Or. Admin. Code § 738-010-0055 - Highest and Best Use of State-Owned Aeronautical Property

An appraisal or market rent analysis conducted pursuant to sections 738-010-0035 through 738-010-0050 shall assume that the highest and best use of the property is for aviation-related activities, and shall further assume:

(1) That the property under analysis will continue to be part of an operating public use airport, and

(2) That access to the infrastructure and amenities of the airport will continue to be available to the public.

Notes

Or. Admin. Code § 738-010-0055

AVIA 3-2002, f. 10-30-02 cert. ef. 11-1-02

Stat. Auth.: ORS 835.035, ORS 835.040, ORS 835.112

Stats. Implemented: ORS 835.035, ORS 835.040, ORS 835.112, ORS 836.055