The Administrator's decision.

CFR · 2024-01-01 · US · Title 14

(a) (i) The amount and duration of the PFC will not result in revenue that exceeds amounts necessary to finance the project; (ii) The project will achieve the objectives and criteria set forth in § 158.15 except for those projects approved under § 158.18. (iii) If a PFC level above $3 is being approved, the project meets the criteria set forth in § 158.17; (iv) The collection process, including any request by the public agency not to require a class of carriers to collect PFC's, is reasonable, not arbitrary, nondiscriminatory, and otherwise in compliance with the law; (v) The public agency has not been found to be in violation of 49 U.S.C. 47524 and 47526; (vi) The public agency has not been found to be in violation of 49 U.S.C. 47107(b) governing the use of airport revenue; (vii) If the public agency has not applied for authority to use PFC revenue, a finding that there are alternative uses of the PFC revenue to ensure that such revenue will be used on approved projects; and (viii) If applicable, the public agency has submitted a competition plan in accordance with § 158.19. (2) The Administrator notifies the public agency in writing of the decision on the application. The notification will list the projects and alternative uses that may qualify for PFC financing under § 158.15, and (if a PFC level above $3 is being approved) § 158.17, PFC level, total approved PFC revenue including the amounts approved at $3 and less, $4, and/or $4.50, duration of authority to impose and ea

official document · source cfr-2024 · id 14:§ 158.29