Special General Meeting result, General Committee report and SGM papers
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Result of the Special General Meeting and Paper.
Special General Meeting - 19th October 2012 at 18.30hrs
Click here for the Notice of Meeting
Click here for the General Committee Report
Click here for the amendment to Option A
SGM decision - Members vote to build the Platform Lift
Members at the Special General Meeting voted to install a platform lift in place of the slipway, on the provision that the additional kindred club business could be proven. The meeting was very well attended with over 200 people keen to decide on the Club's future lifting options. It was a long night as the complex issues were addressed and each member given their opportunity to speak on the various options. Amendments were proposed, some were accepted others not, however right throughout members stuck strongly to the club values over what has been an passionate subject.
The final decision was:-
“THAT this General Meeting:
3.1 Endorses the proposal of the General Committee to replace the existing slipway with a platform lift to be installed in part of the area currently occupied by the existing slipway within the hardstand alignment and to undertake associated works including:-
a. Making good the remaining area occupied by the slip and adjacent remediation works to the Western Hardstand;
b. Providing new indented rail linking the new platform lift with the existing traverser;
c. Provision of wash facilities serving the platform lift and the existing travel lift to EPA standards; and
d. Removing the existing underwater slip structures facilitating access to the platform lift and use of the “basin” for boat holding prior to entry to the yard.
3.2 Authorizes the Club to borrow up to $1,300,000 to finance the works outlined in this resolution subject to the additional requirement that the Club shall not enter into any final commitment for the works or the associated borrowing until such time as the expected Kindred Club demand for the yard business has been proven - by securing at least 50% of the expected additional Non Registered Boat business (i.e. movement of boats owned by members of Kindred Clubs into the Yard in addition to the average level of such business experienced in the past 2 years) or by the establishment of written Agreement with one or more Kindred Clubs or their Members which will in the opinion of the General Committee reliably lead to that outcome.”
3.3 Authorizes the General Committee to negotiate the terms of such additional borrowings, including the giving of security over the assets of the Club, as the Committee thinks fit.”