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Resolution 22-098

Resolution of Intent to Lease Real Property to MC Hay for Crop Land

 in Wiese Addition, Section 19-T110N-R49W (32^nd Avenue & Capital Street)

Be It Resolved by the City Council of the City of Brookings, South Dakota, that the City of Brookings intends to enter into a Lease with MC Hay for a period of one (1) year, commencing January 1, 2023 and ending December 31, 2023, with Mc Hay having the option to renew this Lease for two additional one-year terms for 2024 and 2025.  This lease pertains to the following described property:

The designated crop land, consisting of Thirty (30) acres more or less, in Wiese Addition, Section 19-T110N-R49W, in the City of Brookings, Brookings County, South Dakota.

The Lessee will pay the City Two Hundred Seventy-Five Dollars ($275.00) per acre for the crop land ($8,250.00) with the first half payable on April 1^st of each year and the second half payable on November 1^st of each year.

A Public Hearing on this Resolution was held on December 20, 2023 at 6:00 o’clock P.M. in the Chambers of the City & County Government Center and all persons were given an opportunity to be heard on this Resolution of 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:

1. The City of Brookings enter into a Lease Agreement with MC Hay as set forth above; and
2. That the City Manager is authorized to execute the Lease Agreement in accordance with this Resolution.

Passed and approved this 20^th day of December, 2022.

                                                                                    CITY OF BROOKINGS, SD

                                                                                    ________________________________

                                                                                    Oepke G. Niemeyer, Mayor

ATTEST:

_________________________

Bonnie Foster, City Clerk