Pleasant Valley (C-27224)
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:
To register as a bidder or to place a bid, please see box to the right.
Bid Start Time for this Parcel:Â Thursday, November 14, 2024 – 11:10am MST
Bid End Time for this Parcel: Tuesday, November 19, 2024 – 11:10am MST
CLOSING COSTS:
The closing costs are expenses incurred to prepare the property for sale. A large portion of the costs is for the completion of a cultural resource survey, which is required by law.
These costs are in addition to the 10% down payment. All closing costs are due from the winning bidder within 24 hours after completion of the auction and cannot be financed.
TOTAL CLOSING COSTS FOR THIS PARCEL:Â $3,950.00
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 8 South, Range 17 East, SLB&M
Section 16:Â Lots 3 & 4
Location:
This property is located approximately 6.5 miles southeast of Myton, in the Pleasant Valley area of Duchesne County.
GPS Points (to center of property):
Latitude 40.11163269
Longitude -110.01611582
Access:
Access is from a county-claimed road (1000 West), which runs along the eastern boundary of the property.
Additional Information:
The terrain of this rectangular-shaped parcel is level. The vegetation is sage, and native grasses with limited trees. The property is surrounded by private property.
Duchesne County Parcel No. 00-0035-2219
Acreage:
40.68 acres, more or less
Water Rights:
No water rights are included with the property.
Utilities:
No utilities are located on site, but are nearby. Â
Zoning:
A-5 (agricultural) – This zoning allows for one dwelling for every 5 acres.
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.
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:
None
Surface Lease Encumbrances:
- Easement No. 2284, issued to Duchesne County for roads, for a perpetual term (1000 West)
Cultural Resource Covenant:
A cultural resource review was conducted on the property. No significant sites historic sites were identified. These properties will be sold without cultural reservations.
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 commented: “Potential geologic hazards in the region that could affect the parcels include flash flooding/debris flow, problem soils including shrink/swell and/or collapsible, earthquake-related hazards associated with the Duchesne-Pleasant Valley fault system, and indoor radon potential. Potential hazards should be addressed in a manner appropriate to the intended use of the property. Geologic hazards are best addressed early in the planning process prior to development and construction. UGS has general geologic hazard information available at its offices and online at htts://geology.utah.gov/utahgeo/hazards/index.htm.
- The property will be conveyed subject to all valid existing rights.
