Michigan Administrative Code
Department - Transportation
Aeronautics Commission
Airport Development Loans
Section R. 259.802 - Loan eligibility and priorities
Universal Citation: MI Admin Code R. 259.802
Current through Vol. 24-04, March 15, 2024
Rule 2.
(1) A publicly owned airport listed in the current state airport system plan or a community which does not have a publicly owned airport but is listed in the current state airport system plan shall be eligible for state loan funds.
(2) State loan funds shall be allocated according to a priority system so as to maximize effectiveness.
(3) Project funding shall be based on the following priorities:
(a) A project at a non-air carrier airport which upgrades an airport to minimum requirements, as described in the fundamental development items, shall have first priority.
(b) A project at a non-air carrier airport involving items not defined as fundamental development items shall have second priority.
(c) A project at an air carrier airport shall have third priority.
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