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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 17. Transportation and Public Facilities. |
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Chapter 17.10. Engineering: Encroachments, Driveways, and Road Approaches. |
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Article 17.10.1. Encroachment Permits. |
Section 17.10.013. Establishing economic rent.
Latest version.
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For purposes of 17 AAC 10.011(b), the department will establish economic rent for a right-of-way held in fee simple by the use of commonly accepted real estate appraisal techniques. For rights-of-way held as easements, the consideration for the issuance of the permit is 90 percent of the economic rent established under this section for a right-of-way held in fee simple. A permittee shall reimburse the department for appraisal costs incurred to determine economic rent.
Authorities
19.05.020;19.05.070;19.25.200;44.42.030