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R97-89 AUTHORIZING A LEASE AGREEMENT
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R97-89 AUTHORIZING A LEASE AGREEMENT
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Last modified
4/18/2016 11:14:28 AM
Creation date
4/18/2016 11:14:27 AM
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Resolution/Ordinance
Res Ord Num
R97-89
Res Ord Title
AUTHORIZING A LEASE AGREEMENT WITH VULCAN MATERIALS COMPANY
Approved Date
6/30/1997
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. �STATE OF ILLINOIS ) <br /> ' ' ) <br /> COUNTY OF MACON ) <br /> LEASE AGREEMENT <br /> THIS LEASE AGREEMENT (the "Lease"), made and entered into as of the 1 st day of <br /> January, 1997, by and between CITY OF DECATUR ("Lessor"), and VULCAN MATERIALS <br /> COMPANY, a New Jersey Corporation, by anc�through its Midwest Division ("Lessee"). <br /> WITNESSETH: <br /> WHEREAS, Lessor is the owner in fee simple of all that tract or parcel of land lying and <br /> being situation in Macon County, Illinois (the "Premises"), and more particularly shown on the <br /> plat attached hereto as Exhibit "A" and made a part hereof; and ' <br /> WHEREAS, the parties hereto are desirous of providing for their future rights and <br /> responsibilities in relation thereto: <br /> NOW, THEREFORE, for and in consideration of the sum herein contained, and other <br /> good and valuable consideration, the receipt and sufficiency of all such consideration being <br /> hereby acknowledged, the parties hereto do agree and intend to be legally bound as follows: <br /> 1. Lessor, for itself, its successors and assigns, hereby leases, demises and lets the <br /> Premises to Lessee, its successors and assigns. , <br /> 2. Subject to the other provisions herein contained, this Lease shall be for a period of five �, <br /> (5) years from the date hereof; provided, however, that Lessor may cancel this Lease at any time �i <br /> during the term hereof, upon six (6) months notice, for the purpose of constructing a sludge <br /> disposal lagoon on the Premises. <br />
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