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LEASE <br /> THIS LEASE made and entered into by THE BOARD OF EDUCATION OF DECATUR <br /> SCHOOL DISTRICT NO. 61 IN MACON COUNTY, ILLINOIS ("BOARD"), and THE CITY OF <br /> DECATUR, ILLINOIS ("CITY"), <br /> 1. Premises. The CITY does hereby demise and lease to the BOARD the following <br /> legally described real estate ("Premises") situated in Macon County, Illinois: <br /> The East 770 feet of the North Half of the Northeast Quarter of the Northeast <br /> Quarter of Section 34, Township 17 North, Range 2 East of the Third P.M., in <br /> Macon County, Illinois, except that portion dedicated to public right of way. <br /> 2. Use. The Premises shall be used and occupied by the BOARD solely for school <br /> purposes, and none other whatsoever without the written consent of the CITY. <br /> 3. Term. The term of this Lease shall be from January 5, 2004 through July 31, <br /> 2004. <br /> 4. Rental. The rental shall be One Dollar ($1.00) per month or any portion thereof, <br /> the receipt of which is hereby acknowledged. <br /> 5. Compliance with Laws. The BOARD agrees to observe and comply with all <br /> rules, regulations, ordinances, statutes and zoning laws now in force or which may be enacted <br /> during the continuation of this Lease by any Municipal, County, State or Federal authority <br /> (except any requirement for improvement of the Premises) and to indemnify the CITY for any <br /> damage caused by violation thereof. <br /> 6. Release. To the extent provided by law, the BOARD, in using the Premises <br /> does at its own risk. The CITY shall not be liable for any damages to property sustained <br /> EXHIBIT B <br />