Aurora North (C-27208)

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:

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

Bid Start Time for this Parcel: Thursday, November 14, 2024 -10am MST
Bid End Time for this Parcel: Tuesday, November 19, 2024 – 10am MST

CLOSING COSTS:

The closing costs are expenses incurred to prepare the property for sale. A large portion of the costs is for the completion of a cultural resource survey, which is required by law.

These costs are in addition to the 10% down payment. All closing costs are due from the winning bidder within 24 hours after completion of the auction and cannot be financed.

TOTAL CLOSING COSTS FOR THIS PARCEL: $5,315.00

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 21 South, Range 1 West, SLB&M
Section 32: NW¼SW¼

Location:

The property is located north of the town of Aurora, in Sevier County. Aurora is located about 15 miles north of Richfield.

GPS Decimal Points to Property Center:
38.93354284
-111.94134798

Access:

The parcel is approximately 1/4 mile from SR260 and is accessed from a small dirt road.

Additional Information:

This property has historically been used for agricultural and grazing purposes. The topography of the property is mostly level to slightly sloped. The vegetation of the property is native grasses and sage. The Piute Canal runs through the parcel.

The Sevier County parcel number for this property is 4-44-13.

Acreage:

40.00 acres, more or less

Water Rights:

No water rights will be sold with this property.

Utilities:

Power and water lines appear to be in the general vicinity, approximately 1/4 to 1/2 miles to the east, near SR260. Other utilities are located within the city of Aurora.

Zoning:

A-1 (Agriculture) – This zone requires a minimum of one acre for each single family home.

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:

Easement No. 1861, issued to Sevier County for Class D roads for a perpetual term
Modified Grazing Permit No. 32, issued to Johnson Mountain Ranch, LLC with an expiration date of June 30, 2038 (this permit will be cancelled when this property is sold)

Cultural Resource Covenant:

A cultural resource survey was conducted on this parcel. A significant site was identified and will be protected by a deed covenant.

Disclosures:

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.
All mineral rights will be reserved.
The sand and gravel on the parcel will be subject to a royalty provision if sold commercially.
The property will be conveyed subject to all valid existing rights.