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<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>Over
the last several weeks a small group of us have had meetings and spirited email
discussion about forming a flying club. We have made some progress and we
have investigated a number of options including the possible purchase of a 172
from Eagle East. No decisions have been made yet. Our goal is to
determine all of the startup costs/operating costs and come up with a plan
so that everyone can understand the commitment. At this point we still
have much work to do and I do not have concrete numbers to share with you. But
I do want all to know that we remain eager to try to get a flying club off the
ground (pun intended). If you would like to participate in the discussions,
let me know by reply to this email. Thanks and thanks to Tim and Sean for their
help and support.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>Bob
Irving<o:p></o:p></span></font></p>
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<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
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