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ITEM#: DATE:32 082322COUNCIL ACTION FORM SUBJECT: NEW LONGER LAND LEASE AT THE AMES MUNICIPAL AIRPORT BACKGROUND: A new private hangar development has been proposed by Summit Agricultural Group, LLC

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How to fill out new long-term land lease

01

Determine the length of the lease agreement.

02

Identify the parties involved in the lease, including the lessor and lessee.

03

Specify the terms of the lease, including rent amount, payment schedule, and any additional fees or responsibilities.

04

Describe the land being leased, including boundaries and any restrictions on use.

05

Include provisions for renewing or terminating the lease agreement.

06

Sign and date the lease agreement, and have all parties involved sign as well.

Who needs new long-term land lease?

01

Individuals or businesses looking to lease land for an extended period of time.

02

Property owners looking to secure a stable source of income from long-term leasing arrangements.

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What is new long-term land lease?

A new long-term land lease is a legal agreement between a landowner and a tenant for the rental of land for an extended period of time, usually 10 years or more.

Who is required to file new long-term land lease?

Both the landowner and the tenant are required to file a new long-term land lease agreement.

How to fill out new long-term land lease?

To fill out a new long-term land lease, both parties should include details such as the duration of the lease, rental payments, maintenance responsibilities, and any other terms and conditions agreed upon.

What is the purpose of new long-term land lease?

The purpose of a new long-term land lease is to establish a long-term agreement for the rental of land, providing security and stability for both the landowner and the tenant.

What information must be reported on new long-term land lease?

Information such as the names and contact information of the parties involved, the legal description of the property, the duration of the lease, rental terms, and any special conditions must be reported on a new long-term land lease.

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