Board Minutes

2011

Secretary,Marianna McCormick

Board Meeting Minutes - Monday, January 10th 2011

Board members Present: Igor Belakovskiy (President), Mike Farry (Vice President), Fred Good (Treasurer), Marianna McCormick (Secretary),
Amelia Booth (Trustee)

Not Present: Sean Wolf (Captain), Evan Bailey (Trustee)

Members/others Present: Judith Vogel, Stefanie Sydlik, Andrew Hashway, Tom Keister, Andrew O'Brien

Coaching Survey – Igor Belakovskiy: There were a small number of respondents; another request for member feedback will be sent out.

HPG Coach Status –Igor Belakovskiy/Mike Farry: The search for a HPG coach is ongoing. Information from the coaching survey has been
very helpful along with feedback from the rowing community. The committee is considering several RBC candidates while also considering
outside applicants based on the rowing community's advice and network.

Andrew O'Brien expressed the importance of having coaches who are up to date on current performance testing measurements; Igor assured
Andrew that many attributes will be considered and that is definitely one of them.

Mission Statement – Igor Belakovskiy /Mike Farry: Preliminary results from the mission statement survey showed a significant primary interest
in improving our boathouse facilities with almost equal interest between coaching and equipment as a secondary concern. This is interpreted as
an interest in long-term goals and the Board would like to get a larger sample size then the 70 respondents from the membership, This feedback
will help drive future decisions.

Summer Program – Igor Belakovskiy: The summer program for girls proposed by Joel looks promising. There are a few details about
equipment to work out and we should also recruit girls from Cambridge Rindge and Latin.

Learn to Row – Stefanie Sydlik: Stefanie presented a proposal from HPG to sponsor and run a "learn to row" program for middle school
students as a fundraiser for the HPG program. The Board agreed this was a well thought out proposal, although there is a concern that HPG is
not valuing their proposed program appropriately. It was recommended that Stefanie and HPG think about charging more and including more
students, possibly involving the men. It was also strongly advised, from a logistical standpoint, that they have the students get parental waivers,
swim tests and become members to address liability issues and insurance coverage.

Budget – Fred Good: We are still waiting on the terms of the new lease; we hope to have that information soon. There were also discussions on
how to better manage collections. There are still outstanding debts from last season and we should consider better mechanisms to collect fees
and dues. This could include developing different billing policies and/or payment upfront for some services (e.g., trailer fees).

Our endowment now is above $500,000, which is still small for the value of our club. This will allow us more opportunities for borrowing, make us
more attractive to future donors, and fund future plans driven from the feedback from the survey.

Riverside is hiring a rigger due to expected selling/rollover of equipment in the upcoming year and to ensure the equipment has the possible
highest resale value.

The subject of raising dues was broached. This was met with concern since the demographics of our membership would be greatly affected by
any increase of any size. Concern was expressed that we are not competitively priced compared to other clubs on the Charles River and that we
need to raise dues to build capital for our future goals. Possible solutions were proposed that included flexible billing cycles, payment plans,
charging for outside space, and making sure all services (e.g., boat storage) were billed and collected. The topic was tabled for future discussion.

Crash-b's After Party – Amelia Booth: Amelia has research holding a Crash-b after party at Athem downtown (next to Ned Devine's) She is
considering charging $10 to $15 dollar to cover costs. Last year we broke even. She is in negotiation with the facility now.

Communications/Board Meeting Times – Marianna McCormick: Marianna wanted to include minutes on the website. She also presented the
Board meeting times and addressed having a shorter meeting before the Quarterly Meetings.

Osborn Awards – Marianna McCormick: Marianna brought up that we need to consider the Osborn award and discuss how this was done in
the past.

Board Meeting Minutes - Monday, February 7th 2011

Board Members Present: Igor Belakovskiy (President), Mike Farry (Vice President – remote), Fred Good(Treasurer), Evan Bailey
(Trustee),Amelia Booth (Trustee), Sean Wolf (Captain), Marianna McCormick (Secretary)

Not Present: all present

Members/others Present: Chris Dyke, Judith Vogel, Stefanie Sydlik, Jeff Forrester, Tom Keister, Joel Skaliotis, Katie Ruderman, Nick Daniloff

Coaching Survey – Igor Belakovskiy:The coaching evaluations had a small sample from each session. The responses focused on the
coaches' communication issues, technological knowledge, organization and accessibility during regattas. Igor will meet with the coaches
individually and discuss the feedback.

HPGCoach Status – Igor Belakovskiy: An impressive caliber of candidates for applied for the Men's HPG Coach position. Igor will meet with
the committee and make a final recommendation to the board before Crash-Bs based on evaluations, hands on sessions and committee
feedback.

MissionStatement –Mike Farry (remote): There were 106 respondents on the Mission Statement survey. The specifics of the results will be
presented at a future general membership meeting. There wasn't a marked difference between the provisional members and senior
members.As was with the earlier analysis,the membership's long-term goals focus on improving the boathouse facilities and where to fund
raise for capital to meet these long-term goals. There was a discussion on the best way to formulate the mission statements, if we should
present the membership with several different examples or if we need more communication through other surveys or town hall meetings. There
was a concern expressed that we need to make sure that RBC does draft a mission statement in a timely manner.

Budget – Fred Good: RBC's rent for the year is $8,000, which was originally allocated at $11,000. This leaves a $3,000 windfall to put back into
the club. The board unanimously approved a membership fee increase of: $25 dollars for provisional/senior members; $25 dollars for rack
space, $50 for family and $25 for summer sweeps.With the $3000 saved in rent this will bring an additional$14,600 in revenue. The entirety of
this will be reinvested in the club. The coaching budget will receive an additional $7000 and the $7600 will be divided between the building
development fund and the endowment to begin addressing concerns raised in the membership survey results.

Summer Program – Joel Skaliotis: The board approved unanimously the two week summer camp for high school girls. The new Brookline
coach for the boy's team will be Katie Ruderman. They will have 12 to 34 rowers and use Brookline's equipment.

Calendar – Nick Daniloff: Nick proposed that we investigate the option of a RBC calendar as a fund raising mechanism. The board thought this
could be an interesting idea, and maybe even a community-building tool but would want a more flushed out plan with projected revenues, cost
and design. Nick took this under advisement.

Lactate Testing/HPG Fundraising – Stefanie Sydlik: The HPG women presented a plan on offering lactate testing as a possible fund raising
opportunity.The HPG team would administer this on Sunday March 6th. The cost of this service would be $75 to RBC members on a limited
basis.The board unanimously approved the proposal.

Outdoor Rack Space – Sean Wolf: RBC will need to see if we can charge for outside rack space without compromising any legal obligations.
The original intent was to track and monitor who is currently has boats outside. This issue will require further investigation and review to make
sure we are compliant with our obligations.

Rack Applications – Sean Wolf: Rack privileges are based on yearly service to the club, miles rowed and boat ownership. The board
discussed who has been consistent in meeting the requirements and who would qualify when new rack spaces become available. It was noted,
unlike medical excuses, that lifestyle changes are not enough to excuse members from club service and miles requirements.Boat sharing was
taken into consideration on existing rack space privileges.

Boardand General Member Meeting Minutes - Monday, March 7th 2011

Board Members Present:Igor Belakovskiy (President), Fred Good (Treasurer), Marianna McCormick (Secretary), Evan Bailey (Trustee), Sean
Wolf (Captain), Mike Farry (Vice President)

Not Present: Amelia Booth (Trustee)

Members/others Present: Judith Vogel, Cindy Larson, Mary O'Neil, Alexandra Bailey, Kate Sullivan

Porch and Dock Structural Issues– Igor Belakovskiy/Cindy Larson: The Porch and dock have been secured to avoid unnecessary use that could
aggravate the damage and risk injury.

Discussions are ongoing with the structural engineers. Currently RBC is working with Fred Cowin, an experienced structural engineer who is a rower
and has a long history and relationship with RBC. RBC hopes to have a complete plan in two to four weeks. The board acknowledges his generosity
and wants to make sure that RBC does not take his time and experience for granted. The Board will request a proposal to ensure clearly defined
goals and scope and that everyone is compensated fairly.This is a significant project and requires a professional relationship, even if that
professional is integral part of the RBC community.

Creative solutions are necessary for both the short-term and long-term solutions. For the short-term we need to move the boats around and find a
place for oars. Sean will be organizing a group of people to move the eights outside and the club boats and some singles into the eights bay. There
will be no temporary fix for the downstream ramp. RBC will know our options for the long-term soon.

Sean Wolf wants to make sure that anyone who wants to row in March can. Sean will work with the private boat owners and programs to make sure
everyone has an equal opportunity to get out on the water.

The docks are also a concern since they are near the end of their useful life. RBC has been in communication with Sullivan Floating; they can't help in
the short-term but might have ideas for a long-term solution. Igor will be the point person for the dock.

Mary O'Neil suggested that we have a working group for logistical needs, to look at options and streamline communications.

Kate Sullivan informed the Board that they will need to get permits for storing the boats outside and should inform the community. Igor suggested we
know our long-term plans first so that we can give them accurate and complete information.

Crusher Casey is on hold and the Cromwell Cup will have to be re-evaluated after the Board has more information.

Coaching Update – Igor Belakovskiy: Bob Gillettehas been hired as the HPG coach. This was a difficult decision since there were so many great
applicants. Both Judith Vogel and Jeff Forester were noted for stepping up and helping with coaching and leadership when RBC needed it. Judith will
be the assistant coach again this year and Jeff will step into the role of the men's sweep coach. The coaching committee is still trying to firm up the
sculling coach and have several interesting candidates.

Summer Program – Igor Belakovskiy for Joel Skaliotis: A summer program for boys was proposed that would mirror the already successful
summer program run by Brookline H.S. for girls. This program will be coached by Katy Ruderman and have 8 to 16 athletes. The Board approved the
program contingent on boathouse access do to the stability of the porch and docks.

General Member Meeting Minutes:

Porch and Dock Structural Issues – Igor Belakovskiy: Igor gave an update on the porch and docks.

Captain's Update – Sean Wolf: all club boats are off the water until further notice and boats will be reorganized to make sure people have access
and are safe. People must be respective of the situation and only one person on the ramp at a time.

Mission Statement – Mike Farry: 80% of the club responded. The President's Committee will draft several different mission statements and roll them
out to the General membership and continue to engage in communication.

Trustee Elections – Igor Lasic/John Tracey: Igor Lasic and John Tracey both ran for the Trustee Position. Igor Lasic was voted in as the new
Trustee.

Earth Day – Josh Bers: Josh will be the new Earth Day organizer and is looking for volunteers for the April 16th event.

Boardand General Member Meeting Minutes - Monday, May 2nd 2011

Board Members Present:Igor Belakovskiy (President), Mike Farry (Vice President), Fred Good (Treasurer), Sean Wolf - remotely (Captain),
Marianna McCormick (Secretary), Evan Bailey (Trustee),Amelia Booth, (Trustee), Igor Lasic (Trustee)

Not Present:All Present

Members/others Present: Dick Garver, Joel Skaliotis, Katy Rudermann, Paige Divoll, Libby Diamond, Sarah White, Colleen Saville, Ed Frankenberry,
Kyle Lafferty, Cindy Larson, Mary O'Neill, Peter Morelli, Valerie Brinker, Kate Sullivan, Liza Kunze, Jeff Schaffer, Ed Ballo, Tom Keister, Andrew
Hashway

Sculling Coach Update – Igor Belakovskiy:
RBC has hired Gordon Hamilton as the new sculling coach. He will start on May 12th.His coaching experience, technical expertise and safety
record made him the best choice for the position.

Nominations for President's Committee – Igor Belakovskiy:

Pete Morelli was nominated as a replacement to Lynn Osborn on the President's Committee. Pete was unanimously voted in.

Budget Update – Fred Good:

Budget – RBC has paid $24,000 out of $60,000 for the temporary porch repair so far. This exhausts the B&G reserve to date. There is still $2000 to
$3000 bills outstanding. RBC has been presented with a new dock proposal that would cost $16,000; this does not include the porch or the
connection to the porch to the dock. There needs to be a conversation and a plan on how to approach financing this project. RBC can only support
this effort until September, at which point RBC not be financially stable. RBC has a line of credit, which is used to cover short-term bills. There has
not been a final report on whether any of the damages will be covered by insurance.

RBC is still working with the engineers from Bourne Associates to determine options for a long-term fix. Ron Bourne will present different dock
scenarios that will include the current doc configuration and what an upgrade could entail and cost. This will include the permitting and a timeline.
The first phase could start as soon as a couple of months.

Kate Sullivan recommended we look into FEMA small business loans, consultants for permitting and suggested that all committees should bare the
cost equally.

Igor B. said budgeting would be finalized when RBC has a specific plan. Fred Good reminded everyone that there has been no board vote on the
dock yet, currently we are just maintaining what we have and that decisions will have to be made and acted on in the future. The current fix is
expected to last through the winter. The permanent solution will be expensive. If it is determined that it will be more than $100,000 RBC will have to
find a new method to finance the project. RBC is cautiously optimistic that insurance will cover some of the damage, but that is still to be determined.
Other than the porch and dock issues, RBC finances are on budget.

Mike Farry suggested that if cuts are made that all committees be included. Kate Sullivan stated that the B&G budget has taken the brunt burden so
far for an unexpected event. Mike Farry said the board would look into this.

Sarah White brought up the possibility of doing a donation drive. Evan Bailey reminded the board and attendees that that all fundraising options are
being considered but there many different variables that will need to be addressed for a thoughtful and professional plan.

Facilities Committee (enclosing outside boats) – Dick Garver, Cindy Larson, Kate Sullivan:

Dick presented an introduction behind the formation of the Facilities Committee to look into enclosing the outside boats based on membership
interest. Cindy Larson proposed two different scenarios based on topographical surveys and existing information. Consideration was given to
different impacts on the community, DCR concerns and functionality while meeting RBC's long-term goals. The facilities committee would like to start
meeting with different resource groups (e.g., community and political) to get feedback.

The two proposed enclosure solutions consisted of: enclosing what we have straight-off each side of the boathouse with a fence; or the second
proposal which would entail two structures, offset at an angles that points at the existing docs and allows for more openness for the community to
see the river. Cindy advised that there are multiple variables and considerations from engine storage, oars, number of boats and impact on the
parkland. Kate suggested the group develop more detailed plans and start communication with local officials.

Mike Farry reminded the board and the attendees that there are multiple constraints including: political, engineering, aesthetic, financial, and there
needs to be a directive to expand beyond our existing constraints. RBC will need a specific vision before asking members for additional resources.
Igor B. said RBC should not be afraid of finding out the final cost of the project and would need to know the specifics to look for outside
financing.Igor B. noticed that other clubs are expanding, especially with their sculling programs and RBC has not.

Joel Skaliotis asked that all equipment be considered in the decision.He wanted to know if the presented proposal was just for singles or included
both Brookline H.S. and Simmons College. He asserted that it was important to know what would make the membership happy and how the schools
could help make this successful. Cindy, Kate and Dick envisioned multi-use and the ability to grow. Joel is open to feedback and working with RBC.

Long Term Planning – Igor Lasic:
Igor Lasic presented a PowerPoint presentation on long-term planning to address facility upgrades, programs, coaches endowment, development
funds and a club manager. Committees and chairs have been identified that will include the following interest areas: Community Relations,
Development, Facilities, Fundraising, and Communications. A six-year preliminary time-line was presented that included: fundraising, dock and porch
repairs, long-term facilities plan, coach endowment.

Igor B. thought it might be good to start fundraising on a smaller project to start the process and show that we can successfully raise money and
implement a plan to completion. Amelia Booth was concerned about too many fundraising efforts and Sarah White and Mary O'Neil spoke to a
"community of giving." Mary stressed that it's important to not dilute the mission of RBC's fundraising goals with small requests that could be covered
in RBC's normal operating budget.Amelia stressed that RBC be aware of RBC's demographic and to keep realistic expectations. Kate said the
board the membership is energized over the dock and porch situation and a project like selling bricks with member's names could be a fundraising
opportunity. Mike reminded everyone, based on his experience, that RBC needs a plan that includes a reasoned, articulated strategy, with
designated amounts over a specific time period and targeted donation base.

Igor Lasic touched upon the proposed charters of each team for the Development Committee. This includes resurrecting the newsletter, managing
operations for growth, and staying competitive. The first phase is to define the goals to build the charters and to start fundraising for a permanent
coach. Lisa Kunze stressed the need for a database of existing and former members and what skills members have that could help the club.

B&G Budgeting – Mary O'Neill:
Mary wanted clarification on how the porches and docks would affect the current B&G budget.

Igor B. explained the three concepts: No change to the current situation and which will require extensive maintenance and re-risk of winter damage;
the same setup but with a separate float for the ramps which would put less strain on the docks; and a third with a separate pylon system where the
docks would not be attached to the boathouse.

The docks and porch are a large unexpected event, yet there were existing projects that RBC needs to consider, such as the wall in the team room.
The wall is still an issue, although not a crisis at the moment, and needs to be addressed before it becomes one. Mary suggested that the rigger
area could be bettered managed with proper shelving.

Mary also requested guidance on how to approach smaller projects. There was an issue of whether or not to purchase new showerheads. The board
stated that expenditures of less then 10% of the budget do not require a board vote.

Igor B. reminded everyone what is an operational vs. improvement expense. Other committees should not use resources from the B&G budget.
People should not start projects without consulting the committee heads. Igor B. strongly encouraged a building assessment to look at the wall.

Kate Sullivan inquired about boat buying plans. Mike assured Kate that final decisions have not been made and won't be finalized until there has
been an assessment of the current situation.

Paige Divoll asked if she could address the oars abandoned in the attic. The board agreed that with another email she could sell or reprocess what
isn't claimed.

Committee Representation – Igor Belakovskiy:
The board agreed that committees should have vice chairs and have representation at all future board meetings. At least one member of the
committee should report on the current status of their committee and communicate back to their members what was discussed at the meetings.
Committee chairs can suggest their successors but not determine their replacement.

Board Meeting Times – Igor Belakovskiy:
Board Meetings will be changed to 7:30.

Boardand General Member Meeting Minutes - Monday, April 4 2011

Board Meeting Minutes:

Not Present:All Present

Members/others Present: Chris Daly, Katy Rudermann, Valerie Brinker, Chris Dyke, Lynn Osborn, Kate Sullivan, Jeff Forrester, Liza Kunze, Jeff
Schaffer, Ed Ballo, Josh Bers, Peter Morelli, Tom Keister

Porch/Ramps/Docks Update Porch – Igor Belakovskiy:

The project has been broken up into two phases: long-term and short term. Short-term fixes have been made to three of the upstream ramps. The
downstream ramp, that suffered the most damage, needs to be moved off its post with the help of a crane. The DCR confirmed that there are no
permits needed for repairs “in kind.” A meeting of the Dock Committee after Crusher Casey Breakfast is planned for Sunday after Crusher Casey to
discuss long term fixes.

Ron BorneRBC’s Dock Engineer, is working with RBC to help determine short-term and long-term solutions for the dock. Optimistically, permitting
could be completed by November and work started for the long-term plan next season. The Dock Committee will meet with Ron Born on Thursday
the 14th to strategize on a permanent solution. The Dock Committee is working to get the downstream ramp functional within the next two weeks
with a temporary fix.

Sculling Coach Update – Igor Belakovskiy: There are applicants for the sculling coach position but Igor stressed that it’s worth waiting for the right
candidate since Jeff Forrester will act as an interim coach for the next month or so. Other temporary coaches are also available which will afford
RBC time to make the right long term decision.

First 30 Days of HPG Coaches – Igor Belakovskiy: Bob Gillette is getting acclimated as the new HPG coach. The rowers on both teams are
working hard towards the NSRs and are reported as happy. Bob has some interesting ideas about creating a summer job network for the summer
rowers.

The coach contracts have been restructured for renewal at the end of September. The contract timing fits better with the teams’ season.

President Committee Chair Replacement – Igor Belakovskiy: Lynn Osborn is leaving up her chair position. The Board is looking at replacements
and hopes to have a nomination by the next board meeting.

2010 FINAL Financials– Fred Good: The 2010 financials were distributed to each board member present. The financials are structured in such a
way to be compliant with our 501c3 non-profit status and have been filed as per regulations for the year.

Monthly Budget update – Fred Good: The months preceding the receipt of membership dues are lean; about $64,000 has gone to paying RBC’s
bills for the year. This requires tapping into RBC’s line of credit. This is not unusual since membership dues are received later than the majority of
bills are to be paid previous to receiving the membership dues.RBC is current and in good standing. A new launch was purchased and coach’s
salaries were augmented as planned. We currently have a surplus of $850.

Porch Repair Financials – Fred Good: Based on the two phase of the porch/dock repair the Board anticipates $53,000 for a short-term fix and an
estimated $100, 000 for a long-term fix. The Board needs more information before allocating funds. Currently Fred Good is working with RBC’s
insurance company to see if some of the damage could be covered under RBC’s policy.

RBC does not at this point want to cut existing services to fund the porch/ramp/dock repair until there is a better understanding the scope of the
repair project. RBC’s financial situation is stable and can afford RBC time to develop a thoroughly thought out plan. The porch/ramp/dock repair is a
serious matter and a major undertaking, but it is important to remain in control and to make smart decisions.

Mission Statement – Mike Farry:

Mike Farry, Igor B. and Igor L have worked on several different versions of the mission statement. One was proposed and the Board and attending
members discussed how there should be less of a focus on facilities but more of a focus on competition, history and membership.Several
members expressed the need to state that RBC is open to all levels of competition yet be inclusive to the different rowing demographics of the club.

It was agreed that the mission statement will be necessary to raise money for future projects and test proposals to the Board to ensure that the
membership needs are met. There are resources within RBC’s community that can help with the mission statement draft and the Board will reach
out to them for guidance.

Crusher Casey/Social Committee – Amelia Booth:

Crusher Casey is this Sunday. Amelia Booth is handing over the Social Committee responsibilities to Eliza van Lennep. The Board acknowledged
Amelia’s accomplishments over the last eight years and thanked her for her contribution.

Fleetwatch – Evan Bailey:

Fleetwatch will have a significant upgrade and extra login stations. Fleetwatch will be touch screen and boat and launch reservations will be
electronic (but not online remotely). There will no longer be a need for paper sheets. Marianna McCormick volunteered to hold training sessions for
new or curious members.

Development Committee – Igor Lasic:
Development Committee – Igor Lasic is heading up the new Development Committee. The Development Committee will consist of three subgroups:
Facilities, Fundraising and CommunicationsIgor L. will oversee the collection of existing information and new information as it comes in and
coordinate efforts between the different subgroups. There will be a call to action for people to get involved.

Wiki – Igor Lasic:
Igor L has created a wiki to help organize the efforts of the development group and could be a useful tool for the club. The wiki will be rolled out
slowly to interested and involved parties.

Board Meeting Minutes – Monday, June 6th2011

Board Members Present:Igor Belakovskiy (President), Mike Farry (Vice President), Fred Good (Treasurer), Sean Wolf (Captain), Marianna
McCormick (Secretary), Amelia Booth, (Trustee), Igor Lasic (Trustee)

Not Present:Evan Bailey

Members/others Present: Mary O'Neill, Valerie Brinker, Kate Sullivan, Liza Kunze,

Social Committee – Amelia Booth: RBC is allowing a member to have a social function on June 11th.This option is not available to the general
public. There will be a fee, code of conduct, contract and no alcohol. There should be a consideration of how this impacts members. Mary O'Neil
brought up legal and code issues. There will be more discussions in the future to clarify this issue.

Amelia stressed the need for one point of contact and a master calendar to reserve space for all events. Attendees need to be limited to less than
50 people.

Preliminary Goals - Igor Lasic: Igor L presented preliminary goals. Mike, Igor B., suggested a town hall meeting to solicit solid input from a wider
base. After reviewing a possible mission statement, Igor B. encourages acknowledging the non-competitive rower. It was suggested that determining
goals is a bigger task than what can be accomplished in board meetings. Igor L will have a meeting with the development team to see what they
need.

Budget Update – Fred Good: Hartford Insurance is covering RBC for some damages. The amount will be between $20,000 and $45,000 and
determined after the permanent fix costs are identified

The Junior's program is successful but not generating significant profit. Because of the costs incurred running the program, such as insurance and
credit card processing fees, it is not a revenue generator. With that said the program is popular and provides reasonable cost alternative to
CRI.The Junior's program uses Brookline HS equipment or uses RBC's equipment off hours.

Captain's Update - Sean Wolf: RBC is juggling summer usage and is considering caps if needed. Rentals are also an option. The Captain is
committed to getting the best boats available to the championships. Membership includes over 35 to 40 provisionals which roll over each year, about
35 new juniors. 9 summer sweeps. Sean is sensitive to the need for flexibility.

July 11, 2011

Board Meeting Minutes

Board Members in Attendance: Igor Belakovskiy (President), Mike Farry (Vice President), Fred Good (Treasurer), Marianna McCormick
(Secretary), Evan Baily(Trustee), Amelia Booth(Trustee), Igor Lasic (Trustee)

Other Attendees:Jeff Schafer, Liza Kunze, Mary O'Neill, Jim Hanley, Severine Imbert de Smirnoff, Todd Milne, Val Brinker, Joel Skaliotis,Katy
Rudermann, Jeff Forester, Nik Kurmakov, Kit Casey, Paige Divoll, Caitlin Mance, Mary Foster Brandon Sorborn, Kate Sullivan, Ed Ballo, Alex
Caruthers, Dan Kettler

Under 23 Worlds- Igor Belakovskiy: RBC has two entries, Phil Henson and Phil Grisdela, for the 2011 U.S Under 23 National Team this year. Phil
and Phil are rowing the lightweight pair and are coached by Bob Gillette. At the Cromwell Cup Regatta, RBC held a raffle that raised $910 dollars.
This is to offset the cost of the trip to Amsterdam for both rowers and coach, which is estimated to cost approximately $9,000. RBC has more
athletes competing at the national level than in past years, but with success comes the need for more support. Igor B. sees the inclusion of older
RBC athletes on the national team beneficial to RBC since the post college rowers will be more likely to remain long-term members. Igor B. asked
the board to consider this factor when deciding where to focus fundraising efforts. Igor B. also stressed the importance of improving the coaching
salaries and suggested that RBC and its teams contemplate fundraising alternatives (similar to what HPG is doing) which won't impact RBC's
overall budget.

Committee Updates - 10 minutes, Committee Representatives

Community Relations – Kate Sullivan: Kate stated the need for a chairmen head since she is unable to fill that role due to professional
commitments. Kate has been working with the Cambridgeport Association who has taken on the task of repairing the powder house roof. This will be
a large financial burden.

The Cambridgeport Association is also having a historical day slated for September 2nd that will focus on different historical homes, the RBC
boathouse and other significant Cambridgeport sites. This will include open houses and historical actors who will perform in character. Dick Garver
is active with this group and looking for participation.

Dick Garver is also working with the Regatta Committee and DCR to help manage the relationship between the two entities.

On Monday the 18th there will be a meeting with the Department of Transportation to discuss the future repairs of some of the upstream bridges.
Kate encourages RBC to participate in these conversations since construction is expected to last until 2014 and could affect rowing and future
regattas.

Charles River Association of Boaters(CRAB) is teaming up with the Charles River Watershed to determine a plan for dredging shallow areas of the
Charles River. This will be a difficult undertaking but one that has been a recognized as necessary. Dredging requires careful consideration as not to
create more of an ecological hazard.

Regatta Committee – Alex Caruthers: Alex thanked everyone for participating in the Cromwell Regatta this year. It was a huge success with 600
entries and a waiting list.There were a few issues but the mostly the regatta went off with few complaints.Sarah Potts has served her last year as
Regatta Chair finishing out her three-year commitment.

Building & Grounds – Mary O'Neill: Mary supplied previous to the meeting a detailed spreadsheet of proposed work. There has been a review of
the proposed solutions for the docks. The B&G Committee unanimously approved the use of pylons since it would provide a better long-term
solution although more costly. Just replacing the current dock configuration would cost between $80,000 and 100,000and pylons would cost
between $100,000 and $120,000 but would last much longer,be safer and have less wear and tear on the overall RBC building. The B&G
Committee is planning to look at other docks in the area and talk to the engineers before bringing a final proposal to the board. Fred Good inquired
about funding this project. He reminded the committee that docks are not part of the insurance settlement for the porch repair.The docks are not
insured. Evan stressed a need for a final proposal so we can start fundraising toward a goal.

The need for more bike rack space was brought up by Joel Skaliotis; the current usage is beyond capacity and difficult to use.

Social Committee - Amelia Booth, Caitlin Mance: No new updates this month

Development Committee – Igor Lasic and Lisa Kunze: The committee is still in the start-up stage.

Equipment Committee – Paige Divoll: The Equipment Committee sold nine sets of unclaimed oars during the regatta. The recently purchased
sweep oars are in use and the committee will sell the used men's oars after Canadian Henley. The Equipment Committee is looking into purchasing
a 4- at a future point. Vespoli will be here for a demo on Tuesday.

Technology Committee – Evan Bailey: Work on Fleetwatch is progressing and should be available within the next few weeks.

Membership Committee – Mike Farry: The summer membership is taking volunteering seriously.Sweep teams are "capped" or not adding to their
roster until after Canadian Henley. For the fall season there will be an opportunity for new team members to join the sweeps teams.

Budget - Fred Good:Fred stressed the need for a final estimate on the porch and the importance of getting this before August to ensure we have a
plan going into the winter and to maintain a good working relationship with RBC's insurance company. Igor B.asked for an accelerated effort on
getting the porch estimate. Currently RBC has incurred $47,000 of out of pocket expenses for the porch and it is necessary to have the estimates to
formulate a plan going forward.

Boys Junior Program – Katy Rudermann: Katy proposed a new program for boys that mirror the existing program for girls. They would use
Brookline High School Equipment, row off hours and discuss and work with RBC for any other equipment needs to ensure there is no conflict with
RBC members. This program is open to all juniors in the area. Kate Sullivan stressed the need to communicate the program to RBC members so
families are aware of the program. There was a discussion on how the program bills the junior athletes and in turn covers the program costs. The
program costs are estimated and billed upfront to cover the entire program and the two races the juniors attend. The Board in attendance approved
the new program unanimously.

Program Membership – Mary O'Neill, Jim Hanley: Mary and Jim identified a possible conflict with RBC bylaws in terms of program membership
and how programs have and currently are developed:

Article III 7. Program Membership. The purpose of this membership shall be for enabling individuals and groups to participate in competitive training
programs offered by the club. The terms of program membership, including privileges and fees shall be determined by the Board of Directors and by
two-thirds vote ofthose present at a meeting of members at which the board's recommendation is presented.

The bylaws require a 2/3-membership approval to create or change programs – RBC may have been in discord with the stated rules. Jim explained
that in the past, membership was smaller and most members attended town hall meetings once a month. The nature of the club has changed since
those bylaws were approved; RBC no longer has monthly town hall meetings and the club has more members. The bylaws should be reviewed to
see if they meet the needs of the club, as it exists now.

Evan Bailey suggested that we consider a trial period for new program changes, which does not require a membership vote, and then bring the
outcome of the trial to the quarterly general membership meetings for approval. Joel explained that working with a school calendar and family
schedules requires agility so quarterly planning could be difficult. Nik spoke to how the Simmons's relationship with RBC is contractual and there
might be flexibility from that vantage point.

Mike Farry, chair of the Membership Committee, will review this issue and bring a suggestion to the next Board meeting.

Riverside Boat Club Board Meeting, August 15th 2011

Board Members Present:Igor Belakovskiy (President), Mike Farry (Vice President), Fred Good (Treasurer), Sean Wolf(Captain), Marianna
McCormick (Secretary), Evan Bailey (Trustee),Amelia Booth, (Trustee), Igor Lasic (Trustee)
Not Present: All Present
Members/others Present: Joel Skaliotis, Mary O'Neill, Peter Morelli, Severine Imbert de Smirnoff, Liza Kunze, Jeff Schaffer, Caro Gray Bosca,
Katy Ruderman, Jerome Rogich, Carson Burrington, Eliza Van Lennep, Kate Sullivan

Igor B. called the meeting to order at 6:55pm
Committee Updates:

Community Relations Committee – Kate Sullivan
The Charles River Conservancy Cleanup Day took place on August 6th . Unfortunately many RBC members were at Canadian Henley. Some
members cleaned up ahead of time and others let people in during the day to use the bathrooms. RBC had the opportunity to connect with some of
the conservancy staff and volunteers over issues regarding security.

The conservancy is looking to do another cleanup day in November and will coordinate with the Building and Grounds committee to co-inside with a
work party. They have expressed an interest in helping us with the lawn.

Dick Garver is working on the History Day event with the Cambridgeport Neighborhood Association. Actors will portray historic characters which
could include a rower. Joel Skaliotis and the Junior teams have been helpful in the past with tables, ergs and boats.

Charles River Association of Boaters (CRAB) and the Charles River Watershed Association (CRWA) are looking at storm water runoff issues and a
dredging solution to address the runoff outfalls near Community Rowing and Cambridge Boat Club. A social event is planned for September 30th to
help raise money. The storm water runoff is recognized as a serious issue by several other entities and boating groups.

Development – Lisa Kunze, Igor Lasic

Development is still in the planning stages.

Social Committee – Eliza van Lennep

A cocktail party is planned for Saturday the 20th and will have an in-house band made up of RBC members. Another event is in the works for
September and will be a river-wide mixer. No date is announced yet.

Building and Grounds – Mary O'Neill

The lawnmower and weed whacker are getting serviced. The current boathouse wide maintenance systems are under review; there will be a
request formore volunteers and ownership of some of the discreet tasks at the next general membership meeting. Once a month cleaning parties
are no longer enough. Igor B encouraged a signup sheet earlier since RBC needs help now. Members also expressed that the lack of clean towels
is an ongoing issue.
Mary has looked into getting curbside recycling. The monthly cost will be in approximately $18 a month and less than $40 with special pickups. This
cost was budgeted for. She will be posting signs encouraging people to breakdown their water bottles.
B&G is open to new green initiatives and have already put some in place such as new light bulbs. B&G will put out a suggestion box for better
communication with the general membership.
It was suggested by Igor that a spreadsheet of available tasks be put together and given to the membership committee to assign to people as they
join RBC. Mary will put a proposal together to the board.

Equipment Committee – Pete Morelli
RBC made several planned equipment purchases in 2011 and will be selling older equipment as deliveries are made:

Took delivery of new set of (10) C2 sweep oars before the summer season.RBC's oldest set of sweep oars will be sold this fall.

Took delivery of a new 72.5kg Filippi 2x/2- (Name TBD) in the spring and sold the Hoyle 2x/2-.New 2x purchased prior to Filippi price
increase.

Anticipate delivery of an 80kg 2x/2- (equivalent to the Rosette 2x/-) and 80kg 4x/4- (equivalent to the Cook 4x/-) shortly after HOCR.Either
the Belden 2x/- or Perkins 2x/- will be sold to make room for the double, and a yet TBD 4x/- will also be sold.Purchasesmade prior to
Filippi price increase, saving over $1,000, and increasing resale value of outgoing boats.

Sean Wolf requested that the boat naming be more efficient,for example having one naming ceremony. There will be an off-line discussion on boat
names. Historically RBC has named boats based on significant contribution, historical importance and racing achievement. A discussion was raised
if a financial contribution would be considered significant service to the club. RBC should put together an archival record of retired boat names in a
plaque or as a photo series.

Membership – Mike Farry

The issue of Bylaws are to be addressed by the next board and general meeting.

Budget – Fred Good

July's Profit and Loss statement has a net ordinary income of -$1,075.07 The yearly equipment budget of $41,500 sits in a reserve account that can
spent in the current year or saved for future years.This year's purchases totaled $61,957.28. There is still a reserve of $9000 left in the account
due to savings from prior years. B&G is at $47,000 for the porch repair and RBC is out of pocket for $27,000. The Board has not received a quote
for the permanent fix as of yet. The quote for the permanent fix is necessary for a complete settlement from the insurance company. Igor B.,
reminded the board meeting attendees that without the final quote we are leaving money on the table and stalls future fundraising activities

The Cromwell Cup had record revenue of $17,300 this year, which exceeded the anticipated revenue of $13,000. This increase was due in part to
the date change, price increases and vendor participation.

Summer Junior program had revenues of $61,000 versus the anticipated revenue of $14,000 but revenue was mostly absorbed by program cost
fees (deliberately included to administer a simpler all-inclusive fee to participants that included coaching, regatta travel/lodging/food/entry fees, and
equipment) and costs and credit card processing fees.

Worlds Under 23 fundraising efforts raised $9261 from a goal of $9000; programs outside of RBC provided $3000 of that total. Coaching received
$2922 of that distribution and the rowers received $1202. Additionally $939 was added to the HPG fund, which stands at $27,500. Igor B.,
encouraged each board member and president council member to donate.

Juniors' Program – Igor B., Joel Skaliotis

Several members inquired the benefit to RBC if there is little profit made on the program. With the increase in numbers there is a noticed wear and
tear on the boathouse, parking issues, dock and boat access stress. Both board members and several attendees felt that the Junior program
shouldn't be expected togenerate a large profit. Both the board and general members agreed to have a postmortem on the Summer Juniors'
Program in September to continue the conversation with more information. The postmortem is to better understand the overall benefits, uses on
resources, logistics and costs.

Sean Wolf communicated frustration he has heard from other coaches and members that the program is taking a toll and that the numbers of Junior
members grows from year to year and this is becoming unruly. He asked for a cap to help him anticipate equipment needs and to be more
predicable to the other members and programs that share space and resources.

The Juniors' program has a fee structure that is different from other programs. They are charged up front in anticipation of travel, boat rental and
other expenses. The Juniors use equipment that they rent from Brookline HS and the RBC Club boats.RBC will also on occasion use the
Brookline HS equipment when it is needed. The budget is setup in such a manner that it will not cost RBC if there are any overages.

The contracts on Brookline and Simmons are up soon and will need to be reassessed.

The fall program is budgeted for 18 girls and 15 boys but Joel anticipates those numbers to be larger. Sean asked for the Juniors program to be
held to the budgeted numbers as a cap. Joel stressed that he needs to be able to get two eights out or the program wouldn't be worth running and
needed a program of 40 rowers. Anything less wouldn't be worth running. Igor B., assured the board and attendees that RBC will find a sustainable
number and if it is too large RBC will scale the number back.

Mary O'Neill brought up the issue from last month in regards to membership and how to incorporate the Junior program into the existing RBC
membership descriptions. Her suggestion is to have the Junior program use the Junior member designation with a surcharge added to compensate
for the anticipated program costs up front. RBC would be complying with their bylaws and not creating an opportunity for liability or conflict.

It was suggested that we put new programs into the bylaws correctly and that the issue of the bylaws be addressed. It was noted that Canadian
Henley pushed the monthly board meeting to mid-month. It will be difficult to bring the necessary parties together before the next General
Membership meeting. Igor suggested we consider moving the General meeting to formulate a better plan before bringing this meeting to the general
membership.

The board unanimously voted in favor of including the fall Junior program as Junior members.

U23/HPG Update – Igor B.

RBC went from not having a coach in November to having two entries in the U23, funding the coach to attend the event and 40% of the rower's
costs covered is a significant achievement. RBC is anticipating other fundraising needs due to ongoing achievements of RBC athletes.

Porch Update – Mary O'Neil, Igor B.

B&G submitted drawings for three porch options. Each option has different footprints with consideration of security and better storage of oars. B&G
recommends option 1 since it gives a slightly bigger footprint and better flow and oar storage. The plans include the emergency stairs from the
second floor.
Igor B. adjourned the meeting at 8:25pm

Riverside Boat Club Board Meeting, September 12th, 2011

Board Members Present:Igor Belakovskiy (President), Mike Farry (Vice President), Fred Good (Treasurer), Sean Wolf(Captain), Marianna
McCormick (Secretary), Evan Bailey (Trustee)

Not Present: Amelia Booth, (Trustee), Igor Lasic (Trustee)

Members/others Present: Joel Skaliotis, Kit Casey, Chris Dyke, Peter Morelli, Severine Imbert de Smirnoff,Preston Puleo, Judith Vogel, Katy
Ruderman, Kate Sullivan, Ed Ballo

Igor B. called the meeting to order at 6:30 pm

Minutes for August were unanimously approved.

Budget – Fred Good

RBC normally has 45 new members at this time of year but currently is only at 29. Fall Juniors budgeted numbers are up.

We take delivery on the new boats for the Head of the Charles.The boats are paid for in advance.

RBC needs a proposal from B&G on the permanent porch repair.The insurance company has been requesting an update.RBC has a deficit of
$28,935 on the temporary repair and will need to tap into its line of credit, endowment or find another solution by the end of next month to cover its
expenses. Concern was expressed about not responding to the insurance company's request for information for 5 months.

Igor B. is working with Cindy Larson and Fred Cowen to ensure that RBC will have the permanent porch repair proposal before the next board
meeting. It was stressed that there must be a differentiation between what is a repair and what is an improvement in the proposal to the insurance
company so that we accurately describe just the damages.

Funds Raised for the U23 Competitors and Coaching – Igor B.

There was a request to release the raised funds to the competitors and coach.The competitors will come close to having their costs covered
between RBC's contribution and the competitors separate outside fundraising.A $500 retainer was raised for HPG but it was suggested to wait
and see if the outside fundraising would cover all costs and the retainer be kept for future use.

Membership Directory – Marianna McCormick

The board unanimously approved a proposal put forth by Marianna McCormick and Todd Milne to use an application called Big Tent to create a
private online directory of members.

Charles River Dredging – Kate Sullivan

Charles River Watershed Association is evaluating what the costs, benefits and issues are with dredging the Charles River, with a focus on
addressing the sandbar near CRI. Multiple boat clubs and concerned organizations are contributing between $2000 and $1000 each. RBC would
like to contribute but has to assess what the impact of the porch repairs will financially affect the club. Once the impact is determined RBC would
like to contribute funds from its operating budget. RBC recognizes the importance of this issue and how it would positively impact boating and
enjoyment of the Charles River and would like to participate.

On September 30, 2011 there will be a fundraising gala for the Charles River Watershed Association, Kate encouraged members who would be
able to afford the $250 ticket price to attend.

Kate suggested a "fantasy rowing" fundraiser, which was encouraged but was recommended that the funds raised targeted to some of RBCs other
fundraising efforts.

Cambridgeport History Day – Igor B.

Dick Garver asked if RBC could contribute$250 for Cambridgeport History Day. RBC has contributed in the past. The Board unanimously voted to
contribute again.

Igor B. concluded the meeting at 7:03

Addendum

New Senior Members: Neil Harrigan, Joan Buck, Severine Imbert de Smirnoff
New Provisional Members: Thomas Friel, Lucas Goodman, Lyssa Bayne, Alina von Korff, Christina Peltier, Ali Tercek, Joe Hanna, Will Marshall,
August Cole, Robert Livingston, Nate Pelsma, Jerome Rogich, Preston Puleo, Paul Fisher, Kyle Vernest, Corey Adams

Riverside Boat Club Board Meeting, October 3rd, 2011

Board Members Present:Igor Belakovskiy (President - phone), Mike Farry (Vice President), Sean Wolf (Captain), Marianna McCormick (Secretary), Evan
Bailey (Trustee), Amelia Booth (Trustee), Igor Lasic (Trustee)

Not Present: Fred Good (Treasurer)

Members/others Present: Joel Skaliotis, Peter Morelli, Severine Imbert de Smirnoff, Lisa Kunze, Caro-Gray Bosca, Mary O'Neill, Tom Keister, Richard
Garver, Eliza van Lennep

Igor B. called the meeting to order at 7:18 pm

All in attendance approved the minutes for the September meeting with an amendment to add the names of new and senior members.

President Council Update – no update

Treasurer's Update The Board is waiting on the proposal for the permanent porch to submit to the insurance company. The proposal should be written
clearly and address the issues the insurance company is interested in. Igor B. is expecting to get the final plan in a week and a half.

World Fundraising Update – Igor B. RBC will hold another raffle after the third Fall Head Racing Series (Head of the Kevin). Those who already
contributed will automatically be entered into the raffle.RBC needs to consider multiple fundraising for multiple crews.

Scheduling for a review of the RBC Junior's Program – Igor B. A review of the Junior's program will be held on Saturday, October 8 at 9:00am.

Permanent Porch Update – Igor B. RBC anticipates an estimate on the permanent porch soon. A proposal should be ready for the insurance company
before the Head of the Charles (HOCR). Igor B. has been monitoring the progress and will help move the efforts along.

HOCR operations – Mike Farry. Sean Wolf has been in contact with HOCR officials about insurance, umpires, launches and what we are lending out.
RBC's sister club Potomac is launching out of RBC, but they are competing early and bringing their own slings. Igor B. and Fred Good are putting together
a waiver for launching.

Sean, Ernest Cook and HOCR officials want to make sure that boats launching from RBC launch when it is safe and will run the risk of penalties if they
launch at an inappropriate time. Mike Farry and Sean will work on the guest list. Joel Skaliotis assured the board that they would only have spectators on
Sunday, parents are not allowed on the docks and he can provide last name of rowers. Members will get priority with equipment and ergs.

Carey Connell organized and managed the food stand in the past and it generated a profit. The Board and attendees discussed inviting Starbucks or one
of the other local vendors to run it.RBC will look into the value of someone within the club to organize and run the food stand

RBC will scale down how many boats are rented out during HOCR due to concerns of security and damage to the fleet.

Committee Updates:

Community Relations – Evan Bailey. The Charles River Watershed Association (CRWA) fundraising dinner went well and was represented with some
rowers. CRWA also won an award for river improvement efforts and will receive funds for future projects.

History day with the Cambridgeport Neighborhood Association was not well attended due to rain. RBC had an actor who attracted some visitors to hear
the story about RBC and have a tour of the facilities.

The Fantasy Rowing Fundraiser will take place on Sunday, October 15. Beer and Pizza will be provided and the fee to participate will be $25. The rules will
be forthcoming.

Equipment - Peter Morelli – The equipment committee has prepared the Belden, the Vandershoot and a few engines for sale.

Social Committee – Eliza van Lennep. The croquet tournament was well attended and considered a success. There were three courts of play. Will Allen
and his sister were the winners.

The Head of the Charles party is scheduled for October 23, at Ned Devines. There will be another party trolley and the details will be worked out soon.
The cost for entry to the party is $10. Concern was raised about raising the entry fee, but since the fee has not been raised in years it was raised to $10 to
make it easy on the volunteers working the door.

HPG is thinking about holding a pasta dinner as a fundraising event but concerns were raised over logistical issues, too many small fundraising events
and timing.

A Halloween party is scheduled for October 29, at 7pm. An email to the general membership will soon follow.

The Holiday party is tentatively schedule for December 10th.

Building and Grounds – Mary O'Neil. B&G is working on getting more towels and bins. The lawn mower is broken again and was on loan. There will be
a need in the future to discuss other alternatives

Sean Wolf has seen an increase in water bottle trash. It was acknowledged that there needs to be better enforcement of water bottles use and disposal.
RBC also needs more hooks installed for the towels.

Joel Skaliotis is excited Brookline will get a footlocker to secure cox boxes and lights which have gone missing in the past.

Mary expressed frustration with the progress of getting the estimate for the porch plans. There has been difficulty scheduling meetings. Mary requests a
special meeting with the Board to address issues and to expedite the process. The Board agreed to hold a special meeting to move the process along if
necessary.

There was concern expressed that the new windows are showing signs of deterioration. Mary explained there is a special way to open them and that the
cleaning crew should be instructed how to do that.

A closed-door Executive meeting was held to discuss Development.

8:37pm meeting ended

Riverside Boat Club Board Meeting, Novemberer 12th, 2011

Board Members Present:Igor Belakovskiy (President), Mike Farry (Vice President), Fred Good (Treasurer), Sean Wolf(Captain), Marianna
McCormick (Secretary), Evan Bailey (Trustee), Amelia Booth, (Trustee), Igor Lasic (Trustee)

Not Present:

Members/others Present: Joel Skaliotis, Kit Casey, Chris Dyke, Peter Morelli, Severine Imbert de Smirnoff,Judith Vogel, Katy Ruderman, Ed
Ballo, Tim Villabona, Martha Strom, Jeff Doherty, Valerie Brinker, Todd Milne, Dick Graver, Neil Harrigan, James Brennan, Andrew Neils, Caro-
Gray Bosca, Evan Lebusetta, Eliza van Lennap, Thomas Keister, Igor Lasic

Igor B. called the meeting to order at 5:37pm

Marianna McCormick called for a motion to approve the previous meeting minutes. It was moved, seconded and voted to approve the minutes of
the 10/3/11 Board meeting.

Membership Committee – Mike Farry.

There is an uptick in membership. RBC lost forty-five members but forty-one have joined.

Social Committee – Eliza van Lennep

The social committee raised the price of tickets of the Head of the Charles After Party from$5.00 to $10.00 resulting in a doubling of revenue.
This year the social committee collected $7,000. The party trolley was full.

The Christmas party is scheduled for December 10, and will be starting at 6:30pm with children activities including cookie decorating and the visit
of Santa Claus. The adult party will be starting at 8:00pm.

IT Committee – Tim Vilabona

The Fleetwatch system has experienced a hardware failure. This will necessitate that the newer version of Fleetwatch be installed sooner, but
until the system is ready, rowers will have to use the paper log system. Tim described a filing sharing system for music that will be implemented,
but a concern was expressed whether that would be legal. Tim assured RBC that it was legal since there was no download feature to the
proposed systems.

Treasurers Update – Fred Good

RBC is over budget for equipment since this is the first year in a long time that RBC had a fulltime rigger. Because equipment issues are being
addressed, the cost of repair materials adds to the overall budget. These expenses will lead over time to better-maintained equipment. This upturn
in expenses brings the cost of boat maintenance where it was a couple of years ago; not having a full-time rigger lead to savings in previous
years.

Equipment Committee –Peter Morelli

RBC sold the Belden 2x/-, the Vandershoot 4x/- and a set of sweeps oars. There is a new 80kg 4x/- in house.

Building and Grounds – Caro-Gray Bosca

The B&G committee presented two different cost estimates to repair the porch to the Board. The first estimate was sent to the insurance
company. A second estimate was drafted later and showed a total cost down by about a third. A third estimate is expected soon with more
adjustments. The next goal will be scheduling the repairs.

The first estimate included replacing the current porch and adding improvements. The second one was to replace the porch. Another contractor is
being reviewed for the third estimate. Fred needs an estimate that he can defend. Cindy Larson with Fred Cowen are looking to put out another
bid. Igor, Fred and Cindy agree to meet Saturday morning to discuss the estimates and plan further. Fred stressed the urgency to get the
estimates to the insurance company. Cindy reminded the board of the importance of getting this right or that the process will have to be restarted.

By-laws – Mike Farry

Vacation, work and fall racing season delayed work on the by-laws but the Membership Committee still made headway on drafting bylaws
revisions. One more meeting is expected to finalize a draft to go out to the general membership. It has a provision to include youth programs and
would be mapped more accurately to how RBC functions today. Katie Holzem is looking to revise the language to make it less colloquial. Mike
was reminded to include time for review and to make sure issues such as organizational board representation, 5013c stewardship and fraud
protection be included. With the change in technology it was encouraged that absentee voting be considered.

Donation – Fred Good

A $25,000 donation was received from the Robert B. Cutler estate. RBC will find an appropriate way to recognize and remember Robert Cutler
through an event or award.

Development – Igor L.

The new survey is very late. Mike Farry will take it over. To expedite the development process RBC would like to hire a project manager and has
advertised the position on Row2K and the RBC list serve.The Development Committee identified Lynn Osborn as a candidate. The Project
Manager role is budgeted for. There is an expressed need to review the contract for goals and deliverables before officially offering the job to a
candidate. The Project Manager role will engage members, manage the survey, have plans created to take to potential fundraisers and start the
planning and development campaign for the boathouse renovations.

Juniors Program – Igor B.

Overall the membership feedback is positive on the Junior’s program. The pressing issue last summer was boat scheduling. RBC will address the
communications issues in planning for the next summer season. Most of the conflict came from Junior’s practice times and women’s sweep team
practice times overlapping. The coaches met and came up with a workable solution. It was decided that the Juniors arrive and leave a little earlier.

A concern was raised that Juniors have access to RBC equipment, but members can’t use the Brookline equipment that RBC rents. Igor B.
compared the situation to the women’s sweep team renting equipment from Simmons College, which is not available to the general membership.
Joel reminded the board that he has in the past and is willing in the future to lend out Brookline equipment when there is a request. A breakdown
of the dues structure described to the general membership will help the community understand how Juniors program cost structure operates.

Sean Wolf is working with the coaches to better address equipment needs. There will be times equipment goes down and that can put undue
stress on all, and the members should be aware of it.

Sean suggested looking at a captain’s test for Juniors and requiring coaching supervision. Joel assured the Board and members that as coaches
they take supervision seriously and the plan is to use team boats and not doubles or singles.

Members expressed frustration that there is an overlap during the summer time with adult members and junior members. Igor B. said with better
planning and communication that this should be mitigated. Bringing the coaches together to discuss the issues without the athletes allowed for the
group to come to a common agreement on how to use the resources we have to the benefit of all programs.

Meeting was adjourned at 6:37pm.

Riverside Boat Club Board Meeting, December 6th, 2011

Board Members Present: Igor Belakovskiy (President), Mike Farry (Vice President), Chris Dyke (Treasurer), Marianna McCormick (Secretary),
Evan Bailey (Trustee), Amelia Booth, (Trustee)

Not Present: Sean Wolf (Captain), Igor Lasic (Trustee)

Members/others Present: Kit Casey, Peter Morelli, Severine Imbert de Smirnoff, Katy Ruderman, Ed Ballo, Martha Strom, Todd Milne, Dick
Garver, Eliza van Lennep, Thomas Keister, Paige Divoll, Kevin McDonnell, Joan Buck, Linda Gavin, Lisa Kunze, Jeffrey Schafer, Sarah
Schwegman, Lynn Osborn, Mary O'Neill
Igor B. called the meeting to order at 7:29 pm

Yearly Committee Updates

Membership Committee – Mike Farry
In 2011, RBC acquired 41 new provisional members. The team breakdowns are: 25 Men's Sweep, 11 Women's Sweep, 3 Women's HPG, and 2
remained unaffiliated. Eight provisional members became senior members. For the summer programs there was the addition of 14 men and 16
women. Two summer members transitioned to provisional.

During the course of the year, Siobhan Steyn and Kate Sullivan stepped down while Caitlin Mance, Stefanie Sydlik, Sarah Schwegman, and
Andrew Neils joined. The committee chair worked to ensure that all programs (including members unaffiliated with teams) are represented.

The goals 2012 include a tighter connection with the provisional members to route them to committees who need help. The Membership
Committee will provide contact information for the Committee Heads when an interest or skill set is identified. To make RBC less intimidating, the
Membership Committee will encourage committee involvement and post a group picture to help old and new members to get to know one
another sooner.

The Bylaws Committee, with the help of Severine Imbert de Smirnoff, has been working on drafting language for bylaws to better reflect the
needs of the membership.

Social Committee – Eliza van Lennep
The holiday party is planned for this upcoming Saturday. The Social committee hosted a BBQ, a cocktail party with live music and a croquet
tournament. The Head of Charles party at Ned Devine's was a continued success and raised $7700. There were no complaints about the
increased door fee and although the trolley didn't incur a cost, it didn't generate a significant profit. It was successful in that people had fun.

Regatta Committee – Eliza van Lennep
The Regatta Committee is looking to work with the DCR for a solid date for the Cromwell Cup. There is a significant difference between having
the event in June with a projected revenue of $8,000 than July with projected revenue of $18,000. Due to conflicts with other national events,
RBC cannot include Juniors and younger rowers if the regatta is held earlier in the summer. This affects a large number of student athletes
regionally and locally. The DCR's concern is pool access and RBC respects this concern; RBC needs to communicate the regatta's benefits
beyond a revenue-generating event. The regatta is important to RBC and the local community in that it provides access to the Charles River,
brings business to the area and serves the greater rowing community. RBC should consider approaching the local neighborhood organizations
for support. The event is tentatively scheduled for July 7th but will be reviewed against other competing events, permitting and holiday plans. It
was stressed this event date be determined and published as soon as possible to allow for people to plan their summer activities.

Cromwell Cup does need more volunteers to participate and the Regatta Committee requests help in recruiting new and current members to
participate. The lack of volunteer support made executing the event trying and participation from all members should be strongly encouraged.

Equipment – Peter Morelli
RBC obtained several new boats this year including: 80kg 4/x/-, 80kg 2x/-, 70kg 2x/-. A new Stillwater launch was purchased along with another
engine. Equipment also was sold based on usage and popularity. The boats sold include: 2003 Vandershoot 80kg 4x/-, Hoyle 70kg 2x/-, Belden
80kg 2x/-.

RBC anticipates less turn over in boats due to the dedicated rigger to address issues and guide maintenance. The decision to purchase a
Resolute eight was made in part by its expected RBC usefulness of 10 to 20 years.

The equipment reserves were tapped into this year for equipment expenditures since RBC was due to upgrade the fleet. Using the reserves was
expected because the fund was created for to purchase equipment with a level of flexibility that would not impact RBC's overall budget at one
time.

There will be another survey to identify, which RBC boats are popular and which are not used to their capacity. A proposal was presented to sell
the Alden since it is rarely used and free up more space for better use. The proposal was accepted unanimously.

A supporting member has proposed donating a quad that would function as any other club boat with some caveats. The proposed boat would be
available for practices to the supporting membership and for the Head of the Charles. No other boat would be cycled out. The Board voted and
unanimously approved investigation this offer.

Building and Grounds – Mary O'Neill
The porch and dock situation is still unresolved. There are still other outstanding issues with the boathouse that require attention and money.
Those issues include structural concerns in the team room as demonstrated by cracks in the wall and the settling that affects the lock in the
women's locker room.

Fred Cowen (engineer) has been working on an overall assessments; he has a historical appreciation and understanding of the boathouse.

Energy efficient fans have been installed and are designed to run continuously to obtain the best heat efficiency, avoid ice damming and to save
money. The membership should be informed that the fans should not be turned off since it is inefficient, costly and risks damage during the winter
months.

Traffic patterns should reflect how the paths out front are used. Due to increase usage of outdoor space, the grass is worn and a permanent
solution should be devised to address this. The lawnmower is working again and other alternatives are being investigated if the mower breaks
permanently.

A Recycling team has been created and is working towards better recycling management.

RBC should consider upgrades to the fire safety system. It's an antiquated system and something to consider if we are to ever allow outside
rentals of RBC. The back stairs should also be considered in the porch plans.

Linda Gavin informed the committee chair of the Boston Building Materials Coop. Mary was aware of the organization and its discounts for non-
profits.

History Committee – Richard Garver
The History Committee is looking for production help in creating a new version of the Riverside History book. New information was discovered
including old minutes and race results and should be incorporated into the history. Current information and race results at events such as
Canadian Henley should be collected.

President's Committee – Peter Morelli
Rob White created the President's Committee in 2006. The Board votes in a committee member to a three-year term. The committee is the
sounding board to the President. If the President's Committee runs well it functions in the background of the daily boathouse activities. In 2012
the President's Committee will be involved in such activities as: bylaw revisions, dues analysis, and development efforts. The President's
Committee will solicit help for a replacement when Chris Daly's term is up. The current committee consists of Sarah White, Chris Daly and Peter
Morelli

Community Relations – Marianna McCormick for Kate Sullivan
Eastie Elves event is Friday December 9th. It's a fun event to help collect toys for children and is sponsored by Senator Petrucelli. State
Representative, Michael Moran is holding another toy event at Nichols Bar in Watertown MA December 20th with AFL-CIO President Steve
Tolman.

This was the third year RBC participated in the Cambridgeport History Day with representation at Dana Park and an actor presentation and tour
at the boathouse.

Note should be given to Cindy Larson for organizing and participating in tree pruning and other efforts with the Charles River Conservancy.

Porch Update – Igor B.
RBC submitted a claim to the insurance agency. After sending the proposal, the next step is a meeting with the insurance company. Fred Good
will help facilitate the first meeting and Chris Dyke will oversee the communication with the insurance company thereafter.

Plans will be drawn after learning what the insurance company will cover. Keeping in mind that insurance will only cover damage, but it's
important to know what that is covered before looking toward upgrading the facilities beyond the initial damage.

Boathouse usage will be considered in the plans. RBC cannot wait too long, but will consider peak usage and do whatever is possible to cause
as little disruption as possible. The porch and dock project most likely will happen in phases and will not to rush draft plans without having all the
information first. RBC will consider the best long-term solution and not make a decision based solely on price.

Goals – Marianna McCormick for Igor Lasic
The board would like the teams and committees create a list of achievable goals. This is to help committees and teams identify gaps and issues
where the board can help recruit the right skills and find the necessary resources.

Finance update – Chris Dyke
Chris would like to thank Fred Good for the service and help over the last few weeks. Fred will be helping out the next month or so to aid the
transition.

RBC has a profit of $950 but this doesn't take into account the porch. Money was put in from the endowment. The insurance will cover the
temporary fix but not upgrades to the permanent structure. The B&G reserve fund is depleted because of the incurred porch costs and the new
windows and painting.

Development Coordinator – Igor B
RBC welcomes Lynn Osborn as the Development Coordinator. Lynn was chosen after soliciting resumes and being interviewed by the
Development Committee. RBC is excited to have Lynn in the position and thanks should be given to Dick Garver, Lisa Kunze and Igor Lasic for
moving the process along.

Lynn spoke to this year's earlier survey that expressed the membership's concern about facilities. As the Development Coordinator, Lynn looks
forward to working with the membership on a programmatic vision and initiation of fundraising and facilities plans. This plan will consider the
needs of RBC, the surrounding community such as: Simmons College Brookline High School and City of Cambridge. Lynn asked for marketing
help and Marianna offered assistance and will coordinate with the membership if there are other interested volunteers. A town hall meeting is
tentatively scheduled for January 17th.

Community Relations Chair – Igor B.
RBC will need to solicit a volunteer from the club to take over Kate Sullivan's role as Community Relations Chair. It's an important role and will
require the right person. If anyone is aware of someone, or is interested in the role they should step forward. The board will send out a separate
request to the community.

Closed door meeting on end of the year awards.