Common use of Narrative Clause in Contracts

Narrative. DUE DILIGENCE AND PROPER USE: The development allowed by the lease has occurred. It is recommended that the lease be kept in force. PROPER USE: The leased premises are being used in accordance with the lease agreement. ADEQUATE INSURANCE AND BOND COVERAGE: The lessee has provided proof of adequate insurance coverage. The lease allows the Trust to require a bond at any time, or to require additional bonding as may be in the best interest of the beneficiary. WATER RIGHTS AND ▇▇▇▇▇: There are no Trust-owned water rights associated with this lease. ENVIRONMENTAL COMPLIANCE: The property was inspected and reviewed for environmental compliance on September 12, 2019. The lease inspection indicated it would be rated as low risk. There is no evidence of underground petroleum storage tanks, stained soil, unauthorized uses, or solid waste on the premises. All oil and gas containers are being properly stored. The site appears clean and orderly. The complete environmental report is in the lease file. The lease agreement provides for periodic increases in the annual base rental amount. Pursuant to the lease agreement, it is recommended that the annual base rental be increased from $2,410.00 per year to $2,600.00 per year, effective January 1, 2020. A certified notice was sent informing the lessee of this action. No response has been received. After a preliminary analysis pursuant to Board policy, the value of comparable, unimproved properties in the area has been estimated to be approximately $600.00 per acre. Based on this analysis, it has been determined that an appraisal is not warranted, and that any rental increase should be tied to comparable lease rentals, published federal price indices, or other methods as provided for in the lease agreement. The existing lease is currently considered the highest and best use of a parcel of this type of land. The annual rental has been increased from $2,410.00 to $2,600.00, effective January 1, 2020. The next five-year review will be completed by January 1, 2025. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Surface Drafted By: ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ID: 3285 ENGLEWOOD, CO 80112 Administrator: ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ County: Utah Total acres: 1.00 Start Date: 01/01/1936 Beneficiary: Deaf LAND PARCELS (GIS Review of Description: 10/01/2019) T10S, R6E, SLB&M Section 25: NE4NW4 (WITHIN) (9 POLES) 1.00 acres This right of way was issued to Mountain States Telephone and Telegraph Company on November 5, 1936, for a telephone line across three (3) parcels of trust lands. Of the three (3) parcels, only the NE¼NW¼ of Section 25, T10S, R6E, SLB&M is still on trust land, across which nine (9) poles were to have been installed. Agency staff has inspected the property and found no telephone line in place. Because the right of way has been abandoned, it should be terminated on Agency records. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Development Drafted By: ▇▇▇, ▇▇▇▇ ID: 3077 SOUTH JORDAN, UT 84095 Administrator: ▇▇▇▇▇▇, ▇▇▇▇ County: Washington Total acres: 0.18 Start Date: 07/22/2019 Beneficiary: Miners Hospital Project Code: SUNCR 004 01 000 Project Name: Coral Canyon Commercial Improved LAND PARCELS (GIS Review of Description: 08/01/2019) T42S, R14W, SLB&M Section 5: PARCEL 4 OF CANYON GREENS COMMERCIAL CENTER - PHASE B 0.18 acres This parcel in the Coral Canyon Town Center is a small 0.18 acre commercial parcel, located directly north of the Town Center 1 office building. The parcel is a remnant of land left over after development of the building to the south and upgrade of the Town Center Park to the north by Cole West, the School and Institutional Trust Lands' ("▇▇▇▇▇") development partner in Coral Canyon). ▇▇▇▇▇ received an offer on this parcel from Yodel Technologies, a software company to build a small corporate office. The initial offer was for $6.50 per square foot. An appraisal was obtained, which valued the parcel at $160,000.00 or approximately $20.00 per square foot. This sale is currently under a 120-day due diligence period. The sales price will be paid and a patent will be issued at closing. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Development

Narrative. DUE DILIGENCE AND PROPER USE: The development allowed by the lease has occurred. It is recommended that the lease be kept in force. PROPER USE: The leased premises are being used in accordance with the lease agreement. ADEQUATE INSURANCE AND BOND COVERAGE: The lessee has provided proof of adequate insurance coverage. The lease allows the Trust to require a bond at any time, or to require additional bonding as may be in the best interest of the beneficiary. A performance and reclamation bond in the amount of $38,250.00 is currently in place. That bond applies to this lease and five other SULAs (see Director’s Actions of August 16, 2021, ID #6950). It has been determined that amount is adequate for the current risks associated with the lessee’s current uses. WATER RIGHTS AND ▇▇▇▇▇: There are no Trust-owned water rights associated with this lease. ENVIRONMENTAL COMPLIANCE: The property was inspected and reviewed for environmental compliance on September 1227, 20192021. The Based on the lease inspection indicated it would be inspection, this site is being rated as low medium risk. There is no evidence of underground petroleum storage tanks, stained soil, unauthorized uses, or solid waste on the premises. All oil and gas containers are being properly stored. The site appears clean and orderly. The complete environmental inspection report is will be kept in the lease file. The lease agreement provides for periodic increases in the annual base rental amount. Pursuant to the lease agreement, it is recommended that the annual base rental be increased from $2,410.00 per year to $2,600.00 per year, effective January 1, 2020. A certified notice was sent informing the lessee of this action. No response has been received. After a preliminary analysis pursuant to Board policy, the value of comparable, unimproved properties in the area has been estimated to be approximately $600.00 per acre. Based on this analysis, it has been determined that an appraisal is not warranted, and that any rental increase should be tied to comparable lease rentals, published federal price indices, or other methods as provided for in the lease agreement. The annual base rental will be increased from $11,990.00 per year to $14,010.00 per year, effective December 1, 2021. Written notice of this action was sent to the lessee. The existing lease is currently considered the highest and best use of a this parcel of this type of land. The annual rental has been increased from $2,410.00 to $2,600.00, effective January 1, 2020. The next five-year review will be completed by January 1, 2025. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Surface Drafted By: ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ID: 3285 ENGLEWOOD, CO 80112 Administrator: ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ County: Utah Total acres: 1.00 Start Date: 01/01/1936 Beneficiary: Deaf LAND PARCELS (GIS Review of Description: 10/01/2019) T10S, R6E, SLB&M Section 25: NE4NW4 (WITHIN) (9 POLES) 1.00 acres This right of way was issued to Mountain States Telephone and Telegraph Company on November 5, 1936, for a telephone line across three (3) parcels of trust lands. Of the three (3) parcels, only the NE¼NW¼ of Section 25, T10S, R6E, SLB&M is still on trust land, across which nine (9) poles were to have been installed. Agency staff has inspected the property and found no telephone line in place. Because the right of way has been abandoned, it should be terminated on Agency records. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Development Drafted By: ▇▇▇, ▇▇▇▇ ID: 3077 SOUTH JORDAN, UT 84095 Administrator: ▇▇▇▇▇▇, ▇▇▇▇ County: Washington Total acres: 0.18 Start Date: 07/22/2019 Beneficiary: Miners Hospital Project Code: SUNCR 004 01 000 Project Name: Coral Canyon Commercial Improved LAND PARCELS (GIS Review of Description: 08/01/2019) T42S, R14W, SLB&M Section 5: PARCEL 4 OF CANYON GREENS COMMERCIAL CENTER - PHASE B 0.18 acres This parcel in the Coral Canyon Town Center is a small 0.18 acre commercial parcel, located directly north of the Town Center 1 office building. The parcel is a remnant of land left over after development of the building to the south and upgrade of the Town Center Park to the north by Cole West, the School and Institutional Trust Lands' ("▇▇▇▇▇") development partner in Coral Canyon). ▇▇▇▇▇ received an offer on this parcel from Yodel Technologies, a software company to build a small corporate office. The initial offer was for $6.50 per square foot. An appraisal was obtained, which valued the parcel at $160,000.00 or approximately $20.00 per square foot. This sale is currently under a 120-day due diligence period. The sales price will be paid and a patent will be issued at closing. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Development.

Narrative. DUE DILIGENCE AND PROPER USE: The development allowed by the lease has occurred. It is recommended that the lease be kept in force. PROPER USE: The leased premises are being used in accordance with the lease agreement. ADEQUATE INSURANCE AND BOND COVERAGE: The lessee has provided been asked to provide proof of adequate insurance coverage. The lease allows the Trust to require a bond at any time, or to require additional bonding as may be in the best interest of the beneficiary. No performance and reclamation bond is required at this time because of the low risks associated with the lessee’s current uses. WATER RIGHTS AND ▇▇▇▇▇: There are no Trust-owned water rights associated with this lease. ENVIRONMENTAL COMPLIANCE: The property was inspected and reviewed for environmental compliance on September 12April 6, 20192021. The lease inspection indicated it would be rated as low risk. There is no evidence of underground petroleum storage tanks, stained soil, unauthorized uses, or solid waste on the premises. All oil and gas containers are being properly stored. The site appears clean and orderly. The complete environmental inspection report is in will be added to the lease file. The lease agreement provides for periodic increases in the annual base rental amount. Pursuant to the lease agreement, it is recommended that the annual base rental be increased from $2,410.00 1,080.00 per year to $2,600.00 1,240.00 per yearyear based on a Consumer Price Index ("CPI") adjustment, effective January August 1, 20202021. A certified notice was sent informing the lessee of this action. No response has been received. After a preliminary An analysis pursuant to Board policy, the value of comparable, unimproved properties comparable parcels and rental rates in the area has been estimated to be approximately $600.00 per acreshow that these adjusted rentals meet market value. Based on this analysis, it has been determined that an appraisal is not warranted, warranted and that any rental increase adjustments should be tied to comparable lease rentals, published federal price indices, or other methods as provided for in the lease agreementbased on CPI. The existing lease is currently considered the highest and best use of a parcel of this type of land. The annual rental for SULA 6597 has been increased from $2,410.00 1,080.00 to $2,600.001,240.00, effective January August 1, 20202021. The next five-year review will be completed by January August 1, 20252026. DA Date: 10/07/2019 05/10/2021 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Surface Drafted By: ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ID: 3285 ENGLEWOOD6598 EPHRAIM, CO 80112 UT 84627 Administrator: ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ County: Utah Beaver Total acres: 1.00 27.5000 Start Date: 01/01/1936 08/01/2012 Beneficiary: Deaf School LAND PARCELS (GIS Review of Description: 10/01/201901/26/2012) T10S, R6E, SLB&M Section 25: NE4NW4 (WITHIN) (9 POLES) 1.00 25.000 acres This right of way was issued to Mountain States Telephone and Telegraph Company on November 5, 1936, for a telephone line across three (3) parcels of trust lands. Of the three (3) parcels, only the NE¼NW¼ of Section 25, T10S, R6E, SLB&M is still on trust land, across which nine (9) poles were to have been installed. Agency staff has inspected the property and found no telephone line in place. Because the right of way has been abandoned, it should be terminated on Agency records. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Development Drafted By: ▇▇▇, ▇▇▇▇ ID: 3077 SOUTH JORDAN, UT 84095 Administrator: ▇▇▇▇▇▇, ▇▇▇▇ County: Washington Total acres: 0.18 Start Date: 07/22/2019 Beneficiary: Miners Hospital Project Code: SUNCR 004 01 000 Project Name: Coral Canyon Commercial Improved LAND PARCELS (GIS Review of Description: 08/01/2019) T42ST28S, R14W, SLB&M Section 521: PARCEL 4 OF CANYON GREENS COMMERCIAL CENTER - PHASE B 0.18 acres This parcel in the Coral Canyon Town Center is a small 0.18 acre commercial parcel, located directly north of the Town Center 1 office building. The parcel is a remnant of land left over after development of the building to the south and upgrade of the Town Center Park to the north by Cole West, the School and Institutional Trust Lands' ("▇▇▇▇▇") development partner in Coral Canyon). ▇▇▇▇▇ received an offer on this parcel from Yodel Technologies, a software company to build a small corporate office. The initial offer was for $6.50 per square foot. An appraisal was obtained, which valued the parcel at $160,000.00 or approximately $20.00 per square foot. This sale is currently under a 120-day due diligence period. The sales price will be paid and a patent will be issued at closing. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: DevelopmentN2N2NE4NW4NW4 2.5000 acres

Narrative. DUE DILIGENCE AND PROPER USE: The development allowed by the lease has occurred. It is recommended that the lease be kept in force. PROPER USE: The leased premises are being used in accordance with the lease agreement. ADEQUATE INSURANCE AND BOND COVERAGE: The lessee has provided proof of adequate insurance coverage. The lease allows the Trust to require a bond at any time, or to require additional bonding as may be in the best interest of the beneficiary. A performance and reclamation bond in the amount of $5,000.00 is currently in place and it has been determined that amount is adequate for the current risks associated with the lessee’s current uses. WATER RIGHTS AND ▇▇▇▇▇: There are no Trust-owned water rights associated with this lease. ENVIRONMENTAL COMPLIANCE: The property was inspected and reviewed for environmental compliance on September 1229, 20192020. The lease inspection indicated it would be rated as low risk. There only equipment on site is no evidence of underground petroleum storage tanks, stained soil, unauthorized uses, or solid waste a 30,000-gallon propane tank on the premises. All oil and gas containers are being properly storeda concrete pad. The site appears is fenced and it is clean and orderly. The complete environmental inspection report is will be kept in the lease file. The lease agreement provides for periodic increases in the annual base rental amount. Pursuant to the lease agreement, it is recommended that the annual base rental be increased from $2,410.00 per year to $2,600.00 per year, effective January 1, 2020. A certified notice was sent informing the lessee of this action. No response has been received. After a preliminary analysis pursuant to Board policy, the value of comparable, unimproved properties in the area has been estimated to be approximately $600.00 per acre. Based on this analysis, it has been determined that an appraisal is not warranted, and that any rental increase should be tied to comparable lease rentals, published federal price indices, or other methods as provided for in the lease agreement. The annual base rental will be increased from $1,310.00 per year to $1,470.00 per year, effective October 1, 2020. A certified notice was sent informing the lessee of this action. No response has been received. The existing lease is currently considered the highest and best use of a this parcel of this type of land. The annual rental has been increased from $2,410.00 to $2,600.00, effective January 1, 2020. The next five-year review will be completed by January 1, 2025. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Surface Drafted By: ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ID: 3285 ENGLEWOOD, CO 80112 Administrator: ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ County: Utah Total acres: 1.00 Start Date: 01/01/1936 Beneficiary: Deaf LAND PARCELS (GIS Review of Description: 10/01/2019) T10S, R6E, SLB&M Section 25: NE4NW4 (WITHIN) (9 POLES) 1.00 acres This right of way was issued to Mountain States Telephone and Telegraph Company on November 5, 1936, for a telephone line across three (3) parcels of trust lands. Of the three (3) parcels, only the NE¼NW¼ of Section 25, T10S, R6E, SLB&M is still on trust land, across which nine (9) poles were to have been installed. Agency staff has inspected the property and found no telephone line in place. Because the right of way has been abandoned, it should be terminated on Agency records. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Development Drafted By: ▇▇▇, ▇▇▇▇ ID: 3077 SOUTH JORDAN, UT 84095 Administrator: ▇▇▇▇▇▇, ▇▇▇▇ County: Washington Total acres: 0.18 Start Date: 07/22/2019 Beneficiary: Miners Hospital Project Code: SUNCR 004 01 000 Project Name: Coral Canyon Commercial Improved LAND PARCELS (GIS Review of Description: 08/01/2019) T42S, R14W, SLB&M Section 5: PARCEL 4 OF CANYON GREENS COMMERCIAL CENTER - PHASE B 0.18 acres This parcel in the Coral Canyon Town Center is a small 0.18 acre commercial parcel, located directly north of the Town Center 1 office building. The parcel is a remnant of land left over after development of the building to the south and upgrade of the Town Center Park to the north by Cole West, the School and Institutional Trust Lands' ("▇▇▇▇▇") development partner in Coral Canyon). ▇▇▇▇▇ received an offer on this parcel from Yodel Technologies, a software company to build a small corporate office. The initial offer was for $6.50 per square foot. An appraisal was obtained, which valued the parcel at $160,000.00 or approximately $20.00 per square foot. This sale is currently under a 120-day due diligence period. The sales price will be paid and a patent will be issued at closing. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Development.

Narrative. DUE DILIGENCE AND PROPER USE: The development allowed by the lease has occurred. It is recommended that the lease be kept in force. PROPER USE: The leased premises are being used in accordance with the lease agreement. ADEQUATE INSURANCE AND BOND COVERAGE: The lessee has provided proof of adequate insurance coverage. The lease allows the Trust to require a bond at any time, or to require additional bonding as may be in the best interest of the beneficiary. A performance and reclamation bond in the amount of $5,000.00 is currently in place. It has been determined that amount is adequate for the current risks associated with the lessee’s current uses. WATER RIGHTS AND ▇▇▇▇▇: There are no Trust-owned water rights associated with this lease. ENVIRONMENTAL COMPLIANCE: The property was inspected and reviewed for environmental compliance on September 1227, 20192021. The Based on the lease inspection indicated it would be inspection, this site is being rated as low medium risk. There is no evidence of underground petroleum storage tanks, stained soil, unauthorized uses, or solid waste on the premises. All oil and gas containers are being properly stored. The site appears clean and orderly. The complete environmental inspection report is will be kept in the lease file. The lease agreement provides for periodic increases in the annual base rental amount. Pursuant to the lease agreement, it is recommended that the annual base rental be increased from $2,410.00 per year to $2,600.00 per year, effective January 1, 2020. A certified notice was sent informing the lessee of this action. No response has been received. After a preliminary analysis pursuant to Board policy, the value of comparable, unimproved properties in the area has been estimated to be approximately $600.00 per acre. Based on this analysis, it has been determined that an appraisal is not warranted, and that any rental increase should be tied to comparable lease rentals, published federal price indices, or other methods as provided for in the lease agreement. The annual base rental will be increased from $16,980.00 per year to $19,280.00 per year, effective December 1, 2021. Written notice of this action was sent to the lessee. The existing lease is currently considered the highest and best use of a this parcel of this type of land. The annual rental has been increased from $2,410.00 to $2,600.00, effective January 1, 2020. The next five-year review will be completed by January 1, 2025. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Surface Drafted By: ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ID: 3285 ENGLEWOOD, CO 80112 Administrator: ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ County: Utah Total acres: 1.00 Start Date: 01/01/1936 Beneficiary: Deaf LAND PARCELS (GIS Review of Description: 10/01/2019) T10S, R6E, SLB&M Section 25: NE4NW4 (WITHIN) (9 POLES) 1.00 acres This right of way was issued to Mountain States Telephone and Telegraph Company on November 5, 1936, for a telephone line across three (3) parcels of trust lands. Of the three (3) parcels, only the NE¼NW¼ of Section 25, T10S, R6E, SLB&M is still on trust land, across which nine (9) poles were to have been installed. Agency staff has inspected the property and found no telephone line in place. Because the right of way has been abandoned, it should be terminated on Agency records. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Development Drafted By: ▇▇▇, ▇▇▇▇ ID: 3077 SOUTH JORDAN, UT 84095 Administrator: ▇▇▇▇▇▇, ▇▇▇▇ County: Washington Total acres: 0.18 Start Date: 07/22/2019 Beneficiary: Miners Hospital Project Code: SUNCR 004 01 000 Project Name: Coral Canyon Commercial Improved LAND PARCELS (GIS Review of Description: 08/01/2019) T42S, R14W, SLB&M Section 5: PARCEL 4 OF CANYON GREENS COMMERCIAL CENTER - PHASE B 0.18 acres This parcel in the Coral Canyon Town Center is a small 0.18 acre commercial parcel, located directly north of the Town Center 1 office building. The parcel is a remnant of land left over after development of the building to the south and upgrade of the Town Center Park to the north by Cole West, the School and Institutional Trust Lands' ("▇▇▇▇▇") development partner in Coral Canyon). ▇▇▇▇▇ received an offer on this parcel from Yodel Technologies, a software company to build a small corporate office. The initial offer was for $6.50 per square foot. An appraisal was obtained, which valued the parcel at $160,000.00 or approximately $20.00 per square foot. This sale is currently under a 120-day due diligence period. The sales price will be paid and a patent will be issued at closing. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Development.

Narrative. DUE DILIGENCE AND PROPER USE: The development allowed by the lease has occurred. It is recommended that the lease be kept in force. PROPER USE: The leased premises are being used in accordance with the lease agreement. ADEQUATE INSURANCE AND BOND COVERAGE: The lessee has provided been asked to provide proof of adequate insurance coverage. The lease allows the Trust to require a bond at any time, or to require additional bonding as may be in the best interest of the beneficiary. No performance and reclamation bond is currently in place, which has been determined to be adequate for the current risks associated with the lessee’s current uses. WATER RIGHTS AND ▇▇▇▇▇: There are no Trust-owned water rights associated with this lease. ENVIRONMENTAL COMPLIANCE: The property was inspected and reviewed for environmental compliance on September 12May 26, 20192021. The lease inspection indicated it would be rated as low risk. There is no evidence of underground petroleum storage tanks, stained soil, unauthorized uses, or solid waste on the premises. All oil and gas containers are being properly stored. The site appears clean and orderly. The complete environmental inspection report is in will be added to the lease file. The lease agreement provides for periodic increases in the annual base rental amount. Pursuant to the lease agreement, it is recommended that the annual base rental be increased from $2,410.00 720.00 per year to $2,600.00 770.00 per yearyear based on a Consumer Price Index ("CPI") adjustment, effective January October 1, 20202021. A certified notice was sent informing the lessee of this action. No response has been received. After a preliminary An analysis pursuant to Board policy, the value of comparable, unimproved properties comparable parcels and rental rates in the area has been estimated to be approximately $600.00 per acreshow that these adjusted rentals meet market value. Based on this analysis, it has been determined that an appraisal is not warranted, warranted and that any rental increase adjustments should be tied to comparable lease rentals, published federal price indices, or other methods as provided for in the lease agreementbased on CPI. The existing lease is currently considered the highest and best use of a parcel of this type of land. The annual rental for SULA 1641 has been increased from $2,410.00 720.00 to $2,600.00770.00, effective January October 1, 20202021. The next fivethree-year review will be completed by January October 1, 20252024. DA Date: 10/07/2019 06/14/2021 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Surface Drafted By: ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ID: 3285 ENGLEWOOD, CO 80112 6649 Administrator: ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ County: Utah Uintah Total acres: 1.00 640.0000 Start Date: 01/01/1936 07/01/2008 Beneficiary: Deaf School LAND PARCELS (GIS Review of Description: 10/01/201906/08/2021) T10ST9S, R6ER23E, SLB&M Section 2516: NE4NW4 (WITHIN) (9 POLES) 1.00 ALL 640.00 acres This right of way was issued to Mountain States Telephone and Telegraph Company on November 5, 1936, for a telephone line across three (3) parcels of trust lands. Of the three (3) parcels, only the NE¼NW¼ of Section 25, T10S, R6E, SLB&M is still on trust land, across which nine (9) poles were to have been installed. Agency staff has inspected the property and found no telephone line in place. Because the right of way has been abandoned, it should be terminated on Agency records. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Development Drafted By: ▇▇▇, ▇▇▇▇ ID: 3077 SOUTH JORDAN, UT 84095 Administrator: ▇▇▇▇▇▇, ▇▇▇▇ County: Washington Total acres: 0.18 Start Date: 07/22/2019 Beneficiary: Miners Hospital Project Code: SUNCR 004 01 000 Project Name: Coral Canyon Commercial Improved LAND PARCELS (GIS Review of Description: 08/01/2019) T42S, R14W, SLB&M Section 5: PARCEL 4 OF CANYON GREENS COMMERCIAL CENTER - PHASE B 0.18 acres This parcel in the Coral Canyon Town Center is a small 0.18 acre commercial parcel, located directly north The authorized use of the Town Center 1 office building. The subject parcel is a remnant of land left over after development of the building to the south produced water facility, storage, and upgrade of the Town Center Park to the north by Cole West, the School and Institutional Trust Lands' ("▇▇▇▇▇") development partner in Coral Canyon). ▇▇▇▇▇ received an offer on this parcel from Yodel Technologies, a software company to build a small corporate officefreshwater pond. The initial offer was for $6.50 per square foot. An appraisal was obtainedreview date is July 1, which valued the parcel at $160,000.00 or approximately $20.00 per square foot. This sale is currently under a 120-day due diligence period. The sales price will be paid and a patent will be issued at closing. DA Date: 10/07/2019 Status: Approved by ▇▇▇▇▇ ▇▇▇ Department: Development2021.