AGENCY: Division of Facilities Construction and Management

SERIES: 24085
TITLE: Thrift property records
DATES: 1997-2002.
ARRANGEMENT: Numerical by case number.

DESCRIPTION: The Department of Facilities and Construction Management (DFCM) is responsible for selling certain real property assets that had been held by financial institutions. DFCM sold the properties and delivered funds to the General Fund of the State of Utah. These files contain the details of each property, the history of each property, the negotiations surrounding each property and sale of each property. These records document the State's role in the Thrift's Settlement Financing. Some files contain operation and maintenance costs of each property while held by the State of Utah. Other information includes real estate deeds, title reports, closing statements, property tax notices, purchase offers and additional data related to foreclosure on each property, addresses, previous owners and Thrift Property.

RETENTION

Retain for 16 year(s)

DISPOSITION

Destroy.

RETENTION AND DISPOSITION AUTHORIZATION

Retention and disposition for this series were specifically approved by the State Records Committee.

APPROVED: 05/2003

FORMAT MANAGEMENT

Paper: Retain in State Records Center for 16 years and then destroy.

APPRAISAL

Administrative Fiscal Legal

PRIMARY DESIGNATION

Public

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