Grant Amounts

Grant Amounts. The amount of a grant shall be based on a formula of Ten Dollars ($10.00) per seat per day calculation, not to exceed an annual total of Five Hundred Thousand Dollars ($500,000.00) per grant per airport. The calculation will be established using the air carrier’s monthly activity report. In no instance will any combination of grants exceed Five Hundred Thousand Dollars ($500,000.00) per year per airport.