Airport Amends Farm Lease with Dave Olson Inc.
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Description
The Holdrege Airport Authority approved an amendment to its farm ground lease with Dave Olson, Inc. to reduce farmable acreage impacted by a new hangar project while maintaining an annual rent of $36,492.75. The amended lease runs from May 1, 2026 through February 28, 2029 with rent adjusted at $147 per acre for land taken or added.
Contract Details
Contract Amount
$36,492.75 annually; $147.00 per acre for adjustments
Vendor
DAVE OLSON INC
Agency
City of Holdrege, NE
Contract Type
FACILITIES
Document Date
May 15, 2026
Contract Term
May 1, 2026 to February 28, 2029
Renewal Date
2029-02-28
Renewal Info
Lease amendment term is May 1, 2026 to February 28, 2029 and terminates automatically without notice at the end of the term; any future extension would require a new agreement or amendment.
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