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 3.3 million surface acres on behalf of our beneficiaries.
ONLINE BIDDING INFORMATION:
Bid Start Time for this Parcel: November 8, 2023, Time: 9:30am MST
Bid End Time for this Parcel: November 14, 2023, Time: 11:30am MST
The closing costs are in addition to the 10% down payment. All 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 11 South, Range 10 East, SLB&M
Section 27: NW¼SW¼
Section 28: SE¼NE¼
This parcel is located near Indian Canyon in southern Duchesne County, 3 miles north of the Emma Park Road and Highway 191 Junction.
Access to the property is from a county-claimed road, which runs through both parcels. The county-claimed road is from Highway 191, which is located to the east of the property.
The property consists of two adjacent 40 acre parcels. West Fork Willow Creek runs diagonally through both parcels. This portion of the creek is a dry wash in low water years.
80.00 acres, more or less
No water rights will be conveyed with this property.
No utilities are located on the property.
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.
Mineral Lease Encumbrances:
Surface Lease Encumbrances:
Cultural Resource Covenant:
A cultural resource survey was conducted on this parcel. No significant sites were identified. The property will be sold without reservations for historical or cultural sites.
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