City of Imperial City Council Meeting Minutes April 2026
City Amends Light Dam Lease with Frenchman Valley Ranch
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Description
The City of Imperial amended its lease with Frenchman Valley Ranch, LLC for the light dam property to a two-year term at $12,000 per year, resetting the lease end date to January 30, 2028. The Mayor was authorized to sign the revised lease agreement on behalf of the City.
Contract Details
Contract Amount
$12,000.00 per year
Vendor
FRENCHMAN VALLEY RANCH LLC
Agency
Imperial Housing Authority, NE
Contract Type
OTHER
Document Date
April 20, 2026
Contract Term
Two-year lease ending January 30, 2028
Renewal Date
2028-01-30
Renewal Info
Lease amended to run two years with a new end date of January 30, 2028; discussion indicated potential consideration of a five-year term at future renewal.
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