Section 105IAC3-1-3. Conditions for use of funds

   Conditions. An applicant receiving airport development funds will be expected to work diligently towards obtaining airport hazard zoning and compatible land use zoning. Future projects may be delayed if the airport protection is not obtained.

  Any applicant receiving airport development funds shall operate the airport facility for a minimum of twenty years. Failure to meet this requirement shall result in a refund to the Airport Development Fund by the applicant. (Indiana Department of Transportation; Reg 6, Conditions; filed Aug 20, 1973, 11:10 a.m.: Rules and Regs. 1974, p. 31; filed Jun 8, 1988, 10:15 a.m.: 11 IR 3143; readopted filed Nov 7, 2001, 3:20 p.m.: 25 IR 899; readopted filed Jun 14, 2007, 2:45 p.m.: 20070627-IR-105070237RFA; readopted filed Oct 2, 2013, 11:39 a.m.: 20131030-IR-105130295RFA) NOTE: Transferred from Department of Transportation (100 IAC 3-2-3) to Indiana Department of Transportation (105 IAC 3-1-3) by P.L.112-1989, SECTION 5, effective July 1, 1989.