Hey Dammit,
Here is the same letter we put together for '09 regarding the financial side
of this program. Please read it over & email & hard copy your approval. If
not I will be disappointed, but, know I should have sent you this prior to
cashing your check. If not OK I will reimburse.
Aloha
Here is the same letter we put together for '09 regarding the financial side
of this program. Please read it over & email & hard copy your approval. If
not I will be disappointed, but, know I should have sent you this prior to
cashing your check. If not OK I will reimburse.
Aloha
1/7/11
Gib,
Aw shucks, I can't back out now. I penciled in the dates in my daily calendar.
I attached a signed pdf and the hard copy goes in the mail today.
There is an old saying among many about things that cannot be recovered. One of those is an occasion... after it is missed.
I am still in the game and very much look forward to this new venture.
dammitDave
THANK YOU Dammit. And thanks for saying venture instead of adventure. Adventures scare me.
aloha,
gib
aloha,
gib
Jan.o6,2o11
Shared Expense Agreement
Dave,
The Transpac is a great race but an expensive one, even after the boat is bought and paid for. That is why I ask each crew-member to contribute towards the cost of participating in the race. It is important for everyone to know we are in this together. The money you are contributing towards this race goes for many things over a long period of time. I have already begun to work and order stuff, even though the race is nearly seven months away. I will have repairs made following the race too - hopefully, not too many and not too major. The costs are spread over 1-11/2 years.
The money goes for and in all directions:
- Run rigging
- Standing rigging
- Engine
- Electrical
- Electronics
- Weather/Router
- Routing hardware & software
- Deck gear
- Hardware
- Bottom job
- Sails
- Delivery Fees
- Entrance Fees
- Uniforms
- Safety equipment
- Provisions
- Water System
The list actually goes on and on but you get the picture.
To boot, on the ’05 Transpac I was obligated to a full crew to be on the starting line or refund everyone’s money when we were dis-masted. This was potentially a double whammy in that I was faced with buying a new mast whether it arrived on time or not. If it did not, then I had to refund everyone’s contributions. That was a very heavy burden I do not want to carry alone again. A couple of years ago I had to buy a new engine just days prior to our start.
For the race, we are in this together once the delivery skipper leaves the dock in Hawaii for California with Chasch Mer. This is to say everything leading up to this point is my responsibility, so you get your money back if I don’t get the boat out of Hawaii on time. However, if there is an unforeseen catastrophe and SC 50 #1 does not get to California or is damaged on the way to our start, then there are no refunds. I will have spent the money on all the stuff above.
Now, the other side of the coin. You are part of a team. You were selected because of your talent and how you fit in the team, as well as your ability to contribute financially. If you bow out for any reason, I will do my best to find a replacement crew member (talent to match yours and able to repay you financially.) If I cannot find a person to take your place financially, then I will need to take someone with equal sailing talent and you will lose your $. For the ’05 race a guy dropped out 3 days prior to the start. I found a good sailor to take his place, unfortunately a poor good sailor. For the ’07 race 2 guys had job problems months before our start and we found good replacements so everyone was happy. Also, your shore costs are yours (flights, hotel, parties,,,) over and above the shared cost.
I sincerely hope you agree with the above and we can sail the ’11 Transpac together.
Aloha,
Gib
1/12/11
STREAMLINING THE STARTS, GREENING THE OUTBOARDS
Once upon a time, all Transpac classes started on July 4. Later, in an attempt to get all the boats to Honolulu together, or almost, there were four starts. That didn't work, so Transpac YC is trying something simpler.
Transpac 2011 will have two starts, July 4 and July 8. The breakdown will be announced on June 4, the deadline for filing an entry.
1/12/11
STREAMLINING THE STARTS, GREENING THE OUTBOARDS
Once upon a time, all Transpac classes started on July 4. Later, in an attempt to get all the boats to Honolulu together, or almost, there were four starts. That didn't work, so Transpac YC is trying something simpler.
Transpac 2011 will have two starts, July 4 and July 8. The breakdown will be announced on June 4, the deadline for filing an entry.
1/16/11
Heh Dave,
What's the status vis-a-vie me getting on the boat? I figure there's some issue based on hearing no update....
Let me know.
Cheers, Clive
Jan 16, 2011 12:40:49 PM
I have not heard anything yet.
Last e/m exchange with Bill was that after 12/31 he was going to focus his effort to finalize the plans.
Last e/m exchange with Bill was that after 12/31 he was going to focus his effort to finalize the plans.
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