Aviation Enterprise Fund definition
Examples of Aviation Enterprise Fund in a sentence
As provided for in our Airport Management Contract Agreement, AAC will distribute 45 percent of the lease payments into the Aviation Enterprise Fund.
Future Budget Implications The Aviation Enterprise Fund will receive approximately $8,820 annually in base rent for the lease.
It also will provide a continued revenue flow to the County=s Aviation Enterprise Fund.
In addition, the City will replace substandard airport security fencing and construct a detention basin that will allow development of 110+ acres of airport land, thereby, increasing revenue to the Aviation Enterprise Fund.
The Borrower has no obligation to make any payment hereunder from any assets used in or revenues derived from the operation of the Airports, including the Aviation Enterprise Fund.
The Airports Authority has no obligation to make any payment of any Bond or the interest thereon from any assets used in or revenues derived from the operation of the Airports or any other funds of the Airports Authority, including the Aviation Enterprise Fund.
It will also provide an increased revenue flow to the County=s Aviation Enterprise Fund.
All rental revenue from the proposed lease agreement will be deposited into the Aviation Enterprise Fund.
The County's airport management contractor will collect the revenue for this lease agreement and distribute 45 percent of the lease agreement payments into the Aviation Enterprise Fund.
The Airports Authority has no obligation to make any payment of principal of or interest on any Bond from any assets used in or revenues derived from the operation of the Airports or any other funds of the Airports Authority, including the Aviation Enterprise Fund.