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Prairie Care Land Rental Rates / L. Wetter.

By: Contributor(s): Material type: TextTextPublication details: Edmonton, AB : 1990. Ducks Unlimited Canada,Description: 1 v. (various pagings) : maps ; 28 cmOnline resources: Abstract: Prairie Care lease rates are designed to fairly compensate producers for lost agricultural production without price setting in the agricultural community. Lease rates are based on ten year terms with a renegotiation clause in year 5. The renegotiation price will be resolved by procedures laid down in the Alberta Arbitration Act if a consensus cannot be reached between Ducks Unlimited and the landowner. For this reason a formula for arriving at a lease rate that can be duplicated in year 5 is imperative.

Prairie Care lease rates are designed to fairly compensate producers for lost agricultural production without price setting in the agricultural community. Lease rates are based on ten year terms with a renegotiation clause in year 5. The renegotiation price will be resolved by procedures laid down in the Alberta Arbitration Act if a consensus cannot be reached between Ducks Unlimited and the landowner. For this reason a formula for arriving at a lease rate that can be duplicated in year 5 is imperative.

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