The SITLA Oil and Gas, and Minerals groups held their quarterly lease offerings in January, generating more than $1.06 million for beneficiaries. The January lease offering generated more than $1 million in bonus bids, largely in oil and gas within Duchesne County. The offering also resulted in leases on a 640-acre mining parcel in San… Read more »
The Utah School and Institutional Trust Lands Administration (SITLA) presented the Utah PTA with its 2015 Friend of the Trust award. While presenting the honor to Utah PTA President Liz Zentner, SITLA Director Kevin Carter cited the PTA’s many years of support to the agency and the accompanying growth of the state’s Permanent School Fund…. Read more »
The School and Institutional Trust Lands announced the sale of 193 acres of school trust land to Jack Fisher Homes for development of the Brillo Del Sol master-planned community in the Green Springs area of Washington City. The transaction generated $8.8 million in proceeds to benefit Utah’s public school students. The funds will be deposited… Read more »
Senators Orrin Hatch and Mike Lee have announced their intent to move forward next year with legislation to expand the Utah Test and Training Range (UTTR). This legislation will support emerging defense needs and will solidify the future of Hill Air Force Base. Also included in the UTTR legislation is authorization for the exchange of… Read more »
SITLA lessee, First Wind, commemorated its fifth anniversary of the Milford Wind I project in Beaver and Millard counties. Read more about the Milford project, which consists of 97 wind turbines.