HomeMy WebLinkAbout~Master - Proposing lease with Brent Haverkamp for property on Sumner Avenue INST.N00 2 - 13 5 0 6
RETURN TO: C� ) STORY COUNTY,IOWA
FILED FOR RECORD
AMES CITY CLERK
Bog 811 jW SEP 0 6 2002 PM
AMES IOWA 50010 Q
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DO NOT WRITE IN THE SPACE ABOVE THIS LINE,RESERVED FOR RECORDER
Prepared by: John R.Klaus,City of Ames Legal Department,515 Clark Avenue,Ames,Iowa 50010(Phone: 515-239-5146)
RESOLUTION NO. 02-394
WHEREAS, by Ames City Council Resolution No. 01-418 enacted September 11, 2001,
the City of Ames leased a certain parcel of land to Retail Management Group, Inc; and,
WHEREAS, by letter of June 18, 2002, representatives of said lessor have requested a
change in the description of the leased parcel;
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Ames,
Iowa:
Section One. Ames City Council Resolution No. 01-418 filed for record with the County Recorder
of Story County,Iowa,as Instrument No. 01-12839 is hereby repealed;and,the land lease recorded
as Instrument No. 01-12840 is hereby cancelled and rescinded by agreement of the parties.
Section Two. It is hereby proposed to lease for the term of twenty years stated in the lease on file,
such right, title and interest as the City of Ames has with respect to land described as:
A portion of Sumner Avenue adjacent to the East line of Lots 5 and 8 in Block 4 of
Kingsbury's Addition to Ames, Iowa, being more particularly described as follows:
Beginning at the Southeast corner of said Lot 8;thence N 00°29'05"W,87.00 feet along the
east line of said Lots 8 and 5; thence N 89°30'55"E,23.00 feet; thence S00°29'05"E 87.00
feet to a point on the south line of Sumner Avenue; thence S89°30'55W,23.00 feet to the
point of beginning, containing 2001.00 square feet.
To Retail Management Group,Inc. for and in consideration of an initial rent of$1,241 per annum,
to be increased every 60 months per the terms of the lease now on file.
Section Three. A public hearing on the proposed lease shall be held in conjunction with the regular
meeting of the Ames City Council on the 131-1-1 day of August,2002, and the City Clerk shall
publish notice as required by law.
Adopted this .23rd day of T„l V , 2002.
Diane R Vpss,;City,Clerk Ted Tedesco, Mayor
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