The director and a municipality are authorized to exchange land or interests in land when it is in the public interest. Land or interests in land exchanged under this section must be of approximately equal value, including the nonmonetary value of public benefits. Exchange procedures shall comply with applicable law and municipal ordinances. The notice and review provisions of AS 38.05.945 apply to exchanges of land under this section. The provisions of AS 38.50 do not apply to exchanges of land under this section.
Section: Previous 29.65.020 29.65.030 29.65.040 29.65.050 29.65.060 29.65.070 29.65.080 29.65.090 29.65.100 29.65.110 29.65.120 29.65.122 29.65.129 29.65.130 29.65.140 NextLast modified: November 15, 2016