(1) In establishing the amount of compensation due the division for a ROW, easement, lease, or special lease, the division shall:
- (a) adhere to the provisions contained in Section R651-700-5;
- (b) when practicable, base the amount of annual compensation on the fair market rental value; and
- (2) If reliable data concerning fair market rental values are not available, select another method for determining the amount of compensation due, or minimum bid at auction, such as a percent of the appraised value of the requested authorized area, percent of crop value, or percent of product produced.
KEY: property
Date of Last Change: October 24, 2023
Notice of Continuation: July 10, 2023
Authorizing, and Implemented or Interpreted Law: 79-4; 79-4-203; 79-4-203.5(a)