<html><body><div style="font-family: Arial; font-size: 12pt; color: #000000"><div>All -</div><div>I want to give you a little time in advance to think about a couple of important topics. In my Treasurer's Report at tomorrow's Board Meeting, I am going to ask for input on any changes to the existing Agreements we send to members who have dinghies, slips, moorings or who use the launch for the season. If you can, please look over these agreements and let me know if you think any of them need to be modified.</div><div><br></div><div>Also, I am going to ask if the Board would like to approve an increase in any of the fees we charge annually. The membership fee and membership application fees are set by the constitution, but fees for lockers, dinghy dock space, slips, moorings and seasonal launch use are set by the Board. The fees currently are:</div><div>Locker $30<span style="font-size: 11pt; line-height: 115%; font-family: arial, helvetica, freesans, sans-serif;">, last raised in 2004</span></div><div><span style="font-size: 11pt; line-height: 115%; font-family: arial, helvetica, freesans, sans-serif;">Dinghy $70, unchanged since at least 2002</span></div><div><span style="font-size: 11pt; line-height: 115%; font-family: arial, helvetica, freesans, sans-serif;">Launch $100, also unchanged since at least 2002</span></div><div><span style="font-size: 11pt; line-height: 115%; font-family: arial, helvetica, freesans, sans-serif;">Slip $60 per foot since 2006</span></div><div><span style="font-size: 11pt; line-height: 115%; font-family: arial, helvetica, freesans, sans-serif;">Mooring $1400 since 2006</span></div><div><span style="font-size: 11pt; line-height: 115%; font-family: arial, helvetica, freesans, sans-serif;"><br></span></div><div><span style="font-size: 11pt; line-height: 115%; font-family: arial, helvetica, freesans, sans-serif;">All of these, especially the launch, are serious bargains. After 10 or 15 years with no fee increases, it might be time to think about bringing some of them up closer to market value. I know fee increases are contentious and generally unpopular, but please think about it and plan to discuss them tomorrow. </span></div><div><span style="font-size: 11pt; line-height: 115%; font-family: arial, helvetica, freesans, sans-serif;"><br></span></div><div><span style="font-size: 11pt; line-height: 115%; font-family: arial, helvetica, freesans, sans-serif;">Thank you,</span></div><div><span style="font-size: 11pt; line-height: 115%; font-family: arial, helvetica, freesans, sans-serif;">Doyle</span></div><div><span style="font-size: 11pt; line-height: 115%; font-family: arial, helvetica, freesans, sans-serif;"><br></span></div><div><span style="font-size: 11pt; line-height: 115%; font-family: arial, helvetica, freesans, sans-serif;"><br></span></div></div></body></html>