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(1) The Provo City Airport Master Plan prepared by Airport Development Group, Inc. and dated December 2000, as amended, shall constitute the master plan for the Provo municipal airport.

(2) Publicly funded capital improvements at the Provo municipal airport shall be subject to the following:

(a) The Airport Master Plan should be implemented on a methodical and deliberative, and not a speculative, basis.

(b) To the extent possible, the airport should be self-sustaining. Publicly funded capital improvements envisioned by the master plan which exceed thirty thousand dollars ($30,000) should be undertaken only when airport revenues are sufficient to support the capital improvement cost. For the purpose of this subsection, revenues may include state and federal matching funds.

(3) Within thirty (30) days following submittal of the capital improvements projects report required by Section 3.03.040 of this Code, the Mayor or the Mayor’s designee shall deliver a written report to the Municipal Council regarding the activities, whether public or private, undertaken to implement the airport master plan.

(Enacted 2001-13, Am 2001-19, Am 2007-37, Am 2024-01)