Compilation of Rules and Regulations of the State of Georgia › Department 413 - GRANTS OF THE ONEGEORGIA AUTHORITY › Chapter 413-8 › Subject 413-8-1 - AIR GEORGIA, AIRPORT INITIATIVE IN RURAL › Rule 413-8-1-.05 - Eligible Activities

Current through Rules and Regulations filed through June 27, 2024
(1) Eligible uses of funds provided under the
				AIR Georgia program include those activities and the provision of facilities
				and services as described in O.C.G.A.  50-34
et seq.
Eligible
				uses of funds for this category shall include, but are not limited to: airport
				runway extensions; installation of navigational aids; installation of automated
				weather observing stations; acquisition of real property to facilitate
				expansion of airport infrastructure; and limited planning, environmental
				studies; and technical assistance. Other airport projects and uses which are
				not mentioned above but are specifically designed to increase economic
				opportunities may also be considered on a case by case basis.
(2) In addition, the AIR Georgia program may
				provide assistance to eligible applicants to finance facilities, projects and
				project costs for use by sub-recipient businesses and enterprises. Such
				sub-recipient uses may include the purchase of equipment or other assets or any
				other community or economic development and business assistance activity or
				purpose identified in O.C.G.A. 50-34-08
et seq.
It is important
				to note that the proposed use of AIR Georgia monies will dictate whether the
				funds can be provided as a grant to the applicant to undertake an activity, or
				whether they will be provided to the applicant but require a loan, lease or
				other agreement between the applicant and sub-recipient business or enterprise.
				The applicant, by accepting AIR Georgia funding, agrees to maintain the project
				and operate the airport as an open to the public facility for no less than 20
				years or any other period which may be required within the award
				documents.
(3) In general, public
				acquisition or improvements of public facilities and infrastructure can be
				undertaken directly by the eligible applicant with AIR Georgia monies. Such
				acquisitions or improvements that are not restricted in use to certain
				enterprises do not generally require the use of a development authority as the
				applicant or party to the application. In order to maximize their
				competitiveness for airport infrastructure projects, applicants are encouraged
				to discuss their project with the Georgia Department of Transportation Aviation
				Programs office before submitting a proposal to the Authority.
(4) The OneGeorgia Authority reserves the
				right to establish criteria regarding the nature, types and forms of financial
				assistance that the AIR Georgia program provides. In general, assistance will
				take the form of grants, but could include low-interest loans or loan/grant
				combinations. The exact structure and amount will be determined by the activity
				to be financed and the financial capacity of the applicant. Loans will be
				structured using generally accepted public and private financing instruments
				and procedures. All recaptured funds must be returned to the OneGeorgia
				Authority.
O.C.G.A. Sec.
				  50-34-8
et
				 seq.