Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE92. TRANSPORTATION |
PART15. AIRPORT LAND LOAN PROGRAM |
§15.30. Airport Eligibility
Latest version.
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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)