Reading of the President’s report was waived.

Replacement of Classic Committee chairman, Leif Bockelman, Finland was discussed, as Mr. Bockelman did not wish to continue. Mr. Henrik Andersin, Finland was elected new chairman of the Classic Committee and will also assume the role of Vice President on the ISMA Board.

Financial statement was circulated among the delegates and will also be posted on the website. Some discussion followed with regards to improving finances and the allocation of funds especially as it refers to ISMA News.
It was observed that the newly introduced mandatory sail stickers purchase requirement would substantially strengthen future account statements.

Annual dues for 2006 were unanimously approved at 50 Euros.
Some confusion regarding 2005 dues existed and some countries paid in 100 Euros. Reimbursements will be effected by non-payments for 2006.

A vivid discussion ensued with regard to the printing of the ISMA News versus only posting the news bulletin on the website and thus generate substantial cost savings. It was argued that the cost of producing the hardcopy was unreasonably high in relation to the total ISMA income stream. Opponents on the other hand argued for the value of actually having printed copies for repeated future references and also the value of promoting the Class, by distributing copies to yacht clubs, yachting magazines and other interested persons and entities.
Beat Furrer announced quite clearly that he would not continue to produce the periodical if it was not issued as a hard copy.

Various ideas for separately financing the ISMA news were discussed, including advertising, contributions by the National 6mR organizations as well as individual subscriptions. Mr. Furrer made it clear that he could not be responsible for securing sponsors or advertisers nor the collection of subscription fees. Representative Carmody, France announced that Mr. S. O’Reilly-Hyland might take on the task of securing sponsorships etc.
It was agreed that the National Authorities could collect individual subscription fees in addition to the annual fee. The cost per copy to be determined.
Beat Furrer deservedly received enthusiastic accolade for his tireless efforts and countless hours spent to produce ISMA NEWS magazine.

There was a proposal from the floor that the participants in major events should be able to participate in the sponsor funds received by the organizing clubs and authorities. It was pointed out that individual owners are every year facing substantial costs in positioning the boats at the venues and in addition contributing to the local economy. It was expressed that the 6mR events are prestigious and it should therefore not be unreasonable to expect that the organizers help to defray the cost.

A proposal regarding maximum wind speed was discussed and it was generally agreed that sea conditions played an equal role in decisions made whether racing was safe and/or recommended or if races should be started or continued or not. The Class already has guidelines with regard to wind velocity and it was agreed that the Technical Committee should further develop acceptable wording and instructions for race committees.
Douglas Peterson, USA and Pasi Kaarto Finland, were elected as new members of the Technical Committee.

A Finnish proposal regarding an alteration to the existing advertising rules did not obtain a second and was not voted upon.

A proposal introducing the use of GPS while racing was discussed briefly but was not seconded.

The replica rules as adapted were confirmed and will become an appendix to the 6mR Rating Rule & Measurement Instructions and filed with ISAF.
The existing definitions of Classic 6mR will be further developed by the Classic Committee and presented for ratification. The ratified version shall be an appendix to the 6mR Rating Rule & Measurement Instructions and filed with ISAF’s keelboat committee.

Representatives from GBR are working on updating the Class Rules.
A 29 page final version will be presented by the end of the year for ratification and presentation to ISAF.

The Jean-Pierre Oddero Trophy was presented to Peter Norlin with great enthusiasm from the floor for his many years of constructive contribution to the 6mR Class.

It was resolved to hold the 2006 European Championship in Flensburg for both Classics and Moderns instead of in Finland and in La Trinite respectively, as originally decided. Both Finland and La Trinite gracefully agreed to this proposal, showing great understanding for the importance of keeping the Moderns and Classics together for ISMA events.

A written proposal from the Museum of Yachting, Newport, R.I. for hosting the 2009 World Championship was accepted after some discussion.
A Class organizing committee is to be formed and it is generally agreed that this committee has 2 years to determine if the event can be held in Newport.
The main issue is to secure sufficient funding from sponsors to cover oceanic transportation cost.
All 6mR enthusiasts with experience in fund raising are urged to participate.

There was an observation from the floor that only about _ of all the boat owners present at Sandhamn, attended the AGM. It was proposed that for future events
better efforts were made to increase participation at AGM's

There not being any further business, the meeting was adjourned at 2055.

Respectfully submitted: