Idaho Admin. Code r. 20.03.17.035

Current through September 2, 2024
Section 20.03.17.035 - RENTAL

Rental rates for submerged land leases are set by Board policy, which is available on the Department website at http://www.idl.idaho.gov/.

01.Standardized Rental Rates. The Board sets standard submerged land lease rental rates for common uses such as commercial marinas, community docks, float homes, restaurants, and retail stores. Rental rates for commercial marinas and other uses that produce revenue for the lessee will commonly be calculated as a percentage of gross receipts, however, other methods may be used as the Board deems appropriate.
02.Nonstandard Rental Rates. The Board directs the Department to use a percentage of market value or gross receipts, or other methods determined appropriate by the Board, as the submerged lands lease rental rate for non-navigational encroachments or other uncommon uses.

Idaho Admin. Code r. 20.03.17.035

Effective March 30, 2023