Auction Nets $1.37M for K12, School for the Deaf
SITLA sold seven trust land parcels at its biannual public auction this week. The land auction generated $1,372,750 for two trust land endowments, K12 public schools and Utah School for the Deaf. All but one of the eight parcels offered by SITLA sold during the agency’s first online public auction. The 1.47-acre Highway 91 parcel… Read more »
Gunnison Community Secures Historic G-Hill
The Gunnison City Council, led by Mayor Lori Nay, voted to purchase 20 acres of trust lands that are home to the iconic “G” above Gunnison City. The Council approved the purchase and a measure to lease and improve recreation around G-Hill at its Wednesday, November 4 meeting. “This is a great day for our… Read more »
42,000 Seedlings Planted in Cache, Weber, and Duchesne Counties
Utah foresters, landowners, resort employees, and a state contractor planted 42,100 seedlings over the past week in Cache, Weber, and Duchesne counties. All locations are sites of multi-year reforestation and rehabilitation projects and represent three different forest management issues: fuels reduction, infestation, and wildfire. These small seedlings are a big part of proactive forest management… Read more »
Competitive Mineral Lease Offering Earns $400K for Trust Beneficiaries
The SITLA Oil and Gas, and Minerals groups held their quarterly lease offering in October generating approximately $400,000 for three trust land beneficiaries: public schools, state reservoirs, and the University of Utah. The October lease offering generated $397,579.12 in bonus bids, largely for oil and gas, on approximately 6,000 acres of trust lands within Duchesne,… Read more »
Utah Schools Receive $88.8 Million This Year, $92.84 Million Next Year
Utah State Treasurer David Damschen today announced that the Permanent State School Fund will make the largest-ever distribution to Utah schools next year. Schools are slated to receive a record $92.84 million from the Permanent State School Fund in July 2021 – a 4.5% increase from this year’s distribution of $88.83 million and a 12.3% increase… Read more »
November-December 21 | Request for Proposal – Big Water
SITLA received an offer to lease approximately 100 acres of property in Big Water located in Kane County, Utah. The agency is now soliciting competing proposals for this property. Qualified parties may submit competing proposals until 4:30 PM Monday, December 21, 2020. Please find additional information on the SITLA Property Planning & Development RFP page.
January 14 | Board of Trustees Meeting
The School and Institutional Trust Lands Board of Trustees will meet and discuss several lands and operational issues. The full agenda will be posted when it becomes available.February 18 | Board of Trustees Meeting
The School and Institutional Trust Lands Board of Trustees will meet and discuss several lands and operational issues. The full agenda will be posted when it becomes available.March 18 | Board of Trustees Meeting
The School and Institutional Trust Lands Board of Trustees will meet and discuss several lands and operational issues. The full agenda will be posted when it becomes available.
