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NE airports will dig deeper for project costs

LINCOLN, Neb. (AP) – Local project costs are going up for most of Nebraska’s airports.
A provision of the Federal Aviation Administration legislation passed last month by Congress doubles the share airports must provide for projects paid for mostly with federal grants.
They’ll now have to provide 10 percent of a project’s funding instead of the 5 percent they have been paying.
Director Mike Olson of the Central Nebraska Regional Airport in Grand Island says that means the airport will have to come up with an additional $850,000 to $900,000 for its match on $17 million to $18 million worth of projects planned for the next several years.
The 25 percent match that Omaha’s Eppley Airfield pays won’t change.

 

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