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10.0 DEVELOPMENT STAGING AND FINANCIAL FEASIBILITY <br />10.1 Development Staaing and Costs <br />The purpose of this Master Plan Study is to estimate the <br />activity demand, ascertain the facilities required, and <br />provide an orderly approach to implementation of develop- <br />ment over the next 20 years. The implementation of the <br />Airport development plan, in whole or in part, depends on <br />the approvals and availability of local, state and federal <br />funding resources. It is possible that some of the <br />facilities discussed in earlier sections will not be im- <br />plemented. It is also possible that additional facilities <br />not contemplated at this point in time may be desired at <br />some point in the future. <br />Discussion of local funding alternatives appears in a <br />later portion of this section. State funds are available <br />for airport improvement projects. These funds are avia- <br />tion user generated (i.e., aircraft registration taxes, <br />aircraft fuel taxes, excise taxes, etc.), and are adminis- <br />tered by Minnesota Department of Transportation (MN/DOT) - <br />Division of Aeronautics. Basically, two types of funds <br />are available from MN/DOT for capital improvement pro- <br />jects. The first allows funding participation on projects <br />at a level of one-third local share and two-thirds state <br />funds. These funds are generally used on projects which <br />are not eligible for federal funds or for projects which <br />federal funds are not available. The second source of <br />funds are made available through MN/DOT's revolving hangar <br />fund. This fund provides airport sponsors (public juris- <br />dictions) a loan of up to 80 of the cost for hangars at no <br />interest with the loan payable in monthly installments <br />over a ten year period. <br />Federal funds are available to airports which are identi- <br />fied in the National Plan of Integrated Airports System <br />(NPIAS) through the Airport and Airway Improvement Act of <br />1982. * This Act provides for an Airport Improvement <br />Program (AIP) to fund airport capital improvement pro- <br />jects. AIP is financed entirely through taxes levied on <br />users of aviation services. These taxes include: <br />Domestic Airline Passenger Ticket Tax <br />International Passenger Enplanements Tax <br />Domestic Air Cargo Waybills Tax <br />* Five year program expires with FY 1986. A new program then <br />must be authorized by Congress. <br />10-1 <br />