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City will solicit bids for five-year farm lease with $300 minimum
Summary
Staff will advertise a five-year lease for Parcel 3100221.061 (Town of Ahnapee); the committee agreed to set a $300-per-acre minimum and return the drafted lease to council for adoption after the bid period.
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Finance staff reported the five-year lease with the current tenant (Crestridge Dairy) is ending and recommended soliciting public bids for an annual land lease of Parcel 3100221.061 (Town of Ahnapee). The committee discussed minimum rent and asked staff to set the minimum at $300 per acre to reflect current local land-market conditions.
Staff will publish the solicitation in the local newspaper and online with a September 1 bid return date to align with the budget process; proposals will be presented to the council for final adoption of the lease award. No final lease award was made at the meeting; the motion authorized staff to proceed with the public solicitation with the $300 minimum and return with results.

