HomeMy WebLinkAbout~Master - Farm lease for airport property RESOLUTION NO. 07-065
RESOLUTION APPROVING AIRPORT PROPERTY
FARM LEASE FOR 2007
FOR THE CITY OF AMES
WHEREAS,the City owns approximately 480 acres of land around the Airport, of which 292
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 is expected to net$35,575 in revenues to the airport for operations in
FY 2006/07; and,
WHEREAS, in 2004,upon the recommendation of the farm manager, Council was asked to
enter into a $140/acre cash rent lease for crop year 2007; and,
WHEREAS, this year's lease will provide $40,852 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, Ltd., for the 2007 crop year at the Ames Municipal
Airport is hereby approved.
ADOPTED THIS 131h day of February, 2007.
Asti Vv' Gofa�l
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Goodman
Seconded by: Rice
Voting aye: Doll, Goodman, Larson, Mahayni, Popken, Rice
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 13' day of February, 2007.