Kenilworth Parcel (C-27011)

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

Topography is the property consists of steep slopes and deep canyons. Vehicle access across the property is limited due to the steep topography. The average elevation of the parcel is 7,167 feet.

Location:
This parcel is located in a dry canyon in Carbon County, 1/2 mile north of the town of Kenilworth.

Access:
Access to this parcel is from a private road through private property. The Trust has no perfected easement for the right-of-way, but there may be a prescriptive right of access. Interested parties should do their own due diligence regarding access to the property because the Trust does not warranty or guarantee access to this parcel.

Zoning:
WS - Water Shed (all areas over 7,000 feet elevation)
M&G-1, Mining and Grazing (all areas below 7,000 feet elevation)

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

Utilities:
No utilities are located on site. The closest power is 1/2 mile south. An abandoned power line is located on the property which once served a mine at the top of the canyon, northeast of the property.

Mineral Leases:
None

Surface Leases:
None

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

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.

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

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.

Government Resources

Email
government@energynet.com

Office
(877) 351-4488