HomeMy WebLinkAboutResolution 071-2010 Resolution No. 71-10
Resolution of Intent to Lease Real Property
Be it Resolved the governing body of the City of Brookings, South Dakota, that the City
of Brookings intends to enter into a Lease with Dan Luze for a period of three (3) years,
commencing on January I, 2011 and ending December 31, 2013 with a two year option to
renew pertaining to the following described property:
The designated farmland at the Brookings Landfill, one hundred six (106) acres more or
less of crop land in the NE 1/4, Section 8, T I ION, R49W, and eighteen (18) designated
hay/pasture land acres more or less in NE 1/4, Section 8, TI ION, R49W in Brookings County,
South Dakota.
The Lease will be an amount of One Hundred One Dollars and Ten Cents ($101.10)
per acre, for one hundred six (106) acres of crop land annually, and Thirty Five Dollars ($35.00)
per acre, for eighteen (18) acres of pasture/hay land, payable in full on April 1. If a portion of
the leased land is used for Solid Waste activities, 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 July 27, 2010
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 27th day of July, 2010.
CITY OF BROOKINGS
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— ,C'?Y°F Tim Reed, Mayor
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hari Thornes, City Clerk