Deer Isle Yacht Club

Sylvester Cove, Sunset, Maine

Fall 2019 Commodore's Letter



Greetings All,

After a wonderful summer here on Deer Isle, I am happy to report that all is well with the Deer Isle Yacht Club. Our floats and ramp have been hauled, stacked and secured for winter. The weather is beginning to turn cooler but we are still getting some warmish sunny days.

Part of our mission as board members is “to provide boating facilities for the convenience and pleasure of its members in the lawful and proper use of Penobscot Bay and its adjacent waters, through sound design, construction and maintenance, for maximum safety, protection of water craft and practical ease of use.”

Consistent with this mission and with our commitment to prioritizing the maintenance of our dock facilities, the Board of Governors (BOG) and especially the Vice Commodore and Harbor Committee are always accessing the condition of our facilities, making repairs as needed.

One of our major concerns recently has been the pier leading from the parking area to the floats. The pier is nearly 30 years old and is showing deterioration. In response, we hired two engineering firms to access the condition and structural integrity of the pier. Their reports have stated clearly that the pier is sound and safe to use but requires periodic maintenance, including scraping, removing old paint and rust and making repairs to supports and our aging walkway. Over time, the cost of making repairs has increased significantly and we have determined that replacing the pier may be a more cost-effective solution.

At our most recent BOG meeting on October 26th the BOG authorized the formation of two new committees to study the condition of the pier. The first, a Pier Assessment Committee, will examine our options for replacement, including design and materials, and will compare the costs of remediation vs replacement.

The second committee, a Pier Funding Committee, will be formed to investigate funding options and to determine when best to undertake a replacement project. Our other assets, floats and structures, are on a replacement schedule and funding is already secured for that purpose. Nonetheless the Funding Committee will consider all capital expenditures and their impact on the Club’s reserves.

We are looking for membership involvement, and if you are interested in joining one of these committees, please feel free to get in contact. Committee work will begin in the next month and will continue through the spring with the goal of making information on the pier available to the membership this summer.

On another topic: Over the years, members have expressed enthusiasm for the idea of a DIYC Scholarship for graduating students at DISHS. In response, the BOG is taking on the task of looking into the details and options of establishing such a fund. Since we are not a 501(c)3 charitable organization, we would need to engage an organization such as The Maine Community Foundation to collect and administer the funds per our direction. The fees that are taken out are more than offset by investments.

The minimum amount to set up an endowed fund is $10,000, some of which has already been raised through unsolicited pledges from Board members and an anonymous donor willing to match up to $5,000. The BOG does not want to proceed with a plan that has not been at least informally vetted by the membership, as the hope is to sustain and grow the endowment through yearly fundraising within the club. There are many more details to be ironed out, but if you have questions or comments, please contact Susan Scholl at Schollhouse@aol.com or 301 365-3357.

Have a good winter everyone. Hope to see you on the dock next summer.

Scott L Miscione

Commodore


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