06/07/13 - 7:53am
The Anadromous Streams Habitat Protection Ordinance will have a very negative effect on the real estate market as it expands the river, stream and water bodies (lakes) subject to the ordinance from 602.45 miles to 2,317.25 miles with a 50 horizontal feet set-back from the subject waterways and bodies. Much of the land affected is private property. Private property is rare in Alaska and accounts for only 3 percent of the total land within the state. This will have a significant impact on the price of land and the enjoyment of property.