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March 20, 2004

Aero-News Quote Of The Day (03.20.04)

"Based on the information available, it is the FAA's determination that the Town of Ocean City has not adhered to the interim agreement." Source: FAA Airports Division Manager William Flanagan, in a letter to the town of Ocean City (MD). At issue is a golf course bought by the city with FAA grant money. Since the land for that golf course was purchased almost two decades ago, the town has agreed to put 10% of its operating revenues into a fund for the local airport and direct all airport growth toward the course. That hasn't happened. Now, if Ocean City doesn't pay $13.3 million into the airport fund and provide a strict accounting of golf course revenues for the past six years, the FAA says it will not only send the matter to the DOT Inspector General, but will c

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