HomeMy WebLinkAbout09-12-2024 Airport CommissionIOWA CITY AIRPORT COMMISSION
MEETING AGENDA
AIRPORT TERMINAL BUILDING
1801 S. RIVERSIDE DRIVE
IOWA CITY, IOWA
THURSDAY, SEPTEMBER 12, 2024 - 6:00 P.M.
1. Determine Quorum 1 min*
2. Approval of Minutes from the following meetings: 2 min
August 19, 2024
3. Public Comment - Items not on the agenda 5 min
4. Items for Discussion / Action:
a. Airport Construction Projects: 30 min
i. FAA grant projects
1. Runway 12/30 Displaced Threshold/Relocation
2. Solar Power Project
3. Terminal Building
4. 5 Year Engineering/Consultant Request for Qualifications
ii. Iowa DOT grant projects
b. Airport "Operations" 15 min
i. Budget
1. 2025-2030 CIP Projects
2. FY26 Budget
ii. Management
1. Farm Management Agreement
2. T-Hangar Lease Language
iii. Events
1. Autocross: Sept 15, Sept 29
2. Pancake Breakfast: (Aug 25)
c. FBO / Flight Training Reports 10 min
i. Jet Air
d. Commission Members' Reports 2 min
e. Staff Report 2 min
5. Set next regular meeting for October 10, 2024
6. Adjourn
*The times listed in the agenda are the anticipated duration of that particular agenda item. The actual
discussion may take more or less time than anticipated.
if you will need disability -related accommodations in order to participate in this program/event, please
contact Michael Tharp, Airport Manager, at 319-356-5045 or at michael-tharp @iowa-city. org. Early
requests are strongly encouraged to allow sufficient time to meet your access needs.
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024
Page 2 of 62
MINUTES
IOWA CITY AIRPORT COMMISSION
August 19, 2024 — 5:00 P.M.
AIRPORT TERMINAL BUILDING
Members Present: Warren Bishop, Judy Pfohl, Ryan Story, Chris Lawrence
Members Absent: Hellecktra Orozco,
Staff Present: Michael Tharp, Jennifer Schwickerath
Others Present: Travis Strait, Carl Byers
RECOMMENDATIONS TO COUNCIL:
None
DETERMINE QUORUM
A quorum was determined at 5:00 pm and Lawrence called the meeting to order.
APPROVAL OF MINUTES
DRAFT
Tharp noted that Pfohl had submitted some grammatical corrections to the draft minutes. Bishop
moved to approve the minutes from July 11, 2024, seconded by Pfohl. Motion carried 3-0
(Lawrence abstained, Story absent)
PUBLIC COMMENT - None
ITEMS FOR DISCUSSION / ACTION
a. Airport Construction Projects:
i. FAA grant projects
1. Runway 12/30 Displaced Threshold/Relocation — Tharp stated
the project is mostly done. He stated that they had some light
fixtures that were supposed to be going in tomorrow and that the
seeders were scheduled to come out. Tharp stated they were
waiting for the lights fixtures to be correct before scheduling flight
check for the FAA so they didn't have a issue with that.
2. Solar Power Project — Tharp stated that they have a grant offer
from the FAA for the project. Tharp noted that so far they were on
track for a start date of Sept 9th, but that the contractor was waiting
for one more piece of equipment to come in and that the start date
might shift because of it. Tharp noted they did adjust the panels a
bit and asked Strait to update the Commission. Strait stated the
contract had requested a change in the angle due to wind loading
of the panels from a 35 degree tilt, to a 25 degree tilt. This would
make the panels a little flatter and a little less efficient. To
compensate some additional panels would be added to the system.
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 3 of 62
Airport Commission
August 19, 2024
Page 2 of 4
a. Consider a resolution accepting FAA Grant 3-19-0047-
037-2024 — Bishop moved resolution #A24-16, seconded
by Pfohl. Motion carried 4-0 (Orozco Absent)
3. Terminal Building —Tharp stated that they had submitted the grant
application for the next round of funding. Tharp stated they were
also finishing up the FAQ document for those that might assist is
advocating for the project. Tharp stated that Lawrence had seen
the document and he was planning to take it to the Kansas City
conference with him. Tharp noted he had not seen any timelines for
when the FAA would announce the awards.
ii. Iowa DOT grant projects —Tharp noted that if they had any ideas for grant
applications, members could forward them to him. Tharp noted that they did
not have any active grants with the Iowa DOT and that the next round of
applications wouldn't be until next April
b. Airport "Operations"
L Budget —
1. Hangar Rates 2024-2025 — Tharp stated that most of the airports
around Iowa City had remained the same with rates. Tharp stated
that Cedar Rapids was in the middle of its rate adjust program that
it started a couple of years ago. Tharp stated that they were still
seeing higher rates for maintenance and other fees and that he was
recommending a 5% increase to the existing rates. Pfohl asked if
there was still a hangar waiting list, to which Tharp responded in the
affirmative. Pfohl also asked about hangar construct to which Tharp
stated that construction wasn't cost effective at this point. Tharp
noted that the 5% increase would bring in about an additional $7000
per year. Story asked if these rates were just for the t-hangars and
asked about the rates for the other hangars. Tharp stated that the
other hangar agreements have an automatic CPI inflator in them but
typically at 5 year intervals.
a. Consider a motion to approve hangar rates for
2024/2025 — Lawrence moved to raise the hangar rates by
5%, seconded by Pfohl. Motion carried 2-0 (Story, Bishop
abstained)
2. Budget Review — Tharp stated that the spreadsheet in the packet
was a comparison view showing the last couple of years, and the
projects for the next couple of years. Tharp stated that their larger
than projected expenses came from a large increase in insurance
costs as well as a number of one-time costs, such as the gate
operator that went out and hangar doors that are old that finally give
out. Tharp noted that the projections of the next fiscal was showing
a surplus of around $30,000 stating that they would need a couple
of years like that to get the cash balance back to more favorable
levels.
ii. Management
1. Strategic Plan — Tharp led a review of the strategic plan objectives
and gave examples of actions that been done for each of the
objectives. Tharp reminded folks that they did have the pancake
breakfast this weekend as one of their community events. Story
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 4 of 62
Airport Commission
August 19, 2024
Page 3 of 4
asked about the larger hangar that used to be rented but was now
used for equipment storage. Tharp noted that this was an executive
decision, and they could go back to renting it. Tharp noted that as
the space constraints became increased, this hangar came back to
the airport and the opportunity was there for the equipment to be
stored indoors again. It also gave the opportunity for maintenance
workers to be shielded when swapping plow blades, brooms or
doing other basic needed maintenance. Story asked about building
a building for the equipment. Tharp noted that you can get money
for an equipment building. Tharp noted that it was still tied to a
formula based on equipment needed by the airport. Tharp stated
that the hangar itself was oddly shaped making it too small for
multiple aircraft, but too big for a single engine hangar. Tharp noted
that previously it was used by a glider pilot before they had built their
own hangar at the end of the row. Story also asked about hangars
that were rented but empty or hangars that might not be getting used
as aircraft storage. Members continued to discuss options for
encouraging more active hangar flyers.
iii. Events —
1. Autocross: Sept 15, Sept 29
2. Pancake Breakfast (Aug 25)
c. FBO / Flight Training Reports
i. Jet Air — Lawrence noted that Wolford wasn't present, and Tharp noted he
didn't have any updates. Tharp noted that they were extremely busy in the
month of July as indicated by the fuel flowage check they got. Pfohl asked
if the maintenance staff could focus on the weeds in the front of the building.
d. Commission Members' Reports — Story asked about the grass runway to which
Tharp stated he need to write a formal request letter to the Flight Standards office.
e. Staff Report — Tharp noted that he would be in Kansas City for the 4 states aviation
conference Wednesday -Friday.
SET NEXT REGULAR MEETING — Next meeting September 121"
ADJOURN
Lawrence moved to adjourn, seconded by Bishop. Motion carried 4-0 (Story absent). Meeting
adjourned at 5:35 pm.
CHAIRPERSON DATE
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 5 of 62
Airport Commission
August 19, 2024
Page 4 of 4
Airport Commission
ATTENDANCE RECORD
2023-2024
TERM
Q
m
J
0
J
�Lr
J
0
0
%
w
A
N
0
N
m
0
-
m
A
0
N
A
co
0
0
A
0
b
N
N
W
0
NAME
EXP.
N
N
N
N
N
N
N
N
N
N
N
N
N
W
W
W
W
A
A
A
A
A
A
A
A
A
Warren
06/30/26
Bishop
X
O/E
X
X
O/E
X
X
O/E
O/E
X
X
X
X
Christopher
06/30/26
X
X
X
X
X
O/E
X
X
X
O/E
O/E
O/E
X
Lawrence
Hellecktra
06/30/28
X
X
X
X
O/E
X
X
O/E
X
O/E
X
X
X
Orozco
Judy Pfohl
06/30/26
X
X
X
X
X
X
X
X
O/E
X
X
X
X
Ryan Story
06/30/27
X
O/E
X
X
X
X
X
X
X
X
X
O/E
O/E
Key:
X = Present
X/E = Present for Part of Meeting
O = Absent
O/E = Absent/Excused
NM = Not a Member at this time
X/S = Present for subcommittee meeting
O/S = Absent, not a member of the subcommittee
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 6 of 62
Request for Qualifications
Airport Planning, Architecture/Engineering, Environmental,
and Consulting Services
Iowa City Municipal Airport
RFQ Point of Contact Information:
Michael Tharp, C.M.
Airport Manager
Iowa City Municipal Airport
1801 S. Riverside Dr
Iowa City, IA 52246
michael-tharp(allowa-city.orq
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 7 of 62
Iowa City Municipal Airport
Request for Qualifications
Airport Planning, Architecture/Engineering, Environmental and
Consulting Services
The Iowa City Airport Commission is evaluating the best and most effective method to provide for
the services needed to accomplish their complex five-year Federal Aviation Administration -Airport
Improvement Plan program for the Iowa City Municipal Airport.
RFQ Submission Requirements
The Iowa City Airport Commission is seeking those with expertise in planning,
architecture/engineering, environmental and consulting services related to aviation projects. The
Iowa City Municipal Airport would like to retain the professional services of a qualified airport
consulting firm to assist the Iowa City Airport Commission on specific projects over the next five-
(5) years
Scope of Services
Tasks involved will include, but not be limited to; planning, architecture, landscaping, airfield civil
and electrical engineering, program management, grant project management, surveying and on -
call services.
This contract is subject but not limited to the following federal provisions:
• Title VI of the Civil Rights Act of 1964
• Section 520 of the Airport and Airway Improvement Act of 1982
• DOT Regulation 49 CFR Part 18.36(i) - Access to Records
• DOT Regulation 49 CFR Part 20 - Lobbying and Influencing Federal Employees
• DOT Regulation 49 CFR Part 26 -Disadvantage Business Enterprises Participation.
• DOT Regulation 49 CFR Part 29 - Government -wide Debarment and Suspension
DOT Regulation 49 CFR Part 30 - Federal Trade Restriction Clause
Current Planned AIP Projects
Runway Rehabilitation, Crack & Joint Sealing (Runway 7/25 West End and Runway 12/30)
Estimated Cost of Development: $615,667
Runway Extension Environmental Assessment
Estimated Cost of Development $50,000
Runway Extension — Runway 7
Estimated Cost of Development: $1,622,000
General Aviation Apron and Connecting Taxiway
Estimated Cost of Development: $1,250,000
Rehabilitate T-hangar Taxilanes
Estimated Cost of Development: $532,000
Airport Terminal Building (BIL-ATP)
Estimated Cost of Development $8,000,000
Solar Array Phase 2 (BIL)
Estimated Cost of Development $500,000
Initiation of work may be conditioned upon receipt of federal funds
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 8 of 62
Bolton & Menk assisted in the preparation of the most recent 5-year CIP plan
All parties are advised that some of the services may not be required and that the sponsor reserves the
right to initiate additional procurement action for any of the services included in the initial procurement.
Qualifications
The RFQ proposal should include detailed information regarding the consultant's interest and
qualifications. To be considered to perform the services requested by this RFQ, a firm or group
must submit a proposal demonstrating the following:
1. Current relevant experience with airport improvement projects, planning, design, and
engineering of airside and landside aviation facilities. These projects may or may not be
funded with FAA-AIP grants
2. A track record in working with governmental agencies on projects of this type. Previous
FAA grant experience is a qualifications requirement. Please provide a list of relevant
projects, including client contact names, titles, and phone numbers
3. The proposed staffing plan for projects, including the qualifications and job classifications.
Resumes of key personnel must also be submitted.
4. Relationship between entities if the proposal includes work performed by someone
outside the principal firm.
Agreement Format and Insurance Requirements
The selected firm or group must be prepared to comply with City of Iowa City, Iowa standard
contract terms and insurance requirements.
Proposed Compensation
This request and solicitation is for a Statement of Interest and Qualifications. Fee information will
not be considered in the selection process and must not be submitted with the statement of
qualifications. Final compensation will be determined through negotiations with the selected firm
on specific projects.
Proposal Submission
1. Proposals: Five (5) copies must be received before and should be marked in the left
upperhand corner Request for Qualifications: Airport Planning, Architecture/Engineering,
Environmental and Consulting Services. Proposals should be submitted to:
Iowa City Municipal Airport
C/O City Clerk,
410 E. Washington St.
Iowa City, IA 52240
Proposals received after that time will be returned un-opened. Proposals must be
received by, not postmarked by, the final filing date and time. Telephone, email, facsimile
submittals will not be accepted.
2. Proposals shall include the following:
a. Cover Letter: One page cover letter which includes the mailing and email
addresses and telephone and fax number of the person(s) to be used for contact
and who is authorized to represent the firm or group
b. Table of Contents: An index of the material included in the proposal
C. Statement of Qualifications: A statement of the firm's or group's qualifications
covering the items listed in the qualifications subsection above
d. Management and Staff: Describe the organizational structure that is proposed to
implement the project, including support staff, and any subcontractors. Include
resumes of key project personnel, include staff availability and location of office
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024
Page 9 of 62
where majority of work will be completed.
e. Workload Management: Outlined workload management techniques that will
allow ongoing assessments of current workloads.
3. Proposals shall be brief and concise, containing no more than thirty-five (35) pages of
material (excluding front and back cover, and dividers)
Selection Process
Proposals received prior to the deadline will be screened and evaluated through the following
process:
A selection committee consisting of key airport and city officials will screen the proposals
to determine whether they are responsive to the RFQ.
2. Selection Criteria contained in FAA Advisory Circular 15015100-14, as amended, will be
considered in the following order of importance:
a. Understanding and Recent Experience with similar projects(s)
b. Knowledge of FAA Standards and Policies
c. Interest in solicitation
d. References
e. Ability to meet schedules and keep work within the allocated budget.
f. Ability to regularly attend airport commission meetings
g. Qualifications of the project manager and consultants assigned to project(s)
h. Evidence that the consultant has made good faith efforts in meeting
Disadvantaged Business Enterprise (DBE) goals (49 CFR 26.53)
i. Ability to Furnish Qualified Inspectors for construction inspection if applicable
i. Current Workload
3. The selection committee will evaluate all pertinent information and will establish a list
from those firms submitting statements. Firms may be contacted for additional
information. The selection committee will forward 3-5 firms to the Iowa City Airport
Commission to conduct final interviews.
4. Selected firms may be asked to submit a copy of their most recent master agreement.
5. The Iowa City Airport Commission reserves the right to reject any and/or all proposals,
and to waive or decline to waive irregularities in any submittal.
The Iowa City Airport Commission is anticipated to schedule approval on December 12, 2024
Consultant should be prepared to begin contract negotiations for a master agreement.
Clarifications and Addenda
Any requests for clarification will be made in writing to the point of contact no later than 5:00 p.m.
October 18, 2024 Final Addenda will be issue no later than 5:00 pm, October 25, 2024
Selection Schedule
Distribution of Request for Proposals
October 1, 2024
Final Date for Submitting Written Requests for Clarification
October 18, 2024
Last Date for distribution of Addenda
October 25, 2024
Proposals Due
November 10, 2024
Finalist Interviews
December 12, 2024
Commission Selection
TBD
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024
Page 10 of 62
CITY OF IOWA
CITY
INVOICE LIST BY
GL ACCOUNT
YEAR/PERIOD:
ACCOUNT/VENDOR
INVOICE
PO
YEAR/PR TYP S
WARRANT
CHECK
DESCRIPTION
76850110
Airport
operations
76850110
436050
Registration
090102
PAYPAL
525463
0
2025 2 INV P
325.00
PCARD
P-Card invoice for
ACCOUNT TOTAL
325.00
76850110
438030
Electricity
010319
MIDAMERICAN
ENERGY
556185179
0
2025 2 INV P
497.25
081624
302340
Airport Energy Char
010319
MIDAMERICAN
ENERGY
556201387
0
2025 2 INV P
11.25
081624
50236
1801 S RIVERSIDE DR
010319
MIDAMERICAN
ENERGY
556237213
0
2025 2 INV P
1,235.52
081624
302340
Airport Energy Char
010319
MIDAMERICAN
ENERGY
556237607
0
2025 2 INV P
25.69
081624
50236
1801 S RIVERSIDE DR
010319
MIDAMERICAN
ENERGY
556237702
0
2025 2 INV P
288.33
081624
50236
1801 S RIVERSIDE DR
ACCOUNT TOTAL
2,058.04
76850110
438070
Heating Fuel/Gas
010319
MIDAMERICAN
ENERGY
556215623
0
2025 2 INV P
14.50
081624
50236
1801 S RIVERSIDE DR
010319
MIDAMERICAN
ENERGY
556237418
0
2025 2 INV P
17.31
081624
50236
1801 S RIVERSIDE DR
010319
MIDAMERICAN
ENERGY
556237607
0
2025 2 INV P
14.50
081624
50236
1801 S RIVERSIDE DR
ACCOUNT TOTAL
46.31
76850110
438100
Refuse Collection Charges
011001
ABC DISPOSAL
SYSTEMS
957359
0
2025 2 INV P
176.50
080924
50107
Refuse & Recycling
011001
ABC DISPOSAL
SYSTEMS
957360
0
2025 2 INV P
40.00
080924
50107
Refuse & Recycling
ACCOUNT TOTAL
216.50
76850110
442010
other Building R&M services
010856
JET AIR INC
IOW
IVI-24-004591
0
2025 2 INV P
678.00
081624
302311
Maintenance and Jan
ACCOUNT TOTAL
678.00
76850110
442060
Electrical & Plumbing R&M srvc
010856
JET AIR INC
IOW
IVI-24-004603
0
2025 2 INV P
184.63
081624
302311
Maintenance Reimbur
ACCOUNT TOTAL
184.63
76850110
443080
Other Equipment R&M services
010856
JET AIR INC
IOW
IVI-24-004603
0
2025 2 INV P
1,165.90
081624
302311
Maintenance Reimbur
ACCOUNT TOTAL
1,165.90
76850110
445030
Nursery Srvc-Lawn & Plant Care
010856
JET AIR INC
IOW
IVI-24-004591
0
2025 2 INV P
6,215.00
081624
302311
Maintenance and Jan
010856
JET AIR INC
IOW
IVI-24-004603
0
2025 2 INV P
105.99
081624
302311
Maintenance Reimbur
Report generated: 09/06/2024 16:20 Page 1
user: mtharp
Program ID: apinvgla
Airport Commission Agenda & Info Packet
CITY OF IOWA CITY Meeting Date: Sept 12, 2024 Page 11 of 62
INVOICE LIST BY GL ACCOUNT
ACCOUNT TOTAL
6,320.99
76850110
449120
Equipment Rental
016775
LRS PORTABLES LLC
IP29199
0
2025 2 INV P
200.00
081624
302326
Porto's for
Drive i
ACCOUNT TOTAL
200.00
76850110
452010
office supplies
010856
JET AIR INC IOW
IvI-24-004603
0
2025 2 INV P
12.03
081624
302311
maintenance
Reimbur
ACCOUNT TOTAL
12.03
76850110
455110
Software
092581
zoom.Us
525530
0
2025 2 INV P
21.99
PCARD
P-Card invoice
for
ACCOUNT TOTAL
21.99
76850110
466070
Other maintenance Supplies
010856
JET AIR INC IOW
IvI-24-004603
0
2025 2 INV P
82.65
081624
302311
maintenance
Reimbur
ACCOUNT TOTAL
82.65
ORG 76850110 TOTAL
11,312.04
*- END OF REPORT - Generated by Michael Tharp "
Report generated: 09/06/2024 16:20 Page 2
user: mtharp
Program ID: apinvgla
CITY OF IOWA CITY
INVOICE LIST BY GL ACCOUNT
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024
76850110
Airport
Operations
76850110
437041
sondingg & Other insurance
012284
PETROLEUM MARKETERS
8602487-24/25
0
2025 1 INV P
2,328.00
070524
300761
Annual UST Insuranc
ACCOUNT TOTAL
2,328.00
76850110
438100
Refuse Collection Charges
011001
ABC DISPOSAL SYSTEMS
946448
0
2025 1 INV P
40.00
071924
49501
July Refuse & Recyc
ACCOUNT TOTAL
40.00
76850110
442010
Other Building R&M Services
010856
JET AIR INC IOW
ivi-24-003715
0
2025 1 INV P
678.00
070524
300697
Groundskeeping & Ja
ACCOUNT TOTAL
678.00
76850110
443080
other Equipment R&M Services
013552
QT POD
1012-SP2024
0
2025 1 INV P
1,615.25
070524
300770
100LL - SS Kiosk -
013552
QT POD
1013-SP2024
0
2025 1 INV P
1,615.25
070524
300770
Jet A - SS Kiosk -
ACCOUNT TOTAL
3,230.50
76850110
445030
Nurser Srvc-Lawn & Plant Care
010856
JET AIR INC IOW
ivi-24-003715
0
2025 1 INV P
6,215.00
070524
300697
Groundskeeping & Ja
ACCOUNT TOTAL
6,215.00
76850110
445110
Testing services
010647
CENTRAL PETROLEUM EQ
50254
0
2095 1 INV P
604.00
080224
301787
Annual UST Testing
ACCOUNT TOTAL
604.00
76850110
449060
Dues & Memberships
016906
GREATER IOWA CITY
5543
0
2025 1 INV P
450.00
070524
300674
Annual Dues FY25
ACCOUNT TOTAL
450.00
76850110
455110
Software
092581
ZOOM.US
519575
0
2025 1 INV P
21.99
PCARD
P-Card invoice for
ACCOUNT TOTAL
21.99
ORG 76850110 TOTAL
13,567.49
END OF REPORT - Generated by Michael Tharp --
Report generated: 09/06/2024 16:19 Page 1
user: mtharp
Program ID: apinvgla
Airport Commission Agenda & Info Packet
CITY OF IOWA CITY Meeting Date: Sept 12, 2024 @see of 62
YEAR-TO-DATE BUDGET REPORT
FY2024 BUDGET - AUGUST DETAIL
••
76850110 321910
Misc Permits &
0
0
0
.00
.00
.00
.0%
76850110 331100
Federal Grants
0
0
0
.00
.00
.00
.0%
76850110 363910
Misc sale of Me
0
0
0
.00
.00
.00
.0%
76850110 369100
Reimb of Expens
0
0
0
.00
.00
.00
.0%
76850110 369900
Miscellaneous o
0
0
0
.00
.00
.00
.0%
76850110 381100
Interest on Inv
0
0
0
1,396.58
.00
-1,396.58
100.0%*
76850110 382100
Land Rental
-47,000
0
-47,000
-10,234.46
.00
-36,765.54
21.8%*
2025/02/080002
08/01/2024 GBI
-10,188.86
REF
LAND RENT
76850110 382200
Building/Room R
-320,000
0
-320,000
-51,244.26
.00
-268,755.74
16.0%*
2025/02/080292
08/19/2024 GBI
-25,622.13
REF
76850110 382300
Equipment Renta
-1,500
0
-1,500
-157.50
.00
-1,342.50
10.5%*
2025/02/080963
08/30/2024 CRP
-80.00
REF 4782834
OTHER
76850110 384100
Telephone Commi
0
0
0
.00
.00
.00
.0%
76850110 384200
vending Machine
0
0
0
.00
.00
.00
.0%
76850110 384900
other Commissio
-72,000
0
-72,000
-19,401.15
.00
-52,598.85
26.9%*
20Z5/OZ/080963
08/30/2024 CRP
-8,088.15
REF 478Z835
OTHER
76850110 392100
Sale of Land
0
0
0
.00
.00
.00
.0%
Report generated: 0%06/2024 16:22 Page 1
user: mtharp
Program ID: glytdbud
Airport Commission Agenda & Info Packet
CITY OF IOWA CITY Meeting Date: Sept 12, 2024-
YEAR-TO-DATE BUDGET REPORT
FY2024 BUDGET - AUGUST DETAIL
of 62
ACCOUNTS
FOR:
ORIGINAL
7600
Airport
APPROP ADJSTMTS
BUDGET
YTD ACTUAL ENCUMBRANCES
BUDGET
USE/COL
76850110
392300
sale of Equipme
0
0
0
.00
.00
.00
.0%
76850110
392400
Gain/Loss on Sa
0
0
0
.00
.00
.00
.0%
76850110
393120
General Levy
0
0
0
.00
.00
.00
.0%
76850110
393910
NisC Transfers
0
0
0
.00
.00
.00
.0%
76850110 411000 Perm Full Time 86,200
2025/02/080209 08/09/2024 PRJ 3,257.60 REF 080324
2025/02/080680 08/23/2024 PRJ 3,257.60 REF 081724
76850110 412000 Perm Part Time 0
76850110 413000 Temporary Emplo 0
0 86,200 11,121.60
0 0 .00
0 0 .00
00 75,078.40 12.9%
WARRANT=080324 RUN=1 BIWEEKLY
WARRANT=081724 RUN=1 BIWEEKLY
.00 .00 .0%
.00 .00 .0%
76850110 414500
Longevity
Pay
0
0
0
.00
.00
.00 .0%
76850110 421100
Health Insuranc
9,200
0
9,200
1,466.60
.00
7,733.40 15.9%
2025/02/080209
08/09/2024
PRJ
366.65
REF 080324
WARRANT=080324
RUN=1 BIWEEKLY
2025/02/080680
08/23/2024
PRJ
366.65
REF 081724
WARRANT=081724
RUN=1 BIWEEKLY
76850110 421200
Dental Insuranc
400
0
400
67.08
.00
332.92 16.8%
2025/02/080209
08/09/2024
PRJ
16.77
REF 080324
WARRANT=080324
RUN=1 BIWEEKLY
2025/02/080680
08/23/2024
PRJ
16.77
REF 081724
WARRANT=081724
RUN=1 BIWEEKLY
76850110 421300
Life Insurance
200
0
200
31.80
.00
168.20 15.9%
2025/02/080680
08/23/2024
PRJ
15.90
REF 081724
WARRANT=081724
RUN=1 BIWEEKLY
76850110 421350
Group Life
- Im
0
0
0
.00
.00
.00 .0%
76850110 421400
Disability
Insu
300
0
300
49.42
.00
250.58 16.5%
2025/02/080680
08/23/2024
PRJ
24.71
REF 081724
WARRANT=081724
RUN=1 BIWEEKLY
76850110 422100
FICA
6,600
0
6,600
837.37
.00
5,762.63 12.7%
2025/02/080209
08/09/2024
PRJ
245.14
REF 080324
WARRANT=080324
RUN=1 BIWEEKLY
2025/02/080680
08/23/2024
PRJ
245.40
REF 081724
WARRANT=081724
RUN=1 BIWEEKLY
Report generated: 0%06/2024 16:22 Page 2
user: mtharp
Program ID: 9lytdbud
Airport Commission Agenda & Info Packet
CITY OF IOWA CITY Meeting Date: Sept 12, 2024
YEAR-TO-DATE BUDGET REPORT
FY2024 BUDGET - AUGUST DETAIL
76850110 423100
IPERS
8,100
0
8,100
1,049.89
.00
7,050.11
13.0%
2025/02/080209
08/09/2024 PRJ
307.52 REF 080324
WARRANT=080324
RUN=1
BIWEEKLY
2025/02/080680
08/23/2024 PRJ
307.52 REF 081724
WARRANT=081724
RUN=1
BIWEEKLY
76850110 424900
Other Post Empl
0
0
0
.00
.00
.00
.0%
76850110 431020
court costs & S
0
0
0
.00
.00
.00
.0%
76850110 432020
Annual Audit
900
0
900
.00
.00
900.00
.0%
76850110 432030
Financial Servi
0
0
0
.00
.00
.00
.0%
76850110 432050
Appraisal Servi
0
0
0
.00
.00
.00
.0%
76850110 432080
other Professio
0
0
0
.00
.00
.00
.0%
76850110 435055
Mail & Delivery
0
0
0
.00
.00
.00
.0%
76850110 435056
Delivery Servic
0
0
0
.00
.00
.00
.0%
76850110 435057
couriers
0
0
0
.00
.00
.00
.0%
76850110 435060
Legal Publicati
0
0
0
.00
.00
.00
.0%
76850110 436030
Transportation
750
0
750
.00
.00
750.00
.0%
76850110 436050
Registration
Soo
0
Soo
325.00
.00
175.00
65.0%
2025/02/081006
08/21/2024 API
325.00 VND 090102 vcH
PAYPAL
P-Card
invoice for statement
c
76850110 436060
Lodging
Soo
0
Soo
.00
.00
500.00
.0%
76850110 436070
Miscellaneous T
0
0
0
.00
.00
.00
.0%
of 62
Report generated: 09/06/2024 16:22 Page 3
user: mtharp
Program ID: glytdbud
Airport Commission Agenda & Info Packet
CITY OF IOWA CITY Meeting Date: Sept 12, 2024
YEAR-TO-DATE BUDGET REPORT
FY2024 BUDGET - AUGUST DETAIL
of 62
ACCOUNTS FOR:
ORIGINAL
7600 Airport
APPROP
ADJSTMTS
BUDGET
YTD ACTUAL
ENCUMBRANCES
BUDGET
USE/COL
76850110 436080
Meals
100
0
100
.00
.00
100.00
.0%
76850110 437010
comp Liability
9,000
0
9,000
15,313.32
.00
-6,313.32
170.1%"
76850110 437020
Fire & Casualty
24,400
0
24,400
-78.00
.00
24,478.00
-.3%
76850110 437030
worker's comp x
2,100
0
2,100
.00
.00
2,100.00
.0%
76850110 437041
Bonding & other
4,000
0
4,000
2,328.00
.00
1,672.00
58.2%
76850110 437200
Loss Reserve Pa
3,000
0
3,000
.00
.00
3,000.00
.0%
76850110 438010
stormwater Util
19,800
0
19,800
3,157.44
.00
16,642.56
15.9%
2025/02/080677
08/21/2024 CRP
1,578.72
REF C -82124
2025
UB UB
76850110 438030
Electricity
10,000
0
10,000
1,360.14
.00
8,639.86
13.6%
2025/02/080343
08/16/2024 API
25.69
VND 010319
VCH
MIDAMERICAN
ENERGY
1801 S
RIVERSIDE
DR
50236
2025/02/080343
08/16/2024 API
288.33
VND 010319
VCH
MIDAMERICAN
ENERGY
1801 S
RIVERSIDE
DR,
50236
2025/02/080343
08/16/2024 API
11.25
VND 010319
VCH
MIDAMERICAN
ENERGY
1801 S
RIVERSIDE
DR,
50236
2025/02/080371
08/05/2024 APi
497.25
VND 010319
VCH
MIDAMERICAN
ENERGY
Airport
Energy Charges
302340
2025/02/080371
08/05/2024 API
1,235.52
VND 010319
VCH
MIDAMERICAN
ENERGY
Airport
Energy Charges
302340
76850110 438050
Landfill use
200
0
200
.00
.00
200.00
.0%
76850110 438070
Heating Fuel/Ga
5,000
0
5,000
55.84
.00
4,944.16
1.1%
2025/02/080343
08/16/2024 API
14.50
VND 010319
VCH
MIDAMERICAN
ENERGY
1801 S
RIVERSIDE
DR
50236
2025/02/080343
08/16/2024 API
14.50
VND 010319
VCH
MIDAMERICAN
ENERGY
1801 S
RIVERSIDE
DR
50236
2025/02/080343
08/16/2024 API
17.31
VND 010319
VCH
MIDAMERICAN
ENERGY
1801 S
RIVERSIDE
DR,
50236
76850110 438080
sewer Utility C
1,800
0
1,800
303.58
.00
1,496.42
16.9%
2025/02/080677
08/21/2024 CRP
203.42
REF C -82124
2025
UB UB
76850110 438090
water utility C
4,300
0
4,300
345.84
.00
3,954.16
8.0%
2025/02/080677
08/21/2024 CRP
222.37
REF C -82124
2025
UB UB
Report generated: 0%06/2024 16:22 Page 4
user: mtharp
Program ID: 9lytdbud
of 62
CITY OF IOWA CITY
YEAR-TO-DATE BUDGET REPORT
FY2024 BUDGET - AUGUST DETAIL
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024
76850110 438100
Refuse Collecti
2,800
2025/02/080142
08/01/2024 API
40.00
VND 011001
VCH
2025/02/080142
08/01/2024 API
176.50
VND 011001
VCH
76850110 438110
Local Phone ser
200
76850110 438120
Long Distance S
0
76850110 442010
Other Building
13,600
2025/02/080374
08/13/2024 API
678.00
VND 010856
VCH
76850110 442020
Structure R&M S
800
76850110 442030
Heating & Cooli
2,000
76850110 442040
cooling Equipme
0
76850110 442060
Electrical & P1
5,000
2025/02/080374
08/13/2024 API
184.63
VND 010856
VCH
76850110 442070
Bldg Pest Contr
0
76850110 443050
Radio Equipment
0
76850110 443080
Other Equipment
10,000
2025/02/080374
08/13/2024 APT
1,165.90
VND 010856
VCH
76850110 444060
Cable & Electri
0
76850110 445030
Nursery srvc-La
50,000
2025/02/080374
08/13/2024 API
6,215.00
VND 010856
VCH
2025/02/080374
08/13/2024 API
105.99
VND 010856
VCH
0 2,800
256.50
.00 2,543.50
9.2%
ABC DISPOSAL
SYSTEMS Refuse & Recycling Pickup & Di
50107
ABC DISPOSAL
SYSTEMS Refuse & Recycling Pickup & Di
50107
0 200
.00
.00 200.00
.0%
0 0
.00
.00 .00
.0%
0 13,600
1,356.00
.00 12,244.00
10.0%
JET AIR INC
IOW
Maintenance
and Janitorial ser
302311
0 800
.00
.00 800.00
.0%
0 2,000
.00
.00 2,000.00
.0%
0 0
.00
.00 .00
.0%
0 5,000
184.63
.00 4,815.37
3.7%
JET AIR INC
IOW
Maintenance
Reimbursement
302311
0 0
.00
.00 .00
.0%
0 0
.00
.00 .00
.0%
0 10,000
4,396.40
.00 5,603.60
44.0%
JET AIR INC
IOW
Maintenance
Reimbursement
302311
0 0
.00
.00 .00
.0%
0 50,000
12,535.99
.00 37,464.01
25.1%
JET AIR INC
IOW
Maintenance
and Janitorial ser
302311
JET AIR INC
IOW
Maintenance
Reimbursement
302311
Report generated: 0%06/2024 16:22
user: mtharp
Program ID: glytdbud
Page 5
of 62
CITY OF IOWA CITY
YEAR-TO-DATE BUDGET REPORT
FY2024 BUDGET - AUGUST DETAIL
Airport Commission Agenda 8 Info Packet
Meeting Date: Sept 12, 2024
76850110
445080
snow and ice Re
26,700
0
26,700
.00
.00
26,700.00
.0%
76850110
445100
Towing
0
0
0
.00
.00
.00
.0%
76850110
445110
Testing service
1,500
0
1,500
604.00
.00
896.00
40.3%
76850110
445140
outside Printin
0
0
0
.00
.00
.00
.0%
76850110
445230
other operating
1,000
0
1,000
313.02
.00
686.98
31.3%
76850110
446010
Administrative
0
0
0
.00
.00
.00
.0%
76850110
446100
City Attorney C
8,100
0
8,100
675.00
.00
7,425.00
8.3%
76850110
446120
ITS-Server/Stor
300
0
300
37.08
.00
262.92
12.4%
76850110
446130
ITS-PC/Peripher
15,900
0
15,900
1,198.00
.00
14,702.00
7.5%
76850110
446140
ITS -Capital Rep
0
0
0
.00
.00
.00
.0%
76850110
446150
ITS -Application
0
0
0
.00
.00
.00
.0%
76850110
446160
ITS-Infrastuctu
9,000
0
9,000
.00
.00
9,000.00
.0%
76850110
446190
TTS-Software SA
200
0
200
19.55
.00
180.45
9.8%
76850110
446200
Photocopying Ch
600
0
600
50.00
.00
550.00
8.3%
76850110
446220
Phone service C
0
0
0
.00
.00
.00
.0%
76850110
446300
Phone Equipment
1,500
0
1,500
119.75
.00
1,380.25
8.0%
Report generated: 09/06/2024 16:22 Page 6
user: mtharp
Program ID: glytdbud
of 62
CITY OF IOWA CITY
YEAR-TO-DATE BUDGET REPORT
FY2024 BUDGET - AUGUST DETAIL
76850110 446320 Mail chargeback 200
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024
76850110 446350
City vehicle Re
37,700
2025/02/081003
08/31/2024 GNI
3,233.15 REF TL
76850110 446360
city Vehicle Re
0
76850110 446370
Fuel chargeback
4,700
2025/02/081003
08/31/2024 GNI
328.22 REF TL
76850110 446380
vehicle R&M Cha
15,800
2025/02/081003
08/31/2024 GNI
2,488.73 REF TL
76850110 448040
city sponsored
0
76850110 449055
Permitting Fees
400
76850110 449060
Dues & Membersh
1,000
76850110 449120
Equipment Renta
0
2025/02/080374
08/13/2024 API
200.00 VND 016775 VCH
76850110 449280
Mist services &
0
76850110 449350
Meals (non-trav
0
76850110 449360
Interest Expens
0
76850110 449370
Depreciation Ex
0
76850110 452010
office supplies
100
2025/02/080374
08/13/2024 API
12.03 VND 010856 VCH
0 200
.00
.00
200.00
.0%
0 37,700
6,466.30
.00
31,233.70
17.2%
AUG REPLACEMENT
COST
0 0
.00
.00
.00
.0%
0 4,700
620.07
.00
4,079.93
13.2%
AUG DIVISION
FUEL
0 15,800
2,953.87
.00
12,846.13
18.7%
AUG DIVISION
SERVICE
0 0
.00
.00
.00
.0%
0 400
.00
.00
400.00
.0%
0 1,000
450.00
.00
550.00
45.0%
0 0
200.00
.00
-200.00
100.0%*
LRS PORTABLES LLC
Porto's for Drive
in Movie Nig
302326
0 0
.00
.00
.00
.0%
0 0
.00
.00
.00
.0%
0 0
.00
.00
.00
.0%
0 0
.00
.00
.00
.0%
0 100
12.03
.00
87.97
12.0%
JET AIR INC
IOW
Maintenance Reimbursement
302311
Report generated: 0%06/2024 16:22
user: mtharp
Program ID: 91ytld
Page 7
of 62
CITY OF IOWA CITY
YEAR-TO-DATE BUDGET REPORT
FY2024 BUDGET - AUGUST DETAIL
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024
76850110
452030
minor office Eq
0
0
0
.00
.00
.00
.0%
76850110
452040
sanitation & In
0
0
0
.00
.00
.00
.0%
76850110
454020
subscriptions
1,000
0
1,000
.00
.00
1,000.00
.0%
76850110
455110
software
400
0
400
21.99
.00
378.01
5.5%
2025/02/081006
08/21/2024 API
21.99 VND 092581 VCH
zoOM.US
P-Card invoice
for
statement
c
76850110
455120
Misc computer H
0
0
0
.00
.00
.00
.0%
76850110
461040
Other Agricultu
0
0
0
.00
.00
.00
.0%
76850110
461050
Other Agricultu
0
0
0
.00
.00
.00
.0%
76850110
466040
Plumbing Suppli
0
0
0
.00
.00
.00
.0%
76850110
466050
Electrical supp
0
0
0
.00
.00
.00
.0%
76850110
466070
Other Maintenan
700
0
700
82.65
.00
617.35
11.8%
2025/02/080374
08/13/2024 API
82.65 VND 010856 VCH
JET AIR INC IOW
Maintenance
Reimbursement
302311
76850110
467020
Equipment R&M S
1,000
0
1,000
.00
.00
1,000.00
.0%
76850110
467160
other vehicle R
100
0
100
.00
.00
100.00
.0%
76850110
468030
Asphalt
100
0
100
.00
.00
100.00
.0%
76850110
468050
Sand
100
0
100
.00
.00
100.00
.0%
Report generated: 09/06/2024 16:22 Page 8
user: mtharp
Program ID: glytdbud
of 62
CITY OF IOWA CITY
YEAR-TO-DATE BUDGET REPORT
FY2024 BUDGET - AUGUST DETAIL
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024
76850110
469040
Traffic cntrl 1
400
0
400
.00
.00
400.00
.0%
76850110
469190
Minor Equipment
500
0
500
.00
.00
500.00
.0%
76850110
469200
Tools
500
0
500
.00
.00
500.00
.0%
76850110
469210
First Aid/safet
300
0
300
.00
.00
300.00
.0%
76850110
469260
Fire Ext & Refi
0
0
0
.00
.00
.00
.0%
76850110
469290
Purchases For R
0
0
0
.00
.00
.00
.0%
76850110
469320
miscellaneous s
0
0
0
.00
.00
.00
.0%
76850110
469360
Food and Bevera
0
0
0
.00
.00
.00
.0%
76850110
469999
PCard Reconcili
0
0
0
.00
.00
.00
.0%
76850110
473010
Contracted impr
0
0
0
.00
.00
.00
.0%
76850110
473020
Non -Contracted
0
0
0
.00
.00
.00
.0%
76850110
474240
Tractors
25,000
0
25,000
.00
.00
25,000.00
.0%
76850110
475010
Furniture & Off
0
0
0
.00
.00
.00
.0%
76850110
476070
PC Hardware
0
0
0
.00
.00
.00
.0%
76850110
490040
Capital Project
0
0
0
.00
.00
.00
.0%
76850110
490150
Operating subsi
0
0
0
.00
.00
.00
.0%
Report generated: 09/06/2024 16:22 Page 9
user: mtharp
Program ID: glytdbud
Airport Commission Agenda & Info Packet
,Tieeting.. -Sept, . .,:CITY OF IOWA CITY,. m u r i I
• �8 tyler e'p ,,,i.,tion
YEAR-TO-DATE BUDGET REPORT
FY2024 BUDGET - AUGUST DETAIL
FOR JOURNAL DETAIL TO
ACCOUNTS FOR: ORIGINAL TRANFRS REVISED AVAILABLE PCT
7600 AirDort APPROP ADJSTMTS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL
76850110 490190 Interfund Loan 0 1 1 11 1 11 1'.
76850110 362100 120 Contrib & Do 0
76850110 473010 120 Contracted I 0
1
76850110
432080
651
Other Profes
0
76850110
436030
651
Transportati
0
76850110
436060
651
Lodging
0
76850110
437010
651
Comp Liabili
0
76850110
438100
651
Refuse colle
0
2025/02/080142
08/01/2024 API
40.00 VND 011001 VCH
2025/02/080142
08/01/2024 API
176.50 VND 011001 VCH
76850110
445140
651
outside Prin
0
76850110
449100
651
Vehicle Rent
0
76850110
449120
651
Equipment Re
0
2025/02/080374
08/13/2024 API
200.00 VND 016775 VCH
0 0 .00 .00 .00 .0%
0 0 .00 .00 .00 .0%
0 0
.00
.00
.00
.0%
0 0
.00
.00
.00
.0%
0 0
.00
.00
.00
.0%
0 0
.00
.00
.00
.0%
0 0
.00
.00
.00
.0%
ABC DISPOSAL
SYSTEMS Refuse
& Recycling Pickup
& Di
50107
ABC DISPOSAL
SYSTEMS Refuse
& Recycling Pickup
& Di
50107
0 0
.00
.00
.00
.0%
0 0
.00
.00
.00
.0%
0 0
.00
.00
.00
.0%
LRS PORTABLES
LLC Porto's
for Drive in Movie
Nig
302326
Report generated: 0%06/2024 16:22
user: mtharp
Program ID: 91ytld
Page 10
Airport Commission Agenda & Info Packet
CITY OF IOWA CITY Meeting Date: Sept 12, 2024 ofsz
YEAR-TO-DATE BUDGET REPORT
FY2024 BUDGET - AUGUST DETAIL
••
ACCOUNTSFOR: ORIGINAL
7600 Airport APPROP ADJSTMrS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL
76850110 465010 651 other Fluids 0 0 0 .00 .00 .00 .01
76850110 469320 651 Miscellaneou 0 0 0 .00 .00 .00 .0%
76850110
363910
652
Misc
sale of 0
76850110
432080
652
other
Profes 0
76850110
437010
652
Comp
Liabili 0
76850110 438100
652 Refuse Colle
0
2025/02/080142
08/01/2024 API
40.00
VND 011001
VCH
2025/02/080142
08/01/2024 API
176.50
VND 011001
VCH
76850110 445140
652 outside Prin
0
76850110 449120
652 Equipment Re
0
2025/02/080374
08/13/2024 API
200.00
VND 016775
VCH
76850110 466070
652 other Mainte
0
2025/02/080374
08/13/2024 API
82.65
VND 010856
VCH
76850110 469290
652 Purchases Fo
0
76850110 469360 652 Food and Bev 0
76850110 466070 907 other Mainte 0
2025/02/080374 08/13/2024 API 82.65 VND 010856 VCH
0
0
.00
.00
.00
.0%
0
0
.00
.00
.00
.0%
0
0
.00
.00
.00
.0%
0
0
.00
.00
.00
.0%
ABC
DISPOSAL
SYSTEMS Refuse
& Recycling Pickup &
Di
50107
ABC
DISPOSAL
SYSTEMS Refuse
& Recycling Pickup &
Di
50107
0
0
.00
.00
.00
.0%
0
0
.00
.00
.00
.0%
LRS
PORTABLES
LLC Porto's
for Drive in Movie Nig
302326
0
0
.00
.00
.00
.0%
JET
AIR INC IOW Maintenance
Reimbursement
302311
0
0
.00
.00
.00
.0%
0
0
.00
.00
.00
.0%
0 0 .00 .00 .00 .0%
JET AIR INC IOW Maintenance Reimbursement 302311
Report generated: 0%06/2024 16:22
user: mtharp
Program ID: 91ytld
Page 11
Airport Commission Agenda & Info Packet
CITY OF IOWA CITY Meeting Date: Sept 12, 2024
YEAR-TO-DATE BUDGET REPORT
FY2024 BUDGET - AUGUST DETAIL
of 62
ACCOUNTS FOR: ORIGINAL
7600 Airport APPROP ADJSTMTS
BUDGET
YTD ACTUAL
ENCUMBRANCES
BUDGET USE/(OL
TOTAL Airport operations -3,950
0
-3,950
-9,353.04
.00
5,403.04 236.8%
TOTAL Airport -3,950
0
-3,950
-9,353.04
.00
5,403.04 236.8%
TOTAL REVENUES-440,500
0
-440,500
-79,640.79
.00
-360,859.21
TOTAL EXPENSES 436,550
0
436,550
70,287.75
.00
366,262.25
Report generated: 0%06/2024 16:22
user: mtharp
Program ID: 91ytld
Page 12
Airport Commission Agenda & Info Packet
CITY OF IOWA CITY Meeting Date: Sept 12, 2024 of 62
YEAR-TO-DATE BUDGET REPORT
FY2024 BUDGET - AUGUST DETAIL
GRAND TOTAL -3,950
0 -3,950-9,353.04
** END OF REPORT - Generated by Michael Tharp **
00 5,403.04 236.8%
Report generated: 0%06/2024 16:22 Page 13
user: mtharp
Program ID: 91ytld
Airport Commission Agenda & Info Packet
CITY OF IOWA CITY Meeting Date: Sept 12, 2011 24 of 62
YEAR-TO-DATE BUDGET REPORT
FY2024 BUDGET - AUGUST DETAIL
Field # Total Page Break
Sequence 1 1 Y Y
Sequence 2 9 Y N
sequence 3 12 N N
sequence 4 0 N N
Report title:
YEAR-TO-DATE BUDGET REPORT
Includes accounts exceeding 0% of budget.
Print totals only: N
Print Full or Short description: F
Print full GL account: N
Format type: 1
Double space: N
Suppress zero bal accts: N
Include requisition amount: N
Print Revenues -Version headings: N
Print revenue as credit: Y
Print revenue budgets as zero: N
Include Fund Balance: N
Print journal detail: Y
From Yr/Per: 2025/ 2
To Yr/Per: 2025/ 2
Include bud et entries: Y
Incl encumb/liq entries: Y
Sort by 7E # or PO #: 7
Detail format option: 1
Include additional IE comments: N
Multiyear view: D
Amounts/totals exceed 999 million dollars: N
Find criteria
Field Name Field value
org 76850110
object
Project
Rol up code
Account type
Account status
Year/Period: 2025/ 2
Print MTD Version: N
Roll projects to object: Y
carry forward code: 1
Report generated: 0%06/2024 16:22 Page 14
user: mtharp
Program ID: glytdbud
Project Name
2025
Terminal Building Remodel/Reconstruction
HVAC UPDATE
2026
Runway 7/25 Pavement Repairs
Runway 12130 Pavement Repairs
Terminal Building Remodel/Reocnstruction
Airport Solar
2027
Airport Apron Expansion
2028
Airport Apron Expansion
Taxiway Maintenance - Seal/Crack Repairs
2029
Fuel Storage Tank Fill Cabinet Replacement
Airport Commission Agenda?& InfoPacket
L025 Mte: Sentrough"M29 Page 27 of 62
Capital Improvement Plan
Iowa City, IA
Projects By Year
Department Project # Project Cost
AiWrt 'A3478 700,000
Airport •ANEW3 325,000
Total for 2025 1,025,000
Airport •A3474 300,000
Airport •A3475 167,000
Airport •A3478 7,500,000
Airport 'A3481 465,545
Total for 2026 8.432,545
Airport •A3473 800,000
Total for 2027 800.000
Airport 'A3473 650,000
Airport 'ANEW1 300,000
Total for 2028 950,000
Airport 'ANEW4 470,000
Total for 2029 470,000
GRAND TOTAL 11,677,545
Produced Using Plan -It CIP Software
Airport Commission Agenda R Info Packet
Meeting Date: Sept 12, 2024
Page 28 of 62
Prnnnecrt Airnr,M
ranital Plan
Bt512024
Estimated
Available
Entitbmed
6umme
RORR
202]
2024
ROBS
Total
AIP
50
$0
$150,000
$150,000
$300,000
BIL°
$0
§0
$13.122
§194,000
§I01.122
FFY 2022 AIP Entitlement will expire
in FFY 2025
r FFY 2025 AIP Nonprimary Entitlement unknown pending legislation - $150,000 is assumed far planning
BIL Allotment is recalculated each fiscal year (previous Fire
amount assumed for planning)
seem
Share for
Project
Phase
(Typically
90% of
Estimated
Planned
Eligible
Total Project
Project
city Site
LOe Project Description
Runway
FFY
Cost)
Cost
NPR Phase
Project Remarks Details
Iowa LOy Iowa City Mudidpal
IOW
No projects planned at Me. time
Future Projects
Reseamesurfae,
Jetm repair joint replace crack fill an want Neff of
Runway Pavement
71E5
O
S M1,090
$ 290,000
81
Runway 07-25..
Reseal/Resurface
Runway Pavement
12130
0
S 162.000
S 180,000
81
Joint repair joint replace crack fill on Runway 12-30
Snow mmoval egWpmed, Typically limited to ore carrier
Acquire Snow
wands+ Waderbro end per FAA Order 5100.38D Tare M-
RemovalEquipment
0
$ 337,950
S 375,500
n
1 d(2). Must meet Buy Amended requirements
Rneal Taxiway
Pavement
0
S 270.000
$ 300.000
26
Crack repair joint fill a parallel and connector Miss,
Etera Expand
Extent the 09 eat of Runway 02-25(213xl Wh and add
Runway
M5
0
S 2,565,000
$ 2,850,000
75
woman. Include phase 1 and 2
Install Runway Visual
Guidance System
12130
O
$ 112,500
$ 125,000
25
Install PAPis(no exispng VGSI on this crosswind runway)
Current AIP generally limits parliciiewon fair penmeter
fencing to available NPE funds for NEW 5 stand barbed
Install Perimeter
wire or 5' woven -wire fence with manual prod per FAA
Fencing
O
It 99,000
$ 110,000
n
OMer5100.381) Table L-g r
Parallel taxiway for 121M (40Wx25 ADG-II TDG-2).
Includes grading paving and MITI. Constructed in
Construct Taxiway
0
$ 1,944.000
$ 2,160.000
11
phases. Cost includes both phases.
Reconstruct t4ar or tandenes(1601 PCI-40a ADG
Reconstruct Texilane
0
$ 470,800
3 532,000
67
I TDG1Af
Construct Apron
O
$1.870.110
$ 2.017,900
61
New south GA area- site development (15000 so, ym)
Expand treneient parking around terminal (10000 sal ydo)
to add Be downs and support fueling. "' DOES NOT
INCLUDE REMOVAL OF FUEL SYSTEM'" Mae
includes outlets for harpers This cost includes Phase 1
Expand Apron
0
S 1,152,000
S 1,280,000
63
$2.
ConstructTexilane
0
$ 87.255
$ 96,950
61
Taxilanes for new t-hangars [STATEILOCAL FUNDS].
Tadlaa construction far new hangars. [STATEAJOCAL
Comajdat Texilane
0
$ 360,000
$ 400,000
61
FUNDS.
Construct Service
Road
0
S 247,500
$ 275,000
51
Perimeter said.
Constuc6Expand
Building to Muse eligible SRE. Storage buildup for AIP
Snow Removal
i ire show removal equipment. SRE buildings are
EquipmntBuiliitp
O
$ 882.000
$ 980,000
51
limited to 1600 so, fl per FAA Order 5100.38D Table C-3
jBIL ATP Request - WILL DO ONLY IF SELECTED]
Construct Terminal
0
S6,21LYY
$ 6900,000
49
NEPA needs to be done.
Construct Airport
Orain,WEmaign
Improve drainage at hdure south hangar development
Control
0
$ 1.912.590
$ 2.125,100
43
site.
South GA Area access road and parking lot Per FAA
Order 5100200 Table P-3.,Ub, &Table C-2 (2). any
Construct Service
section of Me must which does net serve airport
Road
0
S 238.950
$ 265.500
40
traffic exclusively is Ineligible
Construct/Expand
Expand experg wroacblle parking let (STATELOCAL
Terminal Perking tat
O
It III
$ 98,000
38
FUNDS).
Conslructhxpand
Terminal Parking Let
0
$ 556.200
$ 618,000
38
New auto parking lot for terminallh$near area
6 unit -hanger. Per FAA Order 5101 Table 0-3 f.
hangar projects may M eligible at r emaimary airports
using entitlemen6. The sponsor must make adequate
Cwhu2ExpaM
provisions for fireaddne higher priority airmid drojwse Nat
Hanger
0
$ MIM
$ 700,000
26
are currently required before this revenutroreducing work
10 unit t-hangar Per FAA Order 5100.380 Table 0-3 f.
hangar protects may be eligible at ranpriers, wall
sing entitlements. The sponsor must make adequate
ConstructlExpand
provisions for financing higher priority airf eld preach; that
Hangar Other projects may be ogle bu6may99pe8
aBcip".MOave
f"irg available in tWehl*b"
{Iplead peAad this revenue -producing work
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024
Farmers
National
Company
January 24,2024
CITY OF IOWA CITY
IOWA CITY AIRPORT COMD
MUNICIPAL AIRPORT
1801 S RIVERSIDE DRIVE #D
IOWA CITY IA 52246
2024 Farm Lease
73948 - 0
Page 29 of 62
P.O. Box 1488
Iowa City, IA 52244
(319)338-4471
www.FarmersNational.com
(402) 496-FARM (3276)
Enclosed, please find a copy of your new written lease for the period beginning March 1, 2024.
This lease reflects the terms and conditions that were discussed and approved by you with your
farm manager. The lease document has been reviewed by our legal counsel and no updates have
been made. The document fully complies with current lease law.
One of the requirements of the lease is for your operator to carry a minimum of $1,000,000 liability
insurance coverage. This provision is for your benefit as well as your operator's, and it is our
policy to obtain proof of insurance.
Your rights to hunt or fish on the property are retained by you. Should you decide to lease these
rights to another party, a separate lease may be negotiated. In that case, a separate liability
insurance policy would be required.
If you have any questions about any provisions in the lease, please let me know.
Thank you for the opportunity to represent you.
Farm Manager: JOHN YEOMANS
Enclosure
Airport Commission Agenda & Info Packet
DocuSign Envelope ID: EEC89E2E-5DFB42D0-B5A9-7B4B041 FWAing Date: Sept 12, 2024 Page 30 of 62
FarmersFarm and Ranch Management * Real Estate Sales • Auctions • Appraisals
.., Insurance . Consultations • Oil & Gas Management • Forest Resource Management
National
National HuntingLeases " FNCAgStock
Company FARM LEASE AND SECURITYAGREEMENT
CASH RENT
THIS FARM LEASE AND SECURITY AGREEMENT (the "Lease") is entered into by and
between Farmers National Company ("AGENT"), hereinafter acting as the Farm Manager for CITY OF
IOWA CITY, the owner of the subject real estate or its authorized representative, ("OWNER") (Agent and
Owner are collectively referred to herein as the "MANAGER"), and JCS FAMILY FARMS C/O
ROBERT SLADEK AND/OR CARRIE SLADEK, 4670 TAFT AVENUE SE, IOWA CITY, IA, 52240
("OPERATOR").
AGREEMENT:
NOW, THEREFORE, in consideration of the mutual covenants of the parties hereto and other
good and valuable consideration, it is hereby agreed as follows:
1. Lease of Property. MANAGER leases to OPERATOR solely for farming purposes in accordance
with the Crop Plan (defined below) the following described real property (the "Property"):
FARMLAND BELONGING TO IOWA CITY AIRPORT COMMISSION. CITY OF IOWA
CITY, IOWA LOCATED IN SEC. 16, 20, 21, 22, TWP 79N. RGE 6W OF THE 5TH P.M.,-
JOHNSON . County, State of Iowa, containing approximately 127 acres, excepting there from all
rights to hunt, fish, trap or otherwise take or harvest fish and game upon the Property, all of which
rights (including the right to Lease) are reserved to MANAGER, its successors and assigns.
2. Term. The term of this Lease shall begin on 03/01/2024 and shall end on 02/28/2025 without
notice of any type being required of MANAGER, unless expressly required by applicable state
law. Provided, however, that MANAGER may earlier terminate this Lease at any time upon
OPERATOR's failure to timely pay the full amount of any rent due hereunder or any other default
by OPERATOR of its obligations under this Lease.
3. Rent. OPERATOR shall pay cash rent ("Cash Rent") to MANAGER, as follows:
$38,000.00 FOR 108.00 +/- TILLABLE ACRES AND ALL AVAILABLE HAY GROUND.
HAY GROUND AND OTHER AREAS INSIDE THE AIRPORT FENCE ARE TO BE
HARVESTED AND/OR MOWED AT LEAST TWICE DURING THE GROWING SEASON,
OR AS DIRECTED BY FARM MANAGER.
OPERATOR AND OPERATOR EMPLOYEES MUST BE ABLE TO COMMUNICATE
DIRECTLY WITH AIR TRAFFIC CONTROL AND BE ABLE TO LISTEN TO AIRCRAFT
RADIO TRAFFIC FOR TAKE OFFS AND LANDINGS AT ALL TIMES WHILE
PERFORMING AGRICULTURAL OR MOWING OPERATION INSIDE THE AIRPORT
FENCE. OPERATOR IS TO NOTIFY FBO BEFORE PERFORMING ANY AGRICULTURAL
OR MOWING OPERATION.
OPERATOR AGREES TO REMOVE ALL HAY BALES FROM AIRPORT PROPERTY
IMMEDIATELY AFTER BALING. BALES LEFT ON AIRPORT PROPERTY AFTER BALING
ARE SUBJECT TO A $5.00 PER BALE PER DAY CHARGE. OPERATOR AGREES TO PAY
REMOVAL COSTS OF ANY ABANDONED HAY BALES.
FARM# 73948-0 AtRPORT
DocuSign Envelope to: EEC89E2E-5DF6a42D9-a5A9-7134mission Agenda & Info Packet
Mee mg Date: Sept 12, 2024 Page 31 of 62
I :1 •_ l• JI •\: I �
is I
CASH RENT IS DUE AS FOLLOWS:
03/01/2024 $38,000.00
PROVIDED, HOWEVER, IF ALL OF THE RENT DUE HEREUNDER IS PAID IN FULL ON
OR BEFORE 03/01/2024, OR IF THE OPERATOR HAS PROVIDED THE MANAGER WITH
A SATISFACTORY AND ENFORCEABLE LETTER OF CREDIT SECURING ANY
REMAINING RENT DUE HEREUNDER, THE PROVISIONS OF PARAGRAPHS 15
THROUGH 19, BELOW, SHALL NOT APPLY.
Cash Rent shall be paid on the dates set forth herein, without further notice from MANAGER to
OPERATOR. Cash Rent not paid when due shall bear interest from its due date until paid, at the
rate of 18% per annum, or the highest rate allowed by the laws of the state where the Property is
located, whichever is less. OPERATOR agrees to pay a service charge of $25 for any returned or
insufficient funds check. OPERATOR will not be entitled to abate Cash Rent for any reason.
4. Crop Plan, All crops will be planted, and all cropping practices conducted, in accordance with a
written crop plan mutually agreed upon by MANAGER and OPERATOR ("Crop Plan"). The
Crop Plan may be agreed upon subsequent to the execution of this Lease in which case it shall
hereby be incorporated into and made a part of this Lease. The Crop Plan shall be agreed upon
prior to OPERATOR's planting of any crops on the Property. In the event OPERATOR fails to
agree to a Crop Plan acceptable to MANAGER, as determined in MANAGER's sole discretion,
MANAGER shall have the option to terminate this Lease by written notice to OPERATOR in
which event OPERATOR shall have no further rights under this Lease.
5. Taxes, OWNER agrees to pay all taxes, assessments, or other public charges levied or assessed
by lawful authority against the Property. OPERATOR agrees to pay all personal property taxes,
assessments or other public charges levied or assessed by lawful authority against OPERATOR's
personal property during the term of the Lease.
FARM# 73948-0 AIRPORT
Rev. 5-2021 Page 2
DocuSign Envelope ID: EEC69E2E- DFB-42D0-B5A9.7B4e0� eemission Agenda Info Packet
ting Date: Sept 12,2024 Page 32 of 62
Farm Programs. OPERATOR agrees to enroll and participate in the federal farm program
created under the current Agricultural Act administered by the United States Department of
Agriculture (herein the "USDA") or the Farm Service Agency (herein the "FSA'), and to comply
with all regulations thereof, including, but not limited to, executing all required documents,
providing all information required by said agencies, certifying all acreages and maintaining the
Property as required. Any reallocation or revision of crop base acreage or established yields shall
require the written. approval of MANAGER —AGENT does not warrant or guarantee that OWNER
will receive. anyprogram payments or benefits: Participation by OPERATOR, in other programs
administered by the USDA, the FSA, or other federal,.state or local government agencies on the
Property shall be at the option of MANAGER, as determined in MANAGER's sole discretion.
Except as expressly provided in this Paragraph above, OPERATOR shall not enroll the Property,
or any portion thereof, in any governmental program without the prior written consent of
MANAGER, which consent may be withheld in MANAGER's sole and absolute discretion.
When participation in such programs is approved by MANAGER in accordance with this
Paragraph, OPERATOR agrees to comply with all regulations thereof. OPERATOR shall, for any
governmental regulation requiring exact acreages and acreage reports to governmental agencies,
have the subject area measured by the proper authorities, at OPERATOR's sole cost and expense
and shall advise MANAGER in writing of all measurements performed. Any division of payments
shall be in conformity with applicable governmental laws and regulations. It is mutually
understood and agreed that if OPERATOR (a) receives any advance government program
payments for the farm year covered by this Lease or any subsequent year, and (b) fails or refuses
to comply with the terms and conditions of this Lease, or the applicable governmental programs,
and (c) is terminated by MANAGER as OPERATOR under this Lease for any reason, in
MANAGER's sole discretion, then OPERATOR agrees to immediately return all of the advanced
government program payments. As determined by the applicable government agency, the
payments shall either be returned to such government agency, or paid to the new tenant to whom
the Property is leased for the applicable farm year.
•• •• ••• •• :•' • •' u•I►MORRIS VIA Ink,1111-63 Waal
8. Agricultural Chemicals and Manure. OPERATOR agrees that the amounts of fertilizer, lime,
and other agricultural chemicals to be applied will be in accordance with the Crop Plan agreed to
with MANAGER. OPERATOR agrees to haul out and distribute, as agreed with MANAGER, any
manure and/or compost suitable to be used, and to apply at the proper time and in the proper
manner all fertilizers and agricultural lime. Further, OPERATOR will, upon request, provide
MANAGER with receipts, sale tickets, application records, and other documentation showing the
use or application of all agricultural chemicals to which state, federal or local record keeping
requirements apply. OPERATOR shall be responsible for all costs of purchasing, transporting,
and applying manure, fertilizers, and agricultural lime, except as otherwise agreed herein or in
writing by MANAGER.
OPERATOR AGREES TO APPLY LIME IN SUFFICIENT AMOUNT TO MAINTAIN A
WITH THE INTERVALS NOT TO EXCEED FOUR YEARS BETWEEN TESTS AND TO
FURNISH COPIES TO THE FARM MANAGER UPON REQUEST. THIS SHALL APPLY
UNLESS OTHERWISE STATED IN THE AG CHEMICALS SECTION.
FARM# 73948-0 AIRPORT
Rev. 5-2021 Page 3
DocuSlgn Envelope to: EEC89E2E-5DFB-42D0-B5A9-7B4�" mission Agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 33 of 62
OPERATOR SHALL APPLY CROP REMOVAL RATES OF ALL SOIL NUTRIENTS AND
PROVIDE DOCUMENTATION OF ALL CROP INPUTS TO FARM MANAGER,
LIMESTONE WILL BE APPLIED AT OPERATOR'S EXPENSE AND PRORATED OVER
THREE (3) YEARS. DOCUMENTATION OF APPLICATION MUST BE GIVEN TO FARM
MANAGER AT THE TIME OF APPLICATION.
9. Progeny Condition. OPERATOR acknowledges and agrees that MANAGER will deliver the
Property to OPERATOR in an "AS. IS" condition. MANAGER is not making and has not at any
time made any warranties or representations of any kind or character, express or implied, with
respect to the Property, including, but not limited to, any warranties or representations as to
habitability, merchantability, fitness for a particular purpose, title, physical or environmental
condition of the Property, productivity, remaining useful life or variety of any grass or other farm
crops previously or presently planted on the Property, the actual number of acres or property
corners or boundaries of the Property, the suitability, quality or quantity of the Property, or the
existence of any governmental approvals. OPERATOR has inspected the Property and is satisfied
that it is suitable for the purposes of this Lease. OPERATOR waives all rights or causes of action
for latent or hidden defects. MANAGER does not warrant condition of the Property or any
improvements thereon situated and OPERATOR specifically accepts same in its present condition
and agrees to indemnify, defend and hold MANAGER harmless from any and all claims for injury
or injuries, or damage, resulting out of the condition of the Property, latent or patent, of whatever
kind or character and as further set forth in the indemnity provisions of this Lease.
10. Assignment and Subleasing. OPERATOR may not assign this Lease or any interest therein to
any other person or entity, or sublease all or any part of the Property without the prior written
consent of MANAGER, which consent may be withheld at MANAGER's sole discretion. Any
attempted assignment of this Lease or sublease of the Property without MANAGER's prior
written consent shall be void and of no force and effect. For the avoidance of doubt, in addition to
any explicit attempt to assign this Lease or sublease the Property, an attempted assignment of this
Lease shall be deemed to have taken place when all or substantially all of the agricultural
operations are performed by hired labor or by one or more third parties hired by OPERATOR to
perform agricultural operations on a custom basis ordinarily to be performed by OPERATOR.
11. Right to Enter. MANAGER, its agents, assigns, lessees, or contractors shall have the right to go
upon the Property at any time to inspect the same or to make repairs or improvements thereon, or
for any other purposes incidental to the management of the Property. MANAGER, its lessees,
agents, assigns or contractors shall also have the right to go upon the Property to fall till, or
develop the Property for irrigation, to install conservation structures, to seed or sow any grain or
grass thereon or to hunt, fish, trap or otherwise take or harvest fish and game from the Property.
12. Litigation, In the event of default by OPERATOR resulting in MANAGER employing an
attorney for the purpose of enforcing any provision of this Lease or regaining possession of the
Property, OPERATOR agrees to pay MANAGER's reasonable attorney's fees and expenses on
demand. Delinquent payments shall draw interest at the default rate referred to in Paragraph 3
above.
13. Default. All covenants and agreements contained in this Lease are declared to be conditions of
the Lease for the term demised to OPERATOR. Should OPERATOR default in the performance of
any covenant, condition or agreement contained herein, MANAGER may terminate the Lease as
provided herein, and/or bring an action for damages, specific performance, or other suitable legal
or equitable remedies in a court of competent jurisdiction. Any waiver or failure by MANAGER
to strictly enforce any provision of this Lease shall not be deemed to restrict or limit
MANAGER's ability to strictly enforce said provision at any time thereafter.
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14. Failure to Perform / Right of Entrv. OPERATOR agrees that if it fails to diligently perform any
duty or activity provided for hereunder for the proper operation and management of the Property
at the proper time, or in the proper manner, or if OPERATOR fails to follow the Crop Plan or
assigns this Lease or subleases the Property in whole or in part, without MANAGER's consent,
MANAGER may, after giving OPERATOR at least three (3) days written notice, personally
delivered to OPERATOR, or sent to OPERATOR's last known address by U. S. Mail, postage pre-
paid, either (a) declare this Lease to be terminated and take immediate possession of the Property,
and/or (b) enter upon the. Property in person.or by agent or contractor and perform the necessary
duties and activities which OPERATOR should have performed, and MANAGER shall add all
expenses incurred therewith and any and all damages resulting from OPERATOR's failure to
perform, including, but not limited to, any damages with respect to crop prices, yields, etc, to the
Cash Rent to be paid hereunder, the same to be immediately due and bear interest until paid at the
default rate set forth under Paragraph 3 above.
15. Financial Statement. OPERATOR agrees to furnish MANAGER a statement showing
OPERATOR's current financial position upon request of MANAGER.
16. Insolvency of OPERATOR. The insolvency of OPERATOR, a receiver being appointed to take
possession of all or substantially all of the Property of OPERATOR, the filing of a voluntary or
involuntary bankruptcy proceeding or the making of a general assignment for the benefit of
creditors by OPERATOR shall, to the extent allowed by law, entitle MANAGER to terminate the
Lease and immediately re-enter and regain possession and operation of the Property.
17. Sale and Removal of Crops. OPERATOR agrees and acknowledges that, until the scheduled
Cash Rent payments due hereunder have been paid and are not delinquent, and all of the grain has
been delivered, MANAGER shall have Property rights in the crops produced on the Property, and
therefore OPERATOR covenants and agrees not to sell, remove or encumber any of the crops
raised on the Property during the term of this Lease until the Cash Rent due hereunder has been
fully paid or MANAGER has given OPERATOR written consent to such sale, removal, or
encumbrance.
18. Security Interest. As security for the Cash Rents and other payments and obligations due
hereunder, OPERATOR hereby grants MANAGER a security interest in all crops growing or to be
grown, on the Property, on all harvested crops now owned or hereafter acquired by OPERATOR,
wherever stored, grown, or produced, on the Property, on all Iivestock kept or pastured on the
Property, and on all proceeds of such crops and livestock. The security interest granted herein
shall extend to and cover all warehouse receipts issued by any warehouse as evidence of the
delivery and storage of crops. It shall.also extend to�general intangibles, accounts, and rents, issues
and profits, and farm program payments or entitlements of every type. The security interest shall
also extend to any proceeds recovered under insurance policies covering the crops. OPERATOR
agrees to execute any and all documents required to grant this security interest and perfect an
enforceable lien for the benefit of MANAGER. OPERATOR shall furnish MANAGER a list of
buyers, commission merchants, and selling agents to or through whom OPERATOR may sell
crops growing or to be grown on the Property.
19. Warranty of OPERATOR. OPERATOR expressly warrants and guarantees to MANAGER that
any security interest granted to MANAGER is a first security interest,, prior and. paramount to any
and all other security interests pertaining to the Property covered thereby, including, but not
limited to those that may have been granted to a lender, machinery or equipment provider, or crop
input provider. OPERATOR further agrees that if this warranty and guaranty is breached,
OPERATOR will promptly obtain such releases, waivers or subordinations from other secured
parties as may be required to provide MANAGER with a first security interest, and upon failure to
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do so, MANAGER may, in addition to any other remedy it may have hereunder, immediately
terminate this Lease and enter into full possession of the Property and seek any and all legal or
equitable remedies available to MANAGER, including, but not limited to, those remedies set forth
in Paragraph 13 hereof.
20.OPERATOR'S Contribution, Accounting. OPERATOR agrees: (a) to follow the agricultural
practices that are currently recommended for, and that are best adapted to this type of Property and
crops, and this locality, unless other practices are expressly agreed upon in writing with
MANAGER; (b) to furnish all labor and equipment necessary to operate the Property; (c) to
promptly complete a "harvest results" card, and return it to MANAGER within 48 hours following
delivery of MANAGER'S harvested grain, if any; and (d) to reimburse MANAGER for any loss
experienced by MANAGER as a result of OPERATOR's failure to provide the harvest results to
MANAGER as required under (c), above. Despite any provision herein to the contrary,
OPERATOR shall provide, at its own cost and expense, complete and accurate yield
documentation to MANAGER within two (2) weeks following harvest of each crop grown on the
Property. Yield documentation under this Paragraph shall be in the form of scale tickets, yield
monitor data, or actual grain bin measurements. OPERATOR's failure to provide the information
required by this Paragraph shall be considered to be a material default of the terms of this Lease.
21. Care of Property. OPERATOR agrees that it will: (a) cultivate and otherwise operate the
Property in a professional workmanlike manner, and in accordance with the Crop Plan and
generally recognized and approved agricultural practices; (b) when so directed, farm on the
contour, or use minimum tillage or no tillage agricultural practices; (c) operate the Property in
conformity with appropriate soil and water conservation practices, and in such a way as to
maintain and if possible enhance soil productivity; (d) operate the Property in conformity with all
required or applicable conservation plans or programs, including but not limited to those subject to
the jurisdiction of USDA, FSA and EPA and their related agencies; (e) continuously stave to
enhance environmental quality and protect the natural resource base by ensuring the use of sound,
safe, and legal practices and by preventing wastefulness in the use of resources on the Property;
and (f) keep the Property clean and free of trash, rubbish, refuse, dead animals and waste.
22. Environmental Compliance. OPERATOR warrants that: (a) it is knowledgeable of the Federal,
State and Local laws and regulations pertaining to the operation of the Property with regard to
matters of environmental compliance, and the protection and preservation of soil, water and other
natural resources; (b) it will operate the Property in full compliance with all such laws, and will
notify MANAGER immediately of any accidents, problems, conditions or occurrences on the
Property which may threaten compliance with such laws or regulations, or which may result in
liability or damage being imposed upon the AGENT or OWNER; (c) all fertilizers, agricultural
chemicals, petroleum products and hazardous or toxic wastes or substances in, on, or affecting the
Property will be handled, used, stored, contained, transported, applied, removed and/or disposed
of in accordance with all applicable laws, regulations, manufacturer's directions and labeling;
(d) it is knowledgeable of the Worker Protection Standard adopted by EPA, and it will see that the
requirements of the Standard are adhered to in regard to the use and application of agricultural
chemicals on the Property; and (e) it will promptly complete any Environmental Questionnaires or
other requests for environmental information solicited by MANAGER.
23. Machinea and Equipment. OPERATOR shall be responsible for providing the machinery and
equipment necessary, for planting, cultivating and harvesting the crops, and for any other
agricultural operations incidental to operating the Property, covered by this Lease. All costs of
purchasing, renting, leasing, and operating the machinery and equipment, including the cost of
custom operations, shall be paid by OPERATOR, except as otherwise specified herein.
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24. Weed Control. OPERATOR agrees to keep the cultivated areas clean and free from weeds and
further agrees to cut or spray weeds, trees and shrubs growing in the fence rows and non -crop
areas, as are necessary to keep these areas neat and presentable, All costs involved in controlling
weeds shall be paid by OPERATOR except as otherwise specified herein. OPERATOR agrees to
mow the roadsides as often as necessary to present a neat appearance or as directed by
MANAGER
25. Insect and Disease Control: OPERATOR agrees to carry out all approved practices for the
control and eradication of corn borer, rootworm, and other crop insects, pests and diseases, as may
be necessary, at OPERATOR's 'own cost, unless otherwise specified herein, or in writing by
MANAGER.
26. Crop Handling. If applicable, OPERATOR shall be responsible for the costs of handling crops
raised on the Property, unless otherwise agreed herein or in writing by MANAGER For purposes
of this Paragraph, "handling" shall include, but shall not be limited to placing crops in storage
facilities located on the Property, hauling to a grain elevator or other facility selected by
MANAGER, andsuch other,handling services as required from time to time by MANAGER
27. Straw and Stalks. OPERATOR agrees not to burn any stacks, straw, stalks, or stubble, or to
remove any straw or stalks from the Property, unless otherwise expressly agreed herein, or in
writing by MANAGER.
28. Improvements. OPERATOR agrees to perform ordinary maintenance tasks and will otherwise
properly maintain all buildings, tile lines, fences, irrigation equipment, water systems and other
improvements on the Property, and shall yield them up to MANAGER at the end of the Lease
term in as good order and condition as at the beginning thereof, normal wear and tear excepted.
OPERATOR further agrees to provide labor and to haul such materials as may be necessary for
said maintenance, and to provide the labor and materials necessary to make minor repairs to said
improvements that are or may be due as a result of ordinary wear and tear. OPERATOR shall be
solely responsible for the cost of making repairs to improvements which have been damaged or
destroyed because of OPERATOR's failure to maintain, or otherwise because of OPERATOR's
neglect, abuse, negligence, or lack of attention. It is mutually understood and agreed that
MANAGER shall not be obligated to replace any improvements lost or destroyed, regardless of
whether or not such loss was covered by insurance.
29. Fences. OPERATOR will maintain and remove existing fences located on the Property at the
request of MANAGER without charge for labor. In the event new fence is required as determined
by MANAGER in its sole discretion, compensation shall be paid to OPERATOR as provided for
elsewhere herein or otherwise agreed to in a separate written agreement.
30. Improvements Made by OPERATOR It is mutually understood and agreed between the parties
hereto that all buildings, fences and improvements of every kind and nature ("Improvements") that
may be erected upon the Property during the term of this Lease by OPERATOR shall inure to the
Property and become the Property of MANAGER unless permission to construct and remove the
same shall be obtained from MANAGER, in writing, prior to the construction of the
Improvements.
31. Insurance. OPERATOR shall carry the following types and minimum coverage of insurance: (a)
Worker's Compensation Insurance if required under the laws of the state where the Property is
located; (b) Commercial General Liability and/or Farm Liability Insurance, including Employer's
Liability, with respect to OPERATOR's use and occupancy of the Property and all operations
incidental thereto, with limits of not less than $1,000,000 per occurrence. OPERATOR may at the
option of MANAGER be required to name the OWNER and the AGENT as additional insureds.
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This insurance shall also provide contractual liability insurance covering the obligations assumed
by OPERATOR under the indemnity provisions under this Lease; (c) if required by MANAGER,
crop or crop/revenue insurance coverage. If crop or crop/revenue insurance is required, it will be
set forth in Paragraph 49, below. OPERATOR hereby certifies that all applicable insurance
coverages are currently in effect and will remain in effect and unchanged throughout the term of
this Lease and will provide a certificate of insurance to MANAGER.
32. Waiver of Subrogation. MANAGER and OPERATOR each hereby waives all claims for
recovery from the other for any loss or damage to any of its property insured under valid and
collectible insurance policies to the extent of any recovery collectible under such insurance,
subject to the limitations that this waiver shall apply only when permitted by the applicable policy
of insurance.
33.Indemnification, OPERATOR agrees to indemnify, defend and hold OWNER and the
MANAGER harmless from any and all claims, liability, loss, damage or expenses arising out of
OPERATOR's occupation and use of the Property, specifically including without limitation any
claim, liability, loss or damage arising: (a) by reason of the injury to person or property from
whatever cause (other than the gross negligence of intentional acts by MANAGER) while in, on or
near the Property or in any way connected with the Property or with the improvements or personal
property in or on the Property, including any liability for injury to the person or personal property
of OPERATOR its agents, employees, licensees or invitees; (b) by reason of any work performed
on the Property or materials famished on the Property at the instance of or request of
OPERATOR, its agents, employees, licensees or invitees, other than the gross negligence or
intentional acts by MANAGER, its agents or employees; (c) by reason of OPERATOR's failure to
perform any provision of this Lease or to comply with any requirement imposed upon it or on the
Property by any duly authorized governmental agency or political subdivision; provided that
OPERATOR shall not be responsible to comply with any requirements necessitating structural or
permanent improvements or changes to the Property; or (d) because of OPERATOR's failure or
inability to pay as they become due any obligation incurred by it in the agricultural or other
operations conducted by it on the Property. The provisions of the foregoing indemnification
agreement shall remain in effect following the termination of this Lease.
34.Independent Contractors. If OPERATOR employs independent contractors to perform any
work on the Property, or to conduct its farming operation, OPERATOR shall supervise the work
performed by such contractors and assure MANAGER that each contractor maintains in full force
and effect, at contractor's sole cost and expense, the kinds and amounts of insurance specified in
Paragraph .31 herein, and any other insurance MANAGER deems reasonably necessary or
desirable, under the circumstances.
35. Expiration of Term; Termination. Upon expiration of the term of this Lease, or upon
termination of the Lease prior to expiration of the term, OPERATOR covenants and agrees as
follows: (a) OPERATOR will promptly surrender possession of the Property to MANAGER or its
designee in as good order and condition as when the same was entered upon by OPERATOR, loss
by fire, acts of God, or ordinary wear and tear excepted; (b) OPERATOR will, prior to the
expiration or termination date, remove all of its grain, farm equipment, livestock, tools, supplies,
rubbish, and personal property of all types and description from the Property at its own cost and
expense; and (c) if OPERATOR should fail to deliver possession of the Property to MANAGER
or otherwise fails to comply with the terms of this Paragraph, MANAGER may at its option, take
such action as required by local law to obtain possession of the Property and to remove
OPERATOR's personal property, at OPERATOR's sole cost and expense, of charge OPERATOR
liquidated damages in the amount of $250 per day until possession has been delivered and
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OPERATOR's personal property has been removed, it being agreed that it would be difficult to
determine the actual amount of damages that may be suffered by MANAGER by reason of
OPERATOR's failure to yield possession, and that said liquidated damages are a reasonable
estimate of the actual damages that MANAGER would incur in such an event.
36. Binding ,Effect, Except as provided in Paragraph 41, and except as may be mutually agreed by
the patties, the provisions of this Lease shall be binding upon the heirs, executors, administrators,
and successors of both MANAGER and OPERATOR in like manner as upon the original parties.
The rights referred to herein shall not include subleasing or assignment as set forth above.
37. No Partnership, This Lease should not be construed as giving rise to a partnership, neither party
shall be liable for debts or obligations of the other, and OPERATOR has no authority to incur any
obligation on behalf of OWNER or AGENT.
38. Notices, Except as otherwise expressly provided by law, any and all notices or communications
required or permitted by this Lease or by law to be served on or given to either party hereto by the
other party shall be in writing and shall be deemed to be duly served and given when personally
delivered, or deposited in the United States Mail, First Class, postage pre -paid, addressed to the
party at its last known address.
39. Time of Essence. Time is expressly declared to be of the essence in this Lease.
40. Sale of PropertX OPERATOR acknowledges and agrees that OWNER may desire to sell the
Property between the time this Lease is made and entered into and the following January 1 st. If a
sale contract on the Property is entered into, and OPERATOR is notified in writing of the sale,
before such January 1st, OPERATOR agrees to terminate this Lease and to return full possession
of the Property to MANAGER. MANAGER agrees to reimburse OPERATOR for any labor or
inputs provided by OPERATOR in anticipation of the upcoming crop year. Reimbursement shall
be at a rate not in excess of the custom rates published by the local State University or County
Extension Office.
41. Death or Incapacity of OPERATOR OPERATOR agrees that this Lease is a personal services
contract with MANAGER, and that in the event of OPERATOR's death or disability prior to
commencement of farming operations or payment of all Cash Rent due hereunder, whichever
occurs first, this Lease shall, at MANAGER's option, not take effect and shall be null and void.
42. Termination - Compensation for Work Done. OPERATOR acknowledges and agrees that this
Lease will terminate on the date set forth under Paragraph 2 above, and that OPERATOR is not
authorized to provide labor or inputs of any kind in anticipation of growing crops to be harvested
following the termination date (e.g. wheat), without the prior written approval of MANAGER,
which may be withheld in MANAGERS's sole discretion. OPERATOR shall not be entitled to
reimbursement for labor or inputs voluntarily provided, without the prior written approval of
MANAGER, which may be withheld in MANAGERS'S sole discretion. Where such prior written
approval has been granted, reimbursement shall be at a rate not in excess of the custom rates
published by the local State University or County Extension Office.
43. Possession — Liability. MANAGER shall not be liable in damages for its failure to deliver
possession of the Property for any cause beyond its control
44. Extension of Term — Amendments. The parties hereto agree that no act of either party or both
parties hereunder shall be construed as an extension of this Lease or any change in its terms unless
the same is reduced to writing and signed by both parties.
45. Oil, Gas and Minerals. This Lease is subject to all oil, gas, mineral, or renewable energy Leases
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heretofore or hereafter executed by OWNER or its agents. OPERATOR agrees to allowing
exploration companies to enter upon the Property and make such exploration and drilling as may
be proper at any time upon agreement by the exploration companies to pay for all damages to
growing crops of OPERATOR and growing crops and Property of MANAGER. Upon request,
OPERATOR shall be notified by MANAGER of known or anticipated oil, gas or mineral
exploration activity.
46. General. It is mutually understood and agreed that the use of Global Positioning Technology or
any digital on-line platform on the Property is approved by the MANAGER. All information
gathered from the use of Global Positioning Technology or any digital on-line platform that the
OPERATOR is in possession of will be promptly delivered to the MANAGER upon request.
Additionally, this Lease shall be governed by the laws of the state in which the Property is located.
It is further recognized by the parties that certain form provisions of this Lease may not apply due
to the particular type of agricultural operation covered. Therefore, this Lease shall be understood
and interpreted in a manner consistent with the actual agricultural operation covered herein, and
the applicable laws of the state in which the Property is located.
47. Counterparts. This Lease may be signed in one or more counterparts, which when taken together,
shall constitute one and the same Lease. The parties may execute this Lease and exchange
counterparts by means of facsimile or electronic transmission and the parties agree that the receipt
of such executed counterparts shall be binding on the parties and shall be construed as originals.
48. Exclusion. Notwithstanding anything herein to the contrary, the following paragraphs are void and
are deemed to be not a part of this lease:
49, Miscellaneous Provisions.
OPERATOR WILL BE ALLOWED TO CONTRACT WITH SEED COMPANIES TO PLANT.
HARVEST, AND MANAGE AGRICULTURAL TEST PLOTS FOR RESEARCH, SHOW, AND
PROMOTIONAL PURPOSES.
•' •' • • 1 ate'•. •uu_-- •► .- .-'•.. ��:�: t :►I•
OPERATOR WILL BE ALLOWED TO USE THE MORMON TREK BLVD ENTRANCE GATE
FOR AGRICULTURAL OPERATIONS AND TEST PLOT PROMOTION PURPOSES.
ENTRANCE GATE IS TO BE CLOSED AND LOCKED IMMEDIATELY AFTER USE.
OPERATOR WILL BE ALLOWED TO PLACE TEST PLOT SIGNAGE. PROMOTIONAL
BANNERS) MAY BE USED TEMPORARILY FOR EVENTS INVOLVING AT LEAST FIVE
MEMBERS OF THE PUBLIC. ALL OTHER SIGNAGE MUST BE APPROVED BY AIRPORT
MANAGER AND/OR AIRPORT COMMISSION.
OPERATOR SHALL NOT DISCRIMINATE AGAINST ANY PERSON IN EMPLOYMENT OR
PUBLIC ACCOMMODATION BECAUSE OF RACE, RELIGION. COLOR. CREED. GENDER
IDENTITY. SEX, NATIONAL ORIGIN, SEXUAL ORIENTATION. MENTAL PHYSICAL
DISABILITY. MARITAL STATUS OR AGE. "EMPLOYMENT' SHALL INCLUDE BUT NOT
BE LIMITED TO HIRING. ACCEPTING. REGISTERING. CLASSIFYING, PROMOTING, OR
REFERRING TO EMPLOYMENT. "PUBLIC ACCOMMODATION" SHALL INCLUDE BUT
NOT BE LIMITED TO PROVIDING GOODS. SERVICES. FACILITIES. PRIVILEGES AND
ADVANTAGES TO THE PUBLIC.
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OPERATOR SHALL REPORT HARVEST YIELDS WITHIN TWO WEEKS OF HARVEST BY
TEXT MESSAGE OR EMAIL. AND PROVIDE FARM MANAGER WITH A COPY CROP
INSURANCE APH WHEN REQUESTED BY MANAGER SHOWING YIELD HISTORY
FROM PRIOR CROP YEARS.
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IN WITNESS WHEREOF, the parties hereto have entered into this Farm Lease and Security
Agreement as of the last date set forth below.
DISCLOSURE:
Farmers National Company, Farm Management AGENT for the OWNER, hereby discloses to
OPERATOR that: 1) it is acting as the agent of the OWNER, with the duty to represent the
O WNER's interest; 2) it is not, and will not be the agent of OPERATOR; and 3) information given
to Farmers National Company will be disclosed to the OWNER.
CE/omusign"W. r�� tl�,2,,r �i�. ' nn
JIiS FaAa U4 FIFAtS N bft Stµ 6 112312024 1 6:19 AM PST
4DEC39FD30DREl...
Operator. JCS FAMILY FARMS CIO ROBERT SLADEK Date
AND/OR CARRIE SLADEKI7894
Agent. FARMERS NATIONAL COMPANY
1/23/2024 1 8:39 AM CST
Date
The OPERATOR grants the AGENT and/or OWNER permission to receive a copy of the
FSA-578 (Crop Acreage Certification and Maps) for the Property and Tenn included in this
lease.
FARM# 73948-0 AIRPORT
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FNC Farm #73948
al Farm Name: Airport
Nation
Bruce Ahrens, Accredited Farm Manager
l� Company,.
Professional Management Services Agreement
General
This Professional Management Services Agreement "The Agreement") is entered into between Farmers
National Company, ("Farmers National"), and the Iowa City Airport Commission, ("Clients.")
Fanners National is a Nebraska Corporation whose corporate offices are located at 11516 Nicholas Street,
Suite 100, Omaha, Nebraska, 68154. The Clients are more fully identified on the Client Information sheet,
attached.
The property subject to this Agreement ("The Property") is described under the Legal Description,
attached.
The parties acknowledge and agree that the terms of this agreement may only be changed by the mutual
agreement of the parties, in writing. The parties also agree that whenever any of the information contained in this
Agreement, or any of its attachments, changes, they will promptly notify the other party in writing. The
notification of changes made to Farmers National shall be made to the Customer Service Department at the address
set forth above. The Agreement or the appropriate attachment(s) hbreto, shall be modified to reflect any such
changes. This agreement replaces contract that was signed in 1982 between Doane Western and the Iowa City
Airport Commission.
Exhibit "A" Antidiscrimination provision is attached and incorporated herein.
Professional Management Services
Farmers National is duly licensed and qualified to provide Professional Property Management Services for
the Clients_ The Clients desire Farmers National to provide such services under the terms and conditions set forth
herein. Such services shall include, but shall not necessarily be limited to those set out in the Professional
Management Services section, attached.
The parties acknowledge that this Agreement does not attempt to include all of the details relative to the
Professional Management Services provided to the Clients, but it is intended to provide a general understanding of
the duties and responsibilities of the parties.
Term of Agreement
This Agreement shall take effect on the date set forth below, and shall remain in full force and effect
thereafter until terminated in writing by either party, by giving the other party advance written notice of termination
between August I' and September 30te of any calendar year. Such notice shall cause the Agreement to be
terminated effective March I' of the following calendar year, unless otherwise mutually agreed between the parties.
If this Agreement is terminated by the Clients, they agree that, for a period of one year following the
effective date of termination, they will not directly or indirectly enter into a management agreement or similar
relationship with any employee or former employee of Farmers National. This limitation shall apply only to
employees or former employees of Farmers National who have personally participated in providing management
services to the Clients during the term of this Agreement.
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 43 of 62
Agency Relationship
It is mutually understood and agreed that the relationship between the Clients and Farmers National shall
be that of Principal and Agent. The Clients acknowledge having been provided with the Agency Relationship
Disclosure that accompanies this Agreement. The relationship of Principal and Agent shall be limited to the
particular Management Services contracted for hereunder. As so limited, the duties, responsibilities, and authorities
of the parties hereto shall be governed by the Laws of Principal and Agent in effect in the state where the Property
is located.
Management Fees
Management Fees will be based upon the type of management service selected by the Clients. There is a
flat fee arrangement for Tailored Management Professional Agricultural Services and a percentage fee arrangement
for Complete Professional Agricultural Management Services. The Clients shall designate the preferred
arrangement on the Management Fee schedule attached hereto, and incorporated herein.
Percentage Fees
The Clients agree to terms and conditions set forth in Attachment I if complete Professional Agricultural
Management Services is selected. Clients agree to pay Farmers National a base fee. Base fees are structured upon
the anticipated ongoing volume of management activities to be performed. The base fee to be paid by the Clients is
set out under the Complete Professional Agricultural Management Services attached.
The Clients agree to pay Farmers National percentage fees based on the gross farm income and are charged
in addition to the base fees. Percentage fees are charged and collected as income is received. All income is to be
paid directly to Farmers National so that it can be properly accounted for. Percentage fees are based upon the lease
type or operating arrangement utilized on the Property during the farm year, and is set out under the Complete
Management Services attached.
If this Agreement is terminated, the Clients agree to make a final percentage fee payment to Farmers
National, based upon the estimated inventories of crops and/or livestock as of the effective date of termination. The
final percentage fee shall be due and payable on or before the effective date of termination. In the event the
Property is sold and the transaction is closed during the term of this Agreement, management fees shall be prorated
to the date of closing.
Flat Fee
The Clients agree to the terms and conditions set forth in Attachment 2 if a Tailored Professional
Agricultural Management Service is selected:
The Clients agree to pay Farmers National an agreed upon flat fee to perform the specific agricultural services set
forth on the Tailored Agricultural Management Services sheet attached hereto and incorporated herein. The Clients
acknowledge that this fee is based upon an estimate of the time to be required in providing the services selected by
the Client, and the hourly rates determined by Farmers National.
A flat fee shall be determined for each farm year (March 1 to February 28) that this Agreement is in effect.
While the fee may remain the same for subsequent farm years, the Clients understand and acknowledge that
Farmers National may determine that a fee adjustment may be necessary for future farm years. If Farmers National
determines that an adjustment is necessary, they shall notify the Clients in writing, between August I" and
September 30'h. If the parties are unable to agree upon the fees to be charged during the upcoming farm year, this
agreement shall be terminated effective March I" of the following year. Flat fees shall be billed to the Clients, at
times mutually agreed upon between parties, and set forth on the Tailored Management Services schedule.
The Clients may add additional Tailored Management Services during the term of this Agreement. If they
do so, the parties will agree upon an additional flat fee to cover the additional services to be provided by Farmers
National.
-2-
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 44 of 62
Accounting
Farmers National will perform all of the accounting associated with the management of the Property, in
conformity with its usual and customary accounting practices, and in accordance with any specific guidance
provided by the Clients on the Special Accounting Instructions sheet, attached. Specialized or customized
accounting activities may be subject to an extra charge.
It is mutually understood and agreed that whenever Farmers National Company pays for items or services
that are needed for the management or operation of the Property, the Clients will promptly reimburse Farmers
National. With respect to major improvements, however, Farmers National shall confer with and obtain the prior
approval of the Clients before commencement of the project.
The Clients may provide for their funds to be held in an interest bearing trust account. If so desired, the
Clients shall execute the Interest Bearing Account Authorization Addendum form, attached.
If the Clients have directed Farmers National Company to utilize an interest bearing account in the
management of the Property, Farmers National may secure reimbursement for the costs of such items or services
from funds available in said account. If no such account is utilized, or if the funds in the account are insufficient to
cover the payments made, Farmers National will advise the Clients of the amount due on the accounting statement
sent to the Clients at the end of the month. The Clients will reimburse Farmers National for the full amount due
upon receipt of the statement. In the event that reimbursement is not received when due, the Clients agree to pay a
service charge to Farmers National.
Insurance
Farmers National Company realizes the importance of protecting the assets of our client's farm property
and one such protection is the procurement of a liability policy in the client's name. Therefore, the Client is
required to obtain (if not already in effect) a liability policy with a minimum $500,000 limit within thirty days of
the execution of this Agreement.
Declaration of Authority & Power of Attorney
The Clients, by executing this Agreement, grant the authorized employees of Farmers National access to
any relevant governmental records pertaining to the Property and germane to its professional management.
In addition, the authorized employees of Farmers National are authorized to act in the name, place, and
stead of the Clients with respect to the professional management of the Property. The authorized, employees of
Farmers National are vested with full power and authority to do and perform all actions necessary or appropriate to
the professional management of the Property. This shall include the execution, delivery and/or recording of any
leases, documents, forms, or other papers, as fully to all intents and purposes as the Clients might or could do, with
full power of substitution and revocation. The Clients ratify and confirm all that the duly authorized employees of
Farmers National lawfully do or cause to be done on behalf of the clients.
The Clients agree to give Farmers National any additional Powers of Attorney needed to professionally
manage the Property in the manner described herein. This may include, but is not limited to, Powers of Attorney
required by government agencies for participation in government programs.
Successors in Trust
This Agreement shall be binding upon the heirs, succe$sors, assigns, or personal representatives of the
parties hereto.
-3-
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024
Page 45 of 62
Effective Dates
This Professional Management Services Agreement is entered into and between the parties on January 26.2006_
Professional Management services shall commence on: I st day of March 2C 06
Legal Description of the Property
State: Iowa County: Johnson Approximate Acres: 219.4
Legal Description:
Cropland acres at the Iowa City Municipal Airport located in Sections 15, 16, 21, & 22. All Township 79
North — Range 6 West of the 5`s P. M.
Attachments:
This Professional Management Agreement provides the following services and fee arrangements for
the above property:
[ V ] Complete Professional Agricultural Management Services and Fees (Attachment 1)
[ ] Professional Hunting/Fishing Management and Fees (Attachment 3)
[ ] Professional Mineral Management and Fees (Attachment 4)
Addendums•
[ J ] Interest. Bearing Account Authorization (Addendum 1)
[ ] Special Accounting Instructions (Addendum 2)
] Principal Correspondent Designation (Addendum 3)
[ ] Other:
Clients
City of Iowa City
Signature:
Acceptance By Farmers National Company
Signature:
-4-
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024 1 Page 46 of 62
CLIENT INFORMATION
Type of Ownership: [ ] Single [ ] Multiple [ ] Corporate [ ] Partnership [ ] Trust
[ V ] Other: _Municipality
(For all Partnership, Corporatq & Trust Ownership: Please list each individual owner name & percent ownership for insurance purposes)
City of Iowa City 42-6004805 100%
Name Tax ID Number % of Ownership
Iowa City Airport Commission Municpal Aumrt Iowa City Iowa 52240
Address City State Zip Code
( ) (_319)356-5045 ( )
Home Phone Number Office Phone Number Fax Number
Email address
Name Social Security or Tax ID Number % of Ownership
(This number will be used for IRS reporting)
-5-
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024
Page 47 of 62
Agency Relationship Disclosure
It is mutually acknowledged between Farmers National and the Clients that Fanners National will act exclusively as the agent
of the Clients hereunder, and not as a Tenant's agent or dual agent. As such, Farmers National's duties and obligations shall be
as follows:
1. To perform the terms of the Professional Agricultural Services Agreement made with the Clients;
2. To exercise reasonable skill and care for the Clients;
3. To promote the interests of the Clients with the utmost good faith, loyalty, and fidelity, including:
a. Seeking rental terms which are acceptable to the Clients, except that FNC shall not be obligated to seek
additional offers to lease the property while the property is subject to a lease or letter of intent to lease;
b. Presenting all written offers to and from the Clients in a timely manner regardless of whether the
property is subject to a lease or a letter of intent to lease;
c. Disclosing in writing to the Clients all adverse material facts actually known by FNC; and
d. Advising the Clients to obtain expert advice as to material matters about which the FNC knows, but the
specifics of which are beyond the expertise of FNC;
4. To account in a timely manner for all money and property received;
5. To comply with all requirements of any applicable Real Estate License Act, and any rules and regulations
promulgated pursuant to such act; and
6. To comply with any applicable federal, state, and local laws, rules, regulations, and ordinances, including fair
housing and civil rights statutes and regulations.
Farmers National acting as the Clients' agent shall not disclose any confidential information about the Clients unless disclosure
is required by statute, rule, or regulation or failure to disclose the information would constitute fraudulent misrepresentation.
No cause of action for any person shall arise against Farmers National acting as Client's agent for making any required or
permitted disclosure.
Farmers National acting as Clients' agent owes no duty or obligation to a tenant, except that Farmers National shall disclose in
writing to any tenant all adverse material facts actually known by Farmers National. The adverse material facts may include
adverse material facts pertaining to:
1. Any environmental hazards affecting the property which are required by law to be disclosed;
2. The physical condition of the property;
3. Any material defects in the property;
4. Any material defects in the title to the property; or
5. Any material limitation on the Clients' ability to perform under the terms of the lease.
Farmers National owes no duty to conduct an independent inspection of the property for the benefit of the tenant and owes no
duty to independently verify the accuracy or completeness of any statement made by the Clients or any independent inspector.
Farmers National may show alternative properties not owned by the Clients to prospective tenants and may identify competing
properties for lease without breaching any duty or obligation to the Clients.
Farmers National may not designate or retain The services o: any other brokers as subagents, without the express written
consent of the Clients. Any such subagents so retained shall be compensated, if at all, by Farmers National, and not by the
Clients. Any designated broker who is acting as a subagent on the Clients' behalf shall be a limited agent with the obligations
and responsibilities set forth above.
The Clients acknowledge having been provided with any Agency Disclosure information prepared by the State Real Estate
Commission having jurisdiction in the state where the property is located, if providing such information to Clients is required.
Additional information specific to state regulation may be attached.
❑ Nebraska Real Estate Disclosure
❑ South Dakota Real Estate Disclosure
❑ Missouri Real Estate Disclosure
❑ Ohio Real Estate Disclosure
❑ Other:
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 48 of 62
-Attachment 1-
Complete Professional Agricultural Management Services
The Professional Agricultural Management Services that Farmers National will perform are as follows:
• Complete detailed analysis of farming operation and provide recommendations.
• Analyze applicable Government Farm Program considerations and provide recommendations.
• Develop an annual operating plan and budget including capital improvements, if applicable.
• Make recommendations regarding farm or ranch operators as needed.
• Analyze alternative lease types or operating arrangements.
• Negotiate and prepare an annual written lease or operating agreement.
• Prepare and implement necessary crop and/or livestock marketing plans.
• Conduct regular inspection visits to the farm and/or meetings with the operator followed by written reports.
• Provide financial reporting services including periodic and annual reports to the Clients.
Payment of Real Estate Taxes
❑ Farmers National to pay Real Estate Taxes from Client Account before they become due at no additional charge
® Client to pay.
Crop Marketing Directions
Unless otherwise directed by the Clients on a case -by -case basis, the Clients direct Farmers National to handle the marketing of
crops as follows:
❑ Market according to Farmers National's recommendations ❑ Sell crops at harvest.
❑ Consult with the Clients prior to sale 0 Do not handle marketing
The panles have mutually agreed to thefollowing additional arrangements relative to the services to be provided.,
Agricultural Services Management Fees
T'he Clients and Farmers National have agreed to the following Agricultural Services Management Fees:
1. Base Management Fee: $600 per year
2. Percentage Management Fees:
a. Cash Rent Lease -- 8% e. Custom Operating Agreement -- 8%
b. Bushel Rent Lease -- 9% f. Rental House -- 20%
c. Blended Share Lease -- 9% g. Sale of Previous Crop Inventory --5%
d. Crop Share Lease -- 10%
3. A minimum yearly fee of $1,000.00 shall be charged as part of the foregoing fees for each farm listed.
Base fees will be collected annually in February of each farm year this Agreement is in effect.
In cases where a Property is operated with multiple lease types and/or operating arrangements, Percentage
Management Fees shall be calculated based upon the dominant lease type in use on the farm during the farm year.
The dominant lease type shall be determined based upon where the majority of the farm income is derived. All
percentage fees will be taken as income is received.
Clients
City of Iowa City
Signature: J f Signature:
Acceptance By Farmers National Company
IL_
Signature C�N`-'r-
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 49 of 62
-Addendum 1-
Interest Bearing Account Authorization
This will be a pending account until money is received to open the account.
The Clients, by executing this authorization in the space provided below, direct Farmers National to deposit funds
drawn from income and moneys collected on their account into an interest bearing account. To the extent required
or allowed by law, the characteristics of the account shall be as follows:
I . None of the interest earned on the funds in the account shall belong to, or otherwise inure to the benefit of
Farmers National.
2. The funds in the account shall not be commingled with any funds of Farmers National.
3. The account shall be a demand type account.
4. The account shall be federally insured.
5. The account shall be open to audit or examination at all reasonable times.
6. Where required by applicable local law, Farmers National shall notify any appropriate regulatory agencies
of the existence of the account.
7. The account shall be designated and identified as a trust account.
The clients understand and agree that administrative fees may be charged by the financial institution handling the
account. The amount of any such fees shall be disclosed in advance to the client.
The client hereby requests and authorizes Farmers National to pay all expenses incurred in the professional
management of the Property out of Farmers National's non -interest bearing trust account.
The parties acknowledge that the foregoing provisions shall replace any previously executed Interest Bearing
Account Authorization.
Signature:
Clients
j� City of Iowa City
I
Signature:
This addendum pertains to the Agricultural Services Agreement entered into between the parties on
January 26 2006
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 50 of 62
Addendum 3
Principal Correspondent Designation
The Clients will identify certain matters that they desire to be specifically informed about, and will indicate to
Farmers National circumstances wherein they desire to be consulted prior to the making of final management
decisions. To accommodate these situations, the Clients wish to designate the following individual as the Principal
Correspondent. The parties acknowledge that the Principal Correspondent will then advise and consult with the
other Clients, and will communicate their decisions and recommendations to Farmers National.
Principal Correspondent: City of Iowa City I AB#400696
All Clients are to be sent routine periodic accounting statements, narrative reports, and other similar information,
except those identified below
Client:
Client:
Client:
In addition to the Clients, please send routine periodic accounting statements, narrative reports, and other similar
information to the following Additional Correspondents (Limit 3):
Additional Correspondent:
Address:
Phone: Email Address:
Additional Correspondent:
Address:
Phone: Email Address:
Additional
Phone: Email Address:
This addendum pertains to the Agricultural Services Agreement entered into between the parties on
ALJanuary 26, 2006
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024
Page 51 of 62
Farmers
National
MCompany
Serving Americas Landowners since 1929
December 11, 2013
CLIENT INFORMATION
ADDENDUM TO PROFESSIONAL
MANAGEMENT SERVICES AGREEMENT
Farm #73948 - Airport
John Yeomans, Accredited Farm Manager
This Agricultural Property Addendum shall be attached to and become a part of the Professional
Management Services Agreement dated January 26, 2006 between Farmers National Company
("FNC"), and The City of Iowa City. Iowa: Iowa City Airport Commission ("Client"). This
addendum shall add acres to management and correct the acres and legal description on the current
management agreement.
State: - Iowa
12.09f -
Further described as:
Outlot A, Westport Plaza-Parf2, in the Southwest comer of the SW'/4 Section 16 — Township 79 North —
Range 6 West of the 5a` P.M. Recorded in Plat Book 38, Page 357, Records of Johnson County, State of
Iowa
I M1 Deseri ation of the Total Farm Property
State: Iowa County: Johnson Approximate Acres: 139.09±
Further described as:
Farmland belonging to the Iowa City Airport Commission, City of Iowa City, Iowa, located in Sections 16, 20, 21,
and 22. Township 79 North — Range 6 West of the 5'h P.M.
ADDITIONAL INFORMATION: EfreMive Date: December 12, 2013
All other terms and services outlined in the Professional Management Services Agreement dated January 26 2006
remain valid.
AB#400696 — City of Iowa City. Iowa City Airport Commission is 100% owner of theprop=. The account
remains in the Farmers National Company Interest Bearing Account.
- Clie)ts sx7 S g), 1J Date Here
Signature: _'; Date:
i 'of owa CiTy, Iowa City Airport Conunission
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 52 of 62
T-HANGAR LEASE (2023-2024)
This T-HANGAR LEASE ("Lease") entered into by and between the Iowa City Airport Commission
("Commission") and ('Tenant') in Iowa City, Iowa.
In consideration of the mutual covenants contained herein, and for other good and valuable
consideration, the parties hereby agree as follows:
Lease of the Hangar Space.
The Commission hereby leases to Tenant hangar space in Hangar # (the
"Hangar Space") located at the Iowa City Municipal Airport (the "Airport") and described
as follows: T-hangar with a bifold door. The Hangar Space shall be used and occupied by
Tenant principally for the storage or construction of the following aircraft:
Aircraft Make & Model
Aircraft Registration Number
Aircraft Registered Owner Name
Registered Owner Home and Business Telephone Numbers
Email address of Tenant
Additional Aircraft Partners
Tenant shall promptly notify the Commission in writing of any change in the information
furnished above. Tenant may request permission to store a substitute aircraft in the
Hangar Space by making a written request to the Commission. In the event Tenant is
permitted to store a substitute aircraft in the Hangar Space, all provisions of this Lease
applicable to the Aircraft shall also be applicable to the substitute aircraft.
Tenant shall immediately notify the Commission upon sale of the aircraft listed above.
Tenant shall have 90 days from sale date to replace aircraft; after which the Commission
may terminate the lease.
Term.
The term of this Lease shall commence on October 1, 2023 and shall end on the last day
of the month of September 2024.
Provided Tenant is in compliance with all terms and conditions of this Lease, the
Commission acknowledges that Tenant will likely be offered another one-year lease at the
expiration of the term of this Lease, and Tenant acknowledges that rent will likely be
increased under the subsequent one-year lease. If Tenant does not intend to execute
another lease following the expiration of the term of this Lease, Tenant agrees to notify
the Commission 45-days prior to the expiration of the existing term in order to facilitate the
Commission in locating another tenant. In the event Tenant shall continue to occupy the
Hangar Space beyond the term of this Lease without executing a Lease for another 12-
month term, such holding over shall not constitute a renewal of this Lease but shall be a
month -to -month tenancy only.
Rent.
For use of the Hangar Space, Tenant shall pay the Commission the amount of
$ per month, payable in advance on the first day of each month. A 1.5%
late fee (which is $ per day) for rent not received by the Commission will be
charged after the fifteenth (15th) day of each month.
Airport Commission agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 53 of 62
5.
Home Built Fee. Tenant acknowledges the following: If the Tenant uses the Hangar
Space to construct an "amateur built/home built" aircraft, Tenant shall pay a "home built
fee" of $10.00 every month for electricity until the FAA issues an Airworthiness Certificate.
The fee is due regardless of the number of days that the Hangar Space is used for said
purpose in that particular month. Tenant shall make payment to the Commission by the
last day of the succeeding calendar month. "Amateur built/home built" aircraft is defined
as aircraft built by individuals and licensed by the Federal Aviation Administration (FAA)
as "Experimental" (The parties acknowledge that this definition is adopted from the EAA
web site www.eaa.org .)
Security Deposit.
At the time of execution of this Lease, Tenant shall pay to the Commission in trust the
sum of one month's rent to be held as a rental deposit. At the termination of the Lease,
the Commission shall return the deposit to the Tenant less any amounts due to repair
damage, conduct cleanup or owed to the Commission. If the Tenant renews the lease
each year, the deposit will be held over for the next year.
Use of the Hangar Space.
The Hangar Space shall be used primarily for storage or
construction of the Aircraft consistent with the Federal Aviation Regulations (FARs)
and the Minimum Standards. This provision is not to be construed as a prohibition
for storage of maintenance materials, cleaning materials, tools, parts, spares, and
other aircraft components.
Tenant may park his/her car in the Hangar Space during such time that Tenant is
using the Aircraft.
C. No commercial activity of any kind shall be conducted by Tenant in, from or around
the Hangar Space, without prior written approval of the Airport Commission as
specified in paragraph 25.
Tenant may perform maintenance, including painting, on aircraft described in
Paragraph 1 in accordance with FARS. Tenant shall not perform maintenance,
including painting, in any other hangar or anywhere on the airport. Tenant shall
take steps to ensure maintenance work will not damage the Hangar Space, Airport
or adjacent Hangar Space where the work is performed and will not emit offensive
odors.
Tenant shall be responsible and liable for the conduct of its employees and
invitees, and of those doing business with it, in and around the Hangar Space.
Tenant shall keep the Hangar Space clean and free of debris at all times.
In utilizing the Hangar Space during the term of this Lease, Tenant shall comply
with all applicable ordinances, rules, and regulations established by any federal,
state or local government agency.
Tenant shall dispose of used oil only in approved receptacles. Tenants may
dispose of batteries only in approved methods (trash and dumpsters are not
approved methods).
At no time shall Tenant start or run his/her Aircraft engine(s) within the Hangar or
Hangar Space.
Airport Commission 9genda & Info Packet
Meeting Date: Sept 12, 2024 Page 54 of 62
On the termination of this Lease, by expiration or otherwise, Tenant shall
immediately surrender possession of the Hangar Space and shall remove, at its
sole expense, the Aircraft and all other property therefrom, leaving the Hangar
Space in the same condition as when received, ordinary wear and tear excepted.
j. Tenant shall be liable for any and all damage to the Hangar or to the Hangar Space
caused by Tenant's use, including, but not limited to, bent or broken interior walls,
damage due to fuel spillage, or damage to doors due to Tenant's improper or
negligent operation.
6. Smokefree Air Act
Smoking is prohibited throughout the Iowa City Municipal Airport, including the Hangar
Space.
Rights and Obligations of Tenant.
Tenant shall have at all times the right of ingress to and egress from the Hangar
Space, except as provided in Paragraph 13. To ensure this right, the Commission
shall make all reasonable efforts to keep adjacent areas to the Hangar Space free
and clear of all hazards and obstructions, natural or manmade.
Tenant shall be responsible to maintain the interior of the Hangar Space to include
janitorial services, maintaining all interior lights, cleaning of stoppages in plumbing
fixtures and drain lines, cleaning of snow within two (2) feet of the apron adjoining
the Hangar Space, disposing of any debris or waste materials, and maintaining
any Tenant constructed structures and equipment. The Commission shall be the
sole judge of the due maintenance undertaken by the Tenant, and may upon
written notice, require specific maintenance work to be completed. If such
maintenance is not completed within a reasonable time period, the Commission
shall have the right to perform such due maintenance, and Tenant shall reimburse
the Commission for the cost of such maintenance upon presentation of a billing.
C. Tenant shall provide and maintain hand fire extinguisher for the interior of the
Hangar Space of the building in accordance with applicable safety codes. Fire
Extinguishers shall be at minimum, rated 2A, 10B:C as further defined by the NFPA
10: Standard for Portable Fire Extinguishers
Tenant shall not store any materials outside the Hangar Space.
Tenant shall promptly notify the Commission, in writing, of any repairs needed on
the Hangar or to the Hangar Space.
Rights and Obligations of the Commission.
The Commission shall at all times operate and maintain the Airport as a public
airport consistent with and pursuant to the Sponsor's Assurances given by
Authority to the United States Government under the Federal Airport Act.
The Commission shall not unreasonably interfere with the Tenant's use and
enjoyment of the Hangar Space.
C. The Commission shall maintain and keep the Hangar and Hangar Space in good
repair except for the maintenance obligations of Tenant set forth in the Lease. In
no event, however, shall the Commission be required to maintain or repair damage
caused by the negligent or willful act of Tenant, its agents, servants, invitees, or
Airport Commission 4genda & Info Packet
Meeting Date: Sept 12, 2024 Page 55 of 62
customer. However, if due to any negligent or willful act by the Tenant, its agents,
servants, invitees or customer, there is a need for maintenance or repair of
damage, then Tenant shall secure such maintenance or repair in a prompt,
reasonable manner, as approved by the Commission.
Snow shall be removed from in front of Hangar Space to within at least two (2) feet
of the Hangar. Snow removal closer than two (2) feet is the responsibility of the
Tenant.
The Commission shall ensure appropriate grounds keeping is performed year
round.
Sublease/Assignment.
Tenant shall not sublease the Hangar Space or assign this Lease without the prior written
approval of the Commission.
10. Condition of Premises.
Tenant shall accept the Hangar Space in its present condition without any liability or
obligation on the part of the Commission to make any alterations, improvements or repairs
of any kind on or about said Hangar Space.
11. Alterations.
Tenant shall not install any fixtures or make any alterations, additions or improvements to
the Hangar Space without the prior written approval of the Commission, or designee. All
fixtures installed or additions and improvements made to the Hangar Space shall, upon
completion of such additions and improvements, become Commission property and shall
remain in the Hangar Space at the expiration or termination of this Lease, however
terminated, without compensation or payment to Tenant. Fixtures include, but are not
limited to, locks, brackets for window coverings, plumbing, light fixtures, luminaries, and
any item permanently attached to the wall, floor, or ceiling of the Hangar Space by means
of cement, plaster, glue, nails, bolts, or screws.
12. Hazardous Materials.
With the exception of Paragraph 12c below, no "hazardous substance," as
defined in Iowa Code section 4556.411 (2023), may be stored, located, or
contained in the Hangar Space without the Commission prior written approval.
(The Iowa Code can be found online at www.legis.state.ia.us/IACODE . The. U.S.
Code can be found online at www.findlaw.com/casecode/uscodes/index.htmI Federal
regulations can be found online at http://www.access.goo.gov/nara/cfr/cfr-table-
search.html. ) Petroleum products and their byproducts for personal use may be
stored or present in the Hangar Space if said substances are contained in
approved containers.
With the exception of Paragraph 12c below, Tenant shall handle, use, store and
dispose of fuel petroleum products, and all other non -"hazardous substances"
owned or used by it on the Airport in accordance with all applicable federal, state,
local and airport statutes, regulations, rules and ordinances. No waste or
disposable materials shall be released on the ground or in the storm sewers.
Should such materials be spilled or escape from storage or in any way contaminate
the Airport or property adjacent to the Airport through activities of the Tenant, the
Tenant shall be responsible for the clean up, containment and otherwise
abatement of such contamination at Tenant's sole cost and expense. Further,
Tenant shall notify the Commission and appropriate governmental agency of such
occurrence immediately. Should Tenant fail to do so, the Commission may take
Airport Commission ggenda & Info Packet
Meeting Date: Sept 12, 2024 Page 56 of 62
any reasonable and appropriate action in the Tenant's stead. The cost of such
remedial action by the Commission shall be paid by the Tenant.
C. Tenant may have the following materials stored in the Hangar Space:
1 case of engine oil
2 1/2 gallons gasoline for motorized tugs (but no aviation
fuel or gasoline in drums)
• 1 gallon of cleaning solvents
13. Special Events.
During any special event at the Airport, including but not limited to the Sertoma Breakfast
or Fly Iowa, Tenant acknowledges that the standard operating procedure at the Airport
may be altered such that egress and ingress to the Hangar Space may be altered by the
Commission in writing. Tenant's failure to comply with the altered procedure is a default
of this Lease, and the Commission may proceed to terminate this Lease.
14. Airport Rules and Regulations.
Tenant agrees to be subject to Airport rules and regulations upon adoption by the
Commission or provide 30-days' notice to terminate this Lease. Commission shall provide
Tenant with a copy of said and regulations 30-days prior to their effective date.
15. Access and Inspection.
The Commission has the right to enter and inspect the Hangar Space at any reasonable
time during the term of this Lease upon at least 24 hours' notice to the Tenant for any
purpose necessary, incidental to or connected with the performance of its obligations
under the Lease or in the exercise of its governmental functions. In the case of an
emergency, the Commission may enter the Hangar Space without prior notice but will
provide notice to the Tenant after the fact. The Commission shall not, during the course
of any such inspection, unreasonably interfere with the Tenant's use and enjoyment of the
Hangar Space. At a minimum, the Hangar Space will be inspected annually. Upon
execution of this Lease, the Commission shall provide Tenant with a key to the Hangar
Space, and if the Tenant subsequently changes the lock to the Hangar Space, he or she
shall provide shall provide notice to the Commission before he or she does so and shall
provide a new key to the Commission within twenty-four hours of doing so.
16. Insurance.
Tenant shall at its own expense procure and maintain general liability and casualty
insurance in a company or companies authorized to do business in the State of
Iowa, in the following amounts:
Type of Coverage
Aircraft Liability, including incidental premises liability — Each Occurrence
$1,000,000
Tenant's insurance carrier shall be A rated or better by A.M. Best. Tenant shall
name the Commission and the City of Iowa City, as additional insured. The
Commission and Tenant acknowledge that a Certificate of Insurance is attached
to this Lease. Tenant shall provide fifteen (15) days' notice to the Commission
before cancellation of said insurance.
Airport Commission egenda & Info Packet
Meeting Date: Sept 12, 2024 Page 57 of 62
C. It is the Tenant's responsibility to keep the insurance certificate current. If the
Certificate of Insurance expires during the term of the lease, the Tenant must
provide a current certificate to the Commission within seven (7) days of when the
Certificate expires.
17. Casualty.
In the event the Hangar or Hangar Space, or the means of access thereto, shall be
damaged by fire or any other cause, the rent payable hereunder shall not abate provided
that the Hangar Space is not rendered untenantable by such damage. If the Hangar Space
is rendered untenantable and Commission elects to repair the Hangar or Hangar Space,
the rent shall abate for the period during which such repairs are being made, provided the
damage was not caused by the acts or omissions of Tenant, its employees, agent or
invitees, in which case the rent shall not abate. If the Hangar or Hangar Space is rendered
untenantable and Commission elects not to repair the Hangar or Hangar Space, this
Lease shall terminate.
18. Indemnity.
Tenant agrees to release, indemnify and hold the Commission and the City of Iowa City
("City"), its officers and employees harmless from and against any and all liabilities,
damages, business interruptions, delays, losses, claims, judgments, of any kind
whatsoever, including all costs, attorneys' fees, and expenses incidental thereto, which
may be suffered by, or charged to, the Commission and the City by reason of any loss or
damage to any property or injury to or death of any person arising out of or by reason of
any breach, violation or non-performance by Tenant or its servants, employees or agents
of any covenant or condition of the Lease or by any act or failure to act of those persons.
The Commission and City shall not be liable for its failure to perform this Lease or for any
loss, injury, damage or delay of any nature whatsoever resulting therefrom caused by any
act of God, fire, flood, accident, strike, labor dispute, riot, insurrection, war or any other
cause beyond Commission's control.
19. Disclaimer of Liability.
The Commission hereby disclaims, and Tenant hereby releases the Commission from any
and all liability, whether in contract or tort (including strict liability and negligence) for any
loss, damage or injury of any nature whatsoever sustained by Tenant, its employees,
agents or invitees during the term of this Lease, including, but not limited to, loss, damage
or injury to the Aircraft or other property of Tenant that may be located or stored in the
Hangar Space, unless such loss, damage or injury is caused by the Commission's gross
negligence or intentional willful misconduct. The parties hereby agree that under no
circumstances shall the Commission be liable for indirect consequential, special or
exemplary damages, whether in contract or tort (including strict liability and negligence),
such as, but not limited to, loss of revenue or anticipated profits or other damage related
to the leasing of the Hangar Space under this Lease.
20. Attorney Fees.
If the Commission files an action in district court to enforce its rights under this Lease and
if judgment is entered against the Tenant, Tenant shall be liable to and shall pay for the
Commission's attorney fees incurred in enforcing the Lease and in obtaining the judgment.
21. Default.
This Lease shall be breached if: (a) Tenant fails to make the rental payment; or (b) Tenant
or the Commission fails to perform any other covenant herein and such default shall
continue for five (5) days after the receipt by the other party of written notice.
Airport Commission ftenda & Info Packet
Meeting Date: Sept 12, 2024 Page 58 of 62
22. Security.
Tenant acknowledges that the FAA or another governmental entity or subdivision may
enact laws or regulations regarding security at general aviation airports such that the
Commission may not be able to comply fully with its obligations under this Lease, and
Tenant agrees that the Commission shall not be liable for any damages to Tenant that
may result from said non-compliance.
23. Thirty (30) Days Termination.
Either party to this Lease shall have the right, with cause, to terminate this Lease by giving
thirty (30) days' prior written notice to the other party.
24. Non -Discrimination.
Tenant shall not discriminate against any person in employment or public accommodation
because of race, religion, color, creed, gender identity, sex, national origin, sexual
orientation, mental or physical disability, marital status or age. "Employment" shall include
but not be limited to hiring, accepting, registering, classifying, promoting, or referring to
employment. "Public accommodation" shall include but not be limited to providing goods,
services, facilities, privileges and advantages to the public.
25. Doing Business at the Airport.
Tenant acknowledges that he/she/it may only conduct business and engage in commercial
activity at the Airport as provided in the Minimum Standards and only after written
permission has been obtained from the Airport Commission.
26. FAA Provisions.
Tenant, for itself, heirs, personal representatives, successors in interest, and
assigns, as a part of the consideration hereof, does hereby covenant and agree as
a covenant running with the land that in the event facilities are constructed,
maintained, or otherwise operated on the said property described in this (license,
lease, permit, etc.) for a purpose for which a Department of Transportation
program or activity is extended or for another purpose involving the provision of
similar services or benefits, the (licensee, lessee, permittee, etc.) shall maintain
and operate such facilities and services in compliance with all other requirements
imposed pursuant to 49 CFR Part 21, Nondiscrimination in Federally Assisted
Programs of the Department of Transportation, and as said Regulations may be
amended.
b. Tenant, for itself, personal representatives, successors in interest, and assigned,
as a part of the consideration hereof, does hereby covenant and agree as a
covenant running with the land that: (1) no person on the grounds of race, color,
or national origin shall be excluded from participation in, denied the benefits of, or
be otherwise subject to discrimination in the use of said facilities, (2) that in the
construction of any improvements on, over, or under such land and the furnishing
of services thereon, no person on the grounds of race, color, or national origin shall
be excluded from participation in, denied the benefits of, or otherwise be subject
to discrimination, (3) that Tenant, shall use the premises in compliance with all
other requirements imposed by or pursuant to 49 CFR Part 21, Nondiscrimination
in Federally Assisted Programs of the Department of Transportation, and as said
Regulations may be amended.
C. It is understood and agreed that nothing herein contained shall be construed to
grant or authorize the granting of an exclusive right within the meaning of Section
308 of the Federal Aviation Act of 1958. This Lease shall be subordinate to the
Airport Commission egenda & Info Packet
Meeting Date: Sept 12, 2024 Page 59 of 62
provisions of any outstanding or future agreement between the Commission and the
United States government or the Commission and the State of Iowa relative to the
maintenance, operation, or development of the Iowa City Municipal Airport. Tenant
acknowledges and agrees that the rights granted to Tenant in this Lease will not be
exercised so as to interfere with or adversely affect the use, operation, maintenance
or development of the Airport
d. Tenant agrees to furnish service on a fair, equal and not unjustly discriminatory
basis to all users thereof, and to charge fair, reasonable and not unjustly
discriminatory prices for each unit or service; provided, that Tenant may make
reasonable and non-discriminatory discounts, rebates, or other similar types of
price reductions to volume purchasers.
e. The Commission reserves the right (but shall not be obligated to Tenant) to
maintain and repair the landing area of the airport and all publicly -owned facilities
of the airport, together with the right to direct and control all activities of Tenant in
this regard.
f. The Commission reserves the right further to develop or improve the landing area
and all publicly -owned air navigation facilities of the airport as it sees fit, regardless
of the desires or views of Tenant, and without interferences or hindrance.
g. The Commission reserves the right to take any action it considers necessary to
protect the aerial approaches of the airport against obstructions, together with the
right to prevent Tenant from erecting, or permitting to be erected, any building or
other structure on the airport which in the opinion of the Commission would limit
the usefulness of the airport or constitute a hazard to aircraft.
h. During time of war or national emergency, the Commission shall have the right to
enter into an agreement with the United States Government for military or naval
use of part or all of the landing area, the publicly -owned air navigation facilities
and/or other areas or facilities of the airport. If any such agreement is executed,
the provisions of this instrument, insofar as they are inconsistent with the
provisions of the agreement with the Government, shall be suspended.
It is understood and agreed that the rights granted by this Lease will not be
exercised in such a way as to interfere with or adversely affect the use, operation,
maintenance or development of the airport.
j. There is hereby reserved to the Commission, its successors and assigns, for the
use and benefit of the public, a free and unrestricted right of flight for the passage
of aircraft in the airspace above the surface of the premises herein conveyed,
together with the right to cause in said airspace such noise as may be inherent in
the operation of aircraft, now known or hereafter used for navigation of or flight in
the air, using said airspace or landing at, taking off from, or operating on or about
the airport.
k. The Lease shall become subordinate to provisions of any existing or future
agreement between the Commission and the United States of America or any
agency thereof relative to the operation, development, or maintenance of the
airport, the execution of which has been or may be required as a condition
precedent to the expenditure of federal funds for the development of the airport.
27. Remedies Cumulative.
Airport Commission Agenda & Info Packet
Meeting Date: Sept 12, 2024 Page 60 of 62
The rights and remedies with respect to any of the terms and conditions of this Lease shall
be cumulative and not exclusive, and shall be in addition to all other rights and remedies
available to either party in law or equity.
28. Notices.
Any notice, for which provision is made in this Lease, shall be in writing, and may be given
by either party to the other, in addition to any other manner provided by law, in any of the
following ways:
a. by personal delivery to the Commission Chairperson
by service in the manner provided by law for the service of original notice, or
C. by sending said Notice by certified or registered mail, return receipt requested, to
the last known address. Notices shall be deemed to have been received on the
date of receipt as shown on the return receipt.
(1) If to the Commission, addressed to:
Iowa City Airport Commission
Iowa City Municipal Airport
1801 S. Riverside Drive
Iowa City, IA 52246
(2) If to Tenant, addressed to:
29. Airport Manager.
The Airport Manager is the person designated by the Commission to manage the Hangar
Space and to deliver all notices and demands from the Commission, to receive keys to
the Hangar Space as provided in Paragraph 14, and to perform inspections as provided
in Paragraph 14.
30. Integration.
This Lease constitutes the entire agreement between the parties, and as of its effective
date supersedes all prior independent agreements between the parties related to the
leasing of the Hangar Space. Any change or modification hereof must be in writing signed
by both parties.
29. Waiver.
The waiver by either party of any covenant or condition of this Lease shall not thereafter
preclude such party from demanding performance in accordance with the terms hereof.
Airport Commissionftenda & Info Packet
Meeting Date: Sept 12, 2024 Page 61 of 62
30. Successors Bound.
This Lease shall be binding and shall inure to the benefit of the heirs, legal representatives,
successors and assigns of the parties hereto.
31. Severability.
If a provision hereof shall be finally declared void or illegal by any court or administrative
agency having jurisdiction over the parties to this Lease, the entire Lease shall not be void,
but the remaining provisions shall continue in effect as nearly as possible in accordance
with the original intent of the parties.
IOWA CITY AIRPORT COMMISSION
By:
Title:
TENANT:
By:
Title:
Date:
Airport Commission Agenda & Info Packet
Iowa City AirportM�ting Date Se pti"Maintenance 2024 Page 62 of 62
Date
Maintenance Needed
Action Taken
Required Parts/Equipment
Store
Cost
8/1/2024
Grass growing Long
Mowed streetside ZTR
Borrowed ZTR from parks & rec
N/A
N/A
8/1/2024
Grass growing Long
Mowed airside
Batwing
N/A
N/A
8/5/2025
Weeds growing at North T's
Sprayed weed killer
Weed killer, golfcart
N/A
N/A
8/6/2024
Bolts need for aircraft at playground
Bought bolts
Tools
Menards
✓$15.88
8/7/2024
Grass growing Long
Mowed airside
Batwing
N/A
N/A
8/7/2024
Several u bulbs out in terminal
Changed out bulbs
New u bulbs
N/A
N/A
8/8/2024
Grass growing Long
Mowed street side
ZTR
N/A
N/A
8/9/2024
Grass growing Long
Mowed airside
ZTR
N/A
N/A
8/9/2024
Hangar 29 door binding
Sprayed moving parts WD-40
WD-40
N/A
N/A
8/9/2024
Trash at viewing area tipped over
Cleaned mess by racoons
Trash bags, red truck
N/A
N/A
8/10/2024
Grass growing Long
Mowed airside
ZTR
N/A
N/A
8/11/2024
Weeds growing at tie downs
Pulled weeds
Red truck
N/A
N/A
8/12/2024
Grass growing Long
Mowed airside
Batwing
N/A
N/A
8/13/2024
Grass growing Long
Mowed streetside ZTR
ZTR
N/A
N/A
8/13/2024
North T's restroom dirty
Re -stocked and cleaned
Cleaner, tp,towels, soap
N/A
N/A
8/14/2024
Handle for Line Door
Bought handle
Tools
Menards
✓$131.99
8/15/2024
Grass growing Long
Mowed airside
ZTR
N/A
N/A
8/16/2024
Grass Growing long
Mowed a long Mormon Trek
ZTR
N/A
N/A
8/18/2024
Weather stripping line office replaced
Bought weather stripping
Tools
N/A
N/A
8/18/2024
Weather stripping for line office door
Bought weather stripping
N/A
Menards
,1$17.98
8/18/2024
Grass growing Long
Mowed along Mormon Trek
ZTR
N/A
N/A
8/19/2024
Grass growing Long
Mowed street side
Batwing, ZTR
N/A
N/A
8/20/2024
Grass growing Long
Mowed airside
ZTR
N/A
N/A
8/21/2024
Grass growing Long
Mowed airside
Batwing
N/A
N/A
8/22/2024
Branches hanging low at airport entra
Trimmed branches
Chain saw
N/A
N/A
8/23/2024
Grass growing Long
Mowed near buildings
ZTR
N/A
N/A
8/23/2024
Grass growing near buildings
Trimmed along hangars
Weed trimmers
N/A
N/A
8/23/2024
Grass growing along fences
Trimmed along fences
Weed trimmers
N/A
N/A
8/23/2024
Items near south fence
Picked up pallets, and other items
Fork lift
N/A
N/A
8/24/2024
Clean up near hangars for fly in
Picked up grass at parking areas
Red truck
N/A
N/A
8/24/2024
Prepare airport for fly in
Cleaned hangar N for breakfast event
Floor scrubber, dry mops
N/A
N/A
8/30/2024
Spraying weeds at airport property
Called Reynolds Flooring and Fencing
Reynolds Flooring and Fencing
inolds Flooring
✓$710.00
Total
✓ $875.85
1/2