From The President - By Pic
Dear Members, Thanks for all providing me your signatures for the reincorporation documents. I have met with our lawyer, to pass along all the signatures and to get mine notarized on the additional documents. All the paperwork is now complete. The steps remaining include taking the pleadings (for dissolution and transfer of assets) in front of the Circuit Court and publishing the request. All seems to be proceeding as planned. I received the first bill from the lawyer (it was for $1,500). As that was his estimate price when we met with him last year, I inquired if that would be the only bill or what? He did say that dissolving the benevolent corporation required more documents and steps that he anticipated. He would not charge anymore for his efforts but there would be me costs for litigator fees (the Jr lawyer who would actually running the documents in front of the judges), court costs and publication fees. He estimated those to be around $600. We'll see. I hope you've all taken a look at the club handbook I sent out earlier this month. There are copies of the handbook in the back of the flight time binders in each aircraft. They would especially be useful when trying to operate the winch or tug (for the first time) or in case of an issue outside of SUS. The Arrow annual is coming up soon (I'm sure John will have more info in his section). Though too many hands can be problematic, the annual is a perfect time to come out and see the innards of the plane and see how the various systems really work. I strongly suggest you take advantage of the opportunity. I flew to Columbia, MO (KCOU) and checked out the Skyline Cafe. It's actually located in the main terminal building (short walk from the GA parking ramp) on the second floor. It's open for breakfast and lunch only. I took my daughter for lunch. Brenda, the owner, served us up some burgers and fries and we saved room for a couple slices of her home-made pies. Happy Landings! Pic Treasurer's Report - by Mike McBride Fuel prices at TACAir took a $0.10 per gallon jump this month; that pushed the Arrow flight rate to $100 per hour, and the Skyhawk rate to $75 per hour. Flight time was moderate for the Skyhawk at just over 13 hours, and low for the Arrow at slightly over 7 hours. The insurance premium was paid this month; thanks to Chris for running down the new policy and getting us a price reduction. Escrow funds were more than adequate to cover the costs for the new policy, with about $460 going back into the treasury. Treasury and Adjusted Treasury balances are strong. Fly safely! Mike
Maintenance - by John N20843
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