Dennis,
Unfortunately those partnerships date back to "BC" (before computers) - so
all I've got now are some old dog-eared papers. At the moment, all I can
find is a previous agreement which dates back to 1981. Yes, we did the same
thing once before with a smaller 32-ft sailboat. I believe the newer "Nancy
Jeanne" agreement was based heavily on this earlier document with a few minor
amendments. I'd be happy to mail or fax a copy of what I've got if you send
instructions. (E-mail me off-list at HClews@aol.com (mailto:HClews@aol.com) )
To make cost-sharing more equitable, we did make a surcharge based on days
used and engine hours. We sometimes waived the fees during "ferrying" runs if
we were in agreement that we wanted the boat moved to a new location. (I
made several trips up and down the ICW at minimal expense (to myself) in order
to reposition the boat for others who had less free time. That's the beauty
of joint ownership, it gives you a lot of flexibility.)
All "home port" expenses were paid from group funds, while other expenses
incurred while cruising were paid by individuals. New equipment purchases had
to be approved by a 75% majority of the group. A 100% approval was required
for the addition of a new owner. Etc, etc.
Henry
In a message dated 4/9/2006 11:25:52 P.M. Eastern Daylight Time,
DenMcGui@aol.com writes:
Hi Henry
Thank you for the positive response. If you tried it and it seemed to work
well, then I guess there is hope. Your suggestion about heavy users is a
good one, what about applying a surcharge based on hours put on the boat.
Do
you have an old copy of your agreement kicking around ??
Regards, Dennis McGuire
Dennis,
Unfortunately those partnerships date back to "BC" (before computers) - so
all I've got now are some old dog-eared papers. At the moment, all I can
find is a previous agreement which dates back to 1981. Yes, we did the same
thing once before with a smaller 32-ft sailboat. I believe the newer "Nancy
Jeanne" agreement was based heavily on this earlier document with a few minor
amendments. I'd be happy to mail or fax a copy of what I've got if you send
instructions. (E-mail me off-list at _HClews@aol.com_ (mailto:HClews@aol.com) )
To make cost-sharing more equitable, we did make a surcharge based on days
used and engine hours. We sometimes waived the fees during "ferrying" runs if
we were in agreement that we wanted the boat moved to a new location. (I
made several trips up and down the ICW at minimal expense (to myself) in order
to reposition the boat for others who had less free time. That's the beauty
of joint ownership, it gives you a lot of flexibility.)
All "home port" expenses were paid from group funds, while other expenses
incurred while cruising were paid by individuals. New equipment purchases had
to be approved by a 75% majority of the group. A 100% approval was required
for the addition of a new owner. Etc, etc.
Henry
In a message dated 4/9/2006 11:25:52 P.M. Eastern Daylight Time,
DenMcGui@aol.com writes:
Hi Henry
Thank you for the positive response. If you tried it and it seemed to work
well, then I guess there is hope. Your suggestion about heavy users is a
good one, what about applying a surcharge based on hours put on the boat.
Do
you have an old copy of your agreement kicking around ??
Regards, Dennis McGuire
