[Code of Federal Regulations]

[Title 14, Volume 3]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 14CFR151.23]



[Page 94]

 

                     TITLE 14--AERONAUTICS AND SPACE

 

CHAPTER I--FEDERAL AVIATION ADMINISTRATION, DEPARTMENT OF TRANSPORTATION 

                               (CONTINUED)

 

PART 151_FEDERAL AID TO AIRPORTS--Table of Contents

 

     Subpart B_Rules and Procedures for Airport Development Projects

 

Sec. 151.23  Procedures: Application; funding information.



    Each sponsor must state in its application that it has on hand, or 

show that it can obtain as needed, funds to pay all estimated costs of 

the proposed project that are not borne by the United States or by 

another sponsor. If any of the funds are to be furnished to a sponsor, 

or used to pay project costs on behalf of a sponsor, by a State agency 

or any other public agency that is not a sponsor of the project, that 

agency may, instead of the sponsor, submit evidence that the funds will 

be provided if the project is approved.



[Doc. No. 1329, 27 FR 12351, Dec. 13, 1962, as amended by Amdt. 151-34, 

34 FR 12883, Aug. 8, 1969]