Aero Estates Airpark

Developer's Update - May 2008

	We made a lot of improvements around Aero Estates Airpark in 2007 and we finally got our FAA airport identifier in May '07! Aero Estates Airpark (TX27) has been added to the Fort Worth Center database/display as of December 2007. I am very please at the huge improvements to the landscaping that has been made and the progress we have made on the development side in 2007. We have a lot more to do in 2008 and are expected to have all the roads paved at Aero Estates Airpark by the end of summer 2008! I will keep you informed of our development plans and our current focus through the Property Association channels. 2007 Wrap: In April 2007, we began to improve our runway surface by adding 69 loads of topsoil, Bermuda seed and fertilizer. The runway surface is now a lot smoother and the Bermuda seed has established itself well. With the help of some much needed rain and some help from some of our property owners, the runway seems to be in good order. In May 07, we began our runway lighting system project which was led by our property owners Tim Bryan & Richard Huff and it turned out to be a huge success! Thank you to Tim & Richard and everyone else that participated in that huge and labor intensive project. We now have a pilot controlled lighting system (PCL) as well as a lighted windsock. Ray Hoffmaster fabricated improvements to our windsock and thanks to Ray, we now have a lighted windsock that is linked up to the PCL and is easily maintainable. In the fall we installed a Visual Landing System (VLS) next to RWY 09 that will be a great asset to the airpark. Please keep in mind that due to approach obstructions to RWY 9 that our Visual Landing System (VLS) is set at a 3.8 degree angle, which is a little steeper than the normal 3 degree angle of approach. We sold 31 lots in 2007 and had an additional 40 lots surveyed on the south part of the property. In June, we began cutting in new roads and taxiways, emplacing culverts and trimming trees that were encroaching on roads, taxiways and the runway. I'm sure that you have noticed that we cut back the trees 15 feet on both sides of the runway at the center. I think the added 30 feet or so that we have provided between the trees along the runway will add to the safety aspect. Due to safety concerns we temporarily blocked off a few roads and taxiways that lead to the runway. We want to restrict all vehicle access from gaining entrance to the runway until we can install a perimeter fence around Aero Estates. In all, 2007 was a great year in terms of airpark improvements and we will continue to push forward in 2008 to provide accommodations for future property owners and focus on the security/liability aspects to the airpark. Development plans for 2008 will be based on property sales. As of April 2008 we have sold nine lots and that is a great start! We are planning to pave all the roads on the airpark with chip seal by the end of summer or sooner, we continue to focus on developing new roads and taxiways for future growth, and we will continue to improve the runway and current taxiway grass surfaces being used. In fact, David Groome (Director of Operations) fertilized the runway and taxiways in late February and rolled the runway and taxiways in April. We will plan to roll the runway and taxiway grass surfaces twice in the spring and twice in the fall. For your security, we plan to place a perimeter fence placed around the property. We are considering many options and your input is welcomed. We are also looking into planting trees along the perimeter roads and hopefully, we can begin the runway sprinkler project for the runway towards the end of the year. We continue to work with the city to improve our water delivery plan, electrical plan and with the Post Master to meet the needs of a growing community. We will also continue to work with our FAA consultant and the Property Owners Association (POA) to keep them updated on our development plans and ideas to solicit their input. We will continue to ask for suggestions from our property owners to make our planned development a combined effort and better place to live for the Aero Estates Airpark community. I am very excited to witness our property owners building their dream homes and weekend getaways. As our airpark grows, I look forward to providing both current and future owners with continued development and property improvements to our unique community. The 2007 year began very exciting in terms of sales, growth and continued development. We are positive that this trend will continue in 2008, as our airpark community flourishes. I hope to see you out at Aero Estates Airpark soon! Best Regards, Robert Huber Owner/Developer Aero Estates LP

Aero Estates Airpark ● Frankston, TX ● (903) 372-5109 ● FAA ID TX27