Item 4BItem 4B Approve a lease agreement for grazing on approximately 4.5 acres of undeveloped City park property
Timeline Information
City-owned Undeveloped Property
Proposed Grazing Lease Agreement
Approximately 4.5 acres of undeveloped land along eastern boundary of City (Lonesome Dove and Foxfire)
Mix of pasture / low level vegetation
Cost effective method of maintenance
- No Staff time required
No impact on equipment or supplies
Estimated cost saving of $2,000 annually
Proposed Grazing Lease Agreement
Proposed lease with Tommy Keeton is for July 31, 2010 – July 31, 2012
Previously leased for grazing to William and Peggy Ihnfeldt (2008-10) and to Gary and Laurette Yates (2006-08)
Two-year lease with opportunity to terminate with sixty days written notice
Tenants accept the property in existing condition
Lease agreement based on previous documents and has been reviewed by City Attorney
Parks Board will consider approval of the lease agreement at their June 14, 2010 meeting
Questions?