Montezuma Creek Mesa (C-27186)
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:
Bid Start Time for this Parcel: 9am MDT, June 20, 2024
Bid End Time for this Parcel: 10am MDT, June 25, 2024
- To register as a bidder or to place a bid, please see box to the right.
The closing costs are in addition to the 10% down payment. All closing costs are due from the prevailing bidder at the auction and cannot be financed.
|Cultural Resources Survey:
|Legal Advertising Cost:
|Sale Processing Charge:
|TOTAL CLOSING COSTS:
The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.
Township 40 South, Range 24 East, SLB&M
Section 32: NE¼SE¼, E½NE¼NW¼SE¼ (within) (survey being completed)
This parcel is located within the Navajo Nation reservation and is northwest of the town of Montezuma Creek in southeastern Utah. The town of Bluff is about 14 miles west of Montezuma Creek.
The property is located on a mesa and is relatively flat with sparse vegetation.
44.89 acres, more or less (survey needed)
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:
Surface Lease Encumbrances:
- Easement No. 216, issued to Navajo National Oil & Gas for a pipeline
Cultural Resource Covenant:
A cultural resource survey will be conducted on this parcel. Any significant sites which are identified will be protected through a deed covenant.
- 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.