§ 93.105 STANDARDS FOR ALL FLYING CLUBS.
   The following requirements pertain to all flying clubs desiring to base their aircraft on the airport and be exempt from the minimum standards.
   (A)   Each club must be a non-profit corporation or partnership. Each member must be a bona fide owner of the aircraft or a stockholder in the corporation. The club may not derive greater revenue from the use of its aircraft than the amount necessary for the actual use of operation, maintenance, and replacement of its aircraft. The club will file and keep current with the Airport Manager a complete list of the club’s membership and investment share held by each member.
   (B)   The club’s aircraft will not be used by other than bona fide members for rental and by no one for commercial operations. Student instruction can be given in club aircraft to club members provided such instruction is given by a lessee based on the airport who provides flight training or by an instructor who is a member of the club and who shall not receive remuneration in any manner for such service.
   (C)   In the event that the club fails to comply with these conditions, the Airport Manager will notify the club in writing of such violations. If the club fails to correct the violations in 15 days, the Airport Manager may take any action deemed advisable by the city.
   (D)   Each aircraft owned by the flying club must have aircraft liability insurance coverage for the following amounts.
      (1)   Aircraft liability, bodily injury: $100,000 each person, $300,000 each accident.
      (2)   Property damage: $100,000 each accident.
(Ord. 2178, passed 12-13-78) Penalty, see § 93.999