university-of-utah-meeting-minutes-2024-02-13_cf0.txt
20-Year Land Lease Secured for Cosmic Telescope Array
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Description
The University of Utah Board approved a 20-year amended and restated lease with the School and Institutional Trust Lands Administration for 4,657.68 acres to be used for a cosmic telescope array, at $6,400 in annual rent.
Contract Details
Contract Amount
$6,400 (average annual rent)
Vendor
SCHOOL & INSTITUTIONAL TRUST LANDS ADMINISTRATION
Agency
University Of Utah, UT
Contract Type
FACILITIES
Document Date
February 13, 2024
Contract Term
Twenty (20) years, commencement March 1, 2024
Renewal Date
2044-02-29
Renewal Info
Amended and restated lease, renewed for twenty years from March 1, 2024.
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