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Water Rights for Auction
Listing Information
Attachments
Water Rights for Auction
Price: $1,000,000.00
Other Item Info
Item #: utbke_382302
Created: 07/17/2019
Category: Business Property > Investments > Contract Rights
Sale Location: Salt Lake City, Utah
Sale Date: Thu. Aug 8, 2019
Created: 07/17/2019
Category: Business Property > Investments > Contract Rights
Sale Location: Salt Lake City, Utah
Sale Date: Thu. Aug 8, 2019
Seller Info
Penrod W. Keith
Trustee's Attorney
111 East Broadway, Suite 900 P O Box 4050
Salt Lake City, UT 84110
(801) 415-3000
Trustee's Attorney
111 East Broadway, Suite 900 P O Box 4050
Salt Lake City, UT 84110
(801) 415-3000
Bankruptcy Info
Case #: 2:14-bk-33427
Case Title: Federal Resources Corporation
Court: Utah Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: Federal Resources Corporation
Court: Utah Bankruptcy Court
Chapter: 7
View Case Docket
Description
Auction Sale of certain water rights owned by the Camp Bird estate (the "Water Rights"), described as below:
- Camp Bird Tunnel Water Right: An 85% interest in water rights adjudicated to the Camp Bird Tunnel pursuant to a decree entered by the District Court for Ouray County dated September 8, 1941 in Civil Action No. 1959 in the amount of 2.1 cubic feet per second.
- Evalvn Water Right: An 85% interest in water rights adjudicated to the Evalyn Pipeline and Water Right (No. 266) pursuant to a decree entered by the District Court for Ouray County dated May 11,1942 in Civil Action No. 1990 for 1.4 cubic feet per second for domestic, mining and milling uses, which was subsequently the subject of a decree approving certain changes of water right entered by the District Court for Water Division No. 4 dated May 31,1989 in Case No. 88C W80.
Water Rights for sale is more described in Exhibits 1 and 2 from Page No. 32-63 on the attached PDF.
Financial Overview
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Additional Details
- Auction Time: 1:00 p.m.
- Sale Hearing Held on August 12, 2019.
- Bid Amount: $1,000,000
- Bid Increment: $20,000
- Bid Deposit: $50,000