R97-09 AUTHORIZING A CONTRACT - Laserfiche WebLink

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� .. (1) To make leases with tenants for a term of one crop year; with the privilege of renewing said lease from year to year if tenant proves satisfactory. (m) To perform all acts in connection with any agricultural programs under the jurisdiction of the United States Department of Agriculture and administered by the respective ASCS County Committee in which the above described farm real estate is located. 3. Magna Trust Company shall: (a) Use its best efforts by approved modern, scientific and pra�cdcal farming methods to achieve the objectives as set forth by the Owner. (b) Furnish all necessary plans and instructions to properly operate the farm real estate. (c) Direct the farming operations which shall include the selection of seed, fertilizers, herbicides, insecticides; the storage and drying of grain; the type of tillage operation , performed; the rotation, planting, and harvesting of all crops; and the making of I general repairs and other necessary improvements. (d) Have periodic soil tests and analysis made with owner's prior approval at the Owner's expense and treat the land to develop an appropriate state of fertilization according to � the Owner's desires. (e) Make periodic visits to the farm real estate for the purpose of supervising the farming operation and shall report such information to the Owner on at least a bi-monthly basis. (� Participate in the NSAFE" nutrient management services program developed by Maran Associates and the Conservation Technology Information Center's "Farming for M�imum Efficiency" program. (g) Supervision of the maintenance (by mowing, herbicide application, or other suggested methods) of existing and future grass waterways and filter strips (including labor, supplies and equipment). 4. Magna T�vst Company shall furnish to the Owner cunent financial reports showing receipts and disbursements from the above account for the periods ending the last day of March, June, September, and December of each calendar year. A complete detailed report of the preceding calendar year's account shall be furnished within 30 days or as soon thereafter as possible. The state of the Owner's account shall be furnished at any time upon request by the Owner. 5. The Owner shall pay Magna Trust Company a $1,500.00 annual flat fee as compensation for its services. This compensation shall be calculated and collected at the end of March, 7une, September, and December of each calendar year. 6. The supervision of capital improvements and major regair projects shall be deemed as outside this contract. Supervision of improvements will be provided by Magna Trust Company at the request of the landowner. Fees will be charged on an hourly basis plus expenses for the actual time involved.