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 […]
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 […]
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 […]
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, […]