Wash. Admin. Code § 332-22-020 - Definitions
Insofar as these rules apply, these definitions will be utilized.
(1)
"Commissioner" means the commissioner of public lands.
(2) "Department" means the
department of natural resources as defined in
RCW 43.30.030.
(3) "Board" means the board of
natural resources as defined in RCW 43.30.040.
(4) "Fair market rental value"
means the total rental that a property would command on the open
market as determined by either comparable rental rates being paid for
comparable uses or by the current fair market value of the property
times the applicable capitalization rate.
(5) "Fair market value for
improvements" is as defined in RCW 79.01.136.
(6) "Highest and best use" means
the legal use that will produce the highest return to the trust over
an extended period of time, including interim use.
(7) "Interim use" means any use of
the land for which a rent can be charged before the planned use is
attained.
(8) "State
lands" means lands owned by the state or managed by the department
excluding marine and aquatic lands.
(9) "Person" means a person at
least 18 years of age, a partnership, a corporation or a government
agency.
(10) "Bonus bid"
means the dollar amount offered, to be paid one time only, over and
above the periodic rent or the share of the crop.
(11) "Geothermal resources" means
only that natural heat energy of the earth from which it is
technologically practical to produce electricity commercially and the
medium by which such heat energy is extracted from the earth,
including liquids or gases, as well as any minerals contained in any
natural or injected fluids, brines and associated gas, but excluding
oil, hydrocarbon gas and other hydrocarbon substances, as defined in
RCW 79.76.030.
(12)
"Commercially feasible geothermal resources" means that amount of
geothermal steam, hot water, steam condensate, by-products thereof,
minerals and chemicals which are used for:
(a) The generation of electricity,
and
(b) Which are
derived, generated or manufactured from the premises or from a unit
plan which includes the lease premises, sufficient for commercial
sales, or
(c) Which would
warrant construction of facilities for processing or sale of such
product or by-products.
(13) "By-products" means
(a) Any mineral or minerals
(exclusive of oil and hydrocarbon gas) which are found in solution or
in association with geothermal steam or hot brine and which have a
value of less than seventy-five percent of the value of the
geothermal steam or are not, because of quantity, quality, or
technical difficulties in extraction and production, of sufficient
value to warrant extraction and production by themselves,
or
(b) Commercially
demineralized water
Notes
Statutory Authority: Chapter 79.12 RCW, as amended by ESB [EHB] 1277 and RCW 79.01.242. 92-06-003, § 332-22-020, filed 2/20/92, effective 3/22/92. Statutory Authority: RCW 79.01.242. 84-19-007 (Resolution No. 464), § 332-22-020, filed 9/10/84; 81-03-059 (Order 350, Resolution No. 321), § 332-22-020, filed 1/20/81.
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