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Senate hears appraisal testimony on Book Cliffs conservation initiative as trust-land concerns surface
Summary
At a Feb. 11 Senate hearing on SB 114, appraisers and State Land Board representatives debated the valuation methods for ranches in the Book Cliffs initiative, focusing on grazing-permit values, mineral-rights protections and local tax impacts; the bill was circled for amendment review and the Land Board will meet Friday.
Members of the Utah Senate spent a prolonged portion of their Feb. 11 session on Senate Bill 114, the Book Cliffs Conservation Initiative appropriations measure, focusing on competing land valuations and how the proposal would affect state trust revenues.
Senator Fordham moved the body into a committee of the whole so certified appraisers could explain their work. Testifying, the panel identified Blaine D. Hales (senior) and Blaine Dugan Hales (junior) as the appraisers for the subject ranch; the younger Hales told senators, “I appraised the property in, 1990 … for $2,157,000,” and described using seven comparable ranch sales and a…
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