Section 4069 - Program Description and Annual Credit Disbursement ProcessThe Annual Credit provides eligible airports with annual discretionary funding subject to the provisions of PUC section 21682. To request approval to expend Annual Credit funds, the sponsor shall submit the following to the Department:
(a) Standard Application Form or letter. A completed and signed "California Aid to Airports Program (CAAP)--Annual Credit Disbursement Request" form [DOA-0009 (rev. 01/2005)]; or a signed letter requesting the Department's approval for expenditure of funds on eligible projects. The sponsor may either apply for disbursement of the Annual Credit, or automatically accumulate the Annual Credit for a period of five years. The accrual period begins with the first fiscal year during which the Annual Credit is available to the sponsor. The sponsor shall indicate the planned use of the Annual Credit in the application or letter.(b) Sponsor Eligibility and Airport Protection and Programming Requirements. A completed and signed "California Aid to Airports Program (CAAP)--Certification" form [DOA-0007 (Rev. 01/2005)] to certify eligibility pursuant to Article 2 of these regulations. This subdivision does not apply if the sponsor has previously submitted a completed certification form to the Department for the same fiscal year in which the expenditure is planned.Cal. Code Regs. Tit. 21, § 4069
1. New article 6 (section 4069) and new section filed 6-3-2005; operative 7-3-2005 (Register 2005, No. 22). Note: Authority cited: Section 21243, Public Utilities Code. Reference: Sections 21002, 21602, 21682 and 21688, Public Utilities Code.
1. New article 6 (section 4069) and new section filed 6-3-2005; operative 7-3-2005 (Register 2005, No. 22).