LOI McCarty lease for grazing cattle and mowing, property maintenance

The City of Port St. Lucie has entered into a grazing lease agreement with CMD Cattle, Inc. for the McCarty Ranch Property, which consists of approximately 3,100 acres. The lease is for a term of 10 years, with options to renew for two additional 5-year periods. The lessee is responsible for maintaining the property, including mowing and chopping invasive plant species, and is allowed to graze cattle and other approved livestock on the property. The lessee is also responsible for paying all utilities and taxes associated with the property. The lease includes provisions for the lessee to install and maintain fencing, as well as to control burn certain areas of the property. The City of Port St. Lucie retains the right to access the property at all times and to terminate the lease if the lessee fails to comply with the terms of the agreement. Key points of the contract include: • The lease is for a term of 10 years, with options to renew for two additional 5-year periods. • The lessee is responsible for maintaining the property, including mowing and chopping invasive plant species. • The lessee is allowed to graze cattle and other approved livestock on the property. • The lessee is responsible for paying all utilities and taxes associated with the property. • The lease includes provisions for the lessee to install and maintain fencing, as well as to control burn certain areas of the property.