Title
Boley Farm/Farm Stand Rental Agreement
History
Henry (Hank) Jacobs has been operating the farm stand on the Village’s Boley Farm property located on the south side of 151st St. just west of 80th Avenue, for years through multiple two year leases with the Village. The last lease with the Village was for the terms of March 1, 2020 through November 15, 2020 and March 1, 2021 through November 15, 2021. He has requested to lease the grounds again for 2022, with an automatic renewal for and 2023. He last paid $15,900.00 for the 9.5 months of 2020, and $15,900.00 for the 9.5 months of 2021.
The lease includes 2.12 acres of land for agricultural purposes, as well as the retail sale of agricultural products from the barn measuring 46 feet by 72 feet and the parking lot of approximately 1/3 acre. The Village’s right-of-entry for this work is preserved in the lease document as is an insurance and indemnity requirement of Mr. Jacobs for his activity on the property.
A lease is attached for review and approval.
Financial Impact
The Village will receive a sum of $16,500.00 for each of the 2022 and 2023 lease terms, totaling $33,000.00.
Recommended Action/Motion
I move to approve the Boley Farm/Farm Stand Rental Agreement with Henry (Hank) Jacobs for a 2022 term, with an automatic renewal term in 2023;
AND
Authorize the Village Manager to execute said agreement, subject to Village Attorney review.