Farmland Reserve Land Purchase Recommended in Rich County
Utah School and Institutional Trust Lands Administration Board of Trustees | State of UtahState · Salt Lake City, UT- Disclosed value
- $7,450,000 purchase price plus estimated $860,600 in closing costs
- From agendapacket
- Document date
- Nov 20, 2025
- Term
- Cash sale; closing upon payment in full
The 30-second brief
Trust Lands Administration recommended selling approximately 16,492 acres in Rich County to Farmland Reserve, Inc. for $7.45 million. The cash transaction includes estimated closing costs of $860,600 and conveys 24 appurtenant stockwatering rights.
Farmland Reserve Inc holds this contract with Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah. Its other public contracts on record include work for Cottle County and Tampa Bay Water.
Term as filed: Cash sale; closing upon payment in full.
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Contract details
- Amount
- $7,450,000 purchase price plus estimated $860,600 in closing costs
- Document date
- November 20, 2025
- Term
- Cash sale; closing upon payment in full
- Vendor
- Farmland Reserve Inc
- Source document
- Trust Lands Administration AgendaPacket Board Meeting Materials 2025-11-20 (AgendaPacket)
Farmland Reserve Inc's other public contracts
More Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah contracts
Questions about this contract
Who was awarded the government contract by Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah?
Farmland Reserve Inc was awarded this government contract by Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah, as recorded on November 20, 2025. The contract value is $7,450,000 purchase price plus estimated $860,600 in closing costs.
How much is the Farmland Reserve Inc contract with Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah worth?
The Farmland Reserve Inc contract with Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah is valued at $7,450,000 purchase price plus estimated $860,600 in closing costs.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Trust Lands Administration AgendaPacket Board Meeting Materials 2025-11-20 (AgendaPacket), dated November 20, 2025 from Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Farmland Reserve Inc hold?
Farmland Reserve Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah currently buying?
Explore Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
