Terms Used In Vermont Statutes Title 5 Sec. 803

  • Agency: means the Agency of Transportation. See
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC

§ 803. Lease and operation of radio air navigational aid

As an alternative to acquiring and owning an existing radio air navigational aid, the Agency is authorized at its discretion to lease and operate such a facility if the purposes of safety and economy will be equally served. (Added 1985, No. 222 (Adj. Sess.), § 2.)

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