Rozel Flat (C-27180)

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: April 25, 2024, 9am MT
Bid End Time for this Parcel: April 30, 2024, 10am MT

To register as a bidder or to place a bid, please see box to the right.

Video:

CLOSING COSTS:

The closing costs are in addition to the 10% down payment. Costs include preliminary work needed to prepare the property for sale, processing, and advertising charges. All closing costs are due from the prevailing bidder at the auction and cannot be financed.

TOTAL CLOSING COSTS:

$6,107.00

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 9 North, Range 7 West, SLB&M
Section 4: Lots 3&4, S½NW¼, S½ [LOTS AKA N½NW¼)

Location:

This parcel is located east of the Great Salt Lake, approximately seven miles southwest of the Golden Spike National Park. The Promontory Mountains are located southeast of the property.

Access:

Physical access to the property is from Johnson Canyon Road and then across private property. Rozel Flats Roads is located 1/4 mile south of the property.

The property is located about 5 miles to the west of Interstate 15 and about 5 miles to the northeast of Interstate 84.

Additional Information:

The property is currently being used as vacant range lands. The topography is flat with native grasses and sagebrush. The Box Elder County parcel number is 03-008-0045.

Acreage:

480.00 acres, more or less

Water Rights:

No water rights will be included with the property.

Utilities:

There are no known utilities in the general area.

Zoning:

The parcel has not been assigned a zoning category. The most-likely zoning category is recreational or grazing.

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:

Grazing Permit No. 23463, issued to Garff Ranch Operations (this permit will be cancelled when this property is sold)

Cultural Resource Covenant:

A cultural resource survey was conducted on this parcel. No significant sites were identified.

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 property will be conveyed subject to all valid existing rights.