Code of Federal Regulations

Title 14 - Aeronautics and Space
Volume: 3Date: 2020-01-01Original Date: 2020-01-01Title: Section § 151.59 - Grant payments: Land acquisition.Context: Title 14 - Aeronautics and Space. CHAPTER I - FEDERAL AVIATION ADMINISTRATION, DEPARTMENT OF TRANSPORTATION (CONTINUED). SUBCHAPTER I - AIRPORTS. PART 151 - FEDERAL AID TO AIRPORTS. Subpart B - Rules and Procedures for Airport Development Projects.
§ 151.59 Grant payments: Land acquisition. If an approved project includes land acquisition as an item of airport development, the sponsor may, at any time after executing the grant agreement and after title evidence has been approved by the Administrator for the property interest for which payment is requested, apply to the FAA, through the Area Manager, for payment of the United States share of the allowable project costs of the acquisition, including any acquisition that is completed before executing the grant agreement and is part of the airport development included in the project.
Code of Federal Regulations / Title 14 - Aeronautics and Space / Vol. 3 / 2020-01-01694