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HomeMy WebLinkAboutA001 - Memorandum of Understanding MEMORANDUM OF UNDERSTANDING BETWEEN IOWA STATE UNIVERSITY OF SCIENCE AND TECHNOLOGY AND CITY OF AMES, IOWA WHEREAS, a Memorandum of Understanding was entered into between The City of Ames, Iowa and Iowa State College, now known as Iowa State University of Science and Technology, and dated in the month of March, 1947, whereby the said University was permitted to use Ames Municipal Airport for flight training and instruction of students in aeronautical engineering, and WHEREAS, Article A(3) granted an easement to said University for a certain area contained in said Ames Municipal Airport, and WHEREAS, it is the desire of the parties that said easement area be changed and the parties desire that a new Memorandum of Understanding be entered into as concerns said easement area; NOW, THEREFORE, the parties hereto hereby amend the above said Memorandum of Understanding to strike therefrom Article A(3) and substitute the following in lieu thereof; 11A(3) To grant an easement to Iowa State University for the use of an area as designated on the plat attached hereto between the northeast-southwest runway and the driveway areas at said airport. Such easement right to exist during the period of continuous and exclusive use of the area by Iowa State University for aeronautical purposes. This easement right shall cease in event of failure of Iowa State University to pay the rental as provided in Article B(2) of the original Memorandum of Understanding. " In all other respects the Memorandum of Understanding between the parties entered. into in the month of March, 1947 is hereby ratified, approved and confirmed. CITY OF MES, IOWA Date I, / y By �' �77 . �r�i >�':•ry { City Manager J IOWA STATE UNIVERSITY Date +Presl`dent • c' .•', I�r�,,,,,, ) / STATE BOARD Q.F REGENTS Date >? ✓ �� 'l ! J( B 0✓ua J / i ( `(L- C�-=-c t' ;yr I ' NE COR SE/4 SEC.15-83-24 . _ N ti C h' of h - 3 0 a ti I i00 h O v G �h 2 S 6q o2p F { 3�0 O' Beginning at the northeast corner SE 1/4 Section 15, Township 83 North, Range 24 West of the 5th P.M. Story County, Iowa, thence West 207 _4 feet; thence South 25040 ' West 595. 92 feet, thence South 64020 ' East 300.0 feet, thence North 25040 ' East to the North line SW 1/4 Section 14, thence West to point of beginning.