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Docusign Envelope ID:96CBC382-6547-8F22-80E6-9D4D2661D329 <br /> EXHIBIT 3 <br /> MEMORANDUM OF LAKE DECATUR WATERSHED FARMLAND <br /> CONSERVATION PROGRAM AGREEMENT <br /> THIS MEMORANDUM WITNESSETH that Flatland Farms Cravcroft LLC, OWNER,and THE <br /> CITY OF DECATUR, ILLINOIS, an Illinois municipal corporation, CITY, have entered into a <br /> Lake Decatur Watershed Farmland Conservation Program Agreement for the protection of Lake <br /> Decatur watershed, soil erosion control, nutrient management and water quality improvement <br /> affecting the following described premises situated in Macon County, Illinois,to-wit: <br /> Legal Description: <br /> Parcel 1: The East 1/2 of the Southeast 1/4 of Section Thirty-six(36), Township Sixteen (16) <br /> North, Range Two (2)East of the 3rd P.M, EXCEPT the West 1 rod thereof AND EXCEPT <br /> the North 40 acres thereof and referenced as Tract 1 on Plat of Survey dated October 14, <br /> 2019 and revised October 16, 2019 and prepared by Robert M. Cox, Illinois Professional <br /> Land Surveyor No. 3779. Situated in Macon County, Illinois. <br /> Parcel 2: The Southeast 1/4 of the Northeast 1/4 of Section Thirty-six(36), Township Sixteen <br /> (16)North, Range Two (2)East of the 3rd P.M, EXCEPT the South 31.27 rods of the West <br /> 38.36 rods thereof and EXCEPT the North 882 feet of the West 530 feet thereof AND <br /> EXCEPT the North one rod thereof and referenced as Tract 3 on Plat of Survey dated <br /> October 14, 2019 and revised October 16, 2019 and prepared by Robert M. Cox, Illinois <br /> Professional Land Surveyor No. 3779. Situated in Macon County, Illinois. <br /> Parcel 3:A part of the East 1/2 of the Southeast 1/4 of Section Thirty-six (36), Township <br /> Sixteen (16)North, Range Two (2)East of the 3rd P.M., Macon County, Illinois;said part <br /> more particularly described as follows:Beginning at a point, said point being the Northeast <br /> corner of the said Southeast 1/4 of Section 36, Township 16 North, Range 2 East of the 3rd <br /> P.M.; thence South 00 degrees 00 minutes 24 seconds East(assumed bearing) along the East <br /> line of the said Southeast 1/4 of Section 36, 1345.39 feet; thence South 89 degrees 33 minutes <br /> 05 seconds West, 1295.21 feet to a point on the East Right of Way line of County Highway No. <br /> 31; thence North 00 degrees 00 minutes 00 seconds East along the said East Right of Way of <br /> County Highway No.31, 1345.39 feet to a point on the North line of said Southeast 1/4 of <br /> Section 36; thence North 89 degrees 33 minutes 05 seconds East along the said North line of <br /> the Southeast 1/4 of Section 36, 1295.05 feet to the point of beginning, and referenced as Tract <br /> 1 of 3 <br />