Auction Note

WRITTEN BID LEASE AUCTION 886.45 +/- Crop & Hay Acres - Bottineau County, ND​   Written Bids Due By: Friday, January 24, 2020 – 5:00 p.m. (CT)   Mail, Fax or Email Bids to: Pifer’s Land Management Attn: Dwight Hofland: Karen Kinney 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 2020-2021 crop and grazing seasons. This farm has excellent cropland with an average Soil Productivity Index (SPI) of 67.3, along with productive hayland. Highest written bids will have an opportunity to orally raise their bid on Tuesday, January 28, 2020 at 2:00 p.m. (CT) by phone. Bidders may bid on one or more parcels or all parcels combined. The owners and Pifer’s Land Management is seeking a long-term tenant with strong ranching and farming stewardship practices. 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: N½SW¼ less 6 +/- acres in the town of Souris, ND, S½NW¼, NE¼NW¼, NW¼NE¼ 29-163-77, W½SE¼ 20-163-77  (Haram Township) Crop Acres: 222.15 +/- Hay Acres:  80.84  +/- This parcel features 222.15 +/- acres of excellent cropland with a SPI of 67 and 62% of this parcel has a SPI of 77 comprising of Bearden silty clay loan, Gardena loam and Aberdeen-Overly silt loams. This parcel also consists of 80.74 +/- excellent hayland in Section 20 with access along 1st Ave. NE and 3rd Ave. in Souris, ND.       Parcel 2: Legal: SW¼  8-162-77 (Peabody Township) Crop Acres: 55.88 +/- Hay Acres:  96.68  +/- This parcel features 57.88 +/- acres of excellent cropland with an SPI of 64.5 comprising ofAberdeen-Overly silt loams. This parcel also consists of 96.68 +/- acres of excellent hayland. Excellent access along 100th St. NE. Not included in this parcel is the buildings and home. Parcel 3: Legal: E½ 8-162-77 (Peabody Township) Crop Acres: 223.53 +/- Hay Acres:  40.6 +/- Bin Site Acres:  5 +/-  This parcel features 223.53 +/- acres of excellent cropland with a SPI of 76. 77% of this parcel has a SPI of 93 comprising of Aberdeen-Overly silt loams and Overly - Great Bend silty clay loams. 40.6 +/- acres of excellent hayland. Grain storage is included in this parcel. Excellent access along 100th St. NE and 101 St. NE. Grain bins are included in this parcel.   Parcel 4: Legal: NE¼ 17-162-77 (Peabody Township) Crop Acres: 97.78 +/- Hay Acres:  62 +/- This parcel features 97.78 +/- of cropland with a SPI of 69.6 consisting of Aberdeen-Overly silt loams and Overly – Great Bend silty clay loams which make up 77% of the cropland acres. This parcel also consists of 61.94 acres of grass hayland. Excellent access to this parcel off 100th St. NE.     OWNER:  Karen Kinney       Bidding Procedure: All written bids must be received before 5:00 p.m. (CT) on January 24, 2020. Written bids will be submitted on an annual per acre basis. All written bids must be accompanied with a ranch and farm history of your operation including, but not limited to owner/operators, equipment and farming practices. 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 28, 2020, at 2:00 p.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 31, 2021.   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 Auction and Realty Attn: Dwight Hofland: Karen Kinney (Landowner) 1506 29th Ave. S Moorhead, MN 56560 FAX: 218.477.1969 dhofland@pifers.com