Judge to allow sale of dairy farm in polygamous trust
It's official: Harker Farm is being sold.
The Beryl, Utah, dairy Farm is currently part of the polygamous United Effort Plan a trust created by the Fundamentalist Church of Jesus Christ of Latter-Day Saints but is now managed by the state. However, a judge Friday approved a plan to sell the farm to men currently operating it.
The sale will close sometime in December, but an order approving the transaction is already filed with the court and as of Wednesday merely awaited a judge's signature. Accompanying documents reveal the farm will be sold for $3.4 million dollars. That price includes nearly $400,000 for 485 heifers, more than $2.8 million in cash and a piece of land worth $200,000.
The money and land will help fund the UEP trust and allow accountant Bruce Wisan the man appointed by a judge to oversee the trust to pay back some of the $5.6 million loan the state provided earlier this year.
The UEP acquired Harker Farm in 2007 to satisfy an $8.8 million judgement against now-imprisoned FLDS leader Warren Jeffs. The farm later prompted legal skirmishes over ownership.
The men buying the farm, Jonathan and Hyrum Harker, have been managing it for years but recently obtained an agreement for financing from a lender.
Jim Dalrymple II
See more about comments here.