It will be known as the most shameful undisclosed conflict of interest in Rye's 353 year history.
A six year thumping taken by the members of Rye Golf Club at the hands of a senior city employee, with the approval of city management, under the noses of duly elected city officials.
According to newly released city insurance docs, Rye's Madoff Moment will now be known as the $2,000,000 Scott Yandrasevich stole from the members of RGC.
The amount of the insurance claim that's been made public is staggering considering that previous city council estimates put Yandresevich's theft in the neighborhood of "many hundreds of thousands of dollars". That council was chaired by former Mayor Doug French.
The new council consists of three members who served with Mr. French: newly elected Mayor Joe Sack, re-elected Councilwoman Julie Killian and Deputy Mayor Laura Brett. Terry McCartney and Kirtsen Bucci were each elected to their first terms, while Rich Mecca and Richard Slack were appointed to their seats, rounding out the new council.
The release of the information comes at a time when the club remains mired in legal actions brought on by the alleged actions of Mr. Yandrasevich–and City Manager Pickup in his stead–including a $40,000 breach of contract contest with last year's pool company; and a lawsuit claiming Yandrasevich failed to pay gratuities and overtime to former Whitby Castle staff.
If the golf club were to recover the money that was stolen from it, it would greatly enhance its balance sheet and replenish a reserve fund that was drained to the tune of millions of dollars through city hall for the last six years.
In the meantime, the RGC Commission and city manager are working with their consultant, Denehy Club Thinking Partners, in hiring a new general manager. The comission is also engaged with the RFP Committee and City Council in the search for a food and beverage solution at Whitby Castle and the snack bar.
I, Kristen Wilson, certify that [the] City of Rye has sustained a loss as a result of Employee Dishonesty or Employee Theft committed [by] Scott Yandrasevich while employed as [the] Rye Golf CLub Manager.
I further certify that: (1) the amount of money or property loss is: Two million one hundred fifty-four thousand one hundred and six dollars and sixteen cents, $2,154,106.16.
(2) That said amount is a true net loss for the period from April 2007 to December 2012..."
Summary Attached: SUMMARY REPORT OF THE CITY COUNCIL’S INVESTIGATION INTO THE RYE GOLF CLUB
-From City of Rye 'Proof of Loss' insurance claim filing aquired by response to Rye resident's foil request.
* Your humblest correspondent is an elected member of the RGC Commission