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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

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