Oreana Approves Farm Management Contract With Gerber State Bank
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Description
The Village of Oreana approved a farm management contract with The Gerber State Bank to oversee a 6.01-acre property. The bank will provide leasing, supervision, and financial reporting services for an annual fee of $50. The contract is effective through December 31, 2024, and auto-renews year-to-year unless terminated by notice.
Contract Details
Contract Amount
$50.00 annually
Vendor
GERBER STATE BANK
Agency
Oreana village, IL
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 21, 2024
Contract Term
April 16, 2024 to December 31, 2024, and year-to-year thereafter unless cancelled with 90 days' written notice before Jan 1st
Renewal Date
2024-12-31
Renewal Info
Contract renews automatically year-to-year unless either party gives written notice at least 90 days prior to January 1.
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