Illinois Administrative Code
Title 92 - TRANSPORTATION
Part 15 - AIRPORT LAND LOAN PROGRAM
Section 15.30 - Airport Eligibility

Universal Citation: 92 IL Admin Code ยง 15.30

Current through Register Vol. 48, No. 38, September 20, 2024

The Department may make a loan to an Owner subject to the following conditions and in compliance with this Part:

a) the airport must be publicly owned;

b) the airport must have been in operation as of January 1, 1999 (Section 34b(a)(1) of the Act);

c) the Owner must have current height restrictive zoning for the public airport (see 620 ILCS 25 and 30);

d) the airport does not provide scheduled commercial air service incounties greater than 5,000,000 population (Section 34b(a)(2) of the Act);

e) the Owner is not in default of an outstanding, unpaid loan under this Part.

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