Virginia Regulatory Town Hall
Marine Resources Commission
Guidance Document Information
Title Rent and Royalty Guidelines
Document ID 4582
Summary Rent and Royalty Guidelines, subtitled Rent and Royalty Schedule for Determining the Appropriate Rate to be Assessed for Projects that Encroach In, On or Over the Subaqueous Beds of the Commonwealth.
Effective Date 12/1/2005
pdf View document text     Posted On 12/3/2018                 Document on Town Hall
Explanation or Citations The schedule was adopted at the 2005 Commission meeting. The case decision from application 07-1230 was use to set the royalty rate for aquaculture structures. There was no action to update the royalty schedule adopted in 2005 when the case was heard. The date at the end represent when staff added the royalty for aquaculture to the schedule.

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