ADVERTISEMENT FOR FARM LEASE BIDS
Notice is hereby given that sealed bids will be received by the City Council of the City of Farmington, Dakota County, Minnesota, at the office of the Parks and Recreation Director, City Hall, 430 Third Street, Farmington, Minnesota, 55024 until 1:00 p.m. on the 7th day of February, 2014 and will be opened at said time and place, said proposals to be for the renting of 31.5 acres of agriculture land for farming purposes from approximately April 1, 2014 until March 31, 2019 in accordance with the terms specified in the City of Farmingtons Farm Lease Agreement.
No bids will be considered unless sealed. All sealed bids should be submitted as a rental price per acre and must be submitted on the Citys Farm Lease Bid Submittal Form, which is part of the Farm Lease Agreement.
The City Council of Farmington reserves the right to retain the three highest bids for a period not to exceed thirty (30) days after the date and time set for the opening of the bids.
Payment for the lease of the land shall be either by cash or cashiers check.
Interested parties desiring a copy of the Farm Lease Agreement may obtain it from the City of Farmingtons website located at www.ci.farmington.mn.us or from City Hall located at 430 3rd Street, Farmington, Minnesota, 55024.
The City Council reserves the right to reject any and all bids, waive irregularities and informalities therein, dictate the terms of a written Farm Lease Agreement, negotiate modifications of such agreement with any person whose bid is accepted, and to award the lease in the best interest of the City. The City further reserves the right to lease the property to a bidder offering less than the highest price, and will evaluate proposals based on factors in addition to anticipated lease revenues.