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4 Guidebook on Understanding FAA Grant Assurance obligations It is likely that governing body members will rarely employ the Guidebook directly to inform their decision-making. Rather, it is more likely that airport staff will present to the governing body the information from the Guidebook that is relevant to a particular issue or decision. The PowerPoint presentation accompanying the Guidebook is intended to assist airport staff in preparing and delivering these presentations. It is also likely that a governing body will be most interested in, or need to be informed about, specific grant assurance requirements, such as the requirements for the use of airport revenue, requirements for airport fees, and requirements for land use compatibility. 3.4 Local Communities Neighboring the Airport The areas surrounding an airport are often under the jurisdiction of a local government that does not operate the airport. The Guidebook and accompanying PowerPoint presentation can be used by airport staff to educate these neighboring communities and their officials in the same manner that this material is used to educate an airportâs governing body. Like the gov- erning body, it is likely that the interest of the neighboring community is focused on specific grant assurance requirements. In this case, those requirements might include the requirements for local coordination of major airport construction projects and for land use compatibility. Some aspects of the requirements for the use of airport revenue might also be of interest to these communities. 3.5 Other Stakeholders Other stakeholders include a variety of individuals or groups who may be affected by grant assurances or otherwise have an interest in better understanding grant assurance obligations. These stakeholders include the following: â¢ State block grant administrators; â¢ Airport consultants; â¢ Airport attorneys; â¢ Airport industry associations; â¢ Airport financial advisors, lenders, investors, and rating agencies; â¢ Concessionaires and contractors subject to disadvantaged business enterprise (DBE) require- ments, including firms designated as DBEs; â¢ Airline passengers; and â¢ Local citizens.