Construct/expand terminal parking lot

The Department of Transportation Federal Aviation Administration Southern Region awarded $454,967.37 to Wayne County Airport Board on July 31, 2026, under the Airport Improvement Program (CFDA 20.116) to construct Phase 3 of a new nonrevenue-producing terminal parking lot at Wayne County Airport in Monticello, Kentucky.

The project constructs parking infrastructure to accommodate additional vehicle parking for airport passengers at the nonprimary airport. Phase 3 consists of construction activities. Performance runs through July 30, 2030, with work performed in Monticello, Kentucky. Wayne County Airport Board, which operates as Mag V Aviation, is the recipient and ultimate beneficiary of the funding. The Airport Improvement Program assists public-use airport sponsors in developing airport infrastructure that supports civil aeronautics and long-term economic benefits. Recipients must maintain airport layout plans for the duration of the grant agreement, ordinarily 20 years, and retain accounting records for three years after submission of the final expenditure report.

Activities and expected outcomes

This project constructs a new nonrevenue producing terminal parking lot at nonprimary airport to accommodate more vehicle parking for airport passengers. This grant funds phase 3, which consists of construction. Intended beneficiary: this grant will provide federal funding for airports associated with monticello, kentucky.