DATE: August 28, 2006
CONTACT: Mike Brown (775) 753-0386
ELKO FIELD OFFICE: 2006-80
BLM LAND SALE PLANNED
Eleven parcels comprising 4,061 acres of BLM-administered public lands in Elko and Eureka Counties will be auctioned on September 26, 2006, 10:00 a.m., at the BLM Elko Field Office, 3900 East Idaho Street, Elko, Nevada 89801.
The parcels range in size from 40 acres to 663 acres and will be sold competitively to the highest bidder. The minimum bid will begin at the appraised fair market value. No bids lower than the appraised value will be accepted. Fair market values range from $167 per acre to about $813 per acre based on the individuals parcels.
People may bid on the parcels with either a sealed bid or attend the oral auction. To submit a bid, people need to get a copy of the land sale booklet which contains the bid instructions, maps of the parcels, legal descriptions, fair market valuations, list of encumbrances, and the required Sale Bid & Certificate of Eligibility form.
Sealed bids will be accepted at the BLM Elko Field Office from now until the close of business (4:30 p.m.) on September 19, 2006. A deposit of ten percent of the amount bid must accompany the bid. Deposits will be refunded to unsuccessful bidders.
Registration for the oral auction will begin at 8:00 a.m. on September 26, 2006 and will continue until 9:45 a.m. The oral auction of the eleven parcels will begin at 10:00 a.m. with the opening price being the appraised fair market value or the amount bid by sealed bid, whichever is higher. BLM Elko Field Office began meeting with local governments more than two years ago to discuss plans for land sales.
“The Federal Land Policy and Management Act (FLPMA) provides for sale authority for public lands that are uneconomic or difficult parcels to manage,” said BLM Elko Field Manager Helen Hankins. “The lands have been identified for disposal in the BLM’s approved land use plan. There has also been an increasing interest in selling federally managed land in Elko County.”
The eleven parcels are also eligible under the Federal Land Transaction Facilitation Act of 2000 (FLTFA), commonly known as the “Baca Act”, which established a funding mechanism to pay BLM’s administrative costs. When public land sales are conducted under FLFTA, the proceeds from the sale of public lands in Nevada mostly stay in Nevada. A portion of the total proceeds are paid to the Nevada state school fund. The remaining portion proceeds may be used by BLM Nevada to fund sale activities or to purchase lands or interests in lands such as conservation easements.
Interested people are encouraged to get a copy of the land sale booklet (which includes a map and detailed list of the parcels with legal descriptions) and inspect the parcels prior to the auction. The booklets are available at the BLM Elko Field Office, 3900 East Idaho Street, Elko, NV 89815 or contact Darci Beaupeurt at (775) 753-0251 or email@example.com