Terms Used In Idaho Code 70-1511

  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Property: includes both real and personal property. See Idaho Code 73-114
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
Port districts may acquire, by gift or for consideration, individually or with other port districts or municipal corporations or instrumentalities of this state, surplus United States property, and/or other property of the United States or any other public body made available for such acquisition, and may hold and use the same for all lawful port purposes, subject to applicable federal laws and regulations appertaining thereto. Such property may be so acquired and used whenever the port commission finds the acquisition and/or use thereof to be to the present or future benefit of the port district, and whether or not the acquisition and/or use thereof is contemplated within the port district’s comprehensive plan of harbor improvement and port development.