Schrader’s Auction of Funderburg Farm Properties

Owner: K-B Farms, Inc. & Funderburg Farms, Inc.

• 2,900 Acres Tillable • Productive Soils • Minutes from Rockford, IL & I-90 • Large Contiguous Tracts • Excellent Hunting • Investment Potential • Possession for the 2012 Crop Year

OPEN HOUSE/INSPECTION DATES
Monday, October 17, 5-7pm
Tuesday, October 18, 10am - Noon
Thursday, November 3, 5-7pm
Friday, November 4, 10am - Noon
Friday, November 18, 3-5pm
at the Community Building Complex of Boone County. Meet a Schrader Representative for Additional
Information and with any Questions You May Have.
PROPERTY LOCATION
See Area Map for Property Locations.
AUCTION LOCATION
Community Building Complex of Boone County. Address: 111 W. 1st Street, Belvidere, Illinois 61008 Phone: 815-547-3928 begin_of_the_skype_highlighting 815-547-3928 end_of_the_skype_highlighting
PROPERTY DESCRIPTION
You may bid online during this auction at www.schraderauction.com. You must register by November 11th to bid online. For information on registering for online bidding, call Schrader Auction Company at 800-451-2709 begin_of_the_skype_highlighting 800-451-2709 end_of_the_skype_highlighting.
TRACT DESCRIPTIONS
Tract 1: 82± ac Mostly Tillable with frontage on Huber Rd.
Tract 2: 58± ac Mostly Tillable with frontage on Huber Rd.
Tract 3: 68± ac Mostly Tillable with frontage on Reeds Crossing Rd.
Tract 4: 43± ac Mostly Tillable with frontage on Huber Rd.
Tract 5: 41± ac Mostly Tillable with Woods in Northeast Corner and Frontage on Huber Rd.
Tract 6: 142± ac Mostly Tillable with frontage on Reeds Crossing Rd.
Tract 7: 33± ac Mostly Wooded Acreage with Excellent Hunting and Frontage on Huber Rd.
Tract 8: 75± ac Mostly Tillable with frontage on Reeds Crossing Rd.
Tract 9: 4± ac Country Home with 3BR, 1-1/2 bath home with 1,480 finished sq. ft. and attached 2-car garage built in 1975.
Tract 10: 2.5± ac Potential Building Site with Frontage on Reeds Crossing Rd.
Tract 11: 210± ac Mostly Tillable with frontage on Reeds Crossing Rd.
Tract 12: 171± ac Mostly Tillable with frontage on Reeds Crossing Rd.
Tract 13: 59± ac Mostly Tillable with frontage on Reeds Crossing Rd.
Tract 14: 27± ac Mostly Tillable with frontage on Genoa Rd.
Tract 15: 135± ac All Tillable Productive Farm Land with Frontage on Grange Hall Rd.
Tract 16: 86± ac Mostly Tillable with Meandering Piscasaw Creek running through northwest corner and Frontage on Grange Hall Rd.
Tract 17: 21± ac Potential Building Site with Frontage on Grange Hall Road. Tillable Land
Tract 18: 2± ac Country Home - 2 story, 3BR home with 1,870 finished sq. ft. and 2 car detached garage.
Tract 19: 19± ac Mostly Tillable with frontage on Grange Hall Rd.
Tract 20: 93± ac Mostly Tillable with frontage on Russellville Rd. and Woodstock Rd.
Tract 21: 80± ac All Tillable with Frontage on Woodstock Rd.
Tract 22: 4± ac Country Home - 2 story, 5BR home with 2,010 finished sq. ft. and 2 car detached garage.
Tract 23: 156± ac All Tillable with Frontage on Woodstock Rd.
Tract 24: 40± ac All Tillable with Frontage on Russellville Rd.
Tract 25: 77± ac All Tillable with Frontage on Russellville Rd.
Tract 26: 2.5± ac Country Home - 1-1/2 story, 4BR home with 1,264 finished sq. ft. and 2 car detached garage.
Tract 27: 77± ac Mostly Tillable with Frontage on Poplar Grove Rd.
Tract 28: 73± ac Mostly Tillable with Woods in Back. Excellent Hunting and Frontage on Poplar Grove Rd.
Tract 29: 99± ac Mostly Tillable with Some Pasture and Piscasaw Creek on west end. Frontage on Grange Hall Rd.
Tract 30: 111± ac All Tillable with Frontage on Kelley Rd.
Tract 31: 39± ac Mostly Tillable with frontage on Kelley Rd. and Caledonia Rd.
Tract 32: 95± ac Mostly Tillable with frontage on Beloit Rd. and Dawson Lake Rd.
Tract 33: 117± ac Mostly Tillable with Frontage on Russellville Rd.
Tract 34: 20± ac Potential Building Site with 10+/- Acres Woods for Hunting/Recreation
Tract 35: 49± ac Mostly Tillable with frontage on Russellville Rd.
Tract 36: 40± ac Mostly Tillable with Frontage on Russellville Rd.
Tract 37: 26± ac Country Home and Woods with Frontage on Russellville Rd. - 2 story, 3BR home with 1,344 finished sq. ft.
Tract 38: 92± ac Mostly Tillable with Frontage on Russellville Rd.
Tract 39: 81± ac Mostly Tillable with frontage on Edson Rd.
Tract 40: 64± ac Mixture of Tillable Land and Woods with Frontage on Burr Oak Rd.
Tract 41: 95± ac Mostly Tillable with frontage on Hwy. 173
Tract 42: 70± ac Mixture of Tillable Land and Woods with Frontage on Cemetery Rd.
Tract 43: 80± ac Mostly Tillable with frontage on Cemetery Rd.
Tract 44: 107± ac Mostly Tillable with frontage on Wang Rd. and Mill Rd.
Tract 45: 43± ac Mixture of Tillable Land and Woods with Frontage on Wange Rd.
Tract 46: 75± ac Mostly Tillable with Frontage on Cemetery Rd.
Tract 47: 79± ac Mostly Tillable with Frontage on Wange Rd.
Tract 48: 40± ac Mostly Tillable with Frontage on Wange Rd.

The following is taken from:  http://www.schraderauction.com/auctions/5361

There are signs and Tract #’s across the county.

Illinois farm land pricey, and available

BLOOMINGTON (AP) – Farm land is starting to come up for sale in some parts of Illinois, and it's happening at a time of sky-high prices.

The U.S. Department of Agriculture says Illinois farm land is selling for $5,800 an acre. Prices have doubled since 2004. High corn and soybean prices and low investor confidence in other assets have pushed up demand for farm land.

Land brokers in central Illinois say they're starting to see more tracts on the market.

Dave Klein is a broker with Soy Capital Ag Services in Bloomington. He tells The (Bloomington) Pantagraph that his firm has 12,000 acres for sale. That's 20 percent more than last fall.

Klein believes land could continue to be a good investment if demand for corn and soy keep crop prices high

Click on the following for comments and more:  http://www.nwherald.com/2011/09/28/illinois-farm-land-pricey-and-available/a33oln8/#readcomments

Sunshine Review: Amendments to Illinois FOIA

The following bill is awaiting signature from the governor.

c
House Bill 1716
i

Status:
Final Status:x (Awaiting transfer to the Governor)

• House:p (05/31/2011, 84-Yeas, 31-Nays, 0-Not Voting)
• Senate:p (05/30/2011, 43-Yeas, 16-Nays, 0-Not Voting)
• Governor:

Sponsor:
Representative Jim Durkin

Introduction date:
02/16/11

State law:
Illinois Freedom of Information Act

Bill text:
As Introduced
As amended by the House
As amended by the Senate

[edit] HB 1716

HB 1716 introduced to the House by Representative Jim Durkin which would make significant alterations to the Illinois Freedom of Information Act. It would add special rules for "Recurrent requesters" in regards to fees, deadlines and exemptions. It would also for additional fees for commercial records requests. Finally it would redact sections relating to the duties of Access Councilors.^[1]

[edit] Details

Below are the amendments that effect Open Meetings or Public Records law:

Section 2:

• subsection g - A person who makes more than 50 records requests in one year, more than 15 requests in a month, or more than 7 requests in a week who is not a member of a media organization, scientific or academic organization or other non-profit would be considered a "Recurrent requester." These groups would not be considered "Recurrent requesters" provided that the requests were made for articles of opinion or features of public interest, or educational, scientific, and public research.

Section 3.2:

• subsection a - would allow agencies 21 days to respond to record requests. The response would be required to include an estimate of fees that would be assessed, a denial based on an exemption, or notification that the request is unduly burdensome.
• subsection b - would allow agencies 5 days after receiving a request from a "Recurrent requester" to give response which must include reasons why the agency is classifying the requester as such. The public body would then have 21 days after response to notify the requester of proposed responses.
• subsection c - unless the request is exempt from disclosure the public body is required to respond within a "reasonable period" given the size and complexity of the request.

Section 6:

• subsection a - if requests are made for commercial purposes an agency may alter charges for researching or reproducing records.
• subsection b - if requests are made for commercial purposes an agency may add charges for search and review of records and any personnel costs associated with it.
• subsection f - allows the public body to charge $10 for each hour spent by personnel retrieving records for commercial purposes as laid out by subsection a and b. If the agency does assess additional fees it must provide an accounting of all fees, costs and hours involved in the request.

Section 9:

• subsection b - a person who makes a request for commercial purposes may file for a request of review with a Public Access Councilor. It would redact the previous section b that allowed for Access Councilors to clarify the basis for request denials, grant councilors the ability to review with further inquiry, and mediate between a requester and an agency. ^[1]

Belvidere Township and the purchase of the Eagle’s Building

Result of the 9-27-2011 Township Meeting:   The Township's General meeting of the electors is scheduled for Tuesday, October 18, 6:00 PM at the Community Building. To take action on the Eagle’s Building.  According to Pat Murphy, a lot of people were surveyed  and and based upon that evidence this is an appropriate date. Judy Schaabacher had already reserved the community building for it. I think they expect a big crowd. Lets make it so. :) John Mayville was in attendance representing the township on the transaction.