🌾 FARMLAND FOR CASH LEASE 🌾
AT PUBLIC AUCTION
📅 Auction Details
Date: Friday, January 9, 2026
Time: 1:00 PM
Location: Hippodrome Building
215 Cedar Street, Julesburg, CO 80737
Phone bids available through prior arrangements
8
Dryland Parcels
5-Year
Lease Terms
3,055+
Total Acres
4
Counties (CO & NE)
Auction Overview
The William Stretesky Foundation is offering 8 parcels of dryland agricultural real estate for 5-year cash leases at public auction. All parcels will be offered separately, and bidders from anywhere may participate with no restrictions on the number of parcels bid.
Available Land
- 796.83 acres in Sedgwick County, CO (3 parcels)
- 310.54 acres in Phillips County, CO (1 parcel)
- 329.87 acres in Chase County, NE (1 parcel)
- 1,618.20 acres in Deuel County, NE (3 parcels)
How Bidding Works
- Each parcel will be auctioned separately on a per-acre price basis
- Bidders may participate in person or by phone (with prior arrangements)
- No restrictions on number of parcels you can bid on
- Bidders from anywhere are welcome
⚠️ Important: The Foundation specifically reserves the right to reject any and all bids following the auction for any reason. Bids are not accepted until approved by the Directors of the William Stretesky Foundation and both parties sign the written lease.
Good Neighbor Practices
It is the hope of the Foundation that good neighbor practices will prevail as to the care of planted crops on neighboring fields.
Parcel Information by County
Sedgwick County, Colorado (3 Parcels)
Parcel #5
Kari 35
Location:
SW4 1-10-45
Sedgwick County, Colorado
SW4 1-10-45
Sedgwick County, Colorado
Acres: 160.01 dryland acres
FSA Tract: 706
Lease Term: 5 years
Parcel #32
East Kumm
Location:
N2 23-11-43
Sedgwick County, Colorado
N2 23-11-43
Sedgwick County, Colorado
Acres: 313.4 dryland acres
FSA Tract: 6005
Lease Term: 5 years
Parcel #34
South Jim
Location:
E2 14-10-44
Sedgwick County, Colorado
E2 14-10-44
Sedgwick County, Colorado
Acres: 323.42 dryland acres
FSA Tract: 5585
Lease Term: 5 years
Phillips County, Colorado (1 Parcel)
Parcel #33
Kari Phillips
Location:
W2 24-9-45
Phillips County, Colorado
W2 24-9-45
Phillips County, Colorado
Acres: 310.54 dryland acres
FSA Tract: 1193
Lease Term: 5 years
Chase County, Nebraska (1 Parcel)
Parcel #36
Venango Sec-S
Location:
S2 19-8-41
Chase County, Nebraska
S2 19-8-41
Chase County, Nebraska
Acres: 329.87 dryland acres
FSA Tract: 5762
Lease Term: 5 years
Deuel County, Nebraska (3 Parcels)
Parcel #37
East Deuel
Location:
in SW Sec. 6-12-42
NE Sec. 12-12-43
SE Frac. Sec. 1-12-43
Deuel County, Nebraska
in SW Sec. 6-12-42
NE Sec. 12-12-43
SE Frac. Sec. 1-12-43
Deuel County, Nebraska
Acres: 213.75 dryland acres
FSA Tract: 6668
Lease Term: 5 years
Parcel #38
West Deuel
Location:
in NW 14-12-43
in SE 11-12-43
in SW 12-12-43
Deuel County, Nebraska
in NW 14-12-43
in SE 11-12-43
in SW 12-12-43
Deuel County, Nebraska
Acres: 390.91 dryland acres
FSA Tract: 6823
Lease Term: 5 years
Parcel #39
North Deuel
Location:
Pt in Sections E2 9
S pt 10
NW of 11
NW 15-12-43
Deuel County, Nebraska
Pt in Sections E2 9
S pt 10
NW of 11
NW 15-12-43
Deuel County, Nebraska
Acres: 1,013.54 dryland acres
FSA Tract: 6702
Lease Term: 5 years
📍 Note on Equipment
Equipment currently at parcel sites may be the property of the former tenant and will be removed/exchanged promptly following the outcome of the auction.
Key Lease Terms
Lease Duration
All leases commence upon signing and run through December 31, 2030 (5 years). Both parties are obligated to fulfill the entire length of the lease.
Payment Terms
- Rent is calculated on a per dryland acre basis using FSA measurements
- First full payment due upon signing
- Annual payments due February 1st of each subsequent year
- 10-day grace period for each payment
- Late payment penalty: 5% of annual payment if not paid within grace period
Tenant Responsibilities
- All dryland expenses (except real estate taxes and landlord’s portion of noxious weed expense)
- Good weed control program, including noxious weeds and wild rye
- Farm operations conducted according to good husbandry practices
- Compliance with FSA and NRCS regulations
- Maintaining farm in good condition
- Providing production records to FSA by December 31st annually
- Comprehensive public liability insurance to THE Farm
covering both Landlord and Tenant under limits of liability of not less than one million dollars
per occurrence.
Landlord Responsibilities
- Payment of real estate taxes
- 50% reimbursement for chemical spot spraying of noxious weeds
- Fire and hazard insurance for fixtures
- Comprehensive public liability insurance ($1M minimum)
Government Programs
Tenant receives all crops harvested and is entitled to 100% of government payments for the farm. It is the tenant’s sole responsibility to properly and timely sign up for government program payments at the FSA office in Julesburg, Colorado.
Reserved Rights
- Hunting Rights: Tenant possesses all hunting rights
- Wind & Solar Rights: Landlord reserves all wind and solar rights
- Mineral Rights: Landlord reserves all oil, gas, gravel, and mineral rights
- Carbon Credits: Any carbon credits require pre-approval; proceeds divided equally minus expenses
Farming Restrictions
- No stubbleback or continuous wheat crops
- Spring crops allowed except wheat and rye
- No growing or carryover crop allowed at lease termination
- Cover crops in final year require pre-approval for reimbursement consideration
End of Lease: Spring crops must be planted for the final year. Tenant must surrender total possession at lease end with no right to re-enter to harvest growing crops. Any subleasing of expiring ground for corn stalks must be pre-approved by the Foundation.
Auction & Lease Requirements
Insurance Requirements
Required Insurance
- Comprehensive public liability insurance ($1M minimum) covering both Landlord and Tenant
- Fire and hazard insurance on personal property and equipment
- Proper workers' compensation insurance as required by law
- All insurance certificates must be delivered to Landlord by February 1st of the first year and upon renewal each subsequent year
- Certificates must include legal description of leased ground and insurance date
Creditworthiness
Creditworthiness is the main factor for lease agreement consideration.
- Landlord may require credit references at any time during the lease
- Tenant must provide written credit references within 10 days of request
- References from primary financial institution and business entities required
- Letters of reference may be requested prior to signing lease agreement
- Refusal to provide credit references may be treated as breach of lease
Chemical Application History
⚠️ Important Notice
Records of chemical application are NOT being kept by the Foundation. We recommend:
Contacting the previous tenant for chemical history information, OR
Conducting soil sample testing prior to planting.
Landlord makes no representation regarding use or non-use of chemicals applied.
Payment Schedule
- Full annual payment due upon signing
- Subsequent payments due February 1st each year
- Insurance certificates due upon initial signing and annually upon renewal date.
- 10-day grace period for payments
- 5% late penalty if not paid within grace period
- Lease may be terminated if payment remains unpaid for 30+ days
Reimbursement for Final Year Expenses
- Landlord will consider reimbursement to Tenant for
fall expenses reasonably incurred in the final year of the lease.
Deadline
Any claims for reimbursement consideration must be filed by December 1st of the final year. No consideration will be given beyond this deadline.
Right of Entry
Tenant agrees to allow Landlord or its representative access to the farm at any reasonable time for:
- Property inspection
- Checking on noxious weeds
- Application of fertilizer, herbicides, or insecticides
- Ensuring compliance with lease terms
Bid Acceptance Process
Process
- All bids may be rejected for any reason
- Bids are not accepted until approved by Foundation Directors
- Both parties must sign written lease for bid acceptance
- If first bid is not accepted, second bidder will be contacted
- Written credit references may be required prior to bid acceptance.
Available Documents
Download detailed information about the parcels and lease agreements:
Contact Information
Questions About the Auction?
Contact Kim Orth
📞 970-474-3466
✉️ admin@streteskyfoundation.com