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 3.4 million surface acres on behalf of our beneficiaries.
ONLINE BIDDING INFORMATION:
Bid Start Time for this Parcel: 9:30am MDT, June 8, 2023
Bid End Time for this Parcel: 10:30am MDT, June 13, 2023
The closing costs are in addition to the 10% down payment. The cultural resources survey costs may be financed, upon approval. All other closing costs are due from the prevailing bidder at the auction and cannot be financed.
The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.
Township 21 South, Range 15 East, SLB&M
Section 5: NE¼SW¼, NW¼SE¼, SW¼SE¼, SE¼SE¼ (less 0.25 acre for ROW 1131-D conveyance to UDOT)
Section 8: NE¼NE¼
Section 9: SW¼NW¼, NW¼NW¼ (less 0.88 acre for ROW 991-D conveyance to UDOT)
This parcel is located in Emery County, with corners adjacent to the southwest of Highway 6, approximately 4.5 miles north of I-70 and 7 miles northwest of Green River.
Latitude = 39.011
Longitude = -110.285
The property is accessible from state highway 6, but any encroachments from HWY 6 will need to be approved and permitted by UDOT Region 4.
The property sits at an elevation of approximately 4,300 feet and has a Mancos Shale soil throughout the property with minimal natural vegetation. There are some small natural drainages and washes the run through the property. They are dry most of the time, with exceptions being during major storm events.
279.84 acres, more or less
There are no water rights associated with the sale of this property. Interested parties are encouraged to do their own due diligence regarding water and water-rights related to the subject property.
The property has no utilities and the closest utilities are several miles to the east in the city of Green River. There is a major power transmission line less than a mile to the east and a rail line less than a half mile to the east.
The parcel is zoned MG&R1 which is Emery County’s default zoning. It allows for mining, grazing and recreation. For more information about this zone please call the Emery County Planning and Zoning Office or visit their website at http://www.emerycounty.com/b&z/zoningmap.htm.
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.
Cultural Resource Covenant:
A cultural resource survey was conducted on this parcel. No significant historical or cultural sites were identified. The property will be sold without any historical or cultural reservations.
General contact us form.