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R-1984-17
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R-1984-17
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Last modified
11/2/2016 3:48:33 PM
Creation date
7/28/2006 8:19:00 AM
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Template:
Legislative Records
Legislative Type
Resolution
Legislative No.
R-1984-17
Date
9/26/1984
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<br />: <br /> <br />e <br /> <br />e <br /> <br />. . <br />. . <br />29. <br /> <br />Preserving AirDort Rights and Powers. It vill not enter into any transaction vbicb vould operate to deprive <br />it 'of any of tbe riSbts and povers necessary to perrol'lD any or all of tbe assurances berein vi thout the <br />vritten approval of tbe Secretary. and vill act to acqUire. extinsuisb or modify any outstandins risbts or <br />claims or risbt or otbers vbioh would interfere vitb suob performance by tbe sponsor. This shall be done in <br />a manner acceptable to the Secretary. <br /> <br />It vill not dispose of or encumber lts tltle or otber lnteresta ln the slte and facllltles durins the period <br />of Federal lnterest or wblle tbe Qovern.ent bolds bonds. whicbever is tbe lonser. The obllsation to perfol'lD <br />all sucb covenants may be assumed by anotber pUblio ..ency found by tbe Secretary to be elisible under tbe <br />act to aasume sucb obUsaUons and bav11l1 tbe power. autbority. and flnanclal resources to carry out all such <br />obUsations. If an arransement 18 _de for _Mae..nt or operatlon of the alrport by any asenay or .person <br />other than tbe sponsor or an ..ployee ot the sponsor. the sponsor wlll reserve sufflclent rlsbts and <br />autborlty to ensure that tbe alrport wlll be operated and ..lntalned ln accordance vltb tbe act, the <br />resulations. and thea. co"enanta. <br /> <br />30. Constructlon Accompllabment. It w1ll execute the projeot 1n aooordance wltb plans. apeclflcations, and <br />achedules as approved by tbe Seoretary. and lncorporated bereln. or wltb modlfications slmilarly approved, <br />and will provide and ..lntain oa.petent tecbnioal superVision at tbe construotion aite to assure that <br />completed work oontol'lDa witb the approved plana and speo1fioations. <br /> <br />PAA Po... 510D-100 (11-82) J)e"'los-eat, <br /> <br />Page 10 <br />
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