State v. 18,018 Square Feet, More or Less

OPINION AS AMENDED ON REHEARING

MATTHEWS, Justice.

On January 6, 1975, the State of Alaska began condemnation of approximately 18,-018 square feet of land needed for construction of the College Road Extension, a “feeder” to the Steese Expressway in Fairbanks. The land was a part of a larger parcel owned by Arthur and Adriana Peterson. The State and the Petersons agreed on a figure of $43,210.00 as just compensation 1 and, pursuant to this agreement, final judgment in the eminent domain action was entered on May 27, 1976. The judgment incorporated a document, prepared by the State, known as…