The Commonwealth Ports Authority is receiving $532,983 from the American Rescue Plan Act of 2021 to assist its concessionaires at three airports in the CNMI, according to Delegate Gregorio Kilili C. Sablan (Ind-MP) over the weekend. <\/p>\n
In his e-kilili newsletter, Sablan said the U.S. Department of Transportation announced last week the release of the grant funds, which is part of the $9,091,659 in emergency aid allocated to CPA.<\/p>\n
The delegate said the $532,983 grant funds will be used to cover rent and provide minimum annual income guarantees to airport concessionaires.<\/p>\n
He said $487,899 is for Francisco C. Ada\/Saipan International Airport; $35,342 is for the Tinian International Airport; and $9,742 is for the Benjamin Taisacan Manglona International Airport on Rota.<\/p>\n
Last October, the CPA board approved to extend until this month its rent abatement program for all tenants at the Francisco C. Ada\/Saipan International Airport and all Saipan seaport tenants that rely on the tourism industry. <\/p>\n
The board program provides a 50% discount on rent for airport and seaport tenants. CPA\u2019s Tenant Relief Program started in April 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"
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