Agricultural Land Cash-Rent Lease

The City of Indianola is seeking sealed written bids to lease approximately 190.77 acres of agricultural land for cash rent from March 1, 2027, through March 1, 2030, with tenant responsibility for farming costs and property taxes.

City of Indianola > City Clerk


General
Open (open)
Oct 16, 2026 07:00 PM
Sep 15, 2026 05:00 PM
3 years
Request for Proposal (RFP)
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Original Solicitation Links
Submission Instructions
Mail
City of Indianola, ATTN: City Clerk, 110 N 1st Street, Indianola, Iowa 50125
Farm Lease Proposal
Description

The City of Indianola is soliciting sealed written bids for a three-year cash-rent lease of approximately 190.77 acres of agricultural land in Warren County, Iowa. The lease term is scheduled to run from March 1, 2027, through March 1, 2030, subject to City Council approval and possession provisions. Bidders must provide annual rent amounts for 2027, 2028, and 2029, including a per-acre planting price. The tenant will bear all farming costs and real estate taxes, maintain the premises in accordance with good husbandry and environmental requirements, and comply with restrictions including no hunting or trapping. The City retains access rights and the right to apply biosolids to at least 70 acres, subject to the lease terms. The selected tenant may not assign or sublet the premises without prior written authorization.

Classification Codes
NAICS531190Lessors of Other Real Estate Property
PSCX293Lease/Rental of Unimproved Real Property (Land)
Smart Codes
agricultural land leasecash rent farmingbiosolids land application
Timeline
Sep 15, 2026-Publication Date
Oct 16, 2026 07:00 PM-Bid Submission Deadline
Mar 1, 2027-Lease Commencement
Apr 1, 2027-First Rent Payment Due
Dec 15, 2027-Second Rent Payment Due
Mar 1, 2030-Lease Termination
Requirements
No
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