11 Alaska Admin. Code § 71.055

Current through December 21, 2024

Section 11 AAC 71.055 - Negotiated sales under AS 38.05.118

(a) Upon a finding that the sale under AS 38.05.118 is in the best interest of the state, the division may negotiate a sale of timber to a local manufacturer of wood products or a user of wood fiber at appraised value.

(b) In determining whether a negotiated sale under this section is in the best interests of the state, the commissioner will consider

(1) the local manufacturer's

(A) financial backing and capability;

(B) experience in the proposed undertaking; and

(C) ability to meet bonding or insurance requirements; and

(2) any other factors the commissioner determines to be in the best interests of the state.

11 AAC 71.055

Eff. 7/2/82, Register 83; am 9/6/96, Register 139; am 7/6/2006, Register 179; am 6/29/2018,Register 226, July 2018

Authority:AS 38.05.020

AS 38.05.115

AS 38.05.118

AS 38.05.120