City of Clare Agenda Packet 2026-05-04
Clare Renews IP3 Farmland Lease With Kremsreiter Farms
Trusted by teams at
Description
The City of Clare renewed its farmland lease with Kremsreiter Farms for about 57 acres in Industrial Park #3 at $160 per acre, producing roughly $9,120 in annual revenue for 2026. The one-year agreement runs through December 31, 2026, with options for renewal under the same general terms.
Contract Details
Contract Amount
$160.00 per acre per year (approximately 57 acres; total about $9,120.00 annually)
Vendor
KREMSREITER FARMS
Agency
City of Claire, SD
Contract Type
FACILITIES
Document Date
May 4, 2026
Contract Term
May 4, 2026 – December 31, 2026, one-year lease, renewable by mutual consent
Renewal Date
2026-12-31
Renewal Info
Initial 1-year term from May 4, 2026 to December 31, 2026, with option to renew on same terms and conditions by mutual consent, including renegotiation of rental price and renewal years; Lessor may terminate before spring planting each year subject to crop and reimbursement provisions.
More from KREMSREITER FARMS
Related Contracts
City of Clare Agenda Packet 2026-05-18
RENEWEDCity of Clare Agenda Packet 2026-05-18
RENEWEDCity of Clare Agenda Meeting 2026-05-04
PENDINGCity of Clare AgendaPacket Renewal of Lease Agreement – Kremsreiter Farms – Industrial Park #3 2026-05-04
RENEWEDCity of Clare Agenda Meeting 2026-05-04
PENDINGMore from City of Claire
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.