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2025-096
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2025-096
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Last modified
5/12/2025 11:57:46 AM
Creation date
5/12/2025 11:56:41 AM
Metadata
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Template:
Official Documents
Official Document Type
Lease
Approved Date
04/22/2025
Control Number
2025-096
Agenda Item Number
9.S.
Entity Name
Bailes Ranch II
Subject
2025 Cattle Lease Agreement of 243.57 Acres
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Nuisance: Shall not commit or permit any public or private nuisance or any other act or thing <br />which would disturb the quiet enjoyment of any occupant of nearby property. <br />Livestock Water Su-mlv: Tenant shall have the right to dig water holes on Lease to the size <br />appropriate to supply adequate water to herd, no water holes shall be of size or location as to <br />violate any Water District and or County Codes, Rules or Regulations, any fines associated with <br />violation of any Water District and or County Codes, Rules or Regulations shall be the <br />responsibility of the Tenant. All flow wells (artesian wells) may be used by Tenant so as they are <br />used in compliance with any and all Rules, Regulations and or Laws governing said wells. Tenant is <br />responsible for any and all fines associated with use of these wells. <br />Insurance: Upon execution of this contract, Tenant shall provide within (10) business days to <br />Landlord and maintain at its own expense LIABILITY INSURANCE on an occurrence basis with limits <br />of liability not less than Five Hundred Thousand ($500,000) dollars for bodily injury, personal <br />liability or death to any one person, and One Million ($1,000,000) dollars for bodily injury, <br />personal injury or death to more than one person. Such insurance shall provide for off -Property <br />liability for animal trespass onto the lands of others. Any insurance procured by Tenant as herein <br />required shall be issued in the name of Tenant with Landlord named as additional insured, by a <br />company licensed to do business in the State of Florida, and shall contain endorsements that (a) <br />such insurance may not be cancelled or amended with respect to Landlord without ten (10) <br />business days written notice by registered mail to Landlord by the insurance company; (b) Tenant <br />shall be solely responsible for payment of premiums; (c) in the event of payment of any loss <br />covered by such policy, Landlord shall be paid first by the insurance company for its loss. A <br />certificate for all such insurance shall be delivered to Landlord by Tenant within ten (10) business <br />days of issuance of such policy by the insurance company. <br />Land Tax Certification: Landlord shall be responsible for all Taxes, Tax filing and certification of <br />Livestock Tax rate of said Property described above. Tenant shall provide Landlord with <br />accounting of cattle operation in progress annually by <date> and maintain sufficient head of <br />cattle to qualify for Livestock tax rate on said Property described above. Report shall be provided <br />to the Department of Utility Services, Attn: Finance Manager. Tenant is not responsible for any <br />Tax certifications, delinquent reporting of tax class, and or penalties levied against said Property <br />described above unless Tenant does not provide adequate head of livestock to qualify for <br />Livestock based tax rate for any year of Lease. Landlord shall at their discretion have the ability to <br />terminate any and all Leases currently held by Tenant at that time unless Tenant reimburses <br />Landlord for difference in Taxes for the Tax period in question on Lease in question. <br />If Lease is terminated due to this breach of lease, Landlord will not reimburse Tenant for any per <br />acre lease monies mentioned below in Termination with or without default paragraph. <br />Termination with or without default: Abandonment or surrender of the Property or failure or <br />refusal to pay when due any rent or any other sum required to be paid by the Tenant or to <br />perform any covenant, term or condition of this Lease. <br />This Lease may terminate in whole or in part upon the giving of sixty (60) -days' notice by Landlord <br />to Tenant for any reason. Notice must be given in writing and is considered given either (a) when <br />delivered in person to the person(s) named on Lease, or (b) five (5) days after deposit in the <br />
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