Rozel Flat (C-27180)

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:  April 25, 2024, 9am MT
Bid End Time for this Parcel: April 30, 2024, 10am MT

  • To register as a bidder or to place a bid, please see box to the right.

CLOSING COSTS:

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.  

Appraisal Costs: TBD
Cultural Resources Survey: TBD
Legal Advertising Cost: TBD
Sale Processing Charge: $750.00
TOTAL CLOSING COSTS: TBD

Beneficiary:

The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.

Legal Description:

Township 9 North, Range 7 West, SLB&M
Section 4:  Lots 3&4, S½NW¼, S½ [LOTS AKA N½NW¼)

Location:

This parcel is located near the Great Salt Lake, on the east side of the north end of the lake.  The Promontory Mountains are located southeast of the property.

Access:

TBD

Additional Information:

The property is currently being used as vacant range lands.  The topography is flat with native grasses.

Acreage:

480.00 acres, more or less

Water Rights:

TBD

Utilities:

There are no known utilities in the general area.

Zoning:

TBD

Financing:

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.

During the time when the property is being financed (before a patent is issued), the county records will show the property as state trust lands with notices being sent in care of the purchaser.

Mineral Lease Encumbrances:

None

Surface Lease Encumbrances:

  1. Grazing Permit No. 23463, issued to Garff Ranch Operations (this permit will be cancelled when this property is sold)

Cultural Resource Covenant:

A cultural resource survey will be conducted on this parcel.  Any significant sites which are identified will be protected through a deed covenant.

Disclosures:

  1. Please see the disclosure summary and the certificate of sale template document for general disclosures which apply to all parcels being offered for sale at this auction.
  2. All mineral rights will be reserved.
  3. The sand and gravel on the parcel will be subject to a royalty provision if sold commercially.
  4. The property will be conveyed subject to all valid existing rights.

Diane Lund
NW Area Manager, Land Sales Coordinator

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