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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 [www.gpo.gov]
[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 https://www.regulations.gov, and on the FAA's website at https://www.faa.gov/airports/airport_compliance/privatization.

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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