Aldermen alter farm lease terms

Wednesday, November 14, 2012

Part of the burden of owning land, farmland in particular, is taking steps to maintain its value. Recognizing this, the Concordia Board of Aldermen voted last week to modify its lease agreement for a plot of farmland worked by Hal Rehkop III.

The land, which is located near the city's lagoon, has been leased to Rehkop for several years and is still under contract through 2014. Rehkop recently approached the city with a request to spread lime on the tract, which measures about 33.75 acres.

Spreading agricultural lime, a soil additive made from pulverized limestone or chalk, provides a source of calcium and magnesium for plants, permits improved water penetration and improves the uptake of major plant nutrients.

City Administrator Dale Klussman said he had looked into the practice and discovered that it is common for farmland. In addition, it is not unusual for landowners to split the cost of the process with tenant farmers.

Based on this, Klussman prepared an ordinance to amend the lease agreement with Rehkop.

Under the revised terms, Rehkop and the city will split the cost of the lime treatment 50/50.

Because the lime application is good for about five years, Rehkop asked that the lease also be extended so he could get the full return on his investment.

The city granted this request and the amendment included a provision to extend the lease to Nov. 30, 2017.

Other provisions of the lease, including the rental rate of $150 per acre, remain intact.

After discussing the matter, the aldermen voted unanimously to approve the amendment, giving Mayor Donald Holtcamp the authority to execute the new lease agreement.

Respond to this story

Posting a comment requires free registration: