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<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>Mike –
this proposal assumes Eagle East is the bank so there is no personal liability.
Im going to record your vote as “no” on 976.<o:p></o:p></span></font></p>
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style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>Bob<o:p></o:p></span></font></p>
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style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></font></p>
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<p class=MsoNormal><b><font size=2 face=Tahoma><span style='font-size:10.0pt;
font-family:"Tahoma","sans-serif";font-weight:bold'>From:</span></font></b><font
size=2 face=Tahoma><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>
eefc-core-bounces@workingcode.com [mailto:eefc-core-bounces@workingcode.com] <b><span
style='font-weight:bold'>On Behalf Of </span></b>mike.lysik@comcast.net<br>
<b><span style='font-weight:bold'>Sent:</span></b> Wednesday, April 15, 2009
12:01 PM<br>
<b><span style='font-weight:bold'>To:</span></b> Eagle East Flying Club Core
Team<br>
<b><span style='font-weight:bold'>Subject:</span></b> Re: 976 price<o:p></o:p></span></font></p>
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<p><font size=3 color=black face=Arial><span style='font-size:12.0pt;
font-family:"Arial","sans-serif";color:black'>So we need to come up with $33k,
then pay off an additional 17k. If this is going to work, as we already
know, someone will have to step up and be "on the hook" for the $33k
loan. If that's the case, then there are other planes out there that are
nicer for less $. It doesn't seem to be as easy/nice a deal as was initially
presented to us.<o:p></o:p></span></font></p>
<p><font size=3 color=black face=Arial><span style='font-size:12.0pt;
font-family:"Arial","sans-serif";color:black'> <o:p></o:p></span></font></p>
<p><font size=3 color=black face=Arial><span style='font-size:12.0pt;
font-family:"Arial","sans-serif";color:black'>Just saw Steve's email regarding
the up front costs. If I'm going to join a flying club, I'd rather not
have such a large up front cost. I just can't justify it. As
one of us pointed out during our first meeting, one can join an existing club
at LWM for very little out of pocket. I think it was $45 per month and
$75-$99 per hour depending on which plane is used. That club may be
more restrictive than we want, but the price is more in line with what I was looking
for. <o:p></o:p></span></font></p>
<p><font size=3 color=black face=Arial><span style='font-size:12.0pt;
font-family:"Arial","sans-serif";color:black'> <o:p></o:p></span></font></p>
<p><font size=3 color=black face=Arial><span style='font-size:12.0pt;
font-family:"Arial","sans-serif";color:black'>Mike<o:p></o:p></span></font></p>
<p style='margin-bottom:12.0pt'><font size=3 color=black face=Arial><span
style='font-size:12.0pt;font-family:"Arial","sans-serif";color:black'><br>
----- Original Message -----<br>
From: "Bob Irving" <rhirving@verizon.net><br>
To: "Eagle East Flying Club Core Team"
<eefc-core@workingcode.com><br>
Sent: Wednesday, April 15, 2009 10:15:44 AM GMT -05:00 US/Canada Eastern<br>
Subject: 976 price<o:p></o:p></span></font></p>
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<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><font
size=2 color=black face=Calibri><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:black'>Spoke to Tim this morning. The 50k price tag on 976 would require
a down payment from the club sufficient to pay off the note (about 18,000) plus
the cost of engine from Penn Yan (about 15,000) leaving a balance of 17,000
that Eagle East will finance. No details on rate and/or term.</span></font><font
color=black><span style='color:black'><o:p></o:p></span></font></p>
<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><font
size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'> <o:p></o:p></span></font></p>
<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><font
size=2 color=black face=Calibri><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:black'>So far only two of you have commented. Please provide some
input – we need to arrive at a consensus on this. Thanks.</span></font><font
color=black><span style='color:black'><o:p></o:p></span></font></p>
<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><font
size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'> <o:p></o:p></span></font></p>
<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><font
size=2 color=black face=Calibri><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:black'>Bob</span></font><font color=black><span style='color:black'><o:p></o:p></span></font></p>
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<p class=MsoNormal><font size=3 color=black face=Arial><span style='font-size:
12.0pt;font-family:"Arial","sans-serif";color:black'><br>
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eefc-core@workingcode.com https://www.workingcode.com/mailman/listinfo/eefc-core
<o:p></o:p></span></font></p>
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