§151.35. Airport development and facilities to which subparts B and C apply. — Inbound Citations

(1) It is an item of airport development described in § 151.35(a);

(2) That part of the cost of acquiring an existing private airport that represents the cost of acquiring passenger automobile parking facilities, buildings to be used as hangars, living quarters, or for nonairport purposes, at the airport, and those buildings or parts of buildings the construction of which is not airport development within the meaning of § 151.35(a);