The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.

Location:
The parcel is located in Tooele County - northwest of the town of Stockton, about 9 miles southwest of Grantsville, and about 1 mile west of Mormon Trail Road.

Access:
The property has no legal access.

Two properties in this same general area will be sold at this auction. The vegetation of this property is nearly all sage, rabbitbrush, and grasses. The area on the far west side of the parcel, near the drainage is moderately dense. The terrain is flat with rolling hills to moderately sloping. The elevation is approximately 5,300 to 6,000 feet.

Water Rights:
No water rights will be conveyed with the sale of this property.

Utilities:
No utilities are located on the property.

MU-40 (Multiple Use Agricultural)

Mineral Leases:
None

Surface Leases:
1. Grazing Permit No. 23332-B10, issued to Ed Roberts (when sold, these lands will be deleted from the grazing permit)

Cultural Resource Covenant:
A cultural resource survey was conducted on this parcel. No significant historical or cultural sites were identified. The property will be sold without any historical or cultural reservations.

1. Please see the disclosure summary and the certificate of sale template document posted on this page for general disclosures which apply to all parcels being offered for sale at this auction.
   
2. All mineral rights will be reserved.
   
3. The sand and gravel on the parcel will be subject to a royalty provision if sold commercially.
   
4. The property will be conveyed subject to all valid existing rights.

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.

Diane Lund
Resource Specialist (Sales Coordinator)

Email dlund@utah.gov

(877) 526-3725 or (801) 538-5163

After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.

For the successful bidder, a deposit of at least 10% of the sale price, closing costs, and interest through November 30, 2022 is due within one business day from the completion of the auction and is payable to SITLA. Full remittance instructions will be included with the invoice. The remaining balance due will be financed through SITLA at a variable rate of prime plus 2.5% or 7.5%, whichever is greater.

Government Resources

Email
government@energynet.com

Office
(877) 351-4488

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