Auction Note

WRITTEN BID LEASE AUCTION 3,500.86 +/- Crop & Pasture Acres - Ziebach County, SD   Written Bids Due By: Friday, January 10, 2020 – 5:00 p.m. (CT)   Mail, Fax or Email Bids to: Pifer’s Land Management Attn: Dwight Hofland: Halstead LLLP 1506 29th Ave. S Moorhead, MN 56560 FAX: 218.477.1969 dhofland@pifers.com (bid forms are available for download above)   Auction Note: Pifer’s Land Management is seeking bids for the 2020-2022 crop and grazing seasons. This contiguous farm has excellent grass, water and access to all parcels.  Highest written bids will have an opportunity to orally raise their bid on Monday January 13, 2020 at 10AM (CT) by phone.  Bidders may bid on one or more parcels or all parcels combined. The successful bidder will have possession upon signing of the lease by owner and tenant.  Bids will be submitted on an annual dollar per acre basis.   Contact:  Dwight Hofland at 701.630.4359, (dhofland@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).     Parcel 1: Legal: All of Section 19 and 30-17-18 North Ziebach Township, Ziebach County, SD. Pasture Acres:  1,262.32 +/- Parcel Note: This parcel features 1,262.32 pastureland acres with excellent grass and water. Water sources comprise of dugouts and creeks throughout the pasture.  New property boarder fence along the east side of the property. Great access off  207th Ave. and 138th St.     Parcel 2: Legal: N½ Section 31-17-18 North Ziebach Township, Ziebach County, SD. Pasture Acres:  313 +/- Parcel Note: This parcel features excellent native pasture with good water. Water sources comprise of dugout and creeks throughout the pasture. Good access along 138th St.     Parcel 3: Legal: N½ 32-17-18 North Ziebach Township, Ziebach County, SD. Crop Acres:       290.23 +/- Grass Acres:       19.43 +/- Parcel Note: This parcel features 290.23 +/- cropland acres which comprises of some Gray Silt loam soils, good drainage and fences for fall grazing.     Parcel 4: Legal: S ½ Section 13, E½, E½W½ Section 14, N½ Section 23, NW¼ Section 24, E½SW¼ Section 24, W½E½, E½W½ Section 25-17-17 North Ziebach Township, Ziebach County, SD. Crop Acres:       1,435.51+/- Grass Acres:       180.4 +/- Parcel Note: This parcel features 1,435.51+/- contiguous cropland acres and 180.40 +/- grassland acres for fall grazing. This parcel comprises of Gray Silt Loams, Reeder Loams and Reeder-Daglum Loam soils. This large parcel of land has great access off SD highway 20 and 207th Ave.         LANDOWNER: Halstead LLLP   Bidding Procedure: All written bids must be received before 5:00 p.m. (CT) on January 10, 2020. Written bids will be submitted on an annual per acre basis. All written bids must be accompanied with a 3-year farming plan, including but not limited to, crop rotation, normal chemical and fertilizer application, grazing rotations and grass management. These stewardship/farming plans are important to the land owner (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 January 13, 2020, at 10 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 3-year lease agreement. The agreement will begin at the signing of the contract and terminate December 31, 2022.   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 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 Land Management Attn: Dwight Hofland: Halstead LLLP (Land Owner) 1506 29th Ave. S Moorhead, MN 56560 FAX: 218.477.1969 dhofland@pifers.com