City of Clinton Agenda Regular City Council Meeting 2026-05-26
Council approves one-year farm lease with Limestone Ridge
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Description
The City of Clinton approved a one-year cash rent agricultural lease with Limestone Ridge, LLC for City-owned farmland and authorized the tenant to begin preparatory work immediately. The agreement generates lease income while keeping the property under public ownership.
Contract Details
Vendor
LIMESTONE RIDGE LLC
Agency
Low Rent Housing Agency of Clinton, IA
Contract Type
OTHER
Document Date
May 26, 2026
Contract Term
One-year cash rent agricultural lease
Renewal Info
One-year lease; Council may consider renewal or rebidding after the initial term, though no explicit renewal option is stated.
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AWARDEDIssuing Agency
Low Rent Housing Agency of Clinton
Local Housing Authority
Clinton, IA
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