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2019 Iowa Code
Title XI - NATURAL RESOURCES
Chapter 479B - HAZARDOUS LIQUID PIPELINES AND STORAGE FACILITIES
Section 479B.28 - Negotiated fee.
Universal Citation: IA Code § 479B.28 (2019)
479B.28 Negotiated fee.
In lieu of a one-time lump sum payment for an easement or other property interest allowing a pipeline to cross property or allowing underground storage of hazardous liquids, a landowner and the pipeline company may negotiate an annual fee, to be paid over a fixed number of years. Unless the easement provides otherwise, the annual fee shall run with the land and shall be payable to the owner of record.
95 Acts, ch 192, §55
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