A Port of Houston Authority source tells GlobeSt.com that the decision to open the issue up for public discussion before the council vote has spawned serious questions for teams from both authorities. The source says citizens' primary point of contention has been what they say is a lack of information about the terms. A term sheet with a basic outline of the merger is available, but a more costly full-blown report has not been conducted. The source says such a report would cost hundreds of thousands of dollars to prepare and countless man-hours. "People seem to want all of the details," says the source, "not just the framework." The source says that unresolved questions will be "resolved to the benefit of both ports" as the deal progresses.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.