Alaska Administrative Code
Title 17 - Transportation and Public Facilities
Chapter 45 - Rural Airports
Article 2 - Authorization for Use of Rural Airport Property
17 AAC 45.220 - Lease, permit, concession, or other interest term limitations
Current through August 30, 2024
(a) The maximum period for the term of a lease, permit, concession, or other interest, including extensions and periods of holdover, relating to an airport is 55 years.
(b) Before the department approves or extends the term of a lease, permit, concession, or other interest for a non-aeronautical use of a premises that the department has determined in writing will be needed for an aeronautical use in the future, the department will first estimate when the premises will likely be needed for aeronautical use. A term or a term extension for a nonaeronautical use of those premises may not run beyond the time that the department estimates the premises will become needed for an aeronautical use and is subject to further extension only to the extent that need does not arise or is otherwise satisfied or deferred by the department.
(c) Before the department approves or extends the term of a lease, permit, concession, or other interest for any use of a premises that the department has determined in writing will be needed for airport development in the future, the department will first estimate when the premises will likely be needed for airport development. A term or a term extension for use of those premises may not run beyond the time that the department estimates the premises will become needed for airport development and is subject to further extension only to the extent that need does not arise or is otherwise satisfied or deferred by the department.
Authority:AS 02.15.020
AS 02.15.060
AS 02.15.090
AS 02.15.210