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The department will set the term or term extension for a permit, concession, building lease, or government agency land lease based on the following considerations:
(1) the applicant's actual or proposed development and use of the premises;
(2) sound airport planning and anticipated needs for security, safety, maintenance, and operations of the airport;
(3) future development needs of the airport;
(4) applicable covenants and restrictions in the state's title to airport property;
(5) the applicant's actual or proposed investment in permanent improvements and site development;
(6) the needs of a government agency applicant;
(7) the best interest of the state.
History: Eff. 3/28/2002, Register 161
Authority: AS 02.15.020
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Last modified 7/05/2006