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: 9:20am MDT, June 8, 2023
Bid End Time for this Parcel: 10:20am MDT, June 13, 2023
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 beneficiary of Public Schools.
Township 12 South, Range 8 East, SLB&M
Section 36: All
This parcel is located in Carbon County, northwest of the town of Helper on the south facing ridge that separates Spring Canyon (south) from Crandall Canyon (north).
Access is from an existing road which enters onto the southwest corner of the section. This is not a public road. An easement for the road will be conveyed with the parcel.
The average elevation of the Ford Ridge property is 8,332 feet with gradual to steep slopes.
642.33 acres, more or less
No water rights are available to be conveyed with the property.
No utilities are located on site. The closest electrical service is about a mile northwest on Beaver Peak.
WS – Water Shed
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 historical and cultural resource survey has been conducted on this parcel. No significant sites were identified. The property will be sold without any historical or cultural reservations.
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