SOLD
Registration Status:
Please log in as a buyer to view registration status.
Your Bid Status:
You have not bid on this lot
Tract:
Tract #1
Acres:
320.00
Time Remaining:
Auction has ended
Start Time:
8/27/2020 8:00 AM CDT
End Time:
9/3/2020 11:00 AM CDT
Your Bid:
-
Highest Bid:
$2/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$979.20
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T.12N, R.16E, Sec. 16 N/2
Tract Details
Tract No.
Tract #1
County, State
Meade, SD
Legal Description
T.12N, R.16E, Sec. 16 N/2
Acres
320.00
Royalty Rate
1/8th
Rental/Acre (Per Year)
$1.00
Buyer Premium
3.00%
Lease Term
5 Years
Important Notices Pertaining to South Dakota Office of School and Public Lands Lease Auctions
Successful Bidder Notification
After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.
Buyer Premium
A 3% Buyer Premium, calculated as 3% of the total bonus, will be added to the cost of this lease.
South Dakota Office of School and Public Lands Point of Contact
Commissioner of School and Public Lands
Ryan Brunner
Email
ryan.brunner@state.sd.us
Office
(605) 773-3303
EnergyNet Point of Contact
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #6
9/2/2020 6:03:03 PM
$2