FAA Regulations - Laserfiche WebLink

Home

AC 150/5100-10A 4/13/76 e. Copy of purchase option and a copy of the closing statement for each parcel acquired by negotiation. For settlements different from the approved amount, adequate support for the amount paid shall be provided. f. Original deeds or easements, or certified true copies, showing recording information. g. Record of rental income derived from leasing of structures or facilities acquired with land. h. Record of sales or other disposition of crops, timber, structures, or facilities acquired with land. i. Plots of subdivisions, and/or area maps, if these are necessary to show the location and boundary lines of the several parcels and their relationship, before the taking, to roads, highways, and adjacent ownerships, also their relationship to the airport boundary. j. Invoices and vouchers to support each item of claimed incidental land costs, identifying the particular parcel of land to which each charge relates. k. Evidence of all payments, including paid checks or warrants. 1. Statement of just compensation. m. Justification for land costs paid which are significantly above or below the established just compensation. n. Legal fees incidental to land acquisition should identify the parcel or former landowner, the nature of the service, the hours applied, the dates of services rendered, and the rate per hour. o. Record of relocation payments as discussed in Chapter 7. 32. LAND CREDITS. Generally, the amount claimed as a project cost will be the actual purchase price paid for the land, reduced by credits such as the following: a. Revenue from sale of crops grown in years subsequent to the year in which the land was acquired. b. The value or revenue from sale of timber acquired with land or, if not sold, its estimated net value except where the timber is to remain standing for reasons considered valid by FAA, Such as sound absorption, environmental purposes, etc. Page 16 Chap 3 Par 31