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Docusign Envelope ID:DD5816EB-67CB-4766-8BD2-AF6385EB071C <br /> EXHIBIT 3 <br /> MEMORANDUM OF LAKE DECATUR WATERSHED FARMLAND <br /> CONSERVATION PROGRAM AGREEMENT <br /> THIS MEMORANDUM WITNESSETH that Emily Baldwin, OWNER, and THE CITY OF <br /> DECATUR,ILLINOIS,an Illinois municipal corporation,CITY,have entered into a Lake Decatur <br /> Watershed Farmland Conservation Program Agreement for the protection of Lake Decatur <br /> watershed,soil erosion control,nutrient management and water quality improvement affecting the <br /> following described premises situated in Macon County,Illinois, to-wit: <br /> Legal Description: <br /> The Northwest 1/4 of the Northwest 1/4, and the South 1/2 of the Northwest 1/4 <br /> and the South 1/2 of the Southwest 1/4 of the Northeast 1/4, all of said real <br /> estate being situated in Section Twenty six(26), Township Sixteen (16)North, <br /> Range Three(3)East of the 3rd P.M, and,• also,Lots One(1)and Two (2) of <br /> Merris&Fletcher's Subdivision in the Northwest 1/4 of the Southwest 1/4 and <br /> the North 35 acres of the East 1/2 of the Southwest 1/4, except that portion <br /> deeded for cemetery purposes, all situated in said Section 26, Township 16 <br /> North, Range 3 East of the 3rd P.M. as per Plat recorded in Book 335, on Page <br /> 157 of the Records in the Recorder's Office of Macon County, Illinois, subject <br /> to the reservation by Amos W. Fahrnkopf of a 1/2 interest in an existing lease <br /> of the premises for oil, gas and other minerals, situated in Macon County, <br /> Illinois, except a tract described as follows:Beginning at the Northwest <br /> corner of said Northwest 1/4 Section 26;thence Easterly 209.0 feet along the <br /> North line of said Northwest 1/4 Section 26; thence Southerly 624 feet along a <br /> line parallel with the West line of said Northwest 1/4 Section 26; thence <br /> Westerly 209 feet along a line parallel with the North line of said Northwest <br /> 1/4 Section 26 to a point on the West line of said Northwest 1/4 Section 26; <br /> thence Northerly 624 feet along the West line of said Northwest 1/4 Section 26 <br /> to the point of beginning.Also except, Beginning at the Southwest Corner of <br /> the Northwest 1/4, Section 26, Township 16 North, Range 3 East of the 3rd P.M, <br /> thence North 0°00'00" 305.0 feet along the West line of said Northwest 1/4, <br /> Section 26; thence South 89°44'00"East, 436.6 feet; thence South 0°00'00" <br /> 440.0 feet; thence North 89°44'44" West, 305.0 feet, thence North 0°00'00" <br /> 135.0 feet; thence Norht 89°44'00" West, 131.60 feet to the point of beginning, <br /> 1 of 2 <br />