Madison Regatta installs new officers, releases community impact data

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By Special to The Banner

Special to The Trimble Banner
Madison Regatta Incorporated, during their general membership meeting held on September 7th, installed new officers for 2012. President Crystal McHargue passed the gavel to Herb Parker who will lead the organization for the coming year. This will be Mr. Parker’s second term, having served as president in 2001. Also installed were Kim Washer-vice-president, Pat Brooks-Race Chairman, and Jeff Chandler-Treasurer. Outgoing president Crystal McHargue completed a record four consecutive terms as Madison Regatta president from 2008 through 2011.

Additional financial information was released by treasurer Jeff Chandler during the recent meeting. Chandler announced “Having completed a financial review, Madison Regatta Incorporated finished in the black and has a solid foundation from which to begin planning our 2012 event. I am also pleased to announce that Madison Regatta Incorporated returned directly to the Madison area $130,000 in purchases and security staff employment, also several community organizations received funding through their efforts during this year’s event as well. We want to acknowledge all those who attended and participated in our event this year. Because of the great fans, countless volunteers, and generous sponsors, the Madison Regatta remains one of Madison’s most anticipated events of the year”.

The Madison Regatta is held each July fourth holiday weekend hosting the world’s fastest race boat-Unlimited Hydroplanes. The 2012 Madison Regatta will be the 62nd consecutive event held in Historic Madison, Ind.