Holt County School Land Lease Sale - 640 acres in Holt County, NE.
Holt County School Land Lease Sale For the Board of Educational Lands & Funds has been moved from the County Treasurer’s Office to:
O’Neill Community Center,
501 S. 4th Street
Notice is hereby given that an authorized representative of the Board of Educational Lands and Funds of the State of Nebraska will offer for lease at public auction on the day and time set forth below, at the office of the County Treasurer of Holt County in O’Neill, Nebraska, the following educational lands within said County:
DATE: December 2, 2020 TIME: 10:00 a.m. and 1:00 p.m.
Please note: No bids will be accepted on the HLN website. All bids need to be in person as listed in the description.
In the event of inclement weather and/or bad roads, the Board’s Field Representative may postpone the sale until December 16, 2020, at 10:00 a.m. and 1:00 p.m. If this occurs, the County Treasurer and the Board’s Lincoln Office will both be notified at least 90 minutes prior to the originally scheduled sale time.
36-32-09 640 acres, more or less.
Predominant Land Use: Grassland with Steele Creek. Hunting and other recreational potential.
This tract is located approximately 15 miles north and 17 miles east of O’Neill, NE.
Improvements to be sold include: 1,280 rods of fence. Total Value: $8,100.00
Personal Property Items: Steel gates.
Any item(s) listed above as “personal property” are subject to removal by the previous lessee. All right, title and interest in any items listed as “Trust owned”, shall remain with the School Land Trust.
To be eligible to bid on a school land lease, you must be able to contract in accordance with Nebraska Law and have deposited with a representative of the Board, or with the County Treasurer of the County in which the land is located, a bank draft, cashier’s check, certified check or money order made payable to the Board of Educational Lands and Funds equal to the 2021 rental of said tract. Said rental deposit may be submitted at any time until the tract is announced “Sold”. Due to the Covid 19 pandemic, only the designated bidder will be allowed in the auction. Any additional lessee may be added to the Lease by proper Power of Attorney, or by assignment after the auction. If more than one qualified bidder is interested in a lease, it will be sold subject to Board approval, to the party bidding the highest bonus, in addition to the first year’s rent, at the auction. Bonus bids must be paid to the Board of Educational Lands and Funds immediately following the auction. Bonus bids are a one-time payment covering the entire term of the lease.
All sales of educational land leases at public auction are non-revocable offers from the bidder, which shall become binding contracts only upon acceptance and approval by the Board of Educational Lands and Funds. Leases will be effective January 1, 2021, or upon acceptance and approval by the Board, whichever occurs later.
Leases will be issued only to those who sign the “Lease and Application” in person or through an Attorney-In-Fact who presents a Power of Attorney at the time of the auction. A sample Power of Attorney form is available on the Board’s website. Lease assignments submitted to the Board within 30 days of the auction will be processed without fee. The Board’s standard form lease sets out the terms of the lease of the real estate to which this notice pertains; provided, however, any additional stipulations pertaining specifically to this real estate, which are included in this notice, shall become a part of the complete terms of the lease pertaining to this real estate. The Board’s standard form lease may be inspected at the County Treasurer’s office or on the Board’s website and a copy, which includes any additional stipulations pertaining to this real estate, can be obtained by contacting the Board’s Lincoln office or the Field Representative for this county named above.
The successful bidder shall, within thirty days of the date of Board approval, pay the amount of the value of the improvements (and growing crops, if applicable) as stated above, to the County Treasurer of the County wherein the land is situated. If such payment is not made on time and in full, all payments made by the successful bidder to the Board may be declared forfeited and a new lease or sale of the land may be authorized. All improvements affixed to the land which are not listed above are and shall remain owned by the School Trust. No improvements shall be placed on the land by Lessee without the prior written approval of the Board; and any improvements made by Lessee without the prior written approval of the Board shall be permanently owned exclusively by the Board.
All monies received by the Board’s agents will be deposited subject to approval of the lease by the Board of Educational Lands and Funds. In the event a lease is not approved, the appropriate refunds will be issued.
All County Farm Service Agency information for the Board of Educational Lands and Funds is public information and is obtainable by contacting the local office.
Rental is subject to change by the Board semi-annually at any time during the term of the lease.
The Lessee making each election to harvest fall-seeded crops will pay the 2021 rent on those acres. In the event of such election, the successful bidder, if other than the previous Lessee, will receive a refund of 2021 rent equal to the amount so paid by the previous Lessee.
Your attendance at this auction is at your own risk. The Board of Educational Lands and Funds shall not be liable for any exposure to, or contraction of, any illness or injury. The Board of Educational Lands and Funds reserves the right to restrict attendance at this auction. Masks will be required for all attendees, and will be provided, if necessary.
For further information contact: BOARD OF EDUCATIONAL LANDS AND FUNDS
For further information contact:
TAD JUDGE, FIELD REPRESENTATIVE
87539 480th Avenue
Atkinson, NE 68713
402-925-2764 or CELL: 402-340-6744
Shelly Trojan, Administrative Assistant
555 North Cotner Blvd
Lincoln, NE. 680505