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RYA Elite Youth Meeting Minutes attendees: CS,DK and KK Date: 8th October Review JITO youth memorandum to formulate RYA Elite Youth memorandum. Send circular to elite members seeking approval to use brand name for new club and Request for minimum investment for initial expenses and Send all circulars via Google forms for records. Speak to Dinesh Ji Mehta, president of RYA, to get approval for proposal. Finalized name: RYA Elite Youth Target installation: April 2024 Age group: 18 to 25 Exit: 25 or marriage, whichever is earlier Both boys and girls welcome to join Fees: 21,000 to start with Committee of five members: current president and secretary, plus three past presidents (term limit: max two years) Objective: To install bonding among youth through socialising, entertainment, diversity, sportsmanship, financial/business startup and discussions and personal development. Authorised signatories: President, secretary, treasurer, and one core committee member of new club Proposal applicable for first three years Secretary address of Cosmo Elite same for RYA Elite Youth Equal opportunity between boys and girls Presidential role to alternate between boys and girls Proposal for 50% representation from both boys and girls on committee To be discussed: number of events and committee members Disclaimer clause to be added to memorandum: no drinking, alcohol, or gambling; only moral and social grounds activities accepted. Core committee responsibility limited to finance management, not events or mishaps For first three years, president and secretary for RYA Elite Youth to be chosen by core committee members Funds will not be used for investment, bitcoins, stock broking, trading, or gambling; only for events and bank/fixed deposits Proposal for launch sponsor to fund 3-4 lakhs for installation of new club and be chief guest Proposal for written gift for charter members, such as a certificate with launch sponsor logo and other branding; to be given by launch sponsor if funds available Charter member certificates to be beautifully framed and have launch sponsor logo Additional Notes: Benefits of launch sponsor: Chief guest role Logo and branding on invitation Ability to give written gifts with branding