Auction Note

WRITTEN BID LEASE AUCTION 882 +/- Acres - Wells County, 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: Dwight Hofland (Land Manager), Neil L Thormodsgaard & Neil J Thormodsgaard (Landowners)  1506 29th Ave S Moorhead, MN 56560 FAX: 218.477.1969 dhofland@pifers.com (bid forms are available for download above)     Auction Note: This rare opportunity to lease some of Wells County’s premier grass and cell grazing units is being offered by the Neil Thormodsgaard family. Pifer’s Land Management is seeking tenant(s) to lease excellent grass and cell grazing pastures for the 2024-2025 grazing season. This property features 882 +/- pasture acres, comprising of 4 separate pastures with a total of 11 cells. Newer fences with excellent water, grass, and catch pens.  All parcels have excellent access to good farm-to-market roads. Grazing dates will be from May 15th to October 1st.   The successful bidder will have possession starting on or before January 1, 2024.  Bids will be submitted on an annual AUM basis.    Contact: Dwight Hofland at 701.630.4359 or dhofland@pifers.com, or Pifer’s Auction & Realty at 218.477.1968 for more information or a bid form.   Driving Directions: Parcels 1 & 2: From Bowdon, ND, go north on 39th Ave. NE for 6 miles to 10th St. NE. Go west on 10th St. NE for 3 miles to 36th Ave. NE. This will put you at the northeast corner of Parcel 1. Parcel 2 is 1.5 miles south of parcel 1. Parcel 3: From Bowdon, ND, go north on 39th Ave. NE for 3 miles to 7th St. NE. Go west on 7th St. NE for 4 miles. This will put you at the northeast corner of parcel 3. Parcel 4: From Bowdon, ND, go north on 39th Ave. NE for 2 miles. This will put you at the southwest corner of parcel 4.     Parcel 1 Pasture Acres: 142 +/- Legal: Part of 13-147-72 (Delger Township) This property features 142 +/- pasture acres comprising of 3 cells, a continuous well pipe catch pen for loading and unloading cattle, and well water with a tank in the common area for easy access to all cells. The landowner(s) will pay for the electricity on this unit.  This unit also has trees the cattle have access to during the hot summer days. This unit’s AUM will be limited to 40 pairs. Good access off 36th Ave. NE.         Parcel 2 Pasture Acres: 200 +/- Legal: Part of 24-147-72 (Delger Township) This property features 200 +/- pasture acres comprising of native and cool season grasses, 2 cells, a catch pen for loading and unloading cattle, and well water with two tanks in the common area for easy access to both cells. The well water in this unit is pumped using a windmill and has two tanks for storage. This unit’s AUM will be limited to 50 pairs. Good access off 36th Ave. NE and 8th St. NE.          Parcel 3 Pasture Acres:  240 +/- Legal: Part of 35-147-72 (Delger Township) This property features 240 +/- pasture acres comprising a mix of cool and warm season grasses, 3 cells, and a common area to supply water to all cells. The water supply is provided by a well with two storage tanks. The landowner will pay for well electricity in this unit. Also in this unit, there are stock ponds in two units for additional water sources. This unit’s AUM will be limited to 60 pairs. Good access off 7th St. NE.      Parcel 4 Pasture Acres: 300 +/- Legal: Part of 34-147-71 (West Ontario Township) This property features 300 +/- pasture acres comprising a mix of cool and warm season grasses and 3 cells with dugouts for the water source. These dugouts were cleaned in 2022. Two of the cells in this unit also utilize electric fences. This unit’s AUM will be limited to 60 pairs. Good access off 6th St. NE.           LANDOWNERS: Neil L Thormodsgaard & Neil J Thormodsgaard     Bidding Procedure: All written bids must be received before 5:00 p.m. (CT) on September 19, 2023. Written bids will be submitted on an annual AUM basis. All written bids must be accompanied by a 2-year grazing plan. These stewardship/grazing 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 Thursday, September 21, 2023 at 10:00 a.m. (CT) Each Oral Bidder will have the opportunity to bid on each parcel individually as well as all together (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 on January 1, 2024, and terminate on December 31, 2025.   Annual rent will be due on or before February 1st of 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 a Farm Liability insurance policy that meets lease agreement standards. The Landowner reserves the right to accept or reject any and all bids. The Landowner reserves all hunting rights to the said property during the term of this lease. All statements made on the day of the Oral Bidding take precedence over all printed materials. Mail, Fax, or Email Bids to: Pifer’s Auction and Realty Attn: Dwight Hofland (Land Manager): Neil L Thormodsgaard & Neil J Thormodsgaard (Landowners) 1506 29th Ave S Moorhead, MN 56560 FAX: 218.477.1969 dhofland@pifers.com