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R2024-12 Resolution Authorizing Crop Share Farm Lease with Steve Bell for Oakley Sediment Basin Exterior
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R2024-12 Resolution Authorizing Crop Share Farm Lease with Steve Bell for Oakley Sediment Basin Exterior
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1/19/2024 11:11:26 AM
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1/19/2024 11:11:25 AM
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Resolution/Ordinance
Res Ord Num
R2024-12
Res Ord Title
2024-12 Resolution Authorizing Crop Share Farm Lease with Steve Bell for Oakley Sediment Basin Exterior
Department
Public Works
Approved Date
1/16/2024
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provision of this Agreement shall be valid and be enforced to the fullest extent permitted by law. If a court having proper jurisdiction <br /> holds a particular Lease provision unreasonable,that restriction shall be modified to the extent necessary in the opinion of such court <br /> to make it reasonable and legally valid <br /> Y)APPLICABLE LAW AND VENUE: The laws of the State of Illinois shall govern the validity,performance, and enforceability <br /> of this Lease. The parties irrevocably consent to the exclusive jurisdiction for any lawsuit arising under this Lease to be in the Circuit <br /> Court of Macon County, in Decatur, Illinois or, if applicable, the United States District Court for the Central District of Illinois, <br /> Urbana,Illinois Division. <br /> Z)EXTENT OF AGREEMENT: The terms of this lease shall be binding upon the heirs,executors, administrators,and successors <br /> of both the Landowner and the Tenant in like manner as upon the original parties. All of the rights and privileges and reservations in <br /> favor of the Landowner may be exercisable by FIRST ILLINOIS AG GROUP in its representative capacity. <br /> YOU ARE HEREBY NOTIFIED that FIRST ILLINOIS AG GROUP ("Agent") for CITY OF DECATUR FARM 2 <br /> ("Landowner")in this transaction. Agent is not representing you in this transaction and any benefit you receive as a result of <br /> Agent's work on this transaction is purely incidental and should not be construed as creating an agency relationship between <br /> you and Agent. <br /> Agent owes the Landowner In this transaction undivided fiduciary duties, which include but are not limited to the duties of <br /> loyalty,disclosure,obedience, confidentiality, and reasonable care. Agent must put Landowner's interest first and negotiate <br /> the best terms and conditions for Landowner,not for you. <br /> You have the responsibility to protect your own interests. Carefully read all agreements to make sure they accurately reflect <br /> your understanding. If you need additional advice for legal, tax, insurance, building inspection, equipment Inspection, or <br /> other matters,it is your responsibility to consult a professional in those areas. In addition,you can choose to have the advice, <br /> assistance,and representation of your own real estate licensee. Do not assume that a real estate licensee is representing you or <br /> is acting on your behalf unless you have contracted in writing for such representation. <br /> The tenant grants permission to the Farm Service Agency to release any and all forms, documents, maps, contracts and yield data <br /> associated with the property referenced in the lease arrangement to First Illinois Ag Group and its representatives. <br /> IN WITNESS WHEREOF,we affix our signatures below. <br /> BY: _ DATE:_12, 'D LIP Z3 <br /> F T ILLINOIS AG GROUP AGENT FO <br /> Y OF DECATUR FARM#2 <br /> TENANT TAX a.D._ <br /> BY c..! ,�JQ.s! ' ' ' L DATE. <br /> STEVE BELL,TENANT <br /> BY: ATE: <br /> YOR, F DEC <br /> ATTEST:__ DATE: g �q <br /> CITY CL <br /> Revised 11/23 <br /> s <br />
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