R2023-09 Resolution Authorizing Crop Share Farm Lease with Steve Bell for Oakley Sediment Basin Exterior

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EXHIBIT B (Upon completion and execution by the parties,this document shall become a binding lease) CROP SHARE LEASE THIS LEASE is entered into by and between LANDOWNER CITY OF DECATUR FARM 2 by and through the LANDOWNER'S AGENT,FIRST ILLINOIS AG GROUP and STEVE BELL,3135 N Oakley Road,Oakley,IL 62554. THE LANDOWNER leases to the Tenant,for agricultural purposes only,the following described real estate(hereinafter"premises"), including the fixed improvements thereon: The leased premises limited to the acreage as reported on 2022 FSA-578 Farm#5444 totaling 35.00 tillable acres,located in the North Half(N 1/2) of Section Two (2); and the Northeast Quarter(NE 1/4) of Section Three (3); all in Township Sixteen North (T16N), Range Three East (R3E) of the Third Principal Meridian (3rd P.M.), Oakley Township, Macon County, Illinois, FSA-578 Program Year 2019 map attached. A)LENGTH OF TENURE: The term of this Lease shall begin on the latter of March 1,2023,or the date of signing of this Lease and shall end the last day of February 2024, or after all the crops on the premises have been harvested, whichever occurs first. Landowner may terminate this Lease without cause anytime prior to March 1, 2023,by giving Tenant five(5)days advance written notice. In the event this Lease is terminated without cause by Landowner,the Tenant will be reimbursed for all farming operations completed at going custom rates and crop inputs purchased providing Tenant furnishes Landowner an invoice and receipts or other supporting material for such operations or purchases upon Landowner's request. This shall be Tenant's sole remedy in the event this Lease is terminated without cause. B) DIVISION OF CROPS: Landowner will receive 50%of all crops grown on the premises,and title to such share shall be in the Landowner from the date of planting. C)CASH RENT PROVISIONS: None D) COST SHARED BY LANDOWNER/TENANT: The Landowner will share in the following crop production costs after agreeing in advance of their purchase. Limestone 100% Material and application Fertilizer 50% Material only -all application provided by Tenant Herbicides: Pre-emerge 50% Material only-all application provided by Tenant Post-emerge 50% Material only-all application provided by Tenant 0-till Burndown 0% All material and application provided by Tenant Brush Killer 100% Landowner 100%material-Tenant 100%application Insecticide 50% Material and rescue applications Soil Testing 50% As directed by Landowner and farm manager Seeds 50% As set forth in annual crop plan E)GOVERNMENTAL PROGRAM: Participation in Governmental Programs is at the discretion of the Landowner. The payment share in the USDA Ag Program Contract shall be the same as the division of crops. Landowner shall receive 100%of Conservation Reserve Program payments. The Tenant shall maintain conservation reserve program improvements and acreage in accordance with USDA requirements. F) STORAGE,DELIVERY AND SALE OF CROP: The Tenant agrees to store, at the option of the Landowner as much of the Landowner's share of the crop as possible,using one-half of the space provided by the Landowner,in cribs,granaries,or barns on the farm, Landowner's share of the crop shall be delivered, without cost to the Landowner, to CLARKSON GRAIN. Landowner, pursuant to rights given by Illinois law requires that Tenant disclose the person to whom the Tenant intends to sell any crops grown on the premises. The Tenant hereby declares that he intends to sell the crop to CLARKSON GRAIN. In all of the Tenant's deliveries of sales of farm products grown on the premises and in all of his grants or security interests therein,Tenant shall disclose to the purchaser 1