COUNCIL ACTION FORMLand Lease Agreement • January 7th, 2016
Contract Type FiledJanuary 7th, 2016Several parks or portions of parks in the Ames park system are leased from Iowa State University. Five of these leases expired March 1, 2015, however, prior to that date City Council approved an amendment for each that extended the lease through January 31, 2016. Since the Board of Regents will not take action on these leases until its February meeting, Iowa State University has approved continuing under the existing lease terms until March 1, 2016. Information regarding these leases is shown in the table below. Maps of each park are attached which show the lease area, as well as, any adjacent area owned by the City.