DAR File No. 41852
This notice was published in the July 15, 2017, issue (Vol. 2017, No. 14) of the Utah State Bulletin.
School and Institutional Trust Lands, Administration
Rule R850-80
Sale of Trust Lands
Five-Year Notice of Review and Statement of Continuation
DAR File No.: 41852
Filed: 06/27/2017 09:34:07 AM
NOTICE OF REVIEW AND STATEMENT OF CONTINUATION
Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:
Subsections 53C-1-302(1)(a)(ii) and 53C-4-101(1) authorize the Director of the School and Institutional Trust Lands Administration to prescribe the terms and conditions for the sale of trust land.
Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:
No written comments have been received by the Trust regarding this rule since the previous five-year notice of review.
Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:
This rule is necessary as it sets forth the procedures and guidelines for determining if and when it is in the best interests of the trust beneficiaries to sell portions of the surface estate. It also sets forth the process for establishing and receiving fair market value for the lands available for sale. Therefore, this rule should be continued.
The full text of this rule may be inspected, during regular business hours, at the Office of Administrative Rules, or at:
School and Institutional Trust LandsAdministrationRoom 500
675 E 500 S
SALT LAKE CITY, UT 84102-2818
Direct questions regarding this rule to:
- Kim Christy at the above address, by phone at 801-538-5183, by FAX at 801-355-0922, or by Internet E-mail at [email protected]
Effective:
06/27/2017
Authorized by:
David Ure, Director
Additional Information
More information about a Five-Year Notice of Review and Statement of Continuation is available online.
The Portable Document Format (PDF) version of the Bulletin is the official version. The PDF version of this issue is available at https://rules.utah.gov/publicat/bull_pdf/2017/b20170715.pdf. The HTML edition of the Bulletin is a convenience copy. Any discrepancy between the PDF version and HTML version is resolved in favor of the PDF version.
For questions regarding the content or application of this rule, please contact Kim Christy at the above address, by phone at 801-538-5183, by FAX at 801-355-0922, or by Internet E-mail at [email protected]. For questions about the rulemaking process, please contact the Office of Administrative Rules.