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HomeMy WebLinkAboutResolution 16-031 Resolution 16-031 Resolution of Intent to Lease Real Property to Private Person in Wiese and Freeland Additions Be It Resolved by the governing body of the City of Brookings, South Dakota, that the City of Brookings intends to enter into a lease with David Rochel, commencing on March 22nd, 2016 and ending December 31, 2016, with the option to renew for one additional year, and pertaining to the following described property: The designated farmland of thirty (30) acres more or less in the Brookings Wiese Addition, in Section 19, T110N, R49W, and the designated farmland of thirty-six (36) acres more or less in the Brookings Freeland Addition, in Section 18, T110N, R49W in the City of Brookings, Brookings County, South Dakota. The Lease will be an amount of Two Hundred Thirty Six Dollars and Fifty-two Cents ($236.52) per acre for farmland annually, payable first half on April 1 and the remaining half on November 1. The City of Brookings may terminate this Lease at any time in the event a arcel of the above described property is to be sold by the City of Brookings. If p a portion of the leased land is sold, the number of acres to be paid for will be adjusted at the unit price per acre. Be It Further Noted, that a Public Hearing on this Resolution was held on March 22, 2016 at 6:00 o'clock P.M. at the City Council Chambers and that all persons were given an opportunity to be heard on the intent to lease real property. Passed and approved this 22"d day of March, 2016. CITY OF BROOKINGS �-- YC"�v� Tim Reed, Mayor •�`ATTEST: ' � �� +� . , , j��� Shari � hornes, City CI rk .,.,: , � �� � �, - � . , _ �,� .�� �� � � � • � - � . , a ° •e � - • s F - � _ . . ,.����'�`���W , �� .� �- j�' � `V�� ` '�'��-. . . ,,� .. _ .. x v.^r"�' �, ���. ���� s'�,� • �'� . ».. _ . ....,� , �s . .��' b. '�..r asc. ,.E��. .,,�,.. . n_a �, � .. , �r ,�. _ ,� . ,�.�.�P`* "" -. �1`,,.�.:..,„. ,.1�- ... 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