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127 <br />MINNESOTA RULES 6115.1240 <br />D. the landowner does none of the above, in which case the basin cannot be drained unless <br />and until a new application for a permit to drain is submitted and the commissioner does not make <br />an offer of indemnification. <br />Subp. 8. Sale of basin to commissioner. If the landowner chooses to sell the basin and access <br />area to the commissioner the landowner shall obtain from the county board of commissioners the <br />approval to sell the property as required by Minnesota Statutes, section 97A.145. The commissioner <br />must be supplied with a copy of the board's resolution and if the county board refuses approval, <br />the applicant must select from among those options not requiring county board approval. This <br />procedure does not apply in those counties where blanket approval to sell the property to the state <br />has been granted to those landowners who are eligible for compensation under Minnesota Statutes, <br />section 105.3 91, subdivision 3. <br />Subp. 9. Recording and indexing documents. Water bank, lease, and easements obtained on <br />an area shall be recorded and indexed in the office of the county recorder in the county where the <br />basin lies. <br />Statutory Authority: MS s 103F. 601; 103G.315; 105.392; 105.415 <br />History: L 1986 c 386 art 1 s 28; 17 SR 1279 <br />Published Electronically: June 11, 2008 <br />6115.1230 EFFECTIVE DATE. <br />These parts apply to applications for permits to drain received after the water basin involved <br />has been designated a public water pursuant to Minnesota Statutes, section 103G.201, or has been <br />identified as public waters or navigable waters by a district court or if appealed, by the state or <br />federal supreme court. <br />Statutory Authority: MS s 103F. 601; 103G.315; 105.392; 105.415 <br />Published Electronically: September 10, 2018 <br />6115.1240 PAYMENT RATES. <br />Subpart 1. Water bank program. Annual payment rates for the state water bank program <br />will be determined by multiplying the fair market value of the water basin and any adjacent lands <br />by five percent. <br />Subp. 2. Water basin and adjacent lands. Annual lease payments for the water basin and <br />any adjacent lands will be based on a fair market rental rate. <br />Subp. 3. Easements. Conservation restrictions in the form of easements will be established <br />by an appraisal and their lengths will be subject to negotiation. <br />Subp. 4. Other method of indemnification. The rate for any other method of indemnification <br />that is agreed to will be negotiated with the landowner and judged on its merits based upon the <br />proposed restrictions and their relationship to the other payment rates. <br />Copyright © 2019 by the Revisor of Statutes, State of Minnesota. All Rights Reserved. <br />