What should I charge?

Anonymous-0 · Aug 27, 2009

I have a 24 acre plot which my house sits on. It has a 2 acre pond that is used for irragation by the area farmer. When I purchased the property it had a ten year irragation lease. I have 5 years left on the lease. I'm think I will let the farmer continue irragting but, I think I should start getting something in return when that day comes. My question is how much? Do you charge by gallon, the days used or just a flat rate per year? He normal runs one center pivot and one traveler off it. I have desided to start tracking how many days he uses the pond since I have 5 years left to do so. I'm located south of Kalamzoo Mi. This year he has seed corn last was two crops of pickles.
Thanks in advance.
JRay

Greenday · Aug 27, 2009

Pickles?

waltdavies · Aug 27, 2009

First check to see if the lease is with the owner or against the land, if its with the original owner then its null and void unless it has a clause that continues it on to the next owner. Take it to a good real estate lawyer. You may have more rights than you know about.
After that most water is charged by the inch. That is how much water will pass though a 1 inch Sq. hole in one year. In the old days we paid $55 an inch. I'm sure its a lot more now.
Walt

Anonymous-0 · Aug 27, 2009

OK OK OK, Cucumbers........

JRay

Gun guru · Aug 27, 2009

If it was me and the guy was a nice fellow then charge him in pickles......"X" number of quarts.
As long as they arent Aunt Bee's pickles of course.

What should I charge?

Anonymous-0

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Greenday

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waltdavies

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Anonymous-0

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Gun guru

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