted Duck Breast - Braised Greens, Pumpkin Puree, Country Fried Apple Spoonbread, & Fig Jus -$20

4 The Official Publication of Lakeside Yacht Club Page 4 November Birthday s Continued LYC Readers February Weekend Specials February Weekend Specials 12th Chris Myeroff 1st & 2nd 1st & 2nd Bucatini and Meatballs $15.95 Bucatini and Meatballs $15.95 Slow cooked seasoned jumbo veal meatballs atop bucatini pasta tossed in sweet potato Romano cream sauce with fresh basil Slow cooked seasoned jumbo veal meatballs atop bucatini pasta tossed in sweet potato Romano cream sauce with fresh basil 13th Mark Hanna Crab and Shrimp Ravioli $18.95 Crab and Shrimp Ravioli $18.95 Lump crab and shrimp mixed with ricotta, stuffed in roasted pepper pasta and topped with Champagne butter sauce Lump crab and shrimp mixed with ricotta, stuffed in roasted pepper pasta and topped with Champagne butter sauce 16th Sandra Crist 19th 8th & 9th 8th & 9th Prime Rib 16oz. Commodore $19.95 or 12oz. Queen $16.95 Succulent Prime Rib slow roasted and Prime grilled Rib to 16oz. your Commodore liking. Served $19.95 with or seasonal 12oz. Queen vegetable, $16.95 oven roasted potatoes and Au Jus. Succulent Jim Prime Amos Rib slow roasted and grilled to your liking. Served with seasonal vegetable, oven roasted potatoes and Au Jus. 21st Asian Seafood Hot Pot $18.95 Medley of Kelli seafood: Ruff Asian Seafood Hot Pot $18.95 Bay Scallops, shrimp, mussels, clams, tilapia and baby bok choy stewed in a coconut miso broth with side of Medley of seafood: Bay Scallops, shrimp, mussels, steamed clams, tilapia Jasmine and rice baby bok choy stewed in a coconut miso broth with side of steamed Jasmine rice 24th Al Russell John Szabo 15th & 16th 15th & 16th Greek Moussaka $16.95 Alfred Buescher Traditional Greek casserole of eggplant layered Fry" Greek Moussaka $16.95 with slow roasted lamb, vegetables and topped with béchamel sauce and served with Traditional Anthony Greek Cavallaro casserole of eggplant layered by Rachel with grilled slow Joyce herbed roasted focaccia lamb, vegetables bread and topped with béchamel sauce and served with grilled herbed focaccia bread 25th Please join us for some socialization, book discussions and lots of fun! LYC Book Club meets the first Wednesday of each month at 6:00 p.m. except for the month of September ALL ARE WELCOME! You are encouraged to read the book selection for the month but you can always join us and listen to what others have to say. It may perk your interest and you'll read the book. Book Club Meeting November 4th at 6pm "The Unlikely Pilgrimage of Harold Meet Lobster Harold Mac Fry, n recently Cheese $18.95 retired. He Lobster Mac n Cheese $18.95 Generous Robert portion Gildone of lobster knuckle and claw lives meat, in a rendered small English bacon, village caramelized with shallots, his three cheese tortellini and goat cheese Generous portion of lobster knuckle and claw wife, cream meat, Maureen, baked rendered with who bacon, parmesan seems caramelized irritated gratin shallots, by three cheese tortellini and goat cheese almost cream everything baked with he does, parmesan even gratin down 26th to how he butters his toast. Little six hundred miles from Kingsbridge to the Christine Sparano differentiates February one 22nd day & from 23rd the next. hospice in Berwick-upon-Tweed because, February 22nd & 23rd he believes, so long as he walks, Qweenie 28th Then one morning the mail arrives, and Braised Lamb Shank $21.95 Hennessy will live. within the Braised stack Lamb of quotidian Shank $21.95 minutiae is Cindy Slow braised Lovinger 1 pound bone-in lamb a shank letter pooled addressed in classic to Harold Romesco in sauce a shaky over herbed polenta with goat cheese Slow braised 1 pound bone-in lamb shank pooled in classic Romesco sauce over herbed Still in polenta his yachting with goat shoes cheese and light coat, scrawl from a woman he hasn't seen or Harold embarks on his urgent quest across 30th heard from Black in twenty Bass $22.95 years. Queenie Black Bass $22.95 the countryside. Along the way he meets Black Andrew bass wrapped Binder grape leaves and poached Hennessy with lemon is in hospice feta butter and over is writing toasted to couscous one with fascinating sautéed green character beans with after almonds feta butter over toasted couscous with sautéed green beans with al- another, Black bass wrapped in grape leaves and poached say goodbye. with lemon monds Harold pens a quick reply and, leaving Maureen to her chores, heads to the corner mailbox. But then, as happens in the very best works of fiction, Harold has a chance encounter, one that convinces him that he absolutely must deliver the message to Queenie in person. And thus begins the unlikely pilgrimage at the heart of Rachel Joyce's remarkable debut. Harold Fry is determined to walk each of whom unlocks his long-dormant spirit and sense of promise. Memories of his first dance with Maureen, his wedding day, his joy in fatherhood, come running back to him-allowing him to also reconcile the losses and the regrets. As for Maureen, she finds herself missing Harold for the first time in years. And therein is the unfinished business with Queenie Hennessy.

5 The Official Publication of Lakeside Yacht Club Page 5 Every Tuesday in November 5-9pm $1 Beef tacos hard or soft shelled and $1.50 chicken tacos hard or soft shelled Every Thursday in November 1/2 off Irish Coffee 11am-10pm

6 The Official Publication of Lakeside Yacht Club Page 6 Lakeside Yacht Club Cordially invites you and your guest to the Change of Watch on Saturday, November 14, 2015 Open Bar and Hors D oeuvres - 6:15pm Ceremonies 7:00pm Dinner Served 7:30pm Live Entertainment 8pm $49.00 per person + 18% gratuity and 8% sales tax R.S.V.P. By November 12, 2015 (216) Casually Formal Soup Roasted Mushroom Soup Black Truffle Bavarian, Parmesan & Celery Salad Charred Pear Salad Local Lettuces, Smoked Bleu Cheese & Hazelnut Butter Intermezzo Canolope Sorbet with Black berry granita Entrées Choice of One: Seared Scallops - Seared Fresh Scallops, Pesto Risotto, "Blt Relish" Charred Lemon Beurre Blanc Or Organic Chicken "Short Rib" - Sweet Potato & Butternut Squash Rosti, Balsamic Grilled Asparagus & Vanilla Bean Hollandaise Or Pimento Cheese Crusted Filet - Confit Potato's, Roasted Carrots, Baby Onions, Crispy Bacon & Truffle Demi Glaze - Also Available Plain Dessert Apple Tart - Crispy Apple Chip & Oat Ice Cream

7 The Official Publication of Lakeside Yacht Club Page 7 Saturday November 28,2015 OSU Game Come down to LYC and Join all of your friends for the 112th meeting between the two rivals. Doors will open at 11am and the Game will begin at Noon, come early seating is limited! $2 Bud Light 12oz Draught beer OSU Shots $3 Woody Hayes Chicken sandwich $9 Grilled chicken breast topped with cheddar cheese, BBQ sauce and Jalapeños served on toasted Kaiser Bun with your choice of side. Jim Tressel Chili Dog $7 ¼ pound hot dog wrapped with bacon and smothered with cheddar cheese, onions and chili served with your choice of side.

8 The Official Publication of Lakeside Yacht Club Page 8 On Saturday November 28, 2015 is the Tree lighting ceremony at Playhouse Square. The ceremony is from 5:00pm-8:00pm there will be music, fireworks and of course the Lighting of the tree. The bus will leave LYC at roughly 4:50pm and pick people up downtown at 8:00pm. The cost to ride the bus to and from downtown is $15 a person. The bus holds 30 people; anyone interested please contact the LYC office to make reservations. We do need at least 24 people to make this event happen!

9 The Official Publication of Lakeside Yacht Club Page 9 Don t want to spend all day in the kitchen this Thanksgiving? Think about ordering LYC s Turkey dinners to go! Pick up is on the 25th. All sides and pies will be offered a la carte as well!

10 The Official Publication of Lakeside Yacht Club Page 10 As another year of boating is coming to a close LYC remains a vibrant bastion of great food, great friends and a family of members and staff. We strive to be a lighthouse of good cheer in both good and bad times! I believe that this year has had it s ups and downs but once again our staff has done an incredible job of taking extraordinary care of all of us. It is also a time for us to join together and show them our gratitude. Also, as Maya Angelou once said I ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel. You can call, or mail in your donation. It is a thoughtful and private way to give them the thanks they deserve. We would like to distribute these funds during the week of shut-down, therefore please return them by December 8th, On Behalf of the entire staff of Lakeside and the Board of Directors, we would like to thank you in advance for your generosity. We wish all of you and your families a safe, healthy and joy-us Holiday Season. Sincerely, Larry Orlowski

11 The Official Publication of Lakeside Yacht Club Page 11 Children s Holiday Party December 6, pm 12:00-2:00pm Lunch 12:00-2:00pm Two Face Painters, Crafts & Balloon Creations 12:45-1:15pm Juggler Show 2pm Santa Arrives Buffet Menu Only: $10 for adults, children eat free! Rigatoni and Meatballs, Chicken Fingers, Hot Dogs, Pizza, Sloppy Joes, Tater tots, and Cold cut tray. All LYC children and Grandchildren 12 and under are welcome! Please RSVP by no later than December 3 rd *Cookies to share are welcome* *A donation of $10.00 per child to help fund the children s Holiday party is appreciated. Donations can be given to the LYC Office.*

12 The Official Publication of Lakeside Yacht Club Page 12 Members Appreciation Party Wednesday December 9 th Free Appetizers 6-9pm The Marines will be here from 6-9pm Collecting Toys for Tots Please bring new unwrapped toys to the party! (Or drop them off at the club before the 12 th ) Donations of checks payable to TOYS FOR TOTS Live music 8pm-11pm With Even Keel

13 The Official Publication of Lakeside Yacht Club Page Election Results Commodore- David Black Vice Commodore- Mark Carrabine Rear Commodore- Rob Ruhlman Fleet Captain- Greg Vittardi Treasurer- David Hunt Secretary- Garry Marquiss Fleet Surgeon- Jim Kubik Trustees Position- 2 year term John Sparano John Szabo Dan Lovinger Scott Ginsburg

14 The Official Publication of Lakeside Yacht Club Page 14 Lakeside Yacht Club Board Meeting October 6, 2015 The following board members were present: Commodore David Black yes Vice Commodore Mark Carrabine yes Rear Commodore Rob Ruhlman yes Treasurer David Hunt yes Secretary Shane Bonomini yes Fleet Surgeon Garry Marquiss yes Fleet Captain Greg Vittardi yes Trustees Mike Cunningham yes John Szabo yes Jim Kubik yes John Sparano yes Jim Penza yes Dan Lovinger yes Emory Wolf yes Scott Ginsburg yes The October 6, 2015 Board of Trustee s Meeting was called to order by Commodore Black at Prior Minutes Reading of September 1, 2015 minutes. Motion by Rear Commodore Ruhlman to waive reading of the minutes and approve as written. Second by Trustee Szabo - APPROVED Correspondence - No correspondence per Secretary Bonomini Commodore Black thanked Secretary Bonomini for his service as Secretary and Membership Chairperson. Treasurer s Report - David Hunt Report Attached. Motion by Fleet Surgeon Marquiss to approve, second by Trustee Szabo - APPROVED. Manager s Report - Larry Orlowski - Report Attached. Motion by Trustee Szabo to implement last years Winter Initiation Special again this year ($2000 Initiation till end of Oct, $2100 till end of Nov, etc till $2500 end of Mar), second by Trustee Lovinger - APPROVED Commodore Black asked about the new POS system timeline - Per General Manager Orlowski - end of October beginning of November. Harbor Master Report - Bill Roupe Report Attached. Commodore Black asked to make sure staff is available for posted hours. Fleet Captain - Greg Vittardi - No Report. Bird situation resolved at end of North Dock. Commodore Black asked if any Member has submitted written approval for lift out after Nov 1 - No per Fleet Captain Vittardi.

15 The Official Publication of Lakeside Yacht Club Page 15 COMMITTEE REPORTS Membership - Shane Bonomini - Report Attached. Finance - David Hunt - Report Attached. Discussion about Jet Ski dock pricing and lift out fees. Motion by Trustee Cunningham to charge $500 for jet ski dockage if it is your only watercraft, $250 if it is your second watercraft, second by Fleet Captain Vittardi - Discussion. APPROVED, one Opposed. Discussion about lift out fees. Motion by Secretary Bonomini to charge $4 per foot to lift in and out (Boat staying in slings) and charge $4 per foot to lift in OR out (Boat on stands)., second by Trustee Kubik - APPROVED Discussion about budget. A 3month construction shutdown and a 5 month construction shutdown budget were presented. Discussion about construction timeline. Motion by Treasurer Hunt to accept a revised four and half month construction shutdown budget, second by Secretary Bonomini - APPROVED House and Grounds - Mike Cunningham - No Report. Fence contractor to start in the next couple of weeks on South Wall. Docks - Greg Vittardi - No Report. Planning - Scott Ginsburg - No Report. Regatta and Sail Fleet - Rob Ruhlman - No Report Rules - John Szabo - No Report - Sub Committee working on finalizing Employee handbook. Grievance - John Szabo - No Report Construction - Mark Carrabine - Report Attached. Office personnel will be working out of the gas house during construction. Restaurant and Bar - Dan Lovinger - New menu should be out mid October. Entertainment - Garry Marquiss - Report Attached. Community Outreach Committee - John Sparano - No Report Officers - None Unfinished Business - Trustee Sparano discussed the landscape budget and having a dedicated company taking care of landscaping. New Business - None Adjournment - Motion by Secretary Bonomini, Second by Trustee Szabo. Approved at Submitted by Secretary Bonomini

16 The Official Publication of Lakeside Yacht Club Page 16 LYC TREASURER S REPORT September 30, 2015 The current Fiscal Year is better than budget and better than last year. Net Income through September is $53,000 ahead of last year at this time. The biggest positive variance is the settlement of our Real Estate Tax appeal for a non-recurring $48,000 savings this year. Higher initiation fees, higher dockage revenue, and higher boat storage fees offset overruns in wages and the shortfall on food sales earlier in the year. The first $5,000 contribution to the Youth Sailing Club/Center under our new lease with Metro Parks is this year. Cash and savings were $505,115 as of October 1, CORRECTED 10/6/2015 LYC Building Committee Report 10/6/15 The drawing and engineering are complete, the committee members are reviewing the drawings for omissions and errors to be called out to the architect for correction prior to letting the drawings out for bid. The first corrections have been sent to the architect. Five (5) general Contractors have been contacted and expressed an interest in bidding the LYC renovation project. The swimming pool and clubhouse will be combined to be under the direct control of the General Contractor that is selected for the project. We are working on a schedule that includes the start and completion date for the project. A scope of work document is being developed for the bidding and we hope to have the corrections and scope document done and the project sent to bid Thursday. The committee is working on a 3 D rendering for the club and for the Cleveland Boat Show.

17 The Official Publication of Lakeside Yacht Club Page 17 LYC FINANCE COMMITTEE REPORT AUGUST 20, 2015 The LYC Finance Committee met August 20, 2015; present were Commodore Black, Vice Commodore Carrabine, Treasurer Hunt, General Manager Orlowski, and Accountant Morris. The current fiscal year is better than budget and better than last year. Larger membership is helping. Food Sales are recovering after a rocky start this year. The settlement of our real estate tax appeal will provide a non-recurring $48,213 favorable variance this year. Cash and savings were $545,581 as of July 31. An increase in the Social Member Initiation Fee for FY 2016 was discussed. A comparison with EWYC fee structure indicated that our social initiation fee was already in proper relation with Edgewater s, but that our monthly social dues are about 25% below Edgewater s. The proposal was subsequently withdrawn. No change in the Fee Schedule will be proposed in the 2016 budget. Budget Assumptions for the 2016 budget were discussed. While there is still a slight chance that we can meet the previous deadlines, the budget will be based on a more realistic assumption of commencing the exterior additions to the front and back of the Clubhouse and the sewage pump station replacement this Fall, the interior renovations beginning in January, and the pool in the Spring of This will allow the Club to remain in operation through December 17 (with the exception of a few days to complete the pump station), and reopen at least the kitchen and bar in April, 2016 and full Clubhouse operation in May, Work through December will be assumed to be funded with cash and savings; interest on the bank loan will begin in January. We continue to assume that we will borrow $1.06 million of the $1.4 million total project. The budget will assume a net gain of three Senior Members, one Junior Member, and no net change in Social Members. Restaurant sales will remain flat for 2016 with the exception of January through March when it will be assumed that we will be closed. No Minimum Monthly Spending will be charged to members in January through March. Real Estate taxes will be budgeted at $78,389, down from $95,849. Parking lot repairs for about $50,000 will be included in the first draft of the budget, but unless they can be at least partially included in the Clubhouse renovation, repairs may have to be deferred a year. We have been having difficulty getting necessary accounting information from the new Huntington Merchant Services (credit card collection) system. The General Manager was authorized to explore going back to the prior vendor, Heartland Services. David Hunt Treasurer

18 The Official Publication of Lakeside Yacht Club Page 18 To: Board of Directors From: Larry Orlowski, Manager Date: October 6, 2015 Reports: In the month of September food sales were $45,092 compared to a budget of $45,684 which is $592 below budget but is $9,504 better than last year. In the month of September beverage sales were $30,949 compared to a budget of $36,834 which is $5,885 below budget and $1,180 better than last year. In the month of September we held five private events and held our Labor Day weekend events. Year to date we have had $164, in Non-member revenue. We will continue to monitor this number each year to ensure that we don t exceed our allotted 15%. During this Fiscal year we have had sixty-one private parties and twenty-six club events. Food and beverage sales over Labor Day weekend were down $2,646 compared to the previous year. I met with Sean McDermott from the metro parks regarding our pump-out installation. It looks like everything will be ago the only final step we need to take is to get stamped engineered drawings. The project looks like it will take possibly up to a week at this point so we will plan to have it done during this year s shutdown. I will have Randy Keefe coordinate with Mike Cunningham and Greg Vittardi on the installation schedule. The boat show special started in October last year as a progressive increase each month starting with $2,000 in October for the initiation and finishing in March at the $2,500. I was wondering if we wanted do this again this year I have three members from Mentor Harbor Yacht Club who want to join the club this month if the special is in place.

19 The Official Publication of Lakeside Yacht Club Page 19 LYC Membership Committee Report October 6, 2015 Please review the updated statistics below concerning our present standings. Eric Goss - Social Membership Application - Awaiting Interview Peter Hendler - Application for Senior Membership Susan Rebner - Resigning Social Membership Robert Kneisley - Resigning Senior Membership Evelyn Mack - Resigning Senior Membership Greg Stein - Resigning Junior Membership Dan Miller - Resigning Junior Membership Eric Puening - Resigning Junior Membership At this time, approximately $48,400 worth of initiation has been collected compared to $30,900 budgeted. Respectfully Shane Bonomini Type 04/09 04/10 04/11 04/12 04/ Senior Junior Social Dry Sail Total