1. ROLL CALL AND INTRODUCTION OF GUESTS. All members of the
Executive Committee were present except Messrs. Chamberlain and White.
By prior arrangement, Mr. Schoettle joined the meeting shortly after
2100. Also present were Executive Director Terry Harper and, at the
invitation of the President, Board member Bruce Eissner (National
Offshore Council). Board member Richard Goodman (One-Design Class
Council) was invited but unable to attend.
2. APPROVAL OF MINUTES. The minutes of the July 26, 1999 meeting
of the Executive Committee were approved as distributed before the
3. PRESIDENT'S REMARKS. Mr. Muldoon announced that agenda item 6c
will be discussed in executive session.
4. Treasurer's Report. Treasurer Lane discussed the financial
statements for the nine-month period ended July 31, 1999, which were
distributed to the Executive Committee by mail the week before the
5. Executive Director's Report. The Executive Directors report
was distributed before the meeting.
5a. Membership Report - Mr. Harper reviewed the statistical
information distributed to the Executive Committee before the meeting
and discussed in his report. Membership renewals are ahead of last year.
New member acquisitions are slightly behind last year even though adult
acquisitions are significantly ahead.
5b. SolomonSmithBarney Stock Account The Executive Committee
authorized the President and the Secretary to sell the stock in the
SolomonSmithBarney account. Mr. Harper or, in his absence, Jonathan
Harley were named as the authorized signatories on the account.
5c. Pricing Issues Mr. Harper will present recommended
pricing changes for Offshore, Training, Keelboat and Race Administration
products for consideration at the September 14 Executive Committee
5d. UPS Sponsorship Mr. Harper announced that UPS has agreed
to sponsor the 1999 Adams and Mallory championships.
6. Unfinished Business
6a. Website Update Mr. Schoettle reviewed some ideas for
commercial use of the website that were considered by the website
working party during an August 10 conference call, the minutes of which
were distributed before the meeting.
6b. USOC Compliance Update Mr. Everingham reported on the
letter dated July 30, 1999 from Stephen Sobel of the USOC Membership and
Credentials Committee, and Mr. Haenel reported on his discussions with
athlete representatives on compliance issues.
7. New Business
7a. International Race Officials Applications The
Executive Committee, on recommendation of the Judges Committee, approved
the application of Kirk Brown for certification as an International
Umpire and, on recommendation of the Race Management Committee, approved
the application of Mark G. Murphy for certification as an International
The Executive Committee accepted the Judges Committees
recommendations not to approve three applications for certification as
7b. Business Plan for Passage Making The Executive
Committee approved the business plan that Mr. Colgate (Training
Committee Chair) and Rich Jepsen (Commercial Sailing Committee Chair)
distributed before the meeting.
7c. Financial Procedures under the Bylaws Mr. Lane suggested
that the Board of Directors be required to approve or reject the Budget
Committees proposed budget as a whole, rather than make line item
changes. The President asked Ms. Baxter to organize a working party to
prepare a plan to implement this proposal and present the plan at the
September 14 Executive Committee meeting.
7d. Request from Federazione Italiana Vela (FIV) Mr. Cook
presented a request from the FIV for permission to translate the US
SAILING Appeals into Italian for distribution by the FIV under a
royalty-free, one-year license subject to the conditions outlined in the
August 14, 1999 memorandum from the Appeals Committee to the Executive
Committee. The Executive Committee approved granting the license to the
FIV on the conditions outlined in the August 14 memorandum.
7e. IMS Submissions The Secretary will distribute to
the Executive Committee two IMS submissions that Mr. Osmond described at
the meeting. The Executive Committee adopted a motion to consider
the submissions approved by the Executive Committee unless objections
are received by the end of the day on Friday, August 20 (assuming
distribution of the submissions on August 17).
The meeting adjourned at 2134 (Eastern Time). The next meeting will be
by telephone conference call at 2000 (Eastern Time) on Tuesday, September
J. Theodore Everingham, Secretary