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HomeMy WebLinkAboutA002 - Resolution No. 24-271 adopted May 14, 2024 RESOLUTION NO. 24-271 RESOLUTION APPROVING CYTOWN DEVELOPMENT AREA ELECTRICAL EASEMENT AGREEMENT FOR THE CITY OF AMES, IOWA WHEREAS, the State of Iowa holds title to certain real property locally known as the CYTown Development Area located in Story County, Iowa, for the use and benefit of Iowa State University of Science and Technology under the jurisdiction of the Board of Regents, State of Iowa; and, WHEREAS,the City of Ames,Iowa,has installed electric distribution system components on the Property. Iowa State University of Science and Technology supports the components remaining on the Property and is willing to grant The City of Ames, Iowa, an easement across the Property in accordance with the terms of the Agreement; and, WHEREAS, Iowa State University of Science and Technology acknowledges that the City of Ames, Iowa, will be installing additional electrical components on the Property to provide electrical services to the Property; and, WHEREAS, Iowa State University of Science and Technology has a continuing obligation to provide the City of Ames, Iowa, with easements for such additional electric distribution components at no cost. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that CYTown Development Area Electrical Easement Agreement is hereby approved. ADOPTED THIS 14th day of May, 2024. e4 W- 410e e�� Renee hall, City Clerk John A. Haila, Mayor Introduced by: Rollins Seconded by: Betcher Voting aye: Beatty-Hansen, Betcher, Gartin, Junck, Rollins Voting nay: None Absent: Corrieri Resolution declared adopted and signed by the Mayor this 14th day of May, 2024.