TLA requests Development proposals for the property known as the Leeds block. Trust Lands Administration’s contribution to a development lease will be the subject lands. Development Partner expected to share proformas, profit sharing, anticipated construction costs, anticipated sales prices, percentage splits, anticipated absorption rates, etc. Development Partner can propose either lot creation and vertical home building packages, or bulk wholesale lot sales to select builders. Minimum returns to the Trust must be guaranteed. The Trust does not subordinate; under no circumstance will the Trust authorize loans or liens on or against its lands. LOCATION: Silver Creek Estates is located on the far north end of the Leeds municipal boundary, on the west or north side of I-15. It is situated right below the popular Oak Grove Road that provides access to miles and miles of National Forest lands. Remnants of the historic Christy Mill site are also partially on the subject property, located within some of the Open Space on the preliminary plat.
