[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: 14CFR151.59]



[Page 107]

 

                     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. 151.59  Grant payments: Land acquisition.



    If an approved project includes land acquisition as an item of 

airport development, the sponsor may, at any time after executing the 

grant agreement and after title evidence has been approved by the 

Administrator for the property interest for which payment is requested, 

apply to the FAA, through the Area Manager, for payment of the United 

States share of the allowable project costs of the acquisition, 

including any acquisition that is completed before executing the grant 

agreement and is part of the airport development included in the 

project.