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"The question is, does this check the state contribution box completely for helping the city out of its budget problems, or is this essentially a down payment on other assistance?" The Port Authority confirmed yesterday that it would be willing to provide more than $500 million in additional lease payments in exchange for a long-term extension of its lease to operate the airports.
Four additional lease sales are planned for 2009-12 [338], altheygh they may be delayed or stopped by litigation.
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Additional leases are coming due in the next 12 to 18 months, he said.
With Beijing trying to make housing more affordable for the last couple of years by limiting real estate speculation, developers have been more cautious about acquiring additional leases.
One unique opportunity is building additional leasing offerings around new lending profiles.
Financial services firm Tokyo Century has invested an undisclosed sum in the company as part of a deal that Grab said will additional rental, leasing and financing options for its fleet of drivers.
The government then canceled additional planned lease sales and lease extensions in the Beaufort and Chukchi seas, citing low global oil prices and limited industry interest.
It announced in November that it would abandon 16 active leases and an additional 50 leases that it co-owned with ConocoPhillips in the Chukchi Sea.
An additional eight leases are expected to be signed within the next six months, Mr. Kramer said.
The House energy bill, passed early this summer, would prohibit companies from acquiring additional offshore leases if they did not agree to pay royalties during times of high prices.
However, as internetworking became more prevalent, multi-port routers were needed to provide multi-LAN connectivity, and additional dedicated leased lines had to be installed.
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