Sec. 151.59 - Grant payments: Land acquisition.
If an approved project includes land
acquisition as an item of airport development, the sponsor may, at any
time after executing the grant agreement and after title evidence has been
approved by the Administrator for the property interest for which payment
is requested, apply to the FAA, through the Area Manager, for payment of
the United States share of the allowable project costs of the acquisition,
including any acquisition that is completed before executing the grant
agreement and is part of the airport development included in the project.