There is a report in Tuesday night's City Council meeting regarding the one bidder for the parcel of land, click here. After reviewing the one bid for four months, Winward Aviation has a six month option (October, 2007 thru March, 2008) to lease one or both of the parcels. During this 6 month period Winward will perform a market survey to determine the need for additional T-hangars.
Should they, Winward, not have conducted this market study before bidding on the parcels?? At the end of the 6 months, if Winward decides that there is no demand do they lose their deposit, which I believe was $10,000???
Same Time Next Year
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It’s been nearly a year since I wrote about the problems that come from
having 11 bosses who are not on the same page about anything, as well as
suggestion...
4 months ago
3 comments:
Until there is a definitive authority at the airport whether it be Massport, a private group, et al, I think the airport will remain a tough sell.
As a business entity I would want to know exactly who is in charge before making a capital investment.
Comments:
1. i conjecture that in march of '08 there will be another 6 month extension b/c the airports future wiil still be up in the air.
2. they will get their deposit back regardless of the outcome.
3. Massport handled the bid....so how can they award a land lease (or a sublease) for land that they may never own or lease (from worc) themselves.
4. WWho's holding the deposit Massport orr Worc?
5. b/c there s only 1 bidder...... gues who's probably in the drivers seat.....the winning bidder told Worc/Massport...we arent going through with this until we know who owns the place..........so what can Worc/massport do? beg em to stick around for 6 more months......just look at the waek excuse the bidder gives for sticking around.....mor etime for a marketing study ???.......like Bill said........any market studies were done long ago before placing a 10K deposit on the line........the 5 year old kid down my street can lie better than this!!!!
JJ:
You are right... I would never agree to lease a parcel of land not knowing what the future holds. Why did we bother to do the RFP??
Jahn, you are right too. That is why Winward wants to wait 6 months so they can see what the airport will look like under new mgmt on Janaury 1st.
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