HomeMy WebLinkAbout~Master - Lease for Ames Municipal Airport farm land RESOLUTION NO. 08-004
RESOLUTION APPROVING AIRPORT PROPERTY
FARM LEASE FOR 2008
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$40,852 in revenues to the airport for operations in FY
2007/08; and,
WHEREAS,upon the recommendation of the farm manager, Council was asked to enter into
a $175/acre cash rent lease for crop year 2008; and,
WHEREAS, this year's lease will provide $51,082.50 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 2008 crop year at the Ames Municipal
Airport is hereby approved.
ADOPTED THIS 8`' day of January, 2008.
. ( Y-1111 A. Vim- e---,A4,d
Diane R. Voss, City Clerk Ann H. Campbell, May
Introduced by: Popken
Seconded by: Goodman
Voting aye: Doll, Goodman, Larson, Mahayni, Popken, Rice
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 8t' day of January, 2008.