HomeMy WebLinkAbout~Master - Airport Property Farm Lease for 2005 RESOLUTION NO. 05-059
RESOLUTION APPROVING AIRPORT PROPERTY
FARM LEASE FOR 2005
FOR THE CITY OF AMES
WHEREAS, the City owns approximately 480 acres of land around the Airport, of which 285
acres are available for farming; and,
WHEREAS,this land is used for agricultural production purposes and provides income for Airport
facility improvements and operations; and,
WHEREAS, the City has entered into a 50-50 crop share lease with Kaltenheuser Farms, Ltd.,
each year since 1989; and,
WHEREAS,this lease provided$32,613 in net revenues to the Airport for operations in fiscal year
2003/04; and,
WHEREAS,in 2004,upon the recommendation of the farm manager,Council was asked to enter
into a modified crop lease this year; and,
WHEREAS,poor soybean yields and crop prices,due to the drought in 2003,resulted in the poor
revenues for FY 2003/04; and,
WHEREAS,a 60-40 modified crop lease has been negotiated with Kaltenheuser Farms this year,
which will allow the City to retain 40%of the bean revenue with expenses being limited to only storage
and insurance; and,
WHEREAS, although the City is receiving less of the revenue,the new lease will minimize the
City's exposure to operating costs related to seed, fertilizer,herbicides, and other farm chemicals.
NOW, THEREFORE,BE IT RESOLVED by the City Council of the City of Ames, Iowa, that
the crop share lease with Kaltenheuser Farms,Inc.,for the 2005 crop year at the Ames Municipal Airport
is hereby approved.
ADOPTED THIS 22"d day of February, 2005.
Diane R. Voss, City Clerk Ted Tedesco,Mayor
Introduced by: Goodhue
Seconded by: Wirth
Voting aye: Goodhue, Goodman, Mahayni,Vegge,Wirth
Voting nay: None Absent: Cross
Resolution declared adopted and signed by the Mayor this 22"d day of February, 2005.