2020 Annual Meeting
In order to follow social distancing practices, the 28th Ocean Reef Club Annual Meeting was held on Thursday, April 16, 2020 via live video stream with no Ocean Reef Club Members present. Mr. Manzo opened by saying, “I’m joined here at a very lonely Town Hall with Ray Larkin, Board Vice Chairman and Alex Tonarelli, Club President.”
The format of the meeting was also different as Ocean Reef Club Chairman Bob Manzo announced that this year’s meeting would break from the customary celebrations of Club champions, Member and Associate awards and a detailed recap of Club events. He noted that these recognitions would be done at the November Town Hall, and in upcoming editions of the Ocean Reef Press. The agenda consisted of six items; welfare of Members and the community, Board actions in light of Coronavirus situation, major capital projects, Club enhancements over the past season, membership status and new Board Directors and retiring Directors.
Important topics were covered beginning with the State of the Club (Members and Associates) and the actions taken by th Club’s Board and leadership to lessen the financial impact on the Club from the Virus. This was followed by an overview and status on the Major Capital Projects (Associate Parking Garage, Ocean Room & Lobby and The Clubhouse). Projected costs, timelines and both exterior and interior new renderings were shown. In addition to what was shared at the Annual Meeting, Mr. Manzo announced that a special Capital Brochure containing all these details of the major capital projects and more, would be mailed out. In addition, the Club has put together a full communication plan with the goal of keep Members updated as the projects progress throughout the summer.
A brief overview of the 2019 Club financial results were also included in the presentation. The full details can be found in the complete 2019 Annual Report, available on the Ocean Reef Club website and emailed to Equity Members.
Club President, Alex Tonarelli reviewed the enhancements to the Club that have taken place during the 2020 season, including refurbishing of the wood floors in Gianni’s and the repairs to the Islander ceiling and acoustical panels. This should significantly reduce the noise levels in the restaurant. He also gave a preview of results from the 2020 Census, which are at a 95% confidence level due to the high response by all Members. A full presentation of the results will be done in the Fall.
The Membership update provided by Vice Chairman Ray Larkin showed a strong 1st Quarter and demonstrated that the Wait List is still going strong even as we enter these uncertain times.
In official business, Chairman Bob Manzo announced the election of two new directors, Frank McKee and John Weiland onto the Board of Directors, along with the reelection of Charlie Johnston. With the addition of the new Board Members, retiring directors Harold Brewer and Bill Tweardy were recognized for their years of service on various committees the Club’s Board.
To watch the full video of the Annual Meeting, visit the Members Only Quick Links of oceanreef.com and click 2020 Annual Meeting or simply go to oceanreef.com/annualmeeting.