Terms Used In Idaho Code 70-1507

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
A port district may improve its lands by dredging, filling, bulk-heading, providing waterways, or otherwise developing such lands for sale or lease for industrial and commercial purposes. Such district may cooperate with the U.S. Army Corps of Engineers, or any other applicable governmental agencies or instrumentalities in the management and development of lands acquired by the port and/or acquired by such governmental agencies and/or acquired by the port and such governmental agencies jointly.