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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