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HomeMy WebLinkAbout2016-04-18-J01I Copeland Farm Lease AGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: April 18, 2016 AGENDA ITEM: Consideration of approval of a resolution approving farm lease with J. Harry Copeland FORMAT: Consent Agenda SYNOPSIS INCLUDING PRO & CON: Bids were received on 02/18/2016 at 2:00 p.m. for the 200 acre Copeland Recreation and Sports Complex parcel. The previous owner has the option to match the high bid and has exercised that option. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: $273.00 per acre/ $54,600.00 total COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the resolution. ATTACHMENTS: I. Proposed Resolution II. Farm Lease III. Bid Tabulation PREPARED BY: Becky Schuett REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: THE CITY OF WAUKEE, IOWA RESOLUTION 16- A RESOLUTION APPROVING FARM LEASE WITH J. HARRY COPELAND IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA WHEREAS, City Staff received offers to lease city owned property for farming purposes; AND, WHEREAS, the subject property is property acquired for development of the Copeland Recreation and Sports Complex which is not ready for development at this time and would likely overgrow if not farmed; AND, WHEREAS, pursuant to the terms of the purchase agreement for said property the Copeland Trusts reserved a right of first refusal to farm lease the property pursuant to the same terms as any offer received by the city for said lease, and the trusts exercised the same; AND, WHEREAS, the City Council believes that it is in the best interest of the City to lease the property for fair market value which will, in addition to providing rental income to the City, assure the property’s use and mitigate maintenance expense to the City; AND, WHEREAS, the terms of the lease with J. Harry Copeland are more particularly set forth in the lease attached as Exhibit A. NOW THEREFORE BE IT RESOLVED that the Farm Lease attached as Exhibit A should be and the same is hereby approved. The Mayor is hereby authorized to sign the lease on behalf of the City. Passed by the City Council of the City of Waukee, Iowa, and approved this the 18th day of April, 2016. ____________________________ William F. Peard, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk ROLL CALL VOTE AYE NAY ABSENT ABSTAIN Shane Blanchard Brian Harrison Shelly Hughes Larry R. Lyon Rick Peterson C:\Users\becky\Desktop\2016 Farm Lease - Bid Tabulation.doc BID TABULATION 2016 200 Acre Farm Lease Bids opened: Thursday, February 18, 2016 2:00 p.m. Waukee City Hall Present for bid opening: Matt Jermier, Parks and Recreation Director Becky Schuett, City Clerk Total Price Bids Received: 1) Tony Friedrichsen $273.00/acre Perry, IA $54,600.00 total 2) 3) 4)