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EXHIBIT 3 <br /> MEMORANDUM OF LAKE DECATUR WATERSHED FARMLAND <br /> CONSERVATION PROGRAM AGREEMENT <br /> THIS MEMORANDUM WITNESSETH that KOBS, LLC., 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 /> That part of the Northwest Quarter(NW 1/4)of Section Nine (9), Township Seventeen(17) <br /> North, Range Four (4)East of the Third Principal Meridian, Macon County, Illinois, <br /> described as follows: commencing at an existing post marking the Southwest corner of the <br /> Northwest corner of the Northwest 1/4, of said Section 9;thence S. 87°48'43"E. 330.21 feet <br /> along the South line of the Northwest 1/4 of said Section 9 to an existing iron pin for the point <br /> of beginning; thence N. 0°0728"E. 777.02 feet to an existing iron pin; thence N. 34°34'49"E. <br /> 648.07 feet to an existing iron pin; thence S. 86°47'57"E. 633.49 feet to an iron pin set on the <br /> West line of the East 1/2, of the Northwest 1/4, of said Section 9; thence S. 87°58'03"E. <br /> 664.97 feet to an iron pin set; thence S 0°24'55"W. 657.49 feet to an iron pin set; thence N. <br /> 87°53'24"W. 663.89 feet to an iron pin set on the West line of the East 1/2, of the Northwest <br /> 1/4 of said Section 9; thence S. 0°19'06"W 656.63 feet along the said West line to an existing <br /> iron pin marking the Southwest corner of the East 1/2 of the Northwest 1/4 of said Section 9; <br /> thence N. 87°48'43"W. 995.43 feet along the South line of the Northwest 1/4, of said Section 9 <br /> to the point of beginning. <br /> Together with the following described 20 feet wide access easement described as follows: <br /> beginning at an existing iron pin marking the Northeast corner of the West 1/2, of the <br /> Northwest 1/4 of Section 9, Township 17 North, Range 4 East of the Third Principal <br /> Meridian, Macon County, Illinois; thence S. 0°19'08"W. 1385.39 feet along the East line of <br /> the West 1/2, of the Northwest 1/4, of said Section 9 to an iron pin set; thence N. 86°47'57" W. <br /> 20.03 feet; thence N. 0°19'08"E. 1384.88 feet to a point on the North line of <br /> the Northwest 1/4 of said Section 9; thence S. 88°16'21"E. 20.01 feet along said North line to <br /> the point of beginning; referenced as Tract 1 on Plat of Survey dated January 16, 2019 by <br /> 1 of 2 <br />