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Schedule for Payments of Membership and Operations
The following schedules pertain to the initial expectations of expenses and all related costs
associated with the Live Oak Flyers Club, LLC, and the airplane(s). Two types of Membership,
a “Full Membership” or a “Limited Membership” are recognized. Payments are illustrated for
each membership type:
Full Membership
1.
Monthly Dues -- $311.56
2.
Maintenance Usage -- $24/ hour
3.
Membership Fee -- $3000 (This membership fee can be paid at $75/month over 40
months).
Limited Membership
1.
Usage Fee -- $55 per hour for Cessna 172; $65 per hour for Piper Warrior
2.
Membership Fee -- $600 (after initial down payment of $100, balance can be paid @
$25/hour used).
These schedules are to be updated annually based on costs and expense projections for maintaining the airplane(s) and the LLC.
Additional Expense Expectations:
•
Fuel
•
About 7 gal/hour
•
Present price = $ 3.90/gal
•
Instruction
•
Mark Fessler presently charges $30/hour
Limited Membership
Agreement of Live
Oak Flyers’ Club, LLC
The Membership Agreement is
in Microsoft Word format. Click
the button below to open, read,
and print.
If you experience problems
opening the document, please
contact us.