TRANSMITTAL LETTER FOR BOARD MEETING OF JANUARY 19, 2012
COMMITTEE ON MAINTENANCE AND OPERATIONS
Mr. David St. Pierre, Executive Director
Title
Authority to issue a one-year lease to co-lessees Hummel Plastering, Inc., and Mr. John Gorsuch to farm tract 5, located in Fulton County, Illinois
Body
Dear Sir:
At the Board Meeting of October 20, 2011, the Board of Commissioners authorized and approved the extension of leases of District lands in Fulton County for agricultural purposes pursuant to 07-RFP-27, Farm Management Support Services. Mr. Randy Phelps, the tenant leasing approximately 715.08 acres, c/k/a farm tract 5, elected not to extend his lease. Farm tract 5 is now therefore vacant, not needed for corporate purposes and is available for lease. Hummel Plastering, Inc., and Mr. John Gorsuch have requested to lease farm tract 5 as co-lessees for the next year.
The new lease terms, including the rent of $266.00 per acre, were negotiated by the District’s private farm manager, Heartland Bank and Trust Company (Heartland).
It is requested that the Executive Director recommend to the Board of Commissioners that it authorize and approve the issuance of a one-year lease to Hummel Plastering, Inc., and Mr. John Gorsuch as co-lessees to farm tract 5.
It is further requested that the Executive Director recommend to the Board of Commissioners that it authorize the Chairman of the Committee on Finance and the Clerk of the District to execute the lease agreement after same is approved by the General Counsel as to form and legality.
Requested, Manju Prakash Sharma, Director of Maintenance and Operations, MPS:SES:SOC:MAG:JK
Recommended by, David St. Pierre, Executive Director
Respectfully Submitted, Frank Avila, Chairman Committee on Maintenance and Operations
Disposition of this agenda item will be documented in the official Regular Board Meeting Minutes of the Board of Commissioners for January 19, 2012