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County committee updates farm lease, raises insurance requirement and sets bidding schedule

Iroquois County Board · February 10, 2026
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Summary

A committee recommended changes to the county farm lease (three‑year term retained), increased insurance to $3,000,000, clarified payment and fertilizer responsibilities, and scheduled the notice of inviting bids with a March opening date.

Iroquois County committees reviewed and recommended changes to the county farm lease and related bidding process.

Committee materials and the report to the board noted termination of the previous tenant’s contract and proposed lease revisions intended to preserve a three‑year term while tightening insurance and payment provisions. The record shows insurance requirements were raised to $3,000,000, fertilizer expenses are to be paid within 30 days of receipt, yields must be reported by field within 30 days of harvest and successful bidders must execute a three‑year cash rent lease at terms set by the county.

Why it matters: The county farm lease covers productive land and any changes affect county revenue, farm operations and procurement timelines. Committee members moved to publish a notice of inviting bids with a submission deadline of 02/24/2026 and an opening at the management committee on 03/02/2026.

The committee recommended county board approval of the revised lease terms and to publish the notice of inviting bids; a roll‑call vote in committee carried the motion. The notice and a copy of the proposed lease were made available at the county clerk’s office.