Motion passed online: Peter Kuhn moved that CSC not file an insurance claim, and that CSC spend up to $5,000 to cover the direct cost of repairing the damage to the other boat from collision with a CSC boat on Friday 5/14/10. This expenditure is to be paid from the "Accident Repair" account, which has zero dollars in the current budget. The reason for not filing a claim is to save our insurance in case we incur a much larger loss in the future. We would stand a better chance of being able to get that future claim covered without being cancelled if we have no previous claims. Rob Miller seconded, passed unanimously. (Note: This was an emergency motion since our insurance agent needed to know immediately if we wanted to file a claim. The estimate for the repair was provided 5/19, and was for slightly less than $5,000, excluding sales tax, with contingency for unseen damage.)
