There were only 6 OTY attendees this year, and two of those were already coming to the banquet regardless of OTY, so the club swallowed the cost of 4 meals, not 10. Actually, one of them didnt even eat.
The other 4 people at the table were nothing to do with OTY.

If that was a criteria in the BoD decision, maybe they should have got the facts straight first.

Having it on the bourse floor, during 'working hours' means you are unlikely to have any of the proper OTY 'reps' show up at all.