ONLINE BIDDING INFORMATION:
Bid Start Time: Thursday, November 12, 2020 at 9:50am
Bid End Time: Wednesday, November 18, 2020 at 2:50pm
These costs cannot be financed and are in addition to the 10% down payment. All closing costs are due from the prevailing bidder at the auction.
The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.
Township 2 North, Range 19 East, SLB&M
Section 2: S½
The parcel is located 4 miles south of Manila, adjacent to the Flaming Gorge National Recreation Area and the Ashley National Forest.
Access to and through the parcel is via Sheep Creek Geological Loop (ROW 833).
Sheep Creek runs northwest-southeast through the parcel. The creek bottom is moderately sloping, and the remainder of the parcel rises sharply to the northeast and the southwest. Private and trust lands border the parcel to the north, with the Ashley National Forest to the south and west and the Flaming Gorge National Recreation Area to the east.
320.00 Acres, More or Less
Water Right No. 41-2376, for stockwatering directly on Sheep Creek during the summer months, will be included with the property. Per the Utah Division of Water Rights, there is a limited ground-water resource available. Appropriations from isolated springs and underground water are generally limited to sufficient acre-foot amounts to serve the domestic needs of one family, irrigation of 1.0 acres, and a reasonable amount of livestock. Water is available for larger projects on a temporary or fixed-time basis, which are generally limited to five years. Interested parties should contact the Division of Water Rights for more information regarding the availability of water rights on this property.
A-20, Agricultural District, 20 acre minimum lot size
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 at a variable rate of prime plus 2.5% for up to a 20 year term.
Cultural Resource Covenant:
A cultural resource survey was conducted on the subject property. One significant site was identified. The property will be sold with reservations for the site which was identified.
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