Auction Note

WRITTEN BID LEASE AUCTION 1,499.07 +/- Crop Acres - Dunn & Stark Counties, ND Written Bids Due:   Tuesday, September 19, 2023 – 5:00 p.m. (CT)   Mail, Fax, or Email Bids to: Pifer’s Auction and Realty Attn: Bryan Wachter (Land Manager), Sharmaine Kadrmas (Landowner) 1506 29th Ave S Moorhead, MN 56560 FAX: 218.477.1969 wachter@pifers.com (bid forms are available for download above)   Auction Note: Pifer's Land Management is seeking tenant(s) to lease this farmland for the 2024-2025 crop year. This beautiful property features 1,499.07 +/- crop acres of highly productive soils and a strong cropping history.  If you are looking to expand your acreage and not have to travel far from field to field, then this property is for you.  Essentially, 875.32 +/- of the acres can be accessed from Dickinson Ave.  Every parcel is easily accessible with excellent farm to market roads, with the nearest elevator approximately 20 miles away.  All parcels feature cropland suitable for growing wheat, barley, sunflowers, and a variety of other crops. Highest written bids will have an opportunity to orally raise their bid on Friday, September 22, 2023 at 10:00 a.m. (CT) by phone.  Bidders may bid on one or more parcel(s), or all parcels combined. The successful bidder will have possession starting on January 1, 2024.  Bids will be submitted on an annual dollar per acre basis.    Contact: Bryan Wachter at 701.595.2244 or wachter@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:  Parcels 1-3: From Dickinson, ND, go north on Hwy. #22 13 miles to 24th St. SW. Go west on 24th St. SW for 4 miles to Dickinson Ave. Go north on Dickinson Ave. for 2 miles. This will put you at parcels 2 & 3. Parcel 1 is directly north of parcel 2. Parcels 4 & 5: From Dickinson, ND, go north on Hwy. #22 for 7 miles to 30th St. SW. Go east on 30th St. SW for 2 miles to 109th Ave. SW. Go south on 109th Ave. SW for 0.5 miles and this will put you at parcel 5. From parcel 5, continue east on 30th St. SW for another 5 miles to 104th Ave. SW. Go north on 104th Ave. SW for 1.5 miles and this will put you at parcel 4.     Parcel 1 Crop Acres: 152.2 +/-  Legal: SW¼ 19-142-96 (South Dunn Township) This parcel features 152.2 +/- crop acres with a Soil Productivity Index (SPI) of 66.7 and strong cropping history of wheat.  This parcel is within 20 miles of the elevator in Dickinson.  The property is accessible from the southwest or southeast side off 22nd St. SW.     Parcel 2: Crop Acres:  445.71 +/- Legal: NW¼ & E½ Less Farmstead 30-142-96 (South Dunn Township) This parcel features 445.71 +/- crop acres with a SPI of 62.6 and a solid cropping history of wheat and sunflowers.  It is also located just 20 miles from the elevator.  This property has good access from the east side off Dickinson Ave.     Parcel 3  Crop Acres:  277.41 +/-  Legal:  W½NW¼, SW¼NE¼ & SW ¼ 29-142-96 (South Dunn Township) This parcel features 277.41 +/- crop acres with a SPI of 63.8 and an exceptional cropping history of wheat.  Nearest elevator is 20 miles away.  This property is accessible from the west side of property off Dickinson Ave.     Parcel 4 Crop Acres:  313.34 +/- Legal:  S½  27-141-95 (South Dunn Township) This 313.34 +/- crop acres just outside of Dickinson features an outstanding SPI of 71.8.  Approximately 10 miles from Dickinson, access to the elevator is phenomenal.  This property has a strong history of small grain production and has great access on the east side of property off 104th Ave. SW.     Parcel 5 Crop Acres:  310.41 +/- Legal:  N½  2-140-96 (Dickinson North Township) This parcel of 310.41 +/- crop acres also just outside of Dickinson has a SPI of 51.7 and is less than 10 miles from the elevator.  This property again has a very strong history of small grain production and is easily accessible from 109th Ave. SW on the east side of the property.       LANDOWNER: Sharmaine Kadrmas     Bidding Procedure: All written bids must be received before 5:00 p.m. (CT) on Tuesday, September 19, 2023. Written bids will be submitted on an annual per acre basis. All written bids must be accompanied with a 2-year farming plan, including but not limited to, crop rotation, normal chemical application, field drainage plans with erosion control solutions.  These stewardship/farming plans are important to the landowner(s) and Pifer’s Land Management 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 Friday September 22, 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 2-year lease agreement. The agreement will begin at the signing of the contract and terminate December 15, 2025.   Annual rent will be due on or before March 1st each year of the lease agreement. 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: Bryan Wachter (Land Manager), Sharmaine Kadrmas (Landowner) 1506 29th Ave. S Moorhead, MN 56560 FAX: 218.477.1969 wachter@pifers.com