Polygamous trust selling 1,035 acres valued at $1 million
Update: Third District Court Judge Denise Lindberg on Friday rejected three of the proposed sales. The revised figures for the sold properties are: 13 sold properties totaling 838 acres for a price of $1.139 million.
The numbers are in from the United Effort Plan's June 25 auction.
Now the UEP fiduciary is asking a judge to approve the sale of 1,035 acres in Hildale, Utah, and Colorado City, Ariz. If approved, the sales would generate $1.115 million.
Those figures represent 16 separate sales made at the auction, according to records filed in 3rd District Court in Salt Lake City. That dollar figure represents a combined 84 percent of the assessed value on the properties.
Among the items sold:
• One-and-a-half acres consisting of the Colorado City impound yard and parking at a bid of $50,000
• Three hundred fourteen acres of property in a largely agricultural area known as "The Gap" for a bid of $110,019
• Ninety-seven acres around a property previously given to some of the former teenagers the FLDS kicked out at a bid of $223,100. The teens' property itself is not part of the sale.
The UEP also took bids on 10 other parcels, but the fiduciary will ask Judge Denise Lindberg to reject those bids. The bids totaled just 27 percent of the assessed values of those 10 parcels, according to the records.
The list of low bids produced a humorous item. The UEP apparently tried to sell acreage and elk pens at the old Colorado City zoo. The parcel had an assessed value of $63,419, but Willie Jessop the high bidder offered only $26,000.
There's no indication when the judge will approve the sales. Update: A hearing is scheduled for Friday where the judge will consider the sales. No finished homes were sold.
The UEP fiduciary, Bruce Wisan, has been trying to sell property to pay the bills accumulated by the UEP, including fees owned to Wisan and his attorneys.
Some familiar names appeared as bidders. Jessop, the former Warren Jeffs protector who has since been pursuing FLDS assets, was the high bidder on three properties on the list of recommended sales. Richard Holm, who was kicked out of the FLDS in 2003, bought two properties on the recommended list.
I compiled the properties in two spreadsheets embedded. Or, if you're on a mobile edition, you can click here.
There's some more detail in the court documents, which I also embedded. Or you can click this to read the court documents.
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