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COMMODORE’S REPORT<br />
Michael Smith, Commodore<br />
How nice to start a report with “It gives me great<br />
pleasure to congratulate all <strong>of</strong> our skippers and crew<br />
who sailed together for their club to win the Association<br />
Cup.” It really is a club award too, as most <strong>of</strong> those<br />
participating spend their year racing against all <strong>of</strong><br />
the other boats in the club, so the standard <strong>of</strong> racing<br />
<strong>of</strong> all helps push that high standard. Well done to all,<br />
and I look forward to collecting the trophy on behalf<br />
<strong>of</strong> the club and returning it to where the trophy feels<br />
at home.... Although I still seem to be waiting for the<br />
phone call from Sandringham advising when to collect<br />
it?<br />
There has been a lot <strong>of</strong> activity on the marina<br />
development and our lease details. It may seem like<br />
not much is happening at times, but a lot is going on<br />
in the background working the wheels <strong>of</strong> bureaucracy<br />
which David Sterret shall elaborate on <strong>more</strong> in the<br />
Development Report.<br />
The way in which our club is funded has been under<br />
review since February, and we are working on changing<br />
the model on how we raise both working and capital<br />
funding for projects today and in to the future. It’s<br />
been interesting speaking to some <strong>of</strong> the other clubs,<br />
particularly those who have been rebuilding club<br />
houses to find how they have been funded - and much<br />
<strong>of</strong> it is from substantial membership contributions. It<br />
was said to me recently that “we must find a way to<br />
raise funds without burdening the members” - but<br />
really, upon whom else does the responsibility lie?<br />
While we raise income where we can from functions<br />
and seeking sponsorship, at the end <strong>of</strong> the day a club<br />
exists for its members, and the club will be what we<br />
make it.<br />
Peter Abrahams and Ken Harrison have been doing<br />
some fantastic work on alternate funding proposals for<br />
the club, which would see us with cash reserves and<br />
funding for continuous capital works. I for one would<br />
like to see the bar and the bathrooms refurbished<br />
sooner rather than later, and we will soon be launching<br />
a campaign to assist with these projects.<br />
I <strong>of</strong>ten here people say “These days, we’re past this just<br />
being a club, it’s a business now” I don’t quite agree,<br />
we must remain focussed on being a club, but aim to<br />
run the club pr<strong>of</strong>essionally. Changes in the <strong>of</strong>fice are<br />
working very well, with the process still in progress.<br />
It also means charging a fair price for services, not to<br />
aim for a commercial price necessarily, but at levels<br />
that will not just cover costs but allow for future<br />
replacement. I believe we have slipped in a number<br />
<strong>of</strong> areas, and you will see changes over the next few<br />
months that are essential to not just maintain the club’s<br />
future, but lift us out <strong>of</strong> the mediocrity <strong>of</strong> “getting by”<br />
and raise standards for the current membership and<br />
for attracting new members.<br />
More details over the next several months as this is<br />
implemented.<br />
I dropped into Valenica a couple <strong>of</strong> weekends back<br />
(conveniently) between work in Dubai and Rome to see<br />
two days <strong>of</strong> America’s Cup racing. It was fantastic to<br />
be there the day Prada, with Australian skipper Jamie<br />
Spithill, sent the American BMW Oracle team home -<br />
again pro<strong>of</strong> that clear leadership and a cohesive team is<br />
so important in a campaign. The town itself seemed to<br />
be creaking at the seams, and that was only a semi-final.<br />
I’ll go out on a limb - while I’d like to predict that Prada<br />
won a close fought battle with New Zealand, to go on<br />
and defeat Alinghi - the harsh reality is that Team New<br />
Zealand were too good for Prada, and they went on to<br />
beat Alinghi in a tightly fought contest. However, the<br />
big upset was the announcement that the event would<br />
not be returning to New Zealand, but rather to Dubai,<br />
home <strong>of</strong> Emirates, and once again, the lure <strong>of</strong> foreign<br />
dollars had folks back in the land <strong>of</strong> the long white<br />
cloud cursing long and hard throughout the land!<br />
Fair winds. Commodore.<br />
Newsletter <strong>of</strong> the <strong>Royal</strong> <strong>Yacht</strong> <strong>Club</strong> <strong>of</strong> <strong>Victoria</strong> • June 2007