2012-58 REZONING PROPERTY - 4000 BLOCK OF GUN CLUB ROAD AND 3000 BLOCK OF CHRISTMAS TREE ROAD

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t c AGREEMENT This Agreement entered into effective this 5`h day of November, 2003, by and between the Decatur Park District, an Illinois municipal corporation (hereinafter "DPD"), with offices located in Decatur, Macon County, Illinois, and Archer-Daniels-Midland Company, a Delaware corporation (hereinafter "ADM"), with its principal offices located in Decatur, Macon County, Illinois. WITNESSETH: WHEREAS, DPD has today announced a new initiative "Parks and Recreation 2010" in connection with the announcement of a referendum to sell approximately 298 acres of land; WHEREAS, the initiative is designed to build on the quality currently provided by the DPD, improve the district's golf operations, and make improvements to many of Decatur's community and neighborhood parks; WHEREAS, ADM, pursuant to this Agreement, is agreeing to bid a minimum sum of money for the above-mentioned 298 acres, more or less, if the public approves the sale of the property at the March 16, 2004,general primary election. In consideration of Ten Dollars ($10.00)in hand paid by each party to the other and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. PROPERTY TO BE SOLD. A. Faries Park Property. The DPD, pursuant to a resolution adopted by its Commissioners on November 19, 2003, agrees to submit the proposition to the public as to whether or not it should sell the real property commonly known and referred to as Faries Park and Faries Golf Course (hereinafter referred to as the "Faries Park Property"), as well as the Brush College property,which is more particularly described below, to the successful bidder at a public auction which will be held if the property receives approval from the voters at a referendum, which is more particularly described below. Pursuant to this Agreement, ADM is agreeing to bid a minimum amount for the property which is more particularly described herein. The Faries Park Property consists of a golf course, of approximately one hundred ninety (190) acres, more or less, as well as the park property which is approximately one hundred(100) acres, more or less, which also includes the real property, commonly known as the Gun Club property. It is further agreed and understood that the DPD will not be conveying all of the Faries Park Property. A certain portion of the Faries Park Property will be excepted from the property