Compilation of Rules and Regulations of the State of Georgia
Department 413 - GRANTS OF THE ONEGEORGIA AUTHORITY
Chapter 413-8
Subject 413-8-1 - AIR GEORGIA, AIRPORT INITIATIVE IN RURAL
Rule 413-8-1-.05 - Eligible Activities
Current through Rules and Regulations filed through September 23, 2024
(1) Eligible uses of funds provided under the AIR Georgia program include those activities and the provision of facilities and services as described in O.C.G.A. 50-34et seq. Eligible uses of funds for this category shall include, but are not limited to: airport runway extensions; installation of navigational aids; installation of automated weather observing stations; acquisition of real property to facilitate expansion of airport infrastructure; and limited planning, environmental studies; and technical assistance. Other airport projects and uses which are not mentioned above but are specifically designed to increase economic opportunities may also be considered on a case by case basis.
(2) In addition, the AIR Georgia program may provide assistance to eligible applicants to finance facilities, projects and project costs for use by sub-recipient businesses and enterprises. Such sub-recipient uses may include the purchase of equipment or other assets or any other community or economic development and business assistance activity or purpose identified in O.C.G.A. 50-34-08et seq. It is important to note that the proposed use of AIR Georgia monies will dictate whether the funds can be provided as a grant to the applicant to undertake an activity, or whether they will be provided to the applicant but require a loan, lease or other agreement between the applicant and sub-recipient business or enterprise. The applicant, by accepting AIR Georgia funding, agrees to maintain the project and operate the airport as an open to the public facility for no less than 20 years or any other period which may be required within the award documents.
(3) In general, public acquisition or improvements of public facilities and infrastructure can be undertaken directly by the eligible applicant with AIR Georgia monies. Such acquisitions or improvements that are not restricted in use to certain enterprises do not generally require the use of a development authority as the applicant or party to the application. In order to maximize their competitiveness for airport infrastructure projects, applicants are encouraged to discuss their project with the Georgia Department of Transportation Aviation Programs office before submitting a proposal to the Authority.
(4) The OneGeorgia Authority reserves the right to establish criteria regarding the nature, types and forms of financial assistance that the AIR Georgia program provides. In general, assistance will take the form of grants, but could include low-interest loans or loan/grant combinations. The exact structure and amount will be determined by the activity to be financed and the financial capacity of the applicant. Loans will be structured using generally accepted public and private financing instruments and procedures. All recaptured funds must be returned to the OneGeorgia Authority.
O.C.G.A. Sec. 50-34-8et seq.
