105 IAC 3-1-3 Conditions for use of funds

Sec. 3. 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.