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HomeMy WebLinkAboutResolution 124-2011Resolution No. 124 -1 1 Resolution of Intent to Lease Real Property (Airport hayland) 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 South Dakota Ag Station for a period of one (1) year, commencing on January 1, 2012 and ending December 31, 2012 and pertaining to the following described property: The designated hayland on the Brookings Regional Airport, one hundred sixty -seven (167) acres more or less in Sections 26, 27, and 35, T1 I ON, R5OW, in the City of Brookings, Brookings County, South Dakota. The Lease will be an amount of Forty Dollars ($40.00) per acre for the hayland, payable first half on April I and the remaining half on November 1. The City of Brookings may terminate this Lease at any time in the event a parcel of the above described property is to be adjusted by the City of Brookings. If a portion of the hayland is changed, 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 October 25, 201 1 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 25th day of October 201 1. Shari Thornes, City Clerk CITY OF BROOKINGS e.d Tim Reed, Mayor Brookings Regional Airport Hay Land 10 -18 -2011 hay fence S:11City Engrs\Airport\Airport Maps \2011 Hay 8 Crop Land.dwg