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AIRPORT LEASES

AIRPORT LEASES. BACKGROUND. • Purpose of the public airport lease is to lease public land for airport purposes – Act of May 24, 1928 (49 U.S.C. Appendix 211-213) • Land must be contiguous, unreserved, unappropriated, not to exceed 2,560 acres

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AIRPORT LEASES

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  1. AIRPORT LEASES

  2. BACKGROUND • Purpose of the public airport lease is to lease public land for airport purposes – Act of May 24, 1928 (49 U.S.C. Appendix 211-213) • Land must be contiguous, unreserved, unappropriated, not to exceed 2,560 acres • Applicant can be an individual (citizen), Corporation or a State or political subdivision • Regulations found at 2911 - very complete - additional guidance found in 2911 Manual

  3. APPLICATION • $100 Filing Fee (non-refundable) • No formal application form - application must contain clear legal description plus plan of development and use • AO may request any state and local licenses or permits • Filing of application segregates the land - see 2091.3-1(d)

  4. APPLICATION PROCESSING • Copy of application and development and use plans to FAA for review - FAA reviews for fuel facilities,lights, other furnishings for the rating • FAA prepares a report - conditions and requirements become a condition of the lease • EA/Mineral Report, etc.

  5. APPLICATION PROCESSING • Publish NORA in the Federal Register and in the local newspaper (applicant pays) - 45 day comment period • Appraisal - Full FMV for individuals or corporations 50% of FMV for States and political subdivisions Minimum for both $100 per year rental

  6. LEASE • Signed by applicant and AO (2 originals) - Form 2910-1 • Both BLM and FAA have right to inspect facility at any time • Lessee has 1 year to equip airport as required by FAA • Lease up to 20 years - suggest renewal language

  7. LEASE • Send one original to lessee, one original to casefile, and a copy of executed lease to FAA • Execution of lease continues to segregate the land - 2091.4-2 (note conflict with 2911 regs.) • Send a copy of executed lease to SO for plat notation - Update LR 2000 and LRAM

  8. COMPLIANCE • FMV rental is reviewed every 5 years • FAA submits report on use of the lands by the lessee every 5 years • BLM and FAA may inspect facility at any time

  9. COMPLIANCE Lease may be cancelled for: 1. failure to pay rental 2. failure to use for a period of six months 3. use of the property for any reason other than that authorized 4. failure to maintain the premises as required by FAA 5. failure to comply with terms and conditions of the lease or the 2911 regulations

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