HomeMy WebLinkAboutResolution 06-24RECORD OF RESOLUTIONS
BARRETT BROTHERS - DAYTON, OHIO Form 6301
Resolution No.___06-24 Passed. ‘
ACCEPTING THE HIGHEST AND BEST BID FORA
FARMLAND LEASE AND AUTHORIZING THE CITY
MANAGER TO ENTER INTO CONTRACT
WHEREAS, formal advertising and competitive bidding procedures have been
conducted, pursuant to Section 8.04 of the Revised Charter and Chapter 37 of
the Dublin Code, for the Farmland Lease program; and
WHEREAS, City Council has determined that the base bid in the amount of
$351.00 per acre for corn/soybean crops submitted by Kelly Walton to be the
highest and best bid; and
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Dublin,
State of Ohio, _"] of the elected members concurring, that:
Section 1. The bid in the amount of $351 per acre for corn/soybean crops
submitted by Kelly Walton is hereby accepted.
Section 2. The City Manager is hereby authorized to enter into a contract
for said project as specified within the bid proposal and the City’s bid
documents on file in the Department of Parks and Recreation.
Section 3. This Council further hereby authorizes and directs the City
Manager, the Director of Law, the Director of Finance, the Clerk of Council, or
other appropriate officers of the City to prepare and sign all other agreements
and instruments and to take any other actions as may be necessary to
implement this Resolution and complete the work for this Program.
Section 4. This Resolution shall take effect and be in force upon passage in
accordance with Section 4.04(a) of the Revised Charter.
Passed this day of Februant , 2024.
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Mayor — Presiding Officer
To: Members of Dublin City Council
From: Megan D. O’Callaghan, P.E., City Manager
Date: February 20, 2024
Initiated By: Matt Earman, Parks and Recreation Director
Re: Resolution 06-24 – Accepting the Highest and Best Bid for a Farmland Lease
and Authorizing the City Manager to Enter into Contract
Background
The City has historically leased multiple City-owned properties to farmers for agricultural
purposes to generate revenue and qualify for state property tax relief. For property tax
purposes, farmland devoted exclusively to commercial agriculture may be valued according to
its current use rather than at its "highest and best" potential use. This provision of Ohio law is
known as the Current Agricultural Use Value (CAUV) program. By permitting values to be set
well below true market values, the CAUV normally results in a substantially lower tax bill.
The premises totaling 50.69 acres of real estate identified as Madison County Parcel Number
02-00172 and Franklin County Parcel Number 271-000006 were previously leased by Bruce
Hostetler in 2022 and 2023 in the amount of $212.50 per acre for corn and soybean crops.
The premises totaling 88 acres of real estate identified as Franklin County Parcel Numbers 272-
000085, 272-000086 and 272-000195 were previously leased by Andrew F. Thomas in 2022 and
2023 in the amount of $125.00 per acre for corn/soybean crops.
Attached is an overview map of the locations of the six parcels that are included in the farmland
lease program. These properties include previously leased farmland and newly acquired parcels.
To consolidate the number of contracts and ensure the City receives a fair market value for the
leases staff combined the six individual parcels that have been leased through multiple farming
lease agreements into one bid.
On Thursday, February 1, 2024, three bids were opened for the farmland lease contract. The
one-year contract will be reviewed annually, with the option to renew for three subsequent
years. Kelly Walton submitted the highest and best bid of $351.00 per acre.
Office of the City Manager
5555 Perimeter Drive • Dublin, OH 43017-1090
Phone: 614-410-4400 • Fax: 614-410-4490
Bidder Bid as Read Crop to be
Planted
Bruce Hostetler Farms $280 per acre Corn/Soybean
Kelly Walton $351 per acre Corn/Soybean
Andrew F Thomas $226.50 per acre Corn/Soybean
Memo
Resolution 06-24 – Accepting the Highest and Best Bid for the Farmland Lease and Authorizing the City
Manager to Enter into Contract
February 20, 2024
Page 2 of 2
Recommendation
Staff recommends approval of Resolution 06-24 authorizing the City Manager to enter into a
farmland lease contract with Kelly Walton in the amount of $351.00 per acre to farm the six
identified parcels for corn and soybean crops. Staff has contacted references of Kelly Walton
and received favorable responses regarding his farming experience and other lease payments
history.
272-000086
5987
COSGRAY RD
272-000195
6047 COSGRAY RD
271-000016
DUB PLAIN
CITY RD
272-000085
COSGRAY RD
271-000006
DUB PLAIN
CITY RD
02-00172.000
SR 161
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Madison County
Union County
Madison CountyFranklin CountyUnion County
Franklin County
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