17 AAC 10.120. Land exchanges

(a) For the purpose of a land exchange under AS 19.05.110 , AS 19.05.120 , AS 35.20.040 , or AS 35.20.050 , the department will, in its discretion, use excess right-of-way in the transaction.

(b) The department will not make an exchange of land under this section without

(1) preparing a written decision that the exchange is in the state's best interest, and that the value of the parcels of land to be exchanged is substantially equal; and

(2) issuing public notice of the pending exchange, published at least once in a newspaper in general circulation in the area where the excess right-of-way is located, at least 30 days before the projected date of the exchange; in that notice, the department will describe the land to be exchanged, and will provide that the department will accept public comments regarding the exchange that are received before the projected date of the exchange.

History: Eff. 5/4/2000, Register 154

Authority: AS 19.05.020

AS 19.05.070

AS 44.42.030

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