HomeMy WebLinkAbout~Master - Resolution Proposing Entering into a Lease with John Deere, at the Site of the Ames Municipal Airport, and Setting a Date of Hearing DO NOT WRITE IN THE SPACE ABOVE THIS LINE,RESERVED FOR RECORDER
Prepared by:City Clerk's Office,515 Clark Avenue,Ames,IA 50010
Return to:Ames City Clerk,P.O.Box 811,Ames,IA 50010 Phone:515-239-5105
RESOLUTION NO. 18-500
RESOLUTION PROPOSING ENTERING INTO A LEASE WITH JOHN
DEERE, AT THE SITE AT THE AMES MUNICIPAL AIRPORT, AND
SETTING A DATE OF HEARING PER SECTION 364.7, CODE OF IOWA
WHEREAS,John Deere has plans to develop a Spray Lab Building located on Lot 8 of Phase
Three of the ISU Research Park,3'Addition,located along South Riverside Drive,directly west of the
Ames Municipal Airport; and,
WHEREAS,John Deere wants to lease a portion of the City's Airport farm ground,which will
allow them to field test their spray equipment on crops(corn,soybeans,etc.)that will be planted on the
leased area; and,
WHEREAS, it has been proposed that the City enter into a 10-year lease with John Deere for
the use of 53.03 acres of airport property with the starting rate of$236/acre/year,beginning March 1,
2019, through February 28, 2029; and,
WHEREAS,for the remaining nine years of the lease,the annual rate will be adjusted using the
same per-acre rental rate that the City receives in revenue from the farmer who rents the remainder of
the Airport property; and,
WHEREAS, because the term of the proposed lease is longer than three years, there is a
requirement in State law to hold a public hearing before approving the lease; and,
WHEREAS,the public hearing date is requested to be set for September 11, 2018, which will
meet the project time line requested by John Deere.
NOW, THEREFORE, BE IT RESOLVED, that a public hearing with respect to the said
proposed lease shall be held in conjunction with the City Council meeting scheduled for September 11,
2018, and the City Clerk shall cause notice of the hearing to be published by law.
ADOPTED THIS 28'day of August, 2018.
_ r
Diane . Voss, City Clerk John . ai a,Ma r
Introduced by: Beatty-Hansen
Seconded by: Corrieri
Voting aye: Beatty-Hansen,Betcher, Corrieri, Gartin,Martin,Nelson
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 28`h day of August, 2018.