261 NAC 4-020

261 NAC 4-020. ACQUISITION OR RETENTION OF LESS THAN FULL PARCEL

Last amended: 2022Year: 2026Length: 164 wordsOfficial source

Cite as Neb. Admin. Code tit. 261, ch. 4, ยง 020

020. ACQUISITION OR RETENTION OF LESS THAN FULL PARCEL. 020.01. The acquisition or retention by public bodies of a parcel of land smaller in size than the parcel scheduled to be offered for sale will be approved only if such purchase or retention would satisfy the criteria of Chapter 4 Section 020 and if 020.01(A). It would have no anticipated adverse effect on the marketability of the remainder of the full parcel, and 020.01(B). No additional public purpose would be served by acquisition or retention by such public body of the remainder of the full parcel. 020.02. The local organization shall be responsible for any surveys which are deemed necessary because of such acquisition or retention or for providing proper identification of such parcel prior to the sale at auction of the remaining portion of the full parcel. The public body acquiring such parcel shall reimburse the local organization for all actual and necessary costs incurred as a result of such survey and identification.
261 NAC 4-020: 261 NAC 4-020. ACQUISITION OR RETENTION OF LESS THAN FULL PARCEL | Justis AI