UNLEASED COTTAGE SITE AUCTION APPLICATION (land not currently under permit) INCOMPLETE APPLICATIONS WILL NOT BE CONSIDERED. Appraisal Fee: $1,000 Title Commitment Deposit: $2,000 Payette Lake lakefront $ 800 Payette Lake upland $ 800 Priest Lake - all Applicant: Street Address: APPLICANT DATA: The full legal name of the Applicant Primary Contact Name (If different than Applicant): Mailing or PO Box Address (if different from Street Address): City, State Zip: City: State: Zip +4: Email Address: Email Address: Home Phone: Cell Phone: Home Phone: Cell Phone: Work Phone: Work Phone: Requirements upon Application Submittal: Executed Unleased Cottage Site Auction Application; Signed and Notarized Statement of Non-Collusion; Appraisal fee payable to First American Title Company $1,000; and Title Commitment Deposit payable to First American Title Company: $ 2,000 Payette Lake lakefront $ 800 Payette Lake - upland $ 800 Priest Lake - all Submit to: Attn: Tami DeJournett-Albert First American Title Company 3540 E Longwing Ln #230, Meridian, ID 83646 I hereby certify under oath that I am the Applicant, and that if the above-listed representative has power to execute any documents on my behalf, then the representative has my power of attorney, a copy of which shall be delivered to IDL. The information contained in this Application is true and correct to the best of my knowledge. I have read and hereby accept the terms and conditions set forth herein. I further certify that I have read and understood the Non-Collusion Requirements through any auction of the subject state endowment land ( Endowment Land ); I further acknowledge that the falsification of any information contained herein, or provided in connection with said auction, shall constitute grounds for rejection of this Application and forfeiture of any and all fees paid in connection with said auction, and shall constitute a breach of any lease, purchase, or acquisition of Endowment Land, in which event, I shall re-convey the Endowment Land back to IDL upon demand by IDL, and in addition, such breach may result in the immediate termination of any and all leases I currently have with IDL. (Applicant Signature) (Date) _ (Applicant Signature) (Date) IDL Staff Use Only ULA # Project Code: $ to FATCO Check # TC: 104 PCA: 41486 Application Accepted Application Denied Application Incomplete Returned Deputy Director or Designee Date Rev 20181011 nfc Page 1 Applicant(s) Initials
UNLEASED COTTAGE SITE AUCTION APPLICATION TERMS AND CONDITIONS (Please read carefully before initialing below) All endowment assets of the State of Idaho must, per the state Constitution, be managed in such manner as will secure the maximum long term financial return to the trust beneficiaries. Endowment Land auction and purchase is subject to, including, but not limited to, the following Idaho Constitution and statutory references: 1. Idaho Constitution - Article IX, Sections 8 and 10. 2. Idaho Admissions Act - Section 5(a). 3. Idaho Code Title 58, Chapters 1 and 3, including, but not limited to, 58-133, 58-154, 58-301, 58-313, 58-313A and 58-314. Submission of this application does not guarantee that the application will be approved or that the Endowment Land will be sold at auction. The State Board of Land Commissioners (Land Board) or IDL Director may determine that a sale would not be in the best interest of the endowments at any point prior to close of escrow. TRANSACTION COSTS BORNE BY APPLICANT: 1. Appraisal Fee: One Thousand Dollars ($1,000) payable to First American Title Company shall be paid by Applicant at the time of submission of this application. If there is a successful bidder other than Applicant, the Appraisal Fee shall be paid by the successful bidder and the Appraisal Fee paid by Applicant shall be refunded to Applicant. 2. Title Commitment Deposit: Two Thousand Dollars ($2,000) for Payette Lake lakefront lots, or Eight Hundred Dollars ($800) for Payette Lake upland lots or Priest Lake lots, payable to First American Title Company, shall be paid by Applicant at the time of submission of the application. IDL must obtain a title commitment in order to verify the status of title to the endowment land to be sold at auction. The title commitment shall be provided by First American Title Company ( Title Company ). If Applicant is the successful bidder and acquires a title policy from the Title Company, then the Title Commitment Deposit shall be applied towards the cost of the premium for the title policy. If for any reason the auction of the subject Endowment Land is rejected and no auction occurs, or if Applicant is the successful bidder and fails to purchase a title policy from the title company, then a cancellation fee shall be calculated in an amount equal to one-half (½) of the amount of what the premium would have been for the title policy. If any party other than Applicant is the successful bidder, then the successful bidder shall pay the required Title Commitment Deposit, and the Appraisal Fee paid by Applicant, which amounts shall be refunded to Applicant. 3. Administration Fee: At the closing of the Purchase and Sale Agreement for the Endowment Land, the successful bidder shall pay an Administration Fee of six percent (6%) of the successful bid at public auction for the Endowment Land. 4. Closing and Escrow fees shall be paid half by the successful bidder and half by IDL in accordance with the Purchase and Sale Agreement. TERMS UPON SUBMISSION OF APPLICATION: Once an Unleased Cottage Site Auction Application is submitted, IDL will review the application and attachments for completeness. Incomplete applications will be returned to Applicant. Applicants will be notified of completeness in writing. If an Applicant does not receive a notification of completeness within thirty (30) days, the application shall be deemed denied. Upon IDL s acceptance of a complete application, IDL will contract for an appraisal to be conducted. The appraiser shall determine market value for the Endowment Land pursuant to IDL s written appraisal instructions. IDL reserves the right to deny any application for any reason. Rev 20181011 nfc Page 2 Applicant(s) Initials
ENDOWMENT LAND REQUESTED FOR AUCTION: Site Address: <<CS Address>> Legal Description: <<Title Commitment Legal Description>> Drainfield Information: << Subdivision>> << Drainfield Lot>> <<Drainfield Block>> IF SUCCESSFUL BIDDER, PROPERTY TO BE VESTED AS FOLLOWS*:, AS (Clearly Print full legal name(s)) (Indicate vested as description examples: husband and wife, single man/woman, unmarried man/woman) *Property vesting is not final until closing and can be changed at a later date. Rev 20181011 nfc Page 3 Applicant(s) Initials
STATE SUBDIVISION VICINITY MAP Rev 20181011 nfc Page 4 Applicant(s) Initials
Overlay Map the overlay map is a combination of the Recorded State Subdivision Plat with 2011 Inventory Survey information shown Rev 20181011 nfc Page 5 Applicant(s) Initials
STATEMENT OF NON-COLLUSION (Applicant) The undersigned, as applicant for the auction of state lands to be offered for sale at public auction by the Idaho Department of Lands ( IDL ), hereby attests that the undersigned has not and shall not, nor has or shall anyone to the undersigned s knowledge on the undersigned s behalf, ever intimidate, hinder, prevent or attempt to intimidate, hinder or prevent, any person from: 1) filing an application to lease or to purchase any state lands or to enter any bid for the lease or purchase thereof; or, 2) attending or submitting any bid at any public auction held to lease or purchase any state lands, or any portion thereof. The undersigned has not and shall not offer, on the undersigned s own behalf or on behalf of any other person, firm, partnership or corporation, to accept, nor has nor shall the undersigned accept compensation of any type in exchange for the withdrawal of a bid; or for the withdrawal of an application to bid, lease, or purchase, any state-owned lands or timber, minerals, or other interest; or for foregoing a right to bid at any auction for the sale or lease of any state lands. The undersigned has not and shall not pay or offer to pay, on the undersigned s own behalf or on behalf of any other person, firm, partnership or corporation, compensation of any type in exchange for the withdrawal of a bid; or for the withdrawal of an application to bid, lease or purchase any state-owned lands or timber, minerals, or other interest; or to cause or attempt to cause another person, firm, partnership or corporation to forego a right to bid at any auction for the sale or lease of any state lands. The undersigned has not and shall not engage in any of the above-stated behaviors or activities over the course of this auction process or through the completion or closing of any disposal of state lands. The undersigned understands that a false statement by the undersigned in this statement or in any application to lease or bid on any auction to lease or purchase any state lands shall constitute a breach of any lease which the undersigned may have for any state lands as well as a breach of any purchase or acquisition of state lands that the undersigned has acquired or may acquire; and the undersigned understands that any false statement shall constitute a breach of any such lease subject to the immediate termination of any such lease of state lands; and, that any such breach may result in the nullification of any state lands purchased or acquired by the undersigned. The undersigned further understands that a false statement by the undersigned in this statement or in any application to lease or bid on any lease or purchase of any state lands may result in the undersigned s guilt of an offense against the State of Idaho in accordance with Idaho Code 58-154, and is punishable by a fine of not less than One Hundred Dollars ($100), or by a fine not exceeding One Thousand Dollars ($1,000), or by imprisonment in the County jail for not less than three (3) months nor more than one (1) year, or by imprisonment in the state penitentiary for a period not exceeding three (3) years. The undersigned further understands that a false oath shall constitute the crime of perjury against the State of Idaho in accordance with Idaho Code 18-5409, which is punishable by imprisonment in the state penitentiary for not less than one (1) or more than fourteen (14) years. Date: Date: APPLICANT: (Print Name) (Print Name) Subscribed and sworn to before me on the above date, a notary in and for the State of Idaho. (seal) Notary for State of Idaho Residing at: My Commission Expires: Statement of Non-Collusion Rev 20161108 Applicant(s) Initials
CONTACT INFORMATION Idaho Department of Lands Sid Anderson, 2019 Priest Lake ULA Point of Contact Email: asanderson@idl.idaho.gov Phone: 208.334.0279 Neil Crescenti, 2019 Priest Lake ULA Point of Contact Email: ncrescenti@idl.idaho.gov Phone: 208.334.0215 Robert Follett, Deputy Attorney General Email: robert.follett@ag.idaho.gov Phone: 208.334.4106 Corbett Bottles Real Estate Marketing Brian Rallens, Agent Email: brallens@markbottles.com Phone: 208.947.1077 First American Title Company Jeannie Blankenship, Senior Title Officer Email: jblankenship@gofirstam.com Phone: 208.265.6833 Return completed Application (Originals), and Fees to: 83646 Attn: Tami DeJournett-Albert First American Title Company 3540 E Longwing Ln #230, Meridian, ID Statement of Non-Collusion Rev 20161108 Applicant(s) Initials