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HomeMy WebLinkAbout~Master - 2009 Airport Farm Lease RESOLUTION NO. 09-058 RESOLUTION APPROVING AMES MUNICIPAL AIRPORT 2009 FARM LEASE FOR THE CITY OF AMES WHEREAS, the City owns approximately 480 acres of land around the Municipal Airport, and of this amount, 292 acres are available for farming; and, WHEREAS, to advise the City on land management issues, Hertz Farm Management of Nevada, Iowa, has been contracted as the airport farm manager, and part of their duties include negotiating the lease of airport farm land; and, WHEREAS,this year,a cash rent lease has been negotiated with John and Daniel Adams to maximize airport farm revenues; and, WHEREAS, upon the recommendation of the farm manager,the Council is being asked to enter into a$190 per acre cash rent lease for crop year 2009,which will provide$55,461 in cash rent; and, WHEREAS, this will result in $51,024.12 in net revenues for airport operations after payment for farm management services. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the cash rent lease with John and Daniel Adams for the 2009 crop year in the amount of$55,461 for the Ames Municipal Airport property is hereby approved. ADOPTED THIS 24th day of February, 2009. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Popken Seconded by: Larson Voting aye: Goodman, Larson, Mahayni, Popken, Rice Voting nay: None Absent: Doll Resolution declared adopted and signed by the Mayor this 24t1i day of February, 2009.