Painted Hills Parcel (C-27088)
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: 10:20am MST on November 9, 2022
Bid End Time for this Parcel: 11:20am MST on November 15, 2022
Closing Costs:
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. Â
| Appraisal Costs: | $2,600.00 |
| Cultural Resources Survey: | $677.00 |
| Land Survey Costs: | $2,000.00 |
| Legal Advertising Cost: | $400.00 |
| Sale Processing Charge: | $500.00 |
| Application Fee: | $250.00 |
| TOTAL CLOSING COSTS: | $6,427.00 |
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 4 South, Range 21 East, SLB&M
Section 7: Lot 4, SE¼SW¼ (within)
Location:
This parcel is located east of the Painted Hills subdivision on 1500 North in Maeser. Maeser is near Vernal, Utah – which is approximately 200 miles east of Salt Lake City, Utah.
Access:
The entire parcel has frontage along 1500 North.
Additional Information:
The property is triangle shaped, and is bordered by private property to the south, and SITLA property to the north and west. The terrain is flat. The vegetation is mostly sage brush.
Acreage:
9.54 acres, more or less
Water Rights:
There are no water rights associated with this parcel.
Utilities:
Power, sewer and gas are available.
Zoning:
RA1 – Residential Agricultural
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 Leases:
None
Surface Leases:
- Easement No. 2439, issued to William and Mindi Christensen for an access road and utility easement with an expiration date of January 10, 2052
- Predesignation No. 792, issued to Uintah County for a perpetual term for Coal Mine Basin Road (1500 North), along the northern boundary of the property
- Grazing Permit No. 20993-12, issued to Hacking Land and Livestock (when this property is sold, the lands will be removed from the grazing permit)
Cultural Resource Covenant:
A cultural resource survey was conducted on this parcel. No significant sites were identified. The property will be sold without any covenant reservations.
Disclosures:
- 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.
- 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 “The Utah Geological Survey has submitted the following comment:Â “Potential geologic hazards in the area that could affect the parcels include landslides and landslide-prone geologic units, flash flooding/debris flow, problem soils and/or bedrock including shrink/swell and/or collapsible, shallow 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. The 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.
