Cedar Valley (C-26876)

ONLINE BIDDING INFORMATION:

Bid Start Time: Thursday, November 12, 2020 at 9am
Bid End Time:  Wednesday, November 18, 2020 at 2pm

  • For step by step instructions to pre-register as a bidder, please click here.
  • For the auction page where bids can be placed and viewed for this parcel, please click here.

Closing Costs:

These costs cannot be financed and are in addition to the 10% down payment.  All closing costs are due from the prevailing bidder at the auction.

Appraisal Costs: $2,050.00
Cultural Resources Survey: $15,496.00
Legal Advertising Cost: $200.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS: $18,496.00

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 33 South, Range 10 West, SLB&M
Section 32: All

Location:

The parcel is located approximately 14 miles north of Cedar City.

Access:

Access is from the Parowan Gap County Road, then south 1.25 miles on a dirt road through BLM lands.

Additional Information:

The parcel is relatively flat except for the eastern edge that slopes up onto the Red Hills Mountain Range.  The property has historically been used as open range land.

Acreage:

651.25 Acres, More or Less

Water Rights:

None

Utilities:

Electric utilities are located approximately 1 mile west of the parcel.

Zoning:

Zone: A-20
Zoning Description: Agricultural 20-Acres
Zoning Purpose: The agriculture (A-20) district is provided and designed to protect and preserve lands suited for farming, ranching, the production of food and fiber, open space, recreation, services or related purposes and minimal rural estate living, and to protect from encroachment of incompatible uses. Other purposes of this district include protection and enhancement of the economic base of the county, as well as the protection of environmentally sensitive lands, such as areas subject to flooding, wetlands, unstable soils and areas with steep slopes or other geologic conditions. This zone anticipates limited commercial uses that have similar impacts to agricultural uses and provides services in rural areas that are compatible and commensurate with typical commercial agricultural uses. The permitted and conditional uses for the A-20 zone are intended to be compatible with agricultural uses while encouraging economic growth and reasonable options for the use of private property. The district accommodates more intense uses when the required services are made available and the potential cost to Iron County residents of providing the services necessary to support more intense development and activities is minimal.

Financing:

Financing will be offered for this parcel.  A down payment of 10% and closing costs will be due at the auction.  The remaining balance can be financed at a variable rate of prime plus 2.5% for up to a 20 year term.

Mineral Leases:

None

Surface Leases:

  1. Grazing Permit No. 22288-08, issued to the Benson Family Trust (this permit will be cancelled upon sale of the property)

Cultural Resource Covenant:

A cultural resource survey has been conducted on this parcel.  Some significant sites were identified.  The parcel will be sold subject to a reservation to protect these sites.

Disclosures:

  1. Please see the disclosure summary and the certificate of sale template document posted at the bottom of this page for general disclosures which apply to all parcels being offered for sale at this auction.
  2. All mineral rights, including the sand and gravel rights will be reserved.
  3. The property will be conveyed subject to all valid existing rights.
  4. The following comments were received from the Utah Geological Survey (UGS):  Potential geologic hazards in the area that could affect the parcel include stream flooding, alluvial-fan flooding/debris flow, wind-blown sand, problem soils and/or bedrock including shrink/swell and/or collapsible, shallow bedrock and/or groundwater, and indoor radon potential. Potential hazards should be addressed in a manner appropriate to the intended use of the property. Geologic hazards are best addressed early in the planning process prior to development and construction. UGS has general geologic hazard information available at our offices and online at http://geology.utah.gov/utahgeo/hazards/index.htm.

Diane Lund
Assistant Managing Director, Surface; Land Sales Coordinator
Ron Torgerson
Surface, Assistant Managing Director

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