Shurtz Canyon (C-26787)

Closing Costs:

These costs cannot be financed and are in addition to the 10% down payment.  All closing costs are due from the prevailing bidder at the auction.

Appraisal Costs: $1,750.00
Cultural Resources Survey: $500.00
Legal Advertising Cost: $538.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS: $3,538.00

Beneficiary:

Public Schools

Legal Description:

Township 37 South, Range 11 West, SLB&M
Section 11:  E½SE¼

Location:

The parcel is located 7 miles southeast of Cedar City, in Iron County below the rim of Cedar Mountain.  It is surrounded by privately-owned property.

Access:

This is a remote parcel and public access has not yet been developed.

Acreage:

80.00 Acres, More or Less

Water:

Water Right No. 73-1251 will be conveyed with this parcel.

Utilities:

There are no known utilities in the general area.

Zoning:

A-20 Agricultural 20-acre Zoning

The A-20 zone is the zone of most of the unincorporated and undeveloped areas of Iron County. It requires 20-acres for each residence and is aimed at agriculture and recreational development.

Financing:

Financing will be offered for this parcel.  A down payment of 10% and closing costs will be due at the auction.  The remaining balance can be financed at a variable rate of prime plus 2.5% for up to a 20 year term.

Mineral Leases:

None

Surface Leases:

  1. Grazing Permit No. 23346, issued to Linford K. Nelson (this land will be canceled from this permit when sold)

Cultural Resource Covenant:

A cultural resource survey was conducted on the subject property.  No significant sites were identified.

Disclosures:

  1. Please see the auction page for general disclosures and auction procedure information which pertains to all properties being offered at the auction.
  2. All mineral rights, including the sand and gravel rights will be reserved.
  3. The property will be conveyed subject to all valid existing rights.
  4. The following comment was received from the Utah Geological Survey (UGS):  “Potential geologic hazards in the region that could affect the site include landsliding, stream flooding, flash flooding/debris flow, earthquake-related hazards associated with the Hurricane fault, problem soils including shrink/swell and/or collapsible, shallow bedrock, 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 http://geology.utah.gov/utahgeo/hazards/index.htm.”
  5. Other disclosures, if any, will be announced at the auction.

Diane Lund
Assistant Managing Director, Surface; Land Sales Coordinator
Ron Torgerson
Surface, Assistant Managing Director

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