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<DIV><FONT face=Arial size=2>Hello all,</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2> FYI... there is a 1974 172M for
sale on Ebay (item number 200327650509) that is supposedly IFR. High TT and
engine is also at TBO but thought it might interest you to use as a comparison
to 081 or 976. I'm not suggesting this would be an alternative, just
something to use as a reference... </FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Thanks, Bob McAloon</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> Friday, April 17, 2009 9:20
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> RE: buy in calculation</DIV>
<DIV><BR></DIV>
<DIV class=Section1>
<P class=MsoNormal><SPAN style="COLOR: #1f497d">I’m sure it is different for
each individual. As a guess, anything over $100/month may start making
the majority of prospective members start thinking twice. My point is
that $176/month is probably about as prohibitive as a $1,450 buy-in, so why
incur the risk associated with an overhaul needed before the 12 months is
up?<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> Friday, April 17, 2009 8:41 PM<BR><B>To:</B> 'Eagle
East Flying Club Core Team'<BR><B>Subject:</B> RE: buy in
calculation<o:p></o:p></SPAN></P></DIV></DIV>
<P class=MsoNormal><o:p> </o:p></P>
<P class=MsoNormal><SPAN style="COLOR: #1f497d">What do you think the monthly
dues upper limit is ???<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> Friday, April 17, 2009 8:34
PM<BR><B>To:</B> 'Eagle East Flying Club Core Team'<BR><B>Subject:</B> RE: buy
in calculation<o:p></o:p></SPAN></P></DIV></DIV>
<P class=MsoNormal><o:p> </o:p></P>
<P class=MsoNormal><SPAN style="COLOR: #1f497d">Not only is that risky, but
it’s nearly as prohibitive as the upfront buy-in. $176/month is a whole
different ballgame than $55/month – it’s more than double. If anything
I’d build it into the hourly rate, but that would mean an additional $30/hr
for the first 400 (hopefully) hours. However, that’s very close to
rental rates which might just as easily turn members
off.<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">-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> Friday, April 17, 2009 8:20
PM<BR><B>To:</B> 'Eagle East Flying Club Core Team'<BR><B>Subject:</B> buy in
calculation<o:p></o:p></SPAN></P></DIV></DIV>
<P class=MsoNormal><o:p> </o:p></P>
<P class=MsoNormal>Just throwing this out there …..<o:p></o:p></P>
<P class=MsoNormal><o:p> </o:p></P>
<P class=MsoNormal>It occurs to me that if $1450 buy-in is the deal killer for
most people (I’m sure it will) – should we risk collecting the DP and the
engine reserve on a monthly basis ? In other words – should we let some
members pay their $1450 over a twelve month period ? That means they pay
$121 per month reserve, $55 per month dues and $60 per hour to fly.
Monthly outlay becomes $176 and hourly rate is $60. Risky if our plane
does not go to TBO or if we use up the remaining 400 hrs in less than a
year. <o:p></o:p></P>
<P class=MsoNormal><o:p> </o:p></P>
<P class=MsoNormal>If we continued the same numbers in year 2 we would build
up substantial cash for additional equipment. <o:p></o:p></P>
<P class=MsoNormal><o:p> </o:p></P>
<P class=MsoNormal>Bob<o:p></o:p></P>
<P class=MsoNormal><o:p> </o:p></P>
<P class=MsoNormal><o:p> </o:p></P></DIV>
<P>
<HR>
<P></P>_______________________________________________<BR>eefc-core mailing
list<BR>eefc-core@workingcode.com<BR>https://www.workingcode.com/mailman/listinfo/eefc-core<BR></BLOCKQUOTE></BODY></HTML>