HomeMy WebLinkAbout81-0520 Hagemann Farmsf
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FARM LEASE
By this agreement made and entered into on May 20, 1981 between
the City of Elgin, Illinois, a municipal corporation, hereinafter referred
to as Lessor and Hagemann Farms, Inc. , a corporation created and existing
under and by virtue of the laws of the State of Illinois, Route 1, Box 143,
Hampshire, Illinois, hereinafter referred to as Lessee, Lessor leases to
Lessee to occupy and use for agricultural purposes only, the following real
estate located in the County of Kane, State of Illinois, legally described
as:
That part of the Southeast quarter of Section 4, Township 41
North, Range 8 East of the Third Principal Meridian, described as
follows: Commencing at the point of intersection of the center line
of Sleepy Hollow Road with the Northerly right of way line of the
Chicago, Milwaukee, St. Paul and Pacific Railroad Company; thence
South 89 degrees 19 minutes West along said Northerly right of way
line 1,446. 7 feet to the original center line of the Big Timber
Road, formerly Huntley Road; thence North 56 degrees 49 minutes
West along said center line 1,889.29 feet to the Northwest corner
of a tract of land conveyed to Lora E. Traeger by deed recorded
August 30, 1961 and recorded September 8, 1961 in Book 2098, page
408, as Document Number 958219 for the point of beginning; thence
South 16 degrees 13 minutes West along the West line of said Traeger
lands 811.64 feet to the Northerly line of said Railroad right of
way; thence North 79 degrees 43 minutes West along said Northerly
right of way line 481.51 feet; thence North 16 degrees 13 minutes
East parallel to the West line of the Traeger lands as aforesaid
1007.85 feet to the center line of Big Timber Road, formerly
Huntley Road; thence South 56 degrees 49 minutes East along said
center line 500.38 feet to the point of beginning, in the Township
of Elgin, Kane County, Illinois.
commonly known as Big Timber Commuter Site, for a term of seven months from
May 20, 1981 until December 20, 1981.
1. Lessee agrees to pay, without demand, to Lessor as rent for
the above demised real property One Hundred-Two Dollars ($102.00) per farmed
acre. Rent shall be paid on or before the first day of January, 1982. The
Lessor shall survey the property after completion of planting by the Lessee
and determine the number of acres that are planted and shall use that number
as the number of acres that are farmed.
2. Lessee agrees:
a. To cultivate the land in a timely, thorough and businesslike
manner.
b. To prevent noxious weeds from going to seed on said property
and to cut all weeds in accordance with Chapter 9.16 of the Elgin Municipal
Code.
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c. To not assign this lease to any person or persons, sublet
any part of the premises herein leased, nor license or grant permission to
any person to enter said property for other than agricultural purposes.
d. To not erect or permit to be erected any structure or
building or to incur any expense to the Lessor for such purposes.
e. To not erect or permit to be erected any commercial adver-
tising signs on said property.
3. In the event that Lessee fails to carry out substantially the
terms of this lease in due and proper time, the lease may be terminated by
the other party by serving a written notice citing the instance(s) of
default and specifying a termination date of sixty (60) days from the date
of such notice.
4. The Lessee agrees that at the expiration or termination of
this lease he will yield possession of the premises to the Lessor without
further demand or notice.
5. Lessor reserves the right for its agents, employees or assigns
to enter upon said premises and construct a commuter parking station and
parking facility.
6. Lessor agrees:
a. To give Lessee 14 days notice of any construction by the
Lessor on said property that will damage crops planted by Lessee.
b. To try to limit any damage to Lessee's crops when or if
construction is begun on said property.
c. Reimbursement for the damage to Lessee's crops by Lessor's
activities shall be $102.00 per farmed acre plus that acreage shall be
deducted from the total farmed acres.
IN WITNESS WHEREOF, the parties have executed this lease the day
and year first above written.
1 ,
CITY 0 ELGIN, Lessor
By ,/ ,
1
City Manager
Attest:
Ut-
City
HAGEMANN FARMS, INC. , Lessee
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F. Hage , 9sident
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Attest:
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