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HomeMy WebLinkAboutRes. 19-004Resolution 19-004 Resolution Of Intent To Lease Real Property to Lyle Johnson for Hay Lease at Brookings Airport 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 Lyle Johnson for a period of two (2) years, commencing on January 1, 2019 and ending December 31, 2020, with the option to renew for one additional year (2021) and pertaining to the following described property: The designated hayland on the Brookings Regional Airport, three hundred and fourteen (314) acres more or less in Sections 26, 27, and 35, T11 ON, R50W, in the City of Brookings, Brookings County, South Dakota. The Lease will be an amount of Seventy Eight Dollars ($78.00) per acre for the hayland, with the first half payable on July 1 and the remaining half on November 1 of each year. Be It Further Noted, that a Public Hearing on this Resolution was held on January 8, 2019 at 6:00 o'clock P.M. in the Chambers at the City & County Government Center and that all persons were given an opportunity to be heard on the intent to lease real property. Passed and approved this 8th day of January, 2019. C ITY OF BROOKIN GS Keith Corbett, Mayor ATTEST: Brookings Regional Airport -Hay Land Lease 2018-2019 Total Acres 31 4