What are trust lands?
Trust lands are parcels of land granted by Congress to Utah at statehood to support specific beneficiaries, including public schools, universities, hospitals, and reservoirs. Trust lands are not public lands, but are generally open for public use, when possible. Trust lands were allocated specifically to generate revenue to support our beneficiaries. SITLA currently manages 3.4 million surface acres on behalf of our beneficiaries.
ONLINE BIDDING INFORMATION:
Bid Start Time for this Parcel: 9:30am MST on November 9, 2022
Bid End Time for this Parcel: 10:30am MST on November 15, 2022
The closing costs are in addition to the 10% down payment. The cultural resources survey costs may be financed, upon approval. All other closing costs are due from the prevailing bidder at the auction and cannot be financed.
The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiaries of Public Schools and Reservoirs.
Township 3 South, Range 19 East, SLB&M
Section 8: SE¼SE¼
Section 16: W½W½
This parcel is located in Uintah County, east of Paradise Park Road and north of the Treaty Line Road in the Deep Creek area.
No legal access. Physical access is possible but proper legal permission must be obtained from adjoining landowner(s).
The property is divided into two parcels. There is a 40-acre parcel that is northwest of the main 160-acre parcel. The 40-acre parcel is surrounded by BLM land except to the south where it is bordered by private property. The 160-acre parcel borders private property to the west and south. BLM and SITLA properties are to the north and east respectively. Crow Creek runs through portions of both parcels. The vegetation consists of native trees, brushes, and grasses. Most of the northern portions of the property are wooded in Juniper trees. The terrain includes a creek bottom, sagebrush flats, sandstone ridges, and rolling hills.
200.00 acres, more or less
There are no water rights associated with this parcel.
There are no utilities on this parcel.
RFM – Recreation, Forestry & Mining
Financing will be offered for this parcel at a variable interest rate of prime plus 2.5% or 7.5%, whichever is greater. A down payment of 10% and closing costs will be due at the auction. The remaining balance can be financed for up to a 20 year term.
Cultural Resource Covenant:
A cultural resource survey was conducted on this parcel. No significant historic or cultural sites were identified. The property will be sold without any historic or cultural covenants.
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