06-13-2014, 12:55 AM
The Feds don't participate in these lands sells through SITLA. A deal would have already been done before this. They wouldn't have SITLA spending $6,000 for a couple hours work and then sell at a public auction. The land with all the mineral and DWR wildlife easements isn't particularly valuable. It'll pump a few hundred dollars into the school fund per year tops if it eventually sells. Don't see much incentive for a conservation group to buy as the DWR will maintain their easement.
If you want to see how Utah would do with control of more land look at SITLA's record. Last year it was reported they got a 2.3% return on a $1.6 billion dollar investment. My retirement funds returned over 15% for 2012 for comparison. Of course like UTA they got bonuses for showing up to work with a detectable pulse.
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If you want to see how Utah would do with control of more land look at SITLA's record. Last year it was reported they got a 2.3% return on a $1.6 billion dollar investment. My retirement funds returned over 15% for 2012 for comparison. Of course like UTA they got bonuses for showing up to work with a detectable pulse.
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