Iroquois County Leasehold Tax Summary 2395 Iroquois County SFWA.pdf

This is a Leasehold Tax Summary document prepared by the Illinois Department of Natural Resources for the Iroquois County State Fish and Wildlife Area (SFWA) farm lease opportunity. The document outlines the agricultural farming services being sought on state-owned property located within Iroquois County. The lease arrangement involves agricultural land parcels within the SFWA, with specific acreage information detailed in the accompanying Invitation for Bid (IFB). The contract pertains to farming operations on designated state property, with the term and renewal options subject to the conditions outlined in the formal bid solicitation materials.

The Leasehold Tax Summary provides financial and tax-related information relevant to potential lessees, detailing the tax implications associated with leasing state agricultural property in Iroquois County. This document serves as a supplementary exhibit to the primary bid solicitation, offering prospective bidders essential information regarding their tax obligations and financial responsibilities as lessees of the state-owned agricultural land. The summary ensures transparency regarding the total cost of ownership and operational expenses beyond the base lease payments.