Text: SSB03185 Text: SSB03187 Text: SSB03100 - SSB03199 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. LEGISLATIVE FINDINGS GOAL. 1 2 1. The general assembly finds and declares that Iowa state 1 3 university of science and technology has maintained a very 1 4 successful dairy research facility for more than fifty years 1 5 consisting of one thousand one hundred acres at its Ankeny 1 6 dairy farm. However, the dairy farm's facilities have become 1 7 outdated. The general assembly further finds that in the 1 8 years since the land for the dairy farm was first purchased by 1 9 the university, the city of Ankeny has grown and now surrounds 1 10 the facility. The general assembly finds that the dairy farm 1 11 is now inhibiting the city's future growth and forcing real 1 12 estate developers to develop land outside the city, 1 13 exacerbating urban sprawl. 1 14 2. The purpose of this Act is to encourage the 1 15 university's continued financial commitment to dairy research 1 16 and teaching, to promote economic growth in the state, and to 1 17 provide for intelligent growth within existing city limits. 1 18 Sec. 2. NEW SECTION. 266.39F SALE OF DAIRY BREEDING 1 19 RESEARCH FARM. 1 20 1. Immediately after the effective date of this Act, Iowa 1 21 state university of science and technology shall develop a 1 22 plan to sell, at market value, the one thousand one hundred- 1 23 acre tract of land within the city limits of Ankeny, commonly 1 24 referred to as the Iowa state university dairy breeding 1 25 research farm. The plan shall include the sale of substantial 1 26 portions of the tract as soon as practical, and the sale of 1 27 all of the tract within a commercially reasonable time. Prior 1 28 to implementing the plan, the university shall submit the plan 1 29 to the state board of regents for review and approval. The 1 30 sale shall be handled in a manner that is the most financially 1 31 beneficial to the university. 1 32 2. The proceeds from the sale of the property as provided 1 33 in subsection 1 are appropriated and shall be retained by Iowa 1 34 state university of science and technology for use in 1 35 establishing a new dairy research and dairy teaching facility. 2 1 If the proceeds from the sale of the property exceed those 2 2 necessary to establish the new facility, the excess funds 2 3 shall be used by the university for its plant sciences 2 4 institute. 2 5 The provisions of section 262.9, subsection 7, and section 2 6 262.10, shall not apply to the sale of any portion of land to 2 7 be sold in accordance with this section or to the use of the 2 8 proceeds from the sale of the land. 2 9 Sec. 3. EFFECTIVE DATE. This Act, being deemed of 2 10 immediate importance, takes effect upon enactment. 2 11 EXPLANATION 2 12 This bill directs Iowa state university of science and 2 13 technology, immediately after the effective date of the bill, 2 14 to develop a plan to sell the university's 1,100-acre Ankeny 2 15 dairy breeding research farm in a manner that is the most 2 16 financially beneficial to the university. The plan must be 2 17 submitted to the state board of regents for approval prior to 2 18 its implementation. 2 19 As provided under the bill, the general assembly finds and 2 20 declares that although the 50-year-old facility has been very 2 21 successful, its facilities have become outdated and the city 2 22 of Ankeny has grown to surround the facility. The general 2 23 assembly finds that the dairy farm is inhibiting Ankeny's 2 24 future growth, contributing to the problem of urban sprawl. 2 25 The university is required to use the proceeds from the 2 26 sale of the property to establish a new dairy research and 2 27 dairy teaching facility. If any funds remain, the university 2 28 must use the excess funds for its plant sciences institute. 2 29 The bill exempts the sale of the Ankeny research farm, and 2 30 the use of the proceeds from the sale, from current Code 2 31 provisions that require the approval of the executive council 2 32 prior to the acquisition or sale of property by a regents 2 33 institution and which appropriate the proceeds from any sale 2 34 to the state board of regents. 2 35 The bill takes effect upon enactment. 3 1 LSB 5750XC 79 3 2 kh/pj/5.2
Text: SSB03185 Text: SSB03187 Text: SSB03100 - SSB03199 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
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