§15.30. Airport Eligibility  


Latest version.
  • The Department may make a loan to an Owner subject to the following conditions and in compliance with this Part:

     

    a)         the airport must be publicly owned;

     

    b)         the airport must have been in operation as of January 1, 1999 (Section 34b(a)(1) of the Act);

     

    c)         the Owner must have current height restrictive zoning for the public airport (see 620 ILCS 25 and 30);

     

    d)         the airport does not provide scheduled commercial air service in counties greater than 5,000,000 population (Section 34b(a)(2) of the Act);

     

    e)         the Owner is  not in default of  an outstanding, unpaid loan under this Part.

     

(Source:  Amended at 26 Ill. Reg. 18476, effective December 12, 2002)