Trust Lands Discusses MW-Kanab Development Lease Buyout
Utah School and Institutional Trust Lands Administration Board of Trustees | State of UtahState · Salt Lake City, UT- Disclosed value
- $2,900,000 proposed purchase price for the remaining 85.83 acres; $122,000 received from prior sales of 15.50 acres
- From agendapacket
- Document date
- Sep 17, 2026
- Term
- Proposed sale to occur within 60 days
The 30-second brief
Trust Lands Administration discussed an amendment to Development Lease No. 1263 with MW-Kanab LLC and a proposed sale of the remaining 85.83 acres. Staff valued the risk-free buyout at approximately $2.9 million and proposed completing the sale within 60 days to avoid additional development and bond-related exposure.
Mw-kanab LLC holds this contract with Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah.
Term as filed: Proposed sale to occur within 60 days.
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Contract details
- Amount
- $2,900,000 proposed purchase price for the remaining 85.83 acres; $122,000 received from prior sales of 15.50 acres
- Document date
- September 17, 2026
- Term
- Proposed sale to occur within 60 days
- Vendor
- Mw-kanab LLC
- Source document
- Trust Lands Administration AgendaPacket Board of Trustees Meeting 2026-09-17 (AgendaPacket)
Mw-kanab LLC's other public contracts
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Questions about this contract
Who was awarded the government contract by Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah?
Mw-kanab LLC was awarded this government contract by Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah, as recorded on September 17, 2026. The contract value is $2,900,000 proposed purchase price for the remaining 85.83 acres; $122,000 received from prior sales of 15.50 acres.
How much is the Mw-kanab LLC contract with Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah worth?
The Mw-kanab LLC contract with Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah is valued at $2,900,000 proposed purchase price for the remaining 85.83 acres; $122,000 received from prior sales of 15.50 acres.
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 of Trustees Meeting 2026-09-17 (AgendaPacket), dated September 17, 2026 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 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.