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.
School of Mines
Township 23 South, Range 2 West, SLB&M
Section 7: E½SW¼, SE¼ [Less 51.10 acres conveyed for I-70]
The parcel is located 5 miles north of Richfield.
Willow Creek has great access from a Class B county road entering the parcel. There is a smaller Class D county road that also accesses the property.
This parcel is bisected by I-70. It contains a flood plain area where Willow Creek drains onto the alluvial fan. The Richfield City shooting range is adjacent to this parcel. One of the easements through this property is for an irrigation pipeline.
188.90 Acres, More or Less
There is currently no culinary drinking water on the property. No water rights are available from SITLA for this property.
Although there are large overhead power lines bisecting the property, the closest electrical utility is approximately 0.5 mile from the property.
Zoning on this parcel is agriculture.
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. No significant sites were identified. The property will be sold without any historic reservations.
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