City of Madison - File #: 01494

• File #: 01494
• Version: 2
• Name: Authorizing the Mayor and City Clerk to execute a lease with Jerry Leister for five tracts of City-owned land comprising approximately 35 acres.
• Type: Resolution
• Status: Passed
• File created: 6/15/2005
• In control: BOARD OF PARK COMMISSIONERS
• On agenda: 8/2/2005
• Final action: 8/2/2005
• Enactment date: 8/4/2005
• Enactment #: RES-05-00673
• Title: SUBSTITUTE - Authorizing the Mayor and City Clerk to execute a lease with Jerry Leister for five tracts of City-owned land comprising approximately 35 acres.
• Sponsors: Judy Compton

Date	Ver.	Action By	Action	Result
8/2/2005	2	COMMON COUNCIL	Adopt	Pass
7/20/2005	2	BOARD OF PUBLIC WORKS	Return to Lead with the Recommendation for Approval	Pass
7/18/2005	1	PLAN COMMISSION	Return to Lead with the Recommendation for Approval	Pass
7/13/2005	1	BOARD OF PARK COMMISSIONERS	RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER	Pass
7/12/2005	2	Community and Economic Development Unit	Fiscal Note Required / Approval
7/12/2005	2	Finance Dept/Approval Group	Approved Fiscal Note By The Comptroller's Office
6/21/2005	1	COMMON COUNCIL	Refer
6/21/2005	1	BOARD OF PARK COMMISSIONERS	Refer
6/21/2005	1	BOARD OF PARK COMMISSIONERS	Refer
6/15/2005	1	Community and Economic Development Unit	Fiscal Note Required / Approval
6/15/2005	1	Finance Dept/Approval Group	Approved Fiscal Note By The Comptroller's Office
6/15/2005	1	Community and Economic Development Unit	Referred for Introduction

Fiscal Note
Estimated income in the year 2005 of $5,212 3,846 will be deposited into Account No. GN01-78220.
Title
SUBSTITUTE - Authorizing the Mayor and City Clerk to execute a lease with Jerry Leister for five tracts of City-owned land comprising approximately 35 acres.
Body
WHEREAS, the City of Madison owns five (5) parcels of land located in the Southeast side of the City in the vicinity of County Trunk Highway AB and County Trunk Highway BB, which parcels were acquired for storm water drainage, future roadway and park purposes; and

WHEREAS, Jerry Leister is interested in farming certain portions of these parcels under a lease agreement with the City of Madison; and

WHEREAS, the terms of a lease have been negotiated between Jerry Leister, the Parks Division, the Engineering Division and the Real Estate Section.

NOW THEREFORE BE IT RESOLVED, that the Mayor and City Clerk are authorized to execute a lease for farming purposes ("Lease") with Jerry Leister (the "Lessee") allowing for the use of five (5) tracts of land, comprising approximately 35-acres, as described on attached Exhibit A and depicted on attached Exhibit B (individually, Area 1, Area 2, Area 3, Area 4 and Area 5;and collectively, the "Leased Premises"), subject to the following terms and conditions:

1. The term of the Lease shall commence as of January 1, 2005 and expire on December 31, 2005.

2. The Lease may be renewed for subsequent one-year terms upon the agreement of the parties as to the terms of the renewal.

3. The Lessee shall use Area 2, Area 3, Area 4 and Area 5 solely for the farming of crops. The Lessee's use of Area 1 shall be limited to the mowing of hay. The Lessee shall pay annual rent to the City in an amount to be calculated as follows:equal to $146.00 per tillable acre, Area 1: $30.00 per acre mowed; Area 2: $146.00 per tillable acre; Area 3: $80.00 per tillable acre; Area 4: $80.00 per tillable acre; Area 5: $146.00 per tillable acre. Rent shall be ...