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PAG LIN
1 1 SENATE FILE 2316
1 2
1 3 AN ACT
1 4 RELATING TO THE SALE OF CERTAIN FARMLAND BY IOWA STATE
1 5 UNIVERSITY OF SCIENCE AND TECHNOLOGY, PROVIDING FOR THE
1 6 APPROPRIATION AND USE OF PROCEEDS FROM THE SALE, AND
1 7 PROVIDING AN EFFECTIVE DATE.
1 8
1 9 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 10
1 11 Section 1. LEGISLATIVE FINDINGS – GOAL.
1 12 1. The general assembly finds and declares that Iowa state
1 13 university of science and technology has maintained a very
1 14 successful dairy research facility for more than fifty years
1 15 consisting of one thousand one hundred acres at its Ankeny
1 16 dairy farm. However, the dairy farm's facilities have become
1 17 outdated. The general assembly further finds that in the
1 18 years since the land for the dairy farm was first purchased by
1 19 the university, the city of Ankeny has grown and now surrounds
1 20 the facility. The general assembly finds that the dairy farm
1 21 is now inhibiting the city's future growth and forcing real
1 22 estate developers to develop land outside the city,
1 23 exacerbating urban sprawl.
1 24 2. The purpose of this Act is to encourage the
1 25 university's continued financial commitment to dairy research
1 26 and teaching, to promote economic growth in the state, and to
1 27 provide for intelligent growth within existing city limits.
1 28 Sec. 2. NEW SECTION. 266.39F SALE OF DAIRY BREEDING
1 29 RESEARCH FARM.
1 30 1. Immediately after the effective date of this Act, Iowa
1 31 state university of science and technology shall develop a
1 32 plan to sell, at market value, the one thousand one hundred-
1 33 acre tract of land within the city limits of Ankeny, commonly
1 34 referred to as the Iowa state university dairy breeding
1 35 research farm. The plan shall include the sale of substantial
2 1 portions of the tract as soon as practical, and the sale of
2 2 all of the tract within a commercially reasonable time. Prior
2 3 to implementing the plan, the university shall submit the plan
2 4 to the state board of regents for review and approval. The
2 5 sale shall be handled in a manner that is the most financially
2 6 beneficial to the university. Appraisals conducted by the
2 7 university of the value of any portion of the tract shall be
2 8 made available to the public immediately following the sale of
2 9 that portion of the tract.
2 10 2. The proceeds from the sale of the property as provided
2 11 in subsection 1 are appropriated and shall be retained by Iowa
2 12 state university of science and technology for use in
2 13 establishing a new dairy research and dairy teaching facility
2 14 or for the university's plant sciences institute.
2 15 The provisions of section 262.9, subsection 7, and section
2 16 262.10, shall not apply to the sale of any portion of land to
2 17 be sold in accordance with this section or to the use of the
2 18 proceeds from the sale of the land.
2 19 3. By December 15 annually, the state board of regents
2 20 shall submit a report of the activities and costs of the sale
2 21 of any property in accordance with subsection 1, including but
2 22 not limited to the use of any proceeds from the sale of the
2 23 property and the environmental cleanup costs for any proposed
2 24 sale in accordance with this section, to the general assembly
2 25 in accordance with section 7A.11A, and to the legislative
2 26 fiscal bureau, until such time as the sale of the property is
2 27 complete and the proceeds have been expended by the
2 28 university, at which time the state board of regents shall
2 29 submit a final report on the sale of the property and use of
2 30 the proceeds to the general assembly in accordance with
2 31 section 7A.11A and to the legislative fiscal bureau.
2 32 Sec. 3. EFFECTIVE DATE. This Act, being deemed of
2 33 immediate importance, takes effect upon enactment.
2 34
2 35
3 1
3 2 MARY E. KRAMER
3 3 President of the Senate
3 4
3 5
3 6
3 7 BRENT SIEGRIST
3 8 Speaker of the House
3 9
3 10 I hereby certify that this bill originated in the Senate and
3 11 is known as Senate File 2316, Seventy-ninth General Assembly.
3 12
3 13
3 14
3 15 MICHAEL E. MARSHALL
3 16 Secretary of the Senate
3 17 Approved , 2002
3 18
3 19
3 20
3 21 THOMAS J. VILSACK
3 22 Governor
Text: SF02315 Text: SF02317 Text: SF02300 - SF02399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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