North Kolob (C-27159)
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:Â November 8, 2023, Time: 8:40am MST
Bid End Time for this Parcel: November 14, 2023, Time: 10:40am MST
- To register as a bidder or to place a bid, please see box to the right.
CLOSING COSTS:
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. Â
| Appraisal Costs: | $2,000.00 |
| Cultural Resources Survey: | $2,254.24 |
| Legal Advertising Cost: | $637.00 |
| Sale Processing Charge: | $750.00 |
| TOTAL CLOSING COSTS: | $5,641.24 |
Beneficiary:
The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Normal Schools.
Legal Description:
Township 38 South, Range 11 West, SLB&M
Section 22: W½NW¼
Location:
The parcel is located northwest of Kolob Creek Reservoir, south of the Washington County/Iron County line. It is about 20 miles from SR9; to the north of Zion National Park.
Access:
The property is surrounded by private landowners. Access to the property is behind locked gates. Interested parties would need to obtain access from one of the surrounding landowners.
Additional Information:
A pond is located on the property. Portions of the property are steep and rugged with the majority being moderately sloping. The vegetation is varied with pinyons and junipers as well as native shrubs and grasses. Beautiful views exist throughout the property.
Acreage:
80.00 acres, more or less
Water Rights:
Water Right No. 81-3141 for stock watering will be conveyed with this property.
Utilities:
No utilities are located on the property.
Zoning:
OSC-20
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.
Mineral Lease Encumbrances:
None
Surface Lease Encumbrances:
- Grazing Permit No. 23478, issued to Linford and Susan Nelson (this permit will be cancelled when this property is sold)
- Easement No. 2673, an application is being processed for a road through the property
Cultural Resource Covenant:
A cultural resource survey was conducted on this parcel. No significant sites were identified. The property will be sold without any reservations for historical or cultural sites.
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 Utah Geological Survey has submitted the following comment:Â “Potential geologic hazards in the area that could affect the parcel include high slope instability potential including possible active land sliding as the parcel is mapped within a large landslide complex, stream flooding, flash flooding/debris flow, problem soils and/or bedrock
including shrink/swell and/or collapsible, shallow groundwater and bedrock, and indoor radon potential. Prospective buyers should be aware of the potential hazards so they can be addressed in a manner appropriate to the intended use of the property. UGS has general geologic hazard information available at our offices and online at http://geology.utah.gov/utahgeo/hazards/index.htm.” - The property will be conveyed subject to all valid existing rights.
