"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