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HomeMy WebLinkAboutBar Lee Farms Ltd-4/19/2010FAX NO. : Apr. 11 2010 11:33AM P1 APR. 9.2010 5:11PM WATERLOO BLD INSP 319-291-4262 NO,9195 P. 2 (,o rl [ br of iC�rnQ� jvG CITY OF WATERLOO, IOWA LEASE AGREEMENT t C e- GACe for CITY -OWNED PROPERTY This Agreement made and entered Into this day of , 2010, by end between the City of Waterloo, Iowa (hereinafter referred to as'Clty°), and (hereinafter referred to aa 'Lessee"). 1.The City agrees to allow the Lessee to use and occupy City property generally footed at the northwest corner of West Shaulis Road and Ansborough Avenue, and legally described in Exhibit "A' attached here to and made a part here of by this reference. 2.The City agrees to allow the Lessee to use and occupy the aforementioned City property for a term commencing on the day of , 2010, and terminating on the 311' day of December, 2010, The Lessee agrees to pay the City 5251.25 (575.00 per acre) per year for use of the said 3.36 acre City owned property during said term, 3.The City may terminate this agreement upon thirty (30) days' written notice if the City needs the use of said City property for its own purposes.. As the applicant is using the lard for crop production, the City would need to reimburse the lessee for any crops in production at the time of termination. Lessee may terminate this Agreement upon thirty (30) days' written notice to the Waterloo Community, Planning, and Development Department. The full amount of the payment is due, and no annual amount would be refunded If termination were to occur within the lease period. a. In consideration of the extension of this Agreement to the Lessee, Lessee hereby agrees to indemnify and hold the City harmless for any and all lability, claims, actions, causes or action, and/or damages which may arise or allegedly arise out of Lee's use of the aforementioned City property, either to the City'a property, or to any other person who may claim injury by and/or through, as a result of the alleged activity on City's property as aforesaid_ lessee further agrees to indemnify and hold the City harmless for any and all damages or injury, which may occur to Lessee's livestock as a result of the alleged activity on City's property as aforesaid. Lessee further aggress to indemnify and hold the City harmless for any and all damages or injury which may occur to Lessee's livestock as a result or consequence of the use of the City property. 5.This agreement contains the entire Agreement between the pasties. None of the covenants, provision, terms or conditions of this Agreement will be in any manner modified, waived, or abandoned, except by written Instrument duly signed by both parties and delivered to the City and the Lessee. This occupancy agreement and the terms and conditions herein apply and are binding on the legal representative, and successors and assigns of both partiee. EXECUTED THIS DAY OF , 2010 CITY OF WATERLOO LESSEE r APPROVED BY: BY: C✓ ..:%/ Ernest G. Clark, Mayor Lee Mil to,,LEe- rarms I.'" ATTEST: Suzy Scbares, City Clerk Exhibit "A", Legal Description Lee Miller Farm Lease — West Shaulis Road and Ansborough Avenue UNPLATTED WLOO WEST A PLOT 466 FT SQUARE INCLUSIVE OF HWYS IN SE COR SE SEC 8 T 88 R 13, EXCLUDING THE SOUTH 97 FT saJOV 9 - eseei WJeZ JeInw eel - pue1 pauMQ40 Mayor BUCK CLARK COUNCIL MEMBERS DAVID JONES iVard 1 CAROLYN COLE Ward 2 HAROLD GETTY ii and 3 QUENTI3. M. HART l{'ard 4 RON WELPER Ward 5 BOB GREENWOOD At -Large STEVE SCHMITT .At -Large CETY TERI. GI, COMMUNITY PLANNING AND DEVELOPMENT 715 Mulberry Street • Waterloo, 1A 50703 • (319) 291-4366 Fax (319) 291-4262 NOEL C. ANDERSON, Community Planning & Development Director CITY OF WATERLOO Council Communication City Council Meeting: April 19, 2010 Prepared: April 13. 2010 Dept. Head Signature: Noel An erson-- # of Attachments: 3 SUBJECT: 3.35 acre Farm Lease @ $75.00 per acre with a yearly rental amount of $251.25 - Northwest corner of Ansborough Avenue and West Shaulis Road, Bar Lee Farms Ltd. (Lee Miller). Submitted by: Noel Anderson, Community Planning and Development Director Recommended City Council Action: Approval Siimmary Statement Transmitted herewith is the request that the City of Waterloo approve a lease agreement with Bar Lee Farms, Ltd. to farm approximately 3.35 acres of land (see attached legal description and map) on farm ground near the northwest corner of Ansborough Avenue and West Shaulis Road, 1 -mile south of Highway 20. Bar Lee Farms, Ltd. agrees to pay the City $75.00 per acre for the use of the said land, which equates to $251.25 per year, with the term beginning upon City Council approval and ending on December 31a`, 2010. The portion of ground in question has never been leased out and farmed in the past, and currently it is a grass pasture. Lee Miller, the representative of Bar Lee Farms, Ltd. has noted that they would have to apply herbicide to the field to kill off the grass and till the ground in order to begin making the ground suitable for farming purposes. Mr. Miller also noted that the site has no tiling system and currently suffers from poor drainage. Due to this piece of ground never being farmed in the recent past, it is very typical that newly farmed ground generally produces much lower return yields than average. It is anticipated that once this ground is farmed enough and further matures, return yields will be much more higher, thus giving the City the ability to negotiate different rental prices in the future. This particular area has very suitable farm ground, however, needed nutrients need to be added to the soil to make this piece of ground a good producer, which can take several years. The City believes the rental amount is a fair asking price based on the fact that this piece of ground has not been farmed in the recent past, and it is anticipated that there is going to be low crop yields on this land initially. Expenditure Required. None. CITY WEBSITE: www.cityofwaterlooiowa.com WE'RE WORKING FOR YOU! An Equal Opportunity/Affirmative Action Employer Source of Funds: N/A Policy Issue: Alternative: Background Information: The City of Waterloo obtained this ground in question from the Waterloo Water Works in 1991. Currently, there is no need for this ground to serve any municipal purpose at this time, and it would appear that use of the land for farming purposes would not inhibit the ground to be used for any City purposes in the future. Co Aric Schroeder, City Planner -File- RESOLUTION NO. 2010-287 RESOLUTION APPROVING LEASE AGREEMENT WITH BAR LEE FARMS LTD. AND DIRECTING EXECUTION OF SAID AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Lease Agreement dated April 19, 2010, at a cost of $75.00 per acre for a total of $251.25, to farm approximately 3.35 acres of city -owned land generally located at the northwest corner of Ansborough Avenue and West Shaulis Road, from April 19, 2010 to December 31, 2010, by and between Bar Lee Farms Ltd. of Waterloo, Iowa and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor and City Clerk authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 19th day of April, 2010. Ernest G. Clark, Mayor ATTEST: Suzy S h es, CMC City Clerk