“alexandria 2001, contour 50' trimaran sailing yacht...

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Survey effected for: Richard Kotalac 32 Washington St Nantucket MA 02554 “Alexandria2001, Contour 50' Trimaran Sailing Yacht Condition & Valuation Insurance Survey May 10, 2010 File No.: 899 (Alexandria) Kevin C. Clarke Page 1 of 17 Survey conducted by: Kevin C. Clarke, SA SAMSABYCNFPA One Washington St Newport, RI 02840 www.rimarinesurvey.com

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Page 1: “Alexandria 2001, Contour 50' Trimaran Sailing Yacht ...trimaranalexandra.com/Resources/Contour 50 - Alexandria.pdf · Survey effected for: Richard Kotalac 32 Washington St Nantucket

Survey effected for:Richard Kotalac32 Washington St Nantucket MA 02554

“Alexandria”2001, Contour 50' Trimaran Sailing YachtCondition & Valuation Insurance Survey

May 10, 2010

File No.: 899 (Alexandria) Kevin C. Clarke Page 1 of 17

Survey conducted by: Kevin C. Clarke, SA SAMS●ABYC●NFPA One Washington St Newport, RI 02840 www.rimarinesurvey.com

Page 2: “Alexandria 2001, Contour 50' Trimaran Sailing Yacht ...trimaranalexandra.com/Resources/Contour 50 - Alexandria.pdf · Survey effected for: Richard Kotalac 32 Washington St Nantucket

TABLE OF CONTENTS

Pages

Survey Overview…………………………………………………………………..……3

Vessel Information …….……………………………………………………………..4

Survey Report………………………………………………………………..……...5-17

Summary & Valuation……………………………………………………………….17

File No.: 899 (Alexandria) Kevin C. Clarke Page 2 of 17

Page 3: “Alexandria 2001, Contour 50' Trimaran Sailing Yacht ...trimaranalexandra.com/Resources/Contour 50 - Alexandria.pdf · Survey effected for: Richard Kotalac 32 Washington St Nantucket

SURVEY OVERVIEW

This survey is prepared exclusively at the request of Mr. Richard Kotolac. It is agreed by Mr. Kotolac that by accepting this survey report, RHODE ISLAND MARINE SURVEY, LLC and Kevin C. Clarke shall be held harmless, and shall not be held liable or responsible for any error, omissions or oversights in the surveying of the vessel.

This survey was conducted following recommendations and standards for pleasure and recreational motor and sailing yachts published by the United States Coast Guard, the American Boat and Yacht Council, and the National Fire Protection Agency (NFPA 302) .

Unless specifically stated otherwise in this report, this surveyor visually inspected this vessel without removal of any fasteners, fixed or semi-fixed structures or equipment, and has not dissembled any hull structures, electronics, instruments, or machinery for inspection or testing. Therefore, due to this visual inspection this survey report does not cover latent defects not readily discovered without such removals and disassemblies. Locked compartments or otherwise inaccessible areas also precluded visual inspection. Owners are advised to open such areas periodically for self-inspection. Further, no determination of stability characteristics or inherent structural integrity has been made and no opinion is expressed with respect thereto. This survey report represents the condition of the vessel on the above dates, and is the unbiased opinion of the undersigned, but it is not to be considered an inventory or a warranty either specified or implied.

Complete inspection of piping, systems, tanks, electronics, electrical equipment and electrical wiring can only be made by continuous operation or disassembly. This has not been done. Comments in this report are based on the assumption that this vessel will operate within its navigational and design limits. This survey is not a report either expressed or implied, of the seaworthiness of the vessel, or a check of the state of readiness to proceed to sea.

Alexandria was inspected both on the hard on jack stands and at a slip eat the Newport Ship Yard, Newport RI. The hulls, deck and cabin house were percussion sounded and a GRP33 moisture meter to check for any signs of delaminations or voids.

NOTE:1. This report is issued for the exclusive use of the individual(s), financial institution(s) and/or insurance

company (ies) as may be specifically identified (named) upon this surveyor’s report and may contain information that is privileged, confidential and exempt from disclosure under applicable law. Any entities or persons that are not identified herein are hereby advised that any dissemination, distribution or copying of this report is strictly prohibited; no such entity or person shall have any right to rely upon the contents of this surveyor’s report.

2. In the event that this surveyor is called upon, after rendering a Marine Survey Report, to explain, modify or supplement the report, or its contents, or should the surveyor be called upon to render expert advise, testimony or to provide survey expertise in any dispute in litigation (or not), the surveyor will be compensated by the owner/insured in accordance with the fees customarily charged in the surveying industry.

LIMIT ON LIABILITY:1. The survey, which is the subject of this report, was conducted in accordance with generally accepted marine

standards and criteria utilized in the marine surveying industry. Persons or entities entitled to rely upon this report are advised that this surveyor is not an engineer nor does he possess any specialized knowledge beyond the degree of skill commonly possessed by others in the same employment.

2. Surveyor shall have no liability for consequential damages, no liability for personal injury damages, no liability for property damages, no liabilities for punitive damages, all of which shall be deemed to have been knowingly and voluntarily waived upon the use of this report.

3. In no event shall the legal liability of the undersigned exceed the fee paid for this survey report, regardless of claims or suits and regardless of whether under theory of tort, contract, products liability, admiralty, or otherwise.

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VESSEL SURVEY INFORMATION

Date of Survey…………..………………………………….……………………….……………May 10, 2010

Survey Location……………………………………………………….Newport Shipyard, Newport, RI

Type of Survey….………………………………….…..…Condition & Valuation Insurance Survey

Name of Vessel…………………………………………………….…………………………………Alexandria

Hull Identification # …………………………………............................…………. QHG47001E10-1

Documentation #............................................................................................... 50E131852

Hailing Port………….…………………………………………………………………...……Nantucket, MA

Type of Vessel…………………………………..………………………………….….…Cruising Trimaran

Designer/Builder……………………………Rob Lambdon………………………………..Contour 50

Year Built……………………….………………….………………………………………………………….2001

LOA……………………………………………………………………………………………………..…………50’

Beam…..…………………………………………………………………………………………….……………31’

Draft…………………………………………………………………………….……………..………………4’, 8”

Construction……………….…………………………………………….……...…Hand-Laid Fiberglass Propulsion…………………………………….......................………..…..…. Yanmar inboard diesel

Water……………………………………………………………….…………............................……..50 gal

File No.: 899 (Alexandria) Kevin C. Clarke Page 4 of 17

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DEFINITION OF TERMS

These terms and words used in this report have the following meanings as used in this Report of Survey.

APPEARS: Indicates that a very close inspection of the particular system, component or item was not possible due to

constraints imposed upon the surveyor (e.g. no power available, inability to remove panels, or requirements not to conduct destructive tests).

FIT FOR INTENDED USE: Use which is intended by Survey Purchaser (present or prospective owner)SERVICEABLE ADEQUATE: Sufficient for a specific requirement.POWERS UP: Power was applied only. This does not refer to operation of any system or component unless specifically

indicated.EXCELLENT CONDITION: New or like new.GOOD CONDITION: Nearly new, with only minor cosmetic or structural discrepancies noted.FAIR CONDITION: Denotes that system, component, or item is functional as is with minor repairs. (MONITOR OFTEN)POOR CONDITION: Unusable as is. Requires repairs or replacement of system, component, or item to be considered functional.

USE OF: *Use of * in the body of this report will indicate that a finding will be listed in the “Recommendations” section pertaining to the **item.

VESSEL DESCRIPTION

Alexandria is a cruising Trimaran that can be dismantled and shipped in 3 pieces. The hulls are Aristo blue with a green bottom and white decks. The vessel has just received many new up grades during this past yard period at the Newport Shipyard in the winter and spring of 2010.

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SURVEY REPORT

HULL CONSTRUCTION & APPENDAGES

BOTTOM CONDITION & PAINT: The bottom of Alexandria, which is a trimaran sailing vessel, has three hulls. Both the main hull and the two outer sponsons appear to be in excellent condition; the bottoms were all just freshly painted. There is not a lot of paint on the bottom of the vessel, so there is no paint flaking off. It looks to be in excellent condition. It recently received a fresh barrier coat with all new bottom paint.

KEEL TYPE: The vessel is a trimaran with three basic hulls in the water. The center hull, which is the main hull of the boat, has a centerboard in very good condition. This centerboard is a solid carbon fiber centerboard that drops down approximately nine feet and tucks up into the boat so that the boat only draws four feet.

RUDDER TYPE: The rudder is a long spade rudder built of fiberglass. It is carbon-reinforced and has a stainless-steel post in it. The rudder appears to be in excellent condition with no moisture noted in it.

THRU-HULL FITTINGS: Most of the thru-hulls and seacocks are all Forespar made of reinforced fiberglass plastic. They all appear to be in good condition at the time of survey. The exhaust is a stainless-steel thru-hull fitting.

DEPTH & SPEEDO: The depth meter on the main hull appears to be in like-new condition, and it may even be new.

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HULL CONSTRUCTION & APPENDAGES, cont;

PROPELLER & SHAFT TYPE & RUN OUTS: The propulsion system is a saildrive unit that sticks down through the bottom. It was recently primed and painted. The prop is a 16-1/2 inch, bronze, two-blade, folding propeller with a left-hand rotation. It is a Flexifold propeller that is in excellent condition. There is a new zinc collar mounted on the saildrive.

GROUNDING PLATES: There is a grounding plate just forward of the swing keel. The plate looks to be in excellent condition. BOW THRUSTER: There is a bow thruster on the center main hull. It is a 7-inch, single-blade, 12 volt electric bow thruster that is in good operating condition. DEFICIENCIES & SOUNDINGS: After a thorough phenolic hammer sounding, no defects or delaminations are noted on any of the three hulls. They all look to be in very good shape.

CONDITION: The overall condition of all three hulls of the vessel is like-new condition at the time of survey.

EXTERIOR HULL

PAINT & FINISH: The finish of the boat is done in Arista Blue gel coat. It appears to be the original gel coat on the boat, and it is in very good condition. There are minor scrapes and scuffs on the outside of the two sponsons, but all are minor, and all is in very good shape for the age of the vessel. HULL TO DECK JOINT: The hull to deck joint on the sponsons and on the hull is that of a monocoqua. The main hull is solidly glassed to the decks. The sponsons, hull, and deck, are all one piece, as the middle hull and deck - the main hull - is all one piece fiberglassed together hull and deck joint. The deck joint appears to be in excellent condition where there is room to view it.

RUB RAILS: There is a 4-inch aluminum rub rail that is mounted on both of the outer sponsons, port and starboard. There are minor scrapes and scuffs on it, but it appears to be in excellent shape.

STEM: The bow of Alexandria is a flush bow up and down with a heavy-duty stainless-steel custom chain plate mounted to the bow that is part of the anchoring and headstay chain plate assembly. There is also an approximately 8-foot long carbon bowsprit that is mounted to the stainless-steel anchor roller that has its own dolphin striker and stainless-steel stays that keep the sprit in place. There is also a Code Zero roller furler by Profurl mounted forward on the bowsprit that all looks to be in excellent condition.

TRANSOM: The transom of the main hull has a small swim platform scoop on it, and there is also a stainless-steel foldout ladder for boarding from the water. The ladder is mounted on the scoop on the center transom. Both of the outer sponsons/hulls are flush with no hardware mounted on them.

PORT LIGHTS: The main center hull has four opening ports on it located forward of midships mounted in the hull just below the deck: two on the starboard side, and two on the port side. They are Lewmar opening ports, and they look to be in very good shape with no leaks noted at the time of survey. CONDITION: All three hulls appear structurally to be in very good condition to like-new condition. There are minor scrapes and dings, but the boat appears to be in excellent solid condition.

DECKS & SUPERSTRUCTURE

DECK SURFACE/NONSKID: The deck surfaces of Alexandria are done in a sprayed-on white gel coat with nonskid particles mixed into the gel coat that have an excellent nonskid quality. There are also smooth areas done in white gel coat. There is an area between all three of the hulls where there are two nets mounted in the midships area. The nets are 1-1/4 inch Spectra-style webbing securely mounted to the hulls and sponson, and they appear in excellent condition and quite sturdy. The deck of Alexandria throughout all of the three decks mounted on the main hull and the two outer hulls are a foam-core fiberglass sandwich that all appear to be in excellent condition with no moisture noted after a thorough moisture reading of the deck.

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DECKS & SUPERSTRUCTURE,cont:

HATCHES: There are six Lewmar Low-Profile hatches on the decks that all appear to be in excellent condition with no leaks noted. PORTS: There are eight Lewmar opening ports in the cabinhouse deck, and they all look to be in good shape. PULPITS: There are 1-1/4 inch stainless-steel bow and stern rails on the main hulls. The rails look to be securely mounted and sealed at the deck level with no crazing or cracking at the deck level. All of the bow and stern rails appear to be properly thru-bolted through the deck. The aft rail is a custom rail that has 2-inch radar arch incorporated into the rail with bimini archway/antenna brackets that house GPS antennas and wind vein. STANCHION, LIFELINES: The stanchions are all 1-inch stainless steel with ¼-inch, uncoated, stainless-steel, 1 x 19 wire. All appear to be in very good shape.

BOW ROLLER & WINDLASS: The bow roller is a single anchor roller in a stainless-steel housing securely thru-bolted through the deck and stem of the boat. The windlass is a Muir 12-volt windlass that operates with a 3/8ths galvanized chain that is 150-foot long and 200-foot of ¾-inch nylon 3-strand.

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DECKS & SUPERSTRUCTURE,cont:

DECK LAZARETTES: The bow locker is an anchor locker with anchoring gear in it that looks to be in very good condition. There are two aft lockers in the center hull that carry quite a bit of sailing gear. Each outer sponson has a small cockpit companionway opening and each serve as lazarettes for holding sailing gear . DECK HARDWARE: Most of the hardware, tracks, cars, and blocks are all stainless steel with hard plastic ball bearing units by Garhauer. All of the hardware is in excellent working condition at the time of survey. WINCHES: There are four Anderson 58, 2-speed, stainless-steel winches in the main center cockpit, and there are two Anderson 52, self-tailing, stainless-steel winches. Of the four Anderson 58 winches, two of them are electric 12-volt winches that operate in excellent condition.

CHAIN PLATES: The chain plates are solid stainless-steel external plates mounted and thru bolted on the outside port and starboard middle main hull. The running backs get extended to U bolts mounted on the deck that have excellent backing plates and are solidly mounted. All of the chain plates appear to be in excellent condition. MAST PARTNERS: The mast partners are on the main hull. It is also the area where the mast is deck stepped. Under the deck step is an aluminum compression post on the inside cabin going to the keel. The step itself is a solidly fiberglassed-cored area where the mast is mounted on an anodized aluminum plate. The plate and step area all appear in excellent condition with no corrosion or cracking of the fiberglass deck noted at all.

HAND RAILS: The hand rails are 1-inch stainless steel throughout the deck of Alexandria, and all appear to be securely mounted, sealed, and in good condition.

STEERING PEDESTAL & GEAR: The steering pedestal is a Whitlock steering system that is chain with hydraulic assist to stainless-steel wire cable to an aluminum quadrant. All appear to be in very good shape with no corrosion noted during the survey. The rudder packing and rudder post pedestal are in good condition.

SHIFTER CONTROLS: The shifter controls are mounted on the Whitlock pedestal. They are Morse Teleflex control cables that appear to be in very good condition, and they move smoothly through the forward and aft gear, as does the throttle. PEDESTAL & COCKPIT INSTRUMENTS: The cockpit pedestal instruments are a Yanmar Smart Panel with very good gauges that have alarms and analog gauges for temperature, oil pressure, and hour meter. The hour meter on the engine reads 718 hours. The panel looks to be in excellent condition.

DECKS & SUPERSTRUCTURE,cont:

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COMPASS: There is a 4-inch Whitlock compass that looks to be in excellent condition. It was just refurbished with new oil placed inside.

SPEAKERS: There are two Clarion speakers mounted in the main hull cockpit. CANVAS: All of the canvas is brand-new, dodger , bimini, and mainsail covers, are all brand new. CUSHIONS: The cockpit cushions are all brand new and in excellent condition. CONDITION: The overall condition of Alexandria’s deck and gear is excellent for the boat’s age.

INTERIOR

INTERIOR LAYOUT: The interior living quarters are all in the main center hull. There is a large V-birth with head forward of main bulk head. The main saloon has port and stbd settee with center fold out saloon table done in teak. The galley is forward in the main saloon and the navigation station is aft on the port side. Aft of the center cockpit is a large master suite with its own head and its own entrance. The interior of the aft cabin is done in he same fashion as the main saloon, nicely and simply appointed. The boat has a drop in interior that is fiber glassed in. The bulkheads are done with marine ply wood and a cherry veneer. There are 12 water tight compartments thru out the vessel and a crash bulk forward in all three hulls. The cabinetry and trim are all done in cherry and teak wood. The bright work thru out the vessel is in like new condition.

BULKHEADS & TABBING: The main hull has 6 full bulk heads and several partial bulkheads that fit into the interior liner and are properly tabbed into the hull and deck with no defects noticed. BILGES: The bilges are shallow clean and free of debris. HEADLINERS: The head liners thru out are a solid fiber glass liner in excellent shape LIGHTING: The interior lighting is done with over head dome and wall sconce's , all in good working condition. FLOOR & SOLES: The floor boards are done in a teak and holly marine ply wood, in good shape FABRICS & CUSHIONS: All of the fabrics on the cushions have been recovered in a light green cloth in new condition.

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INTERIOR,cont:

GALLEY: The galley is forward in the main saloon and has the a 2 burner, propane stove with oven located next to the stainless steel sink on the port side of the saloon and top loader deep freeze and refrigerator on the stbd side. The refrigeration units are by Frigo Boat and are keel cooled units in good working order.

HEAD: There are two Jabsco manual heads that have there own holding tanks and Electra San Units. The holding tanks can be pumped out through the deck or through the bottom. Both heads have hot and cold running water and stand up shower.

NAVIGATION STATION: The navigation station is a teak lift-top table that has chart storage underneath. The electrical panel sits just in front of the table with all the electrical breakers and electronics at the navigation station. The nav station is laid out very well in the boat being located in the aft salon port side area, and it is in excellent condition.

CONDITION: The interior of Alexandria is in like new condition.

PROPULSION

MAIN ENGINE/TYPE/MODEL: The engine is a Yanmar 3JH3E.

HP: 30 hp SERIAL#: The engine serial number is A00102.

INDICATED HOURS: The indicated hours are 718 hours.

ENGINE MOUNTS AND BED: The engine mounts are rubber and steel standard Yanmar equipment that are mounted on solid fiberglass longitudinals. All look to be securely mounted and in excellent condition with no defects noted. DRIP PANS: The drip pan under the engine is clean and free of debris. VENTILATION: The ventilation in the engine room is very good, as there is a 12-volt electric blower that is in good working condition. EXHAUST SYSTEM: The exhaust system has an upper and lower exhaust pot with U.S. Coast Guard-certified exhaust hose that looks to be in excellent shape. LUBE OIL: The lube oil was recently changed. ENGINE SPACE INSULATION: The engine space insulation is 1-inch Soundown, and the space is very well insulated.

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PROPULSION,cont:

RAW WATER THRU-HULLS/STRAINERS: The raw-water sea strainer for the engine is a Groco ARG 1000-S. It is a bronze unit with glass bowl that is easily serviced, and it looks to be in good shape. HOSES & CLAMPS: All of the hoses and clamps on the engine appear to be in like-new condition. BELTS & PULLEYS: There is a brand-new engine belt, and the pulleys look to be free of rust and in good shape.

TRANSMISSION; The transmission is a Yanmar Model, SD-31, sail drive unit.

SERIAL #: The transmission serial number is 05722. GEAR RATIO: N/A DRIVE TYPE: The drive type is a saildrive that was recently rebuilt, and the seals in and out are brand new. CONTROLS: The controls are Teleflex cables in excellent condition. FUEL TYPE: The fuel type is diesel fuel. PRIMARY FUEL FILTERS: The primary fuel filters are Yanmar stock engine filters. SECONDARY FUEL FILTERS: The secondary fuel filters are Racor 500 FG remotely mounted fuel-water separators that appear to be in good condition.

FILL PIPE: The fuel fill is U.S. Coast Guard-certified fuel hose that looks to be in very good shape with no decay at the time of survey. FUEL LINES & FITTINGS: All fuel lines and fittings are rubber hose with clamps that look to be in excellent condition. TANKS: The fuel tank is a plastic fuel tank that looks to be in good shape and very clean.

CONDITION OF PROPULSION SYSTEM: The main engine and its systems are in very good operating condition.

ELECTRICAL SYSTEMS

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DC-VOLTAGE: The main DC voltage on the vessel is 12-volt.

BATTERIES: All of the batteries are brand new in may 2010. There are 4 - 4D AGM batteries splint into 2 banks, mounted mid ship that comprise the house bank. The engine starting battery is a AGM group 27 1000 CC amps, located in the engine room. There is a bank of 2 group 24 AGM batteries that make up the bow thruster and windlass bank of batteries.

MAIN BATTERY SWITCHES: There are two Perko battery switches that can be paralleled together for house and engine starting. All looks to be in excellent condition.

DC PANEL: The DC panel is by Paneltronics and looks to be in very good working order. CIRCUIT LOAD MONITORS: The circuit load monitors are AC and DC volt and amps.

ROUTING SUPPORT: All of the routing support and wiring in the vessel appears to meet ABYC E-11 specs and is neat and tidy. BATTERY CHARGER: The battery charger inverter is a Heart Freedom Marine 30/3,000-watts. ALTERNATOR: The alternator is a 125-amp alternator by Amptech.

AC ELECTRICAL SYSTEMS

SHORE POWER INLET AND CHORD: The shore power inlet is a 100-foot 120-volt/30-amp shore power chord. AC SOURCE SELECTOR SWITCH: The AC selector switch is a make before break switch that is mounted on the AC/DC panel in the navigation station. It looks to be in good shape. CIRCUIT LOAD/POLARITY MONITORS: There are amps and volt meters for both the DC & AC panels. There is also a Link 2000-R Smart panel. OUTLETS/GFCI: There are GFCI outlets located in the head and galley, and they are in good working condition. CONDITION/AC/DC SYSTEM: The overall condition of both AC and DC voltage systems is good working condition with no defects noted.

WIND GENERATOR; The wind generator is brand new and can bring in 10 amps per hr.

GENERATOR; Honda, emergency only.

CONDITION: The over all condition of the electrical system is very good with no issues. ELECTRONICS AND NAVIGATIONAL EQUIPMENT

VHF /HAILER: The VHF is a Raymarine Ray 210 VHF that is in good working order.

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GPS: The GPS is a Raytheon RC320 Chartplotter.

AUTOPILOT: There are two 7000 Autohelm pilots mounted in the vessel, and they are in good working order. WIND/SPEED/DIRECTION: The depth sounder is a Raymarine ST60 speed, temperature, and depth finder, which are all brand new at the time of survey. CONDITION: All of the above instruments are in new condition.

STEREO SYSTEM: The stereo system is a Clarion CD unit with CD changer.

SPEAKERS: There are two speakers inside and two speakers outside, all of which are in very good working order.

TELEVISION(S): There is a Clarion 12-inch television mounted onboard, and it is in good working condition.

DVD: The DVD player is a Clarion DVD player that is also in good working order.

CONDITION: All of the above instruments are in like new condition.

PLUMBING

THRU-HULLS: All of the thru-hulls in the vessel are Forespar Marelon plastic that all appear to be in good working order.

BILGE PUMPS: There are six bilge pumps in the vessel: 1- Rule 3700, 1- Rule 1100, 3- Rule 500's all pumps have float switches and manual/ auto switches, all pumps are brand new.

HIGH WATER ALARM:

NOTE RECOMMENDATION: All below the waterline thru hulls have a tapered wooded plug of the appropriate size tied to the seacocks or thru hulls, to function as an emergency plugging device.

FRESH WATER SYSTEM (POTABLE WATER)

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STORAGE TANKS: There is a 50-gallon plastic water tank that appears to be in very good shape. PUMPS: There are two fresh-water pumps: one is a Jabsco 12-volt water pump, and the other is a Flojet with 5 Micron filter.

HOT WATER SYSTEM

TYPE: The hot water tank is a Force 10 6-gallon unit that is heated by the main engine and/or the 120 30-amp shore power.

PRESSURE RELIEF VALVE: There is a pressure relief valve mounted on the outside of the water tank.

HEAT EXCHANGER AND PLUMBING: The heat exchanger plumbing appears to be in very good condition at the time of survey.

WATER MAKING SYSTEM: There is a brand-new Katadyn -Power Survivor 40E, water maker mounted in the vessel. The unit is the Endurance series and is operated by 12 volt and can make 1.5 gallons per hour.

LIQUIFIED PETROLEUM GAS (LPG)

TYPE: The cooking fuel onboard is propane. There is a Force 10, propane, 2-burner stove with oven mounted in the galley.

MOUNTING: The mounting is very solid and looks to be in excellent condition. REGULATOR: The regulator and pressure gage are mounted in the propane locker in good shape. PRESSURE GAUGE: SOLONOID/PANAL & LOCATION: The solenoid pane is located in the galley.

LINES AND FITTINGS: All lines and fittings are in like new condition.

SAFETY

NUMBER AND TYPE OF PFDS: There are ten life jackets altogether: four Type I Adult offshore life jackets, and six Type II Adult offshore life jackets.

NUMBER OF THROW ABLE PFDS: There are two throw able life rings and a Man Overboard Module mounted on the aft rail. FIRE EXTINGUISHERS: There are two Kidde dry-chemical fire extinguishers, and they are 7-pound units that look to be up-to-date and in good shape.

SAFETY ,cont:

SOUND DEVICES: There are handheld air horns that are stored in the navigation station, and a bell and a whistle.

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NAVIGATION LIGHTS: INLAND NAVIGATION RULE BOOK: “NO OIL DISCHARGE” PLACARD: The “No Oil Discharge” placard is mounted. WASTE MANAGEMENT PLAN (over 40): The Waste Management Plan is mounted.

AUXILIARY SAFETY EQUIPMENT: BILGE WATER ALARM & SAFETY SWITCHES: VISUAL DISTRESS SIGNALS/FLARES: There is an Olin pistol flare kit and handheld flares stored in the interior of the main salon.

FIXED FIRE EXTINGUISHING SYSTEM (HALON TYPE): SEARCHLIGHT: There is an Optima 2-million candlepower 12-volt searchlight that can be plugged in at the helm station. The searchlight is in good working order. FIRST AID KIT: The first aid kit is an Offshore Extensive first aid kit that looks to be in very good shape.

GROUND TACKLE

TYPE & # OF ANCHORS: There is a 45-pound plow anchor, and a 60-pound Bruce Anchor onboard. The plow anchor is mounted on the bow, and the Bruce anchor is stored in the lazarette.

CHAIN AND RODE: There is 100-foot of 3/8ths galvanized chain, and 200-foot of ¾ 3-strand nylon anchor rode.

EMERGENCY ANCHORS: There is an emergency aluminum Fortress anchor.

SEA DROUGHS:

MISCELLANEOUS: RIGGING & SAILS

MAST: The mast is a custom carbon mast that looks to be in excellent condition. It is a very high-tech mast. SPREADERS: The spreaders are all made of carbon and in excellent condition. SHROUDS AND STAYS: The shrouds and stays of the standing rigging are all 7 X 19 stainless-steel wire. BOOM: The boom is also a custom carbon boom from the same builder as the mast. The boom looks to be in very good shape. TURNBUCKLES: All of the turnbuckles appear to be in like-new condition.

TOGGLES: All of the toggles appear to be in like-new condition.

TERMINAL ENDS & TANG ENDS: All of the terminal ends appear to be in like-new condition.

RIGGING & SAILS , cont:

VANG: The vang is a custom-built Garhauer rigid vang in very good shape.

File No.: 899 (Alexandria) Kevin C. Clarke Page 16 of 17

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RUNNING RIGGING: All of the running rigging was recently purchased, and appears to be in excellent condition and all in very good working order.

SAILS

MAINSAIL: The mainsail is a Spectra mainsail that has three reefs and is fully battened, and seems to be in like-new condition.

FORESAILS: Both head sail and inner stay sail are spectra sails in excellent condition.

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RECOMMENDATIONS:

Alexandria has no recommendations as this vessel has recently had a lot of work done to her, and is in very good shape

SUMMARY & VALUATION

It is the opinion of this independent surveyor, and in consulting the BUC and NADA appraisal guides and comparable boats for sale on the various internet markets at this time, and considering the amount of upgrades, refit work and continual maintenance that Alexandria has been receiving, that it is valued at:

• Present Day Estimated Market Value (as is)………$350,000

• Estimated Replacement Value…………………………..$550,000

Alexandria is structurally and cosmetically in excellent condition. This vessel has been continuously upgraded through the years and has been kept up in Bristol fashion. Alexandria is a blue water sailing offshore Trimaran in top condition.

Kevin Clarke , RI Marine Survey. 7-3-2010

SAMSABYC, Standards CertifiedABYC, Marine Systems Certified

File No.: 899 (Alexandria) Kevin C. Clarke Page 17 of 17