▁on ▁the ▁shore ▁of ▁Western ▁Lake ▁Er ie . ▁ ▁History ▁ ▁North ▁Cape ▁Y acht ▁Club ▁was ▁founded ▁in ▁ 1 9 6 2 ▁after ▁several ▁members ▁of ▁the ▁To led o ▁Y acht ▁Club , ▁fr ustr ated ▁because ▁of ▁the ▁too ▁long ▁tre k ▁from ▁Ma ume e ▁Bay ▁to ▁the ▁racing ▁ven ue ▁for ▁their ▁Drag ons ▁in ▁the ▁open ▁waters ▁of ▁Lake ▁Er ie , ▁found ▁a ▁new ▁location ▁where ▁the ▁Dragon ▁fleet ▁could ▁be ▁mo ored ▁closer ▁to ▁deep - water ▁sail ing . ▁The ▁new ▁site ▁was ▁a ▁lake front ▁property ▁near ▁the ▁mouth ▁of ▁South ▁Ot ter ▁Creek ▁that ▁was ▁then ▁a ▁du ck ▁mar sh ▁and ▁the ▁rem n ants ▁of ▁the ▁old ▁To led o ▁Beach ▁Am usement ▁Park . ▁The ▁initial ▁le ase ▁was ▁signed ▁December ▁ 1 4 , ▁ 1 9 6 1 , ▁and ▁the ▁club ▁formed . ▁In ▁ 1 9 7 1 , ▁the ▁club ▁purchased ▁the ▁previously ▁le ased ▁site ▁for ▁$ 1 2 5 , 0 0 0 ▁with ▁the ▁proceed s ▁of ▁b onds ▁sold ▁to ▁its ▁members . ▁Sign ific ant ▁exp ans ions ▁of ▁the ▁club house ▁occurred ▁in ▁ 1 9 7 4 ▁and ▁ 1 9 8 4 . ▁ ▁Reg att as ▁ ▁The ▁club ▁hosted ▁recently ▁the ▁following ▁compet itions : ▁North ▁American ▁Championships ▁ 2 0 0 2 ▁Th ist le ▁ 2 0 0 4 ▁Finn ▁ 2 0 1 1 ▁Light ing ▁and ▁J /