School Trust Lands Hold Public Auction

SCHOOL TRUST LANDS HOLD LAND AUCTION
 - Over 40 acres go on the auction block next week -

SALT LAKE CITY (June 14, 2024) —The Utah School and Institutional Trust Lands Administration will hold an online public auction for three parcels from June 20 to 25, 2024.

Qualifying members of the public can bid on parcels located on Montezuma Creek Mesa in San Juan County, Silvan Canyon Estates in Kane County, and Widtsoe Townsite in Garfield County.

“Twice a year, we hold land sale auctions to generate money for the Trust,” said Chris Fausett, Managing Director for the agency’s Surface Resources group. We consider a wide range of factors to determine which parcels would bring in the most revenue for our beneficiaries,” continued Fausett.

The agency utilizes the independent online auction experts at EnergyNet to ensure the auction is fair and easily accessible to bidders.

“We want to make sure we have the most competitive auction possible,” said Trust Lands Director Michelle McConkie. Bidders must pre-register with EnergyNet in advance.

For more information on the public auction and pre-bid qualifications, please visit https://trustlands.utah.gov/ or call 801-538-5163.

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The Trust Lands Administration manages 3.3 million acres of Trust Lands in Utah. Trust lands are not public lands. Trust Lands were allocated by Congress specifically to generate revenue to support designated state institutions. The beneficiaries of trust land revenue include public schools, hospitals, teaching colleges, universities, and reservoirs. The Trust Lands Administration is constitutionally mandated to manage the lands and revenues generated from them in the most profitable manner possible for the current beneficiaries and preserve trust assets for future beneficiaries.

Marla Kennedy
DIRECTOR OF COMMUNICATIONS AND GOVERNMENTAL AFFAIRS
O: 801-538-5102 | M: 385-910-3350
[email protected]
102 South 200 East, #600, SLC UT 84111
trustlands.utah.gov