Auction Note

WRITTEN BID AUCTION 142.81 +/- Irrigated Crop Acres - Ransom County, ND Written Bids Due:  Wednesday, October 25, 2023 – 5:00 p.m. (CT)   Mail, Fax, or Email Bids to: Pifer’s Auction and Realty Attn: Morgan Almer (Land Manager): Charlie Faber (Landowner) 1506 29th Ave S Moorhead, MN 56560 FAX: 218.477.1969 morgan@pifers.com (bid forms are available for download above)   Auction Note: Prime irrigated potato ground for rent on a one-year contract in Sydna Township. Great access to both parcels. Highest written bids will have an opportunity to orally raise their bid on Friday, October 27, 2023 at 10:00 a.m. (CT) by phone. The successful bidder will have possession starting on or February 15, 2024.  Bids will be submitted on an annual dollar per acre basis.    Contact:  Morgan Almer at 701.212.5115 or morgan@pifers.com, or Pifer’s Auction & Realty at 218.477.1968 for more information or a bid form (bid forms are available for download above).     Driving Directions: From Lisbon, ND: Head south on Hwy. #32 for 8 miles. Turn east on 75th St. SE and drive for 6 miles. At 138th Ave. SE, turn south for 2 miles. At. 77th St. SE, drive east for 0.5 miles to the south edge of the property. From Milnor, ND: Follow Hwy. #10 heading north for 3 miles. Turn west on 77th St. SE and drive for 2.5 miles to the south edge of the property.         Property Information Crop Acres: 142.81 +/- Legal: SE1/4 30-133-54 This property features 142.81+/- irrigated cropland acres with a Soil Productivity Index (SPI) of 44.4. This parcel features a VRI sprinkler system, brand new in 2023. Great access to the parcel on the south and east sides.     LANDOWNER: Charles Faber     Bidding Procedure: All written bids must be received before 5:00 p.m. (CT) on October 25, 2023. Written bids will be submitted on an annual per acre basis. All written bids must be accompanied with a 1-year farming plan, including but not limited to, crop rotation, normal chemical application, field drainage plans and or suggested tiling plan. These stewardship/farming plans are important to the landowner(s) and will play an important role in the final decision when awarding the contracts. The top written bids will be invited to the Oral Bidding and will have an opportunity to raise their bid at a time and place designated by Pifer’s Auction & Realty. Oral Bidding will be on October 27, 2023, at 10:00 a.m. (CT). Each Oral Bidder will have the opportunity to bid on each parcel individually as well as altogether (Overall).  Each Oral Bidder must bid on at least one parcel individually to qualify for participation in the Overall bidding process. The winning bidder will (upon Landowner acceptance) receive a lease agreement provided by Pifer’s Land Management. Bidders are bidding on a 1-year lease agreement. The agreement will begin at the signing of the contract and terminate December 31, 2024.   Annual rent will be due on or before February 15, 2024. The awarded bidder must provide a letter of good standing from their financial institution. The awarded bidder must provide Farm Liability insurance policy that meets lease agreement standards. The Landowner reserves the right to accept or reject any and all bids. All statements made the day of the Oral Bidding take precedence over all printed materials. Mail, Fax, or Email Bids to: Pifer’s Auction and Realty Attn: Morgan Almer (Land Manager): Charles Faber 1506 29th Ave S Moorhead, MN 56560 FAX: 218.477.1969 morgan@pifers.com