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Magistrates have accepted a bid to lease out approximately 42 acres of land adjacent to Lincoln County Public Works structures south of Stanford. The county will receive a little more than $9,000 per year for three years from the lease. (Ben Kleppinger / ben@theinteriorjournal.com / March 14, 2013) |
STANFORD — Lincoln County will be getting what it hoped to get for leasing out 42 acres of land for farming along U.S. 27.
Magistrates accepted Tuesday a bid of $227.55 per acre from Homestead Farms to lease out the land, which is adjacent to the county animal shelter and road department headquarters.
The three-year lease will provide the county with more than $9,000 per year that it would otherwise not have.
Magistrate Joe Stanley, a Lincoln County farmer who headed up the plan to lease out the land, estimated last month the land would lease for "more than $200 per acre" and bring in $8,000-$10,000 per year.
Stanley said market prices for corn and soybeans have gone through the roof recently, making farmland more valuable and allowing leasers to charge more per acre.
Magistrate David Faulkner said he was pleased with the results of Stanley's plan.
"Over the next three years, that's almost … $30,000 we would not have seen," he said.
In other fiscal court business:
• Lincoln Emergency Management Director Don Gilliam said the county's new reverse 911 emergency alert system could be up and running for at least landline telephones in about a week; and
• magistrates approved providing $48,000 for the Lincoln County Soil Conservation District's annual budget. Judge-Executive Jim Adams said the amount is $3,000 more than the county provided last year. The extra money will allow the district to implement more clean-water programs that help "keep cattle out of creeks," he said.
