The following terms used in this title have the following meanings:
“Agricultural use” means the use of land for raising and harvesting crops, for the feeding, breeding and management of livestock, for dairying, or another farm use, or any combination of these.
“Borough land” means land or improvements or interests in land or improvements in which the Borough holds legal and/or equitable title.
“Dedication” means the deliberate grant of land or improvements by an owner to the public for any general and public use, with the owner reserving no other rights than such as are compatible with the full exercise and enjoyment of the public uses to which the property has been devoted. A dedication is not subject to FNSBC 7.04.030(D).
“Fair market value” means the estimated price that land or improvements would bring in an open market and under the then-prevailing market conditions in a sale between a willing seller and a willing buyer both conversant with the property and with prevailing general price levels. The Borough Assessor shall determine fair market value unless the Mayor determines in writing that a fee appraiser shall determine fair market value.
“Fair rental value” means the estimated rental price that land or improvements would rent for in an open market and under the then-prevailing market conditions in a lease between a willing lessor and a willing lessee both conversant with the property and with prevailing general rent levels. The Borough Assessor shall determine fair rental value unless the Mayor determines in writing that a fee appraiser shall determine fair rental value.
“General grant land entitlement” means a grant of land pursuant to AS 29.65.
“Geophysical hazard” includes, but is not limited to, a hazard such as an earthquake, slumping, flooding or erosion.
“Land interest” means an ownership interest in land or one in which the interest is less than one in which the holder is entitled to the entire property with unconditional power of disposition, including a lease or mineral interest but specifically excluding an easement interest.
“Public purpose” or “public use” means a present or future purpose or use that will promote the health, safety, morals, general welfare, security, prosperity and happiness of the residents of the Borough as a community at large rather than as individuals.
“Public utility” means an agency that is licensed, authorized, and regulated to provide utility services for public use.
“Public utility easement” means a portion of land reserved for the purpose of providing utility services by an agency or public utility.
“Publish” means appearing at least once in a newspaper of general circulation distributed in the Borough.
1. Means the division of a parcel of land into two or more lots or other divisions for the purpose of sale or building development, includes resubdivision, and relates to the process of subdividing or to the land subdivided;
2. Does not include cadastral plats, cadastral control plats, open-to-entry plats, or remote parcel plats created by or on behalf of the state regardless of whether these plats include easements or other public dedications.
“Timber of commercial quality” means white spruce or mixed white spruce stands of a minimum DBH of 10 inches which can produce a 20-foot log. (Ord. 2018-07 § 2, 2018; Ord. 2017-71 § 2, 2018; Ord. 2016-40 § 100, 2016; Ord. 88-047 § 4, 1988; Ord. 86-056 § 2, 1986. 2004 Code § 25.25.030.)