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<p>Justin,</p>
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<p>Can you give us your reasons for such a large increase in the fees? </p>
<p>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?</p>
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<p>Locker $30 to $50 66% increase</p>
<p>Dinghy $70 to $200 185% increase</p>
<p>Launch 100 to $200 100% increase</p>
<p>Slips $60 to $75 25% increase</p>
<p>Moorings $1400 to $2000 42% increase</p>
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<p>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.<br>
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<p>Roy</p>
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<p>Sent from <a id="LPNoLP" href="http://aka.ms/weboutlook">Outlook</a><br>
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<div id="divRplyFwdMsg" dir="ltr"><font color="#000000" face="Calibri, sans-serif" style="font-size:11pt"><b>From:</b> Board <board-bounces@portsmouthyc.org> on behalf of Justin Gray <jgray@promocentric.com><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</font>
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<a name="_MailEndCompose"><span style="font-size:11.0pt; font-family:"Calibri",sans-serif">Hi Doyle would you mind sending out a copy of the P&L via email please?
</span></a></p>
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<span style="font-size:11.0pt; font-family:"Calibri",sans-serif"> </span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Calibri",sans-serif">Since I cannot make the meeting I will give my 2 cents via email:</span></p>
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<span style="font-size:11.0pt; font-family:"Calibri",sans-serif"> </span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Calibri",sans-serif">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></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Calibri",sans-serif"> </span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Calibri",sans-serif">As far as the launch agreement is concerned, I believe item 5 (due date) should be similar in language to the other agreements.</span></p>
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<span style="font-size:11.0pt; font-family:"Calibri",sans-serif"> </span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Calibri",sans-serif">It currently reads:</span></p>
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<span style="font-size:11.0pt; font-family:"Calibri",sans-serif"> </span></p>
<p style="margin: 0in 0in 0pt; color: black; font-family: "Arial",sans-serif; font-size: 12pt;">
<span style="font-size:11.0pt">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></p>
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<span style="font-size:11.0pt; font-family:"Calibri",sans-serif"> </span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Calibri",sans-serif">Maybe edit it to:</span></p>
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<span style="font-size:11.0pt; font-family:"Calibri",sans-serif"> </span></p>
<p style="margin: 0in 0in 0pt; color: black; font-family: "Arial",sans-serif; font-size: 12pt;">
<span style="font-size:11.0pt">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></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Calibri",sans-serif"> </span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Calibri",sans-serif">I also feel that item 6 (usage) requires judgement that could lead to issues and should be removed:</span></p>
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<span style="font-size:11.0pt; font-family:"Calibri",sans-serif"> </span></p>
<p style="margin: 0in 0in 0pt; color: black; font-family: "Arial",sans-serif; font-size: 12pt;">
<span style="font-size:11.0pt">6. The fee covers a reasonable amount of use of the launch. The PYC Board of Directors may revoke a members right to use the launch if the Board deems a members use excessive.
</span></p>
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<span style="font-size:11.0pt; font-family:"Calibri",sans-serif"> </span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Calibri",sans-serif">In general, I think we should figure out what is reasonable or average and charge all accordingly.</span></p>
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<span style="font-size:11.0pt; font-family:"Calibri",sans-serif"> </span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Calibri",sans-serif">Example 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></p>
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<span style="font-size:11.0pt; font-family:"Calibri",sans-serif"> </span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Calibri",sans-serif">My thought on fees:</span></p>
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<span style="font-size:11.0pt; font-family:"Calibri",sans-serif"> </span></p>
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<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 Raise to $50</span><span style="font-family:"Arial",sans-serif; color:black"></span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Arial",sans-serif; color:black">Dinghy $70, unchanged since at least 2002 Raise to $200</span><span style="font-family:"Arial",sans-serif; color:black"></span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Arial",sans-serif; color:black">Launch $100, also unchanged since at least 2002 Raise to $150-200</span><span style="font-family:"Arial",sans-serif; color:black"></span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Arial",sans-serif; color:black">Slip $60 per foot since 2006 Raise to $75 (seems cheap compared to the Wentworth at $178 and BGs and Witch Cove at $150-ish</span><span style="font-family:"Arial",sans-serif; color:black"></span></p>
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<span style="font-size:11.0pt; font-family:"Arial",sans-serif; color:black">Mooring $1400 since 2006 I have no reference points, but $2000 seems reasonable</span><span style="font-family:"Arial",sans-serif; color:black"></span></p>
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<span style="font-size:11.0pt; font-family:"Calibri",sans-serif"> </span></p>
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<b><span style="font-size:11.0pt; font-family:"Arial",sans-serif; color:black"> </span></b></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<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"></span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<i><span style="font-size:9.0pt; font-family:"Arial",sans-serif; color:black">President</span></i><span style="font-size:9.0pt; font-family:"Calibri",sans-serif; color:black"></span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Arial",sans-serif; color:black">PromoCentric, LLC</span><span style="font-size:11.0pt; font-family:"Calibri",sans-serif; color:black"></span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Arial",sans-serif; color:black">5 Forbes Road, Newmarket, NH 03857</span><span style="font-size:11.0pt; font-family:"Calibri",sans-serif; color:black"></span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<span style="font-size:11.0pt; font-family:"Arial",sans-serif; color:black">Direct: (603) 758-7202</span><span style="font-size:11.0pt; font-family:"Calibri",sans-serif; color:black"></span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<a style="color: blue; text-decoration: underline;" href="mailto:jgray@promocentric.com"><span style="font-size:11.0pt; font-family:"Calibri",sans-serif">jgray@promocentric.com</span></a><span style="font-size:11.0pt; font-family:"Calibri",sans-serif; color:black"></span></p>
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<a style="color: blue; text-decoration: underline;" href="http://www.promocentric.com/"><span style="font-size:11.0pt; font-family:"Calibri",sans-serif">promocentric.com</span></a><span style="font-size:11.0pt; font-family:"Calibri",sans-serif; color:black"></span></p>
<p style="margin: 0in 0in 0pt; font-family: "Times New Roman",serif; font-size: 12pt;">
<a style="color: blue; text-decoration: underline;" href="http://promocentric.brandedpromotions.com/"><span style="font-size:11.0pt; font-family:"Calibri",sans-serif">http://promocentric.brandedpromotions.com/</span></a><span style="font-size:11.0pt; font-family:"Calibri",sans-serif; color:black"></span></p>
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<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>stardot@comcast.net<br>
<b>Sent:</b> Wednesday, November 9, 2016 2:25 PM<br>
<b>To:</b> Directors, Board <board@portsmouthyc.org><br>
<b>Subject:</b> [Board-2017] Agreements for review</span></p>
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<span style="font-family:"Arial",sans-serif; color:black">All -</span></p>
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<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></p>
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<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></p>
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<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="font-family:"Arial",sans-serif; color:black"></span></p>
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<span style="font-size:11.0pt; font-family:"Arial",sans-serif; color:black">Dinghy $70, unchanged since at least 2002</span><span style="font-family:"Arial",sans-serif; color:black"></span></p>
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<span style="font-size:11.0pt; font-family:"Arial",sans-serif; color:black">Launch $100, also unchanged since at least 2002</span><span style="font-family:"Arial",sans-serif; color:black"></span></p>
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<span style="font-size:11.0pt; font-family:"Arial",sans-serif; color:black">Slip $60 per foot since 2006</span><span style="font-family:"Arial",sans-serif; color:black"></span></p>
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<span style="font-size:11.0pt; font-family:"Arial",sans-serif; color:black">Mooring $1400 since 2006</span><span style="font-family:"Arial",sans-serif; color:black"></span></p>
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<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="font-family:"Arial",sans-serif; color:black"></span></p>
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<span style="font-size:11.0pt; font-family:"Arial",sans-serif; color:black">Thank you,</span><span style="font-family:"Arial",sans-serif; color:black"></span></p>
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<span style="font-size:11.0pt; font-family:"Arial",sans-serif; color:black">Doyle</span><span style="font-family:"Arial",sans-serif; color:black"></span></p>
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