6a. Site Selection for PanAm Games (2007) - Consideration of this question was
deferred. The matter was referred to an ad hoc subcommittee consisting of Messrs.
Hobbs and Haenel.
6b. Club Insurance Program - Mr. Cook reported that the ad hoc
subcommittee appointed in December had received all of the information that it had request
and found it to be satisfactory. The Executive Committee approved the program subject to
receiving a signed copy of the December 28, 1998 letter to Terry Harper from Carter
Gowrie confirming that Chubb will insure all clubs currently in the club insurance program
at premiums no greater that the current premiums.
6c. US SAILING Website - Mr. Schoettle reported that bids had been received from
12 prospective website developers and five prospective Internet service providers (ISPs)
in response to US SAILINGs requests for proposals. Mr. Schoettle, Ms. Baxter and Mr.
Lane were appointed as an ad hoc subcommittee to select the website developer.
6d. US SAILING Championships - Mr. Rosekrans reviewed the written report that he
had distributed to the Executive Committee before the meeting and responded to questions.
The Executive Committee deferred acting on the Deed of Gift of The Royal Victoria Yacht
Club Trophy to the US SAILING Mallory Cup Committee. Mr. Rosekrans will bring a proposal
on the subject to the Executive Committee in March.
6e. USOC Compliance Update Mr. Everingham reported that USOC Membership
and Credentials Committee has accepted the US SAILING plan for compliance that was
presented to the committee in December.
6f. Financial Managers Contract The Executive Committee approved the
unbudgeted expenditure of $15,000 for the continued services of the contract financial
consultants through the remainder of fiscal 1999. (The cost is $2,000 per month, or
$24,000 per year, of which $9,000 previously was approved to cover November 1998 through
January 1999, inclusive.)