Sec. 11. (a) If retention of the land by the director or other state agency is impractical, the director may, with the approval of the governor, do either of the following:
(1) Sell the land to political subdivisions of the state at the cost of acquisition and restoration.
(2) Dispose of the land by public sale to the highest bidder for not less than the fair market value as determined by two (2) private appraisers appointed by the director.
(b) The proceeds of a sale shall be deposited in the fund created under section 1 of this chapter.
[Pre-1995 Recodification Citation: 13-4.1-15-11.]
As added by P.L.1-1995, SEC.27.
Structure Indiana Code
Title 14. Natural and Cultural Resources
Article 34. Surface Coal Mining and Reclamation
14-34-19-1.3. Acid Mine Drainage Abatement and Treatment Fund
14-34-19-1.5. Reclamation Set-Aside Fund
14-34-19-2. Lands and Water Eligible for Reclamation or Drainage Abatement Expenditures
14-34-19-3. Priorities for Expenditures
14-34-19-4. Director Entering Property to Abate Adverse Effects of Coal Mining Practices
14-34-19-5. Director Entering Property to Conduct Studies or Exploratory Work
14-34-19-6. Acquisition of Adversely Affected Land for Reclamation
14-34-19-7. Title and Price of Land Purchased
14-34-19-8. Public Sale of Land
14-34-19-10. Transfer of Land to State Agency
14-34-19-11. Sale of Land With Governor's Approval
14-34-19-13. Powers of Director
14-34-19-14. Plants for Controlling and Treating Water Pollution From Mine Drainage