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[00:00:01]

CAPTIONING PROVIDED BY BEAUFORT COUNTY 22

[1. CALL TO ORDER]

MEETING FOR THE BEAUFORT COUNTY AIRPORT'S BOARD AGENDA.

UH, AND JUST TO BE SURE WE HAVE A QUORUM, WE ARE GONNA DO A ROLL CALL CHECK ON ATTENDANCE TODAY TO MAKE SURE WE HAVE, UH, AN APPROPRIATE QUORUM.

SO, UM, JUST ANSWER WITH AN EYE.

IF YOU'RE HERE, IF YOU'RE ONLINE, UH, OPEN YOUR MICROPHONE, LET US KNOW THAT YOU'RE, YOU'RE HERE AND PARTICIPATING.

ALL RIGHT.

I'M HERE.

UH, LESLIE I KNOW IS OUT TODAY.

UM, SHE HAD A PERSONAL OBLIGATION.

UH, ANN.

I IS HERE.

TREY ONLINE? NO.

TREY.

OKAY.

UM, AND JIM IS HERE.

JIM HERE.

UM, CHRIS IS HERE.

MARK HERE TODAY.

NO RESPONSE FROM MARK AND BRIAN WHO NOTE THAT BRIAN IS HERE.

THANK YOU.

YES.

UH, IAN HERE, SITTING HERE.

UH, I KNOW TOM IS TRAVELING TODAY, SO HE'S NOT HERE.

NICK.

OKAY.

SO, 1, 2, 3, 4, 5, 1 ON YOUR SEE.

SEVEN.

RIGHT? CAN YOU HEAR ME? MARK IS ONLINE.

ALL RIGHT, MARK.

WE'VE GOT YOU NOW.

THANK YOU.

YEAH.

GOOD DEAL.

THANK YOU.

THANKS.

SIGN.

ALL RIGHT.

WE'RE GOOD TO GO.

UM, TO CALL THE MEETING DO ORDER.

IF YOU ARISE FOR A MOMENT, PLEASE JOIN ME IN THE PLEDGE OF ALLEG AGENCY, RIGHT PLEDGE ALLEG TO FLAG OF THE UNITED STATES OF AMERICA, AND TO THE OTHER FOR WHICH WE, SINCE ONE NATION, UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE.

THANK YOU.

UM, PUBLIC NOTIFICATION OF THE MEETING HAS BEEN PUBLISHED, POSTED, AND DISTRIBUTED IN COMPLIANCE WITH THE SOUTH CAROLINA FREEDOM OF INFORMATION ACT.

UH, BY NOW YOU ALL GOT COPIES

[4. APPROVAL OF AGENDA]

OF TODAY'S AGENDA.

UH, ANYBODY HERE OR ONLINE HAVE ANY CHANGES? CORRECTIONS TO THE AGENDA FOR TODAY? HEARING NONE.

I'LL ACCEPT A MOTION TO APPROVE THE AGENDA AS PUBLISHED.

SO MOVED.

A SECOND.

SECOND, AND SECOND.

ALL IN FAVOR, PLEASE SIGNIFY BY SAYING AYE.

AYE.

AYE.

AYE.

ANY OPPOSED? AYE.

NO OPPOSED? THE, UH, AGENDA IS APPROVED.

UH, SAME STORY

[5. APPROVAL OF MINUTES - SEPTEMBER 15, 2022]

FOR THE MINUTES.

YOU ALL RECEIVE A COPY OF, UH, LAST ONE'S MINUTES.

ANYBODY WITH CHANGES, SUGGESTIONS, UH, COMMENTS ON THE MINUTES AS PUBLISHED? HEARING NONE, I LIKE TAKE A MOTION TO ACCEPT A MOTION TO APPROVE THE MINUTES AS PUBLISHED.

SO, MOVE SECOND ON A SECOND.

UH, ALL IN FAVOR, PLEASE SIGNIFY BY SAYING AYE.

AYE.

AYE.

ANY OPPOSED? AYE.

HEARING NONE.

THE UH, MINUTES ARE APPROVED.

UM, WE CAN NOW MOVE INTO THE PUBLIC COMMENT PORTION OF OUR MEETING.

WE DO HAVE TWO GUESTS HERE, BUT WE RESERVED THE SPOT FOR YOU IN OUR, UH, IN OUR DIRECTOR'S REPORT SECTION.

SO, UM, THE TWO GUESTS WILL HOLD OFF UNTIL WE CALL ON YOU.

UH, ANY OTHER PUBLIC THAT HAS COMMENTS CAN MAKE THEM AT THIS TIME.

PLEASE LIMIT THAT THREE MINUTES.

ANYBODY HERE THAT WOULD LIKE TO ADDRESS THE BOARD OR ANY SUBJECT DEALING WITH OUR AIRPORTS? HEARING NONE, UH, WE'LL MOVE RE

[7. DIRECTOR’S REPORT]

PASS THAT AND A MINOR, UM, REVISION TO THE DIRECTOR'S REPORT.

OUR TWO GUESTS TODAY, RUSSELL FRIED AND JOHN OTU WILL SPEAK, BUT I'M GOING TO ASK STEVE, UH, PERRY ARE, UH, UM, DEPUTY DIRECTOR TO PROVIDE THE DIRECTOR'S REPORT.

UH, FIRST, SO STEVE, IT'S ALL YOURS.

THANK YOU, MR. CHAIRMAN.

I HOPE EVERYBODY CAN MEET.

CAN HEAR ME? YOU CAN.

AFTERNOON.

UH, WELCOME TO THE DIRECTOR'S REPORT FOR OCTOBER 22.

I AM OBVIOUSLY NOT THE DIRECTOR.

I AM THE AIRPORT'S DEPUTY DIRECTOR.

STEPPING IN FOR JOHN, UH, AS HE HAS ANOTHER MEETING THAT HE HAS TO ATTEND TO.

STEVE, COULD YOU MAKE SURE THAT YOUR MICROPHONE IS THIS ON? IS ON, PLEASE? YES.

YOUR OKAY.

I NEED TO GET IT CLOSER TO ME.

THAT BETTER? YEP.

OKAY.

SO, LIKE I SAID, JOHN'S AT A ANOTHER MEETING TODAY THAT CONFLICTED WITH TODAY'S BOARD MEETING.

SO I'M HERE FOR MY INAUGURAL DIRECTOR'S REPORT.

FIRST, FIRST I'D LIKE TO TALK ABOUT IS, UH, HX D'S TERMINAL AND AIRPORT UPDATE.

UM, OVER THE PAST MONTH, JOHN AND I HAVE BEEN SOURCING AND RESOURCING SEVERAL OPPORTUNITIES FOR FUTURE FUNDS CONCERNING THE TERMINAL AND A LOT OF OTHER PROJECTS THAT WE HAVE GOING ON IN HI N UM, ONE OF THE SOURCES THAT WE'RE GOING AFTER IS THE SECOND B I L, UM,

[00:05:01]

GRANT APPLICATION, WHICH WE HAVE SUBMITTED, AND THAT'S FOR FUNDS FOR THE TERMINAL ON HILTON HEAD, THE NEW TERMINAL RENOVATIONS.

UM, PART OF THIS PAST YEAR'S, UH, BIL THAT WE DID RECEIVE WAS THE TOWER FUNDS FOR UPGRADES.

I'VE WORKED THIS MONTH WITH THE FAA AND WITH A COUPLE OF ENTITIES THAT ARE FAMILIAR WITH THE TYPE OF EQUIPMENT THAT GOES INTO THE TOWERS FOR THE CONTROLLERS TO USE TO CREATE A SCOPE OF WORK.

UM, THAT SCOPE OF WORK, ONCE IT'S REVIEWED BY THE FAA, IS GONNA GO INTO A BID.

SO WE'RE GONNA BID OUT FOR THOSE FUNDS SO WE CAN GET OUR TOWER UPGRADED AT HILTON HEAD EMPLOYMENTS AND FUEL SALES FOR SEPTEMBER OF THIS YEAR, UH, ARE A LITTLE BIT DECLINED FROM LAST YEAR, AS JOHN HAS STATED BEFORE.

UM, THE REASONS FOR THAT ARE A LOT OF THE PILOT SHORTAGES AT THE AIRLINES.

THE AIRCRAFT THAT WE HAD FROM THE AIRLINES LAST YEAR WERE INCREASED DUE TO, UH, COVID STATES THAT COULDN'T USE THOSE AIRCRAFT.

THEY SENT 'EM TO HILTON HEAD.

WE ENJOYED THE EXTRA AIRCRAFT AT THAT TIME.

THIS YEAR, IT'S KIND OF LEVELED BACK OFF TO WHERE WE SHOULD BE.

SO THAT'S THE REASON FOR SOME OF THE, THE SMALL DECREASE OR DECLINE IN THE, THE FUEL CELLS AND EMPLOYMENTS.

UM, WE DID, I DON'T WANT TO SAY SUFFER THROUGH, CUZ OTHER PEOPLE AROUND THE WORLD SUFFERED WAY MORE THAN WE DID WITH HURRICANE IAN.

THANK GOODNESS IT DIDN'T GIVE US A HIT.

UM, I WORKED THAT DAY.

JOHN WORKED THAT DAY AS WELL FROM MULTIPLE DIFFERENT AIRPORTS, AND WE DID NOT SUSTAIN ANY TYPE OF SIGNIFICANT OR EVEN MINOR STORM DAMAGE.

SO THAT'S A PLUS.

WE WERE READY.

ALL PLANS WERE ENACTED, UH, AS THEY SHOULD HAVE BEEN.

AND, AND EVERY TIME WE DO THAT, WE HAVE LESSONS LEARNED.

SO WE'LL ALWAYS REVIEW THOSE.

MOVING OVER TO A R W BEAUFORT EXECUTIVE AIRPORT, IF ANYBODY DIDN'T REMEMBER, OR, UH, NO.

LAST MONTH OF ALL PEOPLE.

MY TRUCK WAS PARKED OVER THERE AND WE HAD A PRETTY SIGNIFICANT STORM.

I WAS PARKED NEXT TO A PINE TREE.

THE PINE TREE GOT STRUCK BY LIGHTNING, THEREFORE TOTALED OUT MY TRUCK CUZ IT WAS PARKED NEXT TO THE TREE.

SO THAT TREE HAS BEEN REMOVED ALONG WITH TWO OTHER RATHER LARGE PINE TREES IN THE PARKING LOT.

SO THAT WORK HAS BEEN DONE.

UH, A LOT OF CREDIT GOES TO PAUL WORKING WITH THE COUNTY, THE COUNTY ENGINEERING AND STORM WATER OUT THERE TO DO THAT REMOVAL FOR US.

SPEAKING OF FUN THINGS AT A R W THIS SATURDAY IS THE SECOND ANNUAL FLYING FROG 5K, SECOND ANNUAL WITH THAT NAME.

THIS YEAR, AS IT'S BEEN BRIEF BEFORE, WE'RE A PART OF WHAT'S NOW CALLED A TRIPLE CROWN IN BEAUFORT.

BEAUFORT RUNS SEVERAL DIFFERENT, UH, ROAD RACES.

UM, THE OTHER TWO HAVE ALREADY BEEN RUN THE BRIDGE RUN THE SHRIMP FESTIVAL RUN.

OURS IS THE LAST RUN IN THE THREE RACE RUN.

THAT'LL BE THIS SATURDAY.

SO COME ON OUT AND ENJOY THE FUN AND REGISTER TO RUN AND RUN ON THE RUNWAY.

WE'VE ALSO BEEN WORKING OVER THERE AT UH, A R W ON EXTERIOR RENOVATIONS, WHICH IS THE CAPSTONE TO THE INTERIOR, WHICH HAS ALREADY BEEN COMPLETED.

THE EXTERIOR RENOVATIONS ARE MOVING ALONG.

THE PICTURE ON THE SLIDE THERE SHOWS WHAT THE OUTSIDE OF THE TERMINAL NOW LOOKS LIKE.

IT USED TO BE A DARK BROWN, UH, NEED, I SAY 1980S BRICK COLOR.

UH, AND NOW IT'S, UH, UH, OFF WHITE COLOR.

EVERYTHING'S BEEN REPAINTED.

UH, ONE OF THE, THE THINGS THAT REALLY HAS BEEN ENHANCED IS THE HANDRAIL SYSTEM TO ASSIST PEOPLE.

WE GOT BRAND NEW POSTS IN THERE, BIGGER POSTS, SO THERE NOTHING'S ROTTED.

EVERYTHING'S BRAND NEW TO HOPEFULLY SERVE THE COMMUNITY A LITTLE BIT BETTER.

WE'RE STILL MOVING FORWARD WITH OTHER EXTERIOR RENOVATIONS.

I'M LOOKING FOR A LANDSCAPE COMPANY.

I'VE GOT SEVERAL THAT I'M GOING THROUGH NOW TO DO SOME LANDSCAPING AROUND, AND THEN SIGNS FOR THE INTERIOR AND EXTERIOR OVER THERE AS WELL.

UM, ONE OF THE, UM, ACTION ITEMS TODAY IS INCLUDING THAT EXTERIOR GRANT THAT I GOT FROM SOUTH CAROLINA S CAC THAT YOU GUYS WILL BE VOTING ON FOR APPROVAL AND WE APPRECIATE THAT.

UH, SAME STORY WITH, UH, A R W WITH SEPTEMBER FUEL SALES THIS MONTH COMPARED TO THIS MONTH LAST YEAR.

JUST A SLIGHT DECREASE IN FUEL SALES.

NOT A HUGE DECREASE.

I THINK HURRICANE IAN HAD A LITTLE BIT OF DO WITH IT.

NOBODY WAS FLYING.

WE HAD A LOT OF STORMS THIS YEAR TOO.

REMEMBER, MY TRUCK GOT HIT BY LIGHTNING, BUT WE HAD A LOT OF STORMS AND THERE WEREN'T QUITE AS MANY PEOPLE FLYING ON THOSE DAYS.

SO I TEND TO CONTRIBUTE MOST OF THAT TO THOSE REASONS.

TO CONCLUDE THE DIRECTOR'S REPORT TODAY, UM, THE FIRST THING I WANT TO NOTE IS THAT BEAUTIFUL AIRCRAFT.

THAT'S A B 17, WHICH VISITED US AT HILTON HEAD LAST WEEKEND.

UM, I WOULD REALLY WISH I'D KNOWN MORE IN ADVANCED GUY COULD PUT IT OUT THERE SO PEOPLE WOULD COME OUT AND AT LEAST TAKE A LOOK AT IT.

THAT'S ONE OF NINE B SEVENTEENS

[00:10:01]

THAT ARE STILL AIRWORTHY IF MY NUMBERS ARE RIGHT IN THE WORLD TODAY.

SO, UH, HE VISITED US, WAS ABLE TO TAKE SOME PEOPLE ON TOURS.

HE FLEW AROUND THE ISLAND AND FLEW OVER A BEAUFORT A LITTLE BIT LAST WEEKEND.

SO WE'RE EXTREMELY HAPPY TO SEE HIM.

AND IF ANY, ALL THE BOARD MEMBERS REMEMBER LAST MONTH, I BELIEVE IT WAS MR. CHASE FULLER, UH, CAME IN WITH HIS CAREGIVER AND GUARDIAN, UH, AND PROMOTED AN IDEA FOR CHASE TO COME OVER AND HELP OUT WITH SOME HANDICAP AND SAFETY ISSUES.

HE DID THAT AT ANOTHER AIRPORT.

CHASE.

I HAD THE PLEASURE OF GIVING HIM A TOUR OF OUR TERMINAL IN OUR AIRPORT.

AND WHAT AN INCREDIBLE YOUNG MAN, AS YOU CAN SEE IN THAT VIDEO, I POINTED HIM TO WHERE THEY COULD SIT AND WATCH AIRPLANES AT A PICNIC TABLE AND WE'RE GONNA CALL THAT CHASE'S PICNIC TABLE.

BUT AS YOU CAN SEE, THEY WENT IMMEDIATELY OVER THERE AND HE LOVES WATCHING THOSE AIRPLANES TAKE OFF AND LAND.

HE JUST CAN'T GET ENOUGH ON IT.

I WAS OUT ON THE RAMP WITH HIM, TOOK HIM OUT ON THE RAMP AND, AND IF EVERYBODY DOESN'T KNOW THE AIRLINE RAMPS, THEY HAVE DIFFERENT MARKINGS FOR THE DIFFERENT TYPE AIRPLANES TO WHERE THEY NEED TO PARK.

AND HE WOULD LOOK AT THAT, OH, THAT'S THIS AIRPLANE THAT AIRPLANE'S WINGSPAN IS THIS AND IT WEIGHS THIS MUCH.

HE KNEW EVERYTHING THERE WAS TO KNOW ABOUT AIRPLANES THAT COME INTO HILTON HEAD.

HE DOES HIS RESEARCH.

HE'S EXTREMELY SMART.

WHAT A WONDERFUL YOUNG MAN.

SO THANKS CHASE FOR COMING AND BEING A PART OF OUR AIRPORT.

WITH THAT MR. CHAIRMAN, THAT'S THE END OF TODAY'S DIRECTOR'S REPORT.

ALL RIGHT, STEVE, I HAVE A COUPLE OF QUESTIONS.

ANYTHING SIR ELSE? YES, SIR.

BEFORE I GO, ANYBODY ELSE HAVE ANY QUESTIONS TO STEVE ON ANY POINT? STEVE? I GOT ONE IS PROBABLY BEING ADDRESSED.

UH, I WAS ON THE COUNTY AIRPORT SITE RECENTLY AND I NOTICED THAT WE STILL HAVE THE VERY ATTRACTIVE AND COLLOQUIAL FROGMORE LOGO UP.

BUT WHERE THE BEAUFORT EXECUTIVE AIRPORT, ARE WE GOING TO CHANGE THAT OR IS THERE ANY THOUGHT ABOUT WHAT'S GOING ON WITH THAT ELEMENT? YES SIR.

MR. BUCKLEY, I'VE, IN THE TWO YEARS I'VE BEEN HERE, UH, WHEN I GOT HERE, THAT WAS RIGHT AROUND THE TIME THAT THE AIRPORT'S NAME GOT CHANGED.

UM, I HEARD AND EVEN BEFORE I WAS HIRED, UPROAR ABOUT HOW DARE YOU FROM THE CITIZENS CHANGED THE NAME FROM FROGMORE INTERNATIONAL.

A R W WILL ALWAYS BE FROGMORE INTERNATIONAL AIRPORT.

AND SO THAT LOGO WILL ALWAYS STAY IN SOME PART OR SOME FASHION OF THE AIRPORT.

BUT WE DID WANT TO RENAME THE AIRPORT AT IT'S IN A BEAUFORD EXECUTIVE AIRPORT TO INCLUDE THE INTERIOR EXTERIOR RESERVATION, UH, RENOVATIONS TO KEEP THE EXECUTIVE COMING IN AND KNOWING THAT WE'RE AN EXECUTIVE LEVEL AIRPORT, HOWEVER, WE ARE LOW COUNTRY AND LATE LAID BACK AND WE LOVE OUR FROGMORE INTERNATIONAL.

SO TRYING TO TO BE THE BEST STEWARDS TO BOTH SIDES OF THE CLIENTELE THAT WOULD COME INTO THE AIRPORT.

SO THAT'S WHY WE'RE GONNA KEEP THAT IN SOME FORM OR FASHION AS WE MOVE FORWARD.

THANK YOU STEVE.

YES, SIR.

UH, STEVE, WHO SPONSORED THE B 17 UH, OPPORTUNITY, I HAVE TO GET WITH SIGNATURE.

THEY'RE THE ONES THAT BROUGHT THEM IN.

SO I NEED TO GET WITH CHIP OVER THERE TO FIND OUT EXACTLY WHO THAT WAS, CUZ I DO WANNA SEND A LETTER TO THEM AS WELL.

YEAH, CUZ I, I HAPPENED TO BE OUTSIDE AND SAW THE 17 ONS APPROACH INTO HILTON HEAD.

BEAUTIFUL.

HOW I KNOW WHO IT IS.

OH, AWESOME.

IT'S THE YANKEE AIR FORCE OUT OF WILLOW RUN MICHIGAN.

IT WAS, I DON'T THINK PROMOTED.

I WASN'T EVEN AWARE OF IT.

I JUST HAPPENED TO BE OUTSIDE WHEN IT, UH, WHEN IT, LIKE, I I WAS NOT AWARE OF IT.

I KNOW, UH, CHIP FROM SIGNATURE, HE CALLED ME THE DAY OF AND SAID, DO YOU KNOW ABOUT B 17 COMING IN? AND I WAS LIKE, NO, I DON'T.

UM, BUT WHAT A TREAT FOR THAT THING TO COME IN.

SO I THINK THEY, A LOT OF ADDITIONAL PEOPLE WOULD'VE TURNED OUT.

I AGREE WITH YOU HAVE FOLKS KNOWN NUMBER ONE.

NUMBER TWO, IT MIGHT BE AN OPPORTUNITY TO HAVE THAT GROUP THAT BROUGHT THE B 17 IN TIE IN WITH THE CONCORD DAGGON, WHICH, YOU KNOW, IS, HAS A SATURDAY AIR COMPONENT.

YES.

UH, TO IT.

COMING UP IN A COUPLE OF WEEKS IS A PERFECT OPPORTUNITY.

THERE ARE THOUSANDS OF PEOPLE OUT THERE TO BEGIN WITH JUST FOR THAT COMPONENT.

UH, SO THERE'S A FUNDRAISING OPPORTUNITY.

UH, THERE MIGHT BE A CHANCE TO HAVE THE B 17 TIE IN WITH THAT YES.

TO BOOK SOME ADDITIONAL FLIGHTS AND ADDITIONAL FUNDS.

WHAT WAS IT? IT, UH, WAS BASICALLY HOPING THAT JUST TO STOP FOR IT TO GO SOMEWHERE ELSE, FROM WHAT I UNDERSTAND AND THE MINIMUM AMOUNT OF RESEARCH I DID FROM THIS PAST WEEKEND, THEY ARE A GROUP, UH, THANKS FOR THE NAME OF YANKEE SO I CAN, I KNOW MORE I CAN ASK CHIP ABOUT.

YEAH, I HAVE NAMES FOR YOU.

I KNOW WHO THE PEOPLE WERE.

WELL, I WILL GET WITH YOU AFTER THIS SO I CAN GET ALL THAT.

BUT THEY'RE A GROUP THAT SHOWCASE THIS AIRCRAFT ACROSS THE COUNTRY.

I KNOW OF SOME OTHER ENTITIES LIKE T SIX TEXANS.

I'VE DONE A RIDE IN ONE OF THOSE ONE TIME.

YOU CAN DO AEROBATICS, BUT I THINK, AND I DON'T WANT TO TO, I DON'T WANNA SAY SOMETHING THAT'S NOT ACCURATE.

I'M PRETTY SURE THEY TRAVEL AROUND THE COUNTRY TO SELECT AIRPORTS AND PROVIDE TOURS AT A COST.

UM, BUT OBVIOUSLY

[00:15:01]

A, A GROUND MUSEUM WHILE IT'S THERE FOR PEOPLE TO COME AND LOOK AT.

YEAH, WE'VE SEEN THEM UP IN NEW JERSEY AT THE OTHER PLACE THEY FLY TO REGULARLY.

SO, ANN, MAYBE YOU COULD RIDE STEVE WITH ALL THE INFORMATION AND IF YOU HAVE ANY CONTACTS THERE.

I DO, UH, BRING UP THE SUBJECT OF PERHAPS TYING IN NEXT YEAR.

IT'S A LITTLE LATE THIS YEAR.

YEAH, IT IS.

WITH CONCOR THE ELEGANCE, UH, IN ORDER TO GET MORE PEOPLE OUT, MORE OPPORTUNITY FOR FUNDRAISING FOR THEM, I WOULD BE HAPPY TO DO THAT.

SO COORDINATE THAT WITH STEVE.

THAT WOULD BE GREAT.

IF THAT'S OKAY.

STEVE, I HAVE MULTIPLE MEETINGS WITH CONCOURSES PEOPLE AND THEY STARTED LAST MONTH.

SO I CAN PASS THAT INFORMATION PROBABLY FOR NEXT YEAR'S CONCOURSE IF THEY CONSIDER, I THINK THIS YEAR'S MIGHT BE A LITTLE, THEY'VE ALREADY PLANNED AND PACKED THE WITH AIRCRAFT, BUT LATE FOR THIS YEAR.

BUT CERTAINLY FOR NEXT YEAR.

NEXT YEAR MOVING FORWARD.

EXCELLENT TIMING.

UM, ANYBODY ELSE HAVE ANY QUESTIONS? YEAH, COUPLE QUESTIONS, STEVE.

UH, JUST START STARTING OUT ON THE GRANT AGREEMENT THAT WE'VE GOT.

I KNOW WE'RE GONNA VOTE ON, BUT PRETTY MUCH MOST OF THE WORK IS DONE CORRECT AT A R W I MEAN THERE'S MAYBE OUT OF THE PERCENTAGE CUZ WE'RE LOOKING AT HERE, I KNOW IT'S GONNA BE IN THE FUTURE, 187,000.

RIGHT.

APPROXIMATE.

WHAT HAVE WE ALREADY SPENT OUT OF THAT? WELL, WE HAD TWO SOURCES OF FUNDING FOR THE EXTERIOR.

ONE WAS H TAX FUNDS FROM THE COUNTY, WHICH I GOT.

UM, THAT'S WHAT I USED TO SPEND FOR THE PAINT AND, UM, RAILINGS AROUND THE OUTSIDE.

I REALIZED THAT THAT BILL CAME ACROSS AND I WOULD NEED MORE.

AND I EXTENDED OUT TO THE SOUTH CAROLINA FOR A GRANT.

WE WANNA DO SOME LANDSCAPING AND HAVE SOME IDEAS LIKE IN THE BACK, SOME OF THE OLD BUSHES THAT HAVE LIVED THEIR LIFE.

UM, SOME OF THE FRONT LANDSCAPING DOWNSPOUTS, GUTTERS AROUND THE EDGE THAT THE PAINTERS WOULDN'T DO AND ALSO INVOLVED IN THAT IS BEHIND THE COUNTER ON THE INTERIOR SIDE.

WE STILL DON'T HAVE A SIGN.

I'VE BEEN WORKING WITH SPECTRUM TO GET A SIGN PRODUCED.

WE'RE ABOUT 90% THERE.

CONVERSELY, THAT SIGN WILL ALSO GO OUT ON THE BACK WALL.

SO WE'RE GONNA GET RID OF THAT OLD WOODEN SIGN ON THE APRON SIDE.

OH YEAH.

THAT'S GONNA GO AWAY.

AND THEN A NICE SIGN IS GONNA GO UP AGAINST THE WALL.

HOPEFULLY I CAN GET IT LIGHTED.

AND THEN AFTER THOSE SIGNS ARE DONE, THAT'S WHERE WE'RE GONNA MOVE INTO A MONUMENT SIGN OUT FRONT ON THE ROAD TO PUT A SIGN OUT THERE TO, YOU KNOW, FIVE BEAUFORD EXECUTIVE, UH, AS WELL.

OKAY.

AND THEN MY NEXT, SO MY NEXT QUESTION, UH, WHICH, UH, IS TALKING ABOUT THE FUEL SALES FOR A R W, UM, I GAVE A SPREADSHEET TO EVERYBODY, UH, COLOR CODED, UH, AND .

SO JUST TO MAKE IT EASIER FOR ME TO READ.

BUT, UH, IT BASICALLY TAKES OVER SINCE 2018 THROUGH 2022 TAKES THE NUMBER OF OPS, TAKES THE AGAS AND I ONLY DID HAVE HAVE GAS.

I DIDN'T DO JET FUEL, BUT JUST THE AGAS SALES PER MONTH.

AND THEN ONE OF THE THINGS THAT WE RUN INTO A PROBLEM WITH, I THINK ON THE REPORTS THAT WE GET FROM YOU GUYS IS OBVIOUSLY ALL THE PREVIOUS YEARS, WE'VE GOT 12 MONTHS.

SO AN AVERAGE, BUT, AND WE RUN THESE TOTALS, BUT WE RUN A TOTAL FOR THIS MONTH OR THIS YEAR AS WELL.

BUT WE DON'T HAVE 12 MONTHS OF DATA.

WE ONLY HAVE A PORTION.

RIGHT.

SO WHAT I DID IS KIND OF JUST AVERAGE IT OUT TO SAY, OKAY, WHAT, YOU KNOW, WHAT ARE, WHAT WERE OUR AVERAGE OP, WHAT WERE OUR AVERAGE AGAS? AND LIKE FROM 2018 TO 2019, WE HAD A DECREASE OF ABOUT 200 GALLONS A MONTH.

MM-HMM.

ON AVERAGE, YOU KNOW, NOT, NOT A HUGE AMOUNT, UM, BUT STILL REPRESENTED ALMOST 10%.

THEN IN 2019 TO 2020, YOU KNOW, WE INCREASED AT A THOUSAND GALLONS, UH, PER MONTH ON AVERAGE.

AND THEN IT WAS TOWARDS THE END OF 2020 WHERE, UM, THE A R W IMPROVEMENT COMMITTEE KIND OF TALKED WITH JOHN ABOUT THE PRICING AND WE MADE A DIFFERENT CHANGE IN PRICING AND OUR NUMBERS WENT UP DRAMATICALLY.

SO WE, WE, WE INCREASED AT 2,900 GALLONS PER MONTH ON AVERAGE IS WHAT THE, IS WHAT THE DIFFERENCE WAS.

BUT THEN I NOTICED, I MEANT TO BRING THIS UP IN THE LAST MEETING AND I, I JUST FORGOT, UH, NOW WE'VE DROPPED BACK DOWN 1900 GALLONS.

SO IF WE CHANGED THAT PRICING STRUCTURE THAT WE HAD FROM BEFORE, CUZ THAT'S THE ONLY, CUZ THE OPS NUMBERS ARE STAYING, THE OPS NUMBERS ARE LITERALLY WITHIN 1%.

RIGHT.

BUT, BUT OUR FUEL FLOW IS DOWN 15, YOU KNOW, 15, 1900 GALLONS A MONTH, WHICH IS SIGNIFICANT.

SO DO WE CHANGE THE PRICING STRUCTURE FROM WHAT WE HAD DONE THAT WAS SO SUCCESSFUL BRINGING PEOPLE IN? YOU'RE RIGHT.

I WASN'T HERE WHEN A LOT OF THAT HAPPENED, CHRIS, AND I'M GONNA HAVE TO DEFER TO JOHN ON ANSWERING MOST OF THAT.

BUT IF YOU AND I CAN MEET AFTER THE MEETING, I HAVE SOME INFORMATION OKAY.

TO BE ABLE TO SHOW YOU AND HELP EXPLAIN IF I UNDERSTAND YOUR QUESTION.

RIGHT.

A BETTER WAY.

OKAY.

IF THAT'S OKAY.

YEAH, THAT'S FINE.

GOOD.

ANYBODY ELSE? ANYTHING ELSE? NOPE.

SO WE, WE, UH, ALSO LIKE TO COMPLIMENT, UH, STEVE AND JOHN AS WELL AS CHRIS,

[00:20:01]

RAY AND, AND MARK BECAUSE THE TRANSFORMATION AT, UH, NOW BEAUFORT EXECUTIVE AIRPORT OVER THE LAST TWO YEARS HAS BEEN ABSOLUTELY REMARKABLE.

UH, ADDITIONAL OPERATIONS, FUEL SALES, CONTINUING TO CLIMB EXCEPT FOR A LITTLE, A LITTLE BLURB RIGHT HERE.

AND, UM, SURE WE'LL GET THAT WORKED OUT, UH, TO REVERSE THAT TREND.

BUT IT'S OUTSTANDING AND, AND AS I HAVE IN THE PAST, IF, UH, WE HAVE BOARD MEMBERS WHO HAVE BEEN OUT TO SEE THAT AIRPORT AND SEE WHAT'S GONE OUT THERE, I URGE YOU TO TAKE A RIDE, A FLIGHT, GO OVER AND TAKE A LOOK.

UM, AND IF YOU CAN GET THERE THIS SATURDAY, ALL THE BETTER AND SEE SOME OF THE EVENTS GOING ON.

SO CONGRATULATIONS TO EVERYBODY INVOLVED.

ANYTHING ELSE FOR STEVE? I HAVE SOME STUFF FOR YOU STEVE.

UH, WE'VE TALKED ABOUT A R W I WANT TO COME BACK TO MY PET PROJECTS OVER AT, UH, HILTON HEAD AIRPORT, UM, SOME WHILE BACK WHEN YOU AND I AND JOHN AND, UH, I DON'T RECALL IF ANNE WAS THERE AND, UM, I THINK BRIAN AND CHRIS WAS THERE.

WE TALKED ABOUT SOME OF THE, UH, THE LACK OF SOME OF THE MAINTENANCE GOING ON AT AS HILTON HEAD AIRPORT ON THE, UH, COUNTY END OF THE HANGAR, THE SOUTH END OF THE HANGAR.

AND TO THE BEST OF MY KNOWLEDGE, NOTHING HAS CHANGED.

UM, THERE'S BEEN VERY LITTLE MAINTENANCE DONE DOWN THERE OUTSIDE OF RECODING THE, THE RAMP AND THE TARMAC ABOUT A YEAR, YEAR AND A HALF AGO.

SOME OF THE HANGERS ARE NOT IN GOOD SHAPE.

THERE IS PAINT, PEELING CHIPS FALLING ON THE FLOOR, SPACKLE TAPE PEELING FROM THE WALL.

THERE'S SKYLIGHTS THAT ARE, THAT WERE BUILT IN WITH THE HANGOUT.

I DON'T THINK THEY'VE BEEN CLEANED IN THE 30, 35 YEARS THAT THOSE HANGERS HAVE BEEN STANDING.

UM, THE SPACE BETWEEN THE HANGERS IS NOW NOTHING BUT SAND AND DEBRIS.

UH, LONG BEFORE YOU WERE HERE AND LONG BEFORE JOHN WAS HERE, UH, THERE WAS APPARENTLY AN EFFORT TO SAVE SOME MONEY AND WE DIDN'T BLACKTOP THE ENTIRE RAMP.

UM, WE BLOCK TOP ONLY THAT PORTION OF THE RAMP IN FRONT OF THE HANGERS AND, AND THE LEADS OUT.

UM, THERE ARE ACTUALLY SPRINKLER SYSTEMS IN THOSE SANDY PLACES THAT, UH, I DON'T THINK HAVE EVER BEEN TURNED ON.

I'M NOT SURE THEY FUNCTION, BUT IN THE MEANTIME, UM, THERE'S BEEN MONEY SET ASIDE IN TWO SEPARATE BUDGETS.

NOTHING HAS BEEN DONE.

SO I'M WONDERING WHEN WE GET A CHANCE TO REALLY SUPPORT THE TENANTS, YOUR CUSTOMERS ON THE, THE COUNTY END OF HILTON HEAD AIRPORT.

YES.

SO, SORRY TO, SORRY TO BRING THAT TO YOU AT THIS MEETING, BUT LET'S COME UP.

I, I SEE HOW IT IS.

THE DIRECTOR'S NOT HERE.

LET'S NOW AND ALL CAN DECIDE.

THOSE ARE VERY VALID POINTS, HOWARD.

AND, UM, I'VE LISTENED TO YOU OVER THE YEARS THAT I'VE BEEN HERE, TWO, TWO YEARS I THINK THAT I'VE BEEN HERE AND THOSE ARE CONCERNS OF OURS.

THERE'S A LOT OF OTHER CIRCUMSTANCES AND, AND, UH, ISSUES THAT GO INTO THAT.

UM, STAFFING IS POSSIBLY ONE AND I'D LOVE TO TALK WITH YOU OFFLINE ON SOME OF THOSE.

I REALLY WOULD LOVE TO HAVE A ONSITE VISIT AT SOME POINT.

IF WE CAN GET THE HILTON HEAD SIDE OR THE BOARD TOGETHER AND HAVE AN ONSITE, UM, ENABLES ME AND THE MAINTENANCE SUPERVISOR TO SEE MORE ACCURATELY WHAT YOU'RE TALKING ABOUT.

UNDERSTAND IN BETWEEN THE, THE SANDPIT AND THE, THE STUFF IN BETWEEN THERE ON THAT SUBJECT.

I HAVE DONE RESEARCH ON WHAT MATERIAL THAT DOESN'T COST AN ARM AND A LEG THAT WE COULD GET IN THERE AND FILL IN IN BETWEEN EACH SPOT OUT THERE.

UM, THERE'S SEVERAL DIFFERENT MATERIALS.

I'M LOOKING AT COST ANALYSIS FROM THE COUNTY TO LOOK AT ON THAT ASPECT.

I'VE GONE THROUGH EVERY ONE OF THOSE HANGERS.

I GO THROUGH THOSE HANGERS PERSONALLY, UH, AT LEAST ONCE EVERY THREE TO FOUR MONTHS.

UM, LOOKING AT A, A WHOLE VAST OF OTHER THINGS, INCLUDING THE UPKEEP INSIDE THOSE HANGERS.

SO I WOULD LIKE AN OPPORTUNITY IF YOU GUYS WOULD COME OUT AND LET'S GET A TIME TO COME OUT AND IDENTIFY IN THE HANGERS, UM, EXACTLY WHAT YOU'RE TALKING ABOUT.

CAUSE I'VE SEEN PAINT PEELING IN A COUPLE, BUT NOT A LOT.

SO I WANNA MAKE SURE THAT WE ARE ALL ON THE SAME SHEET OF MUSIC AS I MOVE FORWARD WITH MAKING SURE WE'RE TAKING CARE OF SOME OF THOSE THINGS FOR THE TENANTS.

ALL RIGHT.

WELL, I I THINK YOUR ATTENDANCE, UH, WOULD APPRECIATE FOCUS ON THAT.

I WILL ABSOLUTELY, I WILL ROUND UP THE HXD SIDE OF THE BOARD AND, UH, FIND OUT WHAT YOUR SCHEDULE LOOKS LIKE AND ARRANGE SOMETHING THAT'S CONVENIENT FOR YOU.

I DEFINITELY LOOK FORWARD TO THAT.

IT AM, I, UM, ON THE LEASE WITH SIGNATURE, SIGNATURE BASICALLY HAS CONTROL OF THE RAMP BUT NOT THE HANGERS.

IS THAT RIGHT? WELL, THERE, THERE ARE TWO SETS OF HANGERS THAT HILTON HAD.

THE NORTH END HANGERS A REALLY THROUGH THE, THROUGH THE FENCE OPERATION.

THAT'S NOT COUNTY PROPERTY.

THOSE HANGERS ARE ACTUALLY CONDO HANGERS.

YEAH.

THEY'RE, THE SOUTH END HANGERS IS ON COUNTY PROPERTY.

AND, UH, WHILE SIGNATURE DOESN'T CONTROL THEM, PART OF THEIR AGREEMENT WITH THE COUNTY, AS I UNDERSTAND IT, AND CORRECT ME IF I'M WRONG, STEVE, UH, REQUIRES THEM TO SERVICE THE AIRCRAFT OWNERS THERE.

SO IF SOMEBODY NEEDS A HAND PULLING AN AIRPLANE OUT OR PUSHING AN AIRPLANE, AN AIRPLANE BACK INTO THE HANGER, UH, AND THEY CALL SIGNATURES SIGNATURE WILL COME AND SERVICE THAT AIRCRAFT, OF COURSE THEY'LL FUEL THE AIRCRAFT, UH, AS LONG AS YOU PULL IT PARTIALLY OUTTA THE HANGER.

SO THE WINGS ARE NOT INSIDE THE HANGER.

UH, BUT

[00:25:01]

THEY BASICALLY SERVICE THAT IN NOT THE GROUND, NOT THE UNDERLYING GROUND.

BUT THEY SERVICE THE TENANTS IN THOSE HANGERS.

AND THEY GET NO OTHER REVENUE FROM THE, FROM THE RENT OF THE HANGERS.

CORRECT.

NO REVENUE FROM, THEY DO, FROM THE TENANTS THAT THEY, THERE'S MULTIPLE DIFFERENT STYLES OF HANGERS.

THERE'S TEE HANGERS, THERE'S DIFFERENT SIZE BOX HANGERS CONNECTED, NON CONNECTED.

THERE'S PRIVATELY OWNED BOX HANGERS, THERE'S COUNTY OWNED BOX HANGERS, AND THEN THERE'S A COMMUNITY HANGAR AND SIGNATURE HAS A PIECE OF ALL OF THAT.

WE HAVE A PIECE OF ALL OF THAT.

AND THEN THE OWNERS OF HANGERS HAVE A PIECE OF THAT AS WELL.

SO WE'D HAVE TO GET IN A SIDEBAR AND GO THROUGH THAT AGREEMENT TO BE EXPLAINED WHO'S RESPONSIBLE FOR WHAT PIECE AND ALL FACES.

YEAH.

CUZ THE MAINTENANCE ON, IF THEY'RE GETTING A PART OF THE REVENUE, I WOULD THINK THAT THEY WOULD BE PART OF, PART OF THE MAINTENANCE.

THEY WOULD BE RESPONSIBLE FOR SOME OF THE MAINTENANCE.

MAYBE NOT ALL OF IT.

THAT MAY BE PART OF THE PROBLEM.

UM, THE CONTRACT WITH SIGNATURE IS A PUBLIC DOCUMENT.

YEAH.

UH, AND I'LL SEND YOU A COPY IF YOU'D LIKE TO SEE THE, THE AGREEMENT.

OKAY.

THE SIGNATURE.

BUT THAT'S A PUBLIC DOCUMENT.

SO YEAH.

I WILL, ANY, IF ANY OTHER BOARD MEMBERS JUST KNOW, SEND ME A TEXT AND EMAIL AND I'LL, I'LL SEND YOU A COPY OF THAT.

WELL, JOHN, OH, STEVE WILL BE HAPPY TO SEND IT TO YOU ALSO.

ABSOLUTELY.

ANYBODY ELSE? IF NOT, WE HAVE, UH, ALRIGHT.

THANK YOU STEVE.

OKAY.

THANK YOU.

MR. UH, YOU'LL BE BACK IN A MOMENT.

UH, WE HAVE TWO VISITORS TODAY.

WE'VE TALKED ABOUT, UH, FROM TIME TO TIME, UH, UTILIZATION OF SOME OF THE PROPERTY ON THE GENERAL AVIATION SIDE OF, UH, HILTON NET AIRPORT.

AS YOU ALL KNOW, WE HAVE ONE FBO AND THAT'S SIGNATURE AT THE MOMENT.

UH, WHILE THEY ARE OUTSTANDING IN THE ORGANIZATION, I, I BELIEVE THE LARGEST IN THE WORLD OF 200 LOCATIONS DUE TO SOME ODD LOCATIONS.

VERY PROFESSIONAL, BUT VERY, VERY EXPENSIVE.

UM, BUT THEY BASICALLY, FOR ALL PRACTICAL PURPOSES, OWN THE GA SIDE OF THE AIRPORT.

SO WE HAVE SOME VACANT LAND.

IT'S, UH, IT'S VERY VALUABLE LAND.

AND JOHN HAS BEEN RIGHTFULLY SO AND EXTREMELY PROTECTIVE.

THIS IS THE LAST PIECE OF VACANT PROPERTY THAT WE, WE REALLY HAVE ON THE AIRPORT.

UH, BUT WE HAVE TWO GENTLEMEN HERE TODAY THAT ARE, UH, WOULD LIKE TO TALK TO US ABOUT SOME VERY PRELIMINARY PROPOSALS FOR THE UTILIZATION OF THAT LAND.

AND THEY UNDERLINE PRELIMINARY.

THERE'S A LOT OF WORK TO BE DONE, A LOT OF DISCUSSION TO BE HAD.

UM, BUT IT'S NICE TO HAVE OPPORTUNITIES TO, UH, TAKE A LOOK AT SOME OPTIONS.

SO, UH, MAYBE JOHN, IF, IF, UM, JOHN O TOOL WHO I HAVE NOT MET, IF YOU'D LIKE TO STEP UP AND AND MAKE THE PRESENTATION, WE'D LOVE TO HEAR IT.

THANK YOU, MR. CHAIRMAN.

BOARD MEMBERS, IT'S A PLEASURE TO BE WITH YOU TODAY.

UH, JUST SO YOU KNOW, UM, WE STARTED THE ECONOMIC DEVELOPMENT CORPORATION, OR I JOINED THIS ECONOMIC DEVELOPMENT CORPORATION FIVE YEARS AGO THIS WEEK WE'VE BOOKED ABOUT A QUARTER, A QUARTER MILLION, A QUARTER BILLION DOLLARS WORTH OF BUSINESS.

SOME 1200 JOBS AVERAGE IN ABOUT $47,000 A YEAR PER PER JOB JOB.

UH, NOT DISSIMILAR TO IAN'S ORGANIZATION.

WE'RE FOCUSED ON DIVERSIFYING THE ECONOMY IN, IN BUFORD COUNTY.

WHEN I GOT HERE THAT FIRST WEEK, JOHN REBOLT HANDED TO ME THIS PROSPECT, WHICH I'M GONNA TALK TO YOU ABOUT TODAY.

YOU HAVE A, A SUMMARY OF IT.

WE'VE CALLED IT PROJECT CLOUD SINCE INCEPTION IN THE PAST FIVE YEARS OF NUMEROUS CONVERSATIONS WITH JOHN.

UH, REBEL, UH, UH, THE COMPANY HAS WORKED THROUGH HEIRS ISSUES.

THERE'S A PIECE OF LAND WITHIN THE FENCE OWNED BY THE CANNOCK FAMILY, UH, SOME 3.75 ACRES.

UH, THEY HAVE AN OPTION ON THAT PROPERTY, AND THAT WAS CONFIRMED, UH, TODAY, UH, THAT THEY STILL HAVE THAT OPTION IN PLACE.

AND THEY WORKED THROUGH, UH, ARMY CORPS OF ENGINEERS, UH, ISSUES, UH, REGARDING A, UH, UH, A DRAINAGE DITCH IS THE WAY THE ARMY CORPS OF ENGINEERS DEEMED THAT PROPERTY, WHICH IS IN HILTON HEAD.

AND JOHN HAS BEEN, UH, A VERY CLEAR, UH, THAT THE FAA INTENTION IS TO HAVE OPERATIONS SECURE AND WITHIN THE FENCE.

AND SO WE'VE, UH, PURSUED THIS OPPORTUNITY.

UH, ALSO, UH, YOU SHOULD KNOW IN THE PERIOD OF TIME I'VE WORKED ON THIS, I'VE WORKED THROUGH, UH, FIVE COUNTY ADMINISTRATORS AND TWO, UH, TOWN ADMINISTRATORS.

UH, SO A LOT CHANGES.

SO I KNOW THERE'S A LOT OF DIALOGUE THAT HAS TO OCCUR, UH, WITH JOHN'S ORGANIZATION WITH, UH, UH, MR. GREENWAY'S ADMINISTRATION HERE IN THE COUNTY.

AND, UH, MARK ORLANDO, UH, AND THE, UH, UH, COUNSEL IN HILTON HEAD.

SO THERE'S A LOT OF MOVING PARTS IF YOU, IN THE, THE PUNCHLINE HERE IS, IS THAT, AND, UH, I THINK YOU'RE GONNA HEAR ANOTHER PRESENTATION WHICH TELLS YOU THERE'S INTEREST IN, IN THE COUNTY'S PROPERTY.

AND, UH, UH, JOHN AND I, UH, RESPECTFULLY PROBABLY APPROACHED THIS DIFFERENTLY.

UH,

[00:30:01]

I, I, I BELIEVE THAT AS A BOARD, UH, YOU SHOULD SEE WHAT THE MARKET WILL BEAR.

YOU COULD SEE WHAT THE MARKET WILL BEAR, AND YOU CAN TURN DOWN ALL THE OPTIONS PUT IN FRONT OF YOU.

UH, BUT I WOULD SUGGEST THAT JOHN IS CONCERNED, AND I UNDERSTAND RIGHTFULLY CUZ YOU'RE KIND OF LANDLOCKED THERE IN HILTON HAD, UH, WITH ALL THE DIFFERENT DEVELOPMENTS AND CONSERVATION EASEMENTS THAT, BUT UP AGAINST THE EDGE OF THE AIRPORT.

UM, JUST SO YOU KNOW, OVER THE LAST FIVE YEARS WE'VE MET WITH THE, UH, UH, LEADERSHIP GROUPS AT THE PORT ROYAL PLANTATION AND AT PALMETTO HALL, UH, WITH NO RESISTANCE OF THE PROJECT I'M SUGGESTING.

BUT I THINK THE PUNCHLINE IS GO OUT TO BID AND SEE WHAT THE MARKET WILL BEAR, AND THEN AS A BOARD, UH, DECIDE THAT YOU DON'T WANT TO PURSUE IT OR YOU DO WANT TO PURSUE THE OPTIONS PUT IN FRONT OF YOU.

NOW, I'LL TELL YOU ABOUT THE PROSPECT I'VE BEEN WORKING WITH AND, AND THEIR PROJECT HAS GONE UP, UH, SIGNIFICANTLY THE COST OF THE PROJECT WITH EVERYTHING THAT'S HAPPENED WITH SUPPLY CHAIN, STEEL COST AND EVERYTHING ELSE.

BUT THIS COMPANY I'M DEALING WITH, UH, IS, AND, AND I DON'T WANT TO BE, UH, UH, UH, UH, SEEM AT ALL, UH, AT ODDS WITH WHAT MR. FRIED WILL RECOMMEND AS WELL, BECAUSE MY SUGGESTION IS, IS TO PUT ANY OF YOUR PROPERTY OUT TO BID AND SEE WHAT THE MARKET WILL BEAR.

SO IF HIS PROJECT IS THE BEST PROJECT, THAT'S WHAT WE'RE SUPPORTIVE OF.

WE'RE NOT, UH, UH, NECESSARILY IN THE CAMP OF ONE DEVELOPER OR ANOTHER.

BUT WHAT I CAN TELL YOU IS, IS THAT I DO HAVE A DEVELOPER, UH, THAT IF WE GOT A GREEN LIGHT TODAY, THEY, UH, UH, AND YOU CAN PROBABLY FIGURE IT OUT, WE CALL 'EM PROJECT CLOUD.

UH, BUT THEY ARE THE LARGEST RESALER OF SIRIUS AIRCRAFT AND ALSO SERVE EMBR AIR.

UH, THEY'RE LOOKING TO INVEST SOME 18 MILLION IN THE SITE.

THEY WOULD LIKE TO DEVELOP AN FBO NEXT TO THE CONTROL TOWER, WHICH I KNOW JOHN IS VERY PROTECTIVE OF PRESERVING THAT.

AND YOUR ANSWER COULD BE PARTIALLY NO USE THE, UH, LAND AT THE NORTH END OF THE RUNWAY.

AND WE DON'T WANT TO MAKE THAT THREE ACRES AVAILABLE, BUT THEY'RE ASKING FOR THE USE OF THAT THREE ACRES, UH, PLUS, UH, THE THREE ACRES THEY'VE SECURED, WHICH THEY WOULD TURN OVER TO, UH, THE COUNTY AND SOME 9.7 ACRES THAT THEY'VE BEEN IN CONVERSATION WITH HILTON HEAD WITH.

AND SO, UH, THEIR, THEIR PROJECT WOULD BE $18 MILLION, SOME 25,000 SQUARE FEET UNDER ROOF, 45 JOBS THAT ARE AVERAGING JUST UNDER $60,000 A YEAR.

GOING TO THE SECOND PAGE, WE'VE HAD, UH, UH, THE, THE CLEMSON GROUP LOOK AT THE ECONOMIC IMPACT OF THIS PROJECT.

YOU KNOW, ON A, UH, OVER A SEVEN YEAR PERIOD, IT WOULD GENERATE ON AVERAGE 72 JOBS A YEAR AND HAVE 133 MILLION, UH, OUTPUT, UH, UH, IN THE REGION ACROSS BUFORD COUNTY.

UH, WE HAVE, UH, WE USED A, UH, A CONSULTANT GROUP CALLED UPPER ATLANTIC STATE FREIGHT, AND WE'VE HAD CONVERSATIONS WITH THE FAA.

UH, HILTON HEAD IS GO, AND, AND I KNOW JOHN AND I KNOW THIS BOARD IS CONCERNED ABOUT ALL SORTS OF FINANCIAL CONSTRAINTS.

YOU KNOW, AS YOU LOOK TO EXPAND THE TERMINAL, WHICH I'D LOVE TO FLY OUT OF, UH, AT HILTON HEAD.

UH, BUT, UH, THE FAA WOULD IN ALL LIKELIHOOD REIMBURSE 90% OF THIS LAND.

SO THAT WOULD, UH, SIMPLIFY THE TRANSFER OF HILTON HEAD LAND, UH, TO THE COUNTY AND TO, UH, THE AIRPORT, YOU KNOW, IN THE MIDDLE THERE.

UH, UH, YOU KNOW, THE FAA WITH ALL THE INVESTMENTS IT MAKES IN BEAUFORT AIRPORTS AND AIRPORTS AROUND THE NATION IS REALLY FOCUSED ON, UH, UH, UH, SAFETY, UH, ALSO, UH, IN JUST INVESTING IN INFRASTRUCTURE, THE FOUR BULLETS THERE IN THE MIDDLE, UH, INNOVATIVE INNOVATION APPROACH AND, AND NEW TECHNOLOGIES AND, UH, TO SERVE THE NATION, UH, UH, EFFICIENTLY.

AND SO, WHEN, WHEN WE TALK TO PILOTS ABOUT WHAT OCCURS AT HILTON HEAD, UH, AND, AND YOU MENTIONED THAT SIGNATURE KIND OF IS THE LARGEST OPERATOR, UH, THEY PRETTY MUCH CONTROL THAT SIDE OF THE AIRPORT.

UH, I THINK, UH, YOU KNOW, THE CONSERVATIVE MODEL THAT I THINK THE WISE MODEL IS TO CREATE COMPETITION, WHETHER IT'S ON FUEL COSTS.

AND, UH, AGAIN, IF IN CONCLUSION I'LL JUST SAY THIS, UH, I'D ENCOURAGE THE BOARD TO SEE WHAT THE MARKET WILL BEAR.

I JUST HAVE ONE INTEREST INVESTOR AT THIS TIME, MR. FRIED, UH, RECOM, UH, REPRESENTS ANOTHER ONE, BUT COMPETITION IS GOOD.

I THINK, UH, I I STRONGLY BELIEVE THAT WHILE, YOU KNOW, UH, RESOURCES LAND ARE LIMITED, IT'S ALWAYS GOOD TO SEE WHAT THE, UH, UH, MARKET WOULD BEAR, UH, UH, WEIGH YOUR OPTIONS.

I DO THINK, UH, UH, WE HAVE SOME GUIDELINES IN THERE OF, UH, BASELINE REVENUE THRESHOLDS THAT BIDDERS WOULD HAVE TO HAVE TO SURPASS

[00:35:01]

TO BE CONSIDERED.

UH, AND, UM, UH, WE THINK THAT THE REVENUE THAT INVESTMENTS ON THE, UH, I'LL CALL IT THE EAST SIDE OR THE NORTH SIDE, COULD, UH, HELP, UH, SUPPORT SOME OF THE ISSUES THAT WERE JUST MENTIONED WITH PEELING PINK, UH, SKYLIGHTS, MAINTENANCE AND, AND PERHAPS EVEN, UH, ANY BONDS THAT ARE USED BY THE COUNTY TO UNDERWRITE, UH, THE PORTION OF YOUR TERMINAL THAT'S, UH, NOT FUNDED TODAY.

AND SO, WHAT I'LL SAY IN CON, UH, THIS IS REALLY THE CONCLUSION.

I KNOW I SOUND LIKE COLOMBO, WHO'S GOT LIKE SEVERAL COL CONCLUSIONS.

WHAT I'D ASK FOR, I'VE BEEN WORKING WITH THIS DEVELOPER FOR FIVE YEARS, UH, RESPECTFULLY, I, I'D LIKE A YES AND NOT TODAY, BUT, UH, AFTER YOU'VE CONSIDERED IT, UH, A YES, A NO OR A PARTIAL YES OR NO.

BUT I, UH, WHAT WE TRY TO DO, UH, WITH ALL, UH, UH, BUREAUCRATIC OR, UH, MUNICIPAL ORGANIZATIONS, COUNTY ORGANIZATIONS, IS TO PROVIDE INVESTORS, UH, WITH, UH, SIMPLE, SWIFT AND CERTAIN ANSWERS.

AND SO FOR THAT, THEY'VE WORKED HARD ON THIS FOR FIVE YEARS.

THEY'VE INVESTED ENGINEERING MONEY, THEY'VE INVESTED, UH, TIME WITH THE ARMY CORPS OF ENGINEERS.

AND IF YOU CAN GIVE US DIRECTION, THEN WE WOULD BE HAPPY TO COMMUNICATE THAT TO THIS INVESTMENT GROUP.

BUT AGAIN, I DON'T, I I THINK TO ACTUALLY CONFORM WITH THE FAA, IT'S PRO, IT'S, IT'S, IT'S THE ONLY ROUTE TO GO IS TO COMPETITIVELY BID WHAT YOU HAVE OUT THERE AND SEE WHAT THE MARKET WILL THERE IF YOU SO CHOOSE.

AND THAT'S KIND OF WHERE WE'RE AT AFTER FIVE YEARS OF SUPPORT AND WITH THIS PARTICULAR PROSPECT.

ALL RIGHT.

WELL, THANK YOU VERY MUCH FOR COMING IN YOUR PRESENTATION.

I HAVE A COUPLE OF QUESTIONS THAT I'M SURE SOME OTHER BOARD MEMBERS HAVE A BUNCH OF QUESTIONS.

SO IF YOU'LL BE A LITTLE PATIENT WITH US, ONE, THE BEFOR COUNTY ECONOMIC DEVELOPMENT CORP, WHICH IS WHO YOU REPRESENT, IS THAT A GOVERNMENT AGENCY OR QUASI GOVERNMENT AGENCY? PRIVATELY HELD BUSINESS, WHAT? RIGHT IN THE MIDDLE.

UH, ALTHOUGH I HAVE TO SAY, UH, THAT WE ARE LARGELY SUPPORTED BY THE COUNTY, UH, SIGNIFICANTLY SUPPORTED, AND THEN TO A SMALLER DEGREE BY THE FOUR MUNICIPALITIES, HILTON HEAD BLUFF AND PORT ROYAL AND THE CITY OF BEAUFORD.

BUT IN ESSENCE, NOT A DIRECT GOVERNMENT AGENCY, NOT THE COUNTY GOVERNMENT, STATE GOVERNMENT OR THE HEAD GOVERNMENT.

CORRECT.

THE CLIENT THAT YOU REPRESENT, UM, HAVE THEY ENGAGED IN OPERATING AN FBO IN THE PAST, AT ANY AIRPORT? UH, IN THE COUNTRY, YES.

YEAH.

HAVE FBO EXPERIENCE? YES.

FUEL SALES, YES.

MAINTENANCE, YES.

AND THE SOURCES OF FUNDING YOU'VE PURSUED, YOU DON'T NEED TO REVEAL THOSE TODAY.

IT'S A LITTLE PRELIMINARY, BUT I'M ASSUMING THAT THE SOURCES OF FUNDING FOR ANY PROPOSAL THAT THEY HAVE MADE OR THAT YOU'RE PROMOTING FOR THEM, UH, IS SECURE? WE BELIEVE SO, YES.

AND, AND I KNOW THERE WAS SOME COMMENT OFFLINE, UH, THAT WHAT IF THIS COMPANY, AND AS YOU SEE ON THE FIRST PAGE, INVESTS $13 MILLION THERE, AND THEN THEY CEASE TO EXIST.

AND WHAT THE ANSWER IS, IS THAT YOU WOULD HAVE, YOU KNOW, NINE BOX HANGERS AND, AND THE, A LARGER, UH, HANGER THERE, YOU, THE, UH, ULTIMATE, UH, OWNERSHIP OF THE PROPERTY IS BY THE BEAUFORT COUNTY AND CONTROLLED BY THE AIRPORT BOARD, AND, AND THEY ARE PROPOSING, UH, TO ALSO PROVIDE FUEL SALES TO THE AIRCRAFT YES.

ON THE AIRPORT AS WELL.

OKAY.

ANYBODY ELSE? ANYBODY WHO'S, UH, UH, SIGNED IN? ANY QUESTIONS FROM MARK OR BRIAN? I THINK THEY'RE ONLINE.

YES.

I HAVE A QUESTION, HOWARD, GO TO IT.

UM, JOHN, THIS WAS, UH, SORT OF ADVERTISED TO US AS A PRELIMINARY REPORT, BUT YOU'VE MADE IT VERY CLEAR THAT YOU'VE BEEN WORKING ON THIS FOR NOW FIVE YEARS, I THINK YOU SAID.

CORRECT.

IS IT'S A NORMAL TIMEFRAME TO TAKE TO PUT A PROJECT LIKE THIS IN PLACE, OR IF NOT, WHAT ARE THE CONSTRAINTS THAT YOU'VE BEEN SEEING UP UNTIL NOW THAT HAVE BEEN HOLDING UP PROGRESS? AGAIN, IT'S, IT'S A BUNCH OF, UH, ISSUES.

AIR'S PROPERTY, AS YOU KNOW, IN THE LOW COUNTRY, CAN CREATE CHALLENGES.

UH, JUST IN TERMS OF, YOU KNOW, THI THIS 3.75 ACRES IS TODAY INSIDE THE FENCE.

THE FAMILIES THINK THAT IT HAS A CERTAIN VALUE BECAUSE IT'S ON HILTON HEAD, BUT IT'S TRULY AN ISLAND INACCESSIBLE BY THE CHING LANE FENCE.

UH, AND THE FAMILY THOUGHT THAT THE FAMILIES THOUGHT THAT THEY HAD AN EASEMENT THROUGH THE FENCE TO THE PROPERTY.

SO DETERMINING ALL THAT, UH, WORKING WITH JOHN OVER THE YEARS, UH, UNDERSTANDING HOW THE FAA, UH, WOULD LOOK AT A PROJECT LIKE THIS, AND IT WAS SUGGESTED AT THE TIME THAT THE INVESTORS THAT I'M WORKING WITH SHOULD SECURE THOSE RIGHTS TO THE HEIRS PROPERTY.

AND THEN THEY WOULD HAVE, UH, UH, THE ABILITY, UH, TO NOT GO THROUGH THE BIDDING PROCESS.

AND THEY WOULD, IT WOULD BE EASY AT

[00:40:01]

THE TIME WITH THE ADMINISTRATORS I STARTED WITH ON HILTON HEAD AND IN THE COUNTY THAT THEY COULD, UH, JUST EXERCISE A CONTRACT WITH THEM AS TIME'S GONE ON.

THEN WE GOT INTO, UH, UH, WE GOT INTO ARMY CORPS OF ENGINEERS.

SO THE COMPANY, JOHN IS VERY, AND I THINK WISELY FIDUCIARY ABOUT HIS USE OF LAND OUT THERE.

SO HE THEN SAID HE'D LIKE TO SEE HOW IT WOULD BE LAID OUT.

SO THEY SPENT SOME TIME ON ENGINEERING, AND THEN IT BECAME CLEAR THAT THEY NEEDED A DETERMINATION FROM THE ARMY CORPS OF ENGINEERS THAT TOOK OVER A YEAR AND A HALF.

SO THERE, THERE, THERE HAVE BEEN WRINKLES, UH, TO SAY THE LEAST, AND I WOULDN'T CALL IT PRELIMINARY.

I REALLY DO THINK WE'RE AT THE POINT WHERE, UH, WE, WHERE I'VE GOT A CALL ON TUESDAY, UH, WITH HILTON HEAD, UH, IS TO JUST GIVE THESE FOLKS A, A YES OR A NO.

UM, AND, AND NOT TO DO THAT AT THE EXCLUSION OF, OF WHAT MR. FREED IS SUGGESTING.

I SUGGEST AT THIS POINT, UH, YOU PUT IT OUT, UH, UH, FAIRLY, UH, BROADLY ADVERTISE IT AND SEE, UH, WHAT, WHAT THE COMPET, THE COMPETITIVE OPTIONS ARE FOR THE BOARD.

I, I HAVE NO DOUBT THAT THAT'LL BE JOHN, UH, JOHN WILL, WILL LOOK FOR ALL OPTIONS AND LOOK FOR ALL OPPORTUNITIES TO MAKE THE MOST PRODUCTIVE USE OF, UH, OF THE PROPERTY.

SO I'M, I'M JUST CURIOUS, UM, YOU'RE REPRESENTING THIS, THIS GROUP, IT A CONSORTIUM OR IT'S A PRIVATELY HELD BUSINESS OR A PUBLIC COMPANY THAT YOU'RE REPRESENTING? IT'S I A PRIVATELY HELD COMPANY WITH INVESTORS.

AND ARE YOU REPRESENTING THEM AS AN AGENT? I, I'M JUST CURIOUS AS TO WHY THEY WOULDN'T COME TO MAKE A PRESENTATION AS OPPOSED TO HAVING, UH, THE ECONOMIC DEVELOPMENT CORPORATION MAKE THE PRESENTATION ON THEIR BEHALF? WE GENERALLY, WHILE PEOPLE ARE IN, UH, A CONFIDENTIAL STAGE, WE, UH, WE REPRESENT THOSE COMPANIES.

BUT IF YOU'RE, IF YOUR, UH, BOARD WOULD LIKE TO MEET WITH THEM IN EXECUTIVE SESSION TO TALK ABOUT, UH, YOU KNOW, THEIR, THEIR OWN VIABILITY, THEIR OWN ORGANIZATION, BUT WE, WE WE'RE ADVOCATES AND, AND I, I WOULD LIKE TO, UH, UH, ADVOCATE FOR MR. FRIED AS WELL.

SO WE'RE NOT DOING IT AT THE EXCLUSION OF ANY OTHER INVESTORS.

UH, BUT THIS IS COMPLICATED TO GET A PROJECT THROUGH ANY MUNICIPALITY, PROBABLY IN THE STATE OF SOUTH CAROLINA.

AND SO WE TRY TO GET INVOLVED TO TRY TO SMOOTH THOSE WATERS.

AND, AND AS HARD AS WE HAVE TRIED SINCE JOHN, UH, REBOLT HAD HANDED ME THIS PROJECT IN OCTOBER OF 2017, UH, UH, WE, WE HAVE BEEN WORKING IT.

AND SO THE INVESTORS RELY ON US TO HELP THEM NAVIGATE THESE WATERS.

AND THEY, SO IT WOULD BE A FULL ON TOP OF WHAT, WHAT YOU'RE STATING HERE.

SO TRAIN PILOTS, SELL AND MAINTAIN HIGH END AIRCRAFT.

UH, IT WOULD BE A TRUE FBO THEN AS WELL? YEAH.

WITH FUEL SALES AND EVERYTHING ELSE.

OKAY.

YEAH, YOU CAN SEE ON THE FIRST PAGE, THEY HAVE A RENDERING OF WHAT THEIR, UH, UH, THEIR OPERATION WOULD LOOK LIKE, WHICH I THINK COMPETITIVELY THAT WOULD BRING UP THE AIRPORT AND PROBABLY PUT PRESSURE ON OTHER INVESTORS TO UPGRADE FACILITIES THERE AS WELL.

UM, AND THEN THERE'S ALSO, UH, UH, THE AREA WHERE THEY, UH, THEY'LL, THEY RESELL, THEY MAINTAIN, AND THEY TRAIN, UH, UH, PILOTS QUESTION.

A SCHOOL, A FLIGHT SCHOOL IS THAT, UH, THIS PARTICULAR AIRCRAFT THAT HAS A PARACHUTE IN IT, UH, THEY, THEY BUILD THEIR BRAND ON THE PLANE STAYING IN THE AIR.

AND SO THEY LIKE TO HAVE THEIR, THEIR AIRCRAFT MAINTAINED ANNUALLY.

AND ALSO, UH, UH, THE PILOTS TRAINED ON ANY UPDATES.

UH, THE NEAT PART ABOUT THIS PROJECT FOR US AS AN ECONOMIC DEVELOPMENT CORPORATION, AND WHEN I LEAVE HERE, I'M GONNA MEET WITH A, UH, A MANUFACTURER OUT OF ROCHESTER, NEW YORK, UH, WHO WANTS TO BUILD IN BEAUFORD COUNTY AFTER RELOCATING THE TO DATO ISLAND, IF PEOPLE ARE USING OUR COUNTY AIRPORT FOR THIS PURPOSE, UH, OR, AND, AND THE FBO THAT I BELIEVE MR. FRIED IS GONNA REPRESENT IF ONE OF THOSE COMES FORWARD, OR IF THEY COME HERE FOR A COUPLE OF DAYS OF MAINTENANCE ON THEIR AIRCRAFT, IT ACTUALLY HELPS OUR, OUR, OUR TOURISM BUSINESS AS WELL.

SO THIS IS WHERE THE DIVERSE ECONOMY AND OUR BLUE CHIP INDUSTRY, HOSPITALITY AND TOURISM KIND OF, OF KIND OF COME TOGETHER VERY NICELY.

SO I'M JUST A LITTLE CONFUSED, UH, NOT EXTRAORDINARY CIRCUMSTANCE, BUT , ARE THEY LOOKING TO INCORPORATE INTO THIS FBO A FLIGHT SCHOOL, A FLIGHT TRAINING SCHOOL, OR JUST A TRAINING FACILITY FOR THE SERIOUS AIRCRAFT THAT THEY, THAT THAT IS, IT'S, IT'S MY UNDERSTANDING IT'S TO SUPPORT THE SERIOUS AIRCRAFT.

JUST NOT, NOT A FLIGHT SCHOOL.

NOT A FLIGHT SCHOOL.

THANK YOU.

I HAVE A QUESTION.

EARLY IN YOUR PRESENTATION,

[00:45:01]

YOU MENTIONED THAT PEOPLE THAT OWNED THAT PIECE OF GROUND HAD AN UNDERSTANDING THAT THEY HAD ACCESS TO THE FENCE.

IS THAT RESOLVED OR WOULD THAT BE LITIGATED, OR WHAT IS THE, IN YOUR OPINION, WHAT IS THE CURRENT POSITION OF THAT QUESTION? THE QUESTION IS, IT'S INACCESSIBLE.

THERE IS NO, THERE IS NO LEGAL DOCUMENTS SUPPORTING THEIR ACCESS TO THAT PROPERTY.

UH, AND THAT WAS EXPLAINED AT THE TIME BY JOSH BREWER, WHO WAS THE ACTING COUNTY ADMINISTRATOR AND ALSO A LAWYER TO, TO THE PARTY THAT OWNS THE LAND? NO, HE WAS, UH, IN THE CAPACITY OF REPRESENTING BUFORD COUNTY.

OKAY.

AND THERE HAS BEEN NOTHING THAT'S, UH, SURFACED IN THE LAST FIVE YEARS TO, TO, UH, UH, LEND WEIGHT TO A DIFFERING OPINION.

SO IN YOUR PROFESSIONAL OPINION, UNDERSTAND UNDERLYING THE WORD OPINION, THERE WOULD BE NO LITIGATION INVOLVED IN THE DISPOSITION OR SALE OF THAT LAND OVER THAT ISSUE? NO.

I, I, I TEXTED THE INVESTORS, UH, AS I WAS SITTING HERE, AND THEY HAVE AN OPTION IN PLACE.

SO THE, THE PRICE IS SET.

SO THEY HAVE AN OPTION ON IT CURRENTLY? THEY HAVE A YES.

BUT THEY HAVE NOT PURCHASED YET.

CORRECT.

OKAY.

AND IF THE AIRPORT WERE TO DECIDE THAT THAT COST OF THE LAND THAT WE WERE JUST TALKING ABOUT SHOULD NOT BE MADE ACCESSIBLE TO THE AIRPORT WITH THE ONLY PORTION OF THE LAND ACCESSIBLE TO A POTENTIAL SUITOR, UH, IS THAT PIECE THAT IS, I'LL CALL UNDER THE TOWER BY THE TOWER? WELL, NO, THEIR, THEIRS IS OUT AT THE NORTH END.

THE THREE ACRES NEAR THE TOWER IS OWNED BY THE COUNTY TODAY.

BUT IF THAT WERE THE ONLY LAND ACCESSIBLE TO THE DEVELOPER, WOULD THEY PROCEED WITH THE PROJECT OR IF THAT WERE THE ONLY LAND ACCESSIBLE TO THE DEVELOPER, WOULD THAT END THEIR INTEREST IN THE PROJECT? THEY SAY YES, BUT I, I, I, I TRUST JOHN REBOLT AND I TRUST YOUR JUDGMENT TO MAKE THE DETERMINATION OF WHAT YOU THINK IS BEST FOR BEAUFORT COUNTY.

AND SO IF WE GIVE THEM AN ANSWER THAT SAYS THE THREE ACRES IS NOT IN PLAY, YOU'VE GOTTA MAKE IT WORK ON THE, UH, ON THE, UH, UH, RESULTING 14 ACRES AT THE NORTH END, THEN WE'LL FIND OUT, UH, WHETHER THEY PROCEED OR NOT.

OKAY.

OKAY.

I HAVE A QUESTION.

SURE.

JUST CURIOUS, DO YOU THINK IN YOUR OPINION, THAT HILTON HEAD AIRPORT CAN SUPPORT A SECOND FBO? I, UH, I, I AM NOT AN AIRPORT EXPERT.

UH, I KNOW I HAVE INVESTORS STEPPING UP TO SAY THAT THEY WANT TO DO IT.

I DO.

I I HAVE HEARD FROM PILOTS WHEN YOU TALK ABOUT COST, THAT PEOPLE WILL FLY BY CERTAIN AIRPORTS TO GET TO OTHER AIRPORTS, BUT I ONLY KNOW THAT ANECDOTALLY I WOULD HAVE TO, UH, UH, AGAIN, I'M A, I'M A BELIEVER IN THE MARKET.

YOU PUT THAT OUT THERE AND, AND YOU SEE WHAT THE MARKET WILL BEAR.

I DRIVE THROUGH BEAUFORD COUNTY AND I SEE A CIRCLE K, AND I SEE A PARKERS, AND I GO ABOUT THREE BLOCKS AWAY, AND I SEE ANOTHER CIRCLE K AND ANOTHER, UH, PARKERS.

I'M NOT SAYING THAT AUTOMOBILE AND, AND AIRPORTS ARE EXACTLY TRANSFERABLE, BUT I THINK YOU, WE RELY ON, ON THE FREE MARKET TO DETERMINE WHAT THEY WANT TO DO WITH THEIR INVESTMENTS.

AS, AS ANN KNOWS, BECAUSE, UM, GOING BACK A FEW YEARS, ANN USED TO FLY INTO HILTON NET AIRPORT, UH, AS DID I, AND A FEW OTHER FOLKS ON THE PANEL WHO WERE PILOTS.

UH, THERE WAS TWO AIRPORT, THERE WERE TO, UM, FBOS AT HILTON HEAD, UH, HILTON HEAD AIR, WHICH ON THE GENERAL, WHICH WAS ONLY ON THE GENERAL AVIATION SIDE OF US BEFORE WE HAD THE TERMINAL ACROSS THE WAY.

AND THAT WAS THE TERMINAL FOR THE LIMITED COMMERCIAL SERVICE, AS WELL AS THE FBO FOR THE GA AIRCRAFT.

AND THEY, THE TWO OF THEM COMPETED FOR A WHILE.

CAROLINE AIR BUILT THEIR FACILITY WITH A PRIVATE FAMILY, AND AS THINGS WOULD HAVE IT DOWN THE ROAD, CAROLINA A SEEMED TO ATTRACT MORE OF THE CUSTOMERS, AND THUS WE HAD ONLY ONE FACILITY AND IT WAS SIGNATURE THAT, UH, BOUGHT THE LEASE AND BOUGHT CAROLINA AIR OFF THE PROPERTY.

AND NOW, SO UNKNOWN.

GREAT QUESTION THOUGH.

AND ONE I'M SURE THAT EVERYBODY THINKS ABOUT, UM, CAN WE SUPPORT TWO FBOS? THE LAST THING I THINK JOHN WOULD WANT, STEVE WOULD WANT WAS TO HAVE A PROJECT LIKE THIS GET UNDERWAY AND EVEN START AN OPEN AND THEN FIND OUT THAT IT WAS NOT, MAY NOT HAVE BEEN FINANCIALLY VIABLE IN SPITE OF THE FACT THAT WE WOULD INHERIT QUITE A BIT OF, UH, STRUCTURE.

I DON'T THINK THE COUNTY IS REALLY LOOKING TO DO THAT.

SO, GOOD QUESTION.

UNKNOWN, I THINK AT THIS TIME, BUT SOMETHING CERTAINLY WORTH EXPLORING IN DETAIL.

ANECDOTALLY, PEOPLE WILL BUILD A MOTEL IN AN INTERSTATE INTERSECTION, AND THERE'LL BE THEN SEVEN OR EIGHT OR NINE HOTELS BUILT THE SAME PLACE.

AND THE THEORY AND LOGIC BEHIND IT IS SIMILAR TO WHAT YOU'RE SUGGESTING IN THAT I KNOW THERE'S GONNA BE AVAILABILITY, I KNOW THERE'S GONNA BE SERVICE, I KNOW THERE'S GONNA BE CAPACITY AT THAT INTERSECTION

[00:50:01]

ON THE INTERSTATE.

AND I ASSUME THAT'S THE SAME PREMISE.

NOW, EIGHT OR 10 MOTELS VERSUS TWO FBOS I DON'T THINK ARE SIMILAR, BUT THERE IS LOGIC TO SUPPORT THAT BASIC, UH, POSITION.

WELL, I THINK YOU'RE ALMOST BRINGING IN YOUR OWN FBO.

THEY'RE ALREADY DOING SALES SERVICE, THEY'RE DOING SALES SERVICE AND EVERYTHING ELSE.

THE FBO OTHER PART OF THAT IS RELATIVELY INEXPENSIVE.

THEY ALREADY HAVE EVERYTHING THERE.

THEY GOT THEIR, THEY GOT A CAPTIVE CUSTOMER WITH THEIR OWN PLANES COMING IN FOR SERVICE AND EVERYTHING ELSE.

SO THE FBO REALLY IS THE LEAST EXPENSIVE PART OF THE OPERATION SIDE, IN MY OPINION.

SO IT MAKES SENSE TO JUST DO THE FBO FBO WHILE, YOU KNOW WHAT, AND I, I DON'T THINK I OUTTA ALL THE PLACES I'VE FLOWN TO FOR RETAIL, WHERE THERE'S BEEN RETAIL SALES I HAVEN'T ONCE SEEN WHERE IT'S A RETAIL SECTION OR SERVICE SECTION, BUT ISN'T AN FBO AT THE SAME TIME ECONOMICALLY.

YES.

VERY INTERESTING OPPORTUNITY.

I HAVE NO DOUBT THAT JOHN, STEVE WILL EXPLORE THIS IN MUCH GREATER DETAIL.

AS I SAID AT THE OUTSET, THIS IS VERY PRELIMINARY.

WE APPRECIATE, UH, JOHN, YOU COMING AND MAKING THIS PRESENTATION TODAY.

AND I'M, I'M SURE THE CONVERSATIONS WILL CONTINUE.

WE HOPE TO SEE YOU BACK AGAIN AND, UH, AT SOME POINT WITH YOUR DEVELOPER, UM, TO SEE WHAT OPTIONS ARE ARE AVAILABLE.

SO THANK YOU AGAIN FOR MR. CHAIRMAN.

YEAH.

WHO WE GOT? BRIAN OR MARK? CAN YOU HEAR ME? YEAH, MARK.

YEAH, I, I, YEAH, I HAD ONE FOLLOW UP QUESTION, IF I MAY GO, GO AHEAD.

AHEAD, MARK.

AND THAT, AND THAT, AND THAT QUESTION IS, WE TALKED ABOUT TRAINING, AND THE TRAINING WOULD BE FOR, UH, CERTAIN AIRCRAFTS GOING ON A FLIGHT SCHOOL, TALKED ABOUT MAINTENANCE.

WOULD THAT MAINTENANCE BE FOR ANY AND ALL AIRCRAFT OR JUST LIMITED TO THE MAINTENANCE THAT IS PART OF THE, UH, THE ONE MANUFACTURER THAT IS, UH, INTERESTED? NO, THEY REPRESENT OTHER MANUFACTURERS.

ONE THAT COMES TO MIND IS EMBRAER.

UH, THERE ARE OTHER AIRCRAFT THAT THEY'LL MAINTAIN AS WELL.

WELL, YEAH, MY QUESTION, OKAY.

UNDERSTAND, YOU TALK ABOUT EMBRAER AND THIS OTHER ONE, BUT IF I BROUGHT MY TRUCK STILL THERE, WOULD IT BE ABLE TO MAINTAIN IT THERE OR WOULD IT NOT BE SUPPORTED? I'LL, I'LL GET AN ANSWER BACK TO JOHN REBOLT.

I DON'T WANT TO GUESS ON THAT, BUT I, OKAY.

I BELIEVE THEY'LL SERVE OTHER AIRCRAFT.

OKAY.

AND WE DO, WE DO EXPECT THEM TO WORK WITH THE SCHOOL SYSTEM AND AREA, AREA RESIDENCE FOR HIRING.

AND, UH, I, I KNOW I'M GONNA GET THE HOOK HERE, BUT, UH, MAYBE IN YOUR JANUARY MEETING WE'LL HAVE REPRESENTATIVES BACK FROM SKY DRIVE.

THEY'RE A, UH, UH, ELECTRIC, UH, VERTICAL TAKEOFF AND LANDING, UH, THAT YOU MIGHT FIND INTERESTING.

MOST OF THE AIRPORTS IN SOUTH CAROLINA ARE MEETING WITH THEM TO JUST GO OVER SOME OF THE COMPREHENSIVE PLANNING ISSUES AROUND CHANGES IN FLIGHT.

I, ONE LAST TACK ON, AND THEN WE'LL CALL IT QUITS AND BRAY, AS YOU KNOW, ALSO THE MANUFACTURERS A VERY LARGE FLEET OF COMMERCIAL AIRCRAFT AND FLA.

THAT'S WHAT FLIES INTO HILTON HEAD.

WOULD THIS MAINTENANCE FACILITY ALSO SERVICE THE COMMERCIAL AIRCRAFT THE AIRLINES USE, OR IS IT STRICTLY FOR PRIVATE GA AIRCRAFT? I'LL GET JOHN AN OR, OR STEVE AN ANSWER AND YOU'LL HAVE THAT.

THAT'S FINE.

THANK YOU.

JUST ONE MORE QUESTION OF SLIGHTLY, SLIGHTLY DIFFERENT TOPIC.

WITH THE LAND PROPOSAL AS IT CURRENTLY EXISTS IN THIS DOCUMENT, UH, WOULD THIS PROJECT BE ZONED AND TAXABLE IN THE TOWN OF HILTON HEAD ISLAND, BEAUFORT COUNTY, OR TAX EXEMPT? IT, I, TO BE DETERMINED, IT'LL BE A NEGOTIATION IN TERMS OF, UH, ANY KIND OF REVENUE SHARING OR WHATEVER THE CASE MIGHT BE.

CUZ HILTON HEAD'S GONNA BE CONTRIBUTING, UH, IF THEY DECIDE TO GO MOVE FORWARD WITH IT.

I'M MEETING WITH THEIR STAFF TUESDAY.

THEY'VE BEEN BRIEFED ON IT OVER THE LAST FIVE YEARS, BUT THERE'S SOME 9.7 ACRES THAT ARE IN HILTON HIT TODAY.

UNDERSTOOD.

THANK YOU.

THANK YOU.

ALL RIGHT.

THANK YOU AGAIN FOR YOUR TIME.

NICELY DONE.

ALL RIGHT.

SECOND, NOT LAST, BUT FULL EAST, UH, RUSSELL FRIED, UH, HAS, AGAIN, ANOTHER TYPE OF BUSINESS OPPORTUNITY OR A SIMILAR TYPE OF BUSINESS OPPORTUNITY, UH, FOR HILTON HEAD AIR AIRPORT.

RUSSELL'S ALSO BEEN TALKING TO JOHN OFF AND ON, UH, AS WELL.

SO HE IS NOT A COMPLETE STRANGER.

PERFECT.

THANK YOU, MR. CHAIRMAN.

UH, AND THE REST OF THE BOARD'S, THE, THE BLUE PRESENTATION, UH, FOR YOU.

UH, I'VE BEEN TALKING WITH BOTH JOHNS ACTUALLY.

SO, SO IT'S, UH, IT'S BEEN FUN TO SEE EVERYBODY HERE TODAY.

UM, I DID SUBMIT A, A PROPOSAL VIA WRITING, UM, TO CHAIRMAN ACKERMAN AND TO, TO MR. REMOLD.

I HOPE THAT MADE ITS WAY TO EVERYBODY ELSE, UH, WHICH REALLY SUMMARIZED OUR PROPOSAL OF A SECOND FBO AT THE HILTON HEAD AIRPORT.

UM, THE INVESTMENTS, UH, ARE SECURED BY MYSELF AND MY FATHER, WHO HAVE FORMED A COMPANY CALLED FREEDOM AEROSPACE, AND A LITTLE BIT ABOUT THE HISTORY OF, OF FREEDOM AEROSPACE AND WHO WE ARE AND

[00:55:01]

WHY WE WANT TO DO THIS.

UM, WE'VE BEEN FLYING AIRPLANES OUT OF THE, OUT OF THE, THE REGION HERE, YOU KNOW, COLLECTIVELY BETWEEN THE TWO OF US FOR 20 YEARS.

UM, AND WE'VE BEEN OPERATING OUTTA THE SAVANNAH AIRPORT PREDOMINANTLY BECAUSE OF THE, THE NEED FOR LARGER FACILITIES AND A LARGER RUNWAY.

WE'RE VERY EXCITED AT THE DEVELOPMENTS THAT HAVE BEEN MADE AT THE HILTON HEAD AIRPORT, UM, AND BEFOR COUNTY AIRPORT, UH, TO MAKE THOSE, UM, TO, TO MAKE THOSE MORE ACCESSIBLE TO, TO, UH, OPERATORS.

SO MY BACKGROUND, UH, IS IN AVIATION, AVIATION, UM, BOTH FROM A PILOTING SIDE, ALSO AN ENGINEERING SIDE.

I, I SPENT TIME AT GULFSTREAM AS A RESEARCH AND DEVELOPMENT ENGINEER, SPENT TIME AS BOEING, UH, AT BOEING AS A RESEARCH AND DEVELOPMENT ENGINEER.

UM, MOST RECENTLY I WAS ON WALL STREET, UM, AS AN AEROSPACE INVESTMENT BANKER, FOCUSING EXCLUSIVELY ON AEROSPACE AND DEFENSE TRANSACTIONS, UH, LARGE COMPANIES, UM, WITH A LOT OF DEAL VOLUME THERE.

SO, SO MY CUMULATIVELY, WE'VE, WE'VE CLOSED ABOUT $5 BILLION WORTH OF AEROSPACE TRANSACTIONS, UH, MY TIME AS A BANKER.

UM, AND THEY'RE THE LAST ONE.

SO, SO THE, THE CULMINATION OF MY FLYING EXPERIENCE IS, HAS BEEN, YOU KNOW, OVER A THOUSAND HOURS AND TYPE RATED AND, AND, UH, ALE JET AND, AND FLOWN ALL AROUND THE COUNTRY HAS BEEN A LOT OF FUN.

UM, YOU KNOW, MY FATHER ON THE OTHER HAND, WHO CO-FOUNDED THE FAMILY OFFICE WITH ME, UM, IS A SEASONED EXECUTIVE FROM THE PRECISION MANUFACTURING WORLD.

UH, HE'S GROWN AND SOLD TWO COMPANIES, UM, ONE BEING DEFENSE ELECTRONICS, UH, COAXIAL CABLES AND CONNECTORS, CABLE ASSEMBLIES PREDOMINANTLY FOR SATELLITES, CRUISE MUSCLES, UH, MILITARY AIRCRAFT.

AND THE OTHER BUSINESS WAS MEDICAL DEVICES, UH, ALONG WITH INDUSTRIAL DEVICES.

UH, THEY ACTUALLY MADE A LOT OF AFTERBURNER TUBES FOR THE F 14 TOMCAT.

UH, SO SOME PRETTY INTERESTING ENGINEERING THERE.

UH, AND THAT WAS A LARGE GLOBAL ORGANIZATION FOR HIM.

SO, SO I SAY SEASONED EXECUTIVE, RIGHT? THEY HAD OVER 3000 EMPLOYEES SPREAD ACROSS 13 PLANTS IN FIVE COUNTRIES.

SO, SO IT WAS A BIG, UH, A BIG INDUSTRY THAT, YOU KNOW, WENT THROUGH THE, THE I P O PROCESS, THE WHOLE NINE YARDS.

SO, UH, THERE'S A LOT OF EXPERIENCE ON THE TEAM FROM AN OPERATING POINT OF VIEW, UM, A CUSTOMER POINT OF VIEW, BECAUSE WE'VE BEEN CUSTOMERS OF THE AVIATION INDUSTRY FOR SO LONG.

WE'VE SEEN HOW OPERATORS, UH, CAN DO IT WELL.

WE'VE SEEN HOW OPERATORS CAN DO IT POORLY AND, AND WE REALLY SEE A LOT OF ROOM AND DEMAND IN THE INDUSTRY FOR, FOR NEW INVESTMENT.

UM, BUT THE MOST IMPORTANT PART ABOUT ALL THIS IS WE'RE LOCAL.

WE LIVE IN BEAUFORT COUNTY.

YOU KNOW, WE'VE, WE'VE LIVED HERE FOR FOREVER.

I WAS, UH, RAISED HERE.

I WENT TO HIGH SCHOOL, DOWN HILTON HEAD.

I MET MY WIFE HERE.

HER FAMILY'S HERE.

THEY'RE RESTAURANT TOURS THAT, UH, OWN THE CRAZY CRAB RESTAURANTS.

SO THERE'S A LOT OF, UM, THIS IS HOME REALLY IS THE, IS THE SHORT WAY OF SAYING IT.

AND WE WANT TO CONTINUE TO BE HERE, UM, AND SUPPORT AVIATION, WHICH IS THE INDUSTRY WE'RE PASSIONATE ABOUT.

SO, FLIPPING NOW TO, TO THE NEXT PAGE HERE, THERE'S A LAYOUT, UH, AND THIS IS TAKING RIGHT OUTTA THE MASTER PLAN OF, OF THE HILTON HEAD AIRPORT.

SO THERE'S TWO PROPOSED LOCATIONS, UM, ONE BY THE BASE OF THE TOWER, AND THEN THE OTHER, UH, OFF TO THE RIGHT SIDE OF THE PAGE IS, IS NEW PROPOSED HANGER DEVELOPMENT.

SO WE'D LIKE TO SEE A SECOND FBO RIGHT IN THE MIDDLE OF THE FIELD, UNDER THE TOWER WITH, WITH VISIBLE FRONTAGE WHEN YOU FLY INTO THE AIRPORT, CUZ UH, PILOTS WE'RE GOOD IN THE SKY, BUT WHEN WE'RE ON THE GROUND, WE DON'T KNOW WHERE WE'RE GOING.

SO WE NEED THE BUILDING RIGHT THERE.

SO WE SEE WHERE WE'RE GOING, UH, FRONT AND CENTER WITH, WITH NICE SIGNS, AND THEN LANDSCAPING AND STRIKING ARCHITECTURE TO DRAW YOU IN, AS WELL AS OPERATING HANGERS AND ADDITIONAL GROWTH FACILITIES ON THE, THE SECOND SITE OFF TO THE RIGHT.

UM, AND THIS NEW DEVELOPMENT, IT'S, IT'S CRITICAL WHEN WE SURVEY PILOTS IN THE AREA, UM, THERE'S A LOT GOING ON RIGHT NOW WITH THE SAVANNAH INTERNATIONAL AIRPORT THAT'S DISRUPTING GENERAL AVIATION AS IN THE TUNE OF A MASSIVE REDEVELOPMENT CAMPAIGN WHERE THEY'RE REALLY ELIMINATING A LOT OF HANGAR SPACE AT AN AIRPORT THAT ALREADY HAD A WAIT LIST.

WELL, HERE AT HILTON HEAD, WE HAVE A WAIT LIST.

UM, AND MY, MYSELF, IF, IF I WERE THE TOWN, I'D WANT TO INCREASE OUR, OUR FUEL FLOWAGE, RIGHT? I'D WANT TO INCREASE, UM, YOU KNOW, THE AMOUNT OF REVENUE GENERATED BY THE TOWN THROUGH FUEL.

I'D WANNA INCREASE THE AMOUNT OF VISITS TO HILTON HEAD, HEAD.

UM, AND WHEN FOLKS VISIT SOMEWHERE OR CHOOSE TO VISIT SOMEWHERE IN AN AIRPLANE FOR A LONG PERIOD OF TIME, THEY WANT TO KNOW THAT THEIR AIRPLANE CAN BE PUT INSIDE AND TAKEN CARE OF, UH, BECAUSE IT IS A RATHER LARGE INVESTMENT THAT YOU, YOU DON'T WANNA LEAVE OUT, UH, IN A HAILSTORM OR IN ONE OF OUR BAD THUNDERSTORMS. UM, SO WE'RE PROPOSING TO SOLVE THIS, THIS, UH, DEMAND ISSUE, UM, BY BUILDING A SECOND FACILITY.

UH, PILOTS HAVE A LONG MEMORY AND ASSOCIATE CERTAIN THINGS WITH, WITH CERTAIN OPERATORS.

UM, SO THERE REALLY IS A NEED, UH, FOR THE DESIGN GOALS ACROSS THE TOP OF THE FOLLOWING SLIDES.

SLIDE

[01:00:01]

THREE.

UM, TO CHANGE THE DYNAMIC OF HOW FBOS OPERATE TO BE MORE HOSPITABLE, UM, TO BE CONSCIENTIOUS OF PRICES.

UM, ACROSS THE TOP, WE'VE, WE'VE, WE'VE GOT A COUPLE THINGS THAT WE'RE REALLY STRIVING TO DO IN OUR DESIGN.

UM, OF COURSE, SINCE THE INVESTMENT GROUP IS LOCAL, EVERYONE WE, WE HIRE AND THEN PLAN TO HIRE, WHAT WE PLAN TO DO IS A, A LOCAL FIRST OPERATION.

UM, INTERESTINGLY, HILTON HEAD IS A DESTINATION FOR A LOT OF FOLKS.

WHY CAN'T THE FBO BE A DESTINATION IN AND OF ITSELF? UM, WE SAW A VIDEO EARLIER OF A GENTLEMAN SITTING AND WATCHING AIRPLANES GO BY.

UH, IT'D BE A MUCH BETTER VIEW ON THE SECOND FLOOR OF A BUILDING WITH A RESTAURANT AND SOME COMMUNAL AREA TO GO ALONG WITH IT.

UH, WE REALLY WANNA MIRROR THE SPIRIT OF HILTON HEAD WITH THIS BUILDING AND THIS DESTINATION, UH, AND PROVIDE INNOVATIVE CUSTOMER SUPPORT, UH, AND A AND A DIFFERENT KIND OF FBO EXPERIENCE, UM, THAN, THAN IS CURRENTLY OUT IN THE MARKET.

AND LASTLY, SINCE THIS IS A NEW BUILDING BUILT TO, YOU KNOW, CURRENT CODES AND NEW STANDARDS, UH, WE'RE PROPOSING, YOU KNOW, A VERY ENVIRONMENTALLY CONSCIOUS DESIGN.

UH, WE WERE JUST AT MB A A, UH, TWO DAYS AGO, WHICH IS THE, THE LARGEST BUSINESS, UH, AVIATION CONVENTION THAT WAS DOWN IN ORLANDO, FLORIDA.

AND THE FOCUS WAS ON SUSTAINABILITY, SUSTAINABLE JET FUEL, ELECTRIFICATION, REALLY LIMITING, UH, THE CARBON FOOTPRINT OF AVIATION.

UM, BECAUSE, BECAUSE WE CAN DO IT, IT'S, IT'S EASY.

IT'S AT, I SHOULDN'T SAY IT'S EASY, IT'S ATTAINABLE.

UH, AND THERE'S BEEN GREAT ADVANCES MADE WITH, WITH UNLEADED AGAS, WHICH HAS JUST BEEN APPROVED ACROSS THE WHOLE FLEET.

UM, AS WELL AS FOLKS WHO ARE CREATING SUSTAINABLE JET FUEL, FOLKS WHO ARE DOING CARBON OFFSET, ALL THAT'S GREAT FOR THE AIRPLANES, BUT WHEN THE FBO STILL OPERATES AN OLD SMOKING DIESEL TUG, YOU KNOW, FROM THE EIGHTIES OR EARLIER, UH, YOU KNOW, WE, WE NEED TO WORK ON THAT, THAT ASPECT.

UH, SO THERE'S, THERE'S PLENTY TO BE DONE AT THE FBO LEVEL TO, TO SUPPORT, UH, ENVIRONMENTALLY FRIENDLY DESIGNS, UH, AND OPERATIONS.

NOW TO SUPPORT ALL THIS, LIKE I SAID, WE, WE, FREEDOM AEROSPACE DOES HAVE COMMITTED FUNDING.

FREEDOM AEROSPACE DOES HAVE COMMITTED BANKING RELATIONSHIPS.

UM, AND, AND FREEDOM AEROSPACE IS RIGHT HERE.

UH, AND WE WILL CONTINUE TO BE.

SO, UM, WE'VE ENGAGED WITH SEVERAL CONTRACTORS AND ARCHITECTS, UH, TO DATE, TO SEE WHAT THIS PROJECT ACTUALLY LOOKS LIKE WHEN YOU MAP IT OUT.

UM, SO, YOU KNOW, WE'RE ASKING FOR A, A PRELIMINARY DESIGN PERIOD, A DILIGENCE PERIOD, UM, FOLLOWED BY DETAIL DESIGN, UH, WHICH WILL HAPPEN LOCKSTEP WITH APPROVALS FROM ALL THE STAKEHOLDERS, UH, INVOLVED TO MAKE SURE THIS FACILITY, UH, MEETS EVERYBODY'S, EVERYBODY'S NEEDS AND GOALS FROM THE FAA AND, AND LARGER ENTITIES DOWN TO THE LOCAL LEVEL.

UM, FOLLOWED BY A, A, A CONSTRUCTION PHASE CULMINATING IN, IN 22 MONTHS WITH THE OPENING OF A FACILITY.

UH, AND THAT'S, THAT'S REALLY WHAT WE'RE, WHAT WE'RE LASER FOCUSED ON.

UH, WE'RE NOT IN ANY OTHER LINES OF BUSINESS.

SO THIS IS REALLY OUR CORE LINE OF BUSINESS AND OUR, OUR SOLE FOCUS.

UM, AND WE, WE'D WELCOME YOUR, YOUR FEEDBACK AND, AND QUESTIONS ON OUR PROPOSAL FOR A SECOND, FBO AT THE HILTON HEAD AIRPORT.

THANK YOU.

ANY QUESTIONS? UH, FOR MR. FRIED, YOU JUST A TECHIE FREEDOM ARROW SPACE.

WHAT'S THE RELATIONSHIP WITH FREED ARROW? WITH FREED ARROW? IT SAYS FREED ARROW ON THE LAST PAGE.

UH, BUT YOU'RE SAYING THAT IT'S FREEDOM ARROW SPACE? YEAH.

FREED ARROW IS JUST A, A SHORTENED VERSION OF THE NAME FREEDOM AEROSPACE.

OKAY.

CHRIS? NOT TOO DIFFERENT.

NO, NO, NO.

FREEDOM AEROSPACE JUST GOT VERY CUMBERSOME TO TYPE OUT AS AN EMAIL ADDRESS AND FOR A WEBSITE DOMAIN.

UM, SO FOR, FOR EASE OF, OF ACCESS, UH, FREE AEROSPACE, FREED ARROW, UH, WE'LL ALL REDIRECT YOU, UM, TO THE SAME PLACE.

UH, SO IF YOU SEE ON, ON OUR EMAIL ADDRESSES AND OUR WEBSITE IS FREED ARROW.COM, UH, OUR FULL LEGAL NAME IS FREE AEROSPACE LLC.

UH, COLLOQUIALLY, WE, WE, YOU KNOW, IN THE DISCLAIMER, WE LIKE TO COVER OUR BASES WITH WITH ALL OF THE NAMES THAT WE MAY USE, UH, AT ANY POINT IN TIME.

A COUPLE OF QUESTIONS.

UH, SO DO YOU GUYS OPERATE ANY FBOS CURRENTLY OR NO, THIS IS, SO THIS WOULD BE YOUR FIRST ONE? THIS IS, THIS IS, AS I SAID, OUR SOLE FOCUS.

YOU KNOW, WE DON'T HAVE OTHER LINES OF BUSINESS, UH, OUTSIDE OF, OUTSIDE OF OUR CORE INVESTMENT THESIS.

AND WHAT DO YOU THINK, WHAT DO YOU GUYS, UM, PRELIMINARILY, WHAT, WHAT DO YOU THINKING THE INVESTMENT'S GONNA BE? UH, WE THINK THIS IS ABOUT A $5 MILLION FACILITY.

OKAY.

AND DO YOU GUYS HAVE, SO LOOKING AT, YOU KNOW, LOOKING AT THE CHART THAT YOU HAD, UH, OR THE, UH, MAP KIND OF THE, AND I I THINK IT'S TO THE NORTH MM-HMM.

ON THE AREA FOR THE ADDITIONAL HANGERS THAT ISN'T CURRENTLY OWNED PROPERTY BY THE, BY THE AIRPORT NOW, RIGHT? THIS IS

[01:05:01]

PROPERTY YOU GUYS WOULD PURCHASE? I DON'T KNOW THE ANSWER TO THAT QUESTION.

IT'S, IT'S IN THE MASTER PLAN AS FUTURE DEVELOPMENT SITE.

SO, UH, IS THAT THE SAME AREA THAT WE, I, I DON'T KNOW.

IS THAT, IS THAT, I I THINK PART OF THAT, IT'S HARD TO TELL FROM THE, THE HILTON HEADMASTER PLAN HERE OR THE AIRPORT MASTER PLAN, BUT I THINK PART OF THAT IS OUTSIDE THE FENCE, NON-OWNED PROPERTY.

I THINK, UM, MR. OTU REFERRED TO THAT IN SOME OF THE, THE NEGOTIATIONS.

IS THAT THE SAME AREA? I, I DON'T HAVE IT, BUT WE CAN WORK ON THAT.

OKAY.

RIGHT.

SO THAT WOULD BE, UM, AND THEN THE OTHER, UH, NOW THE, THE, PERHAPS WHERE YOU'RE GOING IS OUR PRIMARY BUILD OUT IS OF THE LAND UNDER THE TOWER.

SO YEAH, THAT'S WHAT YOU'RE LOOKING NOT CONTINGENT AT ALL ON BOTH PLOTS.

OKAY.

UH, YOU KNOW, HOWEVER, AS EXPANSIONARY AREA, WE'RE ALWAYS INTERESTED IN GROWING THE FOOTPRINT OF THE BUSINESS TO GROW THE BUSINESS.

RIGHT.

UM, SO THE PRIMARY CONSTRUCTION AREA, THE PRIMARY LOCATION IS THE PLOT OF LAND, UH, RIGHT THERE NEXT TO THE TOWER IN THE CENTER OF THE AIRPORT.

AND, AND IT'S NOT CLEAR, OR AT LEAST IT'S NOT CLEAR TO ME, IT'S ONE OF THOSE CONFUSING THINGS I BROUGHT UP BEFORE.

UH, WHAT YOUR INTENTION IS TO BUILD UNDER THE TOWER, YOU'RE PUTTING TANK, THE TEE HANGERS UP, BOX HANGERS UP AS A TIE DOWN SPACE, UH, AN FBO FACILITY COMBINATION THERE OF WHAT EXACTLY ARE YOU LOOKING TO BUILD UNDER THE TOWER OR BY THE TOWER PROPERTY? SO IT'S, IT'S AN FBO FACILITY, A FUEL FARM.

AND THEN AFTER THAT IT'S PER OUR RESEARCH.

SO WE'VE GOT, YOU KNOW, PRELIMINARILY HOW WE CAN LAY OUT ON THE LAND, A LARGE BOX HANGER, UM, IF WE HAVE THE LAND AVAILABLE IN THE SECONDARY SITE THAT'S PERFECTLY SUITED FOR TEE HANGERS.

UM, NOW DEPENDING ON WHAT WE CAN LAY OUT WHERE AND WHAT THE OFFSETS LOOK LIKE, WE WOULD LIKE TO ALSO PROVIDE LONG-TERM TEE HANGER SPACE, UH, FOR FOLKS, UM, YOU KNOW, FOR LONG-TERM LEASE AS WELL, TENANTS, LOCAL TENANTS FOR LONG TERM LEASE.

UH, INITIALLY IT'S A MULTI-FLOOR TERMINAL BUILDING AND A, A LARGE, UH, COMMUNAL HANGAR PLUS A FUEL FARM.

SO I'M, I'M GONNA BRING UP THE SAME QUESTION AND CORRECTLY ASKED, UH, MR. OTO, IF YOU WERE TO BUILD OUT ONLY THAT PORTION OF THE SITE, JUST THAT PORTION THAT'S IN OR AROUND THE, UH, TOWER, UH, TOWER, IS IT ECONOMICALLY VIABLE TO RUN, UH, AN FBO WITHOUT T HANGERS? YOU'RE BASICALLY SELLING FUEL AND TRENCH AND TIE DOWN WITHOUT T HANGERS? OH, YEAH, YEAH.

WITH A ONE COMMUNAL HANGER, A TERMINAL BUILDING CONNECTED AND FUEL.

ABSOLUTELY.

SO, SORRY, YOU MENTIONED THE IDEA OF A VIEWING VENUE, FOOD AND BEVERAGE SERVICE IN YOUR BUSINESS PLAN.

WHAT'S THE F AND B ROLE PLAY AS A PERCENTAGE OF YOUR GROSS REVENUE? ZERO.

IT'S ALL, IT'S, IT'S IN OUR BUSINESS PLAN RIGHT NOW, WE JUST HAVE HANGAR, RENT AND FUEL AND EVERYTHING ELSE, UH, REPRESENTS ADDITIONAL UPSIDE.

BUT YOU'RE GONNA DESIGN THE BUILDING, YOU'RE GONNA BUILD THE BUILDING TO HOUSE THAT, AND I, BASED ON WHERE IT'S AT, AND HOWARD, YOU GUYS KNOW BETTER ON THAT.

THAT'S A, IS THERE GONNA BE, BE ANY PROBLEM ON PUBLIC ACCESS TO BE ABLE TO GET THERE? CUZ THAT'S WHAT YOU'RE GONNA NEED FOR YOUR RESTAURANT THAT I KNOW IS THERE, THERE'S ALREADY A, A, YOU KNOW, ALL THE ROAD INFRASTRUCTURE AND A MASSIVE PARKING LOT THAT'S, THAT'S NOT, THAT CAN GET TO BY THE PUBLIC THAT THE PUBLIC CAN GET TO WITHOUT AN ISSUE.

WELL, NO, THE PARKING LOT BELONGS TO THE FIRE DEPARTMENT BACK THERE.

THAT'S, THAT'S THEIR ACCESS.

UH, THE MOMENT FOR THAT PLOT OF LAND, THERE IS NO ACCESS TO THE, UM, AIRPORT SIDE OF THE FENCE AT THE MOMENT.

THE ONLY FENCE, THE ONLY, THE ONLY FENCE THAT EXISTS ALONG THERE FOR THAT PORTION IS FOR THE FIRE DEPARTMENT AT THE MOMENT.

HMM.

YEAH.

I'M, I'M IMAGINING YOU, YOU COULD GO INSTEAD OF TURNING LEFT TO SIGNATURE, THERE'S AN OPEN AREA WHERE NOT TOO FAR FROM THE PICNIC TABLE WHERE THE GENTLEMAN IN THE VIDEO WAS SITTING OPPOSITE CONVENIENCE CENTER.

THAT CAN, THAT CAN ALL BE, UH, YOU KNOW, CONNECTED TO THAT, TO THAT AREA.

YEAH.

WE'RE PROPOSING, WELL, TO BE DETERMINED, BUT UNDERSTOOD.

AND OBVIOUSLY YOU BELIEVE TWO FBOS CAN, WELL MAYBE YOU DON'T BELIEVE TWO FBOS CAN SURVIVE.

OH, NO.

THERE, THERE'S, THERE'S IN REVIEWING THE, THE FLIGHT PATTERNS OF FOLKS WHO'S COMING IN AND OUT, UM, AND BY TALKING WITH PILOTS AND ALSO, YOU KNOW, BEING IN THE AREA FOR THE PAST 10 YEARS, UH, YOU KNOW, THERE'S PLENTY OF NEED FOR THIS FACILITY.

FOLKS WHO, WHO HAVE THEIR AIRPLANES IN HILTON HEAD NOW, UM, WHETHER IT BEEVER HANGER IT IS, IS CURRENTLY IN, WHETHER THEY OWN IT THEMSELVES OR SOMEBODY ELSE OWNS IT, UH, THEY FLY THEIR AIRPLANES ELSEWHERE TO GET FUEL.

SO THERE'S, THERE'S PLENTY OF, OF DEMAND AND NEED, UH, FOR, FOR FACILITIES AT THE HILTON HEAD AIRPORT.

HAVE YOU DONE ANY OF THE PRELIMINARY STUDIES, LAND USE STUDIES THAT WOULD BE REQUIRED TO UTILIZE THAT LAND ENVIRONMENTAL STUDIES AND

[01:10:01]

ANYTHING ELSE THAT GOES WITH THE LAND USE? SO, SO INITIALLY, BECAUSE WE'VE, WE'VE HAD THESE CONVERSATIONS WITH, WITH MULTIPLE AIRPORTS AND, AND, YOU KNOW, DIFFERENT AREA, DIFFERENT FOLKS IN THE AREA, UH, YOU KNOW, IN THIS INITIAL PERIOD, UM, WE'VE BEEN PUTTING TOGETHER, YOU KNOW, BUSINESS CASES, UH, USING THE SATELLITE INFORMATION INTERVIEWING FOLKS, UH, WHAT WE ARE VERY COGNIZANT OF IS THE TIME OF, OF CONTRACTORS AND, AND OTHER FOLKS, UH, TO COME OUT AND PERFORM WORK ON, ON A SITE, UH, WITHOUT ANY KNOWLEDGE OF WHETHER IT'S, IT'S ACTUALLY GOING TO, YOU KNOW, MOVE FORWARD.

UM, SO ALL THAT WE'RE PROPOSING IN A 90 DAY DILIGENCE WINDOW, UH, TO, TO CONDUCT THAT WORK THEN.

AND THAT'S WHAT YOU'RE WILLING TO FUND WITHOUT ANY SORT OF COMMITMENT WITH THE PERMISSION OF THE AIRPORT'S DIRECTOR AND HIS OFFICE IS THAT WAS A 90 DAY, IT'D BE WITHIN A 90 DAY EXCLUSIVITY PERIOD.

SO WE'D, WE'D, WE'D LIKE TO PROPOSE THAT ALL OF THAT, YOU KNOW, IS, IS UNDER A EXCLUSIVITY WINDOW, UH, WITH US AS THE DEVELOPER.

AND THEN AT THE END OF THE 90 DAYS REVIEW, UH, THE DETAILED DOCUMENTATION FOR A GO NO-GO DECISION.

I'M NOT SURE I UNDERSTAND THE EXCLUSIVITY, UH, PROVISION.

UM, I UNDERSTAND YOU WANT 90 DAYS TO CONDUCT THE STUDIES AND DETERMINE WHETHER OR NOT, BUT YES, WE, WE, YOU KNOW, WE INTEND TO FUND THE ENTIRE CONSTRUCTION OF THIS FACILITY, AT LEAST THE LAND LONG TERM FROM THE AIRPORT.

SO WE'RE NOT ASKING, UH, YOU KNOW, UH, MR REMOLD OR, OR THE COUNTY FOR FUNDING TO COMPLETE ANY OF THE WORK REQUIRED FOR THIS FACILITY.

AND AT THE END OF THE 90 DAY PERIOD, IF IT'S DETERMINED THAT THE LAND IS VIABLE FOR THE USE, WHAT IS YOUR CONSTRAINT THEN? ARE YOU SIMPLY AN OPEN BIDDER FOR THE LAND OR ARE YOU LOOKING FOR A FIRM OF COMMITMENT? THAT'S SOMETHING WE'D LIKE TO DISCUSS, YOU KNOW, AS WE MOVE FORWARD DOWN THE PROCESS, UH, INITIALLY, UH, IN, IN A PERFECT WORLD, WE'D LIKE A FORMAL COMMITMENT, BUT, YOU KNOW, IT'S, IT'S ALWAYS A CONVERSATION TO, TO HAVE, I'D REFER YOU BACK THEN TO, TO JOHN, TO THE AIRPORT DIRECTOR'S OFFICE FOR THAT, FOR THAT TYPE OF CONVERSATION.

FOR SURE.

IS YOUR INTENTION TO FUND THIS OUTTA FAMILY FUNDS OR IS YOUR INTENTION TO FUND THIS WITH VENTURE CAPITAL MONEY, FAMILY FUNDS? AND YOU MENTIONED THAT YOU HAVE, UH, AT LEAST INVESTIGATED OTHER AIRPORTS, I GUESS IN THE GENERAL AREA HERE.

DO YOU HAVE COMMITMENTS FROM ANY OTHER AIRPORT TO MOVE FORWARD, OR YOU ARE, ARE YOU FARTHER ALONG IN THE PIPELINE? UM, AS COMPARED TO WIL HEAD? THIS IS THE FURTHEST PROJECT, THE FURTHEST ALONG PROJECT.

OTHER AIRPORTS HAVE HAVE SAID, UH, THANK YOU, BUT WE RESERVE THE SPOT FOR LARGE AEROSPACE CORPORATIONS AND COMMERCIAL USE, UH, NOT FOR GENERAL AVIATION.

UM, SO, YOU KNOW, AS A GENERAL AND BUSINESS AVIATION, UH, THESIS INVESTMENT GROUP, UH, THAT WAS DIFFICULT FOR US TO HEAR BECAUSE THERE'S A LOT OF VALUE AS, AS WE ALL KNOW IN GENERAL IN BUSINESS AVIATION.

UH, BUT I, YOU KNOW, AT THE SAME TIME I UNDERSTAND THEIR DECISION.

UH, SO, SO WE'RE REALLY APPROACHING AIRPORTS THAT ARE DESTINATIONS THAT DO SEE HIGH BUSINESS IN GENERAL AVIATION, UH, AVIATION VALUES, UM, AND ALSO THAT, THAT HAVE A PROBLEM WITH, WITH, UH, YOU KNOW, MONOPOLISTIC PRICING.

WOULD YOU BE WILLING, BE WILLING TO PROVIDE A BIT MORE DETAIL TO JOHN TO, TO THE AIRPORT'S DIRECTOR'S OFFICE ON, UH, SPECIFICALLY, MORE SPECIFICALLY THE USE OF BOTH PIECES OF LAND THAT ARE SHOWN IN THE, UH, IN THE, UH, DIAGRAM HERE, IT'S KIND OF GENERAL HERE.

YOU'RE LOOKING FOR ONE LARGE BOX HANGER, MULTIPLE TEA HANGERS, MAINTENANCE FACILITIES, NO MAINTENANCE FACILITIES.

YOU BROUGHT UP A RESTAURANT THAT JIM ASKED YOU ABOUT RESTAURANT, SO THERE'S A LOT MORE DETAIL THAT REALLY NEEDS TO BE CONSIDERED BEFORE COMPARATIVE PLANS CAN BE ANALYZED PROPERLY.

SO I'M SUGGESTING THAT YOU MIGHT GET A LITTLE MORE DETAIL TOGETHER, UH, FOR JOHN.

YEAH, WE'RE HAPPY, WE'RE HAPPY TO DO THAT.

YEAH.

HAVE YOU GUYS DONE ANY ARCHITECTURE STUFF YET? HAVE YOU HAD AN ARCHITECT? I MEAN, I KNOW YOU MENTIONED, UM, WE, WE'VE DONE THE CONVERSATIONS REQUIRED TO PUT TOGETHER A TIMELINE.

UM, THE ARCHITECT WE'VE BEEN IN CONVERSATIONS WITH IS CURRENTLY DOING TWO FBOS CURRENTLY IN THE STATE OF SOUTH CAROLINA AND IS FAMILIAR, UH, WITH WHAT IT WOULD TAKE TO GET ONE APPROVED.

UM, SO HE'S, HE'S GIVEN HIS BLESSING TO THIS TIMELINE THROUGH HIS FIRM, UM, AND, AND AS WELL AS PROVIDED CONSIDERATIONS OF WHAT, YOU KNOW, WHAT IT TAKES TO HAVE A SUCCESSFUL, UH, FACILITY.

MR. FRIED, UH, EARLY IN YOUR PRESENTATION YOU REFERENCED, UH, SUPPORT FROM A FINANCIAL COMMUNITY.

NONE IN MY BUSINESS OR OUR BUSINESS, WHO THAT MIGHT BE, BUT TOWARDS THE END OF THE PRESENTATION, PERHAPS IN RESPONSE TO A QUESTION, YOU SAID THAT IT WOULD BE TOTALLY FUNDED BY THE FAMILY.

CORRECT.

[01:15:01]

SO I DON'T UNDERSTAND THOSE TWO POINTS.

THE, THE EQUITY FUNDING IS COMING FROM FREEDOM AEROSPACE.

UH, OTHER SOURCES OF CAPITAL WOULD BE, YOU KNOW, COMMITTED BANK FINANCING.

THANK YOU, HOWARD.

UM, AND HERE, CURIOSITY'S GETTING THE BETTER OF ME.

AGAIN, NOW'S THE TIME.

OKAY.

WE'RE A PART 1 39 AIRPORT.

WE NEED SIDE OF BADGES FOR BOTH ENTITIES.

HOW DIFFICULT IS THIS GOING TO BE FOR CONSTRUCTION BUILDING WORKERS? EVERYTHING THAT'S GOING TO BE NEEDED TO BUILD FBOS? I'M GONNA SUGGEST THAT'S A DETAIL THAT HAS TO BE ACCOMMODATED SOMEHOW DOWN THE LINE.

UH, THE SAME WAY WE WOULD ACCOMMODATE THE TERMINAL EXPANSION YEAH.

ON THE OTHER SIDE, BECAUSE WE'LL HAVE ALL SORT AND HAVE HAD ALL SORTS OF CONSTRUCTION PEOPLE ALREADY OUT ON THE RAMP BECAUSE AS YOU KNOW, THAT THE EXTENSION OF THE RAMP IS ALREADY COMPLETE.

SO I I THINK IT'S SOMETHING BOTH OF YOU.

YEAH, SO WE'VE ACTUALLY HAD DETAILED CONVERSATIONS WITH CONSTRUCTION FIRMS IN THE AREA WHO ARE ACTUALLY PERFORMING WORK AT SAVANNAH, UM, WHO ALSO HAS, YOU KNOW, THE TSA REQUIREMENTS, UH, FOR BADGING AND, AND CONTRACTORS ON THE PROPERTY.

UM, AND THEY'VE MENTIONED THAT IT'S SOMETHING THEY HAVE EXPERIENCE IN AFTER CONSTRUCTION, MULTIPLE BUILDINGS THERE, DOING A LOT OF WORK AT THAT FACILITY.

SO, UH, WE DON'T FORESEE IT AS, AS AN ISSUE SINCE WE'VE, WE'VE REALLY GONE OUT WITH SOMEBODY WHO'S GOT A LOT OF EXPERIENCE THEIR AIRPORTS.

BUT YOU DO KNOW ABOUT IT? YES, MA'AM.

BOTH OF YOU.

OKAY.

THAT'S, I'VE HAD ONE OF THOSE BADGES FOR A LONG TIME, WORKED WITH THE BADGING OFFICES FOR A LONG TIME, SO WE'RE .

HEY ANN, THIS IS, THIS IS, THIS IS MARK.

UH, YOUR QUESTION IS GOOD.

IT'S, THAT'S KINDA MY LINE OF BUSINESS AND IT'S, UH, I THINK ANY OF THE COMPANIES THAT THEY WOULD, UH, DEAL WITH TO BUILD FACILITIES WOULD BE AWARE OF THAT.

THAT'S JUST THE CONSTRUCTION WORLD IS AWARE OF THAT TYPE OF, UH, AN ISSUE.

SO THAT PART IS, IS NORMAL, UH, PART OF DOING BUSINESS.

HOWEVER, YOU'RE RIGHT, BOTH, BOTH PROPOSERS NEED TO, UH, MAKE SURE THEY'RE AWARE OF THAT.

BUT, UH, I DO HAVE HAVE A, UH, A QUESTION FOR, UH, MR. FRIED AND THAT IS THAT, UH, YOU, YOU TALKED ABOUT, UH, LINES OF BUSINESS, SO I UNDERSTAND IT RIGHT NOW.

YOU'RE TALKING ABOUT BASICALLY FUEL SALES AND UH, UH, AIRCRAFT STORAGE, ANYTHING ON, UH, MAINTENANCE FLIGHT TRAINING, UM, YOU MENTIONED RESTAURANT, ANY OF THOSE, UH, IN THE OFFING AS WELL OR, UH, JUST AT THIS POINT JUST, UH, THE FUEL AND STORAGE? YEAH.

THANK YOU FOR THE QUESTION AND, AND THIS WILL GIMME AN OPPORTUNITY TO CLARIFY MY ANSWER TO, TO MR. BUCKLEY.

SO CURRENTLY THE MODEL AS IT STANDS THAT SHOWS THIS AS A ECONOMICALLY VIABLE OPPORTUNITY FOR PRIVATE INVESTMENT ONLY INCLUDES FUEL SALES, UM, TO TENANT AND TRANSIENT CUSTOMERS, AS WELL AS AIRCRAFT STORAGE UNDER LONG TERM LEASE TO TENANT, AS WELL AS SHORT TERM AIRCRAFT STORAGE TO TRANSIENT CUSTOMERS, ALL OF THE OTHER AVENUES THAT WE'VE DISCUSSED, YOU KNOW, OUR POTENTIAL GROWTH OPPORTUNITIES FOR THE BUSINESS MOVING FORWARD.

UH, AND IT'S FOR THAT REASON, WE REALLY ARE EXCITED ABOUT THIS PROJECT BECAUSE IT'S NOT CONTINGENT ON BOTH PLOTS OF LAND.

UH, THE CORE BUSINESS IS OPERATE, UH, IS ABLE TO BE OPERATED FROM THE EXISTING LAND INSIDE THE FENCE.

UM, AND THERE ARE EXCITING POSSIBILITIES TO GROW THE BUSINESS THROUGH INCREASED GEOGRAPHIC FOOTPRINT FOR FLIGHT TRAINING, UM, AND MAINTENANCE OPPORTUNITIES.

UH, AND THAT'S SOMETHING, YOU KNOW, WE WILL CERTAINLY THINK ABOUT, UH, AND HAVE BEEN THINKING ABOUT.

UH, BUT THE EXISTING BUSINESS PLAN THAT SHOWS THIS IS VIABLE IS PURELY FUEL AND STORAGE.

ANYBODY ELSE? ANY OTHER QUESTIONS? BRIAN HAWK? YEAH, MR. FRIED, I'VE GOT A COUPLE OF QUESTIONS AND PART PART OF MY QUESTIONS ARE JUST BASED OFF OUTTA CONFUSION CUZ I DON'T HAVE, UH, YOUR PAPERWORK IN FRONT OF ME CUZ I'M DOING THIS REMOTELY.

BUT THE, THE PROJECT THAT JUST INVOLVES THE LAND AT THE CONTROL TOWER, YOU'RE TALKING ABOUT STORAGE OF AIRCRAFT.

ARE YOU CONSIDERING ANY PLANS FOR JUST OUTSIDE TIE DOWN AT THAT FACILITY OR IS THERE NO ROOM FOR THAT? THAT'S MY FIRST QUESTION.

SO THAT WOULD BE, UH, IF THERE'S ROOM BETWEEN THE CONCRETE PAD AND ANY SORT OF OFFSETS CREATED BY THE TAXIWAY TO HAVE TIE DOWNS, UH, WHERE THE TAIL OF THE AIRCRAFT IS AGAINST THE, UH, EDGE OF THE CONCRETE PAD BY THE TAXIWAY.

SO, SO THERE WOULD BE SPOTS.

YES, AND, AND YOU KNOW, LIKE ALL FBOS, THERE IS PLENTY OF LINE SPACING OUTSIDE.

UM, YOU KNOW, HOWEVER, MOST, MOST TENANT, MOST TRANSIENTS, UH, IN LARGER AIRCRAFT AND, AND YOU KNOW, LARGER GENERAL AVIATION AIRCRAFT DO ELECT TO TO STORE THEIR AIRPLANES INSIDE.

[01:20:01]

UH, ESPECIALLY FOLKS VISITING HILTON HEAD IN THE SUMMER FOR THUNDERSTORM POPS UP BECAUSE MOST PEOPLE AREN'T AWARE OF THE FACT THAT UNLESS YOU ACTUALLY OWN YOUR OWN AIRCRAFT, THAT HILTON HEAD AIRPORT RIGHT NOW IS A LITTLE BIT OF A UNIQUE AIRPORT IN THAT THERE IS NO PUBLIC PARKING AT OUR AIRPORT.

ALL THE LAND IS, IS EITHER TIED UP BY SIGNATURE OR THE PRIVATELY OWNED NORTHERN, UH, HANGER FORM.

AND SO YOU'RE, YOU'RE RAISING A GOOD POINT ABOUT THE FACT THAT TRANSIENT PILOTS REALLY DON'T HAVE ANY, UH, OPTIONS AT THIS POINT WHEN THEY COME IN HERE.

SO YOUR PROJECT DOES NOT INVOLVE GETTING THAT SECOND PIECE OF PROPERTY.

BUT IF YOU DID, WHAT I'M NOT CLEAR ABOUT IS WHERE IS THAT PROPERTY? BECAUSE IT SOUNDED LIKE TOOLS PRESENTATION THAT THERE'S PROPERTY THAT IT'S ALREADY TIED UP WITH THEIR PROJECT.

IS THERE ANOTHER PIECE OF PROPERTY YOU'RE TALKING ABOUT? ARE YOU TALKING ABOUT ONE IN THE SAME PIECE OF LAND? SO, SO I'M NOT SURE WHAT MR. UL'S PLOT IS.

UH, I'M PURELY GOING OFF OF, OF THE RELEASED AIRPORT MASTER PLAN.

UM, THAT SHOWS THE DEPARTURE END OF RUNWAY THREE.

ON THE RIGHT SIDE, UM, IS A, A PLOT OF LAND SHADED GREEN THAT HAS TAXIWAYS TEE HANGERS AND, UM, UH, BIG BOX SINGLE USE CORPORATE HANGERS DEPICTED AND, AND CALLED FUTURE DEVELOPMENTAL AREA.

UM, SO THAT WOULD BE PRIMARILY WHAT THAT PIECE OF LAND AND IN OUR LONG TERM PLAN WOULD BE USED FOR, UM, T HANGERS AND MORE OF A PRIVATE LONG TERM TENANT BASED AREA.

UM, NOW AGAIN, THAT COULD BE USED FOR, FOR MAINTENANCE, UM, DEPENDING ON THE TOWNS AND THE RESIDENCE'S SENTIMENT FOR FLIGHT TRAINING AND SMALL PISTON POWERED AIRPLANES BUZZING AROUND CONSTANTLY.

IT COULD BE USED FOR A FLIGHT SCHOOL, BUT IT DOESN'T HAVE TO BE.

UM, SO THERE'S, THERE'S REALLY A LOT OF OPTIONALITY WITH THAT SECOND PIECE OF LAND, UM, FOR, FOR ANYTHING THAT, THAT MAKES SENSE AND FILLS A NEED FOR FOLKS.

SO BRIAN, IF YOU, IF BRIAN, IF YOU WANNA SEE THE MATERIAL THAT, UM, WAS LEFT BY MR. OTU AND MR. FRIED, I'LL GET IT TO YOU ON THE WAY HOME.

I PASS RIGHT BY YOU, SO I'LL GIVE YOU A CALL.

YEAH, IT SOUNDS LIKE, UM, ONE MORE QUESTION RELATED TO THAT.

ARE YOU EXPECTING THE, THE AIRPORT OR THE COUNTY TO BUY THAT LAND AND LEASE IT TO YOU? OR ARE YOU LOOKING TO BUY YOURSELF IF THE OPPORTUNITY ARRIVES THAT WE'D CONTEMPLATE BOTH OPTIONS.

IT, IT REALLY, UH, IT REALLY DEPENDS ON, ON HOW IT LOOKS OUTSIDE OF JUST THIS, THIS PLANNED, UH, YOU KNOW, PUBLICLY RELEASED MASTER PLAN THAT I'VE BEEN REFERENCING.

RIGHT.

THANKS.

ALL RIGHT, THANKS BRIAN.

UM, ANYBODY ELSE? ANY OTHER QUESTIONS? ALL RIGHTY, UH, FOR US, VERY EXCITING.

WE'LL FINALLY HAVE SOME DISCUSSIONS ON THE GA SIDE OF THE HILTON AIRPORT.

AND I WANT TO EMPHASIZE, AGAIN, AS I DID AT THE OUTSET, IT'S VERY, VERY PRELIMINARY.

IT'S VERY, VERY EARLY.

IT'S A LOT OF DETAIL.

IT HAS TO BE FLESHED OUT IN THIS, UH, BOTH BY MR. FRIEDER, MR. OTU, UH, WITH JOHN AND WITH STEVE.

SO, UM, IT IS EXCITING.

I HOPE BOTH PARTIES WILL MOVE FORWARD WITH A LITTLE MORE COMPREHENSIVE DISCUSSIONS AT THE AIRPORT DIRECTOR'S LEVEL, UH, AND MAKE ULTIMATELY SOMETHING HAPPEN FOR HILTON HEAD AIRPORT ON THE GENERALLY AVIATION, GENERAL AVIATION SIDE.

SO I THANK YOU AGAIN FOR COMING.

THANK YOU.

APPRECIATE IT.

NICE PRESENTATION AND UH, HOPE TO STAY IN TOUCH.

ALL RIGHT.

WE STILL HAVE THE REST OF THE MEETING TO FINISH UP.

UH, STEVE, WE'LL COME BACK TO YOU FOR, WELL, FIRST OF ALL, NO UNFINISHED BUSINESS FROM THE BOARD.

OKAY? NONE.

UH, LET'S GO BACK TO

[10. GRANT ACCEPTANCE: RESOLUTION TO ACCEPT SCAC GRANT 22-044 FOR BEAUFORT EXECUTIVE AIRPORT (HXD) TERMINAL BUILDING EXTERIOR RENOVATION]

NEW, TO NEW BUSINESS AND SOME ACTION ITEMS. UH, SO STEVE, UH, YOU'RE UP AGAIN.

THANK YOU AGAIN, MR. CHAIRMAN.

AS OUTLINED EARLIER IN MY PRESENTATION, UM, WE'RE LOOKING FOR GRANT ACCEPTANCE FOR RESOLUTION EXCEPT SOUTH CAROLINA S CAC GRANT 20 2044 FOR THE, UH, BEAUFORT EXECUTIVE AIRPORT, UM, TERMINAL BUILDING EXTERIOR RENOVATIONS.

AS I MENTIONED, UH, WERE ALL YOUR USED PORTIONS OF H TAX AND S C A GRANT GIVES US MORE FLEXIBILITY TO CONTINUE WITH MORE LANDSCAPING, SIGNAGE, GUTTERS, WATER REMOVALS, THINGS LIKE THAT.

BILL, HAVE QUESTIONS FOR STEVE? I DON'T HAVE A QUESTION.

I WANTED TO BE FIRST.

YOU WANNA BE FIRST ? OKAY.

I HAVEN'T GOT A TURN THIS TIME.

, I'M VERY COMPETITIVE.

IF, IF THERE, UH, IF THERE ARE NO QUESTIONS FOR STEVE WITH RESPECT, UH, TO THE, UH, GRANT ACCEPTANCE, THE GRANT 22 OWES THE 0 4 4, I'LL ACCEPT A MOTION TO APPROVE, UM, THE, UH, S E A GRANT OF TWO TWO DASH FOUR FOUR FOR BEAUFORT EXECUTIVE AIRPORT'S TERMINAL BUILDING.

CHRIS IS THE MOTION MAKER.

YES.

DO HAVE A SECOND AND IS A SECOND.

OKAY.

ALL IN FAVOR PLEASE SIGNIFY BY SAYING AYE.

[01:25:01]

AYE.

BOARD, CHRIS, ANY OPPOSE? BRIAN, I SEE YOU WAVING A GOOD, I, UM, ANY OPPOSED IF NO MOTION PASSES? THANK YOU, JUDGE.

SO STEVE, I THINK THAT, UH, ENDS YOUR INAUGURAL MEETING.

THANK YOU VERY MUCH FOR DOING THIS.

UH, THIS IS ANOTHER, UH, COMMENT PERIOD, UH, FOR OUR CITIZENS, THE VAST MAJORITY WHO HAVE LEFT .

SO YOU GOT CHAIRMAN UPDATE TOO, DON'T YOU? DO WE HAVE A CHAIRMAN'S UPDATE? YEAH, WE DO HAVE IT ON YOUR AGENDA.

WELL, OUR CHAIRMAN'S UPDATE WAS REALLY INCORPORATED INTO WHAT OKAY.

OUR PRESENT, I'VE

[COMMITTEE REPORTS]

GOT ONE THING UPDATED.

A R W UH, WE FOUND APPARENTLY, UH, THAT IS NOT MUCH USED A GPU, UM, THAT MOSQUITO CONTROL HAS.

I WOULD ASK THAT WE TALK TO MOSQUITO CONTROL ABOUT THE USE OF THAT GPU BY THE FBO AND IT'S A POTENTIAL INCOME GENERATOR.

UH, BUT THE OTHER SIDE OF IT IS IF IT'S A PIECE OF EQUIPMENT, IT'S NOT BEING USED IS JUST GONNA BREAK, YOU KNOW, IT'S GONNA HAVE MORE REPAIRS.

UH, SO I, I'D LIKE TO MAYBE WE CAN TALK TO MOSQUITO CONTROL ABOUT USING THAT, THAT ITEM AT, UH, THAT GPU AND UH, I THINK THAT WOULD MAKE A, GIVE US A ADDITIONAL BENEFIT.

UM, OBVIOUSLY FOR, FOR THE, HAVING THE EXECUTIVE SERVICE AND ALSO, UM, UH, AS I SAID, AN ADDITIONAL REVENUE GENERATOR.

OKAY.

THANK YOU MR. I'LL GO OVER AND CHECK ON THE AP, THE GP.

THANK YOU STEVE.

THANKS STEVE.

OKAY, HERE WE NO, FOR THE CITIZEN COMMENTS.

UH, I REMIND EVERYBODY THAT OUR NEXT MEETING IS ON, UH, THURSDAY, NOVEMBER 17TH AT 1:30 PM OVER AT THE COUNCIL CHAMBERS AT HILTON HEAD.

WE HOPE TO SEE EVERYBODY IN PERSON, UNLESS YOU'LL HAVE SOME PERSONAL EMERGENCY, IT WOULD BE HELPFUL.

SO WITH THAT, I WILL ENTERTAIN A MOTION TO ADJOURN.

BRIAN, THANK YOU FOR THE MOTION.

AND MARK A SECOND.

YEP.

YOU GOT IT.

GOOD ENOUGH.

ALL RIGHT.

MEETING IS ADJOURNED.

THE COUNTY CHANNEL IS ALSO AVAILABLE ON VIDEO ON DEMAND.

GO TO BEAUFORT COUNTY SC.GOV, SCROLL DOWN TO PUBLIC MEETINGS.

CLICK WATCH NOW.

AND THEN CLICK THE VIDEO ON DEMAND BUTTON AND SELECT YOUR PROGRAM FROM THE LIST.

CALL THE MEETING TO, UH, ORDER.

IF YOU'D LIKE A DVD OF THIS PROGRAM, CLICK ON THE LINK ON THE RIGHT AND FILL OUT THE ORDER FORM.

AND THANK YOU FOR WATCHING THE COUNTY CHANNEL.