If you decide to laminate...It does not have to be epoxy to be very strong. I made a joint out of Gorilla glue once... then went and whacked the piece agains a tree until it failed. The fail was not in the wood joint. So I then went and made a curved tiller by alternating four strips of differing woods. It turnd out very nice. Gorilla glue requires clamping to get a good joint but it is less toxic to work with than Epoxy. Don't get me wrong though. I think epoxy is magic stuff. I have even used JB weld on an oil pan in my truck once.Yup.
In this case original design was fine other than needing better sealing.
The oak would apparently meet the requirement. Based on both past history of the previous part, and the reputation of the designers of the boat.
The question isn't if solid oak is good for the job, but if the act of laminating 3 pieces together with epoxy meets the same requirement, without introducing a point of failure.
That may be obvious to you but it may not be to others.
I myself realize that with solid wood, due to factors like grain and moisture content, it can result in 2 different pieces having different stability. Anyone who has done basic woodworking knows that solid wood is prone to cupping, twisting. Whereas laminated wood can reduce that.
In this case...Having never laminated wood with epoxy before, I don't know if the resulting benefit of "balanced strength" has any drawbacks in other ways that come into play here.
If you want a glue that is even less messy and toxic, go with Tightbond III. It has passed some rigorous testing and is great stuff if you use it correctly.