Merced Granicus #04172026B

Lease of 78.84 Acres of Agricultural Land at Merced Yosemite Regional Airport

This opportunity involves the lease of 78.84 acres of City-owned agricultural land at Merced Yosemite Regional Airport: - Government Buyer: - City of Merced, Finance and Economic Development Department - Property Details: - 78.84 acres located at the Merced Yosemite Regional Airport flight line - Zoned Agriculture (A-1-20); strictly for agricultural use per the Merced Airport Master Plan - Residential, commercial, or industrial uses are prohibited - Lease Terms: - Five-year base lease with two optional one-year extensions - Minimum annual rent: $21,676.58, with a 3% annual increase - Lessee responsible for all utilities (electrical, gas, water, sewer/septic), repairs, maintenance (including wells, irrigation, fencing), and any improvements - Water supplied by Merced Irrigation District - Proposal Requirements: - Submit proposed rent, intended agricultural use, qualifications, financial capacity, and three professional references - Insurance: $2,000,000 general and auto liability; worker's compensation if applicable - Lease subject to City Council approval and compliance with all laws and ordinances - No OEMs or vendors are specified, as this is a land lease opportunity

Description

The City of Merced is seeking proposals from prospective lessees interested in leasing approximately 78.84 acres of City-owned agricultural land located at the Merced Yosemite Regional Airport flight line. The lease term is for five years with the option to extend for two additional one-year periods. The lessee will be responsible for all utilities, maintenance, and improvements necessary for the use and occupancy of the property. Proposals should include rent amount, proposed agricultural use, qualifications, financial capacity, and references.

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