Title
Public Hearing and Action on Resolution 22-098, a Resolution of Intent to Lease Real Property to MC Hay for Agricultural Crop Land in Section 19-T110N-R49W (32nd Avenue & Capital Street).
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Summary:
On November 18, 2022 staff published a bid solicitation for 30 acres of public land for agricultural crop land in Section 19-T110N-R49W (32nd Avenue & Capital Street). A bid letting was held at 1:30 pm on Tuesday, December 6, 2022, and the following bids were received:
MC Hay $275.00 per acre
Bauer Farms $236.67 per acre
Lyle Bothe $236.00 per acre
Joshua Berndt $231.00 per acre
Approval of the recommended actions are in compliance with the requirements of the South Dakota Codifed Laws § 9-12-5.2 and allow the City to enter into an agreement with MC Hay for the 2023 City Crop Land Lease in Section 19-T110N-R49W at $275.00 per acre. The term of the agreement will be for one year, with the option to renew for two additional, one-year terms, in 2024 and 2025. The lease agreement has been reviewed by the City Attorney as to legal form.
Recommendation
Recommendation:
1.) Adopt Resolution of Intent to Lease Real Property to MC Hay, and
2.) Award bid to MC Hay, highest bidder, and authorize City Manager to execute lease agreement.
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Attachments:
Memo
Resolution
Notice
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