HomeMy WebLinkAboutResolution 35-1994� . �
RESOLUTIOH NO. 35-94
RESOLUTIOH OF IHTEHT TO LEASE REAL PROPERTY TO PRIVATE PERSON
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 VOSTAD for a period of three (3) years, with a two (2)
year option to renew, commencing April 1, 1994 and ending December 31,
1999, and pertaining to the following described property:
The designated farmland on the Brookings Landfill, East 1/2 of
Section 8, Aurora Township, Brookings County, South Dakota.
The Lease will be an amount of Forty One Dollars and Twenty-Six
Cents per tillable acre (�41. 26), and Eleven Dollars and Thirty-One
Cente (511. 31 ) first year and Sixteen Dollare and Twenty-Six Cents
($16. 26) annually per future hayland acre payable first third on April
lst, second third on September lst, and the final third on December
lst, of each year. Either party may give a sixty (60) day notice
prior to the termination of the Lease to terminate said Lease
Agreement, and the City for Brookings may terminate this lease with
ninety (90> day notice in the event a parcel of the above described
property is to be sold by the City of Brookings.
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 WEHDELL TELKAMP for a period of three (3l years With a two (2)
year option to renew, commencing April 1, 1994 and ending December 31,
1999, and pertaining to the following described property.
The designated farmland on the Brookings Landfill, East 1/2 of
Section 8, Aurora Township, Brookings County, South Dakota.
The Lease will be in the amount of Thirty-Two Dollars and
Twenty-Five Cents (832. 25) per tillable acre, Twenty-Seven Dollars and
Seventy-Five Cents (527. 75) per pasture acre payable firet third on
April ist, second third on September ist, and final third on December
lst, of each year. Either party may give a sixty (60) day notice prior
to the termination of the Lease to terminate said Lease Agreement, and
the City of Brookings may terminate this lease with ninety (90) day
notice in the event a parcel of the above described property is to be
sold by the City of Brookings.
BE IT FURTHER RESOLVED that a Public Hearing on this Resolution
shall be held on March 29, 1994 at 2:00 o'clock P. M. at the City
Commission Chambers and that the City Finance Officer is directed to
publish Hotice of said Public Hearing.
assed and approved this 5th ay r h, 1 94.
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HOTICE OF PUBLIC HEARIHG ON ADOPTION OF RESOLUTIONI OF INTEHT
TO LEASE REAL PROPERTY TO PRIVATE PERSOH
NOTICE IS HEREBY GIVEH that on March 29, 1994 at 2:00 o'clock
P. M. the Brookings City Commission will hold a public hearing at the
City Commission Chambere on the Resolution of Intent of the City of
Brookings to lease to Wendell Telkamp and David Vostad the folloring
described property:
The designated farmland on the Brookings Landfill, East 1/2 of
Section 8, Aurora Township, Brookings County, South Dakota.
At the time and place affixed for said public hearing, all who
appear will be given an opportunity to express their views for or
against the proposal to lease the above described property to DAVID
VOSTAD AHD WEHDALL TELKAMP.
Dated this 15th day of March, 1994.
IHGS
City Finance Offi
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FARMLAND BIDS FOR
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1'ILLIIBL� L11NU
FIELll # 1
35 .UU -7. 25 U,00 41 . 26
FIELll # 2
35. 00 7, 25 O .OU 41 . 2
FIPLll # 3
10.00 2. 25 0.00 1U. 00
�s�rvRE �
PASTURE # 1
7. 75 20,00
P1ISTURE # 2
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EXISTING H1IYLAND
FUTURE HAY LAND 11 . 3�
16. 2
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