HomeMy WebLinkAboutVIII-14 Approve Transfer of Ag Lease to HEDRA (NE Corner of Spiral and Enterprise)
City Council Memorandum
To: Mayor Fasbender and City Council
From: John Hinzman, Community Development Director
Date: February 5, 2024
Item: Resolution: Approve Transfer of Agricultural Land Lease to HEDRA – Northeast Corner
of Spiral Blvd and Enterprise Ave
Council Action Requested:
Adopt the attached resolution approving transfer of the Agricultural Lease executed between the
City of Hastings and Strofus Stock Farm LLC to HEDRA. The transfer only effects a 17.89-acre
parcel generally located at the northeast corner of Spiral Blvd and Enterprise Avenue that was
conveyed from the City to HEDRA on January 16, 2024. Remaining properties within the
agricultural lease owned by the City of Hastings would remain as is. A simple majority is
necessary for action.
Attachment
• Resolution
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HASTINGS CITY COUNCIL
RESOLUTION NO.
A RESOLUTION APPROVING THE TRANSFER OF AGRICULTURAL LEASE TO
HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY
Council member __________________ introduced the following resolution and moved its
adoption:
WHEREAS, the City of Hastings (“City”) owns certain real property located in the City
of Hastings, County of Dakota, State of Minnesota, legally described as follows:
Lot 1, Block 1, HASTINGS INDUSTRIAL PARK NO. 7, according to the recorded plat
thereof.
PID: 19-32006-01-010
Abstract Property
(“Property”); and
WHEREAS, the City entered into an Agricultural Lease Agreement with Strohfus Stock
Farm, LLC (the “Lease”) for the Property with a term from January 1, 2024 to December 31, 2026;
and
WHEREAS, the City conveyed the Property to Hastings Economic Development and
Redevelopment Authority (“HEDRA”) on January 16, 2024 as the Property will eventually be ripe
for redevelopment purposes; and
WHEREAS, the City desires to transfer the rights and responsibilities of the Lease to
HEDRA; and
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Hastings as
follows:
1. That the Lease is transferred to HEDRA and the City shall have no further rights or
responsibilities for said Lease.
Council member _______________ moved a second to this resolution and upon being put
to a vote it was adopted by the Council Members present.
Adopted by the Hastings City Council on February 5, 2024, by the following vote:
Ayes:
Nays:
Absent:
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Mary Fasbender, Mayor
ATTEST:
Kelly Murtaugh, City Clerk
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