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: November 8, 2023, Time: 8:50am MST
Bid End Time for this Parcel: November 14, 2023, Time: 10:50am MST
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.
The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.
Township 11 South, Range 10 East, SLB&M
Section 26: NE¼SE¼
This parcel is located about 3 miles northeast of Highway 191 and Emma Park Road Junction, in southern Duchesne County (about 30 miles south of the city of Duchesne).
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.
The northern third of the property is fairly level, with the southern portion consisting of steep slopes. The vegetation is sparse with cedar trees, junipers, a small stand of pines and aspens, sagebrush, and native grasses.
40.00 acres, more or less
No water will be conveyed with this property.
No utilities are located on the property.
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:
Surface Lease Encumbrances:
Grazing Permit No. 22115-17, issued to Jensen Ranches, LLC (the parcel from this sale will be removed from this permit when this property is sold)
Cultural Resource Covenant:
A cultural resource survey was conducted on this parcel. No significant sites were identified. The property will be sold without reservations for historical or cultural sites.
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