Server Time (CDT): Apr. 20, 1:51:34a

Ford Ridge - Parcel 3 (C-27010)

Carbon County, UT
Utah SITLA - Land Sale Auction, June 13, 2023

SOLD

Registration Status:

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Your Bid Status:

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Parcel:

Ford Ridge - Parcel 3 (C-27010)

Acres:

662.20

Time Remaining:

Auction has ended

Start Time:

6/8/2023 9:00 AM MDT / 10:00 AM CDT

End Time:

6/13/2023 10:00 AM MDT / 11:00 AM CDT

Your Bid:

-

Highest Bid:

$496,650

Starting Bid:

$496,650

Bid Increment:

$2,000

Total Cost at Highest Bid:

$503,695
(Bid Price + Agency Fees)

Legal Description:

Parcel Details

Parcel

Ford Ridge - Parcel 3 (C-27010)

County, State

Carbon, UT

Legal Description

T12S, R9E, SLB&M
Sec 32: All

Acreage

662.20

Application Fee

$250.00

Comments

Acreage listed is approximate; 662.2 Acres, More or Less

Agency Fees (Closing Costs)

Agency Fee Amount
Appraisal Costs $1,802.00
Cultural Resources Survey $4,293.00
Legal Advertising Cost $200.00
Sale Processing Charge $500.00
Application Fee $250.00

Beneficiary Notice

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

Additional Information

The average elevation of the Ford Ridge property is 8,332 feet with gradual to steep slopes.

Location:
This parcel is located in Carbon County, northwest of the town of Helper on the south facing ridge that separates Spring Canyon (south) from Crandall Canyon (north).

Access:
There are no public or SITLA owned vehicular access rights for this parcel. Interested parties should do their own due diligence regarding access to this parcel for their intended purposes.

Zoning:
WS – Water Shed

Water Rights:
No water rights are available to be conveyed with the property.

Utilities:
No utilities are located on site.  The closest electrical service is about a mile northwest on Beaver Peak.

Video

Encumbrances

Mineral Leases:
None

Surface Leases:
Grazing Permit No. 23063-13, issued to Sacco Brothers Land & Livestock Co. (when sold, this land will be deleted from this grazing permit)

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

Disclosures

  1. Please see the disclosure summary and the certificate of sale template documents 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. The Utah Geological Survey wants all interested parties to be informed of potential geologic hazards in the region that could affect this parcel including landslides and landslide-prone geologic units, rockfall, stream flooding, flash flooding/debris flow, problems soils and/or bedrock including shrink/swell and/or collapsible, shallow bedrock, and indoor radon potential. Potential buyers can get information from UGS's general geologic hazard website at: http://geology.utah.gov/utahgeo/hazards/index.htm.

Utah SITLA Points of Contact

Diane Lund
Resource Specialist (Sales Coordinator)
dlund@utah.gov
(877) 526-3725 or (801) 538-5163
Bryan Torgerson
Surface Assistant Deputy Director
bryantorgerson@utah.gov
(435) 259-7417

Successful Bidder Notification

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, plus closing costs and interest through June 30, 2023, is due within one business day from the completion of the auction and is payable to SITLA. Financing will be offered for this parcel at a variable interest rate of prime plus 2.5% or 7.5%, whichever is greater. The remaining balance may be financed for up to a 20 year term. Full remittance instructions will be included with the invoice.

EnergyNet Point of Contact

Government Resources

Email
government@energynet.com

Office
(877) 351-4488

Utah Broker

Utah Broker of record is Bates Land Consortium

RE License Number: 10851533-CN00: 6346513-AB00



www.bateslandco.com

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #894

6/9/2023 1:13:42 PM

$496,650