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.

Video:

Beneficiary:

Public Schools

Legal Description:

Township 35 South, Range 11 West, SLB&M
Section 2:  Lot 3 (Within the East 40.29 Acres), SE¼NE¼ (39.12 Acres)
(See Metes & Bounds)

Location:

The SE¼NE¼ is located within Enoch City.  Lot 3 is located within Iron County.

Access:

The SE¼NE¼ has access from the Minersville Highway. The Lot 3 parcel is accessed from a dirt road which crosses private land with no existing easement.

Other:

The SE¼NE¼ parcel is located within the incorporated limits of the city of Enoch.  The Lot 3 parcel is in Iron County very near the other parcel.  The parcel inside the Enoch city limits is accessed from the Minersville Highway. The other parcel (Lot 3) has a dirt road which crosses private land.  We are not aware of an easement to this parcel.  Both parcels adjoin private land on all sides.  The parcels are both vacant land at this time.  Both parcels have development potential for uses allowed within their respective zoning.

Acreage:

Lot 3 – 40.29 acres; SE¼NE¼ – 39.12 acres
Total Acres – 79.41

Water:

None

Utilities:

Power is available in the general area.

Zoning:

The parcel within Enoch City is zoned industrial.  The parcel within Iron County is zoned A-20 (Agricultural with a 20 Acre Minimum to Build).

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:

None

Cultural Resource Covenant:

A cultural resource survey is being conducted on the subject property.  The property will not be subject to reservations for any site(s).

Disclosures:

1. Please see the auction page for general disclosures and auction procedure information which pertains to all properties being offered at the auction.
2. The property will be conveyed subject to all valid existing rights.
3. The minerals are not owned by the Trust Lands Administration and are not included.
4. Other disclosures, if any, will be announced at the auction.

Contact for Additional Information:

Lou Brown
Resource Specialist
loubrown@utah.gov
(435) 896-2559

Diane Lund
Sales Coordinator
dlund@utah.gov
(877) 526-3725 or (801) 538-5163