Call for Bids - City of Philip - Airport Farm Ground Lease

The City of Philip, South Dakota, is calling for bids to lease the land surrounding the City of Philip Municipal Airport, described as follows:

216.3 acres, more or less, located within the boundaries of the NW ¼,
N ½ NE ¼, SW ¼ NE ¼, NE ¼ SW ¼, and NW ¼ SE ¼, in Section 16,
Township 01 North, Range 21 East, Black Hills Meridian, Haakon County,
South Dakota.

The foregoing description, for convenience, is agreed to be an adequate though non-recordable description; it is intended to describe that portion of the “Philip Municipal Airport” facility owned by Lessor, not presently utilized for Airport purposes.

Tenant is required to abide by and comply with all FAA regulations affecting the subject premises, the adjacent Airport facility and its runways.

The term of the Lease shall commence on the 1st day of January 2018, and shall expire on the 31st day of December 2022. For further information and to examine the proposed Lease Agreement, contact the City Finance Officer. Maps of the area to be leased and the adjacent Airport will be available for inspection.

Rentals shall be payable in cash, in advance, in each year of the term of the Lease.

Sealed bids will be accepted at the City Finance Office, PO Box 408, 140 S. Howard Ave., Philip, SD until 5:00 p.m. on Monday, November 6, 2017. All bids must be sealed and clearly marked “Bid – Airport Farm Ground Lease” on the outside envelope.

Bids will be opened at the regular City Council meeting on Monday, November 6, 2017 at 7:10 p.m. or as soon after that hour as practical in the Haakon Co. Courthouse Community Room.

The City Council of the City of Philip reserves the right to reject any and all bids.

Monna Van Lint
Finance Officer
(Published twice on Oct. 26 & Nov. 2, 2017 at an approximate cost of $________)