SALVAGE BID FORM
PLEASE COMPLETE THE FORM AT THE BOTTOM OF THIS PAGE AND "SUBMIT" - so it is received in this office no later than 4:30 pm EST, Friday, June 23, 2017 .
All bids must be returned directly to AviationSalvageBids@cvstarr.com by submitting the form below or to fax # (404) 946-1497
AIRCRAFT: 1982 Mooney M20J, N1157N, s/n 24-1288
ENGINE: Lycoming IO- 360- A3136D, s/n 126-929-51E
PROPELLER: McCauley B2D34C2/4-B
APPROXIMATE TOTAL HOURS (estimated TT & TSMO from logbooks or other information):
ENGINE: **06/20/17 - storage facility advised that engine is seized.** The engine log records an Annual Inspection on 12/08/16 at TSMOH 439.8.
(The engine was submerged in salt water for a total of four tides. The engine was rinsed off and oil was drained with diesel fuel put back into it. The engine was also sprayed down with lubricant.)
PROPELLER(S): The prop log records an Annual Inspection on 12/08/16 at TSMOH 439.8.
AIRFRAME: The airframe log records an Annual Inspection on 12/08/16 at total time 2,274.4, Tach Time 2,254.4. (The airframe was submerged in salt water for a total of four tides. It received a fresh water rinse after retrieval.)
OTHER EQUIPMENT: SUBMERGED IN SALT WATER FOR EXTENDED TIME - **06/20/17 Storage facility advised there is visible evidence of salt water corrosion.**
Full Garmin ADS B In/Out Package (GTX 330 ES Transponder, GDL 88)
Avidyne /FD 540 GPS (Recent Upgrade)
Garmin GMA 340 Audio Panel
JPI EDM 900 (Engine Analyzer) (Recent Upgrade)
King KAP 150 Two -Axis Autopilot w/electric trim and CWS
Icarus SAM GPSS (Third Axis)
King KX 165 Nav/Com, King Kl 208 VOR/LOC Indicator with GS
King KCS 55A HSI~ Slaved
King KG 258 Attitude Indicator
DESCRIPTION OF ACCIDENT: On 03/28/17, N1157N landed in the salt water off the departure end of the runway at Cedar Key Airport, Florida.
DESCRIPTION OF DAMAGES: The aircraft was almost completely submerged in salt water through a total of four high tides, where the waterline was two inches below the cabin headliner.
Damage also includes but may not be limited to the propeller, nose gear doors, both main gear doors, and to the right wing.
LOCATION OF AIRCRAFT: Florida Aircraft Recovery, LLC, 455 Tresca Rd, Jacksonville, FL 32225
REMARKS: SUBMERGED IN SALT WATER THROUGH A TOTAL OF FOUR HIGH TIDES, WHERE THE WATERLINE WAS TWO INCHES BELOW THE CABIN HEADLINER
STARR ADJUSTER CONTACT: Ed Encinas, Edward.Encinas@starrcompanies.com; (404) 720-1966
OTHER CONTACT: Jim Goode, Mail@JimGoode.net or Faith Collins avclaims1@cfl.rr.com
CLAIM NUMBER: AVSIL0429357 / SIAI NO: 2017-46
Policy/Agreement
You are advised that the described aircraft is for sale AS IS/WHERE IS. The aircraft may have been deregistered. Emails and faxes will be accepted no later than 4:30 pm EST, Friday on the date shown above.
The successful bidder will be notified on the following Tuesday and agrees to provide payment via wire transfer unless an alternate payment method is agreed to by Starr. Salvage will not be released until receipt of your wire
transfer or other payment method as agreed to by Starr. All storage and handling charges accrued prior to notification of high bid will be the responsibility of Starr and after that date will be the responsibility of the purchaser.
Starr reserves the right to reject any or all bids.
Starr makes no expressed nor implied warranties for the condition, fitness for purpose, value, airworthiness or operation of performance of any kind whatsoever, whether in contract or tort in respect to the sale of any aircraft salvage. The buyer
acknowledges that they have had the opportunity to inspect and evaluate the aircraft before signing and forwarding their bid and purchasing same.
3353 Peachtree Road NE Suite 1000 Atlanta, GA 30326 Phone (404) 946-1400 Facsimile (404) 946 1497 starrcompanies.com
FOR SALE PAGE 2017-46