28-6355 - Arizona Statutes

28-6355. Documentation; regional area road fund reimbursement A. The department shall document the acquisition of rights-of-way for the freeways and other routes on the state highway system related to the regional transportation plan, including any negotiations and agreements for acquisition of rights-of-way. B. The department shall reimburse the regional area road fund established by section 28-6302 or the highway user revenue fund established by section 28-6533 if the department uses property for administrative purposes that is acquired for the freeways and other routes on the state highway system related to the regional transportation plan with monies from the regional area road fund or monies distributed from the highway user revenue fund pursuant to section 28-6538, subsection B, paragraph 1. The department shall determine the amount of the reimbursement according to the fair rental value or the fair market value of the property based on an independent appraisal. The department shall allocate and reimburse the amount to the fund from which the monies were taken.