For the purpose of acquiring property for the expansion of an airport operated by a political subdivision, the value of the property within the existing or future runway protection zone, as depicted on the most current airport layout plan approved by the FAA, shall be based on the fair market value of the property without regard to the property’s location within the existing or future runway protection zone.
Ala. Code § 23-1-416
Valuation of Property Acquired for Airport Expansion.
Known as the Airport Airspace Safety Act
The act spans §§ 23-1-410 to 23-1-417 (8 sections).
(Act 2009-579, p. 1701, §8.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.