HomeMy WebLinkAboutBrad Feckers - Hay Lease 2025 thru 2027 - 11.18.24City of Waterloo, Iowa dba Waterloo Regional Airport and Brad Feckers for a
Ground Lease Agreement to Conduct Farming Operations
This Agreement to the Farm / Agriculture Agreement (the "Agreement") is entered into as of
December 1, 2024, by and between the City of Waterloo, Iowa, dba Waterloo Regional Airport at
2790 Livingston Lane, Waterloo, Iowa 50703 ("Landlord"), and Brad Feckers at 32228 290th St,
Shell Rock, Iowa 50670, hereinafter referred to as ("Tenant").
RECITALS
A. Landlord and Tenant entered into a Three (3) year Agriculture Agreement effective December
1, 2024, and expiring on December 31, 2027, providing for the Hay Baling of approximately
200 acres of City of Waterloo acreage for the conduct of farming operations on said
properties described therein (the "Farm Lease").
AGREEMENT
NOW, THEREFORE, in consideration of the mutual promises exchanged herein, the parties
agree as follows:
1. Term and the Amount of the Lease is agreed to as follows:
For the term of this agreement the rental price per bale shall be forty-one dollars ($41.00)
per bale (1600 Ib.), per year. The City reserves the right to modify the farmed area prior
to planting season.
2. Except as set forth above, the Farm Agreement is agreed to, and the provisions of the
Agreement shall continue in full force and effect.
Capitalized terms used in this Lease Amendment that are not defined herein shall have the
meanings ascribed to them in the Farm Agriculture Lease / RFP.
This agreement is binding on the parties and their respective heirs, personal representatives,
successors and assigns.
3. Tenant shall follow all required Local, State and Federal laws while conducting business
on the leased areas.
4. Tenant shall hold harmless the Landlord to the maximum extent allowable by law.
IN WITNESS WHEREOF, the parties have executed this lease for farming operations of
approximately 200 acres of City/Airport property, as of the date set forth above.
TENANT
Brad Feckers
By= !/
Brad Feckers
LANDLORD
City of Waterloo, Iowa / Waterloo Region
Airport
6--(ei2er 9yer9a/ard
By:
Steven Kjergaard
Airport Director