Right-of-Way Acquisitions Requiring Special Approval

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Notwithstanding any other law to the contrary, proposed payment shall be approved by the commissioner of finance and administration and the comptroller of the treasury:

  1. If the property is proposed for acquisition for right-of-way under the authority of this chapter;
  2. If:
    1. The appraised value of a parcel of land along the right-of-way exceeds one hundred thousand dollars ($100,000); or
    2. The appraised value of all parcels of land owned by any one (1) person, family or entity along the right-of-way exceeds one hundred thousand dollars ($100,000); and
  3. If the department proposes to pay more than ten percent (10%) above the current appraised value.


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