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HomeMy WebLinkAboutResolution 25-004RESOLUTION 25-004 RESOLUTION OF INTENT TO LEASE REAL PROPERTY WHEREAS, the City of Brookings owns 18 acres of designated hay land in Section 11 - T1 09N-R50W, in the City of Brookings, Brookings County, South Dakota; and WHEREAS, the City of Brookings intends to award a lease agreement with Eric Werre for a period of 1 -year, commencing on January 28, 2025 and ending December 31, 2025, having the option to renew this Lease for 2 additional 1 -year terms in 2026 and 2027; and WHEREAS, the lessee will pay the City Sixty -Three dollars ($63.00) per acre for the hay land, totaling One Thousand One Hundred Thirty -Four Dollars ($1,134.00) annually, with the first half payable on July 1st of each year and the second half payable on November 1st of each year; and WHEREAS, a Public Hearing on this Resolution was held on January 28, 2025 at 6:00 p.m. in the Chambers at the Brookings City and County Government Center and all persons were given an opportunity to be heard on the intent to lease real property. NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of Brookings, South Dakota, as follows: A. The City of Brookings will enter into a lease agreement with Eric Werre as set forth above; and B. The City Manager or his designee is authorized to execute a new lease agreement in accordance with this Resolution. Passed and Approved this 28th of January, 2025. ATTEST: ter, City Clerk IN I W MA a M WO MR ,IMAM M . Niemeyer,