(2) where only non-profit activities are authorized, the higher of
(a) 5% of the value of the part of the water property already occupied or that will be occupied by a work or structure, and 2% of the value of the other parts of the water property under lease; and
Despite the first paragraph, where the lease is granted to a municipality or a body for non-profit use that facilitates public access to bodies of water, excluding a marina, the minimum annual rent is $70 per hectare, without being lower than $70.
(2) where only non-profit activities are authorized, the higher of
(a) 5% of the value of the part of the water property already occupied or that will be occupied by a work or structure, and 2% of the value of the other parts of the water property under lease; and
Despite the first paragraph, where the lease is granted to a municipality or a body for non-profit use that facilitates public access to bodies of water, excluding a marina, the minimum annual rent is $69 per hectare, without being lower than $69.
(2) where only non-profit activities are authorized, the higher of
(a) 5% of the value of the part of the water property already occupied or that will be occupied by a work or structure, and 2% of the value of the other parts of the water property under lease; and
Despite the first paragraph, where the lease is granted to a municipality or a body for non-profit use that facilitates public access to bodies of water, excluding a marina, the minimum annual rent is $68 per hectare, without being lower than $68.
(2) where only non-profit activities are authorized, the higher of
(a) 5% of the value of the part of the water property already occupied or that will be occupied by a work or structure, and 2% of the value of the other parts of the water property under lease; and
Despite the first paragraph, where the lease is granted to a municipality or a body for non-profit use that facilitates public access to bodies of water, excluding a marina, the minimum annual rent is $67 per hectare, without being lower than $67.
(2) where only non-profit activities are authorized, the higher of
(a) 5% of the value of the part of the water property already occupied or that will be occupied by a work or structure, and 2% of the value of the other parts of the water property under lease; and
Despite the first paragraph, where the lease is granted to a municipality or a body for non-profit use that facilitates public access to bodies of water, excluding a marina, the minimum annual rent is $66 per hectare, without being lower than $66.
(2) where only non-profit activities are authorized, the higher of
(a) 5% of the value of the part of the water property already occupied or that will be occupied by a work or structure, and 2% of the value of the other parts of the water property under lease; and
Despite the first paragraph, where the lease is granted to a municipality or a body for non-profit use that facilitates public access to bodies of water, excluding a marina, the minimum annual rent is $65 per hectare, without being lower than $65.
(2) where only non-profit activities are authorized, the higher of
(a) 5% of the value of the part of the water property already occupied or that will be occupied by a work or structure, and 2% of the value of the other parts of the water property under lease; and
Despite the first paragraph, where the lease is granted to a municipality or a body for non-profit use that facilitates public access to bodies of water, excluding a marina, the minimum annual rent is $64 per hectare, without being lower than $64.
(2) where only non-profit activities are authorized, the higher of
(a) 5% of the value of the part of the water property already occupied or that will be occupied by a work or structure, and 2% of the value of the other parts of the water property under lease; and
Despite the first paragraph, where the lease is granted to a municipality or a body for non-profit use that facilitates public access to bodies of water, excluding a marina, the minimum annual rent is $63 per hectare, without being lower than $63.
(2) where only non-profit activities are authorized, the higher of
(a) 5% of the value of the part of the water property already occupied or that will be occupied by a work or structure, and 2% of the value of the other parts of the water property under lease; and
Despite the first paragraph, where the lease is granted to a municipality or a body for non-profit use that facilitates public access to bodies of water, excluding a marina, the minimum annual rent is $62 per hectare, without being lower than $62.
(2) where only non-profit activities are authorized, the higher of
(a) 5% of the value of the part of the water property already occupied or that will be occupied by a work or structure, and 2% of the value of the other parts of the water property under lease; and
Despite the first paragraph, where the lease is granted to a municipality or a body for non-profit use that facilitates public access to bodies of water, excluding a marina, the minimum annual rent is $61 per hectare, without being lower than $61.