Server Time (CDT): May 8, 2:10:12p

Soldier Creek Road (C-26907)

Carbon County, UT
Utah SITLA - Land Sale Auction, June 15, 2021

AUCTION NOT YET STARTED

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

Parcel:

Soldier Creek Road (C-26907)

Acres:

160.00

Time Remaining:

38D 1H 49M 48S

Start Time:

6/9/2021 10:00 AM MDT / 11:00 AM CDT

End Time:

6/15/2021 3:00 PM MDT / 4:00 PM CDT

Your Bid:

-

Highest Bid:

-

Starting Bid:

$120,000

Bid Increment:

$1,000

Total Cost at Starting Bid:

$122,750
(Bid Price + Agency Fees)

Legal Description:

Parcel Details

Parcel

Soldier Creek Road (C-26907)

County, State

Carbon, UT

Legal Description

T13S, R11E, SLB&M, Section 36:  S½SW¼, W½SE¼

Acreage

160.00

Appraisal Costs

$2,000.00

Sale Processing Charge

$500.00

Application Fee

$250.00

Comments

Acreage listed is approximate; 160 Acres, More or Less

Agency Fees (Closing Costs)

Agency Fee Amount
Appraisal Cost $2,000.00
Cultural Resources Survey Cost TBD
Legal Advertising Cost TBD
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.

Location and Access

Location:
The parcel is located along Soldier Creek Road, approximately 8 miles northeast of Wellington in Carbon County.

Access:
Access to and through the parcel is via Soldier Creek Road.

Additional Information

The property consists of two plateaus with a draw running north to south between them.  Private lands border the parcel to the north and east, and BLM lands border the parcel to the west and the south.

Video

Water Rights and Utilities

Water Rights:
None

Utilities:
None

Zoning

M&G (Mining & Grazing)

Encumbrances

Mineral Leases:
Mineral Lease No. 52479, issued to WEM Dragon, LLC for oil, gas, and hydrocarbon mining with an expiration dated based on production

Surface Leases:
Grazing Permit No. 20230-09, issued to Pine Canyon Ranch LLC (this land will be deleted from the grazing permit upon completion of the sale)

Easement No. 2429 for a pipeline and road access (this is currently a pending application)

Predesignation No. 755, issued to Carbon County for roads which are valid existing rights for a perpetual term

Cultural Resource Covenant:
A cultural resource survey will be conducted on this parcel.  Any significant sites identified will require a reservation to protect the sites.

Disclosures

Please see the Aquisition Agreements section of this page for transaction template documents and for general disclosures.

All mineral rights, including the sand and gravel rights will be reserved.

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

The Utah Geological Survey (UGS) has submitted the following comments:  “Potential geologic hazards in the area that could affect the property include flash flooding/debris flow, landslide-prone geologic units, problem soils and/or rock including shrink/swell and/or collapsible, shallow bedrock, and indoor radon potential. Prospective users 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 its offices and online at http://geology.utah.gov/utahgeo/hazards/index.htm."

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 for up to a 20 year term.

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, closing costs, and interest through June 30, 2021 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.

Utah SITLA Points of Contact

Diane Lund
Sales Coordinator

Email
dlund@utah.gov

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

Scott Bartlett
Resource Specialist

Email
scottbartlett@utah.gov

(801) 538-5166

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; 5469640-PB00



www.bateslandco.com