- (1) "Land value" means the fair market value of land within the right-of-way of the interstate system as determined by the department under the core assumptions set forth in R907-65-3 and established for compensation purposes under R907-65-6.
- (2) "Rate of return" means the annual rate of return on investment, using land value, as determined by the department and established for compensation purposes under R907-65-7.
- (3) "Zone" means a group of right-of-way segments of the interstate system as determined by the department and established for compensation purposes under R907-65-5.
The definitions of terms in R907-64-3 apply to the same terms used in this Rule. This Rule uses the following additional defined terms:
KEY: right-of-way, interstate highway system
Date of Last Change: November 16, 1999
Notice of Continuation: August 16, 2023
Authorizing, and Implemented or Interpreted Law: 72-7-108