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<br /> STAFF REPORT <br />DATE: 3/18/25 <br /> Consent <br /> <br />TO: City Council <br />FROM: Clark Schroeder Special projects <br />AGENDA ITEM: Farm lease for the 3M land 2025 <br />REVIEWED BY: Nicole Miller- City Administrator <br /> <br />CORE STRATEGIES: <br /> <br />☐ Vibrant, inclusive, connected community ☐ Efficient, reliable, innovative services <br />☐ Responsive, transparent, adaptive governance ☒ Balanced Finances now and future <br />☐ Managed Growth ☐ Resilient Infrastructure <br /> <br /> <br />BACKGROUND: When the city acquired 180 acres in 2019 from 3M, it had been farmland for many <br />years and the city continued to lease the land for farming in 2020 and 2021. When the city was soliciting <br />proposals for purchase of the land, the lease was allowed to expire, and the land was not farmed for the <br />growing seasons of 2022 and 2023. We leased the land to David See for the 2024 growing season after a <br />RFP was put out to see the highest bidder for leasing the land. David is interested in extending his lease <br />for another year. <br /> <br />ISSUE BEFORE COUNCIL: Should council approve the 2025 lease with David See for the same price <br />as 2024. <br /> <br />PROPOSAL DETAILS/ANALYSIS: Since this land is being leased out it is no longer tax exempt. The <br />rent will go into the city’s water fund to pay for the taxes since the land is considered an asset of the water <br />fund. Staff is proposing a one-year lease again because our strategic plan for 2025 guides us to look into <br />how and when we should develop this property. If we don’t land on proposals to develop it we could enter <br />into a new lease for 2026. <br /> <br />FISCAL IMPACT: The rent will be applied to the taxes and staff time associated with the lease. Any <br />remaining funds will stay in the water fund. <br /> <br /> <br />OPTIONS: Approve or deny. <br /> <br />RECOMMENDATION: <br />Move to approve 2025 lease with David See Farms for the 3M property. <br /> <br />ATTACHMENTS: 2025 lease with David See Farms for the 3M property. <br />