John Herbst
speaker
9,277 appearances
55 recordings
1 series
first heard Sep 2023
last heard 2 Sep
John Herbst’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in Sep 2026 with 1.
Appearances
irrespective of the transaction fee they already have a very strong opinion about the transaction fee both the tenants and the advisory board themselves and so that is the purpose of motion two they they have they have already discussed it at length
and have a very, very strong opinion about motion two.
And so that's a separate issue.
Motion one is they believe that on an ongoing basis, having a stakeholder group comprised of tenants at the airport that work in conjunction with the advisory board and staff will be beneficial for the relationship and operation of the airport in general.
So I think there are two different issues.
The purpose of the stakeholder group is not to look at the transaction fee.
I think, Mayor, the reason behind that is because they have been trying to negotiate that lease for three years, and they felt the only way they could get that lease done was by agreeing.
It was under duress, and they felt they had no option but to agree to something in order to move their project forward.
They're looking to do a major expansion.
That's Shelter.
So for Shelter, they've got a major expansion plan.
They've been working on it for three years now.
And as we know, time is money in the construction business.
So three years of holding up their project is costing them enormously in terms of the inflation in construction.
And so they made a business decision that we need to move forward, and we'll acquiesce, but it was under duress, I can tell you certainly.
We can't charge one tenant a fee and not charge all tenants a fee.
It's uniform.
It's an all or nothing deal.
So if we're going to impose a transaction fee, it gets imposed on everybody.
We can't do it on an ad hoc basis.
Showing 541–560 of 9,277 · page 28 of 464
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