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- Alaska Statutes.
- Title 38. Public Land
- Chapter 35. Right-of-Way Leasing Act
- Section 140. Payment of Rental and Costs.
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Section 130. Right-of-Way Easements or Leases Acquired From Others.
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Section 145. Agreement to Provide For Payment of Preapplication Costs.
AS 38.35.140. Payment of Rental and Costs.
- (a) The lease price for a right-of-way lease shall be the annual fair market rental of the state land included in the
right-of-way based on the appraised fair market value of the land. The lease price is payable annually in advance on
or before the anniversary of the lease. The appraised fair market rental value shall be adjusted at five-year intervals
and charges or adjustments shall be based on a reappraised annual rental value. Rental may not be charged for any land
acquired by the lessee under AS 38.35.130
(b) and conveyed without cost to the state.
- (b) The lease applicant or lessee shall reimburse the state for all reasonable costs incurred in processing an application
filed under AS 38.35.050 and in monitoring the
construction, operation, maintenance, and termination of the pipeline on the right-of-way. The commissioner shall use
best efforts to reach agreement with the lessee addressing the details of cost reimbursement under this subsection and
shall provide the lessee with an annual estimate of the projected costs and scope of the work.
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