Lynn Cordova

The Board deliberated and rendered a final decision on an appeal concerning a state land appraisal and valuation for a purchase application. Arguments were heard from both the appellant and the department regarding appropriate valuation methodologies, including cost, sales, and income approaches. The Board reached a final approved value for the reimbursable improvements on the subject land and discussed the adoption of findings of fact and conclusions of law, deciding to continue the finalization of the supporting documentation to a future meeting. Additionally, the Board reviewed scheduling for upcoming appeals and board member availability.

The board received a staff report regarding land auctions and upcoming sales. The board approved commercial land sales and related right-of-way applications for projects involving BTC AZ 1 LLC, DR Horton Inc., and the City of Peoria. Additionally, the board discussed the scheduling of future appeals and administrative arrangements for upcoming meetings.

The board received a report from the State Land Department staff regarding recent auction activity and upcoming sales. The board reviewed several right-of-way appraisals and subsequently approved four land sale applications, including properties for Mohave County, Unisource Energy Services Inc., KRTIC 1 LLC and KRTIC 2 LLC, and TSMC Arizona Corporation. Additionally, the board discussed the scheduling of upcoming appeals and confirmed there was no requirement for an executive session.

The board received a staff report on land auction performance and progress for the year. The review of right-of-way appraisals included several applications from utility providers and municipal entities. Key actions included the approval of a 30-year commercial lease application for Nammo Defense Systems, a 30-year solar lease for Dandelion Energy Park LLC, and a land sale application regarding Maricopa Flood Control District property in Pinal County. The meeting concluded with a review of upcoming appeals and a brief discussion on scheduling.

The meeting included a reconvening after an executive session, where the board formally voted to direct staff to proceed with actions discussed during that session. Additionally, the members discussed and coordinated their availability for future meetings scheduled for September, October, and November.