<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:x="urn:schemas-microsoft-com:office:excel" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=us-ascii">
<meta name=Generator content="Microsoft Word 12 (filtered medium)">
<style>
<!--
/* Font Definitions */
@font-face
        {font-family:"Cambria Math";
        panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
        {font-family:Calibri;
        panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
        {font-family:Tahoma;
        panose-1:2 11 6 4 3 5 4 4 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
        {margin:0in;
        margin-bottom:.0001pt;
        font-size:11.0pt;
        font-family:"Calibri","sans-serif";}
a:link, span.MsoHyperlink
        {mso-style-priority:99;
        color:blue;
        text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
        {mso-style-priority:99;
        color:purple;
        text-decoration:underline;}
p.MsoAcetate, li.MsoAcetate, div.MsoAcetate
        {mso-style-priority:99;
        mso-style-link:"Balloon Text Char";
        margin:0in;
        margin-bottom:.0001pt;
        font-size:8.0pt;
        font-family:"Tahoma","sans-serif";}
span.BalloonTextChar
        {mso-style-name:"Balloon Text Char";
        mso-style-priority:99;
        mso-style-link:"Balloon Text";
        font-family:"Tahoma","sans-serif";}
span.EmailStyle19
        {mso-style-type:personal;
        font-family:"Calibri","sans-serif";
        color:windowtext;}
span.EmailStyle20
        {mso-style-type:personal;
        font-family:"Calibri","sans-serif";
        color:#1F497D;}
span.EmailStyle21
        {mso-style-type:personal;
        font-family:"Calibri","sans-serif";
        color:#1F497D;}
span.EmailStyle22
        {mso-style-type:personal-reply;
        font-family:"Calibri","sans-serif";
        color:#1F497D;}
.MsoChpDefault
        {mso-style-type:export-only;
        font-size:10.0pt;}
@page Section1
        {size:8.5in 11.0in;
        margin:1.0in 1.0in 1.0in 1.0in;}
div.Section1
        {page:Section1;}
-->
</style>
<!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
</head>
<body lang=EN-US link=blue vlink=purple>
<div class=Section1>
<p class=MsoNormal><i><span style='color:#1F497D'>Are you including 20,000 for
engine overhaul?<o:p></o:p></span></i></p>
<p class=MsoNormal><span style='color:#1F497D'>Yes - $16,000 upfront to cover
the 1,600 SMOH, and $10/hr thereafter.<o:p></o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p>
<p class=MsoNormal><i><span style='color:#1F497D'>Are you using 8.5% interest
and 15% down payment?<o:p></o:p></span></i></p>
<p class=MsoNormal><span style='color:#1F497D'>Yes<o:p></o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p>
<p class=MsoNormal><i><span style='color:#1F497D'>Are you using 5 year term ?<o:p></o:p></span></i></p>
<p class=MsoNormal><span style='color:#1F497D'>Yes<o:p></o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p>
<p class=MsoNormal><i><span style='color:#1F497D'>Are you using 1020 for tie
down ?<o:p></o:p></span></i></p>
<p class=MsoNormal><span style='color:#1F497D'>Using $1,000, but close enough.<o:p></o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p>
<p class=MsoNormal><i><span style='color:#1F497D'>Are you using 1,000 for
regular maintenance ?<o:p></o:p></span></i></p>
<p class=MsoNormal><span style='color:#1F497D'>I have $1,500/year for annual.
Is that $1,000 in addition to the annual? Is that yearly or monthly in your
calculation?<o:p></o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span
style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>
eefc-core-bounces@workingcode.com [mailto:eefc-core-bounces@workingcode.com] <b>On
Behalf Of </b>Bob Irving<br>
<b>Sent:</b> Wednesday, April 15, 2009 10:52 PM<br>
<b>To:</b> 'Eagle East Flying Club Core Team'<br>
<b>Subject:</b> RE: 081 calculations<o:p></o:p></span></p>
</div>
</div>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal><span style='color:#1F497D'>Are you including 20,000 for
engine overhaul?<o:p></o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'>Are you using 8.5% interest and
15% down payment?<o:p></o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'>Are you using 5 year term ?<o:p></o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'>Are you using 1020 for tie down
?<o:p></o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'>Are you using 1,000 for regular
maintenance ?<o:p></o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span
style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>
eefc-core-bounces@workingcode.com [mailto:eefc-core-bounces@workingcode.com] <b>On
Behalf Of </b>Steve Gordon<br>
<b>Sent:</b> Wednesday, April 15, 2009 10:39 PM<br>
<b>To:</b> 'Eagle East Flying Club Core Team'<br>
<b>Subject:</b> RE: 081 calculations<o:p></o:p></span></p>
</div>
</div>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal><span style='color:#1F497D'>I got different numbers from the
spreadsheet. See attached (at 15 members). The numbers I came up
with (not rounded) are as follows:<o:p></o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=285
style='width:214.0pt;margin-left:-1.15pt;border-collapse:collapse'>
<tr style='height:12.75pt'>
<td width=193 nowrap valign=bottom style='width:145.0pt;border-top:solid windowtext 1.0pt;
border-left:solid windowtext 1.0pt;border-bottom:none;border-right:none;
background:lime;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>One
Time Cost:<o:p></o:p></span></p>
</td>
<td width=92 nowrap valign=bottom style='width:69.0pt;border-top:solid windowtext 1.0pt;
border-left:none;border-bottom:none;border-right:solid windowtext 1.0pt;
background:lime;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'>
<p class=MsoNormal align=right style='text-align:right'><span
style='font-size:10.0pt;font-family:"Arial","sans-serif"'>$1,446.67<o:p></o:p></span></p>
</td>
</tr>
<tr style='height:12.75pt'>
<td width=193 nowrap valign=bottom style='width:145.0pt;border:none;
border-left:solid windowtext 1.0pt;background:lime;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Monthly
Dues:<o:p></o:p></span></p>
</td>
<td width=92 nowrap valign=bottom style='width:69.0pt;border:none;border-right:
solid windowtext 1.0pt;background:lime;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal align=right style='text-align:right'><span
style='font-size:10.0pt;font-family:"Arial","sans-serif"'>$50.63<o:p></o:p></span></p>
</td>
</tr>
<tr style='height:13.5pt'>
<td width=193 nowrap valign=bottom style='width:145.0pt;border-top:none;
border-left:solid windowtext 1.0pt;border-bottom:solid windowtext 1.0pt;
border-right:none;background:lime;padding:0in 5.4pt 0in 5.4pt;height:13.5pt'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Rate
Per Hour:<o:p></o:p></span></p>
</td>
<td width=92 nowrap valign=bottom style='width:69.0pt;border-top:none;
border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
background:lime;padding:0in 5.4pt 0in 5.4pt;height:13.5pt'>
<p class=MsoNormal align=right style='text-align:right'><span
style='font-size:10.0pt;font-family:"Arial","sans-serif"'>$60.30<o:p></o:p></span></p>
</td>
</tr>
</table>
<p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'>-Steve<o:p></o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span
style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>
eefc-core-bounces@workingcode.com [mailto:eefc-core-bounces@workingcode.com] <b>On
Behalf Of </b>Bob Irving<br>
<b>Sent:</b> Wednesday, April 15, 2009 9:31 PM<br>
<b>To:</b> 'Eagle East Flying Club Core Team'<br>
<b>Subject:</b> 081 calculations<o:p></o:p></span></p>
</div>
</div>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>In very round numbers 081 would cost as follows; This
assumes we plan for a 20,000 overhaul very soon… probably within the first
year.<o:p></o:p></p>
<p class=MsoNormal>Please carefully check my numbers using the calculator and
let me know if you are interested or not interested. No sense prolonging the
agony or speculating. <o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>10 members<o:p></o:p></p>
<p class=MsoNormal>Initial = 2600<o:p></o:p></p>
<p class=MsoNormal>Monthly = 100<o:p></o:p></p>
<p class=MsoNormal>Hourly = 75<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>15 members<o:p></o:p></p>
<p class=MsoNormal>Initial = 1800<o:p></o:p></p>
<p class=MsoNormal>Monthly = 70<o:p></o:p></p>
<p class=MsoNormal>Hourly = 75<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
</div>
</body>
</html>