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Iowa State University President Steven Leath said the remainder of VEISHEA will be cancelled following riots overnight that left a student seriously hurt."I'm here really to express my extreme disappointment and sadness over the Campustown incident," said Leath.Leath said safety has to be the No. 1 concern."It's with mixed feelings, I have decided to suspend the remainder of this VEISHEA," said Leath. Events will end at 5 p.m. on Wednesday.Many students in the crowd at the news conference were visibly upset by the announcement.The future of the event will be reviewed by a task force committee that will be formed, Leath said. Leath said that despite numerous attempts to move and retool the event, problems continue. Leath said he talked with former ISU president Gregory Geoffroy, the mayor and police chief of Ames, student groups and others about how to move forward.Leath said he has received hundreds of emails asking for an end to VEISHEA, but Leath said other response like on Facebook has been more balanced.Leath said VEISHEA will be completely refocused on what it used to be or it will be eliminated."The problems revolving around alcohol, house parties -- these issues have to go away," said Leath.Authorities said the family of the student hurt during the riots has asked that his name not be released. He was found unresponsive in the street by EMS and police after he was hit by a light pole. Wednesday afternoon, he was listed in stable condition in the intensive care unit.Ames Police Chief Charles Cychosz said two arrests have been made so far and they are receiving other tips and help from the community.Authorities said they don't yet have a damage total estimate.THE RIOTS:Riots broke out overnight during the annual student celebration, which has a troubled history. Students in Ames gathered on the streets around campus at around 11 p.m. Tuesday.View this story | View riot photosPolice said students flipped over at least two cars then they pulled out two light poles, four stop signs and shattered one of the fire station windows.Rioters filled the streets, according to police, stretching about a block and a half from Stanton Avenue to Lincoln Way, some of them on top of nearby buildings, throwing off beer cans, fireworks and rocks.At least one person was seriously injured and flown to a Des Moines hospital after a light pole fell on his head. A handful of other students were also injured.Police arrested several students and were finally able to break it up about an hour after it started."We weren't getting much cooperation early on in getting anyone to leave and you know, when we get the objects thrown at us, it gets pretty dangerous for the officers," said Police Cmdr. Geoff Huff.THE INVESTIGATION:Police are asking for the publics' help in identifying those responsible for damage in the riot.Anyone with information, pictures, or videos relating to the incident is encouraged to contact the Ames Police Department at 239-5133 or the anonymous tip line, 239-5533. People with information can also contact the Story County Crime Stoppers: Phone number: (515) 382-7577, Online: www.storycountycs.com, Text: Text the word “STORYCOUNTY” plus a tip to 274637 (CRIMES).ISU PRESIDENTS STATEMENT:ISU president Steven Leath issued a statement on the incident overnight."I was immediately made aware of the situation that began in Campustown shortly before midnight, and have continued to receive information over the past few hours from police and other staff. We are all distraught and disappointed over the events that have unfolded near campus overnight. I can confirm that one of our students has been seriously injured and his condition is unknown at this hour. Student Affairs staff have reached out to the family. At this time, I ask everyone to keep this student in your thoughts and prayers. "My senior cabinet will convene first thing in the morning to assess this situation and evaluate options for the remainder of our official Veishea activities planned for this week."Additional information will be posted on the Iowa State homepage at www.iastate.edu as soon as it is available," said Leath.A decade ago, in 2004, chaos broke out on the Iowa State campus. The annual spring celebration turned into a clash between police and students.Changes to the festival were made in 2005 and the tradition was suspended.Former ISU president Gregory Geoffroy made changes to VEISHEA after forming a task force to look into the problems. He made changes, such as shifting VEISHEA away from Welch Avenue, and having more activities on campus.The celebration resumed in 2006 without incident, until now.Check KCCI.com and KCCI 8 News for updates on this developing story.Share your breaking news photos with KCCI through u local.9676654