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HomeMy WebLinkAbout0225_252252 COVENANTS SECTION 7 If the funds herein or a portion thereof, are granted, Applicant agrees to the following conditions: 1. The airport or air navigational facility will remain under Applicant's control for at least twenty (20) years. 2. The project must be adequately planned. The Commission will insist that the proposed project conform to the approved Air- port Layout Plan and that the specific project be designed in accordance with TAC design manuals and specifications. 3. The funds applied for by the applicant may only be used for the establishment, construction, reconstruction, enlargement or repair of airports, airstrips or air navigational facilities. 4. At least ten (10) percent of the total project cost will be provided from sources other than the State of Texas. 5. That Applicant has the ability to finance and operate the airport or air navigational facility. 6. Applicant shall adopt and enforce an airport hazard zoning ordinance/order. 7. The last ten (10) percent of the grant contract or load will be paid only after the staff has inspected and approved the completed project and the sponsor has completed hazard and compatible land use zoning of the airport. IN WITNESS WHEREOF, the City has caused this application to be duly executed in its name, this 10th day of November, 1981. (Applicant) By: CLj� - tj (Title)