HomeMy WebLinkAboutResolution 137-2011Resolution No. 137 -1
Resolution of Intent 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 LNJ Farms & Ranch for a period of two years,
commencing on January 1, 2012 and ending December 31, 2013 and pertaining to the following
described property:
The designated hayland, 60 acres more or Tess, in Section 21-TI I ON, R50W, in the City
of Brookings, Brookings County, South Dakota.
The Lease will be an amount of Seventy -five Dollars ($75.00) per acre for the hayland, 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 the acreage 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 November 22,
2011 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' day of November 201 I.
Shaer 'ornes, City Clerk
CITY OF BROOKINGS
Tim Reed, Mayor