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CPA gets $532,983 for concessionaires
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.
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.
The delegate said the $532,983 grant funds will be used to cover rent and provide minimum annual income guarantees to airport concessionaires.
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.
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.
The board program provides a 50% discount on rent for airport and seaport tenants. CPA’s Tenant Relief Program started in April 2020.
