HomeMy WebLinkAboutResolution 108-2010 RESOLUTION NO. 108-10
RESOLUTION OF INTENT TO LEASE REAL PROPERTY
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 (I)
year, commencing on January I, 201 I and ending December 31, 2011 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, R50W, 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 December 14, 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 146 day of December 2010.
CITY OF BROOKINGS
A!/'
Tim Reed, Mayor
__oo:... T:
• °��ti
n% y
w liV,(1 Th
ari Thornes, City Clerk