California Public Utilities Code

§ 21681

PUC § 21681 Effective Jan 1, 2003Div. 9 · Part 1 · Ch. 4 · Art. 4

Statute text

As used in this article, the following terms have the following meanings:

(a)“Own and operate” means that the public entity shall own the property in fee simple or by a long-term lease of a minimum of 20 years, unless otherwise approved by the department, and shall maintain dominion and control of the property, except that the public entity may provide by contract with a person for the operation and management of an airport otherwise meeting the requirements of this article. Operations of the airport shall be for, and on behalf of, the public entity. All leases to the public entity of property are required to be approved by the department. A lease of the property by the public entity to an agent or agency other than to a public entity does not meet the criteria for participation in airport assistance funds.

(b)“Matching funds” means money that is provided by the public entity and does not consist of funds previously received from state or federal agencies or public entity funds previously used to match federal or state funds. This definition shall be retroactive to July 1, 1967.

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Legislative history

Amended by Stats. 2002, Ch. 438, Sec. 23. Effective January 1, 2003.