OTHERREJECTED

Montana Board of Land Commissioners Agenda 2026-05-18

Board rejects high bid on Toole County trust lease

$65/acre on agricultural acres and $50/AUM (offered)Montana Secretary of State|Board of Land CommissionersNICKOL, ANTHONYMay 18, 2026

Trusted by teams at

Description

High bidder Anthony Nickol’s offer for Toole County Lease No. 5183 was rejected by the Montana Board of Land Commissioners. The Board opted to renew the lease with the incumbent lessee at reduced rates that better reflect community standards and long‑term land stewardship.

Contract Details

Contract Amount

$65/acre on agricultural acres and $50/AUM (offered)

Vendor

NICKOL, ANTHONY

Agency

Montana Secretary of State|Board of Land Commissioners, MT

Contract Type

OTHER

Document Date

May 18, 2026

Renewal Info

High bid from competitive hearing was not adopted, consistent with MCA 77-6-205 allowing rate reduction when a bid exceeds community standards or threatens long-term productivity.