The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #11-174
Approving Lease Agreement between the
City of Monticello and Mike First
with regard to the “farm” ground at the Monticello Airport.
WHEREAS, the City of Monticello Airport Board, with the consent and approval of the Monticello City Council, held a live auction at the Regular Airport Board meeting held on December 6, 2011 at which a high bid in the amount of $65,000 was received to rent the “farm” ground consistent with the proposed lease agreement, and
WHEREAS, The high bidder was Mike Kraus, who was present with Mike First, with the intent of the lease agreement being in the name of Mike First, and
WHEREAS, At the conclusion of the auction Mike First executed a document entitled “Airport Farm Ground Bid Acknowledgement”, confirming his bid of $65,000 as well as his understanding that the Council would be considering the bid for approval at the City Council meeting of December 19, 2011, and
WHEREAS, The Airport Board has, through Airport Manager Paul Elmegreen, reviewed references provided by First and has approved of the recommendation to the City Council that the proposed lease agreement should be entered with Mike First, and
WHEREAS, The Council finds that entry into the lease agreement is appropriate and in the best interests of the City and of the Airport.
NOW, THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve of the entry into the proposed three (3) year lease agreement between Mike First and the City of Monticello at the annual rental rate of $65,000, and directs the Mayor to execute the lease on behalf of the City Council and further directs the City Administrator to obtain the signature of Mike First, as tenant.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal of the City of Monticello, Iowa to be affixed hereto. Done this 19th day of December, 2011.
Dena Himes, Mayor
Attest:
Sally Hinrichsen, Monticello City Clerk