Sponsor eligibility.

CFR · 2024-01-01 · US · Title 14

To be eligible to apply for an individual or joint project for development with respect to a particular airport a sponsor must— (a) Be a public agency, which includes for the purposes of this part only, a State, the District of Columbia, Puerto Rico, the Virgin Islands, Guam or an agency of any of them; a municipality or other political subdivision; a tax-supported organization; or the United States or an agency thereof; (b) Be legally, financially, and otherwise able to— (1) Make the certifications, representations, and warranties in the application form prescribed in § 151.67(a); (2) Make, keep, and perform the assurances, agreements, and covenants in that form; and (3) Meet the other applicable requirements of the Federal Airport Act and subparts B and C; (c) Have, or be able to obtain, enough funds to meet the requirements of § 151.23; and (d) Have, or be able to obtain, property interests that meet the requirements of § 151.25(a). (1) Is located in Puerto Rico, the Virgin Islands, or Guam; (2) Is in or is in close proximity to a national park, a national recreation area, or a national monument; or (3) Is in a national forest or a special reservation for United States purposes.

official document · source cfr-2024 · id 14:§ 151.37