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FEDERAL FUNDS AVAILABLITIY <br />Federal fiscal year begins October 1, 2008 (FY2009). Federal funds are not available to be <br />granted until after this date. <br />APPA (Airport Proiect Particiuation Agreement) OVERVIEW <br />Part I- ID of Project <br />Describes participants and project description. <br />Part II - Offer of Financial Assistance <br />Provides 90% federal and 10% local funding. NOTE: Engineering/Design services are <br />offered under this grant agreement. The construction estimate is included in this <br />agreement but a construction grant will not be issued until Commission approval and <br />construction bid opening for that phase of the project. <br />A separate grant will be issued for Construction. <br />Part III - Sponsor Responsibilities <br />Statutorily driven for state/federal compliance <br />SPECIFIC GRANT CONDITIONS (Part III): <br />(Required by Statute & Administrative Code) <br />* Sponsor will comply with the attachments (Certification of Airport Fund, and <br />Airport Assurances required by the FAA.) <br />* Sponsor will comply with applicable rules & regs <br />* Facility shall be controlled for at least 20 years <br />* Facility shall be operated in a safe manner <br />* Public access without unjust discrimination shall be provided <br />* No exclusive rights will be granted <br />* No through-the-fence operations shall be permitted without appropriate written <br />agreement <br />* All necessary land shall be acquired <br />* When requested, statements of airport revenues & expenses shall be submitted. <br />yearly audited financial statements should be submitted. <br />* Sponsor shall operate such lighting at least at low intensity from sunset to sunrise <br />* All fees collected shall be used for airport development & improvement <br />* An airport fund shall be established for revenues collected and all expenditures <br />from the airport fund sha11 be for airport purposes <br />* any revenue from mineral rights be identified as airport revenue; deposited to the <br />airport fund and used for airport operations <br />* All development shall be consistent with approved ALP <br />* Comprehensive zoning regulations shall be adopted <br />" 000176 <br />