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HomeMy WebLinkAbout~Master - Airport property farm lease with Kaltenheuser Farms, Inc. RESOLUTION NO. 06-002 RESOLUTION APPROVING AIRPORT PROPERTY FARM LEASE FOR 2006 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, this year, a cash rent lease has been negotiated with Kaltenheuser Farms, Ltd., to maximize farm revenues; and, WHEREAS,this lease provided$26,978 in net revenues to the Airport for operations in fiscal year 2004/05; and, WHEREAS,in 2004,upon the recommendation of the farm manager,Council was asked to enter into a$125/acre cash rent lease for crop year 2006; and, WHEREAS, this year's lease will provide $35,575 in cash rent. 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 2006 crop year at the Ames Municipal Airport is hereby approved. ADOPTED THIS 10th day of January, 2006. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Goodhue Seconded by: Rice Voting aye: Doll, Goodhue, Goodman,Mahayni, Popken, Rice Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 10th day of January, 2006.