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Fergus Falls Port Authority approves one-year farmland lease renewal
Summary
The Fergus Falls Port Authority voted to renew its year-to-year farmland lease with the current tenant, keeping the existing terms and rental rate in place while negotiations with potential developers continue.
The Fergus Falls Port Authority on a date not specified approved a one-year renewal of its farmland lease with the current tenant, keeping the lease terms and rental rate unchanged, city staff said.
City staff member Clara told members the authority keeps some Port Authority land in agricultural production “when redevelopment projects are not in play,” and that the current farmer may continue to use the fields while the city pursues potential sales or development discussions with Otter Tail Power and Balanced Rock Power.
The renewal approved at the meeting preserves the existing…
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