Old gravel pit
I am working in a survey where the owner would like to divide part of the NE 1/4 into lots to be sold. There is a pond in the middle of the quarter section that will be accessed by all lots. This pond used to be a gravel pit that has been vacant for well over a decade. Since this pond in located in the center of the proposed lots do I still calculate the area and ownership with a meander line along the edge of water (solid blue lines)? Or, Would the properties come to a corner near the center of the lake (red dashed lines)? Who pays the taxes on the pond area? I am leaning towards the meandering line option because all owners will have access to the entire pond, but I am looking for documentation that will confirm my decision. Has anyone come across something like this that can shed some light for me?
I am working in Iowa and have been trying to determine this through the Iowa Code, but have yet to locate a situation like this.
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