FAA Reimburses Clinton National Airport $1.9 Million To Cover Land Purchases

Aug 2, 2014

Bill and Hillary Clinton National Airport
Bill and Hillary Clinton National Airport
Credit littlerock.com

The Federal Aviation Administration is making an installment payment of nearly $2-mil. to Clinton National Airport to reimburse the purchase of land for future development.

The purchase of property north of Dassault Falcon Jet began in 2006 and totaled $10.6-mil. The payment is just one installment in what will amount to a total reimbursement of $8.7-mil.

The land will be used to attract aviation-related industry. Spokesman Shane Carter says Clinton National takes seriously its role as an "economic engine" for the community and must always have land at the ready to attract aviation-supporting businesses, such as Dassault.