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REGENTS APPROVED THE TERMS OF A 30 YEAR AGREEMENT TODAY TO GO FORWARD WITH THIS CI TOWN PROJECT IN AMES. IT’S A THREE PARTY AGREEMENT BETWEEN IOWA STATE UNIVERSITY, ISU RESEARCH PARK AND GOLDENROD COMPANIES. IT CREATES A CI TOWN MANAGEMENT COMMITTEE, WHICH WILL HAVE AUTHORITY TO DIRECT TO DIRECT GOLDENROD AND THE RESEARCH PARK ON ALL ASPECTS OF THE DEVELOPMENT. GOLDENROD WILL FINANCE ALL CONSTRUCTION AND BUILD EIGHT STRUCTURES, INCLUDING A COMMON AREA. IT WILL HOUSE OFFICE AND RETAIL SPACE, RESTAURANTS, BARS AND OUTDOOR MUSIC VENUE, AND A HOTEL. THE ESTIMATED COST OF CONSTRUCTION FOR THESE FACILITIES IS BETWEEN 175 MILLION AND 225 MILLION. AND OF COURSE, THE DEVELOPMENT AREA WILL ALSO INCLUDE THE MCFARLAND MEDICAL CLINIC, WHICH HAS ALREADY BEEN APPROVED AND IS IS DONE UNDER A SEPARATE AGREEMENTS WITH MCFARLAND DIRECTLY. I MEAN, THE RENDERINGS LOOK PRETTY SPECTACULAR. NOW THAT THE AGREEMENT HAS BEEN APPROVED, PRELIMINARY CONSTRUCTI