From Deseret News archives:
LDS soon to buy Devereaux House
Tonight's RDA action may clear way; church owns the land already
The Church of Jesus Christ of Latter-day Saints purchased a large portion of the Triad Center last year with plans to open an extension of Brigham Young University there along with relocating the LDS Business College, now housed at 400 East and South Temple. The state has received an offer from the church to purchase the mansion.
Salt Lake City's RDA has an interest in the property because it helped facilitate reconstruction of the mansion after a fire nearly destroyed it in 1979, shortly after it was purchased by the state Legislature. To clear the title exceptions and facilitate the sale, RDA board members are expected to adopt a resolution "approving the termination of the lease/lease-back agreement" between the state and the RDA, "terminating the agency's interest in a sublease, maintenance and management agreement" between the RDA, the state and Devereaux Partners Ltd.
The item is listed on the RDA's formal agenda for tonight's meeting at the Salt Lake City-County Building.
Because the transaction has yet to be completed, the sale price has not been disclosed, according to F. Keith Stepan, director of the state Division of Facilities Construction and Management.
Stepan said no other buyers have been considered for the property because the church has the option to continue leasing the property for another 50-plus years. "That's why you can't take any options. We have no ability to sell it because it's under lease. What's actually taking place is an offer to transfer the title completely to them."
He said past mansion overseers have had difficulty trying to keep it leased, and it has often been vacant. "The configuration of the house doesn't make it usable for a lot of things. The only restrictions we've placed on it are that the architectural character of the historic place has to stay the same."
On March 1, 1971, the Devereaux House was listed on the National Register of Historic Places, meaning modifications and usage are also subject to restrictions.
Comments
- Getting serious about seat belts 1:15 a.m.
- Witness describes '99 killing 1:15 a.m.
- Police increase presence at Skyline 1:14 a.m.
- Cougars cruise past Southern 1:03 a.m.
- Utes fall to Seattle U. at home 1:01 a.m.
- Utah celebrates Real Salt Lake Day 12:59 a.m.
- Y. focused on 10-win season 12:54 a.m.
- Thunder rolls by Jazz 12:49 a.m.
- Sloan remembers Abe Pollin 12:47 a.m.
- 'Cats get past pesky D-II foe 12:33 a.m.
- Utah, BYU are top choices for bowls
- BYU would like friendlier rivalry
- Protests against Phoenix LDS temple
- KSL: Prostitution in Utah County
- Best prep football games of 2009
- Man trapped in own body for 23 yrs
- Kirilenko climbing blocks list
- Witness describes '99 killing
- Boys basketball rankings
- 'Dancing' will fill out finale
- BYU would like friendlier rivalry
229 - Glenn Beck to enter politics?
224 - RSL wins MLS Cup on penalty kicks
202 - Protests against Phoenix LDS temple
189 - Bronco, Kyle rubber match
137 - BYU records with win
133 - Letters: Rushing to judge Palin
122 - Hall, Johnson matchup key
102 - Jazz finally win in San Antonio
99 - 4A: Timpview wins 4th in 4 years
93
needs to get a dunk!
First of all, the Thunder aren't known for being a great outside shooting...
And if BYU didn't lose any games, they could have been in the BCS. And if...
OKC = 16 Jazz = 24. Boozer and Millsap had 10 and Okur had 2. That is...
to To KF 9:35 PM My 42% increase may seem insignificant, but I have a...
Nice........
This is so weird. You see how stacked it is to include Nebraska,simply...
Mike, don't take it so personal. We know you are a Utah homer, but let's get...
I am a Seneca Indian from Western NY and find the meso America theory hard to...
If the chances are slim to none, why is this even news?? Trust the D.N. to...




You can be the first to comment on this story.