<table cellspacing="0" cellpadding="0" border="0" ><tr><td valign="top" style="font: inherit;"><DIV>My vote is Yes.</DIV>
<DIV> </DIV>
<DIV>Either scenario still gives us the ability to fly a much better (and more) plane for less than what we can now. If we are optimistic, and charge ourselves an upfront initiation fee and then a fee of only $110/mo, I think that would be great.</DIV>
<DIV> </DIV>
<DIV>We have to remember that we are trying to get s flying club started (and a better flying club). So, our initial investment into it should be a little more just to get it started right, but it should get easier and cheaper as we go along and get more members and more planes.</DIV>
<DIV> </DIV>
<DIV><BR><BR>--- On <B>Sat, 5/23/09, James Carlson <I><carlsonj@workingcode.com></I></B> wrote:<BR></DIV>
<BLOCKQUOTE style="BORDER-LEFT: rgb(16,16,255) 2px solid; PADDING-LEFT: 5px; MARGIN-LEFT: 5px"><BR>From: James Carlson <carlsonj@workingcode.com><BR>Subject: straw poll update and reminder<BR>To: "Eagle East Flying Club Core Team" <eefc-core@workingcode.com><BR>Date: Saturday, May 23, 2009, 1:52 PM<BR><BR>
<DIV class=plainMail>We're still looking for responses to the straw poll that I sent out on<BR>Thursday:<BR><BR> <A href="http://www.workingcode.com/pipermail/eefc-core/2009-May/000243.html" target=_blank>http://www.workingcode.com/pipermail/eefc-core/2009-May/000243.html</A><BR><BR>Please don't forget to weigh in as soon as possible, even if you're<BR>not planning to join at this time. A simple "yes" or "no" will do.<BR>I'd like to wrap this up early next week so that we can get a message<BR>out to the rest of the prospective members -- and so that we can start<BR>moving on that nice airplane. It might not last!<BR><BR>So far, we've got two "yes" and one "maybe" vote. I was talking<BR>off-list with one of the participants who suggested a slightly<BR>different plan to offer. It includes a non-refundable[1] buy-in of<BR>$400, and uses low-side estimates to get the monthly dues down to<BR>$110, relying on that buy-in to
provide a cushion in case the low-side<BR>numbers are wrong. It also turns that "maybe" into a "yes." The<BR>updated spreadsheet (showing both options) is here:<BR><BR> <A href="http://www.workingcode.com/eefc/spreadsheet-jdc.xls" target=_blank>http://www.workingcode.com/eefc/spreadsheet-jdc.xls</A><BR><BR>If that change (from $175 to $110 per month) makes a difference in how<BR>you'd vote, please do comment on that in your reply. (The total<BR>savings in the first year for each member would be $380, primarily<BR>coming out of those lower cost estimates.)<BR><BR>Either way, the plan would be to run the club for one year under this<BR>scheme, and then re-evaluate the financial situation based on actual<BR>expenses and reserves required in a member's meeting. We would then<BR>have to agree to modify dues up or down as needed to maintain a<BR>solvent club. (The spreadsheet should be helpful in doing "what if"<BR>tests to
see how those changes might come out.)<BR><BR>1. The "non-refundable" part is probably something that could be<BR> dealt with on a case-by-case basis if members must leave the<BR> club. We may need to deal with contingency plans later.<BR><BR>-- <BR>James Carlson 42.703N 71.076W <<A href="http://us.mc1113.mail.yahoo.com/mc/compose?to=carlsonj@workingcode.com" ymailto="mailto:carlsonj@workingcode.com">carlsonj@workingcode.com</A>><BR>_______________________________________________<BR>eefc-core mailing list<BR><A href="http://us.mc1113.mail.yahoo.com/mc/compose?to=eefc-core@workingcode.com" ymailto="mailto:eefc-core@workingcode.com">eefc-core@workingcode.com</A><BR><A href="https://www.workingcode.com/mailman/listinfo/eefc-core"
target=_blank>https://www.workingcode.com/mailman/listinfo/eefc-core</A><BR></DIV></BLOCKQUOTE></td></tr></table><br>