1. The meeting was called to order at 3 pm.
2. After receiving the consent of the bidders in attendance, the Committee met in Open Session and reviewed the insurance proposals from ACE-INA, Gowrie, Barden & Brett, Myers-Briggs and Starkweather & Shepley

   At 4:30 pm Messrs. McCarthy, McCarthy, Prime, Keefe and the audience excused themselves, and the Committee continued to meet in the Executive Session. A motion was passed in support of the Gowrie, Barden & Brett proposal. (See Action Item)

   The Committee then resumed its meeting in open session.

3. CSA representative, Don Kern, presented a recommendation to streamline sailing organization dues levels and to establish a minimum dues level for organizations of $100 per calendar year. A motion was passed to adopt the new organizational dues structure. (See Action Item)
4. Glenn McCarthy reported that website hits for both the Membership and Merchandise pages of the website had declined versus last year.
5. Nel Roberts reported that individual membership numbers were improving slightly while organizational membership numbers were well ahead of projections for FY 2002.
6. Hugh Elliott reported on the results of the Communications Committee. The General Services Committee voted to endorse the newsletter budget as revised by the Communications Committee. Sally Helme abstained.
7. A motion was passed to change the final function of the Terms of Reference as follows: "To oversee the Association’s communications and public relations."
8. The Committee discussed the letter from Premiere Racing, Inc. concerning regatta insurance and was informed that the matter had been addressed by the Executive Committee. Gene McCarthy emphasized that the staff should refrain from appearing to conduct insurance business.
9. The meeting adjourned at 5:40 pm.

Respectfully submitted,

Don Durant, Chairman