The Commission is required to recalculate minimum annual rents every five years for the various surface use lease and permit categories it authorizes. The minimum annual rent applies when the calculated rent is lower than the minimum rent. These rents do not apply to the exploration or extraction of natural resources such as minerals, oil, gas, other hydrocarbons, or geothermal resources.
Last Updated: July 2019
Proposed Update: 2024
Lease Category | Minimum Rent |
---|---|
Commercial | $671 |
Industrial | $671 |
Right-of-Way | $503 |
Grazing | $671 |
Agricultural | $671 |
Recreational | $140 |
Public Agency | $140 |
Protective Structure | $140 |
Dredging | $140 |
Other | $140 |