Leaks in starboard genoa track area

Mar 31, 2017
7
Catalina 27 2633 Racine, WI
This picture is taken from below of a leak in one of the bolts of the starboard genoa track. I am planning to re-bed the entire track with butyl....but my main concern is the condition of the fiber glass. Is there anything to be concerned with? Or anything I can do for this area? I've included a few pictures to give everyone an idea of what I'm talking about. Thanks for helping a newbie boat owner!
genoa 1.png
genoa 1.png
genoa 2.png