NOTICE OF MEETING OF THE BOONE CITY COUNCIL CONCERNING THE LEASING AND EXCHANGE OF REAL ESTATE OWNED BY THE CITY OF BOONE

NOTICE OF MEETING OF THE BOONE CITY COUNCIL CONCERNING THE LEASING AND EXCHANGE OF REAL ESTATE OWNED BY THE CITY OF BOONE PUBLIC NOTICE is hereby given that the Boone City Council will hold a public hearing on October 6, 2025 at 6:00 p.m., in the City Hall Council Chambers, 923 8th Street, Boone, Iowa, at which hearing the Council proposes to approve the lease and exchange of certain real estate as set forth in the lease and exchange agreement described as follows: LEASE AREA: A PART OF THE NORTH HALF OF THE NORTHWEST QUARTER OF SECTION 35 AND ALSO A PART OF THE SOUTH HALF OF THE SOUTHWEST QUARTER OF SECTION 26 AND ALL BEING IN TOWNSHIP 84 NORTH, RANGE 26 WEST OF THE 5TH P.M., CITY OF BOONE, BOONE COUNTY, IOWA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 35; THENCE N00°02'31"W, 50.23 FEET ALONG THE WEST LINE OF THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 35; THENCE S89°33'18"E, 128.99 FEET ALONG THE SOUTHERLY LINE OF PARCEL "A" TO THE SOUTHEASTERLY CORNER OF SAID PARCEL "A", AS SHOWN IN BOOK 24 PAGE 95; THENCE S89°41'10"E, 552.61 FEET TO THE POINT OF BEGINNING; THENCE S89°41'10"E, 1745.77 FEET; THENCE N30°29'02"W, 1466.60 FEET TO A POINT ON THE SOUTH LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 26; THENCE N30°29'02"W, 436.13 FEET; THENCE S25°35'04"W, 414.82 FEET TO A POINT ON THE SOUTH LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 26; THENCE S25°35'04"W, 1392.55 FEET TO THE POINT OF BEGINNING. Tract contains 32.75 acres and is subject to all easements of record. INGRESS/EGRESS EASEMENT: A PART OF THE SOUTH HALF OF THE NORTHWEST QUARTER OF SECTION 35, TOWNSHIP 84 NORTH, RANGE 26 WEST OF THE 5TH P.M., CITY OF BOONE, BOONE COUNTY, IOWA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 35; THENCE N00°02'31"W, 50.23 FEET ALONG THE WEST LINE OF THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 35; THENCE S89°33'18"E, 128.99 FEET ALONG THE SOUTHERLY LINE OF PARCEL "A" TO THE SOUTHEASTERLY CORNER OF SAID PARCEL "A", AS SHOWN IN BOOK 24 PAGE 95; THENCE S89°41'10"E, 552.61 FEET; THENCE S89°41'10"E, 1745.77 FEET; THENCE S30°29'02"E, 58.21 FEET TO A POINT ON THE SOUTH LINE OF THE NORTHEAST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 35; THENCE N89°41'04"W, 2456.85 FEET TO THE SOUTHWEST CORNER OF THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 35 ALSO BEING THE POINT OF BEGINNING. Tract contains 2.80 acres and is subject to all easements of record. EXCHANGE AGREEMENT AREA The Armory Board intends to construct an Aviation Support Facility and associated improvements on a City/Commission-owned parcel of land consisting of approximately 33 acres located south of the intersection of runways 33/15 and 20/2 at the Boone Municipal Airport, Boone, Iowa. The City/Commission will lease the Airport Property to the Armory Board in exchange for annual lease payments and, upon completion of development of the Airport Property, title to a State of Iowa property under the jurisdiction and control of the Armory Board consisting of approximately 10 acres of land and improvements located at 700 East Snedden Drive, in the City of Boone, Boone County, Iowa. The Armory Board and the City/Commission agree to amend a lease agreement between the City/Commission and the Armory Board for 6.30 acres dated June 10, 2003, located adjacent to the Guard Property A proposed lease and exchange agreement has been submitted to the Boone Airport Commission and the City of Boone. Acceptance is conditioned on holding a hearing as required by §364.7, Code of Iowa. The Boone City Council will discuss the lease and exchange agreement and will approve or reject by resolution of the council. Anyone wishing to object to the approval of the sale of the described real estate should submit their objection in writing by 5:00 p.m. on the date of the hearing at the City Clerk's office or submit their objection orally at the hearing. This notice is given by order of the Boone City Council as provided by §364.7, Code of Iowa. Ondrea Elmquist City Administrator September 25 2025 LIOW0370808