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R2023-227 Resolution Authorizing Farmland Real Estate Purchase in Dewitt County Pursuant to the Water Consultant's Recommendations (Intera)
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R2023-227 Resolution Authorizing Farmland Real Estate Purchase in Dewitt County Pursuant to the Water Consultant's Recommendations (Intera)
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Last modified
10/20/2023 11:23:58 AM
Creation date
10/18/2023 12:50:05 PM
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Resolution/Ordinance
Res Ord Num
R2023-227
Res Ord Title
R20232-227 Resolution Authorizing Farmland Real Estate Purchase Pursuant to the Water Consultant's Recommendations Dewitt County Intera
Department
City Manager
Approved Date
10/16/2023
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160.61 +/- Acres <br /> DeFi* rst MidWitt County, IL <br /> Listed at$1 6,700/acre <br /> AG SERVICES • <br /> t . . , <br /> N e_ ,. ( Rao �2 <br /> 3B <br /> North 77.7 <br /> North 77.7 �„' Weighed Soil PI: 138.3 <br /> INNB <br /> iThiitl'SI ];' 17162 <br /> R <br /> 0 4 1 1 <br /> V t ,yAle <br /> c...SCCOntl SI.' $ <br /> { ,tai { rrrwvwti��R„ 450J,4 <br /> 501 <br /> s 1 ac N c sroae^vay 1 1 4 iA <br /> 1718 <br /> 6 <br /> out $2. <br /> South 82.91 <br /> 17182 Weighted Soil PI: 138.5 <br /> 117:82 <br /> 43A <br /> 4 171 B2 <br /> 4 Primary Soil Types: <br /> 244a 68A-Sable silty clay loam <br /> 171B2-Catlin silt loam <br /> 4 43A-Ipava silt loam <br /> Aerial&Soils data provided by AgriData,Inc. 244A-Hartsburg silty clay loam <br /> Lines drawn are estimates. <br /> 1 � <br /> V +1 <br /> 4 <br /> General Terms: <br /> Farm Listing Price: North 77.7 acres+/-@$16,700/acre or$1,297,590.00. South 82.91 acres+!-@$I 7.700/acre or$1,467,507.00. Acre- <br /> age based upon real estate tax acres. A pipeline crosses both farms. The Buyer will enter into a contract with 10%down payment with the <br /> balance due within 30 days of contract signing.A title policy in the amount of the sale price will be furnished to the Buyer.The agricultural <br /> lease is cash rented for 2023. Seller will keep the proceeds from the 2023 cash rent lease.The Seller has paid the 2023 real estate taxes.Sell- <br /> er will provide a credit at closing for the 2024 estimated real estate taxes. All mineral rights owned by the Seller will be conveyed to the <br /> Buyer.For more information,request a full brochure at www.firstmidag.com, <br /> `' 1 Flrsl�tid <br />
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