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HomeMy WebLinkAbout~Master - Setting the Date of Public Hearing for the Long-Term Private Hangar Land Lease with Summit AG at the Ames Municipal Airport DO NOT WRITE IN THE SPACE ABOVE THIS LINE,RESERVED FOR RECORDER Prepared by:Diane Voss,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. 22-430 RESOLUTION SETTING THE DATE OF PUBLIC HEARING FOR THE LONG-TERM PRIVATE HANGAR LAND LEASE WITH SUMMIT AG AT THE AMES MUNICIPAL AIRPORT FOR THE CITY OF AMES,IOWA WHEREAS, in September 2021, Summit Ag began the approval process for building a new private hangar at the Ames Municipal Airport; and, WHEREAS, since that time, Summit Ag has gone through the City's Development Review Committee (DRC) for two different potential sites at the Airport; and, WHEREAS,after settling on a specific site, Summit AG has a conditionally approved Site Plan for the area of the Aiport where the old ramp service hangar building is located; and, WHEREAS, the conditions for Site Plan approval include a Federal Aviation Administration (FAA) airspace study, a Development Agreement, and approval of a long-term land lease; and, WHEREAS, this Summit Ag lease was prepared following the same standard lese terms that were used for the five year leases that were already approved by the City Council; and, WHEREAS, due to the significant investment Summit Ag is making by building an estimated $4.5 to $5 million facility, the requested lease term is for 50 years; and, WHEREAS, the lease will be broken into five-year fee schedules that are updated using the Consumer Price Index for All Urban Products every five years through the duration of the lease; and, WHEREAS,it should be noted that all private hangar leases pay the same land value rate based on the square footage of their respective building; and, WHEREAS, because of the length of the land lease,Iowa Code requires that a public hearing be held in advance of the approval; and, WHEREAS, staff is requesting that a public hearing be set for August 23, 2022, for the land lease. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,that the date of public hearing for August 23,2022,for the long-term private hangar land lease with Summit Ag at the Ames Municipal Airport is hereby approved. ADOPTED THIS 9t1i day of August, 2022. Renee all, City Clerk John A. Haila, Mayor Introduced by: Rollins Seconded by: Junck Voting aye: Betcher, Corrieri, Gartin, Junck, Rollins Voting nay: None Absent: Beatty-Hansen Resolution declared adopted and signed by the Mayor this 9`h day of August, 2022.