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<DIV><FONT face=Arial size=2>I'm still having trouble justifying the cost with
our numbers. I can fly 976 for $115 or $120 per hour...I can't remember
what the exact price is. I fly approx. 25 hours per year(I'd like to do
more and I know that's where the savings is). So at $120 per hour, 25
hours the yearly cost is: $3000. 081 will cost me 60/mo + 65 per hour(2
hrs/month) + 1500 up front = 4500 for the first year, and then $3125/yr after
that. I know it's only $1500 + $125 per year, but it's still going to cost
me more, and the goal in researching the club was to find a way to fly for less
money. Another option...you can rent a cub in hampton for $80/hr., no
upfront costs involved.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Keep me on the list, as I would really like to
offer help, but I'm going to say no at this point.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Thanks,</FONT></DIV>
<DIV><FONT face=Arial size=2>Mike</FONT></DIV>
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=steve@media-phile.com href="mailto:steve@media-phile.com">Steve
Gordon</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=eefc-core@workingcode.com
href="mailto:eefc-core@workingcode.com">'Eagle East Flying Club Core Team'</A>
</DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Thursday, April 16, 2009 2:17
AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> RE: 081 calculations</DIV>
<DIV><BR></DIV>
<DIV class=Section1>
<P class=MsoNormal><SPAN style="COLOR: #1f497d">I vote yes on 081 at this cost
structure.<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="COLOR: #1f497d"><o:p> </o:p></SPAN></P>
<DIV>
<DIV
style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: #b5c4df 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 3pt; BORDER-BOTTOM: medium none">
<P class=MsoNormal><B><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Tahoma','sans-serif'">From:</SPAN></B><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Tahoma','sans-serif'"> <A
href="mailto:eefc-core-bounces@workingcode.com">eefc-core-bounces@workingcode.com</A>
[mailto:eefc-core-bounces@workingcode.com] <B>On Behalf Of </B>Bob
Irving<BR><B>Sent:</B> Wednesday, April 15, 2009 11:21 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">Ok –
correction<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">15
members<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="COLOR: #1f497d">Initial cost=
1500<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="COLOR: #1f497d">Monthly =
60<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="COLOR: #1f497d">Hourly =
65<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>
<P class=MsoNormal><SPAN style="COLOR: #1f497d">I’m not sure that everyone has
your latest version of the spreadsheet but it’s easy to correct. Your version
also assumes we will go the full 400 hrs before needing a new
engine.<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="COLOR: #1f497d"><o:p> </o:p></SPAN></P>
<DIV>
<DIV
style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: #b5c4df 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 3pt; BORDER-BOTTOM: medium none">
<P class=MsoNormal><B><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Tahoma','sans-serif'">From:</SPAN></B><SPAN
style="FONT-SIZE: 10pt; 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
style="MARGIN-LEFT: -1.15pt; WIDTH: 214pt; BORDER-COLLAPSE: collapse"
cellSpacing=0 cellPadding=0 width=285 border=0>
<TBODY>
<TR style="HEIGHT: 12.75pt">
<TD
style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 5.4pt; BACKGROUND: lime; PADDING-BOTTOM: 0in; BORDER-LEFT: windowtext 1pt solid; WIDTH: 145pt; PADDING-TOP: 0in; BORDER-BOTTOM: medium none; HEIGHT: 12.75pt"
vAlign=bottom noWrap width=193>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Arial','sans-serif'">One Time
Cost:<o:p></o:p></SPAN></P></TD>
<TD
style="BORDER-RIGHT: windowtext 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 5.4pt; BACKGROUND: lime; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 69pt; PADDING-TOP: 0in; BORDER-BOTTOM: medium none; HEIGHT: 12.75pt"
vAlign=bottom noWrap width=92>
<P class=MsoNormal style="TEXT-ALIGN: right" align=right><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Arial','sans-serif'">$1,446.67<o:p></o:p></SPAN></P></TD></TR>
<TR style="HEIGHT: 12.75pt">
<TD
style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; BACKGROUND: lime; PADDING-BOTTOM: 0in; BORDER-LEFT: windowtext 1pt solid; WIDTH: 145pt; PADDING-TOP: 0in; BORDER-BOTTOM: medium none; HEIGHT: 12.75pt"
vAlign=bottom noWrap width=193>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Arial','sans-serif'">Monthly
Dues:<o:p></o:p></SPAN></P></TD>
<TD
style="BORDER-RIGHT: windowtext 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; BACKGROUND: lime; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 69pt; PADDING-TOP: 0in; BORDER-BOTTOM: medium none; HEIGHT: 12.75pt"
vAlign=bottom noWrap width=92>
<P class=MsoNormal style="TEXT-ALIGN: right" align=right><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Arial','sans-serif'">$50.63<o:p></o:p></SPAN></P></TD></TR>
<TR style="HEIGHT: 13.5pt">
<TD
style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; BACKGROUND: lime; PADDING-BOTTOM: 0in; BORDER-LEFT: windowtext 1pt solid; WIDTH: 145pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid; HEIGHT: 13.5pt"
vAlign=bottom noWrap width=193>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Arial','sans-serif'">Rate Per
Hour:<o:p></o:p></SPAN></P></TD>
<TD
style="BORDER-RIGHT: windowtext 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; BACKGROUND: lime; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 69pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid; HEIGHT: 13.5pt"
vAlign=bottom noWrap width=92>
<P class=MsoNormal style="TEXT-ALIGN: right" align=right><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Arial','sans-serif'">$60.30<o:p></o:p></SPAN></P></TD></TR></TBODY></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-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: #b5c4df 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 3pt; BORDER-BOTTOM: medium none">
<P class=MsoNormal><B><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Tahoma','sans-serif'">From:</SPAN></B><SPAN
style="FONT-SIZE: 10pt; 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>
<P>
<HR>
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