NOTE: CHANGES TO THE PREVIOUS YEAR'S APPENDIX A ARE NOTED IN RED TYPE.
Central Ohio Flyers Assoc (COFA INC)

Appendix A.
Effective date Feb 1, 1999 Supersedes Appendix A, dated Jun 1, 1998
Revised November 18, 2001
Revised September 2002
Revised January 2003
Revised January 2004
Revised November 2005
Revised November 2006
　
The following values, numbers, and/or amounts shall be reviewed, as required by Article 3, Section I, by the Board of Trustees, and amended as necessary. A copy of this Appendix shall be submitted to all Active Members as stipulated in Article 3, Section I.
　
Article II, Section A (Initial Investment for Membership)
Initial Investment............................................$2000.00
Processing fee................................................$25.00
　
Article II, Section C2 (Inactive Membership)
Minimum length of inactivity..................................1 year
(or less with majority approval of Board of Trustees)
　
Article II, Section C3 (Family Membership)
Yearly fee for each dependent (assessed in February bill).....$100.00
　
Article II, Section D
Maximum Number of "Active Members"............................50
　
Article II, Section H1 (Dissatisfaction or Change-of-Mind Refund)
Having joined within..........................................60 days
Refund percentage.............................................90%
　
Article II, Section H2 (Probationary Period Refund)
Having joined within..........................................60 days
Refund percentage.............................................100%
　
Article II, Section H3 (Hardship Refund)
Having joined within..........................................180 days
Refund percentage.............................................90%
　
Article II, Section H4 (Normal Refund)
Effective 2/1/2005
Having Joined beyond..........................................1 Year
Refund Percentage.............................................100%
Until 2/1/2005 or if less than 1 year membership
Having joined beyond..........................................60 days
Refund Percentage.............................................60%
　
Article III, Section F (Short-range/long-range goals)
　
Long-range:
Back-up vacuum all aircraft
CO Detectors
　
Article V, Section E (Compensation of Officers)
President.........................Bill Ash .................no compensation
Vice-President....................Bill Hamm ................no compensation
Past President....................Lynn Coriell..............no compensation
Trustee 1st year..................Jim Stoops................no compensation
Trustee 1st year..................Bob Miller................no compensation
Trustee 2nd year..................Frank Cracraft............no compensation
Trustee 2nd year..................Ken Rider.................no compensation
Secretary.........................Frank Cracraft............no compensation
Treasurer.........................Bill Hamm.................Monthly Dues plus Assessments
Chief Maintenance Officer.........Bob Miller................$15.00/hour
Members assisting on Maintenance............................$15.00/hour
Safety Officer....................Ken Rider.................no compensation
Scheduling Administrator..........Bill Ash..................no compensation
Web Page Editor...................Ilsub Jung................no compensation
COFANET Administrator.............Dave Pickenpaugh..........no compensation
 
Article VI, Section A1
Monthly Dues......................................................$50.00
　
Article VI, Section A2
Monthly Equipment Assessment charge...............................$50.00
　
Article VI, Section A4
Aircraft Usage "Dry-Time" charges (based on tachometer time)
C172(N64333)......................................................$31.00/hr Changed June 10, 2004
C172(N4869G)......................................................$31.00/hr Trustee Meeting
C182..............................................................$45.00/hr
　
Article VI, Section A5
Fuel usage rate charges (based on tachometer time)
C172..............................................................9 GPH
C182..............................................................14 GPH
　
Fuel cost per gal - Current OSU Airport price at time of billing.
　
--- Fuel purchase rebate program (KATS) ---
KATS (Keep All The Savings) is designed to encourage members to top-off at outlying airports where fuel charges are less than our home base airport. If the charge per gallon is less than OSU's, a KATS rebate applies. If the charge per gallon is more than OSU's, a member may only deduct the equivalent OSU fuel charge. You receive full credit at OSU rates per gallon for fuel purchased at an FBO other than OSU. To receive KATS credit for fuel purchases at FBOs other than OSU, add the gallons from all receipts presented for credit. The fuel credit is calculated by multiplying the total gallons from all receipts by the current OSU Airport Fuel price per gallon that is reported on your monthly billing statement. Subtract the calculated fuel credit from your monthly payment. Submit copies of the receipts with your payment.
　
Article VI, Section A7
Late Payment Fee (carrying charge)..........................2%
　
Article VI, Section A8
"Non Sufficient Funds" Fee..................................$20.00
　
Article VI, Section C (Safety Incentive)..... ........To be determined
　
Article VI, Section D (Delinquent Bills)
Bills are considered delinquent when the number of monthly unpaid bills is greater than 2, OR when there exists an unpaid balance (by the first of the following month) greater than $300.00.
　
Note: When a member's bill is considered delinquent... FUTURE RESERVATION CAPABILITY WILL BE MADE UNAVAILABLE.
　
Article VII, Section A (Hull coverage minimums)
N4869G.................................................$65,000.00
N64333.................................................$60,000.00
N12BC..................................................$75,000.00
Maximum deductible to be carried........................$1,000.00
　
Article VII, Section B (BI & PD Liability minimums)
Each Person...........................................$100,000.00
Property Damage.....................................$1,000,000.00
Each Accident.......................................$1,000,000.00
　
Article VII, Section C. (Repairs away from home base)
Contact a Trustee first,when repair exceeds $400.00
　
Article VII, Section G (Medical/BFR/Checkride data)
An active member may lose reservation capability if the above information is not received by the expiration date for the respective document.
　
Article VIII, Section A (AIRCRAFT RESERVATION PARAMETERS)
Max reservations ...............................................6
Maximum in-advance scheduling............................365 days
Maximum length of reservation (once per year).....over 2 weekends
　

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COFA Bylaws Appendix A, February 01, 2001