¡Feliz Año Nuevo a todos! If you were among the fortunate 100 members attending the VYC New Year’s Evening dinner party, you know we all shared a fantastic time to welcome the New Year. Cocktails began at 8:00 pm and the live band started promptly at 8:15. Within 30 seconds, the dance floor filled with enthusiastic revelers. And, stayed full until 9:00 when the band laid their instruments aside and the Club’s wait staff quickly brought out two of the three course dinner. After a splendid “surf and turf “bit of nourishment, the band returned, chairs were emptied and the dance floor once again erupted; and stayed so right up to the final countdown to midnight. I also observed that the number of members having Thanksgiving and Christmas Eve dinner was twice that of previous year!
As I noted in last October’s Commodore’s Corner, our Club being recognized by the Mexican government as a “Sports Association” entitles us to various tax breaks. One of which is the exemption from any income tax. Obviously, this is rather meaningless to VYC on an annual basis, but, because Mexico tax law requires full tax reporting on a monthly basis which would seriously negatively effect our cash flow during the high season.
The other significant tax benefit is the exemption for IVA taxation on Dues and Donations. Although we are not a designated “Donatario” that can offer a personal tax deduction, we now do exempt our members from IVA tax on dues and donation payments, I am sure you remember that from January 1st of 2016 a 16% tax was applied to all dues and donations (as well as all purchases for goods and services). And, we were required to file these “end user” funds with our tax returns. Beginning in August we acted upon legal and accounting advise that we were no longer subject to IVA taxation on dues and donations. However, we decided to continue applying the 16% IVA as a precaution that the SAT (Mexican IRS) might disagree with our exemption. At the end of January, 2017 we will have had six months of tax filings without any comment from the SAT. Much more on this and other subject matter will be presented at this year’s Annual General Meeting.
I would be remiss if I didn’t warn you to be prepared to have loads of fun both Ashore and on the water during the remainder of the high season. Catch it all on the Club’s website. And, make sure you are receiving the Vallarta Yacht Club Bay Calendar every week reminding us of what is ahead for the next two weeks.
The first race of Vallarta Cup 2017 kicked off on Saturday on a typical January day in Banderas Bay - light winds and clear skies. The race committee on S/V Cadenza delayed the race a few minutes to make sure there was sufficient wind for a start and to give the last few competitors sufficient time to get to the starting area, calling first warning at 12:36. The course selected was a 13 mile mainly-reaching route which would take the 10 boats to La Cruz, then an upwind leg northwest along the northern coast of the bay, and then downwind to finish as the daily thermal built in the afternoon.
All boats started well in a southerly 6 knot breeze, with higher winds expected as the boats picked up the daily thermal off Bucerias and along the north coast. Due to the nature of the course, the race committee called for a reaching start, and a couple of competitors even managed to fly spinnakers across the start line. All competitors were delighted to see Merle McAsse's 11 year-old son Matero helming the family's Beneteau 38 Kinta Anea across the start line. Olas Lindas, with VYC honorary member Mike Danielson aboard as tactician, set their 'chute shortly after start, as did many competitors. A few boats struggled with sail set, but ultimately headed off to La Cruz in the building breeze. Rush Faville's J80 'Shiva' had a great start, carrying a new black spnniaker over the start line and all the way to La Cruz. Rush stayed with the leaders through most of the race, showing everyone that small boats are very competitive in a reaching race. Of course, it didn't hurt that Shiva had Wayne Zittle, owner of J/World Performance Sailing, onboard to advise!
The first boat to finish, Olas Lindas, completed the course in a mere 1 hour 42 minutes, averaging a spectacular 7.6 knots around the course. This was with wind speeds that never exceeded 10 knots throughout the course. Olas finished a full 7 minutes and 42 seconds ahead of the next boat, Fred Roswold's Serindipity 43 'Wings'. Fred crossed the finish line flying his huge new spinnaker, which the race committee knicknamed 'The Womper'. By 3pm all boats had completed the course.
Matero McAsse, in addition to helping helm the family boat, also achieved another goal that was set for the racers: the boat to spot the most whales during the race. Matero spotted 4 whales, and two dolphins to boot! He will be awarded a prize at the final trophy ceremony, as well as an honory Banderas Bay Naturalist badge.
The Vallarta Cup racers joined VYC members and guests at the VYC clubhouse for the event after party. Local band "The Remedy" provided the dance music. Chef Israel didn't dissapoint, creating his famous hamburgers for the attendees.
The group of racers was broken into two classes after results were returned. Olas Lindas was first in Class A, Shiva first in Class B.
VYC kicks off the racing season with the Vallarta Cup. This series, which has been held every year since 2005, runs four Saturdays in January. Each day of racing is capped with a great party at Vallarta Yacht Club! This year we'll skip the first Saturday and kick the first race off on January 7, finishing four races on January 28.
Please use the form below to enter your boat for Vallarta Cup 2017. You can pay your fees using Paypal, or choose "Offline Payment" to pay in person at Vallarta Yacht Club. If you have sailed with VYC in the last 3 years we probably have the information we need to handicap your boat. If you have changed something or need a first-time handicap please complete the handicap request form here.
When you first walk into the VYC clubhouse this season, you are likely to be a little surprised. Thanks to the generous contributions of several members, in both funding and time, the VYC clubhouse has a new, modern look.
Major changes include:
New chairs throughout the inside area (32)
New bar stools (15)
New tall bar height tables
New granite top on the bar
New drop lights over the bar
New lounge area with two love-seats, coffee tables, end tables and side chairs
Two new large glass-top circular tables
New paint throughout
New speakers on the patio
New (well, almost) ICOM IC-802 SSB
New theatre lights on the patio
Our sincere thanks for the generous donations from our members that made this possible.
We are thrilled at the new look, and we think you will be too.