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<DIV><FONT face=Arial>Dear WYC Sailor, </FONT></DIV>
<DIV><FONT face=Arial></FONT> </DIV>
<DIV><FONT face=Arial>It has been a challenge to keep everyone properly updated
regarding the Rosekrans property acquisition by the Wayzata Sailing Foundation
(WSF) because it's been a complicated, changing and fast moving
process. Here is a quick update on the proposed Wayzata Community Sailing
Center. </FONT></DIV>
<DIV> </DIV>
<DIV>WHAT'S NEEDED?</DIV>
<DIV><FONT face=Arial>As of this morning the WSF is currently within $50,000 of
a multi-million dollar fundraising campaign for property acquisition. Past
Commodore Denny Sanford started us with a cool million, but we need
additional support to get to the finish line. Now sailing school parent
Gary Holmes has offered to match additional donations to help us get
to the finish. So with your donations being doubled, this week is the time
to step up and make a commitment. </DIV>
<UL>
<LI><FONT face=Arial>This is a donation for real property that will be an
appreciating asset to our community for decades to come. </FONT>
<LI><FONT face=Arial>This is a tax deductible 501-(c)3 charitable
donation.</FONT>
<LI><FONT face=Arial>This is a donation that's literally in your backyard for
something you are passionate about. It will directly benefit youth camp and
race sailing programs, underprivileged youth programs, handicapped sailing
programs, and numerous non-sailing community programs. </FONT>
<LI>After the WSF has acquired the property, there will remain approximately
$500,000 in financing to be paid off by the WSF over the next three years,
largely through donations. We encourage you to consider a three year
giving plan that includes a 2007 acquisition donation and follow-up
pledges 2008 and 2009. </LI></UL>
<DIV>We will again meet this Thursday night after racing to answer questions and
receive donations and three year pledges. Please speak with your significant
other, download a donation form, and on Thursday night make a donation you will
be proud of for years to come. </DIV>
<DIV> </DIV>
<DIV>The opportunity to be someone who "helped make it happen" won't last
forever. </DIV>
<DIV> </DIV>
<DIV>Download a pledge form at <A
href="http://www.wayzatasailing.org/WCSC/"><FONT
color=#000000>www.wayzatasailing.org/WCSC/</FONT></A> <BR></DIV>
<DIV> </DIV>
<DIV></FONT> </DIV>
<DIV>WHAT IS IT?<BR>The greatest potential in our sailing community is with
youth programs, however, WYC has no room to expand and little ability to further
stretch our club mission for youth and community programs. A dedicated Wayzata
Community Sailing Center (W.C.S.C.), with it's own property and home, will have
the ability to truly fulfill the community and youth based programs that WYC can
not physically accommodate.</DIV>
<DIV> </DIV>
<DIV>Programs at the Wayzata Community Sailing Center will include the Wayzata
Sailing School operations as it's core. Beyond that, the WCSC will be
able to improve programs for underprivileged youth, handicapped sailors,
youth racing, and offer a community meeting space and home base for a variety of
community programs that may or may not be sailing related. </DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV>WHAT'S IN IT FOR WYC?<BR>A fair question. Parking spots to reduce
neighborhood congestion, space to host regattas, more available clubhouse space,
less clubhouse traffic during weekdays, a cooperative and synergistic
organization next door, lots of energetic crew looking for rides on keelboats
who will mature into future keelboat racers. Having the Wayzata Sailing
Foundation own and run the property pumps (literally) millions of dollars in
donations into our sailing community and brings far more energy to our community
than we could ever create by simply expanding WYC ownership west. A separate WSF
owned neighbor allows the WSF to focus on charitable and community programs and
allows WYC to focus on adult keelboat racing. Everybody wins. </DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV>MORE INFO?<BR><A href="http://www.wayzatasailing.org/WCSC"><FONT
color=#000000>www.WayzataSailing.org/WCSC</FONT></A> has a downloadable concept
document, some FAQ's, and a donation form. If you'd like to be more
involved, would like more information, or are considering a significant donation
or stock donation (big tax benefits), please feel free to contact any one of the
following people. Pat Maloney, Bridgid Hansen, Ernie Brody, Dallas Johnson, Pete
Ice, Bert Foster, Mary Foster, Jappa Lovald, Robb Harriss, or Merry Beth Hovey.
</DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV>See you at the future Wayzata Community Sailing
Center!</DIV></FONT></DIV></BODY></HTML>