Airport Investment Partnership Program
Primary source
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Issuing agencies
Abstract
The FAA has approved the Final Application by the City of Avon Park, Avon Park, Florida (City), for Avon Park Executive Airport to participate in AIPP. Three exemptions were issued from certain provisions of Federal law. The Application procedures require the FAA to approve the Final Application to permit exemptions after review of all documents necessary to comply with laws and regulations within the FAA's jurisdiction.
Full Text
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<title>Federal Register, Volume 89 Issue 219 (Wednesday, November 13, 2024)</title>
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[Federal Register Volume 89, Number 219 (Wednesday, November 13, 2024)]
[Notices]
[Pages 89690-89691]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-26190]
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DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
[Docket No.: FAA-2024-1724]
Airport Investment Partnership Program
AGENCY: Federal Aviation Administration (FAA), DOT.
ACTION: Notice of availability of the Record of Decision for the
participation of Avon Park Executive Airport, Highlands County, Avon
Park, Florida, in the Airport Investment Partnership Program (AIPP).
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SUMMARY: The FAA has approved the Final Application by the City of Avon
Park, Avon Park, Florida (City), for Avon Park Executive Airport to
participate in AIPP. Three exemptions were issued from certain
provisions of Federal law. The Application procedures require the FAA
to approve the Final Application to permit exemptions after review of
all documents necessary to comply with laws and regulations within the
FAA's jurisdiction.
DATES: The Record of Decision was signed on October 29, 2024. The City
will lease Avon Park Executive Airport to Florida Airport Management
KAVO, L.L.C., (FAM KAVO) in accordance with the Lease Agreement.
[[Page 89691]]
ADDRESSES: The Record of Decision is available for public review under
Docket Number 2023-1724, on the internet at <a href="https://www.regulations.gov">https://www.regulations.gov</a>, and on the FAA's website at <a href="https://www.faa.gov/airports/airport_compliance/privatization">https://www.faa.gov/airports/airport_compliance/privatization</a>.
FOR FURTHER INFORMATION CONTACT: Michael Helvey, Director, Airport
Compliance and Management Analysis, ACO-1, Federal Aviation
Administration, 800 Independence Avenue SW, Washington, DC 20591,
telephone (202) 267-3085.
SUPPLEMENTARY INFORMATION:
Introduction and Background
Title 49 of the U.S. Code, section 47134, establishes the AIPP and
authorizes the Secretary of Transportation, and through delegation, the
FAA Administrator (Administrator), to exempt a sponsor of a public use
airport that has received Federal assistance, from certain Federal
requirements in connection with the privatization of the airport by
sale or lease to a private party. Specifically, per section 47134(b)(1)
the Administrator may exempt the sponsor from all or part of the
requirements to use airport revenues for airport-related purposes, (in
the case of a non-primary airport, after the airport has consulted with
at least 65 percent of the owners of aircraft based at that airport).
If the exemption under section 47134(b)(1) is granted, the
Administrator shall exempt the sponsor from the obligation to pay back
a portion of Federal grants upon the sale or lease of an airport, or to
return airport property deeded by the Federal Government upon transfer
of the airport. If the exemption under section 47134(b)(1) is granted,
the Administrator shall exempt the private purchaser or lessee from the
requirement to use all airport revenues for airport-related purposes,
to the extent necessary to permit the purchaser or lessee to earn
compensation from the operations of the airport.
On April 20, 2021, the FAA issued a notice of procedures to be used
in applications for exemptions under the AIPP (86 FR 20586).
On July 7, 2023, the City and FAM KAVO filed the AIPP Final
Application for the privatization of Avon Park Executive Airport
(Docket Number 2023-1724). The Final Application provides for the lease
of Avon Park Executive Airport to FAM KAVO, and to operate the airport
as a public-use general aviation facility.
On September 22, 2023, the FAA published in the Federal Register a
Notice of Receipt of the Final Application of Avon Park Executive
Airport; commencement of a 60 day public view and comment period (88 FR
65422). The Notice made known the availability of the Final Application
for Avon Park Executive Airport for public view and comment. Comments
were requested by November 21, 2023.
The FAA received five comments in response to the Notice. The FAA's
response to the comments is included as an attachment to the Record of
Decision.
On October 29, 2024, the FAA signed the Record of Decision
approving the participation of the Avon Park Executive Airport in the
AIPP.
Issued in Washington, DC, on October 29, 2024.
Michael Helvey,
Director, Office of Airport Compliance and Management Analysis.
[FR Doc. 2024-26190 Filed 11-12-24; 8:45 am]
BILLING CODE 4910-13-P
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</html>This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.