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<p class="MsoNormal"><a name="_MailEndCompose"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Hi Roy - I do not know what KPYC charges but we should find out.<o:p></o:p></span></a></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">My reasoning is not based on percentages, but what\u2019s current and reasonable. As the clubhouse and facilities get older and needs more work, we will need to raise more capital.
I may have been reading between the lines a bit much, but it sounded to me like Doyle may have been suggesting we review and increase these rates.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Lockers - Whether it is $30 or $50 for a locker it\u2019s a no-brainer for those that wish to store their liquor. I look at it as a convenience fee.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Dinghy \u2013 I have no point of reference for this and have no idea what other marinas charge. Either way I figured that $200 to store a boat for the summer is cheap money. With
that said perhaps laddering in the increases makes more sense \u2013 perhaps we go to $100.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Launch \u2013 I suggested an increase to $150 or $200. I also suggested that we determine what is a reasonable charge for as round-trip fee and then try to determine the average
(or even high average) number of launch round trips per year per user and then do the match to figure what the fees should be. Either way, $100 seems way too low, $150 or $200 seems reasonable given the cost of maintenance, labor and new launches should we
ever need one. I think that we must assume that the average launch user uses it at least 15 times/year, and $10 per round trip seems reasonable.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Slips \u2013 $60 is too low, and I say this as a slip tenant. The Wentworth charges $190 and I believe BG\u2019s and Witch Cove are both in the $140-150 range. If someone has a 25\u2019
slip the rate goes from $1500 to $1875. Compare that to $140/$3500 or $190/$4750. Again, a reasonable increase and still lower-than-market rate.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Moorings \u2013 again for me, I have no point of reference and I am guessing my suggested increase is far too high. Maybe we increase more moderately to $1500-1600<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Sorry I can\u2019t be there this evening. You only turn 7 once!<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">Justin Gray</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"><o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"> Board [mailto:board-bounces@portsmouthyc.org]
<b>On Behalf Of </b>Roy Briscoe<br>
<b>Sent:</b> Thursday, November 10, 2016 8:26 AM<br>
<b>To:</b> Board of Directors <board@portsmouthyc.org><br>
<b>Subject:</b> [Board-2017] Fee increases?<o:p></o:p></span></p>
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<p><span style="font-family:"Calibri",sans-serif;color:black">Justin,<o:p></o:p></span></p>
<p><span style="font-family:"Calibri",sans-serif;color:black"><o:p> </o:p></span></p>
<p><span style="font-family:"Calibri",sans-serif;color:black">Can you give us your reasons for such a large increase in the fees?
<o:p></o:p></span></p>
<p><span style="font-family:"Calibri",sans-serif;color:black">We are a non-profit and we currently take in a lot more money than we spend and have a large amount of money in the bank. I agree some of the fees should increase, but I think moderate increases
in fees will be more acceptable to the members and it keeps the club affordable. Does anyone know what KPYC charges for their dinghy dock and moorings?<o:p></o:p></span></p>
<p><span style="font-family:"Calibri",sans-serif;color:black"><o:p> </o:p></span></p>
<p><span style="font-family:"Calibri",sans-serif;color:black">Locker $30 to $50 66% increase<o:p></o:p></span></p>
<p><span style="font-family:"Calibri",sans-serif;color:black">Dinghy $70 to $200 185% increase<o:p></o:p></span></p>
<p><span style="font-family:"Calibri",sans-serif;color:black">Launch 100 to $200 100% increase<o:p></o:p></span></p>
<p><span style="font-family:"Calibri",sans-serif;color:black">Slips $60 to $75 25% increase<o:p></o:p></span></p>
<p><span style="font-family:"Calibri",sans-serif;color:black">Moorings $1400 to $2000 42% increase<o:p></o:p></span></p>
<p><span style="font-family:"Calibri",sans-serif;color:black"><o:p> </o:p></span></p>
<p><span style="font-family:"Calibri",sans-serif;color:black">Currently a person with their own mooring, launch, dinghy dock and a locker is spending $850, that fee would now go up to $1,100 or a 29% increase.<o:p></o:p></span></p>
<p><span style="font-family:"Calibri",sans-serif;color:black"><o:p> </o:p></span></p>
<p><span style="font-family:"Calibri",sans-serif;color:black">Roy<o:p></o:p></span></p>
<p><span style="font-family:"Calibri",sans-serif;color:black"><o:p> </o:p></span></p>
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<p><span style="font-family:"Calibri",sans-serif;color:black">Sent from <a href="http://aka.ms/weboutlook" id="LPNoLP">
Outlook</a><o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> Board <<a href="mailto:board-bounces@portsmouthyc.org">board-bounces@portsmouthyc.org</a>>
on behalf of Justin Gray <<a href="mailto:jgray@promocentric.com">jgray@promocentric.com</a>><br>
<b>Sent:</b> Thursday, November 10, 2016 3:07 AM<br>
<b>To:</b> Board of Directors<br>
<b>Subject:</b> Re: [Board-2017] Agreements for review</span><span style="font-family:"Calibri",sans-serif;color:black">
<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;color:black"> <o:p></o:p></span></p>
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<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">Hi Doyle \u2013 would you mind sending out a copy of the P&L via email please?
</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">Since I cannot make the meeting I will give my 2 cents via email:</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">In general I feel that the agreements appear to be fine, with the exception of the launch agreement. If they all have not been reviewed by an attorney in over 5 years, perhaps we
should have them reviewed by one.</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">As far as the launch agreement is concerned, I believe item 5 (due date) should be similar in language to the other agreements.</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">It currently reads:</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">5. The Launch User must pay the fee and provide PYC with a signed copy of this Launch Agreement on or before the first date on which the Launch User wants to use the launch, but no
later than June 1, 2017. </span><span style="font-family:"Arial",sans-serif;color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">Maybe edit it to:</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">5. The Launch User must pay the fee and provide PYC with a signed copy of this Launch Agreement before docks in. Launch fees must be paid prior to utilizing the launch services.
</span><span style="font-family:"Arial",sans-serif;color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">I also feel that item 6 (usage) requires judgement that could lead to issues and should be removed:</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">6. The fee covers a reasonable amount of use of the launch. The PYC Board of Directors may revoke a member\u2019s right to use the launch if the Board deems a member\u2019s use excessive.
</span><span style="font-family:"Arial",sans-serif;color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">In general, I think we should figure out what is reasonable or average and charge all accordingly.</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">Example \u2013 if a ride should be $10 per round trip and the average person uses the launch 15 times/year, the fee should be increased to $150 for all. Either way, $100 bucks seems
cheap.</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">My thought on fees:</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-family:"Arial",sans-serif;color:black">Locker $30</span><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">, last raised in 2004 \u2013 Raise to $50</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">Dinghy $70, unchanged since at least 2002 \u2013 Raise to $200</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">Launch $100, also unchanged since at least 2002 \u2013 Raise to $150-200</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">Slip $60 per foot since 2006 \u2013 Raise to $75 (seems cheap compared to the Wentworth at $178 and BG\u2019s and Witch Cove at $150-ish</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">Mooring $1400 since 2006 \u2013 I have no reference points, but $2000 seems reasonable</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
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<p><b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black"> </span></b><span style="color:black"><o:p></o:p></span></p>
<p><b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">Justin Gray</span></b><span style="color:black"><o:p></o:p></span></p>
<p><i><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">President</span></i><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">PromoCentric, LLC</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">5 Forbes Road, Newmarket, NH 03857</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">Direct: (603) 758-7202</span><span style="color:black"><o:p></o:p></span></p>
<p><span style="color:black"><a href="mailto:jgray@promocentric.com"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">jgray@promocentric.com</span></a><o:p></o:p></span></p>
<p><span style="color:black"><a href="http://www.promocentric.com/"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">promocentric.com</span></a><o:p></o:p></span></p>
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<p><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> Board [<a href="mailto:board-bounces@portsmouthyc.org">mailto:board-bounces@portsmouthyc.org</a>]
<b>On Behalf Of </b><a href="mailto:stardot@comcast.net">stardot@comcast.net</a><br>
<b>Sent:</b> Wednesday, November 9, 2016 2:25 PM<br>
<b>To:</b> Directors, Board <<a href="mailto:board@portsmouthyc.org">board@portsmouthyc.org</a>><br>
<b>Subject:</b> [Board-2017] Agreements for review</span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="color:black"> <o:p></o:p></span></p>
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<p><span style="font-family:"Arial",sans-serif;color:black">All -</span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-family:"Arial",sans-serif;color:black">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.</span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-family:"Arial",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-family:"Arial",sans-serif;color:black">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:</span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-family:"Arial",sans-serif;color:black">Locker $30</span><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">, last raised in 2004</span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">Dinghy $70, unchanged since at least 2002</span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">Launch $100, also unchanged since at least 2002</span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">Slip $60 per foot since 2006</span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">Mooring $1400 since 2006</span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-family:"Arial",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">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><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-family:"Arial",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">Thank you,</span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:black">Doyle</span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-family:"Arial",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
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<p><span style="font-family:"Arial",sans-serif;color:black"> </span><span style="color:black"><o:p></o:p></span></p>
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