Co-op Creek (C-27148)

Utah SITLA
Lease or property questions?
Ron Torgerson
Surface, Assistant Managing Director
rgtorgerson@utah.gov
(435) 893-2980
Diane Lund
NW Area Manager, Land Sales Coordinator
dlund@utah.gov
(877) 526-3725 or (801) 538-5163

EnergyNet
Bidding or participation questions?
Government Resources (877) 351-4488
government@energynet.com

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 November 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.

The property is L-shaped with very irregular topography. The vast majority of the land in this area is undeveloped mountain ground.

Location:
The property is located off North Forks Road and north of SR-9, near the east border of Zion National Park.

Access:
The private road to the property is primitive. The property is surrounded by private landowners. Interested parties would need to obtain access from one of the surrounding landowners.

Zoning:
Currently exempt from zoning - likely to be zoned AG-10.

Water Rights:
No water rights will be included with this property.

Utilities:
Power is located nearby, no other utilities are currently available.

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

1. 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.


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 Utah Geological Survey has submitted the following comment: "Potential geologic hazards in the area that could affect the parcels include landslide-prone geologic units and existing landslides including several large complexes mapped on and near the property, rock fall, seasonal stream flooding, flash flooding/debris flow, problem soils and/or bedrock including shrink/swell and/or collapsible, shallow bedrock, and indoor radon potential. Prospective buyers should be aware of the potential hazards so they can be addressed in a manner appropriate to the intended use of the property. UGS has general geologic hazard information available at our offices and online at http://geology.utah.gov/utahgeo/hazards/index.htm."


5. The Utah Division of Wildlife Resources has submitted a comment regarding wildlife habitat importance in this area. A copy of this comment will be provided to interested parties upon request and will be given to the successful purchaser for their consideration.


6. The property will be conveyed subject to all valid existing rights.

Mineral Leases:
None

Surface Leases: