Capital Project Procedures. (a) The Port will provide to the Signatory Airlines the following reports: (1) not less than twice each Fiscal Year at an AAAC meeting, a Status Report of the Approved Capital Improvement Projects that are listed in Exhibit F to this Agreement as SLOA II Projects or as Projects Approved in 2013 or that are approved pursuant to Section 6.2 below, containing updated information concerning the scope, schedule and budget status of those Approved Capital Improvement Projects; and (2) once each Fiscal Year at an AAAC meeting occurring in the fourth quarter, a 5-year CIP Outlook providing preliminary information regarding potential upcoming capital projects. (b) The Port will use its best efforts to obtain and to use federal funds for eligible Approved Capital Improvement Projects.
Appears in 5 contracts
Samples: Signatory Lease and Operating Agreement, Signatory Lease and Operating Agreement, Signatory Lease and Operating Agreement
